And some of us are still unsure but tend to think you are more right than
wrong about the peak oil idea, and wondering when oil hits about 40 -50 bbl,
the U.S. doeasn't lock in a price for about thirty years worth.
H*ll, were spending pretend money to keep failed, pseudo-intelligent, highly
credentialed, bankers, hedge fund managers and their flying monkey friends
solvent, why not buy a ggenerational contract at today's prices ....bobf
--- On Tue, 10/28/08, Clansgian AT wmconnect.com <Clansgian AT wmconnect.com> wrote:
> From: Clansgian AT wmconnect.com <Clansgian AT wmconnect.com>
> Subject: Re: [Homestead] True????
> To: homestead AT lists.ibiblio.org
> Date: Tuesday, October 28, 2008, 7:54 AM
> > >Do you think there are any people out there that
> could lead without using
> > petroleum, maybe not, as very few of use are alive
> from the era of not
> > depending on petroleum!
>
> If we are to have any leaders at all, there must be.
> Just like the
> addled sheeple that we are, everyone is saying, "Peak
> oil is over, happy motoring
> days are here again! Oil is *only* $65 a barrel and gas is
> *only^ $2.60 (or
> whatever)!!"
>
> Peaking a bit behind the curtain though, in the recent
> downturn in world
> financial markets may speculative traders got caught short
> and had to dump
> contracts they were holding at any price to raise cash to
> meet their obligations. &
> nbsp;Some of the price reduction is a reduction in demand
> but most of it is
> literally that when you are at the pump, some speculator
> somewhere is footing $1 a
> gallon of your gas as you fill up.
>
> For now.
>
>
>
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