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Reply #70: Actually that is the point... [View All]

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Home » Discuss » Archives » General Discussion (Through 2005)

Solon

(1000+ posts) Send PM | Profile | Ignore

Sun Jan-02-05 06:52 PM
Response to Reply #63

70. Actually that is the point...

It has nothing to do with trust on our part to oil companies, they have been OVERESTIMATING their reserves for 2 decades now. For their own well being, it is in their best interests to keep oil as cheap as possible, because its the quantity that makes the most money. Because of this, it is in their best interest to actually downplay peak oil, what use is all this black gold under their feet if they can't sell it, because it is too expensive?

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