by jtmorgan61 » Sat 30 Jul 2005, 16:59:26
$this->bbcode_second_pass_quote('', 'Y')ep he does, like this:
So, after 10 years of investment, you expect the U.S. to reach a second, higher peak in oil production. The 1970 peak (of 9.64 mbd) will be substantially exceeded in 2020 (reaching 13mbd). In 2020 the U.S. will be producing oil from coal and trash at a rate faster than Saudi Arabia has ever pumped in its entire history.
Yeah, pretty much. It's just a matter of what resources we have. We have way, way more coal than we had oil. We have an enormous agricultural sector.
And I put that in the context of our current $750 billion/yr energy economy, and asked again for someone to tell me why we couldn't reach that scale over 10 years when the number seem to suggest we can and will. And no one has told me why not, using actual numbers. They've simply said "I can't imagine that."
Take an average person in 1990 and try to persuade him what the internet will look like in 2005 and he'd probably tell you the same thing: absolutely impossible.
850 million people online right now, from a very small base in 1990.
"Let's see, computers are about $2000 each, that's 1.6 TRILLION dollars if no one ever upgrades. Who is going to pay for that? Not to mention infrastructure, engineers, raw materials to build 850 million computers... you're insane."
Profit motives are quite powerful, folks.