Tuesday, May 20, 2008

The End of Oil...

is apparently coming more quickly than even the pessimistic folks think. In just 6 years both Mexico and Russia will not be exporting ANY oil. So enjoy our abundance now, even at $127 a barrel. Think $200 and then $400 a barrel. It will be UGLY.

The question is how much pain will be involved in getting there?

That is my load of cheer for the morning.

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