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How do you know EVERY single one disagrees with me? Did you interview them? Did you reasearch every single oil company on the planet?



I don't need EVERY single one of them to agree with me. How many companies agree with your standing?

I've at least named names on companies/agencies that agree that the near future for Oil is bleak at best, how many have you named?

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Yes I have seen the size of the oil rigs today and I am aware of the money it takes to drill deep into the ocean.
I'll never pay $20 a gallon, you must be out of your mind. If the price of gas goes to $20 I will ride a bike wherever I have to go and limit what I take with me.



I sure as hell hope you live a lot closer to your work than I do.

If you wanted to move closer to work to be able to bike, only so many people can live close to their offices. My company has 3500 people working in one building, we couldn't all live within biking distance of the office if we wanted to.

Good luck taking your family anywhere on that bike -- so the tourism, airline, hotel business would evaporate. Putting tens of millions out of work.

And I guess we shouldn't worry about those tens of millions of people in this country employed in some manner by the automotive or oil companies.

Oh, and the price of everything you bought would be HUGE. With as much as 80% of the price of a good being the transporation cost, and 80% of transportation cost being fuel, low-priced items would SKYROCKET in price.

And, since our food is largely produced with energy from oil, that'll be more expensive too.

The entire transportation industry fluctuates with pennies in fuel change. Every penny costs my company $20 million/year. We buy gas on thousandths of a penny. There's little doubt that I will likely be out of a job when gas prices double in the near future.

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So you say they have less oil and thats why they are revising their reserve estimates but for some reason they are pumping more oil per day than what their quota is. Interesting



What do you think a quota is?

A quota has ZERO to do with what a field is capable of producing.

It is a FACT that oil production has dropped over the last 4 years while while MORE money is spent to retrieve the lessor amount of oil.

Simple math says that makes the price of oil go up. At the rate of increase, the price will be over $5.00/gallon in CA within 3-4 years and across the entire US in no more than 5.

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And you don't think that how the technology in the last 100 years has changed that we won't expand even more technologically?



Sure, we're likely expand more in 100 years.

Too bad our economy will hit the shitter within the next 5 years as the price of oil skyrockets creating a huge hinderance for the development of alternatives.

Come on now, I've provided you lots of FACTS from a variety of different sources. If you're going to counter my claims, back 'em up with some substance. The only thing you even respond to are my subjective statements.

Maybe you'll listen to the Energy Advisor to the President of the United States:

"...The solution is to pray. Under the best of circumstances, if all prayers are answered there will be no crisis for maybe two years. After that itâ??s a certainty.


Or maybe something not quite so dire (he is a politician, can't be too doomsday-ish), from the US Secretary of Energy:

America faces a major energy supply crisis over the next two decades. The failure to meet this challenge will threaten our nation's economic prosperity, compromise our national security, and literally alter the way we lead our lives."

Those guys certainly have no reason to make the problem sound worse than it is. In fact they're very likely to make it sound BETTER than it really is.

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