Wednesday, December 5, 2007

Duh!!

Front page of the WSJ today has a blurb about airlines being unable to grow in 2008.

A couple of weeks ago it was the U.S. automobile manufacturers.

6 months ago it was banking.

Last year it was housing.

Exactly how do you sell more houses, cars, and airline seats if your total supply of oil is falling?

Which industry is next? I am not sure but I have some candidates:

Trucking, Shipping & Overnight Delivery
Travel & Leisure
Hotel & Hospitality
Retail

What else would the beginning stages of peak oil in the U.S. look like?

Nothing. This is exactly what it would look like. It is what it is.


Mentatt (at) yahoo (d0t) com

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