So are electric cars, very high speed internet and (hopefully) better
public transit and city planning.
Anthony
thats what it would be now if it weren't for the government
subsidizing the oil industry to the tune of billions of $$$.
Nope, as can be seen in countrys that dont do that.
like most countries in europe right?
The large company that i work for employs about 4000 people in one
location alone.
a good majority of them commute 20-60 miles per day. while the company
cannot
afford to give pay increases to cover the cost of rising fuel pries it
is seriously looking at
tele-commuting as an alternative. i think we will see a lot more of it
in the future.
There is not a chance of something like that happening, the reality is
that fossil based fuels cannot hope to pass the production cost of
synthetic fuels. At the moment I can manufacture ethanol in my garage at
a cost that is already lower than current fuel prices. (And I do, albeit
only for experimental purposes - don't want to wreck my car.)
If industry was to begin broad scale manufacture of synthetic fuel their
costs would be much lower again. There are problems associated with
engine wear and ethanol-based fuels, but these are not insurmountable.
Also, it is more than likely that before fossil based fuel reaches
anywhere near those prices hydrogen cars will be perfected. After all
the very first cars ran on an oxygen hydrogen mixture, although not very
successfully. There are already a number of hydrogen powered cars
exhibiting very positive results, it is only a matter of time before we
see them on a showroom floor.
PK
Nope. They'll just pass the cost to you.
They're the ones using those mean gas guzzling SUVs and trucks, too.
Oh my
If gas was really $12-$15 an hour very few of us would still have
jobs. You can forget about overtime or getting a second one.
-beaumon
Hydrogen is not an energy source, but is only an energy delivery
system.
Where does the hydrogen come from? Electrolysis (which requires
electricity) or some chemical process, which requires the input
chemicals.
You can't mine or drill for hydrogen as you can mine coal or drill for
oil.
Futhermore, the conversion process from whatever the source, to
hydrogen, will require energy, so the net is a lower overall energy
efficiency.
Hydrogen may be useful, but it is NOT a source.
> Hydrogen is not an energy source, but is only an energy delivery system.
Irrelevant to what makes a viable transport fuel.
> Where does the hydrogen come from? Electrolysis (which requires
> electricity) or some chemical process, which requires the input chemicals.
Or nukes, or coal.
> You can't mine or drill for hydrogen as you can mine coal or drill for oil.
You cant make oil in a nuke.
> Futhermore, the conversion process from whatever the source, to hydrogen,
> will require energy, so the net is a lower overall energy efficiency.
Doesnt matter when you use nukes for power and hydrogen.
> Hydrogen may be useful,
No may be about it, it is useful.
> but it is NOT a source.
Irrelevant to what makes a viable transport fuel.
The "analysts" say....blah, blah..
Anyone with an anus can claim to be an analyst.
What do they know about 2 years from now??? Bet none predicted $130 bbl
back in 2006.
Well someone knew because I remember seeing those commercials for
"investing in oil futures" or something to that effect a few years ago
on TV. Whoever was behind the commercials knew that oil was being
traded as a commodity and was cashing in.
Oh well, luckily we won't have to live with it for long since the
world "is" going to end in 2012, right? ;)
Some did.
Corse some had done in that a decade before that too and it took a hell
of a lot longer than they claimed it would before it actually happened, too.
There's currently someone predicting it will be back at $50 again too.
Huh? Oil has been traded as a commodity for a *long* time. The one
cashing is was the spammer paying for the commercials.
--
Keith
>
There's so many oil prognosticators now, some are bound to be right on
the mark. The same day this was posted, a "Chief Economist" (whoop de
doo)on the Bizz channel said gas will be up to $7 in the US within the
next 4 years.
> There's currently someone predicting it will be back at $50 again too.
Well, ((Hugs)) to him, but I'd not bet it gets that low again.
Axshully, it could if they'd start counting all the dirty oil as proven
reserves.
My financial analyst ( http://8ball.tridelphia.net/ ) told me "It is
certain" about the $12/gal, and when I asked it about reaching $15 a
gallon it said "Don't count on it" so there's hope yet!
True...but the "average" person wasn't trading in this commodity.
Remember the dot com bubble? that also happened because people were
buying stocks in companies they shouldn't have because they weren't
worth the price. So if "average joe speculator" gets into the oil
futures trading and runs the price up..we pay.
There's plenty of fortune tellers that will tell you what you want to hear for a fee too.
That is *NOT* what you said.
Just because you watch infomercials doesn't mean the "average"
person is trading in what they're selling.
> Remember the dot com bubble? that also happened because people were
> buying stocks in companies they shouldn't have because they weren't
> worth the price. So if "average joe speculator" gets into the oil
> futures trading and runs the price up..we pay.
...and he'll eventually be wearing nothing but the barrel. It's
been that way since forever. See: .bomb
--
Keith