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.

Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End? -- Ignore unavailable to you. Want to Upgrade?

To: Behind Blue Eyes who wrote (900)	8/26/2005 8:00:20 PM
From: Bill on the Hill	Read Replies (1) \| Respond to of 1183

Hydrogen is a storage energy source. It currently takes as much or more energy to produce Hydrogen as hydrogen releases when it burns. Oil takes very little energy to produce and gives off tremendous energy when it burns. But it is running out. Hydrogen technology has not had the investment in production necessary to make it feasible to use. Does not mean we cannot develop it. But it does mean that in the abscence of oil due to depletion we may not have the energy resources to develop Hydrogen as a fuel for transportation. That is just the truth. It would take a "Manhattan" style project to develop Hydrogen. And this current administration is all about OIL. Not Hydrogen. The administration has to change in order to move forward with developing alternative fuels properly. The tax incentives in the new energy bill altho a step in the right direction offer more incentives to oil. This would have to change as well for alternatives to be ready for Peak Oil. Oh well, buy a horse! We are falling toward a bleak winter with no help in sight. May not be this year or even next but if supply projections have any basis in reality we will have a bleak winter sometime in the near future. Those cards are already dealt as far as I can tell after doing the research I have. Preparing for this can only take some of the edge off what may be a cataclysmic time. My optimism is slowly fading to realism. Discussing what to do in the event of this collapse of oil supplies seems to be an alternative few choose. I have quit trying to sell Peak Oil to anyone other than close associates or family. Pessimism and disbelief are what I have been faced with when discussing this. I would venture to say that 15% of people I discuss this with want to carry the conversation farther than complaining about the high price of gasoline at the local 7-11. I know the camp I am in. That is the camp that will produce its own fuel and energy for personal use. It takes an amazing amount of time and work but it seems to be a worthy thing to do for me. Either way this falls I have learned how to be able to sustain my own life and home. That alone is worth the time. I have quit thinking about if it will happen and changing my life to meet it when it does. So, some will laugh at me. Some will think of me as nuts or gullible. Some will come knocking asking me for apples or fuel or how I do it. Meantime. I mostly keep my mouth shut. Except for now of course. Bill