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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Bearcatbob who wrote (148474)3/29/2011 8:55:14 PM
From: kormac4 Recommendations  Read Replies (2) of 206326
 
Jacob and Bob,

Both of you take to task writers who make statements to gain a certain effect. But then you repeat different kind of errors.
It matters little if the asymptote is never reached.
It it the yearly decline which is important. The asymptote is zero by definition. So what the context? Oil will be abundant 10 years from now.....for $150/b....or higher. Abundant for whom.
It is abundant for the top 1 percent of the country, it
that relevant?

So what is it?

30 percent of the population cannot afford $80 oil
40 percent of the population cannot afford $120 oil
50 percent of the population cannot afford $200 oil
etc.

I clearly do not know what the actual percentages are, but
these are kind of numbers that ought to be part of the discussion, rather than the asymptote is never reached and oil abundant for some few.
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