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Peak oil

Posted Mar 24, '13 at 3:55am

roydotor2000

roydotor2000

254 posts

oil prices are getting higher! So what's the best, cheap,and updated fuel source to replace oil. Post solutions pls.http://ph.images.search.yahoo.com/images/view;_ylt=A2oKiHAzsE5RNXMAdKa1Rwx.;_ylu=X3oDMTBlMTQ4cGxyBHNlYwNzcgRzbGsDaW1n?back=http%3A%2F%2Fph.images.search.yahoo.com%2Fsearch%2Fimages%3Fp%3Dpeak%2Boil%26ei%3DUTF-8%26fr%3Dyfp-t-711%26tab%3Dorganic%26ri%3D13&w=1024&h=768&imgurl=8020vision.com%2Fwp-content%2Fuploads%2F2010%2F09%2FPeak_Oil_2.png&rurl=http%3A%2F%2F8020vision.com%2F2010%2F09%2F03%2Fgerman-military-study-warns-of-potential-energy-crisis%2F&size=88.1+KB&name=%3Cb%3EPeak+Oil+%3C%2Fb%3EStudy+Leaked+by+German+Military+Think+Tank&p=peak+oil&oid=f54e60060454053ec8b12ab1dfb489b3&fr2=&fr=yfp-t-711&tt=%253Cb%253EPeak%2BOil%2B%253C%252Fb%253EStudy%2BLeaked%2Bby%2BGerman%2BMilitary%2BThink%2BTank&b=0&ni=128&no=13&ts=&tab=organic&sigr=12o2vlpq0&sigb=132gvuha3&sigi=11olrnvvb&.crumb=fhE6udOUV7g&fr=yfp-t-711

don't post something offensive pls.

 

Posted Mar 24, '13 at 11:14am

Maverick4

Maverick4

6,891 posts

oil prices are getting higher!


Seasonal demand and inflation, more than anything else.

Horizontal drilling, fracking, and the boon in natural gas means we'll be in oil for a long time yet. Oil fields in North Dakota, Canada, and in South America have been discovered in the last several years, and will provide oil for many years to come.

None of the radical alternatives to oil have any market viability. Remember Solyndra?
 

Posted Mar 24, '13 at 3:34pm

thepunisher93

thepunisher93

1,863 posts

As far as I know, us will surpass Saudi Arabia in next 20 years and Saudi Arabia has planned to harvest solar energy and export it to Europe.

 

Posted Mar 25, '13 at 10:53am

xeano321

xeano321

2,970 posts

Knight

Horizontal drilling, fracking, and the boon in natural gas means we'll be in oil for a long time yet. Oil fields in North Dakota, Canada, and in South America have been discovered in the last several years, and will provide oil for many years to come.


I wish they would hurry up and start tapping the oil in North Dakota so prices go down... Oh wait! They'll probably sell it all to China for 20$ a barrel, they buy it from OPEC or wherever for 90$ a barrel... I love that.
 

Posted Mar 25, '13 at 10:55am

roydotor2000

roydotor2000

254 posts

Horizontal drilling, fracking, and the boon in natural gas means we'll be in oil for a long time yet.


Sorry, Maverick4. people are protesting about fracking.
 

Posted Mar 25, '13 at 3:37pm

Kyouzou

Kyouzou

5,231 posts

Fracking is still fairly new so far as extraction procedures go, so it's not entirely implausible that there are protests and the the technology itself is under question. So far as I know, as of yet there has been no concrete evidence that links fracking water pollution nor has there been anything that disavows fracking of the problem.

World oil for the most part is run by a monopoly through OPEC, this means that price fluctuations can and will happen for a myriad of reasons. Crisis in any one of the nations that are a part of OPEC, a political point of contention between a consumer and a OPEC nation, etc.

 

Posted Mar 25, '13 at 6:22pm

Maverick4

Maverick4

6,891 posts

hey buy it from OPEC or wherever for 90$ a barrel...


The single largest supplier of oil to the US is actually Canada and Latin America, not OPEC.

Source.

The same article states that the amount of oil that the US imports is down from 10 million barrels a day a decade ago, to 8.4 billiion barrels.
 

Posted Apr 5, '13 at 9:51pm

thebloxxer

thebloxxer

28 posts

Hopefully we will come up with a solutation sooner or later. Solar or wind will probably will be a main source providing, plus some other renewables.

 

Posted Apr 7, '13 at 11:32am

zombinator2000

zombinator2000

34 posts

Oil and natural gas will probably be the norm for many years to come. Wind and solar are too environment-dependent(I'd rather not suffer from a blackout just because we had a wind drought or had an extended period of cloud cover. Ways to get around that would just increase the costs for such technologies as well.)

After Oil, maybe nuclear fusion and hydrogen will be the standard.

 

Posted Apr 7, '13 at 12:42pm

HahiHa

HahiHa

5,260 posts

Knight

Oil and natural gas will probably be the norm for many years to come. Wind and solar are too environment-dependent(I'd rather not suffer from a blackout just because we had a wind drought or had an extended period of cloud cover. Ways to get around that would just increase the costs for such technologies as well.)

Not necessarily. Our Federal Institute of Technology is working on a way to provide much of the worlds consumers with renewable energy thanks to a global grid. The idea is to produce the energy in areas where the wind always blows strong, or the sun always shine, and transport it through a fast line that could even cover the peak consumption shifts between Europe and America, so that the energy doesn't have to be stored using extensive and costly methods.

Sounds like the way to go, if you ask me. Nuclear energies still have a huge unresolved problem, the waste.
 
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