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  • Oil: Supply and Demand? Hardly! [View article]
    >> "Globally, we are awash in oil." << Well, sort of...Other commenters above have noted that major oil fields are depleted and in decline. Others have also noted that new finds are more expensive and challenging to exploit.

    >> "The cost of fuel is the corner stone" >> of civilization as we in the Western world know it. And while we are an amazingly adept species at problem solving, we sometimes don't address the right problem. yes we can find and exploit more fossil fuels. For a limited time, because the resources are finite. They will NOT last forever.

    We would be wise to put out bucks behind converting to sustainable energy.Our children and their children would be thankful. But our corporate and political leaders ( ??there's a difference ??) seem to prefer to walk on the razor's edge of the supply/demand continuum.

    When the dollar index drops into the 40's, where will the money come from to build green energy ??
    Oct 31 10:12 am |Rating: +4 -1
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