Gasprice Science

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Even tough the world needs people with bigger dreams than low gas prices, and I like to see myself as one of those people (I don't even have a driver's license yet), I still find this to be a nice way to describe the current gas-price situation (via JakeHilton.com).

Now, I won't post this without reflecting on the deeper meaning of...
... the oil-price figures. The greatest concern of the matter isn't the price of gas - rather than the price of oil. Surely, as a Norwegian (Norway is the worlds third largest oil exporter) I shan't complain about high oil prices - after all this just means that my generation will have more capital to restart the industrial sector when the oil eventually runs out (the Norwegian oil fund).

But the spin I'm going to put on it is of course the international industry that depends on low oil prices: aviation, shipping, cargo, fishing et cetera. Now, with oil prices above the USD 70-line, we're catching a rare glimpse of the Norwegian (and all other major oil exporter's) future. These are in fact the main industries that Norway is hoping to take advantage of when the oil runs out.

But how in the name of [insert whatever higher power you chose to believe in here] do you figure that to work out in the long run, with the steep oil prices we're expecting as the oil reserves run out? Alternate energy sources? Great! Well, how about Norway starting to develop such sources? That way we'll be able to continue to export energy to the world, and continue to be the world's best country to live in (source: The UN)...

Another thing; what would happen if some jihadist movement decided to take out some Norwegian offshore installations? High oil-price = need for oil = US going to more wars for oil = WW3.. ;) Nice...
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This page contains a single entry by Twisted Intellect published on September 5, 2005 2:09 AM.

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