Sunday, January 09, 2005

Lew Rockwell Piece

Because the economists and geologists aren't getting along nicely, it's unlikely this Charles H. Featherstone piece at will see the light of day anywhere on any of the Peak Oil boards, but it's worth a read. At least he shows signs of understanding what's going on, and in my opinion, that's the biggest first step. The Peak Oil doomsayers invariably believe demand will stay constant, while the economists keep telling us oil is a commodity that will magically appear when needed. Neither is right; we need a meeting of the minds.