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tahir
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fonant
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tahir
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portwayfarm
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Posted: Tue Jul 19, 05 10:29 am Post subject: |
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Blue Peter wrote: |
tahir wrote: |
fonant wrote: |
I'm just hoping the oil will get too expensive (and "run out") before it's too late... |
It'd definitely be interesting. |
Oil won't "run out", however, it's very likely that it will get more expensive (as it has been doing this summer). Basically, demand will outstrip supply, and not just current practical supply, but possible supply. Once that happens (allowing for a few ups and downs), we are in a whole new ball game, and I don't think that it will be interesting,
Peter. |
One dangerous possibility is that oil supply will run out in the high demand countries (US / europe) leaving available supplies in those areas which are popularly and euphamistically called 'unstable' (middle east, etc.) At which point things get 'interesting' if viable alternatives are not available. |
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