As I began to mention at the end of the first part of this three-parter, I've only just recently come to the conclusion that oil prices aren't going to have a tendency to rise due to the tightening of supply imposed by peak oil, but to depreciate. This of course flies in the face of the common logic of supply and demand, but when factoring in the method by which the majority of our money is created, a deflationary effect can be seen to come into play. This has taken me an absurdly long time to clue into, for although

If the ongoing crash of oil prices over the past year – and now the stock market crashes of last week – have continuously taught me one thing, that would be that I've got very little clue regarding the economic implications of peak oil. To explain this I'll have to take a circuitous, roundabout route here, but if you've been as afflicted as I've been then you might find the following a bit illuminating.

For starters, even though I learned about peak oil in 2005, fractional-reserve banking in 2006, and pretty much instantly proceeded to put two and two together, I still

Having recently started this From Filmers to Farmers blog, one which quite often brings up the topic of peak oil, I was recently confronted with a question that I had unintentionally been avoiding for some time: Do I envision a fast collapse or a slow collapse?

In case you aren't aware of the context here, the "collapse" being referred to is in regards to the collapse of industrial civilization, that itself being due to declining energy supplies and other resources. "Slow collapse" being in the range of decades or centuries, with "fast collapse" being in the range of decades or

I'll admit that I was completely caught off guard by the recent (and ongoing?) crash in oil prices. It'd be a stretch to say I'm embarrassed by my lack of foresight, although perhaps "dumb-ass" would be a bit deserving.

I would say I'm well enough versed with the reality of peak oil: I've read perhaps a couple dozen books on the topic, poured through several of the peak oil blogs (upon deciding to end my 5-year Internet hiatus a year ago), have seen several talks given by authors and writers on the topic, and I've attended two Age of Limits

According to an Associated Press article,

Fish don't know they're living in water, nor do they stop to wonder where the water came from. Humans? Not much better, as we share a world engulfed by television. And the deeper our immersion becomes, the less likely it seems we'll poke our heads above the surface and see there must have been life before someone invented TV.

Those are the opening words to the article "The Forgotten Edison of Television" which recounts the little known history of the television and its inventor Philo Farnsworth. Far from being a household name like a