Ottawa Carbon Plan to rely on technology that pumps carbon emissions into the ground

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-- Ottawa Carbon Plan to rely on technology that pumps carbon emissions into the ground
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Posted by Orko on Mar-12-2008 18:02:

quote:
Originally posted by malek
actually its the opposite, oil is more expensive to make those developments worthwhile, and not the opposite.

Oil price increases in anticipation of the costs to replaces current reserves. If the price to replace a regular well (for example) is twice as much, then price will be inflated to gather enough money to fetch that hard to get oil. Wars, katrina, etc are all bullshit and excuses to appease the "people".

Good point.

Posted by malek on Mar-12-2008 18:13:

There's an amazing book about oil and its history but its in French only... sadly.

It was a real eye opener for me at least.

The whole world runs on oil, our era was built with it. Not soon it will be replaced, and wars will be fought for the last drop. Because oil equals the survivance of the civilization, not only profit is done with its extraction and sale, but every liter of oil let us produce goods and services far exceeding its cost, our quality of life depends on it, hence the famous : "The American Way of Life is Not Negotiable" by the Bush administration, its implication are far reaching.

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