Ignoring the climate change issue for now;
All very interesting but does it matter if oil is dead dinos or pixie dust?
It is still a matter of who still has productive wells. The US wells have been in decline for 30 years. How long do we wait for the "recharge" 30 more years, 30 centuries ?
Why is it that out of the thousands of drilled, declining, and depleted wells around the world, the contrarian quotes the name of a single well in the Gulf to make his point.
What about the other ten thousand?
Yeah, he drilled solid granite and against prevailing theory he got oil; all 300 gallons of it.
Why is it that the oil-guy in the White House is suddenly scrambling to top-off the strategic reserve at $40/bbl ?
Hey, curious minds want to know !
[ June 11, 2004, 09:57 PM: Message edited by: Mark in NY ]