Comments on: Will Oil Hit $200 in 2008?

By: Web

Web — Sat, 22 Mar 2008 00:01:14 +0000

Green energy is definitely the best solution in most cases. Technology like solar energy, wind power, fuel cells, zaps electric vehicles, EV hybrids, etc have come so far recently. Green energy even costs way less than oil and gas in many cases.

By: Jat Speak » India and China and Oil Prices.

Jat Speak » India and China and Oil Prices. — Wed, 09 Jan 2008 07:46:37 +0000

[...] cleantech blog Earth2Tech covered a story on rising crude prices. Crude has recently crossed 100$ per barrel and “experts” are speculating it to be over [...]

By: Nathan

Nathan — Tue, 08 Jan 2008 15:19:08 +0000

Why does it mention only India and China? Do US and Europe run on water?

No, but (to make a gross exaggeration), China and India used to. Now there going to be twice as many giant continent/nation consumers.

By: Kunal Joshi

Kunal Joshi — Tue, 08 Jan 2008 03:23:20 +0000

Why does it mention only India and China? Do US and Europe run on water?

By: Hal

Hal — Mon, 07 Jan 2008 22:39:13 +0000

Never say never, but long before Oil hits $200 there will be a severe world-wide economic downturn resulting in a dramatic drop in demand. The likeliness of that scenario would delay actually hitting $200 until well past the end of 2008.

And in another twist, $200 Oil would eliminate most opposition to drilling in ANWR and other environmentally sensitive areas, eliminate the EPA's continued meddling in fuel formulation to reduce pollution in favor of optimizing supply, and eliminate most opposition to the building of coal-fired power plants. In other words, high Oil prices are good for alternative energy. Outrageous Oil prices would be a short to medium term environmental (as well as economic) disaster.