Posts
17050
Joined
8/16/2006
Location
Mountain Home, AR, USA
Edited Date/Time
1/16/2012 3:33pm
It is my thinking that we have a HUGE supply of oil here, and offshore. We have filled caves full of it, and continue to stockpile it...but keep getting a large amount from overseas...why?
I think, that we are doing that, knowing that some day, 'the middle east' will be out of oil, but we will still have our supply. I think it's a way to ensure the longevity of the US. Use up other's natural resources before we use up our own!!!
Maybe not....
I think, that we are doing that, knowing that some day, 'the middle east' will be out of oil, but we will still have our supply. I think it's a way to ensure the longevity of the US. Use up other's natural resources before we use up our own!!!
Maybe not....
I don't necessarily agree with it, but I think you're right. I think we should start using our own oil and set a time table to come up with an alternative. It could be done, but oil has a very powerful lobby and doesn't want to see this happen. The US is fat with Natural Gas, and that conversion is not very costly, and very effective. Big Oil knows this and is buying up natural gas company's as we speak.
It's all about power and money.
Yep, and in the future, who holds the oil/natural resources, has all the power and money!!!!
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I believe it is in our best National interest to keep whatever natural resources we have, in the ground, and use/buy the resources from other regions.
It is in our best interest long term to deplete their resources while maintaining our own, so when the time comes that those resources become more scarce, we still have ours.
I am not against drilling offshore, in ANWAR or anywhere else for environmental reasons, but for National resource preservation (strategic) reasons
727,000,000 barrels of oil
http://www.fossil.energy.gov/programs/reserves/
As well as the possible 200billion barrel oil field in North Dakota.
http://www.nextenergynews.com/news1/next-energy-news2.13s.html
I am not a huge Solar fan or anything, but it seems that the only infinite energy source we have as a current (but not currently economically justified) source is the Sun and we should rely more on solar and less on the non-renewable sources on earth?
That's were regulation should come into play. I personally don't believe that any type of energy should be allowed to be traded on the market.
Fossil fuel use will be reserved for governments and military applications.
All renewables- wind, solar, geothermal, all of it added together is about 3-4% of our electricity fuel capacity.
Unreliable, not as in the sun won't shine, but it can't be relied on to keep a reliable electricity supply with our current electric grid.
I've pondered the concept of energy storage for many years. Current technology use batteries, spinning mass, thermal storage, pressure, etc. None are efficient nor do they have good long term capacity, with the exception storing potential mechanical energy via something like a water tower.
Possible that cold fusion is an answer to expanding needs, but I'm not holding my breath on that.
Point is, we will have to develop reliable storage...can't just write it off because it doesn't exist today or it's difficult to do.
What's interesting is that since the electricity business was restructured, a technology has to be economically viable in order to be developed on a large scale. They can't develop a certain technology because it's good for the environment, or gets us off another type of fuel- it has to be commercially scalable and turn a profit.
It's interesting that fossil fuel sources, such as coal power and natural gas, still carry many more government subsidies than wind power, for example.
I think the general public has no idea how far we are from widespread use of renewable sources to make electricity, if we ever do. Especially in a recession and the massive drop in demand we saw. It's hard to develop new technologies when demand is down.
Pit Row
Wind farms are highly subsidized. On the other hand, if you are aware of subsidies for fossil fuel power plants, I'd like to know more about this. We are putting in a gas turbine that has some federal funding, but it is a significant efficiency improvement for a college campus and economically has great payback.
So our prices are based on the Middle East and our Financial structure of Wall Street. Meanwhile Our President - has decided to make a committee on whats going on with the gas prices. OK so $30 Billion in a quarter may not be gouging. really how much money do the Oil barons need?
Something to think about. How many hybrid/electric cars are there on the road? How many combustion cars are there. Guess what? Gas hits $6-8 bucks, no auto manufacturer in the world will survive that blast radius. I believe that America will simply say Up yours. No way are people going to pay gas for their cars, transportation fees and all other road associated costs. It will be interesting to see what happens.
Change happened. It wasnt good change, but it was change. Barry better do some Fancy Dancing. He fell flat on his self proclaimed job duties.
Gas is way more expensive
We are still in Afganistain/Iraq
Now looking at Lybia
Did ANYONE get their mortgage or gas paid? Shit at least with Bush we had money in our pockets. Facts are facts there. Argue it if you want, but we all had more jobs and more money. Most of all Gas was $2 and change.
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