Wednesday, May 04, 2011

Quote of the Day..

The price of oil has gone up fourteen-fold since 2000.The price of coal is up five times over a similar period, as is uranium. It is not so much that we are at ‘‘peak oil’’ ,we are at ‘‘peak everything’’, and the prices of all energies will continue to skyrocket. Sure there’s an element of speculation driving prices, but what is really behind this is that the only thing that isn’t scarce these days is us – humans. The world’s population is rising at 80 million per year.
David McWilliams

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