Greg Daneke, Emeritus Prof.
1 min readJun 17, 2023

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Great discussion, and good numbers, but I fear I have to agree with many of the other commentators, that the death of oil is a bit premature. The current dust up over coastal fracking suggest our addiction has only got worse. Like the Canadian tar sands (where the have to add loads of hydrogen to make it into oil), we still seem to be willing to cut our own throats is we thought we could do something with the carbon in our blood . There is the obvious residual need of oil as a chemical feed stock (how else are we going the bury the planet in plastics? But there is also something more fowl afoot. What we might have is what Corry Doctorow (in a recent Medium piece) called "Venture Predation". There are still greater fools hot to invest in something that even swells a tiny bit it might be oil. I am surprised that some hedge fund did not buy up the all cremation centers, and used the corpses (not to mention near corpses) for Biodiesel.

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Greg Daneke, Emeritus Prof.
Greg Daneke, Emeritus Prof.

Written by Greg Daneke, Emeritus Prof.

Top Economics Writer, Gov. service, corp consulting, & faculty posts (e.g., Mich., Stanford, British Columbia). Piles of scholarly pubs & occasional diatribes.

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