Saturday, June 17, 2006

Peak Oil Passnotes: The Oil Wave Ripples

The Dow, the Nasdaq and the FTSE have all been centre stage. The rises, the dramatic falls, then the slight respite as we go to press. How the U.S. markets have seen 9% falls off of their heights. How it affects shareholders, business, investment. Everyone has been talking about it, the mass media have been all over it.

But here sits a primary problem of the way markets both act and are reported. All of which is centred around the reality of oil and energy and the way it is underreported on big networks and newspapers. Because if you watch, listen or read these news organs you might think that this problem was just something that affected the floor on Wall Street. But it is not so.

( Full story here )

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