The Case for Ignoring Dan Yergin on Oil Prices

Presented without further comment:

Cera h2

[via drgrist]

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Comments

  1. Dev says:

    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.