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yet still the price of oil and liquids stays at historical highs, and goes down when the economy falters, and goes right back up when the economy strengthens - which appears to cause the economy to falter, again.
the so called "oil paradox" - if supply is sound, and EROI is not a factor, why does the economy falter when the barrel price jumps, as it has repeatedly since 2005?
and every little political squabble or storm sends the price up again.
and gas prices in the US were at a record high this past weekend, highest ever for a labor day.
for some reason reality is not going along with the approved storyline, which is that EROI doesn't matter, and depletion doesn't matter.
lets see what the future brings. we's all be happy if the republicans and the oil companies can bring back the cheap oil age.
why don't they? what's stopping them?
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