Peak Oil

[King Cnvt]

One thing no one seems to realise is that oil replacement by fermenting corn etc. is already happening on such a large scale that world food prices are rising. In Europe we are insulated from such things, but in the 3rd world people are already getting more than a little angry that they are having to compete for food with cars.

That's why you should be pouring your spare cash into agricultural commodities via ETC's

http://www.etfsecurities.com/en/welcome.asp

[wendigo100]

A bloke up the pub told me that they've developed an engine that runs off the plentiful supply of nitrogen in the atmosphere. I said that's great - if the only by-product turned out to be nitrous oxide we'd be laughing.

[Diver]

Sod the price of food rising, I own several vehicles, my monthly fuel bill is phenominal.
If somebody can come up with a way to reduce my fuel costs by 55% even if it meant buying new vans at 3 times the current market price; to run on a new fuel that would produce the same performance, it would be economically viable.
We have become far too reliant on a resourse that is predominantly held by religious zealots and homicidal maniacs.

[bored]

Oil will never run out. Oil prices will rise over time and alternative fuel prices will fall, so at some point we'll just switch to alternative fuels/energy sources.

[wendigo100]

We have become far too reliant on a resourse that is predominantly held by religious zealots and homicidal maniacs.

Hold on, the Scots might think the North Sea oil is predominantly theirs...

[Diver]

I thought the french had bought scotland?

[wendigo100]

I thought the french had bought scotland?

Have they? I knew they'd bought Blair.

[Diver]

Have they? I knew they'd bought Blair.

Dont you ever watch the news? That was the yanks!

[wendigo100]

Dont you ever watch the news? That was the yanks!

Shh! Don't tell the french!