Quote:
Originally Posted by vodafone_b
Yes, that is true sustaining the growth is very imporant. But has anyone thought about the possibility that, what if Oil is no longer the main stream of resources in the world? What if 10 years down the road an alternate fuel replaces Oil? People often overlook this fact, that technology is often advancing at such a quick pace that, replacing an existing technology/resources takes a matter of second.. if an alternate fuel comes along and replace oil, what is the use of all the oil we are saving for now?
looking back, this is just like the spermwhale oil back in the 1800s. People thought the whale oil is going to the main commodity for a long time, oil prices were at an all time high, until someone struck crude oil. and thats the oil we have today.
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Well it's not quite as simple as that, but yea at some point there will be alternatives. I'd say 25 years from substantial substitution is a best case scenario.