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Politics : Formerly About Advanced Micro Devices
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To: Scumbria who wrote (124074)9/17/2000 1:56:26 PM
From: hmaly  Read Replies (3) of 1571805
 
OT OT OT

Scumbia Re...<<Frankly, I fully expect that with the ability to drill 12000 feet under water, we will find several Saudi Arabia sized fields in the oceans.

What is this based on? <<<< It is based on articles in Scientific American and Inventions and Technology on the ability of oil companies to drill from mobile platforms 12000 feet down. That plus the probability that since oceans cover 2/3 of earths surface, 2/3 of worlds oil fields lie under the oceans.

<<<It is ridiculous how we squander oil now. I lived in England 30 years ago, when very few people drove cars to work. The public transportation system was robust, and fully met the needs of most commuters.<<<

But, doesn't this statement show up the problems of public transportation. England, even with a robust public transportation system and high gas prices still lost out to the supposed convenience of the car. I wouldn't mind higher energy taxes on a gallon of gas, because we will pay the taxes anyway, and this would encourage alternate energy sources. A combination of Higher prices for hydrocarbons and scarcity of hydrocarbons will drive the push to alternate fuels, not scarcity alone as there are many sources of hydrocarbons at higher prices.
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