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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (401711)	7/25/2008 12:31:37 PM
From: Road Walker	Read Replies (1) \| Respond to of 1575428

Well, you can wait till we go off a cliff. T. Boone says if we do nothing oil will be $300/bbl in ten years guaranteed. The middle east and china will own us by then. Of course they will have converted to nuclear and whatever while the bozos in Congress say wha' happened? We really don't have an 'energy crisis', we have an 'oil crisis' (electrical generation is OK but needs some beefing up and uses very little oil). 70% of our oil consumption is transportation. 10 years is about our fleet replacement cycle for cars. In that time we could cut our oil usage to 25% of today's level just by enforcing efficiency in MPG. We could make substantial incremental improvement each year. Trucks and buses can use NG. Airplanes can use ethanol based jet fuel. But to retrofit every vehicle in the US for NG would probably take 10 years and be hugely expensive... and be a waste as the replacement cycle will be moving those vehicles towards hybrids and electric anyway. I don't argue with his goal but I do with his method.