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


To: dan6 who wrote (4286)2/14/2006 6:14:54 PM
From: Seeker of Truth  Read Replies (4) | Respond to of 218661
 
About 15 months ago I read an article by the head of the Rocky Mountain Institute. He said there was a new plastic which would make cars,trucks and planes much stronger and much lighter. He had done experiments with the plastic. He said that in 2005 a truck would be made with his polymer and the trucking industry would be convinced and begin to convert. He showed that when we drive a car, the car weighs 60 times what the person ways so basically we are paying to push around a huge hunk of steel. I wondered whether my fossil fuel investments were a mistake. However, EnergyPlay came to my rescue. He told me not to pay any attention. So 2005 was a GREAT year for investing in fossil fuels. Recently I looked again at the web site of the Rocky Mountain Institute and there was not even a mention of the new plastic, which had been the principal topic in late 2004. ??? Verbum sat sapientiae.
And good luck in your investments.



To: dan6 who wrote (4286)2/15/2006 3:56:34 AM
From: Maurice Winn  Read Replies (1) | Respond to of 218661
 
Most oil burned has nothing to do with survival. It's like Easter Islanders making big heads to put around the island. Just something to do other than sitting around eating lotus flowers.

Oil is reaching the end of it's cultural life having started in the industrial revolution and being rampant throughout the 20th century as internal combustion engines enabled people to move faster than horseback for the first time ever. Which made everyone really excited about the whole industrial revolution and spend their lives on it for a century.

Oil will be ditched as passe. There will be some oil used, but the cultural basis of it will be abandoned in favour of cyberspace, which requires no oil.

Watch young people interact with cyberspace. It's more enthusiastic than Romans at the Colosseum and certainly more enthusiastic than the average suburbanite eking out their lives in traffic jams to and from a cubicle or other unsatisfying way of filling in the day. Not everyone can have the fun of Formula 1 speeds, but all can enjoy cyberspace.

As Sheik Yamani said a decade or more ago, the oil age won't end for lack of oil, just as the stone age didn't end for a lack of stones. His timing is off in this interview: <SHEIKH YAMANI, the former Saudi oil minister, has told The Telegraph that he expects a cataclysmic crash in the price of oil in the next five years.

In an unprecedented personal interview, Sheikh Yamani also predicts that, within a few decades, vast reserves of oil will lie unwanted and the "oil age" will come to an end.

In an interview with Gyles Brandreth, he says: "Thirty years from now there will be a huge amount of oil - and no buyers. Oil will be left in the ground. The Stone Age came to an end, not because we had a lack of stones, and the oil age will come to an end not because we have a lack of oil."
> cephasministry.com

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