Page added on June 26, 2008
Robert Hirsch describes another form of Peak Oil: political peaking. Perhaps the Middle Eastern nations can produce more oil to meet the world
1. No risk of foreign investments being expropriated.
2. No danger of losing money from instability of financial markets or poor investment decisions.
3. No way foreign bankers and brokers can siphon the money into their own pockets.
4. Equal or even superior ability to grow in value.
It is a tribute to our lack of energy research and planning that this scenario is both likely and receives near-zero attention from our public policy experts.
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