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Learning a Lesson

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ChadTower:


--- Quote from: AtomSmasher on December 15, 2006, 02:07:31 pm ---I did a little research on this a few years back and I guarantee we won't.  If I remember right they discovered a new oil pocket in China a few years back that they estimate could fuel the world for 100 years from just that one location.

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Or it could fuel China alone for 400.  And trust me, China would rather have the world dominance that comes with sitting on the last remaining oil reserve than make some cash now exporting oil.

The problem with oil isn't cost or availability.  It's geopolitics.

AtomSmasher:


--- Quote from: ChadTower on December 15, 2006, 02:11:56 pm ---Or it could fuel China alone for 400.  And trust me, China would rather have the world dominance that comes with sitting on the last remaining oil reserve than make some cash now exporting oil.

The problem with oil isn't cost or availability.  It's geopolitics.

--- End quote ---
True, but he said "world supply of oil" and wasn't talking about geopolitics

ChadTower:


--- Quote from: AtomSmasher on December 15, 2006, 02:31:55 pm ---True, but he said "world supply of oil" and wasn't talking about geopolitics

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The two aren't really independent concepts.  The word geopolitics may as well actually mean "world supply of oil".

AtomSmasher:


--- Quote from: ChadTower on December 15, 2006, 02:42:35 pm ---
--- Quote from: AtomSmasher on December 15, 2006, 02:31:55 pm ---True, but he said "world supply of oil" and wasn't talking about geopolitics

--- End quote ---

The two aren't really independent concepts.  The word geopolitics may as well actually mean "world supply of oil".

--- End quote ---
I think we're having a conflict of definitions, when I say world supply I mean any oil left on the world, but I think you mean enough to supply the whole world.  Either way, by the time it gets close to a situation like that, gas prices will be so high that most people will already be driving alternative fuel cars.  If gas prices go over $3/gal again then I'll be first in line when they finally release a hybrid diesel car.  (for those who don't know, the current jetta diesel gets much better milage then the Prius, so the hybrid diesel they're supposedly working on should have insanely good gas milage).  Of couse I'll still keep my GTO for fun on the weekends, I just wouldn't use it for work anymore.

ChadTower:


--- Quote from: AtomSmasher on December 15, 2006, 03:17:59 pm ---I think we're having a conflict of definitions, when I say world supply I mean any oil left on the world, but I think you mean enough to supply the whole world. 

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Not really, I think we're saying the same thing.  Any oil left in the world drives geopolitics.  It is by far the single largest factor in foreign relations of most first world countries.  Who has it, how much do they have, and how we can get it from them.  There isn't anything even a close second.

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