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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Rock_nj who wrote (368345)3/7/2003 7:29:58 PM
From: d[-_-]b  Read Replies (1) | Respond to of 769670
 
rock,

re:oil company's bread and butter, their real income, comes from oil and refined oil products. Why wouldn't they fight to keep their market?

They have the infrastructure to develop and deliver any fuel that's economically viable. There is no reason for them to support the Middle East.

I suppose you could ask yourself why other countries haven't done so already, do you think China wouldn't benefit? They design and make a lot of cars in Korea, Japan and elsewhere around the world - they obviously have the resources to do this - assuming it could be done.

Please drop the conspiratorial nonsense it does nothing to face the cold reality that oil is just plain cheaper to use as a fuel.



To: Rock_nj who wrote (368345)3/7/2003 7:37:05 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
BP is a big investor in fuel cell development... to name just one.

That's likely because (although in the long run the hydrogen to fuel these cells may be extracted directly from water), in the early going fuel cells may use 'reformers' to extract hydrogen directly from gasoline, methanol, natural gas... or other fuels.

This is simply for economic reasons, although the oil companies undoubtedly want to influence and perhaps 'manage' the transition in the economy to these more efficient power sources for transportation.

(Events may surprise them, however. One recent startling development is a new type of 'photo-cel' that produces hydrogen directly from water when it is exposed to sunlight! If this technology proves out, the oil companies may be pressured.)