Peak Oil goes Mainstream

Bank of America and Barclays Capital, two leading oil traders, have told clients to brace for crude above $100 (£64) a barrel by next year, before it pushes relentlessly higher over the decade. This is a stark contrast from recessions in the 1980s and 1990s, when it took years to work off excess drilling capacity built in the boom.

When the Bank of America and Barclay’s on board, Peak Oil has gone mainstream.  more

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2 responses to “Peak Oil goes Mainstream

  1. Pingback: Matt Savinar is interviewed by Jim Puplava, (peak oil) – part 5 : Eclipse Now

  2. Pingback: Alarming Economic Facts – 4 of 21 – Money Debt Energy Peak Oil Environment War : Eclipse Now

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