The View From The Peak

tag:blogger.com,1999:blog-337241942010-05-06T00:44:49.837-07:00The View From The PeakLatest news on Peak Oil, oil depletion, oil geopolitics and moreOil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.comBlogger2732125tag:blogger.com,1999:blog-33724194.post-22905271124725574882009-02-19T23:04:00.000-08:002009-02-19T23:05:50.695-08:00Rick Santelli: Rant of the Year

On CNBC

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-6088987047733391112009-02-18T23:32:00.000-08:002009-02-18T23:37:11.908-08:00Cast Aways: A Thought Experiment

Here is a thought experiment:Imagine an Island with population for 4 people: Frank Farmer, Charlie Chef, Mike Miner, Sam Smith.Frank grows grains for all the other three, Charlie bakes and cooks for all the other three, Mike Mines Iron & coal, and Sam makes tools for all the other three. They sleep in caves and live their lives.Frank saves some grains for that proverbial rainy day. Mike saves

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-77651250578301840852009-02-15T22:15:00.000-08:002009-02-15T22:17:05.542-08:00Matt Simmons on the Oil Market

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-56372264035107542942009-02-07T22:49:00.000-08:002009-02-07T22:57:13.886-08:00Amity Shlaes: The Forgotten Man - Interview

I recenlty ordered "The Forgotten Man". Amity Shlaes, the author is an adjunct associate professor at NYU's Stern Business School.

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-37785899985018338082009-02-05T20:04:00.000-08:002009-02-05T20:06:21.145-08:00Warren Buffet: Nobody Knows If Fiscal Stimulus will work

Susie Gharib: But there is debate about whether there should be fiscal stimulus, whether tax cuts work or not. There is all of this academic debate among economists. What do you think? Is that the right way to go with stimulus and tax cuts?WB: The answer is nobody knows. The economists don’t know. All you know is you throw everything at it and whether it’s more effective if you’re fighting a fire

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-59597920225149428012009-02-05T19:52:00.000-08:002009-02-05T19:54:18.244-08:00Do You Have Performance Issues?

Stimulis may be right for you.

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-6034630229886052662009-02-01T20:20:00.000-08:002009-02-01T22:12:20.384-08:00Ascent of Money - Book Review

I finished reading this book last week. Niall Ferguson as always makes a very engaging read. Book covers a lot of ground in terms of monetary and banking history. Book tries to explain the role money, banking and finance has played in the development civilization. However, in the end, leaves the author with the impression that it has been put together too quickly, to get it to market before the

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-28620673456110557372009-01-31T21:36:00.000-08:002009-01-31T21:38:45.709-08:00New Patent in EESU

The core ingredient is an aluminum coated barium titanate powder immersed in a polyethylene terephthalate plastic matrix. The EESU is composed of 31,353 of these components arranged in parallel. It is said to have a total capacitance of 30.693 F and can hold 52.220 kWh of energy. The device is said to have a weight of 281.56 pound including the box and all hardware. Unlike normal lithium-ion

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-37637938815509598892009-01-31T21:07:00.001-08:002009-01-31T21:22:22.790-08:00An Austrian Case Against Stimulus

I found the following comment on Austrian Economists Blog the most compelling case against economic stimulus I have seen so far.There needs to be a in-depth comparison between the market and policy response of the 1921 depression and the Great Depression and what it means for the current crisis. Here it is:Someone should really point to the 1921 depression for President Obama to study rather than

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-72998098781145779122009-01-23T21:48:00.000-08:002009-01-23T21:50:45.654-08:00Republican "Laissez Faire" Legacy

Bush, the Federal Reserve and the Congress have spent the last 8 years following an aggressively liberal economic policy that makes anything attempted by Lyndon Johnson pale into insignificance.For instance, the last 8 years has seen the following:1)Massive increase in the welfare state through the establishment of a vast new entitlement program, the prescription drugs for seniors, as well as

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-2540537928892648232009-01-22T16:06:00.000-08:002009-01-22T16:15:53.342-08:00The Audacity of Hype

Hilarious take on President Obama's Inauguration.

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-34310802630373739502009-01-18T17:31:00.000-08:002009-01-18T17:32:09.150-08:00Roubini Sees Global Recession

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-84716668537791201622008-11-23T22:34:00.000-08:002008-11-23T22:53:03.398-08:00No Mercy!

Market Knoweth No Bounds To Its Fury :1929-1932 chart is of the Dow Jones Industrial Average, as it collapsed 90%. That level of crash, if it were to occur now, will bring the DJIA down to about 1400. In otherwords, another 80% down from today's levels. That is an implausible scenario, if not impossible.Rest of the charts are that of S&P500, which goes back only till 1957. It is a much broader

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com1tag:blogger.com,1999:blog-33724194.post-85354447441652769372008-11-17T21:30:00.000-08:002008-11-17T21:47:36.793-08:00Monday Mishmash

Underwater Mountain: Mountain House, CA on the verge of collapse. A bankruptcy could mean an end to police, fire, sewage, water, garbage services. I am not sure if all of those services are provided by that City.Here is International Herald Tribune:This town, 59 feet above sea level, is the most underwater community in America.Because of plunging home values, almost 90 percent of homeowners

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-57684999075334030352008-11-14T14:04:00.000-08:002008-11-14T14:07:04.099-08:00Cash Carry In the Hot Seat

Is he a chump? asks one congressman.

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-54922546713953046192008-11-10T11:23:00.000-08:002008-11-10T11:29:17.616-08:00Random Rambling

Michael Crichton, RIPMichael Crichton passed away on November 4th, 2008. Mr. Crichton, “the father of the techno-thriller,” is the author of 21 books including The Andromeda Strain, Congo, Jurassic Park, Timeline, The Lost World, Prey, and State of Fear, selling more than 150 million copies and translated into 36 languages, with twelve made into films. The recipient of an Emmy, a Peabody, and a

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-27403436894812688212008-11-04T14:16:00.000-08:002008-11-04T14:27:58.337-08:00Is Bullishness Unwarranted?

Mish at the Global Economic Analysis suggests that there is unwarranted bullishness. Here is what I think:There is a technical reason, may be two for the bullishness.First, "Change" is coming to White house, most likely. Do you think political hacks like Paul Krugman will be bearish once messiah "O" is declared the next president of the U.S? Second, The sell off in the financial markets were

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-26748390608448163802008-11-03T22:49:00.000-08:002008-11-03T22:50:54.131-08:00Houston Chronicle: BP chief says another oil spike is possible

Oil executives and political leaders told a major petroleum conference Monday that the era of cheap energy is over and warned of another price spike if investment in oil production is curtailed.“Prices are falling, but they’re falling for the wrong reasons: because of reduced demand and a consequence of reduced economic activity, not because we have increased supply or increased energy efficiency

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-71356429607052412522008-11-03T22:46:00.000-08:002008-11-03T22:48:23.651-08:00Bloomberg: Rate Cut Down Under

Australia's central bank cut its benchmark interest rate by a larger-than-expected three quarters of a percentage point, the third reduction in as many months, amid evidence global financial turmoil is buffeting the economy. Governor Glenn Stevens lowered the overnight cash rate target to a 3 1/2-year low 5.25 percent in Sydney today, adding to last month's 1 percentage point reduction. Fifteen

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-91664327908822770832008-11-02T10:46:00.000-08:002008-11-02T10:56:10.465-08:00Mandelbrot & Taleb Interview on PBS

Mandelbrot & Nassim Taleb on the credit crunch. Watch it hereTaleb is the author of "Black Swan: The Impact of the Highly Improbable"

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-50515008428806113032008-10-29T11:25:00.001-07:002008-10-29T11:33:23.692-07:00Fed Acts Irresponsibly, Again!

The root cause of the current financial crisis was a lose monetary policy pursued by the Federal Reserve for most part of this decade. What is their solution to the current crisis? More of the same. Americans have been borrowing and consuming too much, and saving and investing too little. So here comes Fed with an incentive to save - a drop in interest rate to 1%. That should give a shot in the

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-36776291809284493152008-10-28T09:45:00.000-07:002008-10-28T10:12:45.738-07:00Did Laissez-Faire Cause the Great Depression?

The enemies of the free market often quote Andrew Mellon, the treasury secretary under Hoover as evidence that President Hoover's hands off approach is what prolonged the great depression."Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. . . . [That] will purge the rottenness out of the system. High costs of living and high living will come down. People will work

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-8454221285705569222008-10-27T16:30:00.000-07:002008-10-27T16:36:02.667-07:00Obama's Loss Traced To a Single Voter.

Does your vote count? You may want to rethink, if you are planning a "non-vote" in the upcoming election.

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-82926977205942570982008-10-27T10:17:00.000-07:002008-10-27T10:19:38.831-07:00Tractors for Stockbrokers, Maseratis for Farmers

Says Jim Rogers...

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0tag:blogger.com,1999:blog-33724194.post-64609937739511993092008-10-26T20:36:00.000-07:002008-10-26T20:47:01.814-07:00Peter Schiff Interview On Glenn Beck Radio

Part IPart II

Oil Shockhttp://www.blogger.com/profile/09767340191241899867noreply@blogger.com0