Page added on September 26, 2007
As a loyal Whiskey & Gunpowder reader and personal friend of Byron King, I must say that not only do I subscribe to the Peak Oil theory, I am experiencing it first hand. As I write this, I am only a few short minutes from the border of Russia at my home in Estonia. Yes, Estonia, the small Baltic country with the big heart and the taxes to match it.
Taxes are a big problem here, but the bigger one is heating fuels. With winter right around the corner and crude oil hitting record highs of almost $83, prices here are surging. Our natural gas and heating oil bills here are going to be three times as much this year and basically that will break the bank for many in this tiny country. The problem is just getting worse as Russia tightens the screws on its natural resources in the region.
Now, Peak Oil may be very familiar to you as a Whiskey reader, but another peak phenomenon may not
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