Yamada: Oil Could Pass $450 in a Decade

MoneyNews email | June 2, 2008 | MoneyNews

[Eric in the Ozarks]

You’re overlooking the reason we need oil; gasoline. We’re within ten years of having commuter cars that run on batteries. More base load power plants will be required but this is within our reach. Batteries and the grid will be the replacement products.

[Malsua]

While not cold fusion, you forgot the Polywell.

[TexasGunLover]

If the price gets close to $200/barrel, you will see a lot of Vespas on city roads, as SUV’s die away.

Not at $200/barrel. I wouldn't even think of getting rid of my 12 mpg SUV at that price. If I extrapolate the cost of a gallon of gas at that price, I wouldn't even curb consumption until $450-$500 a barrel.

I think you'll find there are a lot of people that won't downsize. I can't even think of a realistic price where I would consider it.

[verity]

There will be a “tipping point” and I think it will be below $450.

[Mike-o-Matic]

  you forgot the Polywell.

Well, I was lumping that under IEC (#5 in my list) but technically since it's a hybrid both of IEC and magnetic confinement techniques (according to Wikipedia) you may have a point there.