Quote:
Originally Posted by redpoint5
Then again, there is "risk" of alternatives rendering it much less valuable than predicted.
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I do hear this comment often. " high tech replacements will make oil useless and strand it in the ground". I can assure everyone, oil will leave us long before (never) we are ready to leave it. There is no replacement for fossil fuel density, transportability, storage, and the historical price, which has allowed the human population and GDP to balloon geometrically in the last 150 years. We will struggle immensely without it until the population comes back down to a sustainable level. And we learn to get along.