I've just looked through my notes, and realised there is a major other cost that I'm missing. So... say you've extracted your heavy oil from the bitumen. The problem is that it doesn&#… (View Post)

FPT: Indeed. In a best possible world, where Venezuela immediately became a peacful, well governmed place, then there would need to be a *lot* of steps that would have to happen before a single bottl… (View Post)

That is quite right. (View Post)

It's true: people who invested in Netflix like me have lost... oh wait... haven't lost. (View Post)

Yawn, Given advance is energy, the world can comfortably support 40 billion people. But given falling birth rates everywhere, that isn't going to happen. Total world births will peak in my lifet… (View Post)