Oman tells the truth about the oil peak! What's next, an outbreak of flying pigs?

[GliderGuider]

From this Bloomberg article

Oil producers, including the Organization of Petroleum Exporting Countries, are powerless to stop prices from reaching $100 as few countries can produce more crude, Oman's energy minister said yesterday.

Oman's Mohammed bin Hamad al-Rumhy said he didn't know of one oil-producing country that isn't at maximum output.

Oy veh!

[phantom power]

1. A naive observer might think that would turn some heads.

Maybe it's some "new economy" thing.

[Old and In the Way]

2. What would a couple of trillion dollars bought us in alternative and renewable energy?

Too bad we let Big Oil steal the election in 2000. Instead of reinvesting in our infrastructure to create a post-peak oil economy, we dumped a trillion or so on an illegal/immoral war with Iraq to steal their reserves....and oil doubled in price.

[bullimiami]

3. bushco has virtually shut down iraqi production with its arrogant jackbooting.