Wednesday, February 03, 2010

Reminiscence...


Whatever happened to "Peak Oil"? I harken back to previous years where it seemed every well known pundit cited "peak oil" when crude was at $140 per barrel, and Investment Banks warned that it "could" hit $200.00?

2 comments:

The Arthurian said...

Funny how that works, huh?

A. said...

Yes. Memes create intellectual bubbles, where skepticism evaporates and credulity of any evidence in support of the meme is taken as face value.