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Uploaded by on Nov 3, 2007

Insight on whether the oil supply will head lower, with Vijay Vaitheeswaran, The Economist correspondent/author and CNBC's Carl Quintanilla.

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News & Politics

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  • What a joke! Who is this bozo? If I were to bet on where the price of oil will go I will bet on Mathew Simmons and T Boone Pickens EVERY TIME! Two billionaires versus a fiction writer. It's a no brainer.

  • I don't take seriously anybody who thinks that oil comes from "the bones of crunched up dinosaurs"

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  • fuk usa bitches.. wake up consumer societies. mther fukers.

  • why arnt we digging deep for hot stuff to create steam lol it doesnt keep the cars going numb nuts we have nuke plants for energy to warm my house

  • THE SWISS AND SUEDES DO THIS

  • search for "Hot Dry Rock"

  • If we dig down very deeply, we find a place that is very hot. It is hot enough to boil water. This makes steam. This turns turbines. This makes energy.

    Why aren't we developing this energy source?

  • Oil is running out. It is not an energy source for the future.

    What are we doing about alternative sources of energy?

  • I agree, oil IS a finite resource, it took millions of years to form and cannot be replenished unless you have the patience to wait another few million years. Countries around the world now realise this peak is here hence Iran wanting to build nuclear power plants. We need to release alternative energy generation methods, as the current method is unsustainable!

  • Who ever thinks that oil magically grows from the ground needs to get his head examined. Oil is a limited resource just like how fresh water.

  • although i think inhaling the fumes from a car running on cannabis might be an interesting experience, i have some reservations about your solution.

    whats the energy return from cannabis? wont be much compared to gasoline, how much would we need to grow to run todays fleet of cars and trucks? i don't think we would have enough farmland.

    finding a balance with renewable fuels would require sacrifice from us westeners, not likely in my opinion.

  • It's still an extremely unknown and distorted subject.......

    Hell, they'll all still be talkin' the same BS (save Matt and Colin C., and few others) when Oil hits +$220 this time next year!

    Wait, that sounds outrageous... :)

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