Scrawls from Preston...

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Fri 06 June 2008

Ignorant Journalism

Wow - it doesn't get much dumber than this article on CNN. I know its risky to be on any side that is saying "This time its different", as nearly everything is cyclical. But cyclical and exponential trends can't mix forever. What people continue to not understand is that the problems of Peak Oil are not about remaining quantities remaining (either conventional or unconventional). It is a problem of production (rate) and the quality of that production (light sweet vs heavy sour).