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To: pater tenebrarum who wrote (39868)	2/11/2000 8:08:00 PM
From: RocketMan	Read Replies (1) \| Respond to of 99985

Thanks for those links, Heinz, they are very informative. I had some involvement with solar and ocean thermal energy conversion (OTEC) projects for DOE in the 70's and early 80s, and am not unfamiliar with the issue of declining world oil reserves and the need to promote conservation and alternative energy sources. As I'm sure you are aware, there were aggressive government initiatives back then to counter the oil embargo. Unfortunately, as is typical with federal programs, after the immediate crisis passed we reverted to SUV-in-every-garage policies. Having said that, I am also aware of how the oil industry (understandibly) has its own agenda, and how scientific conclusions that we are rapidly running out of oil are highly correlated with how much OPEC and the oil industry are feeling the financial pinch. Although I tend to agree with the facts presented (as in those articles) that global oil demand rate far exceeds existing supplies and new discoveries, I dislike the scare tactics used by certain factions, particularly during times of market turmoil. Whatever we may believe, and wherever the market may head, the fact remains that the earth will one day run out of oil (except in the unlikely case that oil really is renewable). This should not be an issue for bulls or bears, for liberals or conservatives, or for scientists or artists. It needs to be recognized and acted upon through fair, firm, and long-lasting governmental and industrial policies. Alas, we have no evidence to demonstrate that this is remotely possible.