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Why We Can’t Quit – Even at $100 a barrel, oil is still cheaper than a Starbucks latte.

http://www.newsweek.com/id/123482

 

 

This entry was posted on Monday, March 24th, 2008 at 6:33 PM and filed under Articles. Follow comments here with the RSS 2.0 feed. Skip to the end and leave a response. Trackbacks are closed.

One Response to “Why We Can’t Quit – Even at $100 a barrel, oil is still cheaper than a Starbucks latte.”

  1. ben stagg said:

    A very interesting article by a ‘dyed-in-the -wool’ oil man who speaks Arabic and Farsi.
    Even he can’t see how oil demand can be met by 2015, and he also says about cars, “We should certainly increase hybrid ownership, but I believe that hydrogen fuel cells are the breakthrough technology we need.”
    I have had the same thought, but keep being told that it is too energy consuming a process and too uneconomical. Not once has this been backed up by actual figures, and my suspicion is that it is a matter of scale.
    In other words we must go for it, big time, to make it work for us.

    Posted on 25-Mar-08 at 3:07 am | Permalink

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