Re: Gas/Fuel War!!!

Posted by Hermit on April 10, 2005 at 20:35:10 from (69.21.48.113):

In Reply to: Gas/Fuel War!!! posted by Dixieland on April 10, 2005 at 07:50:52:

The oil situation is a world concern and needs to be viewed at a world level. As third world countries become second world countries, industry in their country grows geometrically. That means their need for oil increases as their industry increases. And since oil is the cheapest form of industrial energy, they are going to use oil. With another player in the world market, the number of people bidding on the same item (oil) goes up and price goes up because demand goes up. The only way to stop the long-term upward increase in oil price is to keep third world countries as third world countries and to turn second world countries back into third world countries. As for alternate fuels and energy sources, they will become a significant source of energy when their cost, including initial cost and any conversion, is less than the cost of oil.

Follow Ups:

• Re: Gas/Fuel War!!! AKMED Ltd. 05:35:37 04/11/05 (0)

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