Do not confuse ethanol and biodiesel!!! Ethanol, they say may make the energy crisis worse, however biodiesel makes use of cooking grease from mcdonalds and your dorm's cafeteria to make fuel!
Ethanol is making the energy crisis worse because it's terribly inefficient. It would be much more efficient to just run cars off of an electric battery.
Yea, electric cars should be in every garage but the idiotic US automotive industry combined with the extensive oil production/refining companies have quashed it so they can push a new 'refinable' fuel.
Biodiesel is mainly made from plants that are used as food too. Palm oil bio diesel is currently causing a lot of environmental damage in south east asia.
Bug you're bang on there. I've made over 60% gains on two plam oil equities in asia this year. Funny... it was easily predicted once oil started going apeshit.
These, along with a load of energy and food commodities are what I call my 'Unethical fund'.
Highly profitable, but morally questionable. I hope to retire with the world in ruins around me. Looks like my wish will come true.
Be careful to bail out when it comes down again. Right now in Europe the opinion starts to swing against stupid pseudo ecological measures. Palm oil may be out of fashion quickly.
I am going for base materials for my portfolio just now, mostly Australian metals.
I don't know about "biofuel", arse, but certainly ethanol ranks right down there with bullshit.
Not long ago a wonderfully interesting presenter on the TED series of talks referred to ethanol as "bad science", a hoax on the public. Another (whose name and credentials elude me) asserted that it took more than a gallon of fossil fuel to produce a gallon of enthanol...which might be hard to accept as fact. He noted that the only reason that ethanol is even marginally competitive with fossil fuel price-wise was because of huge federal subsidies to the ethanol producers...so what you don't pay at the pump, you do pay in your taxes. And the side affect of the ethanol boom, which apparently benefits only the corn industry, is the diversion of farm production from food supplies to ethanol manufacturing. So, US and world food costs are cycling upwards as farmers switch crops and otherwise try to jump on the ethanol bandwagon.
Another point I find personally interesting. I own a little 25 ft. Four Winns, a fun boat. Now, it's been like, what?, two years or so since the feds mandated that gasoline producers make ethanol a 10% constituant of their fuel.
Nothing was said against ethanol at the outset...no downsides were noted at all. Recently it has been reported that ethanol doesn't like fiberglass....in fact it "eats" it, and produces a sticky, sludgy byproduct in the process.
Guess what many boats have....RIGHT....fiberglass fuel tanks. Can you believe that neither the feds nor the gas companies made that information available to the general public....it is only just now being circulated widely. So, many boat owners are faced with the issue of replacing the fuel tank...which can be extremely expensive, as some are not removeable without damage to surrounding structure. The alternative is to take the chance that the tank will hold together long enought to dump the boat. But that is a foolish option since it is likely that the engine(s) will be ruined as the sludge gets into the carbeurator and cylinders and other internal parts.
Fortunately for me, my boat has an aluminum fuel tank...but that is just dumb luck. To me this issue borders on criminal negligence. Man, sometimes it seems the only feature we now possess in great volume is the incompetence of our leadership, though the disdain of big oil may come in a close second.
Biofuel itself isn't bullshit, but it's not any greener than using fuel. There's not going to be an alternative energy as efficient and awesome as fuel. We're just doing it so we don't have to rely on Arabs 8-)
No, I'm very aware that Canada is our number one supplier, but that doesn't mean that #2 is something to shrug off. We'd rather have numbers that are astronomically high so we don't have to worry about anything, like with IPv6.
Ah, no...It's #2. http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html And besides, this is only dealing with exports, not potential amounts of petroleum. Now I don't know the details, but what if Canada doesn't have as much potential petroleum? It says on that same link 65% lie beneath the Middle East. Now, perhaps the reason we get more oil there is because it's a little easier for us to get it there when you consider proximity, our relations with Canada is good, and we share common beliefs (i.e. we're not looked at as infidels or scoundrels).
As for ANWR, I would only like to see it done as a last resort, as the estimates on just how much potential oil is there seems a little shady.
launch - looks like the arabs regained #2 status, per your reference. Guess it will be changing from one month to the next, but the residual effect will remain...we are dependent on foreign oil from not-so-friendly producers...save for Canada.
As recently as about six or seven months ago, I checked the D.O.E. website, and the top oil exporters to the U.S. from most to least was as follows: Canada, Mexico, Venezuela, Saudi Arabia.
Now the Saudis have suddenly jumped into the #2 slot??
I'm starting to get a sinking feeling that because of who's sitting in the White House (and his familys' ties to the Saudis) that there is a DELIBERATE move to become MORE dependent on the Saudis and their oil. Why? Personal wealth for La Familia. Think about it. All that rhetoric from Georgie-Boy about "becoming less dependent on foreign oil" for the past several years.....and now the Saudis have slithered into the NUMBER TWO slot?? I mean....COME ON! And launch....you're partially correct: the oil in Saudi is more accessable because it's literally in POOLS just below the sand. In Canada, you got to dig it out from the ground, and separate it from the dirt. However, in terms of AMOUNT of oil? It's already been established that Canada has the equivalent (if not more) of the black gold than those Saudi chowder-heads.
I just remembered something I saw on "60 Minutes" or some similar news program a while back, about oil revenues; a Texas oil tycoon (or something like that) said "Personally, I don't know why some folks in Washington either bash Canada, or are otherwise completely oblivious to our neighbour to the north. Considering how we're viewed in the Middle East countries and that we get most of our oil from Canada, there's going to come a time when WE will need THEM, more than they need us. So I think it'd be a good start if we started maintaining/mending our relationship with our cousins up there." (he pronounced "there" as "thar"....lol!).
Don't know how much the current economic slump has hit the average Joe in the U.S., but if any of you guys want a job, head up to the oil sands region in Fort McMurray, Alberta. There's tons of jobs up there; all kinds of stories about folks heading out there for six months to a year, and making a goddamn MINT, and going back home and buying houses, cars, etc. They're CRYING for people. That's how busy they are. One guy I personally know came back from there, and made 60-70K for SIX MONTHS! Shit, from what I understand, there's someone from any given oil company waiting at the airport or bus depot, and hiring people as soon as they get on the ground. They just point at people, and say "You! Wanna work? Let's go".
Mind you, the consistant thing I've heard is that it IS WORK. Hard work. But I dunno...if someone can hack it for six months or a year.....might be worth it.
If I didn't have the job I have now, and was in a different point in my life....I'd already be out there (or scoping it out, at the very least).
The Canadian dollar is at par with the greenback right now, so your potential wages would be identical with the value of the money you have in your pocket right now.
everyone will be driving around on cheap fuel but milk will cost $10 a gal.
My little chevy gets 30-34 mpg, it would be nice to get 45-50 and I'd drive alot less. I know a guy who pushes corn stoves, we can't burn our food. turn the stat down to 60 degrees and the ac up to 80, shit when I was a kid there was no AC and the house was cold all winter but better than outdoors.
The answer is use less of everything and let Miter blow-up your SUV.
B?B it is are you a cretin? that's the proper way to enunciate that
You still seem to to have the IQ of 62,i guess it not your falt when your parents we siblings. leave you children alone .
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