[lbo-talk] Is There Anything To This Peak Oil Business?

[Dwayne Monroe]

Recently, an excitable lefty friend, a woman who
believes that capitalism, at least as presently
configured, is a decade or so away from the grave,
introduced me to the idea of 'peak oil'.

I've read the articles and followed the web sites (use
link below for Google results) but still don't feel
confident to say whether this is darkly wishful
doomsday hype or a real analysis hidden behind some
unfortunately overcooked imagery.

Of course, common sense tells us that oil is not
forever.  Still, is the peak oil-ist description of
the problem on-target?

Anyone have informed thoughts?

DRM

link -

http://tinyurl.com/v8an

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