Re: The US Power Elite: Undawnted

Jim Devine wrote:

also, there’s a good correlation (I’d bet) between the price of gasoline and the number of references to “Hubbert’s Peak” on lbo-talk, pen-l, etc.

You bet. I haven’t quantified it, but I’m sure it’s there. It’d be interesting to run the numbers on Nexis hits.

BTW, T-Bone Pickens seems to believe in Peak oil (see http://www.npr.org/templates/story/story.php?storyId=5159144)

Ah, Boone. A failed oilman, he turned takeover artist, and then disappeared. Funny to see him back now. He must resurface whenever oil goes over $50.

I’m amazed by the number of lefties who get excited when oilmen endorse peak oil. They love the idea of peak oil - for them it means higher prices, looser regulations, and tax breaks. In that lovely Wall Street phrase, they’re talking their book.

Doug

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