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Old 01-29-2008 | 12:12 PM
  #31  
mattisawesome
Gets Weekends Off
 
Joined: Dec 2007
Posts: 105
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From: CFI, MEI
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duke,
excellent points, but don't be so down. Everybody on this thread is all down in the dumps about everything. You are definitely right about us using oil for many products. I do not think we are at "peak" oil. We may be at traditional peak oil there are different ways of finding oil now which I have thoroughly laid out. I think the airlines can weather this and I also think that different types of fuels can be found to run planes and cars. It's things like plastics, and oil derivatives that we will need to really figure out. However, the market is due for a correction to filter some of the junk out of the system. The funny thing is this big emphasis on peak oil has been drummed up again because we've had a spike in demand over the last 3-4 years. I believe the only thing that has peaked is oil prices and I think demand will start to fall again. Other sources of oil are still there. You guys just keep flyin...there are people working on all of this and we will find another fuel.
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