by shortonsense » Thu 22 Oct 2009, 17:55:15
$this->bbcode_second_pass_quote('Plantagenet', '
')The next time will be farce....oil has already climbed back past $80, and when oil goes higher the whole economic collapse scenario will return, with an added farcial component of price controls, White House denunciations of evil speculators, and stimulus bills promising impossibly rapid conversion to electrical cars and electrical battery powered airplanes and ocean freighters.
Planet, you strike me as a reasonably intelligent poster. Why would you go from a scenario of expensive gasoline or crude, comparable to $150/bbl, to nonsense like electrically powered ocean freighters?
JD has made some extremely valid calculations as to the efficiency of using crude for large scale transport and why that is much better than little running around town type nonsense, which is extremely inefficient. Whether its rail or transoceanic shipping, they will be using diesel while the rest of us run around with our government encouraged electrics, in part because the cost per ton/mile is so low for the heavy haulers, even if crude was $300/bbl.
And with some trillion barrels in stated reserves ( and plenty more without even breaking a sweat ), we've got plenty to see us through whatever particular conversion scenario the markets, or the government, wants to decide is the "best" way to convert.
So the question is, with Thuja's original comment in mind, why the instantaneous jump to what we all know are really nothing but a sarcastic strawman?