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Peak oil here?

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  • Mon, Aug 31, 2009 - 07:15pm

    #1
    mpelchat

    mpelchat

    Status Bronze Member (Offline)

    Joined: Sep 10 2008

    Posts: 40

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    Peak oil here?

Hello all,

Calculations are showing oil production is lowering world wide. 

http://www.financialsense.com/editorials/casey/2009/0828.html

Could be lower demand, could be countries holding back for more cash, could be peak oil.  Hopefully it is one of the 1st 2.

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