Thursday, May 06, 2004
MAYBE IT'S TIME TO BUY THAT HONDA CUB
"What is involved here is nothing short of an imminent peaking out of production of crude oil on a global basis -- known by energy industry insiders as 'Hubbert's Peak' -- which would turn a cyclical supply/demand crisis into a structural energy crisis of unprecedented proportions."
From: The looming oil crisis will dwarf 1973
"The first in a series of articles dealing with this pending crisis and its potential impact on our economy and financial markets" --- By Paul Erdman
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