Don't hold your breath re: fusion. When I was a kid, we were told it was about 30-40 years away. Well, it's 40 years later and we're still being told it's about that far off. NG is a very good alternative to coal for powerplants until we can get something better. We also need to get over our collective fear of standard nuke power as well.
Don't hold your breath re: fusion. When I was a kid, we were told it was about 30-40 years away. Well, it's 40 years later and we're still being told it's about that far off. NG is a very good alternative to coal for powerplants until we can get something better. We also need to get over our collective fear of standard nuke power as well.
OP: oh no you don't. Don't come in here bringing fancy logic into it. We need cap and trade, and we need to make sure the price of energy skyrockets so people are forced to give up on individualism in transportation. 
/ Al Gore
/ Al Gore
little elvis
Senior member
- Sep 8, 2005
- 227
- 0
- 0
Err... Natural Gas prices are at almost a 7 year low.... In August 2009 they fell below $3 per 1000 scuft
Big whoop
We went from supposed shortage to 60 year supply without requiring any foreign importation.
They should be paying us after years of gouging.
Yeah, because I'm sure technology will not advance at all over the next 60 years. No new sources will be developed, no new technologies will expand production... :roll:
Those of us who are old enough to remember the 70's have heard this song and dance about oil running out, limited supply, blah blah blah for 40 years. I favor getting away from oil because buying it provides money to nutjobs in the middle east, but I just don't buy into the silly BS about energy supplies running out any time soon.
Natural gas prices are the lowest that I can remember in my adult life, they are 1/4th what they were just 18 months ago. To put this in perspective burning natural gas for electricity right now produces energy at 2.2 cents/kwh (you likely pay more like 9 cents), it is currently half the cost of coal per million BTU, they just NEVER happens. Natural gas and oil are always supposed to be more expensive than coal.
As for transporting natural gas, its not "easy", but the conversion to liquefied natural gas and back is only like 10-20% of the cost, if natural gas prices are this low you could ship it around the world 5 times and it would still be cheaper than what it was over the last several years.
Kadarin
Lifer
- Nov 23, 2001
- 44,296
- 16
- 81
Long-term strategic thinking: Buy up the reserves from those countries in the Middle East. Then stay involved in their affairs such that they don't invest heavily in their own infrastructure nor diversify sources of future income. Once their oil runs out, then use our own reserves.
ericlp
Diamond Member
- Dec 24, 2000
- 6,137
- 225
- 106
Green Energy = Renewable. That's not a petroleum/carbon based product. NG is mostly made up of methane a carbon based product.
Hardly any of our power plants ar burning oil. Around 70% of our power comes from carbon (coal) another non-renewable energy. The other major source 20% is nuclear power.
7% comes from hydro/solar/wind. If your lucky, maybe 2% comes from burning oil.
Oil is used for transport, Cars, Trucks, Planes, Ships, Trains, etc...etc..etc... Start converting cars/trucks and selling propane/NG at gas stations then maybe you could cut back peak oil production but hopefully we will have figured out a way to make Hydrogen Fuel Cells more of a reality by then.
Praxis1452
Platinum Member
- Jan 31, 2006
- 2,197
- 0
- 0
Nuclear is the way to go. Unless major-breakthroughs are reached in fusion, it's probably the only one that will allow the administration to reach its goals.
Originally posted by: Vic
Just in time for oil prices to fall
You would be wrong.
Oil will be $100 shortly and then on to $300 not long after:
10-14-09 Oil prices jump above $75 a barrel to 1-year high
Benchmark crude for November delivery was up 85 cents to $75 by midday European electronic trading on the New York Mercantile Exchange. The price reached $75.15 earlier in the day, the highest since October 2008.
:roll:
Long term the answer is rooftop solar for electical production. However that is still cost prohibitive right now but should be quite common in 10-20 years. I the mean time, natural gas is pretty green compared to coal.
LOL. "Drill baby, drill" was about natural gas?
I knew the GOP was filled with a bunch of hippies
I knew the GOP was filled with a bunch of hippies
IndyColtsFan
Lifer
- Sep 22, 2007
- 33,655
- 687
- 126
Originally posted by: dmcowen674
Originally posted by: Vic
Just in time for oil prices to fall
You would be wrong.
Oil will be $100 shortly and then on to $300 not long after:
10-14-09 Oil prices jump above $75 a barrel to 1-year high
Benchmark crude for November delivery was up 85 cents to $75 by midday European electronic trading on the New York Mercantile Exchange. The price reached $75.15 earlier in the day, the highest since October 2008.
Oh crap, and that $10/gallon gas you predicted is ALREADY killing me. Oh wait a minute....
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