SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Raymond Duray who wrote (59901)2/3/2005 11:50:01 AM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
Ray, re Peak Oil. I'm with my old mate, Sheik Yamani, who pointed out that the stone age didn't end for lack of stones and the oil age won't end for lack of oil.

It's an odd feeling, but as I reflect on my oily background and how important oil was for decades, and compare it with the current situation, I feel like an anachronism.

Sure, there is actually now more oily stuff used than ever, but it goes a long way further per litre, is cleaner, consumes less of a person's pay and occupies less of their brain space.

Blokes don't spend the weekend disassembling their engines, cleaning out the carburetor, advancing their spark and filing their points, while discussing the merits of this or that engine oil, research octane number and compression ratio. A car is a disposable consumer item. People hardly know how to inflate a tyre these days and hardly need to.

Oil might be approaching a peak. It doesn't matter. It was fun burning oil and building fast cars. But there are other ways to live life than burning oil. Oil and I will simply fade quietly into the background - relics of a time gone by. As always, young ones look forwards to life, the old look back on life, and the middle-aged look worried.

Peak oil? Bring it on!

Mqurice