Subj : Re: Larry King To : alt.tv.farscape From : weirdwolf Date : Thu Sep 01 2005 00:35:04 From Newsgroup: alt.tv.farscape John Iwaniszek wrote in news:Xns96C3C5CB9401Cjoiwhnanri@66.26.32.9: > weirdwolf wrote in > news:Xns96C436BA28C5r73u67jw56nas@80.5.182.99: > >> John Iwaniszek wrote in >> news:Xns96C3C0A432687joiwhnanri@66.26.32.9: >> >>> weirdwolf wrote in >>> news:Xns96C3F2A77A5Er73u67jw56nas@80.5.182.99: >>> >>>> John Iwaniszek wrote in >>>> news:Xns96C3BF19CC368joiwhnanri@66.26.32.9: >>>> >>>>> weirdwolf wrote in >>>>> news:Xns96C3E488061D5r73u67jw56nas@80.5.182.99: >>>>> >>>>>> Tyler Trafford wrote in >>>>>> news:3nmla3F2a6dfU2@individual.net: >>>>>> >>>>>>> weirdwolf wrote: >>>>>>>> Tyler Trafford wrote in >>>>>>>> news:3nmkgoF2a1tqU1 @individual.net: >>>>>>>> >>>>>>>>> weirdwolf wrote: >>>>>>>>>> Steve Brooks wrote: >>>>>>>>>>> weirdwolf wrote: >>>>>>>>>>> >>>>>>>>>>> >>>>>>>>>>> >>>>>>>>>>>> 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 >> > > It used to be that they could sow down pumping to control the supply. > Now the pumping capacity has maxed out. That doesn't mean that peak oil > has come and gone, it just means that the current equipment has reached > its limit. No but the decline in production in places like the North sea and the sudden interest in stuff like tar sands is could be an indicator. There is so litle knowledge about the availability, economically and feasably, of oil supplies that this is all suposition. Ted -- Stare too long into the abyss and the abyss looks like a nifty place to hide the bodies .