[dredmorbius]

The value is what it delivers.

The cost is what's required to create it.

The price is what it exchanges for.

These are three independent attributes.

Generally, though, sustainability comes when cost <= price < value.

https://www.reddit.com/r/dredmorbius/comments/48rd02/cost_va...

[maxerickson]

So the mention of the 5 million is just something akin to fear mongering then?

The horrors of oil being all used up and energy cheaper than ever.

[dredmorbius]

Excuse me?

[maxerickson]

I'm impugning your claim that the price of oil is too low.

I asked you to complete the information required to back up the claim and you rejoined with some aside about how there were multiple ways to interpret one of the words in my question.

[dredmorbius]

Answering your question above: no, it is not.

[maxerickson]

Sure it does. If it becomes trivial to conjure the equivalent, then it doesn't matter if oil is gone.

My framing is sloppy (because I only talk about the future value of oil rather than the cost of obtaining the equivalent), but I think the point survives it, because the value of oil would drop to the cost of obtaining the equivalent.

[dredmorbius]

Your framing is exceedingly unclear, frankly.

I'm not sure if you're aggreeing with me, disagreeing with me, or purple the unicorn umbrella ran ran syzzygy!!!

If you've got a specific question or point you'd like to make, please make it or ask it.

But to clarify, my statements above are made in all earnestness and as my best-faith effort to model and understand the world I see.

You?