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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (170991)	9/20/2005 8:35:55 AM
From: bentway	Read Replies (1) \| Respond to of 281500

"But even in US$ of the day, I think oil will be back to $40 a barrel soon enough [say another 3 or 4 years at the outside as that should give sufficient time for new production to come on stream and alternatives to be brought into production." A billion wannabe drivers in China and India say you're wrong. It won't matter if their cars get 50 mpg.

To: Maurice Winn who wrote (170991)	9/20/2005 2:37:08 PM
From: Keith Feral	Read Replies (3) \| Respond to of 281500

What would be the alternative? Hydrogen engines will require a lot of nuclear capacity to make the liquid hydrogen. The density is so light the engines have to be 3 times bigger. Diesel engines may be 30% more efficient, however, they won't be a meaningful part of the market for another 3 or 4 years. Fuel cell batteries make wonderful use of the hybrid technology. Cars can get up to 350 mpg if you add enough battery power to provide electricity. Maybe it's time to start spending a few thousand on these kind of direct upgrades to make today's cars more efficient. I would support 100% tax deductions for any fuel cell upgrades to cars to turn out better performance. BTW, I can't believe the FED chose to make yet another hike in the fed funds rate. It is callous beyond comprehension to ignore the new capital requirements to rebuild from the hurricance. The only thing I can imagine is that the US does not want to lose purchasing parity of the $US as the price of oil explodes. I sure as hell don't see any economic growth out there. Bunch of old homes getting turned over into new mansions that nobody has the money to afford. That's about it.