Thread: Oil Surges above $85/barrel
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Old 10-27-2007 | 05:51 AM
  #80  
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satchip
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From: Flying the SEC
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Sparky, nice try. I am not an oil man I am a pilot, consumer, and 20+ year Air Force vet. My info came from here, http://www.seco.cpa.state.tx.us/index.htm, hardly an industry site. Alternative fuel is just not there yet. There is plenty of oil that we can get cleanly and economically and immediately reduce the market price.

You have thrown out a lot of statements without much supporting documentation. Let me politely refute some of them.

Corn is going up because we are burning it! 3 year chart for corn prices. Ask someone south of the border how much corn prices have risen. It affects everything they eat.


We don't use switch grass or sugar for ethanol production because of government intervention. IE high tariffs on sugar based ethanol from Brazil and billions in corn subsidies to Iowa and the other corn producing states. Why, to buy votes. Besides Ethanol is a terribly inefficient fuel. E85 engines get much less mpg. http://www.fueleconomy.gov/feg/sbs.htm
click on the 5.3L gas engine and the 5.3L E85 engine. That is about a 25% decrease in fuel economy.

The fact that you mentioned Kyoto disqualifies much of your arguments. Kyoto was an anti American, anti Capitalist attempt to destroy our economy. Even the Democrats won't ratify it.

As for Mr Kausch, his agenda is clearly apparent in the article.

Ethanol is a form of alcohol that burns much more cleanly than gasoline, so it results in far lower emissions when used to power automobiles and other vehicles. Since a majority of the carbon dioxide emissions that cause global warming come from transportation sources, Kausch believes that switching from gasoline to 100 percent ethanol is an important step toward halting climate change. “It won’t entirely solve the problem, but it sure will help,” he said. “And the reduced CO2 that comes from your tailpipe is then absorbed by the plants that are then turned into ethanol again, so it becomes a natural cycle.”

The far more CO2 is produced naturally, according to the IPCC, than by man made emissions. OBTW, CO2 is not a pollutant. The whole climate change racket is just that. It is anti capitalism and anti human, pure and simple.

And your wind power argument. Once again do the math. 47000 acres to produce 750 MW. Look at this chart. The total US demand per year exceeds 750,000 MW. That is 47 million acres of wind farms.

http://www.eia.doe.gov/cneaf/electricity/epa/epat3p1.html

That also assumes that the wind never stops blowing nor changes direction. I fly over this wind farm every day and about half of the turbines are turning at any one time. (purely unscientific observation)

Face it Sparky, alternative fuels are a pipe dream right now. Maybe in a couple of hundred years when we think we might really run out of oil the market will drive a switch. That is the key though. The market is infinitely smarter than any government bureaucrat. Let it work.
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