Peak Oil
No, you're right, it's not a part of the famous peak oil graph. I meant that the impact of peak oil on price is non-linear partly because the cost of extraction increases.
The market didn't factor it in before because the (spot) market is very myopic.
No, you're right, it's not a part of the famous peak oil graph. I meant that the impact of peak oil on price is non-linear partly because the cost of extraction increases.
The market didn't factor it in before because the (spot) market is very myopic.
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