By Chuck Butler
About 10 years ago, the phrase that was getting more air play than a song from the Beatles in the day, was Peak Oil…
The geologists and analysts all over the world were talking about how the oil fields of the Middle East, were drying up, and that Brazil’s offshore findings were getting more difficult to find as we went along. They gave statistics, and showed charts of the oil fields, and tried to make their point that Peak Oil was here, and that buying oil on contracts was the way to profit from this dwindling commodity.