for the long-termers, page-63

Interesting conversation gents :

Robocop : Do you have a reference for the July 11 2008, Id like to read whom and on what basis. From what im reading, that may well be right.

Strat ect : Thanks for your input. Should peak oil be behind us, then Ive no doubt once the world realises it, there will be a massive shift of investment to electric cars, gas powered shipping ect. 60-70% of oil is used for transportation.
The fishing industry uses 13 Billion gallons annually to catch 80 million tons of fish.
Going electric with transportation using dirty coal fired power stations, is still cleaner than having combustion engines power our vehicles.
There are many variable's that could keep us a hairs breath from peak oil. Most consensus seems to average a 2% drop off/ann. This means out of the almost 900 million cars on the road, and growing at 50 mill/yr, 18 million/yr would need to be replaced by electric.
Surveys show that, a consumer even through education, knowing that the right thing to do is to buy the cleaner option, will still buy A) the cheaper or B) the more powerful ie useful. Amazingly the consumer will even buy the cheaper one, knowing that its more expensive to operate and that after 3-5 yrs, it ends up way more expensive. The phycology is "thats tomorrow, I shall worry about it then. This is why Govt policy is a must. Unfortunately govts are interested in a 4 yr time frame or whatever will vote them in.

And there in is the opportunity.....The gap between Govt policy, Consumer phycology, R & D investment to improve product quality to compete with combustion vehicles and the real world. These issues in my opinion are lagging well behind the time we have for peak oil to catch oil consumption.
That crossover point could be next yr or in 10yrs depending on many variables. The later it occurs the better for all of us, the earlier it occurs the better for Nido and its investors.

Nido will still be good regardless of Peak Oil, that will be the icing should it occur in the investors time frame.