[jmh80]

Originally Posted by Usf97j4x4

hehe... eat your words!

I don't think in daily terms. I'm not a NYMEX guy. I don't trade and all that stuff.

I think in terms of months at best. More likely years.

Projects for chemical/oil companies are measured in 20 to 30 year lifetimes. Not days bro.

Re-read that with that time frame in perspective.

[Nabisco]

Originally Posted by CDB

My guess is the first alternative energy processes to really take off will be those which can be implemented with little to no hassel, like solar and other alternatives for the home.

Except at this point solar panels are fairly expensive to purchase, install, and integrate into your house's power system. Not to mention solar panels are still at best 40% efficiency in the most expensive models. Production models that you could use for your house are closer to 28% efficiency. I'm not trying to bash your idea, and I do believe solar energy can become feasible, just not at our current technological advances.

[Nabisco]

One solution that I believe shows promise in the future if it can be shown to be economically feasible is Micro-Algae to biodiesel.

http://www.oakhavenpc.org/cultivating_algae.htm

[Squeaks4ver]

Here is an interesting story about some oil issues...


http://www.portfolio.com/views/colum...ill-Drop#page1

[Xodus]

Originally Posted by Squeaks4ver

Here is an interesting story about some oil issues...


http://www.portfolio.com/views/colum...ill-Drop#page1

I would be very surprised if we see gas near or below $2/gal again...

[Squeaks4ver]

if they fall to about 30 bucks a bar. as he suggests.. then i am sure it will.. take away taxes that will be put on by uncle sam...

I think he hits the nail on the head when he says the 1 to 2 buck oil finds do not exsist... but the 20-30 bucks are more than there... it just takes more money in the short term to get at them... and that is what we are paying for now.. the tools and the tech to get that oil

[Xodus]

DOE: Expect gas close to $4 through next year

http://www.9news.com/rss/article.aspx?storyid=93500

[machine528]

It has changed my life and driving patterns alot. I no longer make trips that I dont need to make. I will only fill my car up once a week. When the gas/oil prices started going crazy a few years back I pulled most of my money out of stocks and began purchasing gold/silver/energy stocks and mining stocks. I dont see this situation getting any better and in my opinion I would be horrified if we attacked Iran. I am convinced if we attack Iran our economy will collapse.

[jmh80]

Crude supply could get better. Governments chose not to let that happen.

This includes our own. (Iraq is perhaps another story. Not sure their government is to blame for the continued lower production levels.)

[Dadof2]

Originally Posted by machine528

It has changed my life and driving patterns alot. I no longer make trips that I dont need to make. I will only fill my car up once a week. When the gas/oil prices started going crazy a few years back I pulled most of my money out of stocks and began purchasing gold/silver/energy stocks and mining stocks. I dont see this situation getting any better and in my opinion I would be horrified if we attacked Iran. I am convinced if we attack Iran our economy will collapse.

I don't think that we are going to attack Iran. However, I would not be surprised to see Israel attack Iran before Bush is out of office.

If that happens the speculators are going to have a field day.

[Xodus]

Originally Posted by Dadof2

I don't think that we are going to attack Iran. However, I would not be surprised to see Israel attack Iran before Bush is out of office.

If that happens the speculators are going to have a field day.

Already in the works...

http://www.reuters.com/article/newsO...25195820080606

[CDB]

Originally Posted by jmh80

Crude supply could get better. Governments chose not to let that happen.

This includes our own. (Iraq is perhaps another story. Not sure their government is to blame for the continued lower production levels.)

Do Iraq's reserves tend toward the sweet or sour side?

[Xodus]

http://news.bbc.co.uk/2/hi/business/7456141.stm


Honda plans to produce 200 of the cars over the next three years.

One of the biggest obstacles standing in the way of wider adoption of fuel-cell vehicles is the lack of hydrogen fueling stations.

Critics also point out that hydrogen is costly to produce and the most common way to produce hydrogen is still from fossil fuels.

Analysis of the environmental impact of different fuel technologies has shown that the overall carbon dioxide emissions from hydrogen powered cars can be higher than that from petrol or diesel-powered vehicles.

[CDB]

Originally Posted by Xodus

http://news.bbc.co.uk/2/hi/business/7456141.stm

Honda plans to produce 200 of the cars over the next three years.

One of the biggest obstacles standing in the way of wider adoption of fuel-cell vehicles is the lack of hydrogen fueling stations.

Critics also point out that hydrogen is costly to produce and the most common way to produce hydrogen is still from fossil fuels.

Analysis of the environmental impact of different fuel technologies has shown that the overall carbon dioxide emissions from hydrogen powered cars can be higher than that from petrol or diesel-powered vehicles.

That's true, but logistics comes into play as well. It's likely easier to deal with the GHG output of X number of power plants through filtering and what not, that 10000*X vehicles. Plus there are alternatives like nuclear to supply that power.

[jmh80]

Originally Posted by CDB

Do Iraq's reserves tend toward the sweet or sour side?

Like Saudi - I think both. But a bit more on the sweet side, which is commanding a BIG premium over sour crude. On the order of like $7 per bbl from what I read.