"kontiki" wrote in message
...
How dare you inject logic and reason into the subject of "oil".



I guess that I fail to see logic, reason or even relevence in the post.

You never really "run out" of anything (except perhaps dodo birds). As
relative supply shrinks the price goes up until enough demand is choked off
that equalibrium is reached again. The higher price also allows exploration
in higher cost areas. The relevent question is whether the supply is (or
will be) great enough to allow the price to be low enough for any given use.
The notion that because people have been wrong in the past about the supply
of something that they are wrong again is also flawed. We know more about
the supply of oil now than we did 10, 30 or a hundred years ago. We also
know that demand is also vastly greater than 10, 30 or a hundred years ago.

The whole "will it run out" question is pretty simple. The supply is finite
and the consumption increases continously. It either runs out eventually or
the price goes up high enough that consumption stops growing.

Anyway, avitaion fuel prices probably have more markup at the FBO level than
actual petoleum cost.

Mike
MU-2