Re: OT - Supply side increase in oil - not likely



Alan Browne wrote:
It is not, perhaps, necessary to cut our use of oil, but it is essential
that we cut the rate of increase at which we consume it. To do otherwise
is to leave our descendants in an impoverished world.

Evar D. Nering is professor emeritus of
Two things.
1. Reduction is just not going to happen.
2. Suppose the supply is growing through exploration or does grow when the obstacles are removed? Your POSSIBLY unwarranted assumtion of some stable supply if wrong negates the whole calculation.

Obiously up to now it has been growing or your calculations would say we should already have exhausted the resource.

The point is that nobody really knows.

I do agree we must find new different resources to be safe but a prediction of when or if we will exhaust our oil is just an unwarrented guess at best and scare tactics at worst.
--
Gil W0MN Yanoff +, the PDA reader
Creed en las obras y no en las palabras
.



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