Squawk Box
Peak Oil getting some love
If you are like me, you might have been a believer in Peak Oil but it was just an abstract idea. Now, it is finally becoming more and more of a reality.
I was watching Squawk Box today and I saw this interview.
Peak Oil is finally getting some attention. After I watched this interview, I called my good friend Marc Porlier (who is a fellow writer on this site) expressing my concern about oil prices. To give you a little bit of history, Marc used to work on Wall Street as analyst with J.P. Morgan and consulted with hedge funds in the financial capital of the world. In other words, Marc ain't a kook. He is a "call it like I see it, take no prisoners kind of a guy". In other words, he is loved by a few, but respected by everyone. The kind of guy you want next to you in a fox hole; my kind of a guy. Our conversation goes something like this:













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