[lbo-talk] End of Suburbia: Peak Oil

[martin]

I'm not sure that I heard a definition of 'it' (as in 'it wouldn't 
happen'). It seems to me that peak oil is when demand outstrips supply 
and price escalates to the point where economic growth ceases.

Martin

On Jun 29, 2004, at 8:08 AM, Doug Henwood wrote:


>
>> Someone here said they would bet it wouldn't happen in the next 10 
>> years. I'll take the bet.
>
> That was me.
>
>> How much and how in the hell do you collect on a bet made on-line?
>
> $500, and good question.