Legal Eagle wrote: > OK, either "Peak Oil" is a myth in the realistic world or this "the supply > is ok, but it will cost" is a myth. They can't BOTH be right, or can they ? > > Luc
Hi Luc, You can easily meet all the oil demand of the world with the current supply infrastructure with no investments whatsoever. You just set the price accordingly. Say 100$, 1k$, 10k$; Or better yet with something more stable than the shaby dollar (or other currencies for that matter), lets say person-years of work. So like the 100barrel of oil for 1 person-year, and all of the sudden there will be not so many people, willing to pay that price..... "the supply is ok, but it will cost" is a myth or , rather a non-statement. the core question is: supply is OK for what? The obvious answer is supply is ok for demand, but "demand" is a function of the price. So the statement can be reduced to: "the demand is ok/satisfied (for the price at that year), but the price will be high" and further reduced to simple statement: "The price will be high" There is no escape from peak oil :D -- Tomas Juknevicius Senior Programmer _______________________________________________ Biofuel mailing list [EMAIL PROTECTED] http://wwia.org/mailman/listinfo.cgi/biofuel Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Biofuel archives at Infoarchive.net (searchable): http://infoarchive.net/sgroup/biofuel/
