Another Oil Crash Is Coming, and There May Be No Recovery
Feb 25, 2016 09:42:30 #
I have a slightly different take on oil and coal: both are tremendously valuable as raw materials for plastics, building materials, chemicals, medicines, clothing, etc, etc. They are far too valuable to just burn! So I favor looking for other sources of energy such as nuclear. Perhaps solar and wind can be valuable in regions where they are plentiful; but a backup will still be needed when there is darkness or no wind, and again, nuclear seems like a reliable source as backup.
Feb 25, 2016 09:52:05 #
If hydrocarbons are replaced with batteries does that mean we will have battery powered portable generators for producing electricity for building sites and campers?
Feb 25, 2016 09:55:23 #
Wenonah wrote:
If hydrocarbons are replaced with batteries does that mean we will have battery powered portable generators for producing electricity for building sites and campers?
:lol: :lol: :lol:
Feb 25, 2016 09:59:54 #
Violameister wrote:
I have a slightly different take on oil and coal: both are tremendously valuable as raw materials for plastics, building materials, chemicals, medicines, clothing, etc, etc. They are far too valuable to just burn! So I favor looking for other sources of energy such as nuclear. Perhaps solar and wind can be valuable in regions where they are plentiful; but a backup will still be needed when there is darkness or no wind, and again, nuclear seems like a reliable source as backup.
Exactly! However, if battery technology continues to improve quickly, that would be the way to go.
Feb 25, 2016 10:00:44 #
Feb 25, 2016 10:07:33 #
I'm just a country boy , The few here who bought ecectric cars were happy, but you should know the Fed , Gov never gives,without a plan. So more & more states,are now charging or taxing by the mile, so if you drive a hemi, or an electric you pay the same.If anyone will do a little study on agenda 21 you will see the endgame ,Who would have thought two strokers would be outlawed in so many places, being always about money, a bike, boat engine has nearly doubled in price, over severl years, before you know it, you will have to trailor your muscle car , to any event, and pay for driving it. again back to money. It is not true , that no one saw the oil price plummet coming. The 1% always knows, you know the ones who control the price of everything you purshace. It is no conspiracy theory, The Hollywood actors do photo shoots, driving around in their smart cars, for show. Then they board their private jets and fly away polluting all the way. Turn off the telly, read, educate yourself.
Feb 25, 2016 10:23:44 #
Wenonah wrote:
If hydrocarbons are replaced with batteries does that mean we will have battery powered portable generators for producing electricity for building sites and campers?
:thumbup: :thumbup: :thumbup: :thumbup: :thumbup: :thumbup:
Feb 25, 2016 10:25:31 #
Duggy wrote:
I'm just a country boy , The few here who bought e... (show quote)
:thumbup: :thumbup: :thumbup: :thumbup:
Feb 25, 2016 10:36:50 #
FRENCHY wrote:
You are right ! it was fun anyway .I'm out i am wasting energy LOLLL :lol: :lol: :lol:
Why not waste time??? You've already wasted your brain. LOL
Feb 25, 2016 10:56:57 #
foathog wrote:
Why not waste time??? You've already wasted your brain. LOL
Matter of opinion
Feb 25, 2016 11:43:14 #
Feb 25, 2016 13:28:30 #
If the moslems win we won't need any of this stuff we will be living like they do in the middle east. In a pile of rubble with nothing. :thumbup: :thumbup: :thumbup:
Feb 25, 2016 13:42:39 #
Forget the oil debate, what follows is really important (after the truck ad):http://www.cnet.com/products/oral-b-genius-9000/
Feb 25, 2016 15:06:43 #
dirtpusher wrote:
http://www.bloomberg.com/news/articles/2016-02-24/another-oil-crash-is-coming-and-there-may-be-no-recovery
Dirt,
Decent link ..... I am looking up oil usage to see how much this will affect it.
Feb 25, 2016 15:13:53 #
Cykdelic wrote:
Dirt,
Decent link ..... I am looking up oil usage to see how much this will affect it.
Decent link ..... I am looking up oil usage to see how much this will affect it.
Dirt,
This should add some color....so it looks like about 15-17% of oil in the U.S. Is used for cars?
I think the electric car issue won't have a near term effect on oil usage (See charts, below). Hopefully, over time the tech used (especially Musk's batteries) will be able to be expanded to the electrical grid, high-torque transportation, etc., but it certainly seems like it's more like decades than years away.
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