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Peak Oil and the Long Term
Asset Allocation Implications

June 17, 2008

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The situation with Peak Oil is like the movie The Perfect Storm.  A highly unlikely – but ultimately predictable – combination of events converges.  In the final scene, George Clooney’s character is desperately trying to save himself, his crew, and his boat in every way possible.  Ultimately, he fails.  But if the storm had been 5% or 10% less severe, he might have avoided being engulfed by the overpowering waves.  He didn’t give up.

 

 

Oil & Gas Production
Source: www.peakoil.ie


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