Friday, Nov 09, 2007
These thresholds are not only psychological, they cause mainstream awareness.
BBC News: £1 per Litre Petrol Drives Peak Oil on Mainstream TV
On Wednesday 7th November 2007 the mainstream 10:30pm ITV news in the UK discusses the "peak oil" documentary Crude Awakening, hears the IEA warning of much higher oil prices, shows how many countries have already peaked and speaks to David Strahan (lastoilshock.com). This and passing the $100/barrel oil price will turn focus on peak oil and inflation and put huge pressure on central banks to increase interest rates, putting further pressure on asset classes such as houses.
Posted by planning4acrash @ 12:59 AM (215 views) Add Comment
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