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Re: The Peak Oil Economic Depression Has Arrived

Home Forums Archives The Crash Course Chapter 17a: Peak Oil The Peak Oil Economic Depression Has Arrived Re: The Peak Oil Economic Depression Has Arrived

  • Mon, Mar 09, 2009 - 02:09am

    #31
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    Re: The Peak Oil Economic Depression Has Arrived

[quote=Mike]

No Patrick, Oil went to $147 because production peaked in 2005.  Demand
everywhere was going up, especially in China and India.  Demand
coudln’t be met for years…[/quote]

Yes Mike, but what was feeding demand?