Re: ENERGY: Singularity on hold?

From: Robert J. Bradbury (bradbury@aeiveos.com)
Date: Sat Jun 14 2003 - 22:15:58 MDT

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    On Sat, 14 Jun 2003 EvMick@aol.com wrote:

    > In a message dated 6/14/2003 7:41:16 PM Central Standard Time,
    > Spudboy100@aol.com writes:
    >
    > > Best guess for location is in Alaska, and overseas, in a grand replication
    > > of OPEC
    >
    > or maybe not...
    >
    > Run a Google search using something like "Gulf of Mexico Oil Discoveries"

    EvMick, I'm reasonably up-to-date on the GoM oil and gas situation.

    It is a very high risk, high cost production environment. It will delay
    the increase in dependence on foreign oil caused by the depletion of
    many old onshore oil fields but it will not make a big dent in the
    problem given our current consumption rates. (Go back to my original
    post in this thread -- Simmons seems to really know what he is talking
    about and if he thought the GoM would make a dent in the problem I believe
    he would have said so).

    I think spike may have pointed out hybred vehicles -- that is probably
    the way to go over the next decade or so. The trick will be to make
    them as "attractive" as other current popular automobile choices.

    Robert



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