Re: Saving areas from oil exploration - realistic?
[ QUOTE ]
I note that the price to recover oil in Saudi Arabia and Iraq is between $2 and $3 a barrel if memory serves.
[/ QUOTE ]
I think that's a bit on the low end, if my memory serves me that would be the cost to lift the oil, then there are additional costs to actually get the oil anywhere
[ QUOTE ]
Improving the effeciency and cost of current technologies that utilize oil will tend to reduce the demand for oil due to less consumption.
[/ QUOTE ]
Do you have any proof of this? Because everything I've read on the issue has stated otherwise. The whole Jevons "paradox " thing. The more efficient we become in using a certain energy source the more of it we use.
|