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can't agree

2 years in a row of declining production will cause us to jump over the $100/bbl level.  The great unwashed will react to price jumps that don't abate.  then the education process will be able to drill through Survivor part 102 or whatever the soft porn of the day is on TV.

Won't take 5-7 years of brutal prices before folks get it.

by HiD on Mon Oct 2nd, 2006 at 04:57:42 AM EST
[ Parent ]
I'm more cynical that you - I agree that consumers will react to $100/bbl oil, and perhaps even in ways we want, but I think the disinformation (blaming oil companies and/or politics) will work for a long time when consumers are so addicted to oil and will do anything to get it.

you are the media you consume.

by MillMan (millguy at gmail) on Mon Oct 2nd, 2006 at 01:24:53 PM EST
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