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Pastimes : The California Energy Crisis - Information & Forum -- Ignore unavailable to you. Want to Upgrade?

To: miraje who wrote (918)	8/22/2001 10:45:40 PM
From: Zeuspaul	Respond to of 1715

If everyone drives thirsty SUV's, increased demand will drive up prices, which, in turn, will generate additional exploration and refining to increase supply, which will push prices down. That is short term thinking. World production of oil will peak in ten or twenty years. Increasing demand will advance the bell curve peak. We are heading for a cliff and you suggest we step on the gas and get there a lot faster. If we ease up on the pedal the cliff is a hundred years away. If we step on the gas over we go in ten. While OPEC may sit on the majority of the worlds crude reserves, they know full well that North America has a sufficient supply of coal and tar sands At a significantly increased cost with a resulting decrease in the standard of living. As far as your water scenario goes, a simple contract between a water company and its customers, guarenteeing a base amount and enabling the company to ration excess usage during times of drought and shortage, would alleviate the type of situation you described. You are inconsistent. You propose allocating oil based on the market and allocating water based on contracts and rationing. Zeuspaul