Peak Oil, Deep Oil and Son of the Evening Star — part I

Whiskey and Gunpowder takes on “abiotic oil”

SOME PEOPLE ARE just plain skeptical of the entire Peak Oil thesis. Here is an e-mail from a Whiskey & Gunpowder reader named Michael, location unknown:

“Sorry. Peak Oil is a scam to sucker investors like you into wasting money. Do a Google search for ‘Peak Oil scam.’ Your editors will never allow you to touch this. They make way too much money.”

Sorry right back at you, Michael. We at Agora Financial are not afraid to touch anything. The only rule around the office is that whatever we do, we are not allowed to scare the horses that some of the Baltimore police officers ride. So we will discuss the so-called “Peak Oil scam” in this issue of Whiskey & Gunpowder. And along the same lines as Michael’s e-mail, a reader named Albert from South Carolina had this to say:

“Apart from the MASSIVE amount of oil of the oil sands of Canada, there is a constant stream of raw material to MAKE oil in this country. As a matter of fact, it is available to every country on the planet that is willing to make the investment. I am surprised that you are unaware of this information.”

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