 | Duncan Clarke Responds to David Strahan | The Oil Drum: Europe | The Amazing Power of King Hubbert(...?) |  |
102 comments on More on the Systematics of Hubbert Linearisation
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102 comments on More on the Systematics of Hubbert Linearisation
Comments can no longer be added to this story.
| Show without comments | PDF version
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Dave, please note that in response to the OPEC news, commodities traders raised the price of oil to within fifty cents of the all-time record of $78.77.
They are betting their careers against OPEC's word. My take on this is that a major disruption in petroleum distribution is expected in the next few months, rendering this quota increase moot.
I have a friend who works in a lumber yard. He regularly threatens to "start eating sawdust and crapping 2x4's" but I don't plan on building a house from his "output"
SW