wrote in message
oups.com...

Well, no, Dale. Most people would consider "running out" to be the
point where we absolutely still must have it and there isn't any to be
gotten.

No, "running out" means "it's all gone" like running out of passenger
pigeons.

Extinction of a passenger pigeons isn't quite the same thing as extraction
of oil from the ground. Not all passenger pigeons died at the hands of man
and not all of the ones that did were bought and sold.

As price goes up, demand will drop, as demand drops, price
falls, until oil becomes rarely used and very cheap, but even at a slow
rate of usage, it will eventually be all gone.

Doubtful. As oil usage slows to a standstill, there will be deposits of oil
in the ground that are undiscovered (too expensive to find such a small
deposit) and there will be deposits that are known about, but are too
expensive to extract.

Jeff
--
"They that can give up essential liberty to obtain a
little temporary safety deserve neither liberty nor
safety"
- B. Franklin, Bartlett's Familiar Quotations (1919)