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To: Seeker of Truth who wrote (32376)	9/27/2000 1:16:43 AM
From: willkm3	Read Replies (1) \| Respond to of 54805

You could be right. However, in the past I've thought that higher energy prices and / or the threat of OPEC having too much control over our economic future would bring new energy technology out of the woodwork. Then petroleum prices drift lower and we go right back to using distilled products more than ever and alternative energy initiatives wither away. I thought the report was very informative. I don't see information like Spare Capacity data and Reserve / Production Ratios printed every day. Maybe I don't get out enough. :o) willkm3@canhardlywaitforhydrogenpoweredcars.com

To: Seeker of Truth who wrote (32376)	9/27/2000 2:44:44 AM
From: BDR	Read Replies (1) \| Respond to of 54805

<<The real argument that energy prices won't get so high that a global economic crisis happens is because alternative technologies will rush in, hydrogenation of coal, nuclear energy in a revised, safer form, minor sources such as solar, waves, water power and wind, all added to the inevitable drop in energy costs of most operations as science and engineering advance and the economy gets newer and newer. Not to mention increased conservation, e.g. lighter cars, car pools, rapid public mass transportation etc. >> Many of the changes in response to high energy costs that you refer to may indeed happen but not in a meaningful time frame. "nuclear energy in a revised, safer form"- how long will that take to engineer? It could take a decade or more even if it was made a priority now, which it is not. And then how long will it take to sell it to the public? Will any form of nuclear energy ever be acceptable to the Greens and the Sierra Club? Not always grammatical but interesting: 20 Common misconceptions about the oil business... Message 14456351