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  • From: Gene GeRue <genegerue AT ruralize.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] Astronomically Peaking Oil
  • Date: Fri, 18 Apr 2008 19:35:56 -0500


On Apr 18, 2008, at 5:58 PM, EarthNSky wrote:


Peak Oil?


http://www.space.com/scienceastronomy/planetearth/asteroid_oil_991213.html

From the above link:

It may turn out that there is too much oil for our own good. A massive
increase in known oil reserves could lower oil prices and drastically
devalue existing reserves.

I can see it now: Detroit lobbying for lower fleet mileage standards. OPEC countries forced to lower prices. Giddy Americans driving Hummers to dance practice. Twenty-four wheelers charging down the Interstates.

Has a human time frame been more interesting?





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