Quote:
|
Originally Posted by oldandslow
Certainly. But we have to discuss return on investment before we start drilling.
Which means price will have to go even higher for deep, deep sea, etc.
Alberta tar sands are economical now (finally), but even that has a limit.
|
Indeed. The basic flaw of peak oil is the economics of it. It's not that the oil isn't there.
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
|