posted on Oct, 5 2012 @ 01:01 PM
reply to post by sylent6
If you ask me, the oil business is doing what it can to profit in the time it has to profit. In the next 50 years the oil business is going to shrink
in its proportioned share of the economy.
The biggest reason? Changing consumer interest. Consumers don't want to pollute. I don't care if they find cheaper ways to drill or refine to market
the oil or gas products. Pollution, pollution...
If they want to preserve themselves they need to clean up the pollution. If they can't find a cheap solution then they're going to lose a lot of
ground. Oil will always be useful, though. There're some things that only oil can do at effective prices. But the pollution problem is a very big
Some people say it's all economics. That whatever is cheap sells. But the thing is, more and more people are against fossil fuels because of the
pollution, not because of the price.
Please note there's a generation of kids brought up in our school system that were taught about AGW and about how fossil fuels pollute the planet.
They'll be our policy makers someday.
Same thing applies to coal power plants.
edit on 5-10-2012 by jonnywhite because: (no reason given)