Oil Depletion Debate

Because petroleum has been so instrumental in the development of modern societies and because it is also a finite resource that will some day go into decline, supply needs will fall short of demand at some point. The main focus of this blog is on the arguments put forth by the pessimists. I believe geopolitics will play an equal part in causing a supply shortage before an absolute geological peak, governments will limit their oil production levels

The Sockdale Paradox

A change from the bookmarks I've been posting

THE BRUTAL FACTS
Turn on your audio to listen to this link The Sockdale Paradox

who was admiral James Stockdale?
http://ezinearticles.com/?Leadership-Attitude---The-Stockdale-Paradox&id=3819855
"James B. Stockdale was one of the highly respected Vice admiral in the history of United States Navy. He set a remarkable example and won many awards for his high levels of spirit, courage and endurance. He was also Vice Presidential candidate in 1992."

"Jim Collins included Stockdale philosophy as Stockdale Paradox in his renowned book 'Good to Great' as "confronting the brutal fact of the situation, yet at the same time, never give up hope."

"When interviewed by Jim Collins about Vietnamese Prisoner of War (POW) camp, Stockdale said "I never lost faith in the end of the story, I never doubted not only that I would get out, but also that I would prevail in the end and turn the experience into the defining event of my life, which, in retrospect, I would not trade."