Industrialized Cyclist Notepad


Ron Patterson Convinced that Peak oil is upon us now
December 23, 2015, 08:31
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Bottom line, I am more convinced than ever that 2015 will be the year world crude oil peaked.

Source: All Roads Lead To Peak Oil – Peak Oil BarrelPeak Oil Barrel

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Putin Unbroken as Oil Decline Continues
December 21, 2015, 10:14
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From Zerohedge.com:

In short, if John Kerry and Riyadh did in fact plan to bankrupt the Russians by tanking crude prices, the effort was a miserable failure that resulted not only in a 20% fiscal deficit for the Saudis, but the destruction of American jobs in the oil patch.

Source: “I Know Of No One Who Predicted This”: Russian Oil Production Hits Record As Saudi Gambit Fails | Zero Hedge