Energy costs…

I came across this today

http://www.iht.com/articles/2008/07/13/business/coal.php

Which has interesting implications for the price of energy in general and oil in specific.  And then add that to the Economist’s retraction regarding Simmon’s writings in 2005.  It’s not often you see the Economist say they got something wrong.  But it’s so very glaring now-a-days that they kind of had to fess up to it.  I wonder how many other naysayers will do so in the relative near future?  Or how much anger the grandchildren will have at our generation for doing, effectively, nothing in the face of real data.

http://www.maxgladwell.com/2008/07/peak-oil-prophet-plans-for-apocalypse/

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~ by mud on July 13, 2008.

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