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Re: Anyone Else Starting To Fear The Economy? » Midnightblue

Posted by Dinah on June 30, 2008, at 17:22:03 [reposted on July 6, 2008, at 13:09:22 | original URL]

In reply to Re: Anyone Else Starting To Fear The Economy? » Dinah, posted by Midnightblue on June 30, 2008, at 14:20:19

Yeah, I've seen that operators are redrilling wells that have declined in production, because now they now can drill to a deeper level.

I heard someone refer to petroleum used in the generation of electricity, and I confess I wasn't aware that anyone did that. I knew of coal plants, but I thought the rest were hydroelectric or nuclear.

Definitely no easy fix. If someone were to invent tomorrow an affordable and effective alternative to combustion engines, it would still take years and years to replace the existing vehicles. And the same with other sorts of oil consumers. Or to build mass transit systems even if they were safe, clean, and went where people need to go. It's a mess.

 

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