Group: sci.energy.hydrogen
From: "Morris Dovey"
Date: Monday, September 17, 2007 10:52 AM
Subject: Re: "$150/bbl in 20 years"

Dan Bloomquist wrote:
| Bob Brock wrote:
||
|| I'm becomming a believer in peak oil theory. It's playing out
|| pretty accurate so far. However, I'm not firmly convinced just
|| yet.
|
| You don't have to believe. Let the numbers tell the story. Like
| these:
|
| /money/
|
| Read Simmon's book and check out the numbers at:
|
| /
|
| Then, applying the above to our current economic and political
| condition with the Hirsch report:
|
| /money/
|
| There is pretty good reason for concern.

Only $150? When I started DeSoto Solar 5+ years ago, oil was going for
$35 - and last Friday it went over $80. If it doubles again in the
next five years, then that'll be $160 - in a lot less than 20 years.

I think $150 in 20 years may be a bit on the optimistic side - but, of
course, I'm not an expert...

--
Morris Dovey
DeSoto Solar
DeSoto, Iowa USA
/DeSoto/