the gold to oil ratio....just look at the spike in 2009. This is the time to be buying oil like no other.
Anything priced in dollars is distorted....since it has no value and its "perceived value" bounces all over the place.....it also has manipulation all over the place. Once things go back to normal....and the banks start lending to everyone again.....we should see oil rocket....massive inflation. we should also see interest rates increase to combat this.
But this past year....oil has never been cheaper....an ounce of gold could buy more oil than in history....besides possibly 2 other times in history.
As peak oil does approach...the gold to oil ratio should be more volitile....as demand and supply will be in and out of balance with each other in short periods.....and small surpluses will drive oil down substationally.....and small shortages up substantionally.
On May 07 02:07 AM Michael Fitzsimmons wrote:
> blu: EVs are indeed more efficient than gasoline cars. theoretically, > if the solar and wind infrastructure was built out, and we had an > efficient electric grid, they would be a great solution. and they > will be some day. but today, the renewable energy and efficient grid > aren't a reality. as i explained in previous articles, at less than > 3% of total US electrical generation, to support EVs now at the expense > of NG transportation is wrongheaded because it means the US would > have to greatly increase its coal consumption. this is a common mistake > the environmental purists make because they dont take the time to > analyze total US electricity supply sources and make pragmatic and > realistic conclusions. people who do take the time to do so realize > natural gas is the perfect "bridge" fuel to a renewable future, to > get us through the next decade or two while we build out renewable > infrastructure. > > Andy: "oil has never been cheaper than this past year"?? surely you > jest.... > > Freya: i have yet to hear obama say he supports natural gas power, > all i hear him say is "clean coal". you say EVs have no emissions, > but this is where "environmental purists" make their big mistake. > today, all renewables together make up less than 3% of total US electrical > power generation. what that means (if you had read my previous articles, > you'd know this) is that a significant deployment of EVs (that is, > enough to significantly reduce foreign oil imports by 5-7 million > BPD) will be recharged by COAL which generates 50% more CO2 than > does natural gas and 100% more toxic particulates. that's an environmentally > friendly and "green" policy?? give me a break. it's foolish dogma > and ideology. it lacks simple and pragmatic energy analysis. meanwhile, > just like the hyrdrogen fuel cell, where are these fully electric > cars? we just keep spewing CO2 from oil and coal.... so, environmental > purists are ironically supporting policies that: > 1) don't reduce foreign oil imports > 2) increase toxic coal consumption > i guess in the modern day world of doublespeak popularity, this type > of "environmentalism" is perfect. as one eye says above, there is > room for both (i assume he refers to EVs and NGVs), but if we want > to ***significantly reduce foreign oil imports*** AND reduce coal > consumption over the next 5-10 years, natural gas and NGVs are the > only way to do so. i am still waiting for someone to show me another > way to do both. as i said before, if someone can, i will write my > next article on the solution. EVs alone, today, and for the next > decade, won't do it - they simply will require more coal burning, > and that is a disastrous environmental policy imho.
Making Natural Gas Transportation a Reality [View article]
I am willing to bet if people were to drive more conciously...and learned how to keep momentum at stop lights (not racing to them and stop...yet slowly approach them and get back going never stopping) we could eliminate 10-20% of demand. Everyone around here drives like retarded human beings....who are driving 3K-4K lbs go karts.
Rather than having the government kick this off....I still truely believe the greatest inventions come from need....or pushing the envelope of space or whatever it might be.
Just think of our greatest minds sitting around thinking about dark matter or whatever they are......or trying to prove if god exists or something....get them working on the problem...get the world working on the problem out of need....and things will get done. I just fear the government corruption is the only thing that will stop this flight to a new technology (for whatever reason).
I still think we could make a 100-200lbs vehicle with thin glass around the people.....carry two at a time with a small area for luggage...use a small engine.....and save a whole lot of fuel. get 100-200MPG's or more out of gasoline. we might only go 40-50mph max....but do we need to go any faster?
I think we need more freedom...less regulations.....and at the root of most problems are government.
The real price of oil today on an inflation adjusted price is much much lower than people think. In fact....oil has never been cheaper than this past year. We don't know how much inflation there truely is...unless you chart money supply growth....which is enormous...and somehow could track money growth from our banks creating money. Possibly rising prices isn't the problem...since almost all rising prices are rising because of monetary issues....nothing related to the underlying fundamentals.
It would be interesting to see a chart of gold vrs. oil is like....because gold historically trades to oil at a 10:1 price or so. chart below.
Making Natural Gas Transportation a Reality [View article]
Its how the energy and heat is captured and the efficiency of capturing it, tranmistting it..etc.
motor vehicles waste a lot of energy...they are really inefficient on so many levels. This goes for a lot of our energy use......I believe the energy in the cars we drive today are somewhere around 30% heat efficient or so but are pretty efficient at burning the amount injected into the engine.
the heat efficiency when burning fossil fuels for electricity is much more efficient.....so we aren't wasting as much in heat loss. As to the exact numbers...I am unsure.
But from a material stand point.....electricity uses a lot more materials. We need batteries, engines, more transmission lines, more components to store the electricity....if we go the alternative route...we will have wind turbines all over the place....it uses a lot more materials than today.
As to whats better and cheaper.....thats for the market to decide.
On May 06 06:17 PM blu wrote:
> I'm just a dumb ol' Texas oilman and need some education. > > I think I remember from way back in a physics class, that there was > a rule, or somethin', that said when you convert energy from one > form to another form you always lose some percentage from the original > source. > > I am just wondering how the hell an electric powered car can be as > efficient as a car that burns hydrocarbons. Considering the fact > that the electricity is mostly generated by hydrocarbons it would > seem that it would take more hydrocarbons to generate vehicular electricity > than it takes the amount of hydrocarbons burned directly in the vehicle > with an internal combustion engine. > > So my question is kinda simple. Is all this crap about EV's just > another boondoggle like ethanol?? > > Are we gonna burn more (pollute more) hydrocarbons just so we can > say we aren't polluting with our vehicles? > > The greenies are already griping about disposal of flashlight batteries... > what in heck are we gonna do with all those car batteries when they > wear out...??? >
Making Natural Gas Transportation a Reality [View article]
my question is this....if NGV are so great....why aren't people driving them now? What is holding NGV's from coming to the market place?
I have a feeling they aren't in the marketplace because they aren't economically viable yet.
Energy prices will continue to go up and down as economies hit the brick wall of surplus energy for growth.....but I am afraid this is how things work.
And I don't forsee complete disaster on the forefront....I used to be a more pessimistic peak oiler......now I guess I am more optimistic....although I still think a recession could occur.
If prices do rocket up......many people will have to make changes.....possibly the government will get some legitimate people in there who are fair and honest.....maybe a new technology will emerge that isn't NG for transport....possibly living on 50% less fuel for transportation is possible since prices are high....who knows all the answers.....but when I am driving around and look around....we sure do drive huge cars for the weight they carry....we sure do use a lot of water for agriculture....we sure use a lot of fertilizer....and a lot of cows sure produce a lot of methane.
I am willing to bet if we HAD to do something about the environment or about peak oil.....we could easily cut off 25% of demand without taking a huge hit to our lifestyle. The poor might get hit...or some people might not be able to drive......but it would be pretty easy to get most people from 20-25MPG vehicles to drive 35MPG vehicles. a reduction of 40% to 50% less fuel for most.
Making Natural Gas Transportation a Reality [View article]
the gold to oil ratio....just look at the spike in 2009. This is the time to be buying oil like no other.
Anything priced in dollars is distorted....since it has no value and its "perceived value" bounces all over the place.....it also has manipulation all over the place. Once things go back to normal....and the banks start lending to everyone again.....we should see oil rocket....massive inflation. we should also see interest rates increase to combat this.
But this past year....oil has never been cheaper....an ounce of gold could buy more oil than in history....besides possibly 2 other times in history.
As peak oil does approach...the gold to oil ratio should be more volitile....as demand and supply will be in and out of balance with each other in short periods.....and small surpluses will drive oil down substationally.....and small shortages up substantionally.
On May 07 02:07 AM Michael Fitzsimmons wrote:
> blu: EVs are indeed more efficient than gasoline cars. theoretically,
> if the solar and wind infrastructure was built out, and we had an
> efficient electric grid, they would be a great solution. and they
> will be some day. but today, the renewable energy and efficient grid
> aren't a reality. as i explained in previous articles, at less than
> 3% of total US electrical generation, to support EVs now at the expense
> of NG transportation is wrongheaded because it means the US would
> have to greatly increase its coal consumption. this is a common mistake
> the environmental purists make because they dont take the time to
> analyze total US electricity supply sources and make pragmatic and
> realistic conclusions. people who do take the time to do so realize
> natural gas is the perfect "bridge" fuel to a renewable future, to
> get us through the next decade or two while we build out renewable
> infrastructure.
>
> Andy: "oil has never been cheaper than this past year"?? surely you
> jest....
>
> Freya: i have yet to hear obama say he supports natural gas power,
> all i hear him say is "clean coal". you say EVs have no emissions,
> but this is where "environmental purists" make their big mistake.
> today, all renewables together make up less than 3% of total US electrical
> power generation. what that means (if you had read my previous articles,
> you'd know this) is that a significant deployment of EVs (that is,
> enough to significantly reduce foreign oil imports by 5-7 million
> BPD) will be recharged by COAL which generates 50% more CO2 than
> does natural gas and 100% more toxic particulates. that's an environmentally
> friendly and "green" policy?? give me a break. it's foolish dogma
> and ideology. it lacks simple and pragmatic energy analysis. meanwhile,
> just like the hyrdrogen fuel cell, where are these fully electric
> cars? we just keep spewing CO2 from oil and coal.... so, environmental
> purists are ironically supporting policies that:
> 1) don't reduce foreign oil imports
> 2) increase toxic coal consumption
> i guess in the modern day world of doublespeak popularity, this type
> of "environmentalism" is perfect. as one eye says above, there is
> room for both (i assume he refers to EVs and NGVs), but if we want
> to ***significantly reduce foreign oil imports*** AND reduce coal
> consumption over the next 5-10 years, natural gas and NGVs are the
> only way to do so. i am still waiting for someone to show me another
> way to do both. as i said before, if someone can, i will write my
> next article on the solution. EVs alone, today, and for the next
> decade, won't do it - they simply will require more coal burning,
> and that is a disastrous environmental policy imho.
Making Natural Gas Transportation a Reality [View article]
Rather than having the government kick this off....I still truely believe the greatest inventions come from need....or pushing the envelope of space or whatever it might be.
Just think of our greatest minds sitting around thinking about dark matter or whatever they are......or trying to prove if god exists or something....get them working on the problem...get the world working on the problem out of need....and things will get done. I just fear the government corruption is the only thing that will stop this flight to a new technology (for whatever reason).
I still think we could make a 100-200lbs vehicle with thin glass around the people.....carry two at a time with a small area for luggage...use a small engine.....and save a whole lot of fuel. get 100-200MPG's or more out of gasoline. we might only go 40-50mph max....but do we need to go any faster?
I think we need more freedom...less regulations.....and at the root of most problems are government.
The real price of oil today on an inflation adjusted price is much much lower than people think. In fact....oil has never been cheaper than this past year. We don't know how much inflation there truely is...unless you chart money supply growth....which is enormous...and somehow could track money growth from our banks creating money. Possibly rising prices isn't the problem...since almost all rising prices are rising because of monetary issues....nothing related to the underlying fundamentals.
It would be interesting to see a chart of gold vrs. oil is like....because gold historically trades to oil at a 10:1 price or so. chart below.
www.incrediblecharts.c...
Making Natural Gas Transportation a Reality [View article]
motor vehicles waste a lot of energy...they are really inefficient on so many levels. This goes for a lot of our energy use......I believe the energy in the cars we drive today are somewhere around 30% heat efficient or so but are pretty efficient at burning the amount injected into the engine.
the heat efficiency when burning fossil fuels for electricity is much more efficient.....so we aren't wasting as much in heat loss. As to the exact numbers...I am unsure.
But from a material stand point.....electricity uses a lot more materials. We need batteries, engines, more transmission lines, more components to store the electricity....if we go the alternative route...we will have wind turbines all over the place....it uses a lot more materials than today.
As to whats better and cheaper.....thats for the market to decide.
On May 06 06:17 PM blu wrote:
> I'm just a dumb ol' Texas oilman and need some education.
>
> I think I remember from way back in a physics class, that there was
> a rule, or somethin', that said when you convert energy from one
> form to another form you always lose some percentage from the original
> source.
>
> I am just wondering how the hell an electric powered car can be as
> efficient as a car that burns hydrocarbons. Considering the fact
> that the electricity is mostly generated by hydrocarbons it would
> seem that it would take more hydrocarbons to generate vehicular electricity
> than it takes the amount of hydrocarbons burned directly in the vehicle
> with an internal combustion engine.
>
> So my question is kinda simple. Is all this crap about EV's just
> another boondoggle like ethanol??
>
> Are we gonna burn more (pollute more) hydrocarbons just so we can
> say we aren't polluting with our vehicles?
>
> The greenies are already griping about disposal of flashlight batteries...
> what in heck are we gonna do with all those car batteries when they
> wear out...???
>
Making Natural Gas Transportation a Reality [View article]
I have a feeling they aren't in the marketplace because they aren't economically viable yet.
Energy prices will continue to go up and down as economies hit the brick wall of surplus energy for growth.....but I am afraid this is how things work.
And I don't forsee complete disaster on the forefront....I used to be a more pessimistic peak oiler......now I guess I am more optimistic....although I still think a recession could occur.
If prices do rocket up......many people will have to make changes.....possibly the government will get some legitimate people in there who are fair and honest.....maybe a new technology will emerge that isn't NG for transport....possibly living on 50% less fuel for transportation is possible since prices are high....who knows all the answers.....but when I am driving around and look around....we sure do drive huge cars for the weight they carry....we sure do use a lot of water for agriculture....we sure use a lot of fertilizer....and a lot of cows sure produce a lot of methane.
I am willing to bet if we HAD to do something about the environment or about peak oil.....we could easily cut off 25% of demand without taking a huge hit to our lifestyle. The poor might get hit...or some people might not be able to drive......but it would be pretty easy to get most people from 20-25MPG vehicles to drive 35MPG vehicles. a reduction of 40% to 50% less fuel for most.