According to a geologist at Princeton, OPEC oilfields have reached
their peak and now are at the tipping point for decline. He argues
that this, coupled with (a) increasing demand for oil from India and
China, and (b) the paucity of new oil discoveries, means that the
end of cheap oil is over. If we think oil is expensive now, wait a
few years. He argues that during the next five or six years, oil
will reach $200 a barrel.
Hugo
- In peugeot-L@yahoogroups.com, Ben Pender <ben_pender@y...> wrote:
>
> > Eduardo,
> >
> > I don't know, give us another 9-12 months with
> > these
> > ridiculous (to us, at least) fuel prices, and there
> > might just be a market for it.
> >
> > I realize that the hurricane is the primary reason
> > for the spike in fuel prices over the past week, but
> > that still doesnt explain the spike in fuel prices
> > over the past 6 months, or even last several years.
> > Its quite telling that the petroleum companies
> > reported a $7.5 BILLION increase in revenues in the
> > first quarter of this year, which is an increase
> > OVER
> > what they made last year. You can't tell me that
> > these companies are raking it in. Anyway, the point
> > of this is the petroleum companies better start
> > curbing their greed, because, another 12 months of
> > this, and the Americans might actually begin to curb
> > our thirst for the stuff, and demand will drop,
> > ultimately cutting into the potential profits of the
> > petro companies. Remember the gas crisis of the
> > 70's?
> > After a while Americans woke up and dumped the gas
> > guzzlers (only to return to them 20 years later).
> >
> > I would love to see a fuel efficient Pug back in
> > the
> > states. I would even consider buying one. If you
> > can
> > make them tow a 4000# boat, Americans would be all
> > over them!
> >
> > Regards,
> > Ben Pender
> > some MGs
> > some VWs
> > some Audis
> > some Yugos
> > a Fiat X1/9
> > coming soon-Saab c900
> > possibly coming soon-Peugeot 405 Mi16
> >
> > --- Eduardo Kaftanski <e@nn.cl> wrote:
> >
> > > >
> > > > Where are they going to sell 30,000 of these
> > with
> > > gas prices as they are
> > > > worldwide, and not selling a single one in North
> > > America?
> > > >
> > >
> > > Would a car like the 206 sell at all in the US?
> > >
> > > They do get 32/42mpg. Diesels get 40/57mpg.
> > >
> > >
> > > --
> > > Eduardo Kaftanski
On
> > > eduardo@l...
> > > Red Hat Certified Engineer/Instructor/Examiner
> > > Gerente Ingenieria LinuxCenter LatinAmerica
> > > Mariano Sanchez Fontecilla 310, 2do piso, Edificio
> > > Birmann24, Las Condes, Chile
> > > http://www.linuxcenterla.com +56-2-4834000
> > >
> >
> >
> > __________________________________________________
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> > http://mail.yahoo.com
> >
>
>
>
>
>
> ______________________________________________________
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Received on Wed Sep 7 17:40:12 2005
