First They Ignore You . . . Or the Wall Street Journal Confronts Peak Oil.

“First they ignore you, then they laugh at you, then they fight you, then you win.”
–Gandhi

Yesterday, the Wall Street Journal carried a story on it’s front page entitled: “Oil Officials See Limit Looming on Production” which reported that

“a growing number of oil industry chieftains are endorsing an idea long deemed fringe: The world is approaching a practical limit to the number of barrels of crude oil that can be pumped every day.”