Re: A rebuttal RE: Boo-hoo (Wuz: Great gas out!;

[Huw Powell <human@nh.ultranet.com>]

> Once again this subject went completely off course, we always seem to have a
> way in doing that..........
> The issue is not and (never was) "supply of oil" it was and is, manipulating
>  of the price by the oil companies...............
> 
> BTW, just for the sake of information:
> The oil supply WILL not run out in the foreseeable future (contrary to what
> the conventional publicized wisdom says!), at present time Iraq is operating
> in less than 10% capacity, Russia in (about) 20% give or take capacity, and
> the list goes on and on.................(figures taken from international
> oil exploration publication)...........USA has one of the largest areas of
> oil shell rock.............and on and on................

Depends on what you call the "foreseeable future" I suppose.  Like the
friend who mentioned to me the other day that "you never really think
about all the time before "B.C.", do you?" um, of course I do...

> 
> The factor that has to be taken into account is the environmental cost of
> using this oil, that probably will be the factor that will make the use of
> petroleum fuel absolute one day (who knows, too early to tell!).

probably true.

> So if anybody wants to discuss this subject it is a good idea to remember
> that nobody is suggesting a shortage..... it is (was and will be!) price
> manipulation by the parties involved (oil companies or oil producing
> nations, whatever!)

so what are we gonna do about that?

-- 
Huw Powell

http://www.thebook.com/human-speakers

82 Audi Coupe; 85 Coupe GT
http://www.nh.ultranet.com/~human