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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (32874)	5/2/2003 1:37:20 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

Oil age will not end because we'll run out of oil, like the stone age didn't end because our ancestors ran out of stones. Looking ahead: (Hope KJC doesn't say the same guy who was popoohing Iraq and SARS is now posting about energy business.) 1) Bio-engineering to enable (non-food) crops to maximize their output of bio-mass would be very palatable to the masses. 2) People awareness that their today's energy cost blood 3) Pressure for C02 emissions to go down by the same people who are not willing to give up the automobile, is good for bio-mass making them feel good and virtuous at same time having their cars. 4) Governments looking for a way to increase economic growth 5) North Sea oil reserves depleted so Europeans will feel less safe. 6) Those nuclear power plants built 30/40 years ago have to be de-commissioned as they end their economic life. 7) 2.5 billion people (India's and China's population) will have a big impact on the overall energy market once their income per capita increase. 8) Those hydroelectric built in the last 50 years also will end their economic life, since the sediments deposited on the bottom of the dams make them less efficient. Going like this, pretty soon we have a credible case for bio-mass, cleaner, renewable energy sources. And this wouldn't be Elmat if he wouldn't add: A good year with a few nice oil disasters -sinking super tanker around the coast of California, another one in the North Sea a nice pyrotechnic refinery fire, a Nigerian war- would really improve the case of bio-mass cleaner fuels. A US president elected without his campaign financed by the oil business can also help.