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Edwardian summer

 
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fishertrop



Joined: 24 Nov 2005
Posts: 859
Location: Sheffield

PostPosted: Thu Aug 18, 2005 12:07 pm    Post subject: Edwardian summer Reply with quote

http://www.guardian.co.uk/Columnists/Column/0,5673,1551378,00.html

Larry Elliott is the Guardian's economics editor

Quote:

Finally, there's the question of what rising oil prices tell us. The emergence of China and India means global demand for crude is likely to remain high at a time when many experts say production is about to top out. If supply constraints start to bite, any declines in the price are likely to be short-term cyclical affairs punctuating a long upward trend. In those circumstances it would be the height of folly to assume that there will be no economic consequences or that there will not be an intense - perhaps even bloody - struggle for the resource that more than any other has shaped the modern world.
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isenhand



Joined: 24 Nov 2005
Posts: 1296
Location: Sweden

PostPosted: Thu Aug 18, 2005 12:47 pm    Post subject: Reply with quote

Who woke him up Question
_________________
The only future we have is the one we make!

Technocracy:
http://en.technocracynet.eu

http://www.lulu.com/technocracy

http://www.technocracy.tk/
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grinu



Joined: 24 Nov 2005
Posts: 612

PostPosted: Thu Aug 18, 2005 10:22 pm    Post subject: Reply with quote

The Guardian seem to have been quite good at highlighting oil issues (for mainstream media), although they've also had a few optimistic corkers....
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JLefrere



Joined: 24 Nov 2005
Posts: 42
Location: Milton Keynes, UK

PostPosted: Tue Aug 23, 2005 12:03 am    Post subject: Reply with quote

I read this earlier, very encouraging to see. Notice it wasn't 'peaked' but 'topped-out' Smile
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