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Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?

To: sandintoes who wrote (2709)	3/21/2007 1:03:04 AM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 25737

Re: "and by then the ME will have exhausted their supply, right?" By WHEN? Are you asking if the Middle East will have run out of hydrocarbon reserves at the same time, or before, or after, 'we' have 'produced every drop of oil that's commercially recoverable, when the price is sufficiently high? Is that your question? My guess is that --- say, a hundred years from now --- oil and oil equivalents, will still be produced in BOTH the Middle East, AND in North America. But so-called 'conventional' production will have LONG SINCE suffered huge and irreversible declines in both places. (WAY past 'Hubbert's Peak' globally by then....) Of course, we will --- a hundred years from now --- STILL have perhaps another 300 or 400 years worth of coal and unconventional hydrocarbons left for our use. Which can be gasified or converted into liquid hydrocarbons (albeit at a much higher cost) for our use. That is what I was talking about when I said that we would get to our stored hydrocarbons whenever the price was high enough, whenever our need was greater (&, our 'need' will only be GREATER in the future then it is right now....) Meanwhile, hydrocarbons yet untapped on PUBLIC LANDS are owned by the American public... and are quite 'safe in the bank', safe and stored there until we need them. So, yes, it certainly is possible that our reserves of hydrocarbons will 'out-last' those of the Middle East. Re: "What will it matter, they will have killed us all by then anyhow." No. I believe that is HIGHLY unlikely. Only way that would be realistically possible would be if we do it to ourselves (which, of course, is what OBL has been trying to sucker us into doing, all along!)