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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: energyplay who wrote (67225)8/11/2005 9:02:03 AM
From: Moominoid   of 74559
 
For fun, Let's speculate about what could happen at $750 a bbl. -

Also massive switching to coal and synfuels from coal and to a lesser extent Nat Gas, because its supply is probably more constrained. LPG vehicles, electric vehicles. All these take a investment time lag, so before they get really online lots of new oil exploration, and very bad recession as both transport and agriculture get a lot more expensive.
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