Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (7310)	8/17/2001 8:07:54 AM
From: Moominoid	Read Replies (1) of 74559

Yes, but mostly oil is not produced where it is to be consumed. It needs to be moved, usually thousands of kilometres, which means the electricity can't be generated at the wellhead. Lots of wells needing enhanced recovery in US are near demand sources for electricity. Actually the Princeton dudes want to strip out the hydrogen as mobile fuel source. But the gases, which make the bang, come from subducted hydrocarbons, water, etc I see what you mean now. Possibly in part at least. Lot of volcanic gas emissions are sulfur oxides and carbon dioxide, steam I guess too. Okay, back to the regular programme of financial collapse [though if I lived in Taupo or Rotorua, I'd be more worried about magma than markets]. The Aussie isn't collapsing at the moment :) Don't know about your flightless currency :) This discussion is relevant to price of fuel commodities which were partly responsible for current US crisis so I don't think it is irrelevant. David

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