Robert Seeberger wrote: > > That is what I'm seeing too. I gather that the higher prices are > going to be with us for quite a while, so there may be opportunity > for the investments to be substantially paid off before oil prices lower. > This is not how most oil companies all over the world - at least what they publish to their stockholders - think the future will be. Oil prices - according to the published models - tend to get down quite fast.
> As we are near or past peak oil > Not here in Brazil :-) > (at least the easy stuff) > It was never easy here... But I think the problem is not fossil fuel but free oxigen. We all burn fossil fuel using air oxigen. We are reducing the atmosphere, and there's no mechanism to put this O2 back there. Most planets have a reducing atmosphere, and our is an oxidant atmosphere. Are we just Venusforming Earth? I believe there will still be lots of reserves of fossil fuel when it becomes illegal to burn them in oxigen air - the car of the future will have one tank of fuel and one tank of oxidant. Alberto Monteiro [maybe we should add a Brin: to these topics of today, when we talk about possible futures] _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
