YBUL

Don't Believe Long-Term Oil Forecasts

As agriculture uses 25% of all oil in production and it is not profitable in its current form, we will see a movement back to regional food models. Based upon pastoral agriculture methods both reducing ags demand on oil and natural gas (for fertilizer) consumption.

Demand will fall if prices stay high, wether that is a result of inability to extract more oil or something else. We can use windmills to split water, use the hydrogen in conjunction with carbon, using solar concentration to raise the temps of the environment to use the fisher tropsche process to make oil.