Politics of Energy Message Board

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Politics : Politics of Energy

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To: Jorj X Mckie who wrote (23862)	10/19/2010 9:58:08 PM
From: Eric	Read Replies (2) of 86355

Jorj Respectively The rate of subduction in most areas is a couple inches or so a year. In most places much, much less. Off the coast here it gets burned up as it goes about 50 miles plus down. Oil can't exist at a couple thousand degrees F! Sadly the problem for oil extraction in deep water is the costs to drill. The vast majority of small reservoirs will not be extracted do to ever increasing drilling costs. Now if we had an infinite source of money to spend per bbl for oil... You get the drift. In the end geologists predict that the vast majority of resources will be left in the ground because of "extraction costs". That applies to all elements. Will you spend $20 for a gallon of gas? 2025 my wild guess.... I'd love to be a "fly on the wall" in a hundred years to see what actually transpires. Good evening!

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