More abot peak oil

[travelinman]

http://cbs.marketwatch.com/news/stor...7D&siteid=mktw

[cincygreg]

Truth be told, there is always a surplus of oil. Even when there is a claimed "shortage" there are still millions of barrels in supply. The price of gas fluxuations should be more gradual, but they are based on futures it seems.

[img]tongue.gif[/img] [img]cool.gif[/img] [img]smile.gif[/img]

[jumper69]

Actually greg that's not quite true. Our national reserves are down several million barrels from where they used to be.

I guess I'm not the only one that sees the oil world for what it really is...

Strangely I don't feel vindicated. Just sad.