A word about tipping points:
Plus, I cannot help myself. The alternative is my writing:
"Eventually, oil prices will matter far more than they have so to date. The intersection between
energy consumption and the economy has a non-linear dynamic to it. While
$40 and $50 and even $60 oil have not done significant damage to global
consumption, there will come a certain price that will. Eventually, high energy will be the straw that breaks
the global economy’s back, causing a worldwide slowdown or even recession."
Or, I can merely type that Oil hasn’t reached its tipping point yet.
I know it has rapidly become an over-used cliche, but it can be a terribly useful one.
To make it up to you, I hereby promise to refrain from using the phrase Blink under all but the most dire circumstances.
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.