Kerry O'Brien did an interview with an global oil expert by the name of Richard Heinberg.

The program web page is here. You can go to the video or read the transcript of the interview there.

This is something really important to watch or read. This guy talks really convincingly about what the near future for the world is. He argues extremely succinctly about how global oil supply is what it is all about and if there really was enough supply the speculation would not be there. So we can expect volatility and high prices.

That means a total rethink of all global logistics including transportation, the way that we grow food, and the fundamental way that we operate in society.

If as Richard Heinberg suggests we need to build transportation around electricity, it is going to mean massive opportunity to those who plan to be in areas of business that provide into that kind of infrastructure.

Watch the interview - it is extremely important!