Oil Caused Recession, Not Wall Street

There is a lot of oil about. A lot left in the ground and a lot being produced. Amidst the contention, it is easy to overlook that Peak Oil is called Peak Oil because this is when we will never be more awash in the black stuff.

The abundant availability of oil buoys skepticism.

Peak Oil is in part a symbolic marker. Like reaching the year 2000, the Queen passing her 50th jubilee or getting half way through a glass of beer. Notable, and in the case of the beer regrettable. However, Peak Oil will likely pass without undue trouble.

What matters are problems that will go along with the globe