I agree completly with him... but, as afghooey says, the oil companies will do everything they can to minimize their costs, even if it mean the destruction of our world as we know... for me, there is not any hole in his argument, its perfectly true.

Quote Originally Posted by 4twentE
Wonder what else that chart/procedure/whatever could be applied to.
That procedure is used in games theory, for choosing the best decision to take, based upon risks of winning and losing. It can be applied to everything you wish. Thats a logical and math-based procedure (even if he didnt put numerical values for the probabilities of each one thing happens, what could be done), so thats why i think its an undeniable (cant find better word) argument.