X-Message-Number: 25631
From: "Mark Plus" <>
Subject: A major libertarian figure acknowledges Peak Oil
Date: Wed, 26 Jan 2005 13:47:57 -0800

When a super-wealthy libertarian like Jim Rogers has to acknowledge the 
existence of Peak Oil, the denial game is over. Get to a North American 
location while you still can.

Manage your risk, not your terror.
Mark Plus

http://www.ameinfo.com/news/Detailed/52594.html

United Arab Emirates: Monday, January 24 - 2005 at 10:45

Another 10 years of high oil prices?

A new assessment of the supply and demand position for oil suggests that the 
outlook for high prices may be much stronger than previously thought.

Talk to traders about oil prices and they only look a few months ahead. But 
a new book from George Soros' former colleague Jim Rogers, 'Hot Commodities' 
points to a much more long-term outlook, and the news for oil is very good.

Roger's thesis is that oil supply has peaked and is now in decline around 
the world. He cites the evidence for and against, noting the Saudi 
Government's strong objections to this claim. But even his critics would 
have to admit that he makes a compelling argument.

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