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  1. S

    What does $500 brl OIL mean??

    The cost of a nutritious, tasty home cooked meal is exaggerated. We manage OK without resorting to buying whole rumps and freezing them. We don't eat large portions but if it's fish it's atlantic salmon and garlic prawns. Butterfly chicken is tasty and easy to cook/carve. Individually packaged...
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    What does $500 brl OIL mean??

    Governments have no right to PUSH unproven technology. They control tax policy and if they want innovation, do it via the tax structure. Same opportunities for all.
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    What does $500 brl OIL mean??

    Please do us the courtesy of having your sig tell us your industry. Others do. If technologies other than lead/acid were "easy" we would have them in our Falcadore already. The US survives on innovation and would have offered them if they could. Technology may occasionally make a big leap...
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    What does $500 brl OIL mean??

    If ya think EVs will be viable with current or reasonably advanced technology ya dreamin. Economy of scale is a cop out. Every conventional vehicle has a battery and sometimes four or five during it's life. Submarines have used big battery banks for 70 years as do phone exchanges and fork...
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    What does $500 brl OIL mean??

    You may have noticed that I now have a hybrid Camry and it too is an extremely good package. I still believe we are a long way from acceptance of EVs. A suburban family would still need a reliable conventional car, [does a metro dweller need transport at all?] so the EV must be economical...
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    What does $500 brl OIL mean??

    $500 oil is a long way off now but I still believe we should continue reducing our oil dependance. We should be thankful for this reprieve but should not give up the process of "de-oiling".
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    What does $500 brl OIL mean??

    As reported today: According to the report "Drive Green 2020: More Hope Than Reality." In ten years, just 7.3% of passenger vehicles sold globally will be hybrids or plug-in cars of some kind, the study predicts...
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    What does $500 brl OIL mean??

    How long before Topcropper wont need oil products on his farm? (I'm including natural gas as an oil product).
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    What does $500 brl OIL mean??

    There is a difficulty defining just what is "peak oil". I think it is reasonable to describe it as the point at which production of conventional oil reaches a peak with an inevitable decline thereafter. "Conventional" is when you sink a well a few thousand feet on land or in shallow water and...
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    What does $500 brl OIL mean??

    Without your experience I'm even less inclined to made any predictions. It is on the economics of world trade that I don't believe oil could reach one third an oz of gold while maintaining any semblance of normality. World trade would have to collapse because we could not afford the ships...
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    What does $500 brl OIL mean??

    Dazz, they've been recharging Gawar with salt water for years now. Without "independent confirmation" why would you believe the quoted reserves? And you know that oil-fields go into decline long before they go "dry". Cantarel (in Mex) is declining more'n 20% pa. It's so bad that Mexico is...
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    What does $500 brl OIL mean??

    You can talk about alternative oil and oil alternatives as much as you like but we only replace 10 percent of our vehicle fleet every year, so even if we suddenly had a "cheap" alternative private vehicle, how long will it take before 50% of the cars on the road were "next gen"? I'm guessing but...
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    What does $500 brl OIL mean??

    Thanks for the acknowledgement Bill but your last sentence is worthy of examination. :) 500 what? Near enough for now, $500 ( US, C or A) buys a third of an ounce of gold. The US may go into hyper-inflation in which case you may quickly get to where US$5,000 won't buy a third of an ounce, but I...
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    What does $500 brl OIL mean??

    Source please. Or don't polyanna's need to be able to back up their statements? I'll bet Sydney to a brick that we don't have enough gas to fuel our transport fleet for a thousand years. Besides, it is oil that is $140/b.
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    What does $500 brl OIL mean??

    Australia does "the V6" as well as anybody. While I would never own a Commodore, the Aussie GM design team have turned out a popular, world standard (niche market) car. Our high dollar and wages will mean that we will be hard pressed exporting many more Camrys than we already do but GM have...
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    What does $500 brl OIL mean??

    Effective parasites don't kill their hosts, at least not quickly. Ebola, while frightening, is not effective (from a specie survival POV) because it kills too quickly. OPEC are not dumb parasites and would not kill the US economy wantonly, so they will increase production if they can. If...
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    What does $500 brl OIL mean??

    What is lost in these theoretical discussions (I like 147's logic BTW) is the measurement of material costs viz dollar costs. Some years ago I stopped measuring (in my mind) "costs" of new technology in dollars but in "barrels of oil equivalent". I have suggested others do so but it has not...
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    What does $500 brl OIL mean??

    The first place you see CO2 sequestration is likely to be the oil states of the US. A couple of years ago they put the idea forward to pump the CO2 into decaying oil wells to gain a double benefit, the second being to pressurise the old well to help oil extraction. (The Saudis are doing that...
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    What does $500 brl OIL mean??

    Thoughts from the Frontline Weekly Newsletter Whither the Price of Oil? by John Mauldin May 23, 2008
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    What does $500 brl OIL mean??

    If that's the way we go WW then look to buy the miners of niche metals and rare-earths. I can't present figures but if a tiny percentage of vehicles changed to lithium based batteries the demand for it would skyrocket. Even relatively common metals such as Au and Ag could be in demand. There...
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