tag:blogger.com,1999:blog-30412165.post4846189703711368119..comments2023-11-22T14:49:33.646+00:00Comments on Coventry Green Voice: Rising Energy Bills And Renewable HeatStephenhttp://www.blogger.com/profile/13772134921658196533noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-30412165.post-88906154975868379502008-07-08T21:49:00.000+00:002008-07-08T21:49:00.000+00:00'peak oil' isn't here yet, there is simply a lack ...'peak oil' isn't here yet, there is simply a lack of refineries.<BR/><BR/><BR/>the 7 oil tankers moored in iranian ports with nowhere to refine them (high sulphur) is evidence of this.<BR/><BR/>also, you need to price in real terms - inflation is going mental at the minute & all figures quoted are totally inaccurate<BR/><BR/>also, there are more countries than you think with huge gas supplies, kazakhstan, tadjikistan, turkmenistan, uk (shetland), nigeria, venezuala the list is endless. if u are anti oil, fine but why perpetuate the ridiculous notion that prices will never drop?<BR/><BR/>i reccomend Danial Yergin's 'the prize' as it charts the history of the oil industry and is pretty good evidence that this period of price rises, like the others is a result of political (high risks atm), economic (low price = low investment) and psychological (whay we believe is whats true) factors. <BR/><BR/><BR/>an interesting point for you to pick up on would be his analysis of japan and germany's quest for oil and the parallels that we see today.Anonymousnoreply@blogger.com