Do you know what is peak oil about? Do you have an investment based on the believe that peak oil is going to happen or happening now? If peak oil is true, then our standard of living is going to drop. We will have less money allocated for entertainment. We will have to spend a larger portion of our income on food and transport. Inflation will be high. Economic growth will become weak.
Poll: Tell me whether you believe in peak oil or not. Please vote on the left panel of this blog.