Preparing for the end of Cheap Energy

We all know it's coming, and there is likely no chance to stop it. Write your congressman and all that, but this blog is about SURVIVING through and THRIVING throughout the end of cheap energy. Let's toss in global warming, economic upheaval, and various other major calamities facing civilization.

Monday, October 09, 2006

More evidence peak has hit - TIME TO BUY OIL

Global production is down, which isn't surprising because of Nigeria, but I think what's interesting is that Saudi Arabia is down:

http://www.energybulletin.net/21208.html

As the author notes, this may be voluntary, but I don't think so - When oil prices were $70+ they were saying they were doing all they can to supply oil.

BUY OIL NOW!!! BUY OIL NOW!!! USO is at $54.29 today - Watch it rise to $60+ at some point within the next four months, probably by year end.