May 2008

Columns

HPIn Europe: New fundamental is money flow—mantra is peak theory

Could it be that a financially talented cadre managing fantastic swathes of wealth has not only "bought" peak oil theory, but has been investing massively in what amounts to a classic bull market sque..

Wright, Tim L., Hydrocarbon Processing Staff

Could it be that a financially talented cadre managing fantastic swathes of wealth has not only "bought" peak oil theory, but has been investing massively in what amounts to a classic bull market squeeze? Starting back in those $10/barrel days of the late '90s with a soft-spoken and amiable financial guru, could peak theory in fact be the meta-narrative that brought us to $100 and beyond.  And is a vast flow of sovereign and private capital the missing fundamental that has been confounding analysts? In early autumn 2000, the glamour of a film crew from the BBC's flagship current affairs series, "Panorama," came to the rather dull, cubicled offices in London of a downstream news public

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