Peak Oil Passnotes: Stock Markets Tumble but Crude Holds Firm

Temporary crashes, stumbles or corrections in the stock market no longer mean energy consumption will be cut. All it means is that down the chain another slice of the public are whittled off into low energy lifestyles. In order to pass the wealth up the chain to the richest who in turn can consume even more and demand energy intense lives for those who work for them, serve them, as they commute to work, work longer hours. These are the real reasons why energy consumption is not being hit.

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