by VMarcHart » Mon 18 Aug 2008, 16:10:34
Echoing Rockman's words, sincere congratulations on your business.$this->bbcode_second_pass_quote('rfahoss', 'Y')es, there is more oil left in the sandstones and shales than we have taken out in the past.
No one is counting how many drops of oil is left vs taken, however, it is believed we're at half-point, given or taken a few years if you will. At stake is "what now?" The dependency is bigger than ever, the rate of consumption is growing faster than ever, the retail prices (in this country) are higher than ever, P&P costs are higher than ever, and there is no substitute in sight. Ethanol, hydrogen, algae, fuel tax cut, etc, is politician's stuff to get them elected, and all have pros and cons. Again, what now? Then you cross with other crisis, ie, soil and forest depletion, potable water degradation, increasingly acidic ocean water, increasingly CO2 concentration, population explosion, etc, etc. Perhaps all of these, perhaps none of these have its roots with oil, but the fact is they're here, and peak oil is just part of the problem.
It's a very different world since we stood erect in our hind quarters.
Welcome aboard. I'd like to hear more from you.