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PeakOil is You

Peak Oil Forums Capitulation?

General discussions of the systemic, societal and civilisational effects of depletion.

Re: Peak Oil Forums Capitulation?

Unread postby Pablo2079 » Wed 15 Oct 2008, 11:59:09

$this->bbcode_second_pass_quote('', 't')he economic calamity is a direct result and a sympton of Peak Oil and the end of cheap energy


Too true deMolay. If the economic engine can't "afford" oil at $70 a barrel or $140, what's the difference? We're seeing credit markets seize up and stocks crash. Energy isn't "cheap" anymore and that's rocking the foundation of the world.
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Re: Peak Oil Forums Capitulation?

Unread postby dohboi » Wed 15 Oct 2008, 18:07:09

Someone on another thread (sorry, can't remember who or where now) compared the PO and price destruction to an anaconda eating a live victim.

The anaconda waits till the victim breaths out to swallow more of him, then wait for the next out breath, swallows more...until the victim is completely consumed.

I thought this was a grim but brilliant comparison to what we are seeing. We started to be swallowed by PO and we breathed in (conserved int he face of high oil prices). But now (as prices receded) we are breathing out a sigh of relief, but the anaconda has not yet finished its meal.....
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