The Wall Street Peak Oil Journal

…How the World Works has been closely following the Journal’s coverage of oil-related issues for several years — today’s front page story is the most pessimistic piece I’ve seen the newspaper publish. Two years ago (when a barrel of oil cost a mere $75), the phrase “peak oil” was more likely to be accompanied by the modifier “so-called” or to be ridiculed in a headline like, “Poking at Peak Oilers.”

But new record-setting prices nearly every day have a way of focusing the mind (in trading Thursday, crude oil futures broke $135). The International Energy Agency is getting gloomier by the minute, reports the Journal.

Salon.com