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PeakOil is You

I found a way to spread the word of peak oil!

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I found a way to spread the word of peak oil!

Postby dissimulo » Thu 05 Jul 2007, 14:54:16

All this time, I had been using the wrong approach.

Several years back, I tried to inform selected friends and family about PO. They almost unanimously decided I was somewhere between loony and duped.

Lately, I have gotten into a few discussions about investments and have mentioned that I occasionally trade oil futures, invest significantly in oil and coal companies, and am dabbling in alternative energy. After revealing the kinds of returns I am getting, people get quite interested and ask why I am investing so heavily in the energy sector...

Which leads into my explanation of peak oil and the reasons why I believe energy is only going to get scarcer and more expensive.

Interestingly, people are quite willing to accept the argument and consider the situation from this perspective. If I said, "Over the next ten years, energy supply is going to fall far short of demand and our lives are going to change dramatically," people would dismiss me as a kook. On the other hand, if I say, "Over the next ten years, energy supply is going to fall far short of demand and most people are going to lose their shirts, while a few who have invested accordingly will profit," people are keenly interested.

People are willing to accept that their lives are going to change, so long as they believe they can profit by it. ;)
With a farewell scream of escaping steam, the boiler bows to the Diesel;
The Iron Horse has run its course and we ride a chromium weasel
-Ogden Nash
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Re: I found a way to spread the word of peak oil!

Postby VinceG » Thu 05 Jul 2007, 15:36:56

No offence, but I don't think this brilliant insight of yours will earn you a nomination for the Nobel price in Economics...
"In the U.S., fears are so exaggerated and out of control that anxiety is the number-one mental health problem in the country.", Barry Glassner
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Re: I found a way to spread the word of peak oil!

Postby dissimulo » Thu 05 Jul 2007, 15:56:50

Heh. Probably not.

I just found it amusing that you can use all the same words, except mention that there is profit to be had and the conversation changes completely.

As long as you stay focused on the near term, peak does not seem all that threatening. Just don't think too far in advance. ;)
With a farewell scream of escaping steam, the boiler bows to the Diesel;
The Iron Horse has run its course and we ride a chromium weasel
-Ogden Nash
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Re: I found a way to spread the word of peak oil!

Postby Pretorian » Thu 05 Jul 2007, 23:34:04

where do you trade oil futures, which company? How much do they charge per account/deal?
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