There will NEVER be peak oil. Great article though. The Oils sands of Athabasca has approx. 1trillion barrels of oil. Thats not counting shale oil which has approx. 2-3 trillion barrels worldwide. Then there's coal which can be converted at twice the co2 rate to oil. There the USA has the #1 deposit in the world. My point is oil will NEVER run out. The question is how feasable is it to get the oils out cost wise & now were stuck with an abundant source-oil- that in the near future will be akin to drinking cyanide for the planet. Sigh.
The Biggest Problem Detroit's Big Three Face [View article]
What The Big three needs is a Kelly Johnson type engineer who astonishingly built the SR-71Blackbird in record time. With slide rulers no less! Pour $25 Billion in a skunk works type project & see what American engineering can come up with in nine months. You'd be amazed & have a little pride I might add :) But alas I don't think Skunks will come to the rescue.
On a serious note, let the Big 2 go Ch.11. That 25 Bill will only go towards bonuses & this is TWICE that Japanes auto makers have beat Detroit. Once, ok maybe I'll cut Detroit some slack. Everyone screws up once. But twice? If a Heavyweight fighter gets pummeled twice- it's time to retire. A third time would just be embarassing......
The Autos and Mentality That Ruined Detroit [View article]
Many good points here. But let's face the music. It'll cost upwards of $100 Billion to save them. If GM is burning through 2 Billion a month alone not to mention Ford & Chrysler. This may last them maybe 6 months. Then what? They would still have to think, design, build and test a new car & "HOPE" it sells to the American public. So, how many BIllions does the taxpayer have to float the Big three before we see a new car?
Miserable October Retail Sales: Eye on Oil, Autos and Housing [View article]
Tiiimber!! Things couldn't get much worse? Oh, but it will. Darkly. Let's hope for a loctus invasion then at least we will have something to fry, bake, boil dip ect. But seriously, like that Humpty Dumpty & all of the Kings men ryme. It's like that with a twist. All of the kings men were eggs too....
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Latest | Highest ratedWhat's Oil's Future? [View article]
Peak Oil, Cars, and Depressions [View article]
The Biggest Problem Detroit's Big Three Face [View article]
On a serious note, let the Big 2 go Ch.11. That 25 Bill will only go towards bonuses & this is TWICE that Japanes auto makers have beat Detroit. Once, ok maybe I'll cut Detroit some slack. Everyone screws up once. But twice? If a Heavyweight fighter gets pummeled twice- it's time to retire. A third time would just be embarassing......
The Autos and Mentality That Ruined Detroit [View article]
So, how many BIllions does the taxpayer have to float the Big three before we see a new car?
Miserable October Retail Sales: Eye on Oil, Autos and Housing [View article]