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Politics : Politics of Energy

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To: TimF who wrote (45137)12/23/2013 5:36:30 PM
From: Eric  Read Replies (1) of 86355
 
If you looked at the lobbying spent in congress it sure looks like the fossil fuel industry outspends by a wide margin everyone in renewables and global warming.

Ten to one and probably much, much more!

The problem for fossil fuels is cost and environmental impact.

In the end they are just going to price themselves out of business..

EROEI down, down and down..

If Horizontal drilling dropped the cost down below $1 per gallon and lower that would change my mind.

(But we all know that's totally impossible!)

I'm amazed that more drilling rigs are working in the lower 48 of America than the rest of the world combined!

I'm enjoying the Lemmings running around trying to find every last drop...

Unfortunately it's getting more expensive every single day to get those BTU's out of the ground.

Eric
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