Gas Prices

[Everskyward]

I asked the person I know who does this what site he got his information and products from and he told me this one. He found out about it from a guy who runs an FBO. We were sitting there all day and they got into this discussion. My initial reaction was haha no way, but he went ahead with it and seems satisfied.

 

[Tom-D]

um, wouldn't the land to used (or water) displace something (plants and animals) that are there right now? Wouldn't that be an environmental impact and wouldn't it need to be addressed?

I'm not arguing about the net benefit wrt CO2 (I assume, not CO).

the sun belt is where the growers would be located, there is very little out there to start with. the water is not lost, it is recycled over and over again.

yes there will be roads built, as there must be facilities such as shown in the Videos.

http://www.youtube.com/watch?v=8hioZ7C6HLs

http://www.youtube.com/watch?v=OebPtG6J-dg&feature=related

http://www.youtube.com/watch?v=OebPtG6J-dg&feature=related

http://www.youtube.com/watch?v=n9_-ZguuhBw&feature=related

 

[Cap'n Jack]

the sun belt is where the growers would be located, there is very little out there to start with. the water is not lost, it is recycled over and over again.

The water is recycled in the closed system, but the production facilities will be closed (rather than ponds) to prevent contamination from wild-type algae which has been found to take over a pond. Nitrogen and other materials important to growth can also be recycled from the left-over biomass after extraction of the oil. This contrasts with growing plants in the ground where this material is lost.

 

[DutchessFlier]

I would agree with most of this expect the promise of FUTURE SUPPLY and FUTURE DEMAND do play a part in CURRENT PRICES. The markets discount these back to Present Value and if there is the promise of more supply that helps reduce current pricing. Also if they forecast the economy to heat up that will also effect PV. So there are supply and demand pressures on pricing.

Anthony: A valid analysis to a degree, but remember, anything that rests on trending future econometrics has a pretty deep speculative delta built into the equation..speculation being a fascinating phenomena to try and measure as so much of that component is emotionally based rather than statistically grounded.

Also, the old addage that "what you don't know can bite your ass as much as what you do know" is a real player in the fossil fuel game...we really DON'T know the actual supply of fossil fuel remaining in the world..or to be really cynical about it, those who are in the know about that quantity are not letting that cat out of the bag (an artificial and controlled supply factor to manipulate pricing and speculative forces to the benefit of those who hold the resource) of course it's finite, but it's an unknown, and the speculation is driven by that unknown.

 

[robertl30]

Aww. Poor 'Mericans. We Canucks, who provide the majority of the oil you use,

Actually U.S. domestic production provides the majority of our oil. Canada does lead in U.S. imports of oil, followed very closely by Mexico.