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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (69826)6/28/2008 4:09:55 AM
From: Maurice Winn  Respond to of 74559
 
No worries, it's sorted out: <that's a hard one>

On vehicle fuel, the economies of scale and improvements in efficiency by doing industrial scale fuel production means that in-vehicle fuel processing is a no-go.

As petrol/diesel get more expensive, at some stage the improvement in efficiency by using liquid oxygen instead of air should become attractive. But that's theoretical. Long before that happens, alternative fuels such as liquids from cellulose, or batteries from nuclear energy will be used as fuel.

At $140 a barrel, any number of alternatives are economic. Conservation becomes a pressing issue. Last time, after going from $2 to $40 a barrel in 5 years, it took just 6 years for the price to crash back to $10 a barrel

It has taken 8 years to go from $10 a barrel to $140 a barrel. Give it 6 years and OPEC will be struggling to rebuild market share and oil prices will be down to $40 a barrel. [As measured in 2007 dollars].

Mqurice