Re: OT: this is what causes inflation

Apr 30, 2022 Last reply: 4 years ago 5 Replies

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Ed Pawlowski 4 years ago

> >>>

>>>>
>>>> Add to this the mandate of demanding something like 49 mpg in a few
>>>> years and pushing electric car production. Lot of places here and
>>>> abroad will not allow ICE cars in the future. So why should oil
>>>> companies increase production.
>>>
>>> You bring up some interesting points.
>>>
>>> What do you think the future will be like. I'm talking 20, 30, 40
>>> years from now. The easy to get oil will be gone, the hard to get
>>> oil will cost more to produce and eventually, there will be none. >>>
>>> What would your plan be? Should we be looking at better ways to
>>> capture solar? There is more solar energy on the earth every day
>>> that we can possibly use. Should we be fixing the grid? Should we
>>> convert the auto fleet to EV so the fuel left can be used in aircraft? >>>
>>> Should we have a plan or just grab as much cheap gas now as we can
>>> get? Is this just a fiscal situation or do we have a moral obligation
>>> to consider the future?
>>
>> We will never run out of oil but it will continue to be more
>> expensive. You could make it from coal with processes know for over
>> a 100 years.
>> Carbon dioxide can be sequestered and probably disposed of underground. >>
>> Nuclear is also a good way to go.
>>
>> Of course conservation is important as is continuous improvement.
>> Solar cells keep getting more efficient.
>>
>> My new Chevelle decades ago got 16 mpg on all highway driving but my
>> new Crosstrek today registers 33.5 mpg in all round driving.
>>
>> There are inventions to be made, for example, room temperature
>> superconductivity would save a bundle of energy.
>
>
> Every time it is declared that oil will run out, we
> strangely find more.
>

Everything in the earth is finite. Prove otherwise.

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T 4 years ago

Ask yourself. Where did the oil come from to start with? Hmmm. Do you realize it is a renewable resource? Did not know that, did you. But we will probably get to some point were we use up the current resources and can not create it fast enough. But that will be a long time in the future. Hopefully, you libs will let us use nuclear power and hydrogen by then. Wind and solar can match our needs.

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Ed Pawlowski 4 years ago

Perhaps you should invest in oil futures for the new production. Think how wealthy you will be when they start pumping it

How long did it take for oil to be made? With an estimated average sedimentation of 50 meters every million years, it takes 60 million years for dead animals to become liquid hydrocarbons. It is hardly surprising, therefore, that oil is classified as a non-renewable energy.

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T 4 years ago

It is amazing how many folks do not realize the relationship marine snow has to oil.

And you are correct, there is not enough time or marine snow to keep up with demand. And don't forget the necessary plate tectonics. Still we keep finding it. By the time we run out, hopefully we wil be converted to a hydrogen economy. We have tons of sear water available, but that to is a finite resource. Though I doubt humanity will ever run out of it, And burning hydrogen creates water, which will replenish it.

We only have to get past all the cold war propaganda against anything nuclear and start making hydrogen with nuclear power.

These new small reactors that won't melt down are awesome technologies.

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rbowman 4 years ago

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If you can make one hydrocarbon, you can make another. In fact

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Or you can skip a few steps:

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That isn't a new idea:

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"During World War II the United States conducted secret research in converting coal to gasoline at a facility in Louisiana, Missouri. The Louisiana operation began about 1946 using captured German technology. Located along the Mississippi river, this plant was producing gasoline in commercial quantities by 1948. The Louisiana process method produced automobile gasoline at a price slightly higher than, but comparable to, petroleum-based gasoline[7] but of a higher quality.[citation needed] The facility was shut down in 1953 by the Eisenhower administration, allegedly after intense lobbying by the oil industry."

Say it ain't so, Joe.

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Well, maybe...

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Those guys look happy. fwiw Truman vetoed a similar bill but Ike was all in.

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trader_4 4 years ago

That ranks right up there with the stupidest things you've ever posted here. Yes, oil is renewable, all we have to do is wait a hundred million years.

But we

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