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 Gold/Mining/Energy : Peak Oil - Not If but When

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From: veritas5014/15/2011 9:20:51 PM
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Some excellent slides (thanks to the Oil Drum):

All the American and British international oil companies are in decline:

gailtheactuary.files.wordpress.com 

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Despite spending over $2 trillion on oil exploration & production from 2005 to 2010, oil production declined:

gailtheactuary.files.wordpress.com 

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Chart shows the correlation between oil prices and recession:

gailtheactuary.files.wordpress.com 

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Saudi Arabian stock market collapsed in early 2006:

tradingeconomics.com 
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