GM and Chysler Bankruptcies

[Kevin]

Hi,
True, until some major change comes along. Remember, our 'throw away' aluminum was once a precious metal.

--Pete

Valid point, but slightly off argument. It was known that aluminum was common, it was just not easy to extract. Once the electrolysis methods were discovered and refined that changed. So it was precious due to scarcity in pure form, but even while it was valued so highly it was known that there was a lot more of it. Oil, is slightly different in that it's significantly more finite and has been known to be very finite for a long time.

But there are still plenty of unknown on unknowns that could crop up (not sure if there is a known unknown involved in oil like with aluminum where it was know that if you could extract it more readily from bauxite that you would be able to get a lot of it, but it was unknown how to do that).