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Politics : American Presidential Politics and foreign affairs

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To: DuckTapeSunroof who wrote (47337)11/18/2010 7:09:33 PM
From: TimF  Read Replies (1) of 71588
 
As far as fossil fuels goes... the one thing about which I feel a high degree of confidence is that (mid-to-long-term) real costs will be ORDERS OF MAGNITUDE greater then today's cheap market prices.

"Orders of magnitude" is rather unspecific. Its sometimes even used just to mean "a lot more", but technically it should mean at least 100 times more (10 times being one order of magnitude, not orders of magnitude), and I was talking about real prices not nominal prices. I'd be surprised to live to see a real price increase that large.
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