In the U.S., the oil industry is hungering after the California coast and Alaska.
Ken Hanly wrote:
> Why would not both happen simultaneously? And why do you assume that the drilling
>would
> be on fragile ecosystems? It would make extraction from large but low grade deposits
> such as the Alberta Tar Sands more economical and injection etc. that recovers more
>oil
> from wells that are running out.
> Cheers, Ken Hanly
>
> Michael Perelman wrote:
>
> > Regarding Ken's assumption that higher prices will bring new energy forms on line,
> > the first effect will be to open up fragile ecosystems to oil drilling, causing
>more
> > problems elsewhere.
> > --
> > Michael Perelman
> > Economics Department
> > California State University
> > Chico, CA 95929
> >
> > Tel. 530-898-5321
> > E-Mail [EMAIL PROTECTED]
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]