What's it coming to? The ripple effect?
04-04-2008 | 12:58 PM
#21
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Joined: Apr 2007
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This interesting that this subject has been brought up because I just completed a report on aviation alternative fuels. I don't know to much on the automotive side; however, if they can power airplanes with alternative fuels, cars are not a problem. The Commercial Aviation Alternative Fuels Initiative (CAAFI) is getting the ball rolling with a vengence on alternative fuels. http://www.faa.gov/news/fact_sheets/...m?newsId=10112
There has already been numerous tests for synthetic jet-A FTs (Fischer-Tropisch process). In fact, Sasol out of Johannesburg Int'l pumps airplanes with in synthetic Jet-A FTs (low 30%) with no problems. http://www.atwonline.com/channels/ai...articleID=1926
As for biofuels, There are some major players participating in overseeing the development of bios including GE, Continental, Virgin and Airbus. There has already been test flights made with bios with more on the way.
Other alternatives include Gas-to-liquid (GTL) which takes natural gas and converts it to liquid kerosene. More alternatives being considered is Coal-to-Liquid fuel which by the way has government support with several bills making their ways up the congressional ladder. In fact these bills are being sponsored by Obama and Jim Bunning (R-Ky). Alittle bit of trivia, the U.S. is the "Saudi Arabia of coal" with KY and IL being the leading states. "But what about greenhouse emissions?" I'm sure that was itching on people minds. Only fuels with global greenhouse gas emissions equal or less that that of petroleum are considered by CAAFI. The USAF wants the whole fleet to be flying with at least 50/50 FTs by 2016.
So relax fellas, its on the way. This might help to put the airlines back in the positive side of the ledger. Plus it would be nice for the U.S. to hold the cards over the world for alternative fuels for a change (or at least be self reliant from the world).
I sure that most of you already knew about this. If so, forgive me if I bored you.
There has already been numerous tests for synthetic jet-A FTs (Fischer-Tropisch process). In fact, Sasol out of Johannesburg Int'l pumps airplanes with in synthetic Jet-A FTs (low 30%) with no problems. http://www.atwonline.com/channels/ai...articleID=1926
As for biofuels, There are some major players participating in overseeing the development of bios including GE, Continental, Virgin and Airbus. There has already been test flights made with bios with more on the way.
Other alternatives include Gas-to-liquid (GTL) which takes natural gas and converts it to liquid kerosene. More alternatives being considered is Coal-to-Liquid fuel which by the way has government support with several bills making their ways up the congressional ladder. In fact these bills are being sponsored by Obama and Jim Bunning (R-Ky). Alittle bit of trivia, the U.S. is the "Saudi Arabia of coal" with KY and IL being the leading states. "But what about greenhouse emissions?" I'm sure that was itching on people minds. Only fuels with global greenhouse gas emissions equal or less that that of petroleum are considered by CAAFI. The USAF wants the whole fleet to be flying with at least 50/50 FTs by 2016.
So relax fellas, its on the way. This might help to put the airlines back in the positive side of the ledger. Plus it would be nice for the U.S. to hold the cards over the world for alternative fuels for a change (or at least be self reliant from the world).
I sure that most of you already knew about this. If so, forgive me if I bored you.
04-05-2008 | 04:38 PM
#23
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Joined: Sep 2007
Posts: 57
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From: Jr. Gear Monkey
If you want to track the price of oil, google has cool gadgets that you can insert on your igoogle web page that will post the price as it changes. Last close was $106.23 per barrel. That doesn't sound like oil is getting any cheaper to me. Ladies and Gentlemen, the Captain has turned on the seatbelt sign, please return to your seats. We are anticipating some turbulence ahead.
04-05-2008 | 05:17 PM
#24
On Reserve
Joined: Jan 2008
Posts: 12
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Its not that simple....
Oil spikes to over $110/bbl...it takes a couple weeks for the increased cost to be translated to the pump, just like it takes a couple weeks for decreased cost to be translated to the pump as well.
That's also not even taking into account the extremely weak value of the dollar vs. the Euro. Oil is traded in dollars, so when the value of the dollar drops vs. other world currencies it costs more dollars to purchase.
Don't blame the oil companies for the high cost of oil; blame the bastard commodities traders and speculators for that. THEY ARE TO BLAME.
Oil spikes to over $110/bbl...it takes a couple weeks for the increased cost to be translated to the pump, just like it takes a couple weeks for decreased cost to be translated to the pump as well.
That's also not even taking into account the extremely weak value of the dollar vs. the Euro. Oil is traded in dollars, so when the value of the dollar drops vs. other world currencies it costs more dollars to purchase.
Don't blame the oil companies for the high cost of oil; blame the bastard commodities traders and speculators for that. THEY ARE TO BLAME.
04-05-2008 | 05:21 PM
#25
Gets Weekends Off
Joined: Jul 2006
Posts: 1,857
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02-22-2008 04:38 AM
