Relevant and even prescient commentary on news, politics and the economy.

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Peak Oil and prices in two years from now

…Peak Oil will not be quantified by how high oil prices rise, but by how low oil prices don’t drop. ——————– Okay, so the allegory goes like this: Oil prices

Oil Prices Revisited

According to the Lundberg Survey gas prices set another nominal record last week averaging $2.50 per gallon nationwide for self-serve regular. In real terms (adjusted for inflation) gas prices are…