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Old 06-29-2006   #8 (permalink)
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Smile Re: Fuel prices...

Quote:
Originally Posted by Buffy
That depends on what the meaning of "run out" is. , you just may have to work harder. You may also find another box of cereal to refill the bowl.
around like methane hydrates found on the ocean floor.

Of course we have a whole thread on the tar fields in places like Canada which are traditional crude oil, albeit in a form that is only worthwhile when the price of crude rises above $40/bbl (and less over time as the investment in learning how to exploit it is amortized), and there's an unbelievable amount of this stuff.

So B is right: there's not really a good excuse for the crazy price of gas.

All I can say is that the really smart money is moving from oil to tulips.

Modern Popular Delusions,
Buffy
I just bought some end of season Tulips for $2 a packet rare, double yellow.
How do I get them into the gas tank?

Seriously, you are right Buffy.
The half -life of many oil fields is fast approaching

The Canadian tar fields are new to me. Isn't the price already over $40 a barrel? Tell me more.

Australia has a lot of natural gas but it is taxed (38c excise a litre +10%GST) just the same as petrol. We have some oil reserves (different oil, not suitable for petrol) and some yet to be exploited near Timor.

I can't understand why everyone is not more into bio-fuels.??

Leadership from Governments seems to be as rare as new oil fields.


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