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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Seeker of Truth who wrote (1137)	10/12/2005 5:24:31 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 218706

At $70 a barrel, ethanol is cheaper and ElM is drooling over it. Insulation is cheaper. 1.6 litre cars are cheaper than 5 litres SUVs. Walking is cheaper than driving. Bicycling is cheaper too and faster in many instances. Motorcycles are fun and use less fuel. Diesel buses are cheaper per passenger kilometre than are single-driver SUVs. Congestion road pricing is cheaper than burning oil in a freeway jam. Cyberspace shopping is cheaper than windown shopping. Don't forget the Segway. Superconductor levitated and propelled vehicles, with photonic/electronic controls are really cool devices. In actual energy source terms, apart from ElM's ethanol, noocular energy is cheaper than $70 a barrel. So are coal and Orimulsion. Photovolatics were already selling a lot and sales must have taken off since the increase in oil prices. Wind farms are busy. Cellulose crops are cheaper than oil. Waste burning is cheaper than oil. Coal might be objected to. But when enough people want energy, the environmental issues are soon fixed. CO2 can be poured 400 metres under the ocean. Exhausts can be cleaned up and ash dumped in hills, or to fill valleys. Geothermal energy is cheaper than oil. When prices go up, people find solutions, or other ways of lving. Of course oil prices can be cut to $10 a barrel and that will stop a lot of competitor products coming to market. I expect the OPEC people will boost production to avoid losing market share. Not to mention to rake in huge loads of loot while the party lasts. They don't want the opposition to sell all the oil before they do. Note that King George II had the sense to sell the strategic reserve [or some of it]. They can fill it up again later at a much cheaper price. Mqurice