Quote:
Originally Posted by goober
This BTW is the Iranian's argument for why they need nuclear power, because oil is going to be too expensive to burn, they expect oil to settle out at around $500/barrel, which is still cheap for use as a chemical feedstock.
In the meantime, they know oil isn't a renewable resource, so they want to leave some for their descendants.
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I can visualize $500/gallon, especially if the US is able to continue forcing commodity trade in USD.