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achilles28... your'e right. Oil has nothing to do with wars in the middle east. We just go to war for adventure and to because we hate that women over there are not allowed to drive and have to wear burkas. yeah, that's it. Conclude what you wish.

You're in a fantasyland. "For all we know" type of conjecture does not put food on the table. But you know what? I won't argue if oil is biotic or abiotic or if it's possible for it to be both. The bottom line is that oil depletes, and likely faster than it can be created. That sounds...

Hydrofracing is very water intensive. After I read up on it I found this company: ESPH.OB interesting stuff they do with the water and they signed up w/ Simmons Co. recently. Bought in at .36 at .50 now. Check it out. Not comfortable with the amount of shares outstanding and some other...

So we drop bombs for the hell of it? Then why aren't we dropping bombs elsewhere? Why is it that we're always dropping bombs near energy resources? Why are we stationed near energy rich areas? C'mon... you make no sense.

You still didn't address any of my prior questions. Why do wells deplete? Why did domestic US oil production (lower 48) peak in 1970? I thought the stuff magically replenishes itself? As for other planets - who cares? It's not commercially viable anyway. You going to fly across the...

Looks like you read up on this topic. What is your opinion of shale gas - like the Barnett Shale gas play? Overblown or a panacea or somewhere in the middle?

If the abiotic theory was both true and commercially viable, you think countries would still be going to war over the stuff? Look at the middle east, Venezuela, Rwanda... wars are waged, governments overthrown, all because the stuff is scarce.

I didn't mean to be rude... but the reality is mass media, governments, and the oil companies are actucally against discussing the peak oil issue. In my mind, it's easier to discuss cap and trade, global warming, and the war on terror- all of which, in my view, are in response to peak oil -...

This has to be one of the most worthless posts I have ever seen. It is typical of a lazy mind that can't or won't research, relies on a conversation with someone he once had, and views that someone as an authority. Is this how you trade as well? Some dude tells you something and you plunk...

I did OK in '09. But unlike you, I know that Bernanke and the Fed will ultimately destroy what dollar based wealth I have. Making a lot in something that will ultimately be worthless is not really making a lot, is it? No point in arguing.... time will tell.

Whose calculations? What massive new discoveries? What's your definition of "massive?" IMHO, the last massive discoveries took place between the 1950s and late 1960s.

That's naive. Does a wonderful free market dictate that we need a military presence in the middle east? Imagine if there was a nuclear war in the middle east because our military was not based there to snuff it out and all hell broke loose. How would our wonderful free market react...

People that don't believe in peak oil don't understand what peak oil is. Let's assume oil is of abiotic origin, wells deplete nonetheless.... that's a fact. Is it a stretch of logic to assume that if one well depletes, then all wells deplete? Is the planet finite? Did the US lower 48...

I would also add that a good chunk of the economy is asset-value based. When those asset values drop, 401Ks, Insurance Companies, Pension funds, and other Institutional investors suffer. Think of the far reaching consequences to the F.I.R.E. economy if asset values drop significantly and...

Teddy Roosevelt knew how to handle oligarchs too. Obama? He shines their shoes and says yes suh!

That's not poorly run. That's the nature of the defense contractor biz. :D

Please elaborate...

Germany, an exporting nation, kept the Euro artificially low to make exports more competitive. The (un)intended consequence? A property bubble in the periphery (PIIGS) an area that was traditionally a low real estate cost area. Now the bubble has burst, many of these countrie's debt to...

[Translation] Now scatter! You dimwitted plebs. There is nothing here for you to see, and nothing here for you to worry about. You couldn't understand it anyway if I explained it to you. The rising foreclosures, de-industrialization, offshoring, derivative/AIG crisis, the medicare/SS...

Nowadays, we're called Neo Malthusians, OK? Malthus will be proven right... it's just that not unlike all other economic predictions, timing is a pain in the ass to get right. But seriously, energy and other resource constraints will be playing a greater role. It is only in the last...