Peakniks make the front page of the WSJ

Today’s WSJ has a cover story on a middle school teacher in Michigan who is preparing his family for the end of easy oil. Unlike many of the previous end of the world zealots who are forecasting world doom from some cataclysmic (usually religious inspired) event, people concerned about oil depletion come from all backgrounds and base their fears on facing the facts of life today. Oil is running out. The question is when. The other question is will our companies and governments tell us the truth or wait till it is too late? My guess is they wait. They have already done largely nothing as the price of oil went up 75% last year. Where is that money being spent? Oh yea the sovereign wealth funds are buying up American banks and companies with the oil dollars we just shipped them. If American’s don’t wake up and start innovating our way to real alternatives, in a few short years it will all be over.