04 Jul 08
Originally posted by whodeynail on the hammer.. The West is addicted to OIL...
I got a little disillusioned today. I was watching a debate about the energy crisis that took place betoeen a liberal and a conservative. The liberal said that what was needed was another stimulus package, like the one we just recieved from Bush. In fact, Obama is now endorsing such a package. Yea, we can see the benefit of the stimulus package that Bush ...[text shortened]... ?
I think Americans need to march on Washington and demand an energy policy that makes sense.
04 Jul 08
Originally posted by mrstabbyLook, all we have to do is cut the percentage of oil that is used to make gasoline/diesel. The way to do that is to replace/augment the internal combustion engine.
What happens if the drop in supply is to fast for the market to cope? As things stand, our economies are pretty much dependent on oil - are enough sectors capable of switching to an alternative within the required timeframe?
Even if we do never run out of oil because supply has slowed to a trickle, that doesn't mean markets won't have collapsed on the w ...[text shortened]... viable?
Anyone got any figures on these sorts of things, might make an interesting read.
And we will, through more efficient battery power. It's coming. Chevrolet has proven technology that runs a car on lithium ion technology. And ultracapacitor technology is set to be unleashed on the market within the next 6-12 months. If you have any spare cash, invest in a small Canadian company called ZENN. They hold an interest in the technology being developed in conjunction with Lockheed (the US military contractor)
Don't go buying farmland and planting soybeans just yet.
04 Jul 08
Originally posted by uzlessI've heard of the Zenn car.... interesting http://www.zenncars.com/
Look, all we have to do is cut the percentage of oil that is used to make gasoline/diesel. The way to do that is to replace/augment the internal combustion engine.
And we will, through more efficient battery power. It's coming. Chevrolet has proven technology that runs a car on lithium ion technology. And ultracapacitor technology is set to be unleashed ...[text shortened]... kheed (the US military contractor)
Don't go buying farmland and planting soybeans just yet.
05 Jul 08
Originally posted by uzlessWhere does the electricity to power this car come from? 40% of the US's energy comes from petroleum..
Look, all we have to do is cut the percentage of oil that is used to make gasoline/diesel. The way to do that is to replace/augment the internal combustion engine.
And we will, through more efficient battery power. It's coming. Chevrolet has proven technology that runs a car on lithium ion technology. And ultracapacitor technology is set to be unleashed ...[text shortened]... kheed (the US military contractor)
Don't go buying farmland and planting soybeans just yet.
05 Jul 08
Originally posted by uzless…In other words, if the price becomes too costly, people will slow their consumption of it thus prolonging the timeframe that we will have oil available to use..
Look, "Peak Oil" is just a perversion in concept of market fundamentals. While we can't argue that there isn't a limit the total amount of oil available, we can argue that as the price of oil increases, the rate at which the oil is used will decrease.
In other words, if the price becomes too costly, people will slow their consumption of it thus prolonging ...[text shortened]... of higher oil prices.
In short, market fundamentals will ensure we NEVER run out of oil.
What if “slowing their consumption” of oil is not a reasonable economical option because we are still so dependent on it that “slowing our consumption” of oil would have serious economical consequences (in particular, food shortages) ?
05 Jul 08
Originally posted by Andrew HamiltonIf the West slows down its consumption, China and India will step in and take over......
[b]…In other words, if the price becomes too costly, people will slow their consumption of it thus prolonging the timeframe that we will have oil available to use..
What if “slowing their consumption” of oil is not a reasonable economical option because we are still so dependent on it that “slowing our consumption” of oil would have serious economical consequences (in particular, food shortages) ?[/b]
07 Jul 08
Originally posted by Andrew Hamiltonyou've got the doomsday machine in high gear. First thing that will happen is oil speculation will be stopped via government regulation. the price of oil today according to market fundamentals should only be about 86 bux/barrel. Speculation and fear account for the rest.
[b]…In other words, if the price becomes too costly, people will slow their consumption of it thus prolonging the timeframe that we will have oil available to use..
What if “slowing their consumption” of oil is not a reasonable economical option because we are still so dependent on it that “slowing our consumption” of oil would have serious economical consequences (in particular, food shortages) ?[/b]
2nd, you reduce the amount of oil that is processed into gasoline and dielsel..the ag industry will have more than enough oil for its needs.
07 Jul 08
Originally posted by mrstabbynukes. But ultracapcitors only take a few minutes to recharge so the demand increase will be small.
Where does the electricity to power this car come from? 40% of the US's energy comes from petroleum..
If new homes are required to put a few solar panels on the roof, the energy could easily refuel the family car, and put any excess electricty backinto the grid.