[Steely Tom]

There was a FR thread some months ago (like maybe six) in which a leading Saudi (it may have been the head sheikh) was asked if the world was running out of oil. He answered "no," and then made a most interesting statement, to the effect that "the world will still have plenty of oil even after the industrialized world no longer needs it." These are not his exact words, but I'm quite sure I'm getting his meaning right.

[Flavius]

all i know is that the evil exxon ceo said that fair oil price is 30/bbl and that the rest is speculation

that 45 premium we are paying is due to speculation only and since its based in fantasy it ought to crash

however, the flex cars or biodiesel based on USA farmer produces would be a nice alternative for all involved