[Bas]

And to make it even more scary, we're about 2 centimeter off the top of that chart at the moment....

[Andrew_S]

That graph certainly is scary. But I wonder when the effect will be seen at the gas stations. Prices where I am are still well below the highs of 2006. Strange.

[MacG]

$this->bbcode_second_pass_quote('Andrew_S', 'T')hat graph certainly is scary. But I wonder when the effect will be seen at the gas stations. Prices where I am are still well below the highs of 2006. Strange.

[Novus]

$this->bbcode_second_pass_quote('Bas', 'A')nd to make it even more scary, we're about 2 centimeter off the top of that chart at the moment....

[gnm]

Good grief! Ugly when you see it laid out like that. Gotta be just speculation right? ..... RIGHT!?



-G

[Cobra_Strike]

Coool....super spike phase? Next summer could be rough at this rate.

[joewp]

Somebody here at PO.com postulated a 3-year delay from peak production to a catastrophic occurrence(e.g. US peak in 1970, gas lines in 1973). Since conventional crude oil seems to have peaked in 2005, I'd say that 2008 looks like it indeed could be rough.

[Sys1]

joewp : Yes but they said this evening on TV that since France (i'm french) adopted the nuclear energy after the 1973 shock, oil scarcity can not hit much our economy. (It will just be annoying at the pump.)

[Tyler_JC]

$this->bbcode_second_pass_quote('joewp', 'S')omebody here at PO.com postulated a 3-year delay from peak production to a catastrophic occurrence(e.g. US peak in 1970, gas lines in 1973). Since conventional crude oil seems to have peaked in 2005, I'd say that 2008 looks like it indeed could be rough.

[joewp]

$this->bbcode_second_pass_quote('Sys1', 'j')oewp : Yes but they said this evening on TV that since France (i'm french) adopted the nuclear energy after the 1973 shock, oil scarcity can not hit much our economy. (It will just be annoying at the pump.)

[bodigami]

...that graph is strange; between the beginning and end of 2006 there was basically no rise in price... well, maybe the Peak was '06 not '05... but at the end, those it matter? we're heading down either way.

[Lighthouse]

Not that I do not like simplified approaches but you pick one graph out of a complex system and come to assumptions and conclusions. Interesting.

Girls and boys, may I remind you that the US$ lost a bit of its value recently? Don't you this this could have an impact on the price for a barrel of the stinking black stuff we all crave so much?

[Tyler_JC]

$this->bbcode_second_pass_quote('joewp', '
')It will be even more annoying when the nuclear engineers can't buy gas to get to those plants and keep them running.

[joewp]

$this->bbcode_second_pass_quote('Tyler_JC', '')$this->bbcode_second_pass_quote('joewp', '
')It will be even more annoying when the nuclear engineers can't buy gas to get to those plants and keep them running.

[Tyler_JC]

$this->bbcode_second_pass_quote('joewp', '')$this->bbcode_second_pass_quote('Tyler_JC', '')$this->bbcode_second_pass_quote('joewp', '
')It will be even more annoying when the nuclear engineers can't buy gas to get to those plants and keep them running.

[Lighthouse]

$this->bbcode_second_pass_quote('Drifter', '.').. Peak oil is here. ...

[Lighthouse]

$this->bbcode_second_pass_quote('Drifter', '')$this->bbcode_second_pass_quote('Lighthouse', '')$this->bbcode_second_pass_quote('Drifter', '.').. Peak oil is here. ...

[Twilight]

$this->bbcode_second_pass_quote('Tyler_JC', 'N')uclear plants won't be able to open their own gas stations for their employees/purchase gas coupons for their workers?

And yet during the fuel rationing of WW2, it was easy to allocate extra gas coupons to doctors, policemen, and other vital workers.

[darren]

$this->bbcode_second_pass_quote('joewp', '
')
It will be even more annoying when the nuclear engineers can't buy gas to get to those plants and keep them running.

[Lighthouse]

$this->bbcode_second_pass_quote('darren', '.').. Ya, because global oil production is going to drop from 85mbbl/day to ZERO overnight. ...