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Interesting part of an article

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JPSmit

JPSmit

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I get this emailed to me.
Sports Car Digest

And this edition has this article
Puzzles Facing the Car Industry

Which makes this claim.

But what if oil is actually plentiful, as some experts are beginning to believe. Citing huge reserves in Alberta and North Dakota, and recent discoveries in Brazil that may exceed the reserves in Saudi Arabia, these sources suggest that oil prices could decline precipitously. If that happened, demand for electrics and hybrids would likely collapse, wiping out the considerable investment in them.

would be very interesting to see. I have heard that even OPEC wants a $50 barrel of oil while one quote I heard (but can't reference said oil should be $5 a barrel)

In a oil price related move (I suspect) Standard and Poor downgraded the USA credit rating tonight. May we live in interesting times.
 
Even if there are large amounts of oil in Alberta, aren't we just prolonging the inevitable? I mean if it's not now, it will be later that the oil reserves dwindle. Alternative energy sources is still a good thing.
 
Gliderman8 said:
Even if there are large amounts of oil in Alberta, aren't we just prolonging the inevitable? I mean if it's not now, it will be later that the oil reserves dwindle. Alternative energy sources is still a good thing.
Click to expand...

:wall:
 
It is clearly prolonging the inevitable, but at least we are beginning to reduce our dependency on oil. The higher fuel efficiency standards are on the horizon. Plus, it is inevitable that the internal combustion engine will be replaced with a more efficient, less petroleum-guzzling/polluting version in the foreseeable future.

Some genius may be out there in his garage (or a multi-million dollar corporate laboratory) right now, working on the next source of power for our vehicles. Whether it's electric, fusion, whatever, it will do away with the internal combustion engine like the car did to the horse in the early 1900s.

In the meantime, it's simple, common logic to reduce oil dependency and develop alternative energy sources. It good to see the country headed down this path, IMHO. :yesnod:
 
vagt6 said:
It is clearly prolonging the inevitable, but at least we are beginning to reduce our dependency on oil. The higher fuel efficiency standards are on the horizon. Plus, it is inevitable that the internal combustion engine will be replaced with a more efficient, less petroleum-guzzling/polluting version in the foreseeable future.

Some genius may be out there in his garage (or a multi-million dollar corporate laboratory) right now, working on the next source of power for our vehicles. Whether it's electric, fusion, whatever, it will do away with the internal combustion engine like the car did to the horse in the early 1900s.

In the meantime, it's simple, common logic to reduce oil dependency and develop alternative energy sources. It good to see the country headed down this path, IMHO. :yesnod:
Click to expand...

:wall:
 
HERE'S one needing more attention. A viable interim answer.
 
DrEntropy said:
HERE'S one needing more attention. A viable interim answer.
Click to expand...

This is one of those topics where I'd really like to say something, but I'd break my own rules if I did. So all I can say is Mmmffft mmmm mmm thupppmmf .
 
Basil said:
DrEntropy said:
HERE'S one needing more attention. A viable interim answer.
Click to expand...

This is one of those topics where I'd really like to say something, but I'd break my own rules if I did. So all I can say is Mmmffft mmmm mmm thupppmmf .
Click to expand...

admirable restraint boss, or, are you eating peanut butter? :thumbsup:
 
JPSmit said:
Basil said:
DrEntropy said:
HERE'S one needing more attention. A viable interim answer.
Click to expand...

This is one of those topics where I'd really like to say something, but I'd break my own rules if I did. So all I can say is Mmmffft mmmm mmm thupppmmf .
Click to expand...

admirable restraint boss, or, are you eating peanut butter? :thumbsup:
Click to expand...

Something with more protein - my tongue.
 
:devilgrin:
 
That's a pretty neat newsletter you get there JPSmit, I pretty much each article I read in it. Esp. the one on Daytona, and Cadillac. Not commenting on the other thing.
 
I was going to read the second one,but couldn't find
my tinfoil hat.

- Doug
 
We should have stayed with the steam engine. After-all there isn't a shortage of coal; why on earth did we need to develop the internal combustion engine? We shouldn't develop a better way just for the sake of it, we should be happy with what we have got.
 
TRDejaVu said:
...we should be happy with what we have got.
Click to expand...

OOO - that's gonna leave a mark! :wink:
 
<span style="font-style: italic">We must always strive to do better.</span>

After all, this IS America!
 
vagt6 said:
<span style="font-style: italic">We must always strive to do better.</span>

After all, this IS America!
Click to expand...

D*mn straight skippy!
 
Basil said:
vagt6 said:
<span style="font-style: italic">We must always strive to do better.</span>

After all, this IS America!
Click to expand...

D*mn straight skippy!
Click to expand...
...and that was the point that others were making in this thread.
 
"We must always strive to do better.

After all, this IS America!"

I thought that went out of fashion in the 60s?
 
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