Subj : Re: Larry King
To   : alt.tv.farscape
From : weirdwolf
Date : Thu Sep 01 2005 00:24:17

From Newsgroup: alt.tv.farscape

John Iwaniszek <Not@hotmail.com> wrote in 
news:Xns96C3C0A432687joiwhnanri@66.26.32.9:

> weirdwolf <Hooowl@hoowl.com> wrote in
> news:Xns96C3F2A77A5Er73u67jw56nas@80.5.182.99: 
> 
>> John Iwaniszek <Not@hotmail.com> wrote in 
>> news:Xns96C3BF19CC368joiwhnanri@66.26.32.9:
>> 
>>> weirdwolf <Hooowl@hoowl.com> wrote in
>>> news:Xns96C3E488061D5r73u67jw56nas@80.5.182.99: 
>>> 
>>>> Tyler Trafford <ttrafford+usenet@gmail.com> wrote in
>>>> news:3nmla3F2a6dfU2@individual.net: 
>>>> 
>>>>> weirdwolf wrote:
>>>>>> Tyler Trafford <ttrafford+usenet@gmail.com> wrote in
>>>>>> news:3nmkgoF2a1tqU1 @individual.net:
>>>>>>
>>>>>>> weirdwolf wrote:
>>>>>>>> Steve Brooks wrote:
>>>>>>>>> weirdwolf wrote:
>>>>>>>>> 
>>>>>>>>> <snip>
>>>>>>>>> 
>>>>>>>>>> Which should lead to the development of brown field innercity
>>>>>>>>>> sites and the development of better mass transportation.
>>>>>>>>> 
>>>>>>>>> Why should there be any move towards better mass transportation
>>>>>>>>> when petrol is a mere $4/gallon?
>>>>>>>>
>>>>>>>> I'm an advocate of increasing fuel prices to the consumer, might
>>>>>>>> stop people driving the 15 minute walk to the shop.
>>>>>>> 
>>>>>>> Wouldn't that just increase cost-of-living and just cause
>>>>>>> inflation? 
>>>>>>
>>>>>> Yes and no. Prices would increase as a result of increased
>>>>>> transportation costs, but you could offset that by other means.
>>>>>> The cost of living due to spiralling petrol prices is happening
>>>>>> anyway, were are talking about the same sort of prices for oil as
>>>>>> after the Iranian revolution. It will continue to rise no matter
>>>>>> what, instabilities in the middle east and elsewhere, the North
>>>>>> sea reserves are draining rapidly, the scarcity of easily
>>>>>> accesable reserves mean that unless you switch to an alternative
>>>>>> source of power that stuff like tar sands will have to be
>>>>>> exploited. More difficult to extract and to actually get to, with
>>>>>> a corresponding price increase. A lot of the goods in this country
>>>>>> used to be transported by rail I'ld like to see this return.
>>>>> 
>>>>> What gets me is how the price increases are due not to supply
>>>>> shortfalls, but by the threat of possible future shortfalls.
>>>> 
>>>> No, supply shortfalls are happening now, there is just not enough 
>>>> refining capability to produce the right fractions required.  China
>>>> has a huge requirement which is getting larger every day. This is
>>>> what peak oil is all about. Wether we've reached it yet or not I am
>>>> uncertain, lets face it I am way to stupid to understand this kind
>>>> of thing, but all the data doesn't look good.
>>>> 
>>> 
>>> Demand is presently exceeding supply.  Or is that merely stating the 
>>> obvious?
>>> 
>> 
>>  It's more than that, it's that the supply has reached is maximum 
>> possible level and that this downturn in supply is coupled with a
>> still increasing demand.
>> 
> 
> I know what peak oil is.  I was describing the current situation: 
> Pumping capacity is less than current demand. 
> 

My point is that, yes capacity has exceeded demand, but it has done for a 
while but that isn't the whole story, hence the comment about peak oil. 
In a well balanced system demand will always exceed supply.
 Ted

-- 
Stare too long into the abyss and the abyss looks like a nifty place to 
hide the bodies

.