Hello David

>Keith,
>I've recently joined this list

Welcome.

>and I will peruse the archives.

A lot of people spend a lot of time there. On this subject, you might 
start with these:

http://www.mail-archive.com/biofuel@sustainablelists.org/msg00166.html
[biofuel] Re: oil reserves
9 Apr 2000

http://www.mail-archive.com/biofuel@sustainablelists.org/msg00599.html
[biofuel] oil prices
29 Sep 2000

Try a search for Matt Simmons:
http://snipurl.com/jgi7
Search results for 'Simmons'

Or for Michael T Klare:
http://snipurl.com/hkon
Search results for 'Klare'

Or whatever grabs you, it's easy to pick up the threads (the whole 
thread is linked at the end of the page).

>I should have
>referenced the $25 barrel at today's dollar value. At $5/Gal (present value)
>we will be ripping up strip malls to plant rape seed.fields.

Fair exchange I guess. Depends what kind of rapeseed fields, 
agribusiness monocrops? The NBB wouldn't like that though, but Big 
Oil probably wouldn't mind much.

Previous responses:

> > I suspect with the projected prices and profits that they will 
>not need new refineries. When fuel hits $5 as I suspect it will most 
>of us wont take motor vacations etc. Carpooling will be back in 
>vogue and SUVs will be hybrids. <
>
>I'm already paying nearlly 8 dollars a UK gallon for diesel, people 
>are addicted to their cars. Car use still increases here in the UK 
>even as the price of fuel keeps going up.   Chris.

It's $5 a gallon in Japan now, but it's three years since I paid for 
fuel. We only use a couple of hundred gallons a year anyway.

Have you read this?
"How much fuel can we grow? How much land will it take?"
http://journeytoforever.org/biofuel.html#howmuch

>Looking forward to talking to you again.

Same.

Best

Keith


>David Sikes
>----- Original Message -----
>From: "Keith Addison" <[EMAIL PROTECTED]>
>To: <biofuel@sustainablelists.org>
>Sent: Tuesday, June 13, 2006 5:14 AM
>Subject: Re: [Biofuel] No New Refineries
>
>
> > Hello David
> >
> > >Building new refiniries will not reduce the price of crude. It is based
>on
> > >global demand. The Chinese and Indians are rapidly moving from bicycles
>to
> > >automobiles. This is why the price of crude is $70+ for a barrel.
> >
> > One reason.
> >
> > >And this
> > >is why bio based feedstocks for fuel are going to become economically
> > >viable, irrespective of environmental concerns/benefits.
> >
> > One reason, again, there are others.
> >
> > >If crude were at $25/barrel we would not be having this conversation.
> >
> > We were having this conversation when oil was $25 a barrel, and less,
> > and saying, along with the OECD, and many American list members, that
> > US fuel prices were way too cheap and the sooner it hit $5 a gallon
> > the better.
> >
> > You should spend some time browsing the list archives.
> >
> > Best
> >
> > Keith
> >
> >
> > >David
> > >----- Original Message -----
> > >From: "Doug Younker" <[EMAIL PROTECTED]>
> > >To: <biofuel@sustainablelists.org>
> > >Sent: Sunday, June 11, 2006 5:33 PM
> > >Subject: Re: [Biofuel] No New Refineries
> > >
> > >
> > > > This is one of those times I smell a rat, but can't find/prove it.  In
> > > > regards to environmental requirements, in the industry previously
> > > > claimed the costs where too high and the consumer wouldn't pay the
> > > > price.  Here we are now:  No refineries where not built and the
>consumer
> > > > is paying unprecedented prices that result in higher profits for the
> > > > industry.  Chances are the industry will be allowed to build new
> > > > refineries that don't meet the stricter environmental require,
>pocketing
> > > > the savings.  The cynic in me has to feel that in no way, even with
> > > > relaxed environmental regulations, will the industry build capacity to
> > > > significantly increase supply.  Oh well...
> > > > Doug, N0LKK
> > > > Kansas USA
> > > >
> > > > Keith Addison wrote:
> > > > > http://www.tompaine.com/articles/2006/06/06/no_new_refineries.php
> > > > >
> > > > > No New Refineries
> > > > >
> > > > > Frank O'Donnell


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