"The oil, she's like a girlfriend, leave her before she leaves you"
You gotta love the French attitude to peak oil. Here's the full quote, from the head of economic studies at the IEA, based in Paris:
"Le pétrole, c'est comme une petite amie, vous savez depuis le début de votre relation qu'elle vous quittera un jour. Pour qu'elle ne vous brise pas le coeur, mieux vaut la quitter avant qu'elle ne vous quitte." (Le Monde)
In other peak news, OPEC is considering dumping quotas entirely, and telling its members to just max production out. That's so symbolic of a total loss of control that I can't believe they'd do it, rather than just raising quotas to some unachievable level, but to even talk about it publically seems like a severe signal. I guess they feel pressure from the American consumer to appear to do something.
(Props
TheWatt on both.)
Posted by TFox at
10:24 AM