>>if oil slips under $80 the pumps will go full tilt to make up the revenue shortfall

... agreed

>>pushing oil down further and further, imo we'll hit BTU parity with NG within 5 years.

... if oil hits parity with ng within 5 years

... what will be the effect on demand for commodities over that time

... with regard to China, but more importantly, India who is much earlier in its growth cycle ... 1.2 billion and counting

... and what then will be the effect on population growth in all emerging nations

... and what then will be the effect on the price and availability of oil, ng, and commoidities

... oil companies have been mis-described as exploration and production companies for decades

... without producing a drop of oil ... oil has been depleted in an orgy for decades due to mis-pricing

... b ... the cure for low prices, is low prices