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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (25265)	11/15/2007 3:00:32 AM
From: Maurice Winn	Respond to of 219873

Not at all. Never heard of him: <Did you know Matthew Ferrara? > I barely knew Bruce Goff except that for a month we worked in the same vicinity. I've never met Phil Goff. My wife has and says he seemed a nice bloke. Phil Goff is a potential Labour Party leader and prime minister. I disagree that "we" need to throw our energies into alternative energy. Energy is just energy. Economic interests can come up with different ways of providing various forms of energy and try to make money from it. That was my brief with BP Oil for a few years. We did all the tricks. My ex-boss from my BP Oil HQ days had been a hydrogen proponent during his Shell days in the early 1970s. A lot of things were don't a century ago with various fuels. Chemistry and engines have been around a very long time. Ricardo and co did most of it in the early 20th century and nearly everything was shelved as uneconomic. I think the current frenzy for "alternatives" will end in huge financial losses as crude oil supplies increase and prices are cut to head off the competition. It's really easy and cheap to produce various ready-made liquid hydrocarbons. You can forget about compressed air. The thermodynamic losses make it hopeless. There are some fun things which could be done such as using an air pump as braking, refilling the pressure vessel. But I would put NONE of my money into such mechanical contraptions. The tank would have to be huge. Photovoltaics are still expensive, but they are more economic now in more situations with oil at $100 a barrel. Decades ago I advocated covering Australia with umbrella shaped photovoltaics. Crops could be grown in the semi-shade. You are right that there is no energy crisis. Price variation fixes supply and demand issues instantly. The universe is made of energy. It's just a question of what form we want it in and how much we are willing to pay. King George II the oil man and predecessors do seem to have done things badly. Oil is so last century. Mqurice