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Posted Sun Feb 24 2008: from Market Oracle (UK):
A Very Alarming Picture in Energy Sector Peak Oil Trends http://apocadocs.com/s.pl?1203874860
"If you think that at the moment the world is consuming 30-plus billion barrels a year of oil and is finding seven or eight billion barrels a year, and this state of affairs has been going on now for 20 or more years... It's obviously unsustainable." ... Dr. Buckee says the cost of a barrel of oil could reach as high as $200 by the third or fourth quarters of this year, and that prices would have to get that high before it would have any particular impact on demand.
[Read more stories about: peak oil]

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The ApocaDocs say:
$200/barrel oil may be the last best hope for the atmosphere.

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