He told me that "sometime it's hard to tell the different between peak oil doomers and stock market players, because both of them have fancy charts and stories. There are many scenarios proposed by oil doomers in internet, one says it's a life-long slow decline, an other says production plateau may hold decade and then moderate decline, and the other says a catastrophe collapse is coming. Guess what, there are many scenarios proposed by stock market players in internet, one says DJ index will decline one month later, an other says index may hold several years even we have a recession, and the other says a catastrophe index collapse is coming. ", he said.
He thinks peak oil doomer is not a good predictor, but a good novelist. Because he highly doubt that any one could really predict world energy supply, just as he doubt any one could predict DJ index....





