I am told that unofficially and off the record, Chris Robertson and the people at Peak Sun Silicon think so too.

http://bizarrocomic.blogspot.com/

I think the Peak Oil People are wrong. I think Oil Speculation has DOUBLED the price of oil. The Saudi’s claim that they believe oil is worth 70$$ a barrel. The real question is who tried to corner the Oil Market and Why? The second question is like the┬áHunt Brothers before them (in silver) when will they go to jail?

A bigger question is will the Saudi’s give the money back that they made as a result? Unfortunately they may have screwed the pooch because people are switching to mass transit and scooters.


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