Billionaire Richard Rainwater Concurs with Peak Oil Assessment

James Wesley Rawles December 17, 2005 December 17, 2005

An interesting piece recently ran in Fortune magazine, regarding billionaire Richard Rainwater’s views’ on Peak Oil. (The “Hubbert’s Peak” in global oil production, expected sometime in the next few years or perhaps 20 years, or perhaps 100 years, depending on who you talk to.) See: http://www.fortune.com/fortune/investing/articles/0,15114,1139979-4,00.html SurvivalBlog reader Chuck, who first mentioned the Fortune article to me commented: “I had the opportunity to review several of Richard Rainwater’s oil deals while at Mitchell Energy. His projects were always well conceived and forward-looking.”

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James Wesley, Rawles (JWR) is Founder and Senior Editor of SurvivalBlog, the original prepping /survival blog for when the Schumer Hits The Fan (SHTF). He began SurvivalBlog in 2005. It now reaches more than 320,000 unique visitors weekly.
JWR is a journalist, technical writer, and novelist. His survivalist novel Patriots: Surviving the Coming Collapse, is a modern classic that reached #3 on the New York Times bestsellers list. Two of his other novels have also been best New York Times bestsellers.
Jim is the originator of the American Redoubt movement and a frequent talk show and podcast guest. He is also a retreat consultant specializing in off-grid living, rural relocation, and survival preparedness.

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