Quote:
Originally Posted by trollbait
Oil that will take ten years to reach market won't affect today's market.
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it is my understanding that this is a huge misconception...
originally it was 7-8 years, which was exagerated(rounded) to 10. now, new tech dictates as few as 3. but...
it is said there are "capped" wells, if uncapped could start the refining process almost immediately. not to mention the price (lowering) affect of the market when the terror funders know they have competition.
furthermore, the prospect of surplus(trade) and new jobs to stengthen the USD and the economy are undeniable!
bottom line...it will affect today and the future. if not now, then when?
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