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Peak Cheap Oil Rears Its Head

Oil majors throw in the towel
Monday, March 24, 2014, 7:31 PM
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This is a critical update on the Peak Cheap Oil front. 

Yes, I am talking about that tired old concept that was allegedly slain by American drilling ingenuity. It's back in the news... if you know where to look.

I remain steadfastly interested in the oil outlook because everything, and I do mean everything, in our exponential monetary and associated economic system is hinged upon there being more cheap oil next year than last.

 

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