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Politics : Politics for Conservatives -- Ignore unavailable to you. Want to Upgrade?

To: unclewest who wrote (62964)11/30/2015 9:01:38 AM
From: J.B.C.6 Recommendations

Recommended By
Brumar89
d[-_-]b
DinoNavarre
Honey_Bee
Joe Btfsplk

and 1 more member

  Read Replies (1) | Respond to of 124667
 
I think what is motivating many is that at present consumption rates the known world oil reserves get depleted in 50 years.

Sorry uncle west, there is nothing that supports that statement. That canard has been around basically for a century. IF and WHEN oil actually becomes scarce, it will be priced accordingly, and we still won't run out. Basic economics.



To: unclewest who wrote (62964)11/30/2015 9:16:27 AM
From: grusum1 Recommendation

Recommended By
Honey_Bee

  Respond to of 124667
 
i see that J.B.C. has already responded to the myth that we're running out of oil. i agree with what he said.

but even if what you claimed is true, it doesn't change the fact that it doesn't matter who produces the oil. it only matters how much of it you can buy. the strongest currency will allow buying the most oil. we need a strong currency to be better off in all areas.


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