[ExI] Doomsday Oil Price: (was RIP: Peak Oil)

[The Avantguardian]

----- Original Message -----
> From: Samantha Atkins <sjatkins at mac.com>
> To: ExI chat list <extropy-chat at lists.extropy.org>
> Cc: The Avantguardian <avantguardian2020 at yahoo.com>
> Sent: Wednesday, February 29, 2012 10:26 AM
> Subject: Re: [ExI] Doomsday Oil Price: (was RIP: Peak Oil)
> 
> Oil is not going to 1000x current value anytime soon.  It is likely to go past 
> $200/bbl if Iran is attacked though.  Note that the US produces about half of 
> all the oil it uses.    But no, we can't bring alternatives online that 
> quickly.  It takes years, about 10, just to bring a new refinery online.  How 
> long you think it would take to bring enough plants online to provide alternate 
> IC fuels including the retooling of pipelines, tanker trucks, and delivery 
> systems that might be needed for some of those fuels?  It would take even longer 
> to phase out IC engines complete in favor of electrics, if we find the energy 
> and get the grid in shape to supply the load and handle all those hopefully fast 
> charging units.  

Precisely. Which makes me all the more outraged that the United States allows itself to be held hostage Middle Eastern hydraulic despots that don't like us only so that a narrow cross-section of industry can profit. Forget the Middle East. WE are the promised land of milk and honey. Stop walking the streets of Sodom without pants and open up the Energy Markets to fair and free competition before it is too late!

Stuart LaForge
 
"The state that separates its scholars from its warriors will have its thinking done by cowards, and its fighting by fools." -Thucydides.