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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (383)	8/11/2005 11:21:19 PM
From: TheSlowLane	of 50645

"While Matt Simmons ratchets up the Cassandra level - predicting a 10-15 fold increase in Oil Prices and the basic Economic Collapse of the Modern World" Actually he said 5-10X, if demand outstrips supply by 2-5MM barrels a day. Where did he predict the "Economic Collapse of the Modern World"? I just read his book and did not find that in there. He claims to be an optimist but thinks that high oil prices are actually necessary to spur the development of technologies that we will ultimately need anyway. Finally, the 200 SPE papers that he analyzed, the ones that were published with consent of ARAMCO...were those all wrong too? I am all for dissenting opinions, but it is more useful if they are informed and are not based on misrepresentations of the opposing view.

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