Earlier quoted context omitted.
> I'd be more concerned about how gas is feedstock for pharma, and fertiliser. Would you elaborate on what you mean by this? I don't follow.
Gas, including ethylene from oil production, is used heavily in pharma, plastics and fertiliser production. If oil becomes uneconomic to produce, the supply of drugs, explosives, plastic and fertiliser is at risk, at the very least of price shocks. Peak oil is not really just about untapped stocks, it's about the economics of supply and consumption. We won't "run out" of oil, it will stop being viable to produce it w…
Now I follow. Thanks for the clear and patient reply!