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.

Politics : The Environmentalist Thread -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (21453)	5/4/2008 6:57:57 AM
From: Maurice Winn	Respond to of 36917

Snowy, the shift away from oil began over quarter of a century ago for me when I was selling LPG in 8 ton lots along with large LPG tanks and pumps to dispense it to vehicles. Also CNG. People were burning fuel oil in furnaces and started using methane from Maui in Taranaki. I ran various alternative fuel projects for BP Oil such as methanol, ethanol, tallow ester and BP was spending a lot on alternatives. LPG is good in big cars too. I put the kibosh on alternative fuels because I thought fuel price would be falling and CNG and other alternatives would become uneconomic. So they did. There is no shortage of ways to move vehicles. It's all a matter of price. BP has got an excellent reputation with their Statistical Review of World Energy and production increased, albeit only 0.4%. At current prices, I wouldn't be surprised if consumption drops and therefore production. Lots of people can't afford their mortgages in the USA so they won't be driving the Hummer instead of the Corolla tomorrow. Mqurice