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To: Johannes Pilch who wrote (619414)9/7/2004 5:26:27 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
"This is true, at a perpetual $50 a barrel."

Nothing is priced 'perpetually'.

Likely we will be at $70 - $100 a barrel or so by decade's end. (Most petroleum analysts expect the world to move on down the production curve, past peak output, sometime before the decade's end... just as the US did itself decades ago at the start of the '70s.)

"it is no panacea."

Nobody promised you a rose garden, Pilch.... <G>

(Commercial nuclear fusion would sure be that 'rose garden' however... that could be more mid-century though.)



To: Johannes Pilch who wrote (619414)9/7/2004 6:43:13 PM
From: DuckTapeSunroof  Respond to of 769670
 
Another Dawn For Solar Power

Tech breakthroughs and high energy prices are rekindling the industry

businessweek.com