furthermore I have never had time for dooomers and...

  1. 14,931 Posts.
    furthermore I have never had time for dooomers and gloomers.
    remember when all the oil bears came out years ago saying we are reaching peak oil and the world will go through panic and mayhem as we approach the drying up of all the worlds oil well etc etc......and look what has happened...the complete opposite. By 2013 we should have been bone dry out of oil, yet the world is awash with oil. The Californian oil fields have now been found to have far more reserves than was ever thought. In fact, now they say there is enough oil there to feed world oil supplies another 200 plus years and by next year they will exceed OPEC output. The Us is no longer reliant on anyone for its oil supply. Keep in mind this doesn't even take into account all the worlds shale oil reserves and the technologies that exist in extracting the same, and all the future discoveries that are still to be made.

    This will transform the entire worlds financial systems and we have hundreds of years at least of upward moving financial prosperity. Stand back folks as we live in interesting times...
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.