Oil War and the US

Discussion of current events
neverfail
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Location: Singapore

Re: Oil War and the US

Post by neverfail » Thu Mar 26, 2020 6:37 pm

Sertorio wrote:
Thu Mar 26, 2020 4:34 pm



Hopefully in a few years time oil will not even be considered anymore as a source of energy...
neverfail wrote:
Thu Mar 26, 2020 1:10 pm
Vain hope! The trouble with cheap oil is that it encourages more useage of it.

Cost versus benefit all of the time.
Sertorio wrote:
Thu Mar 26, 2020 4:34 pm
You keep forgetting the cost of the negative externalities of the oil industry.
Such as?

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Sertorio
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Joined: Fri Dec 16, 2016 3:12 am

Re: Oil War and the US

Post by Sertorio » Fri Mar 27, 2020 5:37 am

neverfail wrote:
Thu Mar 26, 2020 6:37 pm
Sertorio wrote:
Thu Mar 26, 2020 4:34 pm



Hopefully in a few years time oil will not even be considered anymore as a source of energy...
neverfail wrote:
Thu Mar 26, 2020 1:10 pm
Vain hope! The trouble with cheap oil is that it encourages more useage of it.

Cost versus benefit all of the time.
Sertorio wrote:
Thu Mar 26, 2020 4:34 pm
You keep forgetting the cost of the negative externalities of the oil industry.
Such as?
Such as all sorts of environmental problems, including pollution. As an Australian I am sure you are not indifferent to them.

neverfail
Posts: 4951
Joined: Sun Dec 18, 2016 3:47 am
Location: Singapore

Re: Oil War and the US

Post by neverfail » Fri Mar 27, 2020 11:51 am

Sertorio wrote:
Fri Mar 27, 2020 5:37 am
neverfail wrote:
Thu Mar 26, 2020 6:37 pm
Sertorio wrote:
Thu Mar 26, 2020 4:34 pm



Hopefully in a few years time oil will not even be considered anymore as a source of energy...
neverfail wrote:
Thu Mar 26, 2020 1:10 pm
Vain hope! The trouble with cheap oil is that it encourages more useage of it.

Cost versus benefit all of the time.
Sertorio wrote:
Thu Mar 26, 2020 4:34 pm
You keep forgetting the cost of the negative externalities of the oil industry.
Such as?
Such as all sorts of environmental problems, including pollution. As an Australian I am sure you are not indifferent to them.
Of course I am not indifferent to them but I am giuded in my judgement by past ecomonic history.

I recall how after years of OPEC jacking up the world price of oil the global price dropped precipitously in 1982 - much like now. Environmental concerns and alternative energies (yes, it was an issue even then) went out the window as the world went on a binge of oil usage. History may be about to repeat itself.

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Milo
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Re: Oil War and the US

Post by Milo » Fri Mar 27, 2020 11:55 am

My usual Thorium LFTR comment.

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Sertorio
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Re: Oil War and the US

Post by Sertorio » Fri Mar 27, 2020 12:31 pm

Milo wrote:
Fri Mar 27, 2020 11:55 am
My usual Thorium LFTR comment.
You may end up being right but I do not see any developments on that front...

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