After reading through this, it's hard to come to any other conclusion: We're in the first stages of TS really beginning to HTF.
Peak Oil Review
$this->bbcode_second_pass_quote('', 'W')hile last week started quietly, Thursday and Friday turned into a frenzy, with prices surging from a low of $132 a barrel on Wednesday to touch a new high of $142.99 on Friday...
...While the effects of $200 oil seem analyzable, others are beginning to talk of the possibility or the likelihood of $300, $500 and even $600 oil 4 or 5 years from now. As yet no one seems to be thinking through the implications for society should oil reach these prices in a short time...
...Largely unreported in the American media is the growing frequency of electricity, diesel, and gasoline shortages around the world...
...Major economic projects are being cancelled due to the shortages. Last week a $2.7 billion aluminum smelter in South Africa was put on hold until there is enough power to operate the facility...








