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Fact: The world will NEVER run out of oil, he last drop of oil will have one of two values:
$0 or infinity.
In the first case, no one will want to buy it, in the second, no one will be able to afford it. But Game Theory would say that the second case is an unstable equilibrium. Therefore, the long-term stable equilibrium price of oil is $0 per barrel.
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I died.
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