 | CLK08 closed around $114 (Tres Yergins) yesterday..so, in the next 60 days, the front month price of CL will... | The Oil Drum | Hydrates updated |  |
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New price of oil in soldiers per barrel?
Too far?
Only if calculating the price of Ethanol in Third World Refugees per mile is going to far as well. Thats the scale for the next 5-10 years, after that it just becomes the poor in general.
Hmmm... so in another discussion it was something like one barrel of oil does the equivalent work of 128 people.....so 128 less people equals 1 barrel of oil? Any volunteers?
The poll is difficult because of the $unit. Is there some sort of a market-basket in which we could price it? We can't price it in energy units - or can we? Pricing in dollars - well, bail out Citibank and yeah, it will be over $127. Is that or is that not exactly the issue? Soldiers per barrel, hmmm, what do we do about the fractions - an arm and a leg? And there is really only one Yergin - unless his family wants to get in on it - so that doesn't work as a pricing unit.
What I'd find much more interesting would be a poll on the EROEI for all liquids - assuming such a number could be calculated. Maybe there are ten different metrics ranging from soldier per barrel to failed bank per barrel and count-of-billionaires-on-planet per barrel. Like the caviar index.
cfm in Gray, ME
Should probably be lives per gallon as more than just soldiers will be hit.