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Originally Posted by yys
The worlds not running out of oil; it's running out of cheap oil.
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Agreed. And, the reason the world will never 'run out' of oil should be clear to anyone who's taken even the most basic economics course. If oil were ever really that scarce it would be reflected in the price - when the price of using oil is prohibitive vis a vis other products, then there's something called 'substitution' that takes place.
Is there an online university that offers ECO101 for cheap? As anyone who participates in these threads should be forced to take it before speaking.