The Market and the Peak Oil Ragnarok - Reader comments at The New York Sun

75F

Hi 88F
Lo 70F

Recent Blog Posts

Reader comment on:
Heralding The End Times

Submitted by Iconoclast421, Mar 6, 2008 10:41

If you really thing peak oil is a half baked farce, or anything even close to that, then here is something to consider: Go to google and type in: ELM iron triangle The very first result is an article posted on July 10, 2007 Notice the timing. When did the market begin its first big nosedive in recent years? A week later... Even if you refuse to do the research, rest assured those with big big money know what's going on. Sooner or later, peak oil is going to financially devour everyone who refuses to accept it. Because you cant read the market correctly without respecting the "Peak Oil Ragnarok". Peak oil is such a generic term anyway. What is going to kill us is peak exports, and the accelerated decline of oil exports as shown by the export-land model. Furthermore, ask yourself why is China building polysilicon plants that are 20 square miles in size? That is almost visible from orbit! All for solar power? Why are they doing it? Because they know that as long as a solar panel produces more energy over its lifetime than it takes to produce it, it is a good idea. Much better than wasting it on pushing around a big SUV and feeling good because you're voting for CFR-Obama or CFR-Hillary or CFR-McCain.

Note: Comments are screened, and in some cases edited, before posting. We reserve the right to reject anything we find objectionable.

Other reader comments on this article

Comment	By	Date
The Peak Oil theory is absolutely real. The problem is that Kunstler is indeed a crank and is engaged in... [MORE]	Joe T.	Mar 19, 2008 20:43
If you really thing peak oil is a half baked farce, or anything even close to that, then here is...	Iconoclast421	Mar 6, 2008 10:41
That's the meanest positive review I've ever gotten. Thank you very much and go give yourself a hot beef injection,... [MORE]	James Howard Kunstler	Mar 5, 2008 11:57
Hey, lay off the conservative economic dogma will ya? Being in a ice storm here in Vermont, I can attest... [MORE]	datadave	Mar 5, 2008 23:27
For those that can survive.......good food, music, alcohol, toil, bonking, [MORE]	Sydney Street	Mar 9, 2008 07:59
I was introduced to Jim Kunstler by an old friend. He is a great writer and is trying to wake... [MORE]	Neil Lori	Mar 11, 2008 13:25
"Leaving aside the half-baked geopolitco-cranko-economic analysis that "informs" Mr. Kunstler's vision of a Peak Oil Ragnarok..." Said like someone who... [MORE]	Bill R	Mar 5, 2008 11:37
Scientific and government studies support Kustler's thesis. See the 40 page report at: http://www.peakoilassoicates.com/POanalysis.html [MORE]	Clifford Wirth	Mar 5, 2008 08:32
At $100 a barrell, demand of excess of 80 billion barrells a day, and huge investments in non0conventional oil that... [MORE]	Sean H.	Mar 5, 2008 07:34
Fantastic review, sir, and you caught Mr Kunstler's POV perfectly. I think this book will become a movie one day,... [MORE]	danny bloom	Mar 5, 2008 06:08