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Strategies & Market Trends : Rande Is . . . HOME

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To: Rock_nj who wrote (57488)	1/23/2008 9:26:03 PM
From: Rande Is	Read Replies (1) of 57584

Hi, Rock. You are probably asking the wrong person, since I don't believe in the concept of "fossil fuel" coming from dinosaurs that migrated to only certain parts of the world. I believe crude is much the same as the water table. . . . with underground "lakes" and streams....but ultimately all connected....globally. There are so many factors that preclude our drilling so deeply in all parts of the world as to locate the crude. Sure easier to drill sand than bedrock or oceans, for instance. So I don't buy the argument of running out in the near term. . . on the other hand, I think we haven't a clue as the the long term damage we do to earth taking so much crude from certain parts of the world....much the same as we don't have a clue as to long-term effects on the ozone layer and global climates. Then, I believe that many new biofuel sources, such as Tennessee Wheat Grass, have the potential to save the day from reliance upon oil (in several ways). I think we can (if we wanted) make the switch over relatively quickly.....but there is currently amazing resistance to even consider such a possibility....mostly from political and corporate interests. The people want it. . . .no problem. . . but since when do we get what we want? >smirk< I further believe that the fuel cell car concept suffers from a campaign of misconceptions and falsehoods. For whatever reasons. . . the concept of economies of scale never seems to be applied to the development of a fuel cell car. Sure the first 50 cars cost a half million each. But with economies of scale the next half million cars could cost 5 or 10 or 20 grand to make. The real problem with the fuel cell car is that it kills the filling station industry.. . . not to mention the auto repair industry, since repairing a fuel cell car requires a specialty way beyond the automotive disciplines. Yeah, I'm the wrong person to ask about this subject. I think the oil market it is so contrived as to be completely unpredictable. Rande Is PS> How are things going in the music biz? I am now teaching at the best Music Industry university in the country. . . .and am really enjoying myself.

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