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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (124275)9/19/2000 8:56:36 PM
From: TimF  Read Replies (3) of 1580249
 
OT

Why is it so hard to understand that the supply of oil is finite. You can speculate all you want but there is no alternative fuel source on the horizon. That we as a nation consume more then our pro rata share of oil.

The supply of oil on the earth is finite, but the known and usable supply increases as new discoveries are made and as the price gets higher (makeing marginal fields more attractive and exploration more rewarding). Eventually the marginal fields and new sources will run out too but that is not the reason for the current price increases and will not cause an criss any time soon. AS far as concumeing more that our "pro rata share" I couldn't care less.

Long term alterative energy sources will make sense as technology imprves and the price of oil goes up.

Tim
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