Quote:
Originally Posted by He111
so ... should I sell my oil shares yet?
I always thought bacterial oil would be the next big thing? pump hot C02 from power plants straight into a huge VAT .. add sunlight and you get oil.
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Don't. There is more done with oil then just petrol. Everything that is made out of plastic, as a starting point. And given the rising costs of Oil exploitation, it won't become cheaper anytime soon. Even if the first western nations manage to switch over to alternatives, the BRICS and other developing countries will need a decade or two longer to provide similiar infrastructure. Petrol won't go away that fast.