Cheap oil for ever!

[Mega]

http://www.newsweek.com/id/193499/page/1

Mike

[Starving Steve]

Re: Cheap oil for ever!

http://www.newsweek.com/id/193499/page/1

Mike

May I take the opposite bet: the Peak Oil Theory bet?

While it is possible that Pres. Obama may walk on water, where is the oil going to come from to power the world? Or am I to assume that Putin will lower oil prices to meet a brisk world demand for oil? Am I to assume that Putin will cut the Americans some slack when it comes to oil, especially after the economic hard-landing the Americans gave the Russians after the Soviet Union collapsed?

And where is the next mega-discovery of oil going to come from? Saudi-Arabia is past its peak. Kuwait is past its peak. Mexico is past its peak. The North Sea is past its peak. Everyone is past their peak.

Solar energy is a joke, but let the Americans discover the obvious. This is going to be hilarious--- watching people spend thousands of dollars to extract a penny or two per day of energy from the sun. (But every penny helps.)

There are no easy answers except for atomic power, and the idiots in the Obama Administration are not friendly toward that solution. So long as the idiots run America and the world, there will be no future at all except for inflation and falling living-standards.

Conservation can help. Maybe Detroit's big three auto companies have learned their lesson. Or maybe Detroit will still produce Hummers and Land Rovers in spite of Peak Oil.

Iran could help with a solution, maybe? Pass the pot-pipe if you believe that.

Nat gas will help, for sure. But America has not even taken the first steps to converting motor vehicles to natural gas..... So another toke on the pot-pipe, please.

Windmills will help on the Great Plains from Saskatchewan to Texas because the wind never stops blowing at hurricane force. But in other locations, especially California, windmills are another joke for pot-heads.

So that doesn't leave much.... Ethanol is a money-loser and energy-loser for everyone except billionaire farmers, and I am sick of subsidizing the farm lobby.

Alberta has heavy oil, and that would provide an answer for decades to come. Atomic power will provide an answer for decades to come. Hydro-electric dams will help too. Conservation and rigid fuel efficiency standards for motor vehicles will help too. And there is not much else except for doing-without.

For now, I'll take the Peak Oil bet, thank you. And you can take the pot-pipe and solar power.

[metalman]

Re: Cheap oil for ever!

May I take the opposite bet: the Peak Oil Theory bet?

While it is possible that Pres. Obama may walk on water, where is the oil going to come from to power the world? Or am I to assume that Putin will lower oil prices to meet a brisk world demand for oil? Am I to assume that Putin will cut the Americans some slack when it comes to oil, especially after the economic hard-landing the Americans gave the Russians after the Soviet Union collapsed?

And where is the next mega-discovery of oil going to come from? Saudi-Arabia is past its peak. Kuwait is past its peak. Mexico is past its peak. The North Sea is past its peak. Everyone is past their peak.

Solar energy is a joke, but let the Americans discover the obvious. This is going to be hilarious--- watching people spend thousands of dollars to extract a penny or two per day of energy from the sun. (But every penny helps.)

There are no easy answers except for atomic power, and the idiots in the Obama Administration are not friendly toward that solution. So long as the idiots run America and the world, there will be no future at all except for inflation and falling living standards.

Conservation can help. Maybe Detroit's big three auto companies have learned their lesson. Or maybe Detroit will still produce Hummers and Land Rovers in spite of Peak Oil.

Iran could help with a solution, maybe? Pass the pot-pipe if you believe that.

Nat gas will help, for sure. But America has not even taken the first steps to converting motor vehicles to natural gas..... So another toke on the pot-pipe, please.

Windmills will help on the Great Plains from Saskatchewan to Texas because the wind never stops blowing at hurricane force. But in other locations, especially California, windmills are another joke for pot-heads.

So that doesn't leave much.... Ethanol is a money-loser and energy-loser for everyone except billionaire farmers, and I am sick of subsidizing the farm lobby.

Alberta has heavy oil, and that would provide an answer for decades to come. Atomic power will provide an answer for decades to come. Hydro-electric dams will help too. Conservation and rigid fuel efficiency standards for motor vehicles will help too. And there is not much else except for doing-without.

For now, I'll take the Peak Oil bet, thank you. And you can take the pot-pipe and solar power.

i'll join you. as i don't expect to be driving a nuclear powered car shortly, i'll cut to the chase and call the car fuel of america's future diesel from alberta's rude crude. forget lng and the costs of cryo tanks and other jetson's daydreams.

[GRG55]

Re: Cheap oil for ever!

http://www.newsweek.com/id/193499/page/1

Mike

Thanks for posting this Mega. Now will you finally leave us alone and let us drive our SUVs and F150s in peace???

[pwcmba]

Re: Cheap oil for ever!

How about a coal fired car? The USA still has abundant sources of coal.

[Starving Steve]

Re: Cheap oil for ever!

How about a coal fired car? The USA still has abundant sources of coal.

Yes, the U.S. could use coal, especially sequestered or partly-sequestered carbon emission coal to produce electricity. And the U.S. could also make synthetic gasoline or diesel fuel from coal because the Germans did that in WWII. It can be done. But again, the President of the U.S. needs to demand a solution now instead of giving pep-talks on T.V. The President needs to demand synthetic oil be produced now and design government programmes around subsidies for synthetic oil.

As far as a nuclear-powered car is concerned, atomic power could provide the energy to LOWER electric rates and make charging-up electric cars possible and economically viable from the power grid. Again, this will take federal energy planning and a President who is involved hands-on in an energy solution--- instead of making an appearance on the NBC To-night Show in Hollywood.

Natural gas right now could be used to fire electric power plants. Nat gas could also be used right now to fuel vehicles. Again, the President needs to be involved in a workable and reasonable energy solution of which nat. gas would provide a transition fuel until atomic power is begun in earnest.

[mooncliff]

Re: Cheap oil for ever!

i'll join you. as i don't expect to be driving a nuclear powered car shortly, i'll cut to the chase and call the car fuel of america's future diesel from alberta's rude crude. forget lng and the costs of cryo tanks and other jetson's daydreams.

All 100,000 taxis in Tokyo have been running on LPG for the last 20 years or so. There is no difference in performance; the only time you think about it is when you see the LPG tank in the trunk.

http://www.ny1.com/Content/special_r...o/Default.aspx

http://en.wikipedia.org/wiki/Liquefied_petroleum_gas


Solar water heaters with evacuated tubes have solved the freezing problem. Adjusted for inflation to current dollars, tax credits, etc., a 5,000 dollar solar water heater we installed in 1981 has saved us more than 35,000 dollars in energy bills. This is low-tech stuff and is being widely deployed across China now. See Evacuated tube collector. http://en.wikipedia.org/wiki/Solar_w...tube_collector

Photovoltaics are still too costly, but the price will halve in about 3 years. Sure it is expensive... but compared to what? Compared to pumping free fuel out of the ground at such a rate that we use all of it up in a few hundred years?

[Wild Style]

Re: Cheap oil for ever!

i'll join you. as i don't expect to be driving a nuclear powered car shortly, i'll cut to the chase and call the car fuel of america's future diesel from alberta's rude crude. forget lng and the costs of cryo tanks and other jetson's daydreams.

what is your take on bio diesel? I am a believer in diesel myself.

[Chomsky]

Re: Cheap oil for ever!

There are no easy answers except for atomic power, and the idiots in the Obama Administration are not friendly toward that solution. So long as the idiots run America and the world, there will be no future at all except for inflation and falling living-standards.

Wrong.

http://www.counterpunch.org/stclair10122008.html