Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (47337)	11/18/2010 7:09:33 PM
From: TimF	Read Replies (1) \| Respond to of 71588

As far as fossil fuels goes... the one thing about which I feel a high degree of confidence is that (mid-to-long-term) real costs will be ORDERS OF MAGNITUDE greater then today's cheap market prices. "Orders of magnitude" is rather unspecific. Its sometimes even used just to mean "a lot more", but technically it should mean at least 100 times more (10 times being one order of magnitude, not orders of magnitude), and I was talking about real prices not nominal prices. I'd be surprised to live to see a real price increase that large.