CaptBob

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  • Oil Will Peak at $150-200 - Barron's Interview
    Oil is strictly in a supply demand mode.
    The reserves have peaked and the supply is declining--check production.
    China has replaced Japan as #2 consumer.
    The Chinese and Indians are increasing their demand.
    Per-capita they use a minuscule amount compared to the U.S.
    There are a lot more of them!

    Jun 08 11:42 am |Rating: 0 0 |Link to Comment |View article
  • The Triple Play: Oil Addicts, The Credit Crunch and Deflation
    Over the past few years, diesel's popularity as an automotive fuel has grown significantly. Thanks to its higher energy content and its efficient combustion process, diesel performance enables cars to travel at least 30% farther on a gallon of fuel than comparable gasoline models.

    The improved efficiency of diesel engines can also help reduce oil consumption. It should be noted, however, that it takes about 25% more oil to make a gallon of diesel fuel than a gallon of gasoline, so we should really look at how a vehicle does on fuel efficiency in terms of "oil equivalents." Thus, we need to adjust the mileage claims for diesel vehicles downward by about 20% when comparing them to gasoline-powered vehicles. There are diesel four passenger cars in Europe getting 90MPG see VW & Audi 1.2 TDI. They are not and never have been imported here--WHY???---.

    What we use now is nothing but solar energy converted to plant matter by photosynthesis. That process took millions of years, the technology exists, right here right now replicate and accelerate this process to produce bio-diesel that will run a truck or fly a plane in --24--HOURS, and clean the emissions of co2 from a coal burning generator as a fuel source---ALL at the same time!!!--(see bio-diesel algae).

    Just connect the dots folks the path is clear, lets stop debating the rules of the race. That's just politico-speak for how I personally can benefit.
    May 22 12:25 pm |Rating: 0 0 |Link to Comment |View article

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