> > the market for higher mpg cars started to pick up
> after the OPEC gas price
> > increases in the 70s. unfortunately, it didn't
> last. while the price of
> > gas will continue to fluctuate, it will no longer dip
> that much,
> > relatively, because demand will continue to outstrip
> supply, despite
> > renewed exploration and exploitation of vanishing
> resources.
> Ah, what vanishing resource? Complex hydrocarbons?
> We've tapped well less
> than 1% of those in the past 200 years. We've just
> picked the low hanging
> fruit. The real question is, will the cost of developing
> the next fields be
> higher than the alternatives.
> Dan M.
1%, really? at what point does the cost of extracting the fuel from the
alberta tar sands, coal, off shore, from other planets, etc., have enough value
for what the market will bear? will whale farms in the oceans be next?-)
jon
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