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Eric Dubin
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Peak Oil: Update

- Bob Hoye - Institutional Advisors

Bob, you don't have an understanding of what peak oil is. Peak oil theory does not predict we well run out of oil reserves. It also is not possible to make an intelligent argument about peak oil by looking at oil prices. You really need to roll-up your sleeves and study the subject -- or don't comment.

Bob, I realize you will not likely see this as 24hgold just reposts and you probably don't take the time to see what feedback people provide. But on the off chance that you do see this, I really hope you take the time to master the subject.

Commented 3914 days ago

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Beginning of the headline :"Peak Oil" has been the theory that the US, in particular and the World, in general would run out of oil reserves. Such theories depend upon supply/demand analysis that for centuries market forces have demonstrated as inadequate. The dynamics of financial history move faster than fundamental research can deal with. Peak Oil is not the only example. The "Coal Question" was a serious concern in the 1860s. Growing population and expanding industry made a shortage of coal inevitable. Sta... Read More

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