Was Boone Pickens of British Petroleum always a Peak Oil guy? Cause he was on Hardball and effectively said we were are at the peak right now. Cris asked him what oil prices will do - "go up" he says. When will it stop? He says "When prices rise enough to kill
demand". He says this is happening because we have a supply problem, and that he doesn't think we will ever go beyond what we are producing now!!! Ie... that we have hit the Peak. He kept saying, "It could get really interesting in the 4th quarter of this year."
Cris M. actually followed the thread and asked if that is really why Gulf I and II happened, be cause we really need the oil. Wow, looks like alot of the background stories are starting to bubble to the surface.