X-Message-Number: 20065
Date: Sun, 15 Sep 2002 13:45:54 +0200
Subject: Re: Progress stagnating... 
From: David Stodolsky <>

On Sunday, September 15, 2002, at 11:00  AM, CryoNet wrote:

> Basically fossil fuels represent sunlight stored from past ages that 
> we've

This is by definition true. However, are oil and gas mainly "fossil" 

Proven reserves of oil and gas have been increasing since records have 
been kept. And keep in mind that these are "proven" reserves. What point 
is there for a company to spend money to prove it has oil in reserve for 
more than 30 years?

In terms of real economic value, the cost of energy has been falling 
thru out history (long-term trends, local shortages are great profit 

An alternative hypothesis is that methane is evolving from deep inside 
the Earth. It has been suggested that this evolution drives the movement 
of the crustal plates. There is evidence of deep gas from measurements. 
Also, there are places in the Caspian Sea region where oil has been 
bubbling out of the ground for over 100,000 years - a finite near 
surface source is ruled out by this.

However, the perception of shortage is crucial to maintaining high 
prices and profits, motivating otherwise pointless, for the tax payer, 
interventions in other countries, etc. All of the evidence says "no 
shortage." So, this looks like an other case of "over population," that 
is, an attempt to distract attention from corrupt practices by a ruling 
elite by claiming a physical cause of shortages and high prices.


David S. Stodolsky, PhD    PGP: 0x35490763    

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