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  • From: Clansgian AT wmconnect.com
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] Oil prices
  • Date: Fri, 19 Oct 2007 08:17:36 EDT


> Consider the influence of a consortium of OPEC, Russia, Argentina and
> other producers.

Obviously that would do it, for a short while. But it's as with the
suggestion of super-advanced extraction methods, all that does is get the oil
out
faster, deplete it faster. At some point we are going to have to address the
problem. Thinks I, propping up our level of consumption is only going to
make
matters worse. For example, with the advanced methods of extraction in use
today
(soda straw wells, bottle brush wells, water injection, CO2 injection, etc.)
the wells keep up a level of production longer but then suddenly collapse
rather than go into a slow decline. </HTML>




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