[Marxism] Peaking

rrubinelli rrubinelli at earthlink.net
Mon Jan 23 20:21:35 MST 2006


Actually, I am really not looking to bait Jon Flanders or any other
admirer of Hubbert's peak oil theories-- but all might want to examine
the cash-flow, investment, profit analysis presented by the Mckinsey
group regarding the oil industry:
http://www.mckinseyquarterly.com/article_page.aspx?ar=1724&L2=3&L3=49&srid=17&gp=0

Then draw your own conclusions about whether the peak is in reserves,
expenditures, rates of return, overproduction.

rr





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