Heyer Capital, LLC

investment management and timely advice from a local CPA (Fox Valley, Wisc.)

Peak Oil

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These notes were from a presentation at a Peak Oil conference, so we’re decidedly getting one angle of the issue. http://peakwatch.typepad.com/ASPO_Houston_10-07_cnelder.pdf

I think it’s just inevitable that demand growth is faster than supply growth. We won’t ‘run out’ of oil, it’s just that it won’t get to market quick enough to meet demand “at low prices.” Worse, gov’t will start to overreact and lash out with political pandering (excess taxes & distribution controls) which just further mucks things up.

The Saudis, Chavez, and Putin won’t be the problem; it will be our legislatures and neighbors.

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Written by heyercapital

October 31, 2007 at 6:46 am

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