: The renewables are always predicting that they would be viable if only : the price of oil rises by another $10 . Most of the stuff : -photovoltaic panels etc, are made from oil and never return the : energy invested in them , so renewable energy just gets more expensive : and always stays $10 ahead of the price of oil .. : Bobby <[EMAIL PROTECTED]> wrote: : Hey Mo, this news should make you happy... : http://news.excite.com/news/r/000624/19/energy-britain-yamani : ------------------------------------------------------------- : Ex-Saudi Oil Minister Yamani predicts oil crash : Updated 7:19 PM ET June 24, 2000 : LONDON, June 24 (Reuters) - Britain's Sunday Telegraph newspaper : quoted : former Saudi Arabian Oil Minister Ahmed Zaki Yamani as saying oil : prices are set to crash in the next five years and the "oil age" would : end. : "I can tell you with a degree of confidence that after five years : there : will be a sharp drop in the price of oil," was quoted as saying. "The : price will stay high for the moment because of high demand." : Yamani, who was oil minister from 1962 to 1986 and who guided Saudi : oil : policy during the 1973 Arab oil embargo, said prices would fall due to : successful oil exploration efforts and the development of technologies : that did not use oil. : "It is coming because oil companies who generated a huge profit from : this price of oil are spending so much on exploration and : developments. : The discoveries which took place in the last three months are : significant," Yamani was quoted as saying. : He was quoted as saying the discovery -- as yet unannounced -- of huge : oil fields in Kazakhstan and in the northern Caspian Sea, coupled with : finds in Egypt, Yemen, Angola and Nigeria would also contribute to : increasing oil supplies. : Iraqi oil, currently languishing under sanctions, would also make a : return, he was quoted as saying. : Under the sanctions, imposed on Iraq over its 1990 invasion of Kuwait, : Baghdad is allowed to sell oil only under close United Nations : scrutiny : to finance the purchase of food and medicine. : "On the supply side it is easy to find oil and produce it. And on the : demand side there are so many new technologies. The hybrid engines : will : cut gasoline consumption by something like 30 percent," was quoted as : saying. : Other technologies such as fuel cells, which use hydrogen as an energy : source, would cut petrol consumption spectacularly by the end of the : decade. : The picture for oil would be even more dire in 30 years time, Yamani : said. : "Thirty years from now, there is no problem with oil. Oil will be left : in the ground. The Stone Age came to an end not because we had a lack : of stones, and the oil age will come to an end not because we have a : lack of oil," Yamani was quoted as saying. : -- : No voting rights for illiterates in National elections.They should : vote : only in Village Panchayat elections.Village leaders should vote in : National, State elections along with those who have passed atleast : matriculate exam. Make voting compulsory. Inititiate judicial reforms : now! save India. : Sent via Deja.com http://www.deja.com/ : Before you buy. <A HREF="http://www.ctrl.org/">www.ctrl.org</A> DECLARATION & DISCLAIMER ========== CTRL is a discussion & informational exchange list. Proselytizing propagandic screeds are unwelcomed. Substance—not soap-boxing—please! These are sordid matters and 'conspiracy theory'—with its many half-truths, mis- directions and outright frauds—is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRLgives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credence to Holocaust denial and nazi's need not apply. Let us please be civil and as always, Caveat Lector. ======================================================================== Archives Available at: http://home.ease.lsoft.com/archives/CTRL.html <A HREF="http://home.ease.lsoft.com/archives/ctrl.html">Archives of [EMAIL PROTECTED]</A> http:[EMAIL PROTECTED]/ <A HREF="http:[EMAIL PROTECTED]/">ctrl</A> ======================================================================== To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED] Om
