Oil jumps above $100 on refinery outage

[HungLikeJesus]

Originally Posted by Aliantha

There's no need to say sorry if that's what you really think HLJ. If it is what you really think, I'd be curious to know why you think it.

Regardless, Ali, there's never an excuse for me to be unkind.

The reality seems to be (and you can find plenty of people who support, and others who reject, this idea) that we are at, or very near, the limit of oil production. If you do a search for "Peak Oil" you can find a lot of this information. This is no longer just a lunatic fringe idea.

This quote is from a Volvo web site "The consumption of energy is increasing all over the world. At the same time, the available resources are declining. "

ASPO probably has the most comprehensive site. I was at a conference recently where Colin Campbell, the founder of ASPO, gave a presentation.

Here's an article from Technology Review from 2005.

There are lots more out there (even on Wikipedia).