{"id":385978,"date":"2016-11-04T09:31:25","date_gmt":"2016-11-04T13:31:25","guid":{"rendered":"https:\/\/goldtadise.com\/?p=385978"},"modified":"2016-11-04T09:37:17","modified_gmt":"2016-11-04T13:37:17","slug":"peak-oil-theory","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=385978","title":{"rendered":"Peak Oil Theory"},"content":{"rendered":"

I was wondering if anyone has followed St. Angelo’s peak oil theory. I know he had his little disagreement with Avi last week, but consider his latest report <\/a>on Exxon Mobil’s balance sheet. If this is a factual analysis of their financial condition, it doesn’t look very good for them unless the oil price goes a lot higher. But the thing is, his theory suggests that the oil price is actually going to fall over the next several years from current levels due to some reason; a reason I still cannot figure out even after reading his articles. It’s strange because he thinks PMs are going to skyrocket during this same period. He even thinks that 75% of the gas stations in the U.S. are going to close down over the next ten years. It sounds nuts, but it’s pretty interesting. If you have any thoughts about it, I’d appreciate hearing them.<\/p>\n","protected":false},"excerpt":{"rendered":"

I was wondering if anyone has followed St. Angelo’s peak oil theory. I know he had his little disagreement with Avi last week, but consider his latest report on Exxon Mobil’s balance sheet. If this is a factual analysis of … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2313,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-385978","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/385978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2313"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=385978"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/385978\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=385978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=385978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=385978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}