atpcliff
Well-known member
- Joined
- Nov 26, 2001
- Posts
- 4,260
Hi!
The above will make 0 difference over the next 5-8 years, AT LEAST.
Currently, the production of oil per day, and the usage of oil per day is close to even.
Announcing stuff that will increase the supply of oil in 5-8 years, and/or decrease the demand in 5-8 years, won't have ANY affect for the next 5-8 years. Additionally, by the time that added oil/reduced US demand comes into effect, probably the increased usage by China/India and oil producing countries like Iraq/Iran/Mexico will be MORE than the increased oil output.
CONSERVING energy today, WILL make a difference NOW. Switching to renewable energy will solve the problem in the long run.
Do we have enough oil to run our cars on it for the next 500 years???? No.
We do have enough renewable energy to run our cars forever.
cliff
GRB
Originally Posted by JvW
If they were to announce that the US is buiding a couple of refineries, drilling would start in AK and nuclear power was the way of the future, the price of oil would cave in drastically...but we know that this would never happen...
Jvw
Exactly!!!!!!!!
The above will make 0 difference over the next 5-8 years, AT LEAST.
Currently, the production of oil per day, and the usage of oil per day is close to even.
Announcing stuff that will increase the supply of oil in 5-8 years, and/or decrease the demand in 5-8 years, won't have ANY affect for the next 5-8 years. Additionally, by the time that added oil/reduced US demand comes into effect, probably the increased usage by China/India and oil producing countries like Iraq/Iran/Mexico will be MORE than the increased oil output.
CONSERVING energy today, WILL make a difference NOW. Switching to renewable energy will solve the problem in the long run.
Do we have enough oil to run our cars on it for the next 500 years???? No.
We do have enough renewable energy to run our cars forever.
cliff
GRB
