<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/4b3a4096-fc71-4c47-a202-d34cef19a3d8/764C9300-9EE7-4E69-926A-E80323ABED3A/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://futurejacked.blogspot.com/2009/03/oily-mess.html" href="http://futurejacked.blogspot.com/2009/03/oily-mess.html" style="font-size: 11px;">futurejacked.blogspot.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://futurejacked.blogspot.com/2009/03/oily-mess.html">I personally regard the geologic and political aspects of Peak Oil to be beyond dispute. All that means is that the easy, cheap-to-drill oil has been found, that the earth is at, or has already passed, the maximum flow-rate of oil that can be extracted. It is all downhill from here as far as oil production. <A href="http://www.peakoil.net/files/06_Analysis_of_UK_oil_production.pdf">The U.K. has proven to be a great case study in Peak Oil</A>. Mexico will be the <A href="http://www.rigzone.com/news/article.asp?a_id=73988">next great case study in Peak Oil</A> and serve as a poster child for the <A href="http://en.wikipedia.org/wiki/Export_Land_Model">Export Land Model</A> as well as serving as <A href="http://www.newsweek.com/id/189246">the next great Collapse State</A>. You folks down in the Soutwest - good luck with all that.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://futurejacked.blogspot.com/2009/03/oily-mess.html"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/futurejacked.blogspot.com/img/80F7403E-9C46-4223-A120-B0E89CAD3034" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://futurejacked.blogspot.com/2009/03/oily-mess.html">Check out the graph from <A href="http://www.calculatedriskblog.com/2009/03/domestic-oil-investment-to-decline.html">Calculated Risk</A> below and extrapolate the trend in oil sector invesetment. Is that what you expect in a world facing a catastrophic decline in production capability five years hence?</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://futurejacked.blogspot.com/2009/03/oily-mess.html">The Peak Oil meme is dystopian, is Malthusian, is catastrophic and, I think, will fit the coming mood to a T.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://futurejacked.blogspot.com/2009/03/oily-mess.html">There are the basic facts </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://futurejacked.blogspot.com/2009/03/oily-mess.html">and then there is mood</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://futurejacked.blogspot.com/2009/03/oily-mess.html">Mood trumps facts</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/764C9300-9EE7-4E69-926A-E80323ABED3A/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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