What do you pay for gas?
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- Balpreet Bhamra
- Newbie
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US has oil in Alaska, Rocky mountains, Texas, Gulf of Mexico, Upper mid west and off shore. Wind can not provide even 10% of US electricity and I agree it is totally clean. There will be more drilling in US as $4 gas has shifted the public opinion in its favor.
Nuclear plants do not emit any green house gases so Zero pollution and nuclear waste can be safely stored as being done now with no issues in last 40-50 years.
Electric cars are good but do they tell you where are we going to dispose off those Huge batteries which will be installed in them.
Every solution has a + & -.
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- GollumX
- Elite Rocketeer
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Balpreet Bhamra wrote:
Wind can not provide even 10% of US electricity and I agree it is totally clean.
I disagree about that figure but still... a very good point. 9% of US electricity being supplied by wind would still change the course of the world.
Solar energy could power the whole US easily though.
You're right about nuclear energy, but with terrorism, the risks are too high IMHO. Imagine 200 nuclear plants(potential targets)... and imagine just one well placed Chernobyl-like disaster in the US.
The costs of building them can't be more then building massive solar and wind farms.
About the electric car batteries, good point. Still, technology has come a long way.. maybe they can be recycled in some form or other.
You're right about everything having it's negatives and positives. I dislike the eyesores that are wind farms.
The point about public opinion turning in favour or US drilling: this is "uninformed" opinion. If you tell these masses that drilling won't change prices for another 5+ yrs, and if the same money was invested in wind farms, solar energy, biofuels from non-food sources such as algae, and nuclear plants, energy would cost just as little in the future... they'd think twice about more drilling.
The working class in the US wants immediate results and that just can't happen. Well... it could .. if the US pulled out it's invader soldiers it would save a few hundred billion per year immediately... this could be used for fuel subsidies that would provide immediate relief. It's a pity a fool was elected as president... and then re-elected
to the shock of the rest of the world who depend on the White House so much.
Ooop. I digress. Sorry Balpreet, and others in this thread. I always get worked up when this topic comes up... best I leave before I cause trouble. - Last Edit: 16 years 5 months ago by GollumX.
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- Balpreet Bhamra
- Newbie
- Posts: 16
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Sorry for electing a fool (MBA from Harvard Business School and a Fighter Pilot). I voted for him in 2004 even though i voted for Gore in 2000.
I agree with you on exploring renewable energy sources. But, Nuclear should always be an part of all the changes needed. Japan has huge # of Nuclear plants that can withstand 8.0 on rector scale (and decent size explosions) and these can be located away from big population area.
US house and senate had passed drilling in Anwar in 1994 and it was vetoed by Bill CLinton and it was said at that time we will not see a drop of oil from that place for next ten years and now after 14 years we could have really used that OIL.
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- James Spencer
- Preeminent Rocketeer
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Nuclear Fusion is the future!!!
No need to worry about radiation with these babies (just might destroy the planet in the process)
- James Spencer / Developer & Support / Hull, UK
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- Kingtech
- Jr. Rocketeer
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http://water4fuel.info/
I know, this site is probably BS, but there is actually science behind breaking apart H20 into Hydrogen and Oxygen....
I drive a V8 and wonder why I am so happy that I am ONLY paying 3.89 a gallon at Kroger because I have a 10 cent / gallon discount for having purchased over $100 in groceries this month. Yes, my groceries cost a little over $100 for the month, but my truck (a Toyota Tundra) has a 26 gallon tank. so around $100 to fill it up. That will get me about 350-400 miles. Gas expands with temperature... 1 gallon of gas at 95+ temps, which is what we are getting in Texas is actually probably about 0.9 gallons in 70 degree temps..
I agree with the earlier idea that alternative fuels are going to be the answer. - Last Edit: 16 years 5 months ago by Kingtech.
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- James Spencer
- Preeminent Rocketeer
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Kingtech wrote:
ps - I am very happy to be a web designer and able to work from home!
lol indeed
- James Spencer / Developer & Support / Hull, UK
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- Joe K
- Elite Rocketeer
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In the short term the market can be manipulated, such as by speculation...
Google "high oil prices speculation" and you'll find many financial news sites and various experts think that the current high prices are caused by speculation. Artificial price hikes are never sustainable so eventually they will come down.
Damn, Gollumx has turned economist on us!
I agree, speculation is the magic word. The financial sector never seems to be content with traditional investments and always gets sucked into using leverage (mortgage crises/credit swaps) and we are seeing it again with commodities. Leverage is utilized everyday in the stock markets as people trade options and use margin. In the later example, 50% of the purchase price of a -security has to be in ca-sh and up to 50% can be margin(loan). With commodities the number is more like 30 to 1. That means for $1 you can control $30 of a certain commodity. Used to be that commodities was territory of big firms and traders, not any more. With the advent of exchange traded funds and other investment instruments, just about anyone can pour money into commodities and just about every one is. I had an 80 year old client ask why we had her in safe secure investments and were not pursing gold
Although the demand for oil from China and other countries has gone up, it is no where near the level that would cause oil prices to climb as high as they are. The answer is LEVERAGE.
As to the original question, I pay 79c for gas and $4.19 for the stuff that makes my car go.
- Last Edit: 16 years 5 months ago by Joe K.
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