On Thu, 22 Nov 2007 07:14:35 GMT, Jere Lull wrote:

On 2007-11-21 20:39:15 -0500, Bruce in Bangkok said:

Of course, oil is finite and the day will come when it is no longer
available but I doubt that anyone knows with any certainty when that
will occur.

I agree and am personally working towards zero "oil" consumption (even
bio-oil that I currently consume), but reiterate that some sources of
"oil" will be available if, and only if, the cost of the raw materials
rises to a realistic value.

If "crude" rises to $200 per barrel, reserves will "expand" exponentially.


I think I mentioned that there are many fields that for one reason or
another were too expensive to produce at $60 dollar crude that are now
viable. When the price hits $200 then more fields will be opened up.

By the way, at the present it is probably impossible to be a zero oil
consumer since a very large portion of world crude production is used
in other then power production. Nearly all plastics and a great deal
of the fertilizer used are made from oil. I'm not 100% sure but I'd
guess that much of your boat is actually made from oil.


Bruce-in-Bangkok
(Note:remove underscores
from address for reply)