I'm Beginning To Wonder About George Bush

French fry oil!

http://www.biodiesel.org/

Of course they don't sell diesel powered Hummers....yet.

I'm not sure if they even sell diesel powered SUV's. VW sells all of their vehicles with a diesel option and of course you can buy commercial grade trucks from Chevy, Ford, and Dodge with diesel engines.

 

I believe the correct term is "Freedom" fry oil. Lets keep the french away from my vehicles please.

 

We are already using vegetable oil to power cars. Buy your converter for only $795!

GreaseCar

Not sure when we'll reach the Peak Vegetable stage tho...

 

Not sure if this is aimed at my earlier post, but just in case...

I don't assert they set price together. I do assert that they establish energy policy (using that phrase very loosely) to primarily benefit the status quo of energy producers (and companies predicated on the status quo.) That much should be obvious.

 

There is PLENTY of oil left, enough to sustain the world's economic growth well past our lifetimes, even our grandchildren's lifetimes (now don't shoot me a graph showing known world oil reserves, i'' show you one from the seventies, and we'll see the historical accuracy of these charts)

MASSIVE oil fields are being discovered in deep water (5000ft+), and it is very expensive process to go from the point of discovering these reservoirs to finally putting them on production. Sometimes it takes years and billions. 50$+ oil is the key to allowing oil companies to unlock these fields, as otherwise it is cost prohibitive.

Oil companies are making much more gross revenue, and they're also pouring billions into R&D, and into developing these fields that are at the threshold of our capability with latest technology.

And rest assured, there are even bigger fields in deeper waters where even now either the technology cannot allow us to go there, or, incredibly, it's still cost prohibitive.

The economics to all this are really quite simple. Demand is growing, oil (although quite plentiful) is in places that are more difficult to procure. So guess what happens?

Also, the sky is not falling.

 

The oil in the Anwar reserve is mostly in shale. As is most of the world's untapped reserves. It is prohibitively costly for oil companies to extract oil from shale. If they start taking oil out of shale the price would likely be 150-200 times what it is now. There are also reserves off the coast of California that oil companies do not want to tap because of the plate techtonics.

Floridians won't allow drilling because they don't want to end in the situation Louisiana is in now with coastal erosion and land loss. I wouldn't call people who don't want drilling off the coast of their homes environmental wachos like SD Man. I call them smart. If the oil companies had been better stewards of the land they mined we would not be in the situation we are now in.

Also there is no need to extract oil from the ground. It can be made from any organic material. There is a plant already doing this in Missouri. They use turkey guts and waste to make oil. Google thermo-depolymerization.

 

Not directed at you. Directed at other dude who said he blames Bush for the high price of oil. That's like saying you blame Bush for WWII.

What would you have changed in the energy bill to really "stick it to" the evil energy producers? What? He's advocated more nuclear power plants but try getting one of those built in 47 of the 50 states. He's advocated clean coal burning techniques to quit using oil for electric energy production. Tax breaks for hybrid cars.....hell windmills in your yard if you want it. Name one thing that could have changed anything by being in an energy bill?

That's part of the problem here: if anyone is waiting for government to solve this or any problem, you all can keep waiting. These advancements have to come from the private sector where demand is so high for hybrid or electric or corn burning cars, manufacturers have to make them. But until those said cars are worth a damn, no one will buy them.

 

Floridians don't want drilling right off the coast also because they don't want to look off the beaches that bring in millions of bucks and see wells everywhere. I agree with that.

But the leveeing of the Miss. River has as much to do with our coastal erosion problems as evil and malicious oil companies. The silt that used to replace lost coast is no longer coming to the same places. It's been blocked so that it can't replenish the coast. How has off shore drilling in the gulf destroyed our coast and marsh?