Peak Oil Passnotes: Here Comes the Stag

High energy prices will not go away. Despite the fall in equity markets, despite the turmoil of debt and credit markets, despite the growing numbers of people thrown out of jobs.

Despite the fact that data in the United States has been amazingly weak this week, with stock builds all over the place – including a 7 million barrel crude build and a 10.6 million barrel build in products


One reason of course is the continuing fascination with the Chinese and Indian economies, which are subsidising energy consumption for their people and businesses. This state of affair, especially in China, prompts fury from the