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To: glenn_a who wrote (96298)	8/15/2008 9:43:10 AM
From: bart13	Respond to of 110194

The transition to a post-hydrocarbon economy will be a tremendously painful one IMO No question about that in my mind either, and I'm aware of issues like Cantarell's & Ghawar's depletion. I'm probably more optimistic than many (most?) on the very long term though, but there is nowhere on the entire planet that will be safe from massive "social disruption". It'll be very ugly at times, to say the least, but I also generally reject the scenario presented at sites like dieoff.org.

To: glenn_a who wrote (96298)	8/15/2008 12:10:37 PM
From: GST	Read Replies (1) \| Respond to of 110194

The main stumbling block to innovation and a rapid transition away from oil is that oil is dirt cheap. As oil prices soar we can and will innovate. The stupidity of US policy has been to assume that the goal of energy policy should be "cheap" oil. Give me $200 a barrel and a $10 gallon of gas in the US and the US economy will enjoy a massive innovation boom -- one that is hugely beneficial for society and hugely profitable for those who lead the way. Cheap oil is about as beneficial as cheap heroin.