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Politics : Foreign Affairs Discussion Group

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To: Jacob Snyder who wrote (158388)	2/23/2005 6:48:54 AM
From: Noel de Leon	Read Replies (1) of 281500

"Iranian oil isn't going to run out for a long time." There are a number of studies which indicate that oil production will peak soon(if not already) and that an oil crisis will set in around 2030-2040. That alone is reason enough to consider nuclear power. Couple that with projected increases in oil consumption in China and India during the next 20 years(around 60%). The question of decommissioning costs(highly undervalued in the 50s, 60s, and 70s but less so today) become less relevant if oil prices go through the roof. Bringing new oil fields on-line takes around 10 years and no new mega oil fields have been found during the past several decades. Those oil fields that are found are smaller and smaller. The Canadian Sands projects require new technology to get the oil but like all non-renewable energy sources will run out at some point. As to your remarks about an "Islamic Bomb", I hope that you are aware of the inflammatory nature of the remark. Would you call the Israeli bomb a Jewish Bomb? Or the Chinese bomb a Confucian Bomb? or the US, British and French bombs Christian bombs? Not forgetting the Russian bomb(a Russian Orthodox Bomb?).

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