To: GailA
Readers of this post need to understand the following:
1. We need a long term energy policy with Coal and Atomic power leading the way replacing all of the peaker units now generating electricity with natural gas and crude oil. It now takes 10 years from start to finish to build a new large electrical power plant, and 20 years for nukes.
2. Current Oil in the ground estimates that around the year 2010 most all known reserves of oil will have been located as 90% are known today.
3. The washington bunch needs to act now for the energy package.
By the way in todays dollars as a percent of takehome pay, do you know when we paid the most for gasoline in the last 30 years, last 100 years?
So in my opinion to whine about fuel prices most who talk about it don't know what they are opining about?
To: CHICAGOFARMER
2. Current Oil in the ground estimates that around the year 2010 most all known reserves of oil will have been located as 90% are known today. Theoretically, how does one know by what % one has discovered and unkown quantity?
13 posted on
03/29/2004 5:04:11 PM PST by
Rodney King
(No, we can't all just get along)
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