Fascinating comment on Kevin Drum's blog:

"The whole Hillary campaign just reminds me a certain type of chess player. When they are overmatched and lose a major piece, like their Queen, they keep playing on and on and on in a slow death march that ends with their being checkmated. Even though the outcome is never in doubt, they keep on, with the hope that their opponent will accidently leave their Queen exposed or even worse, their King.

I used to hate those types of players. Still do."

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Ah-ha!	10:33 pm

"The rise and fall of oil production is asymmetrical."

Ah. Revealed at last, why Kunstler thinks a novel is "credible" when it shows people living at 1830's levels in about fifteen years from now.

As may be... Colin Campbell, the founder of the Association for the Study of Peak Oil & Gas disagrees with him. Kenneth Deffeyes, geologist at Princeton and author of "Hubbert's Peak," disagrees with him. Hubbert himself, the original exponent of the peak oil theory, disagrees with him.

Peak plus 15 years should see global production at Peak minus 15 years' levels. Remember the great oil shortages of 1992, and the famine and death of industrialism that followed? No?

Me neither.

And that's before we get into, if we're "sleepwalking into the future," then OPEC is sleepwalking right along with us, given that they've become increasingly insistent in asking for guarantees of demand, and no replay of the glut of the 1980's caused by conservation.

UPDATE: Note this fairly detailed discussion at The Oil Drum (a site recommended by Kunstler in the past), titled, "Hubbert Theory says Peak is Slow Squeeze."

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