Reply #52: As is often the case, more than one thing is true.

[El Pinko]

Sure people who scream about peak oil, or are convinced that sea level will rise 3 meters by 2020, can be annoying, but so can people who point to every little dip in oil prices as evidence that things are going back to the way they were a decade or two (and that by extension, everything is going to be hunky-dory).

Clearly things are not going to go back to the way they were, and we are facing a major realignment in the way we power our civilization.

That doesn't mean the OP Is wrong - prices may decline further - but I do think that a profound shift is under way that is different than the oil shocks we've had in the past, and I don't think I'm especially pessimistic.



There are all kinds of panicmongers here - people who insist that flight 93 was hit by a missile, that the WTC and tower 7 were felled by pre-set explosives, that no republican has ever won an election without "Diebolding" it, that we are only a few short years away from a swamped inferno of an earth, and I sometimes mix it up with them, but I certainly don't take what they asay personally.