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Wednesday, November 16, 2005

Is Peak Oil for real or what?

So gas prices are falling. This is good. Now most of the country is only paying 20% more than a year ago. Still it bears repeating that something is very wrong with our addiction to oil. We can't live with out it. It undergirds everything. From your trip to the market, to a certain war in the Middle East. Is oil production peaking, or is Big Oil just making a killing while W looks on with a smirk. Or both. This article explains it all. Whatever one thinks we do, along with the oil city of Houston, have a problem.

 

 
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