[Hodar]

The higer oil goes; the more worthwhile it is to go after previously 'unavailable' oil reserves. Simply stated, if there is easy oil to get, it's cheaper to drill it; therefore, it's an economically viable solution.

With oil at $50/barrel; now oil that was previously economically unavailable due to it's depth or location, becomes viable.

That said, we also now have incentives to work on fuel cells, and Thermal Depolymerization (TDP) plants, which can 'create' oil from practically any organtic waste we throw into the process. We currently have 2 plants up and running, producing over 10,000 barrels a day at a cost of $15/barrel.

[ex-Texan]

Great idea Hodar! Why isn't that option being explored energetically by the oil companies? Why aren't the dip sticks in power in D.C. doing something? Why, why, why? Privately, I will confess to believing too many palms are being geased with the black oily profits.

Please pardon many obvious puns!

[hripka]

Is this what you are talking about?

Anything into Oil(solution to dependence on foregn oil?)
DISCOVER Vol. 24 No. 5 ^ | May 2003 | Brad Lemley
Posted on 04/21/2003 7:57:41 AM CDT by honway

http://www.freerepublic.com/focus/f-news/897232/posts