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Old 02-11-2011, 10:04 PM   #16 (permalink)
redneck
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Quote:
Originally Posted by Frank Lee View Post
I do believe oil, for our purposes, is a finite resource and therefore subject to exhaustion. It won't be (as alluded to on pg 1) cut off suddenly like someone threw a switch; it'll be a "slowly boil the frog" thing, with prices rising as it becomes necessary to spend more to extract/refine it.
I agree.

Predicting peak oil, is almost like predicting peak technology. Neither can be done.


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