Peter von Pinnon wrote:

PVP> http://www.lifeaftertheoilcrash.net/ [..]
PVP> I'm confident that the price [of oil] is going
PVP> up over the next several years.

Before you invest too much in oil (or any other commodity), you should read
Chapter 11 of Julian Simon's _Ultimate Resource_ (1996), still available
online at
http://web.archive.org/web/20030812131739/http://www.juliansimon.com/writing
s/Ultimate_Resource/
(or http://tinyurl.com/53chq). (For a more recent treatment, see Ch. 11 of
_The Skeptical Environmentalist_, but that's not online.)

Leftist eco-doomsayer Paul Ehrlich famously lost a 10-year bet with Simon
over the price of a basket of five commodities chosen by Ehrlich:
http://www.overpopulation.com/faq/People/julian_simon.html.

The bet was about $1000 worth of commodities, so Ehrlich's loss was only
$576. Your losses may vary, but in the long run you _will_ lose.