Loc: Sunnyvale, CA mostly
The basic math is much simpler.
In 2008, peak oil production/supply was 4.5% short of peak oil demand.
The next re-crash supply/production/capacity will be worse, since the rebound low prices killed new exploration, i.e., capacity will be even smaller (no new sources/fields, plus significant number of existing sources'/fields' extraction gets less efficient, therefore costlier, obviously, as does as any mined or plumbed resource).
Loc: Pinellas Park, Florida
Investing in oil companies now might get you good gains in the short term, but in a few years, they'll collapse. Will they be allowed to ask for government bailouts then? For their own shortsightedness?
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