![]() | The Energy and Environment Round-Up: October 31st 2007 | The Oil Drum | The World's Expected Carrying Capacity in a Post Industrial Agrarian Society | ![]() |
270 comments on DrumBeat: November 1, 2007
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270 comments on DrumBeat: November 1, 2007
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GAIA Host Collective
Even at its current price, oil is still a bit cheaper than it was at its height in the 1970s, once you account for inflation. We're only at the beginning of the peak-induced run-up in oil prices. Just be patient. In the next 4-8 months you'll start to see major disruptions because of both the price and availability of oil.
Let's get rid of this now.
Inflation is theft and over 80% of us have
not kept up.
The reason for inflation in the first place.
So people like the DoD and the Top 10%
can use "inflation adjusted".
For the rest, it's no accident that 1974 were
the "Bottom 80% "s best years.
Arkansaw of Samuel L Clemens
Don't forget slacks, checks and big collars..Imagine if it was 'The Rockford files' forever....heaven