Reply #29: No, peak oil is here now

[Mike03]

Why should OPEC hassle with the United States when they have diligently been lining up oil partnerships with far more predictable, rational and credit-worthy nations???

Don't forget that we are borrowing now for just about everything we do, and these nations no longer want our dollars because they are worthless pieces of paper. That is not true for the Middle East's better trading partners.

Aarggg. Why don't people understand this?? It's not so hard. Would you keep loaning money to a deadbeat, or would you begin to lend money to the less famous people who pay you back and you trust not to bully and bomb you??