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ACP ACP is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 96
Default Gasoline prices - another record high


"JoeSpareBedroom" wrote in message
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"ACP" wrote in message
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snip

Yeah, all that BS about the Hubbert peak is just libby-rull
psycho-babble, huh? The Earth has enough oil to last forever, no matter
how much we use!


snip

DSK



Mentioning "peak oil" around here will likely fall on deaf ears. Anyone
who is open minded and hasn't already read about it should google "peak
oil" and see what it's all about.

Scary stuff.


The literal peak (whether the oil's actually there or not) may end up not
being as much an issue as whether sane people are prepared to see more and
more places put at risk in order to obtain that oil.


"[T]here is a different and more fundamental cost that is independent of the
monetary price. That is the energy cost of exploration and production. So
long as oil is used as a source of energy, when the energy cost of
recovering a barrel of oil becomes greater than the energy content of the
oil, production will cease no matter what the monetary price may be."

That was Dr. M. King Hubert in response to David Nissen of Exxon.

http://www.hubbertpeak.com/hubbert/