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Old May 7th, 2008, 18:59   #2
granlistillo
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Join Date: Nov 2007
Location: Spain or outta my bag
Posts: 184
Default Re: An honest, informative discussion on energy/oil

We will never run out of oil. With current technology, the recoverable portion of oil in an average field is 50% before the energy expended almost equals the energy recovered. Then there are oilsands, shale, TFisch techniques etc. There are even depolymerization techniques than can manufacture petroluem.

The issue is Peak oil and its effect on economic growth. many experts including TBOone Pickens say we are there worldwide. We hit it in the US in the early 70s. Peak oil is where new fields are not coming as fast as fields petering out.

We are approaching the exact type of crisis that caught up to us in the carter years. Hi oil and gas, inflation and higher interest rates. There is plenty energy available, but the problem is automotive transportation is dependent on oil. With lithium ion battery technology, and the advances made in hybrid drive trains, we may see a solution in the plug in hybrid. That would free up a lot of petroleum for aviation use. But with worldwide demand (ie china, india, etc) for crude oil rising, when we are at peak oil, it is gonna get worse before it gets better. Aviation will suffer in the mean time. Trying to look at oil from an aviation viewpoint without looking at the overall worldwide demand, doesnt help us much. I am hoping the new series plug in hybrid that gm is coming out with (Volt) and the other new electrics, hybrids and plug hybrids. We can get away from the ICE and use electrics. Then all sorts of energy sources can drive our transportation use. Aviation has a problem of weight, and nothing comes close to the energy densities of avgas or jet fuel. We need oil or biodiesel type fuels.
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