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Old 02-16-2011, 12:19 PM   #227
Mal
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Re: Remember remember the 25th of January

Quote:
Originally Posted by Nerox View Post
By the way Mal, we once discussed the topic of the Oil Sands...I read today, that China is hording that stuff like crazy. Seems like that we have to buy our oil from china in 50 years.
I think any hording being done by China is, at the moment, meant only to increase their "personal" supply so they aren't immediately hit by ever increasing oil prices once we hit peak oil (which should be happening soon, or already has). By 2050, unless there is a drastic change in oil consumption, oil production will be roughly half of what it is today.
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Darth-Nero (02-16-2011), Nerox (02-16-2011)