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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Jim Willie CB who wrote (38267)	9/15/2003 4:03:33 PM
From: Maurice Winn	Read Replies (2) of 74559

Jim, unfortunately for the "cover Death Valley in photovoltaic cells" plan, they are still too expensive. Oil remains the cheapest way of getting transport fuels. If the cost of King George II's armaments and military salaries are added to the cost of oil then the true oil price is actually significantly higher. But I suspect still not high enough to recommend a switch to photovoltaics [though BP would love such a switch]. We need an economist who could add the cost of military to the price of oil and see where that puts the situation; with some of that net present value stuff and discounted cash flowing thrown in for good measure. Maybe include some probabilistic wave functions for the cost of disruption due to civil war in the oil fields, or comet-induced tsunamis which would destroy all coastal facilities, which is where oil facilities are and photovoltaics aren't. If only we had such a person available. See bpsolar.com for photovoltaic technology. Mqurice

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