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Old November 7th 07, 09:20 PM posted to rec.aviation.piloting
Mark
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Posts: 5
Default $98 per barrel oil

Bertie the Bunyip wrote:

"aluckyguess" wrote in :

The worst part is I dont see any end in sight.


Of course there is an end in sight. The oil won't last forever and hat will
be an end to the problem of rising prices. The last barrel will be almost
priceless and the price will rise slowly and then exponentially until then.
Or it could become worthless grime when someone invents Mr Fusion.


Agree with you up to exponential. As costs rise demand will
eventually lower so that will slow it down a little. And the stuff
that is currently uneconomical to drill today will become economical
to drill at higher prices per barrel. But yeah sometime we do
completely run out - it just won't be sudden.

And Mr. Fusion is going to be a bitch to fit anyway. I just know the
plasma containment magnets aren't going to fit a O-320 engine mount.