 | Oilwatch Monthly - April 2008 | The Oil Drum | The Energy Return of Nuclear Power (EROI on the Web-Part 4) |  |
247 comments on DrumBeat: April 22, 2008
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247 comments on DrumBeat: April 22, 2008
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That's great news that some people are pulling their heads out of the sand. Now if only the same could be said for the IMF's Lipsky:
"While oil demand has remained robust, the supply side response to rising prices has been disappointing."
Is it just me, or is that like saying "Bad Dog!" to the dingo that just ate your baby?
Their heads were actually in their own tookus' and apparently that is where Lipsky's (and Yergin's et. al.) still is (are). Perhaps if their heads were in the sand they could have seen that there was less oil there than they had been positing.