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Page added on February 23, 2017
How the “Peak Oil” Story Crashed with its Price
In mid-2000, the world feared it was running out of oil. Speculators, in turn, became feverishly bullish on oil’s price. A 78% crash soon followed. Today, almost no one talks about “Peak Oil.”
6 Comments on "How the “Peak Oil” Story Crashed with its Price"
rockman on Thu, 23rd Feb 2017 7:12 am
POD…’nough said.
eugene on Thu, 23rd Feb 2017 8:28 am
After all these yrs, peak oil is not understood. The inability to comprehend even simple concepts certainly supports the idea we have the poorest educational system in the industrialized world.
Mark ziegler on Thu, 23rd Feb 2017 9:24 am
For investors only.
Nony on Thu, 23rd Feb 2017 3:53 pm
This video is just technical trader silliness. I actually share the general view of peak oil and the peak oil fad. But I don’t believe in “Elliot waves”. Technical trading is to NPV as abiotic oil is to geology.
Muzzie on Thu, 23rd Feb 2017 4:36 pm
Education cannot fix tards. Peak oil will educate and eradicate them. Unless they start burning Brawndo for energy.
Davos Rock on Sat, 25th Feb 2017 8:03 am
Fads and trends. There’s a reason The Oil Drum lost its audience. Humans have short attention spans and are drawn to blood and gore doomsterism. Without the headlines, their attention tends to wander.