SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : THE SLIGHTLY MODERATED BOXING RING
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lane3 who wrote (8620)4/12/2002 5:15:05 PM
From: TimF   of 21057
 
The market would just gobble up every last blade or grass or every fish until none were left.

Fish yes, but demand for oil will go down a lot as it becomes more scarce and a lot more expensive. At perhaps two to four times today's price for oil a lot of oil alternatives become economical and as long as the government does not subsidize oil we will start to use them. Eventually the non-renewable supplies of these alternatives will also run out but they should last a lot longer then oil.

It is important however to not have the government subsidize the current energy sources when they become expensive. The pain of the expense makes people change (new sources, conservation ect.). Take away the price signals and you do get real shortages.

Tim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News