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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: CommanderCricket who wrote (138466)7/30/2010 1:31:02 PM
From: Bearcatbob2 Recommendations  Read Replies (1) of 206328
 
"BTW - Simmons nailed the conventional NG declines but didn't see the impact of the shale gas."

I think history is replete with failures of prognosticators to foresee the impact of technology. People see the limits of what is - but fail to see the possibilities of what can be. Hence, wild dooms day scenarios are used to justify politically driven economic decisions that IMO are simply best left to the market place.

If we do not want to use gasoline - I say we should simply implement a tax on it that is instituted in stages over say a five year period of time. Then let the market place of science and innovation solve the problem. Mandates of this and mandates of that are simply very likely to be wrong and hugely wasteful.

Bob
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