The big oil companies have been running ads about alternative energy (I just saw a Chevron ad about geothermal seconds ago*) and ads that obliquely touch on the subject of peak oil - without, of course, ever using that term.

I wonder what the point of those ads is. There doesn't seem to be direct economic benefit to the companies for running them. Maybe the point is to give the general public a sense that of the imminent collision of excrement and air mover. Not the details of course, just enough so when the gas lines form, or the first US city loses gas pressure in February, they'll be able to stand up before a Senate committee and point to the ads and say "we've been educating the public about this for years."

Getting back on topic, it may be that CNBC takes these ads as license to discuss the underlying facts.

*Of course the geothermal ad was followed by a Ford ad where a woman swapped her Camry which gets EPA 24/33 for one week for a Fusion that gets 20/28. Go figure.

I think the point of the ads are to help them stay in business.

During the last price spike, congress started talking about taking them over and/or taxing their profits.

I also suspect they don't want to be dragged out of their cars and lynched by an angry mob when the truth starts to make it into the MSM.

Yeah --I've been noticing the new ads by Chevron recently too. I wonder how the general public (the Peak unaware) respond to these; especially the ones about oil-for-now and clean energy in the far far off future?