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View Diary: Countdown to $100 oil (40) - Oil production plateauing (198 comments)

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  •  oil shale won't work (1+ / 0-)
    Recommended by:
    Nerdsie

    sure, there's a lot of oil in there, but it takes more energy to get it out than you get out of it.  

    i'm with you on the party party thing.

    "When the power of love overcomes the love of power, there will be peace." - Jimi Hendrix

    by CharlieHipHop on Mon May 14, 2007 at 10:27:04 AM PDT

    [ Parent ]

    •  yeah (0+ / 0-)

      i know that about the oil shales. But at least once a week the Motley Fool emails me and says "invest in this company! Oil Shales will save us!"

      I'm thinking that oil will stay in the ground and we'll move on to something else.

      Iceland for one thing is going completly off of oil, so I know that not only can it be done, it's also not the end of the world. But I'll party party anyway, just in case.

      all Along the Watchtower...... blogroll

      by terrypinder on Mon May 14, 2007 at 10:30:40 AM PDT

      [ Parent ]

      •  Iceland is unique (1+ / 0-)
        Recommended by:
        Inky

        Iceland has geothermal resources which aren't matched anywhere else in the world.  It is those geothermal resources which will enable them to go completely off of oil if they want to.

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