Peak Oil, Yes and No

2 thoughts on “Peak Oil, Yes and No”

  1. Don’t forget the Federal government imposed price controls that caused domestic fuel shortages for several years before the embargo. So OPEC got a boost from foolish attempts to curb inflation.

  2. I was a teenager during the Oil Embargo and then a young adult (living in Oklahoma) during Oklahoma’s Oil Bust in the 1980s, when house values halved overnight. I agree with every point you made.

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