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To: AdamSelene235
The upside is that at $100.00/bbl enough shale oil, coal gassification and more difficult tar sands deposits will be economicall viable to make us not only energy independant, but net exporters.

You're thinking in constant dollar terms. It very well may be that when oil hits $100/bbl that $100 has the purchasing power of $70 today meaning these techniques will not be viable.

I think oil will hit $100.00/bbl within 18 months. I don't see any significant inflation out there in that time frame.

SO9

97 posted on 08/08/2005 11:01:20 AM PDT by Servant of the 9 (Trust Me)
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To: Servant of the 9
I think oil will hit $100.00/bbl within 18 months. I don't see any significant inflation out there in that time frame.

Er, ok. Do you work for the BLS?

100 posted on 08/08/2005 11:03:34 AM PDT by AdamSelene235 (Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
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