A question I asked 'over there' in the form of a poll;
Is the City peak oil aware?
Results of the poll suggest the majority believe the City either isn't, or is only partially, aware of 'peak oil' or the 'end of easy oil'. This despite the stated views of many official bodies and oil majors regarding access difficulties and costs going forward. Not to mention the overall production profile and price action of the last few years. My own view fwiw is that the City, or certainly that part of it trading oil stocks, IS now broadly aware of the evolving supply situation and the likely consequence for prices.
I was hoping the poll would stimulate a bit of discussion but so far this has not been limited. Hence repeating the question on here where most of the potentially interested parties now seem to reside.
