Originally posted by scooterscot
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With electric and hybrid cars starting to (albeit slowly) pick up, bio-fuel, and development of more and more efficient cars they're starting to run scared of losing a major source of demand, and who knows what the future will bring in terms of other fuels.
At the moment demand is still driven by power and industry. Nuclear is obviously looked at differently in different countries, wind, solar and hydro are not all that major yet, but gas is big and coal still common, whereas oil fired powerstations are starting to disappear. Industry needs plastics, but I have no idea how big a share of oil goes to this (and can't be arsed to look it up).
As prices for oil rise it makes other technologies more attractive.
Not forgetting the US have proven to be a little bit tetchy when it comes to shortages of oil.


, you naïf.
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