Wednesday, January 12, 2005

Places to go, things to read

I came across an article titled The Myth of Peak Oil today and it's long, but good and fairly easy to understand, even if you have absolutely no idea of how the markets work (or too much knowledge, as the case might be). I enjoyed the underlying cynical humor. To wit:

I doubt very seriously anyone at Exxon called the White House and said "invade Iraq for us so we can get exploration and production contracts." If there were commercial quantities of oil in Hell, Exxon executives would not call God and demand regime change. They would buy an extremely nice lunch for the Devil, and they would talk contract and concession terms.

No comments: