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To: Richard Axtell
That could never be done on the scale you suggest. On a smaller scale however, prices would certainly increase. Once the $35.00 per barrel threshold is met and sustained, the synthetic fuel industry would take off. The technology was developed in the 70's.

To keep the new industry going an import tax could keep the price at that the $35.00 per barrel level thus making synfuels economically feasible. The market would adjust to the increase in price just like it did in the early 70's during the embargo. This would be the short to mid term solution to our energy needs. The long term would be hydrogen fuel cells and finally controlled fusion itself.

American's will always adapt and prevail. That is what these 6th century morons don't understand.

DE OPPRESSO LIBER

8 posted on 02/19/2003 12:42:43 PM PST by bra
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To: bra
Tar sands in Canada have about as much "in situ" hydrocarbons as Saudi Arabia and can be economic at about $45 per bbl (read that a few years back.) Also the synthetic coal oil in Colorado was economic at $38 per in 1980 (don't know what it would take now.)
14 posted on 02/19/2003 1:01:18 PM PST by richardtavor (Pray for the peace of Jerusalem, and pray for the French....)
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