Quote:
Originally Posted by Butterfly Quote: |
Originally Posted by bkkandrew Quote: |
Originally Posted by Butterfly First, demand for oil is price elastic in the long term, not in the short term, as it takes time to adjust oil consumption habits. | It is not possible to state this, as for a large part, new technology is required for the conversion to take place. This technology has yet to be invented, implimented or funded. | Another jewel for posterity, just in case you start claiming you were right all along and never said anything like that  |
So you have invented a replacement technology for mass use of oil then? I think we should be told!
