‘This Peak Oil Theory We’re Really Starting to See Coming to Fruition’

October 16, 2007

The Iron Triangle is starting to lose its grip on the message. Guest analyst Kevin Kerr talks on CNBC about the current spike in oil prices, and how the ‘peak oil theory is coming to fruition.’ No denial, no derision from the host, just a question about when the gas lines form. A year or two ago, a guest mentioning peak oil would have been lambasted as a conspiracy nutcase or worse; today, he’s simply stating his interpretation of current events.

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