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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Raymond Duray who wrote (49251)5/1/2004 2:34:51 AM
From: Maurice Winn  Read Replies (1) of 74559
 
Ray, delusional, Polyannish and living in fantasy land I might be, but BP paid me sufficient money to retire on [with some CDMA turbo-charging] to mess around in alternative fuels and transport fuels stuff, with environmental issues as a major issue. So I'm not totally off the wall, though I can imagine you might think that from the Malthusian perspective and Club of Rome worries.

You are quite right that right now, facts on the ground are nearly quarter of a century of oil wars [since the USSR invaded Afghanistan, but of course continuing longgg before that]. Okay, so life isn't perfect. But PNAC Neanderthals will go the way of other conquistador regimes in due course. Things run in parallel. While cyberspace develops, we still have Aztecs clutching their medieval gold talisman to ward off the Gods. There are still horse shoes while tyres rule the world [for now, in some places].

My hydrogen comments aren't a fantasy. My ex-boss from BP days was a hydrogen guy way back in the early 1970s when he was with Shell. Engineer, a Sier from way back, CDMA inventor and general physics guy has just been promoting to me the idea of hydrogen from electrolysis for cars, which prompted my rant. Another guy, Peter Lee, who has recently returned to NZ after 3 decades in Seattle or somewhere with International Paper to mess around with fuels and things is somebody else who understands things. nzherald.co.nz

nzherald.co.nz

You are quite right that hydrogen is a medium rather than source. The source is the sun, via photovoltaics, or newly grown cellulose and stuff, or from old growth [coal, oil, gas, shale, heavy crudes], or noocular [which is still, in a way a sun energy source].

I think oil and other fossil fuels are so prolific that a hydrogen economy can't compete for now. But it's not too far away. Photovoltaics already compete in all sorts of applications, whittling away at the dominance of fossil hydrocarbons.

I think you are right that the PNAC thinks the Saudi oil is theirs too. I would not be surprised to see security provided to Saudi Arabia for their own good. But keep in mind that some companies such as BP, Exxon, Shell and others, not to mention the noocular power industry benefit from high oil prices. See if you can figure out how. Then, knowing the political influence of those companies, see if you can work out why cheap oil is not necessarily good oil.

Mq
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