Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (46675)	1/20/2002 10:48:48 AM
From: Jim Willie CB	Respond to of 65232

next 3-5 yrs: secure Canada oil OR bring fuelcell cost down it will be 1000 times easier to secure Canadian oil it has already started once Canada ramps up production, drilling, exploration, you will very likely see fuelcells backing off as "the solution" but longer term, surefire, fuelcells will prevail the cost seems like such an unending obstacle just read that Ballard reduced the warmup time from 30 minutes to 2 minutes for fuelcell engines on cars until the US Govt applies an annual $20 billion subsidy to the cost of fuelcell cars, this is gonna stall regularly some simple math: roughly 100 million cars in North America (keep the figure for argument, gotta be in ballpark) now have a goal to replace 1/4 of the cars with fuelcells done during turnover of new car purchases subsidy of $10k per car, times 25 million cars that comes to $250 billion we are talking about significant money here gonna take a long time meanwhile, oil is plentiful in Canada both in west provinces (Sask, Alberta) and Maritimes Suncor's Athabasca field in Alberta has 30 billion barrels of oil imagine 25,000 sqmiles of oil sand tars all produced at less than $11 per barrel our independence from Arab oil lies up north in the Great White North last year, US firms purchased $37 billion worth of Canadian energy resources / jim