Rays of hope

…My instincts tell me that in the final outcome, money and investments must be put into real goods and services that improve the material benefit of all levels of society; this is the creed of us engineers. So called


The fundamental postulate of peak oil theory states that when a field is half depleted, we can no longer increase the rate of extraction. The present volatility is caused by the fact that for several reasons, the rate of extraction has stagnated at 86 billion barrels/day, so that there is little reserve margin available.

We may have reached the point where the more energy we use, the more it will cost.

Can we change to a situation where the more we use, the less it will cost, and in the process save the world from increasing wild swings of the economy, not to say also from ecological disaster as well.

Aliran