Post
Topic
Board Economics
Re: Long term OIL
by
Sithara007
on 12/02/2017, 14:46:21 UTC
That's not the only way. The far better option is continuing to develop renewable energy so that nobody has to give a damn about oil anymore. There's no reason to drill in any protected area. We're not that hard up for oil. And once we're off it, or we've severely reduced our need, we can let the rest of the world wallow in in the misery of having a foreign policy designed around securing oil from the Middle East or elsewhere.

We've been trying to develop the renewable energy alternatives for the past many decades and there has been hardly any success. And I don't think that it will happen in the near future as well. So it is important to find other viable resources of crude oil.