Why Oil Shortages May Cause Price Decreases, Rather than Increases

The Oil Drum | May. 18, 2009 (Opinion)

A lot of people think peak oil is no longer a problem because prices are no longer in the stratosphere. It seems to me that standard economic models start breaking down when production for a commodity like oil starts becoming difficult to expand and there are no good substitutes. Full Story »

Posted by Greg Boyle

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Subjects: Business, Sci/Tech
Topics: Energy, Oil and Gas
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Posted by: Posted by Greg Boyle - May 18, 2009 - 8:15 AM PDT
Reviewed by: Greg Boyle (review), Glenn LaBauve (review)
Content Type: Article
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Edited by: Greg Boyle - May 18, 2009 - 8:15 AM PDT

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Glenn LaBauve
1.4
 by Glenn LaBauve - Jun. 5, 2009

Smoke and mirrors

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Greg Boyle
5.0
 by Greg Boyle - May. 18, 2009
Greg posted this story.
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