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To: D Rider
Actually, using up all the cheap petroleum is the way to go. Once cheap oil is removed the price will drastically stabilize.

If you haven't noticed at $75/bbl it ain't so cheap these days, and if we use more it will also be more expensive.

10 posted on 05/02/2006 12:50:52 PM PDT by Realism (Some believe that the facts-of-life are open to debate.....)
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To: Realism
If you haven't noticed at $75/bbl it ain't so cheap these days, and if we use more it will also be more expensive.

$75 a barrel is cheap, and it comes out of the ground for a buck a barrel, (in the middle east.) It will get very much more expensive before it is all said and done.

We can make petroleum for $80/barrel, but cannot take advantage of those technologies as long as our prices can be undercut.

16 posted on 05/02/2006 2:28:35 PM PDT by D Rider
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