RON PAUL and PEAK OIL - Do you think Libertarianism could fight against a Peak Oil crisis?

Ron Paul: "And then there is all the talk about "peak oil." I don't worry about peak oil as much as I do about geopolitics and inflation. If we had sound money, and if we were not provoking wars and oil supplies, and if peak oil all of a sudden not only arrived but the supply was decreasing much faster than we ever dreamed of, I wouldn't even worry about it, because I have such confidence that the price mechanism in the free market helps us decide what to do. If we had a truly free market and gasoline prices go to $5 per gallon, all of a sudden ethanol may be the answer. The last thing we want is the government to be doing this. If we let the markets handle this , we should never worry. We don't need to worry so much about a limited supply as much as how we mess things up after that with inflation and regulation and radical environmentalism and geopolitical intervention. That is where the real problems are."

[link to www.321gold.com]

Do you agree with RP's analysis on this issue?

I am not a Peak Oil advocate or an unlimited Oil fan, I recognize that I simply don't know how much oil can we continue to pump out of the ground. So I would love to listen your views about this issue - and that's because I trust more Ron Paul than any other politician (In Spain or in the U.S.) Do you think he is right?