People thought he was a nut job. Actually, he kind of seemed like a nut job. But he was right. And intercut between some hilarious old films about how great oil is for civilization, a bunch of old guys with chicken necks and pretty good credentials lay out some pretty disturbing facts. The two most disturbing facts are that oil production is very unlikely to ever increase significantly ever again, and that demand will grow by almost an order of magnitude over the next 20 years. Oh, the third disturbing thing is that the old film strips are right -- practically everything in our modern civilization is built on the assumption that oil is plentiful and cheap.
So, great. I'm not convinced that it's time to cash out, but I may start building some shelves for the canned goods.
Happy New Year!
* This group includes liberals, environmentalists, vegetarians, anyone who wears sandals, democrats, socialists, gays, muslims, people from New England and the poor.