[ExI] Whatever happened to peak oil by 2020?
naturalborncyborg at gmail.com
Tue Jan 12 15:46:02 UTC 2016
technology happened (fracking)
the high price was mainly due to market manipulation by OPEC and money
the global economy is acting like the road runner (run past the cliff edge,
waiting for gravity to kick in)
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On Tue, Jan 12, 2016 at 8:29 AM, John Clark <johnkclark at gmail.com> wrote:
> Oil is now selling at $31.41 a barrel, the lowest it's been in 12 years,
> and Goldman Sachs and Morgan Stanley both predict $20 oil in the near
> future but you need to take that with a grain of salt. Goldman Sachs
> predicted $200 oil in 2008 so they're not very good at forecasting the
> John K Clark
> extropy-chat mailing list
> extropy-chat at lists.extropy.org
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