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Old 01-13-2015 | 07:39 AM
  #175703  
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Timbo
Runs with scissors
 
Joined: Dec 2009
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From: Going to hell in a bucket, but enjoying the ride .
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Originally Posted by Sink r8
Nothing to talk about... Unless you live in PA.
Or Texas, or Arkansas...my buds who live in those states say they can feel the earth shaking with the fracking, and the AR guy said they are getting sinkholes too.

I've been hearing about "Alternative Energy" since I was a kid. When the price of oil ran up in the early 1970's, my mom went and bought a diesel VW Rabbit that got 50 mpg.

And remember the 'first' electric car Chevy built/sold back then?


I remember being taught about Solar Power in school back then, and windmills, etc. just like what we've been hearing the past 10 years. By now we were all supposed to be driving electric cars and using solar power for our homes.


Then just as the 'alternative energy gold rush' got underway...oil prices crashed, just like now, and effectively killed off that whole industry.

Over the past 40 years it's been through a couple more cycles just like that, this is just the latest attempt by the Saudi's to (once again) crush the "Alternative Energy" revolution.

Thomas Freidman wrote a pretty good book about it (needing to find alternative energy, as the 3rd world enters the modern age, with billions of people needing more energy to do it) called "The World is Flat, Hot and Crowded" where he goes deep into the politics and money required to break our addiction to cheap oil.

http://www.thomaslfriedman.com/books...at-and-crowded

I'll save you the time and money; the bottom line is, without a government mandate (like new vehicle gas mileage requirements, and the new light bulbs) investors won't pump in the needed money to truly develop "Alternative Energy" because as soon as they do, oil prices crash and the whole A/E industry gets crushed. No ROI.