.
"Peak oil" and
"known"
LOL... I thought those words might ruffle a few feathers around here.
Niky, thanks for giving and reiterating the boilerplate explanation given by the industry,financial district and talking heads of the media as to why oil prices are where they're at for others here.
It is to me however, at the point of ad nauseam.
Quote:
|
Peak oil ain't simply us using up all the oil there is. That's impossible. We will simply edge closer and closer to peak oil before it becomes too expensive for anyone to want to dig up more of it.
|
Agreed, however "
I believe" that is still a long, long, long way off.
Quote:
|
And secondly, all known oil reserves are in decline.
|
That depends on how one defines "
known".
Known to whom...???
You and I...???
Or...
The so called "experts" and "media"...???
I would tend to think that the industry believes that any new and or possibly old reserves that they found, therefore
"known", are on a need to know basis. And that you, I and the rest of the world
doesn't need to know. Therefore they are not included in the
"known" reserves. This information is held in house, tight to the vest and controlled by strict non disclosure contracts. If oil was known to be plentiful instead of declining, people wouldn't be as willing to go along with paying more. One only needs to turn to the De Beers model of marketing to understand the reasoning behind it.
Old Mechanic
Quote:
|
In any position you read about, it's important to read things like "KNOWN" to really understand the true contentof the in formation provided. Unbiased sources are rare today but that (agenda driven sources) has been around many thousands of years before my time.
|
Quote:
|
The eastern US is much cleaner than it was in my childhood. Maybe I'll be able to dig clams in Back River again.
|
I remember well the Niagara River and surrounding area before the "Clean Air and Water acts" of the early 70's. They're the only government sponsored acts that actually did something good that I can think of. The water was green, stunk and who knows what was in it (really, really bad stuff). Today it is clean, clear and a world class fishery again.
I hope you get to clam again...
>