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PeakOil is You

There is virtually unlimited energy in America

A forum for discussion of regional topics including oil depletion but also government, society, and the future.

Re: There is virtually unlimited energy in America

Unread postby Tanada » Fri 24 Feb 2012, 07:14:19

Fungibility as we have known it is based on a well supplied market. IOW you could buy as much as you wanted by switching to a different exporter if you had a falling out with your regular supplier. In a resource constrained model this is no longer the case unless you are both willing and able to outbid the other buyers and convince an exporter to ship to you instead of their already existing customers.

You are basically demanding they cut off the contracts that already exist to supply you, which is bad politics for any of the exporting majors.
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Re: There is virtually unlimited energy in America

Unread postby vaseline2008 » Sun 04 Mar 2012, 14:51:33

"Virtually Unlimited"...virtual meaning non-reality based, unlimited meaning without limits...so only in a virtual fantasy world unlimited? Hate to poke fun @ the OP's title but I just thought it was funny.
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