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Re: Re: Time for Alcohol? (It's 5 o'clock somewher
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Posted by buickanddeere on May 19, 2004 at 06:46:15 from (192.75.48.3):
In Reply to: Re: Time for Alcohol? (It's 5 o'clock somewhere) posted by George on May 19, 2004 at 04:12:13:
The WWII German war machine gave the rest of the world a heck of a run without domestic crude oil. They converted coal into synthetic gasoline, kerosene and lube oils.
South Africa updated the process when embargoed in the 80's.
As for the "Chicken Littles" who think the sky is falling with dwindling fossil fuels. I wish they would just shut up and buzz off.They know nothing.
For a modest price that will diminish with volume production. The world's enormous and virtually un tapped coal reserves can be converted to synthetic fuel along with hydrogen from nuclear, frozen methane hydrates from the ocean floor, and extraction of Alberta's Tar Sands.
There is no energy crisis. It's just what it will cost. Demand is up because the developing third world is trying to copy the US energy consumption per person.
New oil fields are smaller and more difficuilt to transport oil from. Drives the price up, where is the suprise in that?
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