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To: Bearcatbob who wrote (933)8/23/2001 10:09:28 PM
From: Zeuspaul  Read Replies (1) | Respond to of 1715
 
20 years for optimists according to the IEA

iea.org
A higher view of oil reserves would assume an ultimate stock of recoverable conventional oil of 3 trillion barrels, compared with the lower assumption of 2.3 trillion barrels (see Table 1). This view postpones the production peak of conventional oil and the associated rise in world oil price to 2020.

Do you have any basis for your estimates or are your estimates based on your gut feelings and your ouigi board?

Zeuspaul



To: Bearcatbob who wrote (933)8/25/2001 10:46:10 AM
From: MulhollandDrive  Read Replies (1) | Respond to of 1715
 
>>The continent of Africa is abundant in resources - and corrupt government. Look to government as the source of trouble - not markets<<

Contrast HongKong in this respect. Little in natural resources, little in government mandates and intervention, abundant economic growth.



To: Bearcatbob who wrote (933)8/25/2001 3:53:29 PM
From: jayhawk969  Respond to of 1715
 
The attached article brings a different perspective. No income tax ---just tax the users of our resources. Then watch the shift in consumption. This is a perfect article to flame the natural controversy on this thread. <vbg>
Have at it.

dallasnews.com