so much for peak oil

  1. 20,673 Posts.
    10 years ago, and from memory, the price of oil was about US$150 per barrel  - and PEAK OIL was the mantra - and indeed, watso firmly believes in PEAK OIL, but now it seems that the world is awash with oil.

    PEAK OIL  is there somewhere, but while oil is cheap, people would be fools not to make maximum use of it .  airfares will be cheaper, so go on that overseas holiday.  petrol is cheaper, so go for those long drives, just to use up the petrol.

    when the oil runs out, it will make no difference in the overall scheme of things, if oil runs out 20 years earlier, or 20 years later.

    sadly, watso does not have a car - so will continue to cycle -
 
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