Friday, March 4, 2011

Horwitz: Peak Oil and Other Myths


  1. Nice presentation. High school students should be required to learn how the free market works. To me it is a key part of financial literacy.

  2. So are you proposing that the center of the earth is a giant nougat of oil????? I am sorry, I agree with you a lot of time, but this is just ridiculous. We are very definitely running out of oil, this is a fact.

    There may be plenty of oil left under the ground, but there will come a time (very soon me thinks) that energy return on energy invested will reach a breaking point. There is just not an unlimited supply (no matter how many times people try to convince themselves there is) of oil beneath the surface and this should be quite obvious.

    I am not sure what to say except that the world's resources are LIMITED, and if this is not clear then I don't know what is.