"Bob Ward" > wrote in message
...
> On Fri, 06 May 2005 19:43:00 -0500, Scott en Aztlán
> > wrote:
>
>>On Fri, 06 May 2005 19:16:13 -0400, Mike Wilcox
> wrote:
>>
>>>
>>>
>>>DTJ wrote:
>>>> On Fri, 6 May 2005 10:07:27 -0500, barbie gee > wrote:
>>>>
>>>>
>>>>>why does everyone think it's ONLY about money saved?
>>>>>what about gasoline saved?
>>>>>we can make more money, we can't make more oil...
>>>>
>>>>
>>>> We sure seem to be. We discover more new oil every year than what we
>>>> use.
>>>
>>>Nope, last I heard we are only finding one new barrel for every two we use.
>>
>>Actually, I recently heard about some new oil pocket discovery in
>>Idaho that is apparently pretty large. Of course, just when the
>>details would be useful they escape me...
>
>
> Googling on "Oil discovery Idaho" I found the following:
> http://proliberty.com/observer/20040212.htm
> According to the best estimates of a number of respected international
> geologists, including the French Petroleum Institute, Colorado School
> of Mines, Uppsala University and Petroconsultants in Geneva, the world
> will likely feel the impact of the peaking of most of the present
> large oil fields and the dramatic fall in supply by 2010, or possibly
> even several years sooner.

The 'club of rome' fools claimed that decades ago now.

They got egg all over their collective faces, very spectacularly indeed.

> At that point, the world economy will face shocks which will
> make the oil price rises of the 1970s pale by contrast.

They made the same claim too. Didnt happen.

> In other words, we face a major global energy shortage for
> the prime fuel of our entire economy within about seven years.

Bull****. You watch.