<div>_______________________________________________________<br clear="all">Message: 8<br>Date: Sat, 22 Dec 2007 17:06:18 -0800<br>From: "spike" <<a onclick="return top.js.OpenExtLink(window,event,this)" href="mailto:spike66@att.net">
spike66@att.net</a>><br>Subject: Re: [ExI] Rationality and Irrationality<br>To: "'ExI chat list'" <<a onclick="return top.js.OpenExtLink(window,event,this)" href="mailto:extropy-chat@lists.extropy.org">
extropy-chat@lists.extropy.org</a>><br>Message-ID: <<a onclick="return top.js.OpenExtLink(window,event,this)" href="mailto:200712230106.lBN16Hm3013462@andromeda.ziaspace.com">200712230106.lBN16Hm3013462@andromeda.ziaspace.com
</a>><br>Content-Type: text/plain; charset="iso-8859-1"<br><br><a onclick="return top.js.OpenExtLink(window,event,this)" href="mailto:bounces@lists.extropy.org">bounces@lists.extropy.org</a>] On Behalf Of Morris Johnson
<br>...<br>?<br>I'd like the bioproducts industry to be able to fully replace the oil<br>industry before the last barrel of oil is squeezed out.<br>In my opinion it will be a horse race to see if we can actually make this
<br>happen.<br>...<br><br><br>Morris if this is a horse race I know exactly on which horse I am betting.<br>Regardless of what technology is discovered, as long as there is oil in the<br>ground, humanity will continue to refine and burn the stuff. Our burn rate
<br>may slow considerably as replacements come online, but the existence of<br>cheap oil is exactly what has kept the replacements from happening.<br><br>spike<br>_____________________________________________________________
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<div>Exactly and that is why government has began to force feed the biofuels industry with taxpayers dollars.</div>
<div>If the industry can become capitalized to a high enough degree, then the need to transform it to </div>
<div>one that can stand on its own feet will drive those whose money is at risk. I had a call from a stock broker a couple of days ago</div>
<div>trying to entice me into dropping cash behind 2 of the biofuel players. </div>
<div>Another factor that will drive bioproducts is the internal greed within the petrochemical industry that now has</div>
<div>created such an inflated cost to production of conventional oil.. the cost of equipment, labour and supplies has skyrocketed</div>
<div>as every player seeks to siphon off as much cash as possible before it gets to shareholders...that there can never be cheap oil again.</div>
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<div>Bioproducts require much the same equipment and facilities as conventional oil so this is something the oil money guys understand.</div>
<div>The same politics that drove the run-up to 911 now drive bioproducts.</div>
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<div>I was never a fan of the 911- Iraq/etc war , but it was that which caused this.</div>
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<div>The only sad note is that the taxpayer is going to be bled to death along the way.</div>
<div>The war took 1 trillion dollars of future money out of the taxpayers hands.</div>
<div>Biofuel will do the same... and the government-military-industrial complex will use whatever means justify the end to keep it on track.</div>
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