IEA chief economist -- "we peaked in 2006"

lancasterlad · Post by **lancasterlad** » 05 May 2011, 20:24

RGR wrote:having cajones and all.

What are cajones? Sounds bollocks to me.

biffvernon · Post by **biffvernon** » 05 May 2011, 20:35

Note that I wasn't really wanting to feed trollish behaviour but thought my last post might be interesting to folks other than our friend from across the pond.

snow hope · Post by **snow hope** » 05 May 2011, 23:03

biffvernon wrote:Note that I wasn't really wanting to feed trollish behaviour but thought my last post might be interesting to folks other than our friend from across the pond.

Yes, it was Biff.

Some odd people just can't see past their noses......

Keepz · Post by **Keepz** » 06 May 2011, 01:46

RalphW wrote:
Of course, falling demand is just the inevitable consequence of falling supply. The lower the price, the less the oil companies will invest in new supplies. (waits for snide comments from usual suspect..... )

Could somebody explain this please? What is it in your statement that you think will provoke a snide comment, on what lines and from whom? Because I'd certainly not argue, and I'm usually in a minority round here in pointing out that market forces will sort out peak oil.