Reply #9: I understand what you're saying

[depakid]

and I think a lot of the hue and cry as to short term spikes and valley's in prices, for example, is counterproductive.

In fact, increasing price volatility with an inexorable rise in the moving average is exactly what the models predict.

There's a reason why Kunstler titled his book "The Long Emergency," because the ramifications aren't generally amenable to short term thinking.

The exception of course, is the potential for economic collapse- which could well be imminent for additional reasons and WILL be exacerbated by ever increasing energy costs.