[radon1]

$this->bbcode_second_pass_quote('regardingpo', '
')
I am saying that it has successfully predicted

[regardingpo]

$this->bbcode_second_pass_quote('radon1', '')$this->bbcode_second_pass_quote('regardingpo', '
')
I am saying that it has successfully predicted

[radon1]

$this->bbcode_second_pass_quote('regardingpo', '
')I was not talking about the model when I said that.

That was a generic statement. I said that if you can somehow know future oil prices - that's useful.

[regardingpo]

$this->bbcode_second_pass_quote('radon1', '')$this->bbcode_second_pass_quote('regardingpo', '
')I was not talking about the model when I said that.

That was a generic statement. I said that if you can somehow know future oil prices - that's useful.

[radon1]

$this->bbcode_second_pass_quote('regardingpo', '
')
No, I merely corrected you on

[tita]

Each time we try to debunk the inconsistencies of the ETP model, we end up debating over multiples pages of arguments, defenders looking more like members of the Jehovah's witnesses as they behave like true believers that can't be wrong... Repeating over and over that facts have not proved them wrong.

I for myself read their website, and found so much bullshit without no ground to support their model that I still don't understand why we still argue.

From their website: http://www.thehillsgroup.org/depletion2_023.htm
$this->bbcode_second_pass_quote('', 'T')he ETP Model calculates this value through numerical analysis which produces a conversion efficiency of 20.45 %. This is equivalent to a source temperature of 214 �F, and a sink temperature at STP of 77 �F.This is very close to the thermal operating efficiency of an internal combustion engine; they constitutes 83% of petroleum usage.

[Tanada]

$this->bbcode_second_pass_quote('pstarr', '(')Tanada, I am responding to your megaposts in blocks of three. See you soon )

$this->bbcode_second_pass_quote('Tanada', 'A')s a point of fact I just did a search. You have been banging the drum of your thermodynamic misunderstanding of oil production since all the way back in 2007. Possibly longer. When the world civilization refused to collapse from the 2008 excursion to $147/bbl you went quiet for a while trying to come up with some way of explaining away the real world based on your thermodynamic beliefs.

[regardingpo]

$this->bbcode_second_pass_quote('tita', 'A')nd I'm pretty sure that some ETP jeovah witness will answer me, explain me that I didn't understood the model, try to convert me that it's true because what was predicted by it is really happening, etc. etc. So, don't bother to do it, my grandad chased them away with his pitchfork, and I would do the same (figuratively of course).

[ralfy]

$this->bbcode_second_pass_quote('radon1', '
')
How do you know that the global middle class will grow?

(And what is the point in this insane quotation of the entire article? It takes awful lot of space with no purpose.)

[radon1]

$this->bbcode_second_pass_quote('ralfy', '
')Most people worldwide want more than just basic needs. That's why investors ultimately cannot avoid finding new oil,

[onlooker]

Because ultimately investors need the consumer class

[radon1]

"Because ultimately investors need the consumer class"

How do you imagine that? Investors running around looking for consumers asking them in desperation to take their money and consume, and consumers reluctantly accepting and go shopping? Would you give your own money to somebody to make sure that they "consume"?

Investors don't care about consumers. They care about returns. If they see no returns, they simply don't invest. The consumers can enjoy themselves.

[onlooker]

How can you say that Radon? The investor class does not exist in a vacuum. It depends on a healthy general Economy. https://mic.com/articles/15097/us-gdp-i ... .roooUYa30
US GDP is 70 Percent Personal Consumption

[radon1]

$this->bbcode_second_pass_quote('onlooker', 'T')he investor class does not exist in a vacuum. It depends on a healthy general Economy. https://mic.com/articles/15097/us-gdp-i ... .roooUYa30
US GDP is 70 Percent Personal Consumption

[ralfy]

$this->bbcode_second_pass_quote('radon1', '
')
Cannot understand the link between most people's wishes and investors. Most people's wishes is the most people's problem, why should investors care.

[ralfy]

$this->bbcode_second_pass_quote('radon1', '&')quot;Because ultimately investors need the consumer class"

How do you imagine that? Investors running around looking for consumers asking them in desperation to take their money and consume, and consumers reluctantly accepting and go shopping? Would you give your own money to somebody to make sure that they "consume"?

Investors don't care about consumers. They care about returns. If they see no returns, they simply don't invest. The consumers can enjoy themselves.

[ralfy]

$this->bbcode_second_pass_quote('radon1', '
')
Who are the investor class, specifically? How do they depend on the third-world consumers, to avoid ambiguous references to some "healthy general Economy"? What does the US GDP have to do with "the world's growing middle class"? The topic is on the third world consumers, not on the US consumers.

All these new subjects that you introduce totally blur the focus of the discussion - "the world's growing middle class", which is predominantly third-world. Stay focused please.

[radon1]

$this->bbcode_second_pass_quote('ralfy', '
')Investors need more goods and services produced and sold each time.

[shortonoil]

Comparing the Etp Model to economics is like comparing a cyclotron to a Ouija Board. They both missed each other by 500 hundred years.

[ralfy]

$this->bbcode_second_pass_quote('radon1', '
')Who are these people, specifically?