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


To: Rolla Coasta who wrote (62871)4/18/2010 3:21:02 PM
From: SG  Respond to of 219476
 
Here's another more ominous take on oil:

SG

peakoil.net

The Joint Operating Environment (JOE) 2010

Quote:
Energy Summary

To generate the energy required worldwide by the 2030s would require us to find an additional 1.4
MBD every year until then.
During the next twenty-five years, coal, oil, and natural gas will remain indispensable to meet energy
requirements. The discovery rate for new petroleum and gas fields over the past two decades (with the
possible exception of Brazil) provides little reason for optimism that future efforts will find major new
fields.
At present, investment in oil production is only beginning to pick up, with the result that production
could reach a prolonged plateau. By 2030, the world will require production of 118 MBD, but energy
producers may only be producing 100 MBD unless there are major changes in current investment and
drilling capacity.
By 2012, surplus oil production capacity could entirely disappear, and as early as 2015, the shortfall in
output could reach nearly 10 MBD.
Energy production and distribution infrastructure must see significant new investment if energy
demand is to be satisfied at a cost compatible with economic growth and prosperity. Efficient hybrid,
electric, and flex-fuel vehicles will likely dominate light-duty vehicle sales by 2035 and much of the
growth in gasoline demand may be met through increases in biofuels production. Renewed interest in
nuclear power and green energy sources such as solar power, wind, or geothermal may blunt rising
prices for fossil fuels should business interest become actual investment. However, capital costs in
some power-generation and distribution sectors are also rising, reflecting global demand for alternative
energy sources and hindering their ability to compete effectively with relatively cheap fossil fuels.
Fossil fuels will very likely remain the predominant energy source going forward.




To: Rolla Coasta who wrote (62871)4/18/2010 4:03:29 PM
From: elmatador  Read Replies (1) | Respond to of 219476
 
Crude oil could go to $20 by design if GS goes bankrupt...
Explain please.

Thanks



To: Rolla Coasta who wrote (62871)4/18/2010 8:49:31 PM
From: TobagoJack  Read Replies (1) | Respond to of 219476
 
Am unsure what you are going on about, but am certain it is nothing to make a fuss over due to intrinsic worth.

Am at grand hyatt lobby to greet n meet euro counterparty to listen to update on how wonderful they have done since following my 17 points advice given in 2005 on their traditional focus, and again in 2007 on their geewhizbangohwhoawee possibilities. They are doing well for all the good I imparted to them, and especially because they now own more in china than in rest of the world, shut down ops in Europe n n.america, even in categories under wastrel Obama trade protection. It is wonderful to see how an astutely crafted plan comes together.

You would find the details of the above too demanding for comprehension, so I spare you such details. You are too focused on the minutiae of foreground, the obvious, and your process is too linear, in the box, constricted