Re: does peak oil cause intelligence to drop?
[ QUOTE ]
Note to Il Mostro. These crazy types are not as fringe as you claim
[/ QUOTE ]
What is your background and qualifications? If you care to share that with us?
Because it seems anyone who doesn't agree with you is "crazy", be they Nobel Price winners or heads of MIT. No matter how much thought they have put into the matter, if they don't come to the same conclution as you they are "crazy".
[ QUOTE ]
Record investments in new drilling
[/ QUOTE ]
I'm not sure about that one, you have any references to support that? I rememeber reading a report about the 10 largest explorer not managing to find enough oil to make up for exploration costs, unfortunately I don't remember the time frame.
[ QUOTE ]
a sharp drop in oil demand in China
[/ QUOTE ]
Have any references for that? I have not been following China very closely lately, but all I've seen is that their demand is only up about 5% this year, compared to 15% last year.
|