Absolutely right. Gasoline prices won't come down just because we've
got more domestic petroleum. American oil companies sell their product at the
WORLD'S price, not some specially discounted price for Americans, of
course. What WILL bring fuel prices down is competition. But for the competition
to be robust, it needs to occur within a single vehicle. In other words, a car
that can burn any combination of gasoline, ethanol, or methanol (known as a GEM
car). We have electric cars and CNG cars, etc., which is a sort of fuel
competition, but it is feeble, weak, and slow. Every gasoline
burning car now on the road could become a GEM car very easily and
inexpensively, pitting the fuels against each other. Right now, with no
subsidies, methanol and ethanol could be profitable at half the price of
gasoline. That's what we need. We can't break an oil
monopoly by drilling more oil, no matter how much we drill. It's still a
monopoly and any competition it has is feeble.
Hey 2 bits -So you think there's not evidence that fracking
causes earthquakes, huh?Well, a newspaper called the Deseret News
ran an interesting article last month that refutes your claim, entitled
"States confront worries about fracking, quakes.""Earthquakes used to be almost unheard of on the vast stretches of prairie
that unfold across Texas, Kansas and Oklahoma . . . But in recent years,
temblors have become commonplace. Oklahoma recorded nearly 150 of them between
January and the start of May . . . " - Deseret NewsI guess the
DN is a little too left of center to be believable for you, huh?
Add bio-fuel derived from non-food plants (cellulose, algae, etc.) to this mix
and the picture only gets brighter.I really think that, like the
incredible increase in our energy potential during the last decade from shale
gas/oil sources due to fracking, we're on the cusp of an even greater
revolution in the form of bio-fuels. It's been a long time coming but
I'm keeping my fingers crossed it will arrive soon.
Ethanol separates from gas. Ethanol raises the octane in gas but it separates.
so octane isn't what you think it is. Ethanol attracts water which starts
to settles at the bottom of the tank at about 2 tables a gallon. That adds up.
Ethanol dissolves plastic and rubber, and corrodes metals.
airnaut,Re: "If fracking in an area of the country that NEVER has had
Earthquakes before, suddenly starts trigging earthquakes..."....Where exactly are you talking about? Are you just stoking fears again... or
do you really have a place where this is happening. What location is having big
earth quakes now... that never had earth quakes before?I didn't
know ANY location on this earth never had earth quakes before!===========I did some research on it... and this is what I
found..."A peer-reviewed 2012 study on fracking in the Inglewood
Oil Field in Los Angeles County found that “the high-volume hydraulic
fracturing and high-rate gravel packs had no detectable effects on vibration,
and did not induce seismicity (earthquakes).”The National
Research Council, which is part of the National Academy of Sciences, also found
last year that fracking poses a low risk for “inducing felt seismic
events.”===========IF you get your news from
Mother Jones... I can see why you would believe and post the stuff you do.
Luckily there's more than scare tactics and Mother Jones out there.
There's scientific research on this topic.
If fracking in an area of the country that NEVER has had Earthquakes before,
suddenly starts trigging earthquakes...Did Dan ever stop to think
about what fracking will do to a place like Utah -- that not only HAS
Earthquakes, but is home to some of the largest earthquakes in the world?Not to mention the amount of water - in a DESERT - that is required?