Clarke’s fallacy
In an epoch when financial pundits insist that manipulating the arcane symbols we call “money” can materialize petroleum in the bowels of the Earth, and a sizable fraction of Americans seem to think that chanting “Drill baby drill” as a mantra can accomplish the same improbable feat, it’s probably past time to discuss the interface between magic and peak oil. The Archdruid plunges in where rationalists fear to tread, with one word of caution–that word “magic” may not mean what you think it means.