Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: RightWhale
In Hitler’s Germany they used process oil because there wasn’t enough pumped oil. With that they were forced to rationing and they still ran out.

This doesn't have anything to do with anything. Hitler was running a costly war-machine, not a free-market economy, and it ran out of resources because it was bent on waging war. This doesn't prove it's impossible to get those resources (if that's what you're saying - it's not clear what you're saying). Shortages - of rubber, metals, etc - are common in wartime but this does not somehow prove that rubber, metals etc are impossible to bring to market.

Even if price were no object process oil will never produce to meet cheap oil.

Price is certainly NOT no object. Price is basically the only object. But the price (of oil) just has to be high enough (and it was you, not I, who insisted the price would keep rising indefinitely) to make shale oil worth producing; if it is, then (absent other barriers like regulations, etc.) one assumes people will do it. If you think not, you haven't explained why.

That said, I admit I don't know whether process oil will ever "produce to meet" cheap oil, because I don't know what one thing "producing to meet" another thing means. (I doubt it really means anything.) But who cares if it "produces to meet" (whatever that means) pumped oil? Again, I'm puzzled as to what you think that has to do with anything.

39 posted on 07/23/2007 4:16:43 PM PDT by Dr. Frank fan
[ Post Reply | Private Reply | To 36 | View Replies ]


To: Dr. Frank fan
it was you, not I, who insisted the price would keep rising indefinitely

You may have me confused with Goldman-Sachs. Not even Peak Easy Oil Theory contends the price will rise indefinitely.

43 posted on 07/23/2007 4:22:42 PM PDT by RightWhale (It's Brecht's donkey, not mine)
[ Post Reply | Private Reply | To 39 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson