Your “green energy” bankruptcy of the day: SoloPower of Oregon
Meet Barack Obama’s GreenTech connection
Global Warming on Free Republic
Posted on 04/26/2013 12:35:42 AM PDT by neverdem
At the same time, natural gas consumption is skyrocketing.
This is why Royal Dutch Shell expects US natural gas prices to double by 2015.
It’s only common sense to expect the drilling, and the consumption infrastructure, to both adjust to the cost of horizontal drilling and fracking, as well as the actual lifetime production of a fracked well. This is a process, not an event. Unless of course we simply let Genius Obama determine the price by fiat.
When you consider the need we have felt for a Strategic Petroleum Reserve, actually there could be a case to be made for the government to put a thumb on the scale to bias the market toward domestic production in preference to imports from the ME.
I do not want government picking winners. It has always worked out as a bad idea. That is far different from maintaining a Strategic Petroleum Reserve which is designed to ride through upsets/disruptions, not change the long term market.
The RN used oil to generate steam. Diesels were not powerful enough to move 35K T ships. The first successful big ship use of diesels were th Graf Spee class armored cruisers of the late 20s. They were used because of the range offered by the diesel over steam.
Dohhh...
Thanks for the ping!
Book mark
You might enjoy this, although it’s long. Any criticism would be appreciated.
Your “green energy” bankruptcy of the day: SoloPower of Oregon
Meet Barack Obama’s GreenTech connection
Global Warming on Free Republic
I got to see the one in the old merchie in San Francisco they used for engine room scenes for Titanic. Very cool!
With the advent of the diesel engine, the change was inevitable. But a good politician will get in front of the parade and lead it. Maybe he did push it along, but it was just a matter of time before the change happened.
mark for later reference
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