Tag: Peak Oil
Another Moon Shot For “Texas Tea”?
Just last week I was writing about crude oil. I talked about the importance of crude for world economies. We also talked about peak oil theory and its affect on oil prices. Now obviously, there are other important factors affecting oil prices besides “peak oil” theory. Current supply/demand figures, along with economic growth rates (GDP), […]
Peak Oil – The End Of The Oil Era
Oil surpassing $90.00 per barrel and Peak Oil is here. For those of you who have never heard the term, it is the most important two words in an oil trader’s life. Peak oil referrers to the fact that this world of ours, as big as it is, holds a limited amount of oil. Over […]
