Re: THE END OF CHEAP OIL

tom abeles (mailto:tabeles@tmn.com)
Mon, 4 May 1998 07:34:53 -0500

Message-ID:  <354DB5ED.C0B@tmn.com>
Date:         Mon, 4 May 1998 07:34:53 -0500
From: tom abeles <mailto:tabeles@tmn.com>
Subject:      Re: THE END OF CHEAP OIL
To: mailto:DEVEL-L@AMERICAN.EDU

Jay

I don't know if we are saying the same thing, but only differently. First, I agree that the depletion can potentially create a catastrophe within the human population. But there is a process and a path during this depeletion. The question then has to be asked as to whose "Ox will be gored". And as long as the coin of the relm is decoupled from hard goods, then the "ones and zeros in the banker's microchips" will prevail.

cheers

tom abeles