Okay scrap Plan A: dinosaur poop as fuel -- How bout Plan B: Place a thousand flamenco dancers over some open land and have them stomp out some oil. Hows that for processing?George W. Bush will be reelected by a margin of at least ten per cent
Never say,"We've gone as far as we can."
I'm thinking the same thing, SC. LARGE margin.
W had a comfortable margin in 2000 before the DUI arrest became known. Let's not count our chickens ....
The oil age will last until replaced by the Fusion Age.
I would have used the MSNBC story, but it's on the List and I don't want FR to pull the thread. ;')Researchers Succeed In Fueling UpThe principle behind fuel cells is not new-it was discovered in 1839... Basically, a fuel cell is a device-think of it as a high-tech battery-that converts the energy of a fuel (hydrogen, natural gas, etc.) and an oxidant (air or oxygen) into useable electricity... There are no moving parts and it produces little noise. Unlike traditional combustion engines that currently dominate the energy market, fuel cells do not produce any particulate matter, nitrogen or sulfur oxides; when fueled by pure hydrogen, they have only heat and water as by-products... To date, hydrogen has been the conventional fuel for a fuel cell. But practical generation and storage of hydrogen has been a problem-it's expensive and inefficient. The model developed by Gorte's team aims to get around this dilemma... Previous attempts to use hydrocarbon fuels to run a solid-oxide fuel cell failed because the electrochemical process that generates electricity caused a buildup of carbon, which ruined the cell. In a solid-oxide fuel cell, oxygen anions are transported through an oxide membrane and react with the fuel at the anode... The Penn researchers were looking for an anode material that did not result in fouling... Eventually, they settled on a composite of copper and ceria. Ceria is an important catalytic component of automotive catalysis, which is why the researchers focused on its properties... Says Gorte, "Running a car is a transient process and you've got to have a pretty big fuel cell to power it, something on the order of 50kw as opposed to a 5kw cell to power a house, for instance." ...At least one major automotive manufacturer is seriously studying this technology... Their work has generated a great deal of excitement and was touted in Nature magazine (3/16/00). Professor Gorte has been interviewed by MSNBC.
by Jane Brooks
George W. Bush will be reelected by a margin of at least ten per cent
The end of the oil age may not be imminent within the next few years but the economic development of Asia indicates that demand for power and oil will increase geometrically. China will be a developed economy within 20-30 years with five times the population of the U.S. Many think this is too fast but remember that war-devastated Japan with only half our population, no resources, became a world economic leader in 40 years. And India is not far behind.
Yamani predicts oil price of $10The former Saudi Arabian oil minister Sheikh Ahmed Zaki Yamani has predicted that oil prices will crash from current levels of around $30 a barrel to $10 by the end of 2001.
by Sophie Barker
Wednesday 1 November 2000
"I would be happy if I am wrong, but I know, as surely as ABC, that it is coming," Sheikh Yamani said in an interview in the forthcoming edition of Forbes Global magazine. His most recent comment comes almost two years after oil prices last plunged to $10. Since 1998, they have steadily risen, reaching $35 a barrel this year.
Sheikh Yamani, who played a key role in the 1973 oil crisis, forecast that the perceived shortage of oil would soon swing into a surplus once increases in both Opec and non-Opec production filter through. On Monday Opec members agreed to boost output by 500,000 barrels a day, prompting the benchmark Brent crude oil contract on London's International Petroleum Exchange to drop 62 cents to $30.52 yesterday.
The Centre for Global Energy Studies, which Sheik Yamani chairs, expects world production to increase by 1.4m barrels a day to 75.7m barrels between the third and fourth quarters this year. He argued that this will send prices crashing. Adam Sieminski, oil market strategist at Deutsche Bank, said Sheik Yamani's prediction was "possible". He said: "You would have to see the global economy slowing down enough to curtail demand."
Deutsche Bank has predicted that crude oil prices will plummet to a relatively modest $20 a barrel by the second half of next year, as Opec countries are forced to cut production to avoid a price crash.
The "Oil Age" as referred to will probably meet an untimely death when Israel nukes the Iranians.
"How Long Will the Oil Age Last?"
Oh until about the time scientists have tinkered with dinosaur DNA and bring them back from extinction then they'll convert Dino-poop into synthetic fuel for vehicles to run on. I know, you laugh now but....strangers things have happened, like M.Moore winning an Oscar. (rolls eyes)
LOL
Peak Oil says we are going over the cliff at full speed in 3 to 13 years; it's too late already to do anything substantive about it. Well, that was 6 months ago, so it is now 2-1/2 to 12-1/2 years to go. The Club of Rome is resisting the idea of developing outer space. They want us to fail.
During the Age of Oil, the pumps are pumping as fast as they can. G_d put that oil there for a reason.
Next, as the Earth turns on its axis, when all the oil has been pumped out, we will enter the Age of Squeek.
You pessimist you! : )
How long? Just a little shorter than that of the "Self Contained Cartridge."
In an ideal world, the members of the Association for the Study of Peak Oil would be laughed out of every serious discussion on any topic beginning in 2009. But they never are. And they never have the common courtesy to say, "What the heck do I know..."
I'm surprised that no one has chimed in yet with the theory that oil is a geologic process as opposed to rotten dinosaur.
Or the 'Anything into Oil' article that was all over about a year ago.
Blame Haliburton greedy Exec's and Prez. Bush...
Okay scrap Plan A: dinosaur poop as fuel -- How bout Plan B: Place a thousand flamenco dancers over some open land and have them stomp out some oil. Hows that for processing?I note also that the Vanguard Energy Fund has a 10 year compound growth rate of 13.5% per annum. You can see the numbers here.
So I suppose that those who purchase oil and oil stocks are silly little people who haven't a clue what they're about. (/sarcasm)
Seizing that area in the middle east the size of Indiana that contains 80% of the "Artesian oil" is a matter of life and death.
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I have about ten half-filled cans of these in my garage. That's how I determine my "oil age". |
