The Case for Ignoring Dan Yergin on Oil Prices

Presented without further comment:

Cera h2

[via drgrist]

Comments

  1. Based on just that graph, Dan Yergin's opinions seem like a pretty good contrary indicator.

  2. DY doesn't believe in Peak Oil (it's not a belief and not arguable, therefore).

    Since there has always been plenty of crude, there will always be crude: human ingenuity and all that …

    It's not so much the failed predictions, rather the unwillingness to acknowledge what is taking place at the moment, right underfoot.