Ricknplano

On Oil's Sesquicentennial, The Dream Becomes a Nightmare

I like the comments as much as the articles now. Great bunch of followers you have, John. Couple of links for you. these are about ETV Motors in Israel. Quercus invested $12 million with them. One article below mentions their proprietary $200/KwH lithium battery.

earth2tech.com/2009/04.../

www.autobloggreen.com/...

On Oil's Sesquicentennial, The Dream Becomes a Nightmare

Interesting new direction. While I think you overestimate the price of oil in the short term (we have this pesky recession reducing demand), over the long term demand for oil will outpace supply. Alternatives like biodiesel, cellulosic ethanol, substitution with natural gas, etc. will grow but not fast enough to offset rising prices. So the best defence for consumers will be more energy efficient homes and cars, e.g. hybrids. And hybrids means more batteries which leads us right back to your core specialty. How convenient. I look forward to more.