$100 barrel of oil, here we come….

[one_muggle]

So why has production been essentially flat for three years while oil has gone from $30 to $94 (according to you this increase in prices should have caused production to increase)
That’s 0% increase in production
300% increase in price
Seems that your argument is missing something

Ugh. The price increase makes it more attractive to extract more expensive oil– but the time/cost of new wells is high. For sure, if prices stay high, production will keep increasing–not forever, I never said that, but for now.
BTW, if you want to see the impact of high oil prices, look at exploration companies like Dawson Geo and OYOG, they have been doing quadruple the business of the previous five years.

As far as missing something-I think you are missing something, data:
Daily production (thous. barrel per day)
2002: 74496
2006: 81663

http://www.bp.com/liveassets/bp_internet/globalbp/globalbp_uk_english/reports_and_publications/statistical_energy_review_2007/STAGING/local_assets/downloads/pdf/oil_section_2007.pdf

Last time for my original point, before getting bogged down in explaining things I never said–many people throw around the Hubbert Peak to predict the end of oil. It is not, and was never the purpose of the Hubbert Peak. It was based on the ability to extract cheap oil, written by an employee of an oil company, showing that the US was running out of cheap oil, thus encouraging more international exploration. We (the world) will run out of cheap oil way, way, way before we run out of oil that is cheaper to extract than the energy it costs.
Yes, the price will rise, and the economic consequences could be severe, but we are not about to run out of oil–possibly we are on the cusp of running out of cheap oil.

-one muggle

[4plexowner]

You’re sending me to an oil company’s web site to prove your point

How would you feel if I sent you to ReMax or NAR’s website to support a real-estate related point?

[4plexowner]

You’re sending me to an oil company’s web site to prove your point

How would you feel if I sent you to ReMax or NAR’s website to support a real-estate related point?

[4plexowner]

You’re sending me to an oil company’s web site to prove your point

How would you feel if I sent you to ReMax or NAR’s website to support a real-estate related point?

[4plexowner]

You’re sending me to an oil company’s web site to prove your point

How would you feel if I sent you to ReMax or NAR’s website to support a real-estate related point?

[Anonymous]

ucodegen, you said “There is no way for a battery to contain the same amount of energy per pound as a gallon of gasoline.”

I agree that today’s batteries can’t, but why do you say that there is no way? I don’t see why future batteries, which will keep improving as technology is improved, could hold even more energy than gasoline on a pound per pound comparison. Also, I’ve heard of ultra capacitors possibly being used in electric cars, which could be a significant break through.

In addition, I’ve read that that the “well-to-wheel” efficiency is better using an electric car than a gasoline car. In other words, generating electricity at a remotely located power plant using a gallon of gas (as an example)and using that electricity in an eclectic car, even taking into account the transmission loss, can actually be more efficient use of the gas than when used in a car. This is because the power plant is much more efficient and clean in the power conversion process.

Plus, you add the flexibility of being able to generate electricity by a variety of means, as opposed to being limited to gas. Once the price of solar panels comes down, people can install panels on their roof and possibly drive with only the cost of vehicle maintenance.

I admit we likely do not have the power generation facilities to accommodate a large number of electric cars today, but it is certainly a feasible alternative in the near future.

[Anonymous]

ucodegen, you said “There is no way for a battery to contain the same amount of energy per pound as a gallon of gasoline.”

I agree that today’s batteries can’t, but why do you say that there is no way? I don’t see why future batteries, which will keep improving as technology is improved, could hold even more energy than gasoline on a pound per pound comparison. Also, I’ve heard of ultra capacitors possibly being used in electric cars, which could be a significant break through.

In addition, I’ve read that that the “well-to-wheel” efficiency is better using an electric car than a gasoline car. In other words, generating electricity at a remotely located power plant using a gallon of gas (as an example)and using that electricity in an eclectic car, even taking into account the transmission loss, can actually be more efficient use of the gas than when used in a car. This is because the power plant is much more efficient and clean in the power conversion process.

Plus, you add the flexibility of being able to generate electricity by a variety of means, as opposed to being limited to gas. Once the price of solar panels comes down, people can install panels on their roof and possibly drive with only the cost of vehicle maintenance.

I admit we likely do not have the power generation facilities to accommodate a large number of electric cars today, but it is certainly a feasible alternative in the near future.

[Anonymous]

ucodegen, you said “There is no way for a battery to contain the same amount of energy per pound as a gallon of gasoline.”

I agree that today’s batteries can’t, but why do you say that there is no way? I don’t see why future batteries, which will keep improving as technology is improved, could hold even more energy than gasoline on a pound per pound comparison. Also, I’ve heard of ultra capacitors possibly being used in electric cars, which could be a significant break through.

In addition, I’ve read that that the “well-to-wheel” efficiency is better using an electric car than a gasoline car. In other words, generating electricity at a remotely located power plant using a gallon of gas (as an example)and using that electricity in an eclectic car, even taking into account the transmission loss, can actually be more efficient use of the gas than when used in a car. This is because the power plant is much more efficient and clean in the power conversion process.

Plus, you add the flexibility of being able to generate electricity by a variety of means, as opposed to being limited to gas. Once the price of solar panels comes down, people can install panels on their roof and possibly drive with only the cost of vehicle maintenance.

I admit we likely do not have the power generation facilities to accommodate a large number of electric cars today, but it is certainly a feasible alternative in the near future.

[Anonymous]

ucodegen, you said “There is no way for a battery to contain the same amount of energy per pound as a gallon of gasoline.”

I agree that today’s batteries can’t, but why do you say that there is no way? I don’t see why future batteries, which will keep improving as technology is improved, could hold even more energy than gasoline on a pound per pound comparison. Also, I’ve heard of ultra capacitors possibly being used in electric cars, which could be a significant break through.

In addition, I’ve read that that the “well-to-wheel” efficiency is better using an electric car than a gasoline car. In other words, generating electricity at a remotely located power plant using a gallon of gas (as an example)and using that electricity in an eclectic car, even taking into account the transmission loss, can actually be more efficient use of the gas than when used in a car. This is because the power plant is much more efficient and clean in the power conversion process.

Plus, you add the flexibility of being able to generate electricity by a variety of means, as opposed to being limited to gas. Once the price of solar panels comes down, people can install panels on their roof and possibly drive with only the cost of vehicle maintenance.

I admit we likely do not have the power generation facilities to accommodate a large number of electric cars today, but it is certainly a feasible alternative in the near future.

[kewp]

Also, I’ve heard of ultra capacitors possibly being used in electric cars, which could be a significant break through.

Read the story I linked above. Ultra-capacitors tied to a super high output/efficient diesel fueled turbine.

There are much more efficient engine designs available, its just no one has brought them to market yet. I guess the invisible hand is going to change that shortly.

[kewp]

Also, I’ve heard of ultra capacitors possibly being used in electric cars, which could be a significant break through.

Read the story I linked above. Ultra-capacitors tied to a super high output/efficient diesel fueled turbine.

There are much more efficient engine designs available, its just no one has brought them to market yet. I guess the invisible hand is going to change that shortly.

[kewp]

Also, I’ve heard of ultra capacitors possibly being used in electric cars, which could be a significant break through.

Read the story I linked above. Ultra-capacitors tied to a super high output/efficient diesel fueled turbine.

There are much more efficient engine designs available, its just no one has brought them to market yet. I guess the invisible hand is going to change that shortly.

[kewp]

Also, I’ve heard of ultra capacitors possibly being used in electric cars, which could be a significant break through.

Read the story I linked above. Ultra-capacitors tied to a super high output/efficient diesel fueled turbine.

There are much more efficient engine designs available, its just no one has brought them to market yet. I guess the invisible hand is going to change that shortly.

[drunkle]

heh. i’ve been tossing the idea of a diesel turbine/electric hybrid around for awhile. good to see someone doing it.

an interesting advance in air flow analysis will hopefully produce more efficient turbines to boot.

note, the best solution imo is still a pure electric. as noted by the other poster, electricity is more efficient, has bigger potential, lower costs, better environmental impact…

[drunkle]

heh. i’ve been tossing the idea of a diesel turbine/electric hybrid around for awhile. good to see someone doing it.

an interesting advance in air flow analysis will hopefully produce more efficient turbines to boot.

note, the best solution imo is still a pure electric. as noted by the other poster, electricity is more efficient, has bigger potential, lower costs, better environmental impact…

[Author]

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