Here comes $500 oil

"But I guess it just reminds me that as a society, we don't have the ability to actually come to grips with a crisis until it's hit us in the face. I am discouraged enough now to think that we're going to have to have a really nasty shock before we wake people up." Full Story »

Posted by Paul Peete
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Posted by: Posted by Paul Peete - Sep 29, 2008 - 8:34 AM PDT
Reviewed by: Paul Peete (review)
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Paul Peete
4.3
by Paul Peete - Oct. 1, 2008

Both in content and style I find this article exellent in that it not only presents Simmons theory of peak oil, but traces its history back to Hubbert, the originator of the theory. It relies on numerous sources for data and exposes OPECs manipulation of reserve estimates to suit their production decisions. Brian O'Keefe does an exellent job of putting this piece in an informative and interesting format.

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