The other day I indulged in one of my favorite hobbies: Chauncey Gardiner-esque musings on oil and geopolitics. Even more auto-delightfully, I used the word "fungible" a bunch.

Well, over at The Oil Drum, Yankee linked to said musings and kicked off a comment thread that ended up containing all sorts of fascinating reflections, some more related to what I actually said than others. Definitely worth a peruse. The thread is capped by this magisterial pronouncement from TOD proprietor Dave (no relation):

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Stories like this don’t tell themselves.

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All these considerations are inter-related. This question has so many independent variables in it that no meaningful prediction or opinion can really be expressed.

Ha ha, but you can’t stop me, Dave! I have a blog!

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