Arthur Berman: "Peak Oil - The Hedonic Adjustment"
The Great Simplification with Nate Hagens
00:00
The Bottom Line Is That Oil Ain't What It Used to Be
Oil ain't what it used to be. We don't get as much energy out of oil today as we did a few decades ago back when, you know, I was still 20 years into my career in the mid 90s. And so with those big impressive numbers that people use all the time to say, Oh, peak oil, that was just a bunch of alarmists. You know, those guys didn't know what they were talking about. They're clearly wrong.
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