T. Boone Pickens (BP Capital) has been talking about a permamently high plateau for oil, stating we will never see $32 oil again.
This is an issue that is likely not to go away anytime soon.
UPDATE: September 29, 2004 10:54pm
Whoops! Better add Slate to the mix . . .
Oil, the Next Stop and Its Impact
WSJ, September 29, 2004 2:40 p.m
Oil Hits $50 on Heavy Demand
Market Watch Today
Barron’s, WEDNESDAY, SEPTEMBER 29, 2004 2:03 p.m. EDT
Don’t blame Osama for high gas prices.
Slate, Wednesday, Sept. 29, 2004, at 3:40 PM PT
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.