PEAK OIL - The New Y2K or The Beginning of the Real End? Message Board

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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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To: kryptonic6 who wrote (318)	4/13/2005 9:41:38 PM
From: Mahatmabenfoo	Read Replies (2) of 1183

> Fuel costs 'will push airlines to financial disaster' Very believable. Also believable that airlines will be the first casualty of the peak. Air travel will soon be for the very wealthy, and military only. And like a lot of other aspects of the peak problem, there IS a theoretical alternative. Hydrogen makes a lousy aviation fuel, but it has been tried (experiments go back to at least the 1950s) and would be worth trying again -- if anyone cared enough to find a source of hydrogen that doesn't deplete fossil fuels. To me this is another mystery of the peak. The airline industries collapse will take a lot of other companies with it: - hotels - Disneyland - Boeing, Airbus all of which accordingly have an incentive to prepare for the day. So where are they? If as I predict peak oil makes them the first to crash, they're going to take a lot of other businesses with them. - Charles

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