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Re: Ace Hanlon post# 113671

Thursday, 06/30/2005 11:29:14 AM

Thursday, June 30, 2005 11:29:14 AM

Post# of 495952
He got this part right (except for the part where they'd gladly give up their jobs):

"I now work surrounded by biologists and environmental scientists, many of whom would cheer (even as they paid a heavy price in lost jobs and income) if the price of oil hit $100 a barrel, because they are in a panic about the consequences of our current profligate behavior. B) The jury is still out on the "Hubbert's Peak" or "Peak Oil" hypothesis, but the viewpoint is hardly silly. If it should prove to be correct, oil prices will rise, steeply-until we get serious about fostering the kind of changes in consumption and technology which are necessary, in any case (see A). To repeat: assuming that low oil prices are viable is very dubious at best, and at worst, constitutes a species of denial."

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