June 9, 2026

New Peak Oil Assessment – Not Good

  Cheap oil was, arguably, the most important driver of prosperity in the industrial world during the 20th century. Expensive energy is one, but not the only significant driver of the economic Mode Shift occuring in the 21st.  Today, just in time for gas prices here in Benzie County to edge close to $3.00 again, and with news of $90 a barrel oil this week, comes the latest independent assessment of global oil stocks. The conclusion that the …

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