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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Maurice Winn who wrote (92367)7/16/2001 10:14:21 PM
From: rolatzi  Read Replies (3) of 95453
 
Agreed that fossil fuel will be replaced in the long run but not until it becomes prohibitively expensive
or environmentally undesirable. With regard to the population, we are only slowing down the rate of
increase we are not yet near a declining population. Furthermore, the rest of the world is aspiring to
consume at the levels of Western Europe and the US. In such case the per capita use of oil products
will continue to increase markedly over this century and indeed we will have increasingly more expensive
energy.
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