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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: JimisJim who wrote (124841)	10/12/2009 2:03:05 PM
From: Elroy Jetson	6 Recommendations Read Replies (5) of 206146

As you point out, capital costs will be the primary determinant of what form of energy is used for transportation. The costs involved for each alternative are highly dependent upon changing technology. Considering only energy cost, natural gas powered electricity is far cheaper than natural gas powered automobiles. After all costs and energy losses are taken into account, large power plants are far more efficient than automobile-sized combustion units, regardless of the fuel source for the BTUs. Upgrading current power plants and transmission systems to current technology would shift this energy cost difference more strongly in favor of electricity.

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