I'm Going to Peak Oil Land!

Interesting piece about peak oil and Disney:
"Several months ago, I used this space to muse about "peak oil," a phenomenon of the world starting to run out of petroleum and the effect on prices in general and Disney World in particular. Disney had commissioned a study, and if oil stays above $160/barrel, Disney was advised to sell off the WDW parks and just collect a licensing fee. The parks would still eke out a profit, but not as much of a profit margin as Disney wants and the parks would be a drag on the company's bottom line."

More here...

Oil today: about $135 a barrel.