Home |
Search |
Today's Posts |
#9
![]()
posted to rec.boats
|
|||
|
|||
![]() RCE wrote: Again, stolen from another NG, the following is a portion of an article published in the "Economist". It seems to refute some of the Peak Oil doom and gloom arguments. --------------------------------------------------------------------------- There was an article in the latest Economist about this. Here's a little of it: As oil production slows, prices will rise up and down the futures curve, stimulating new technology and conservation. We might be running low on $20 oil, but for $60 we have adequate oil supplies for decades to come." ---------------- $60/bbl for "decades to come"? How far from the wastebasket does one need to stand to score 3 points with a paper wad? |