Oil prices peaked
01-29-2008, 08:24 PM
#51
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Joined APC: Mar 2006
Position: rj 700/900
Posts: 506
California is the largest state in the country. We have more than 30 million residents (more than 10% of the US population). And more than 35% of our power comes from renewable sources (wind, solar, and hydroelectric). We also get a decent portion (compared to the rest of the country) from nuclear power.
So why can't the rest of the United States follow our lead? I think it is perfectly realistic. If we did it, why can't you?
Yes. That must be it. We get all our money from Hollywood.
So why can't the rest of the United States follow our lead? I think it is perfectly realistic. If we did it, why can't you?
Yes. That must be it. We get all our money from Hollywood.
- Nevermind the fact that the Silicon Valley is the technology capital of the world.
- Nevermind the fact that the Central Valley produces more fruit and vegetables than any other place on earth
- Nevermind the fact that California is the biotechnology capital of the US
- Nevermind the fact that several of the world's largest corporations call California home... (Google, Apple, Chevron, Sun Microsystems, Franklin Templeton, and Oracle world headquarters are all within 30 miles of my house)
http://cngutah.com/
Although California has a good infrastructure for cng, your price is still too high to make it a great alternative.
Last edited by bla bla bla; 01-29-2008 at 08:42 PM. Reason: good to great
01-29-2008, 08:34 PM
#52
Gets Weekends Off
Joined APC: Apr 2006
Position: Captain
Posts: 178
Well boys,
I thought I would post about this since I currently work in the oilfield. I work in a market analysis role and have my ears to the ground on much of this stuff, like the price of oil and such.(Planning on transitioning to a pilot in the next few years.) It is looking like oil prices may have peaked and that demand may be leveling off. The introduction of alternate fuel, hybrid cars, the mortgage crisis, and the credit crunch in the US seems to be slowing demand. Oil supply is still tight but hopefully $100/bbl oil will not be something that sticks around for long. Many people are predicting $70-80/bbl oil, which is much better for the whole economy. Just thought I'd share some potentially good news.
I thought I would post about this since I currently work in the oilfield. I work in a market analysis role and have my ears to the ground on much of this stuff, like the price of oil and such.(Planning on transitioning to a pilot in the next few years.) It is looking like oil prices may have peaked and that demand may be leveling off. The introduction of alternate fuel, hybrid cars, the mortgage crisis, and the credit crunch in the US seems to be slowing demand. Oil supply is still tight but hopefully $100/bbl oil will not be something that sticks around for long. Many people are predicting $70-80/bbl oil, which is much better for the whole economy. Just thought I'd share some potentially good news.
01-29-2008, 08:38 PM
#53
Gets Weekends Off
Joined APC: Apr 2006
Position: Captain
Posts: 178
01-29-2008, 11:08 PM
#54
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 40,108
Rick,
Yes turbine aircraft can run on some biofuels. Like I was saying virgin america is doing a test flight using the existing GE cf 6 engines on a 747 with a 20% bio diesel/ 80% jet fuel mixture. Jet fuel is alot like kerosene which is close to diesel. GE says the CF 6 engines can run off of bio-diesel without any modifications. Will it work for all engines? That remains to be seen but one of the issues I did read, I think someone else may have posted it, that there is a problem with bio-fuel gelling when at cold temperatures which would be a problem at high altitudes, however the problem could be solved with some types of additives. I think these are promising things and that we will find a solution in our life times. I do not believe we have hit peak oil like someone else is saying, and the fact that some people think it is frightening that we will have to use tar sand, and oil sand is silly. These sources were not economically feasible when oil was $10-25/bbl but now that we are at $80-90/bbl they will be and I can tell you that the technology to get it is there. All that to say that we can also convert coal to gasoline/avgas/jetfuel and diesel which I have said before. Worrying about this is silly and investments are being made in alternative energy sources already. I think the market will come up with something in the next 10-20 years to ween us off of oil. We aren't going to go back to the dark ages like everyone seems to think on this thread
Yes turbine aircraft can run on some biofuels. Like I was saying virgin america is doing a test flight using the existing GE cf 6 engines on a 747 with a 20% bio diesel/ 80% jet fuel mixture. Jet fuel is alot like kerosene which is close to diesel. GE says the CF 6 engines can run off of bio-diesel without any modifications. Will it work for all engines? That remains to be seen but one of the issues I did read, I think someone else may have posted it, that there is a problem with bio-fuel gelling when at cold temperatures which would be a problem at high altitudes, however the problem could be solved with some types of additives. I think these are promising things and that we will find a solution in our life times. I do not believe we have hit peak oil like someone else is saying, and the fact that some people think it is frightening that we will have to use tar sand, and oil sand is silly. These sources were not economically feasible when oil was $10-25/bbl but now that we are at $80-90/bbl they will be and I can tell you that the technology to get it is there. All that to say that we can also convert coal to gasoline/avgas/jetfuel and diesel which I have said before. Worrying about this is silly and investments are being made in alternative energy sources already. I think the market will come up with something in the next 10-20 years to ween us off of oil. We aren't going to go back to the dark ages like everyone seems to think on this thread
I also agree that economic forces will drive alternative fuel/energy development, not government mandates. This will work as long as the supply tapers off slowly enough to allow the economy to adjust...I think it will, but it's hard to say for sure.
01-30-2008, 04:49 AM
#55
Gets Weekends Off
Joined APC: Dec 2005
Position: Leftof longitudinal
Posts: 1,899
California is the largest state in the country. We have more than 30 million residents (more than 10% of the US population). And more than 35% of our power comes from renewable sources (wind, solar, and hydroelectric). We also get a decent portion (compared to the rest of the country) from nuclear power.
So why can't the rest of the United States follow our lead? I think it is perfectly realistic. If we did it, why can't you?
Yes. That must be it. We get all our money from Hollywood.
So why can't the rest of the United States follow our lead? I think it is perfectly realistic. If we did it, why can't you?
Yes. That must be it. We get all our money from Hollywood.
- Nevermind the fact that the Silicon Valley is the technology capital of the world.
- Nevermind the fact that the Central Valley produces more fruit and vegetables than any other place on earth
- Nevermind the fact that California is the biotechnology capital of the US
- Nevermind the fact that several of the world's largest corporations call California home... (Google, Apple, Chevron, Sun Microsystems, Franklin Templeton, and Oracle world headquarters are all within 30 miles of my house)
Socialism is failing and the rest of us don't want to emulate it <g>
01-30-2008, 05:10 AM
#57
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Joined APC: Feb 2007
Position: 1st year pay for the 3rd time
Posts: 1,434
Yes and now the rest of the village idiots want to give a tax rebate to those who don't pay taxes.....Brilliant!
01-30-2008, 05:54 AM
#58
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Thread Starter
Joined APC: Dec 2007
Position: CFI, MEI
Posts: 105
weasil,
The scientific community was in consensus 30 years ago when they said mankind's greatest concern was global cooling. They were wrong. They said that oil production peaked in 1980 and we would run out soon and today there are double the reserves/new discoveries there were in 1980. Granted demand is much greater now, and I think oil is a limited resource. However, we are making so many discoveries of new oil types and our company is developing the new technology to go after it that I'm just not worried about it.
Oh yeah aerodude,
That's cool that Cali gets 35% of their energy from renewable stuff, but pardon my skepticism I don't believe that. Even if it is true, that is only California, and you are saying that's only 35% of the energy they use. Oh yeah, and you guys only have 10% of the US population. I agree we should use nuclear power, and any other renewable resource as much as we can but the only one that will produce energy on a large enough scale would be nuclear power. Environmental regulations make it difficult to built nuclear power plants, and many of those environmental regulations were adopted from California's lead. We should certainly protect the environment but we also have to have power.
The scientific community was in consensus 30 years ago when they said mankind's greatest concern was global cooling. They were wrong. They said that oil production peaked in 1980 and we would run out soon and today there are double the reserves/new discoveries there were in 1980. Granted demand is much greater now, and I think oil is a limited resource. However, we are making so many discoveries of new oil types and our company is developing the new technology to go after it that I'm just not worried about it.
Oh yeah aerodude,
That's cool that Cali gets 35% of their energy from renewable stuff, but pardon my skepticism I don't believe that. Even if it is true, that is only California, and you are saying that's only 35% of the energy they use. Oh yeah, and you guys only have 10% of the US population. I agree we should use nuclear power, and any other renewable resource as much as we can but the only one that will produce energy on a large enough scale would be nuclear power. Environmental regulations make it difficult to built nuclear power plants, and many of those environmental regulations were adopted from California's lead. We should certainly protect the environment but we also have to have power.
01-30-2008, 06:19 AM
#59
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Joined APC: Apr 2007
Position: Radio Flyer (The lil red wagon)
Posts: 317
And I can say that because you know what work is, unlike most of these fruit and nut socialist idealists lacking any concept of reality.
I will give some parts of Cali props. El Cajon must be okay if it is home to Duncan Hunter.
01-30-2008, 07:40 AM
#60
Gets Weekends Off
Thread Starter
Joined APC: Dec 2007
Position: CFI, MEI
Posts: 105
Yeah...Duncan Hunter is the man too bad he didn't make it very far in the election. I think natural gas is a very good alternative. We have so much natural gas in the US it is ridiculous.
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