End of Days

Interesting stuff thanks! Maybe some random desert land is about to become much more valuable.

So, back to gas prices, around here most places only have premium left, selling for about $3.45/gal. Pretty good price for premium based on what y’all are seeing for 87.

 

The study was done in Europe by an NGO. I will believe it when it comes to fruition.

 

Lots of up front investment will be required obviously. Typically major technology transitions like this come with an economic “push”, for example, gas prices ballooning out of control. But for such a long lead time in technology, infrastructure, and raw resource development required, I get why it would be theoretically necessary to get out ahead of the economic need. It will be very, very interesting to see what all of this looks like ten years from now.

Reminds me of what an economics prof said years ago in one of my classes: in a capitalist economy, we will never actually run out of any resource, because the price rises as the resource dwindles. To the point where very few can afford the resource, so it never quite gets completely consumed.