TangoWhiskey
Touchdown! Greaser!
Two things here... we keep hearing warnings that we'll run out of oil in xx years. Here's an interesting counterpoint to that argument, which maintains that we'll never run out of oil:
http://economics.about.com/cs/macroeconomics/a/run_out_of_oil.htm
Thoughts?
In any case, oil will eventually get rare/expensive enough that it won't be used as liberally as it is now. As I watched the jets departing DFW today, I had to wonder what viable 'alternative fuel' technologies are being developed for jet aircraft. Are new engines under development that could use hydrogen or other fuels? Will existing jets be able to be retrofitted, or are we talking about wholesale fleet replacement?
Fuel costs will continue to be a big factor for airlines, likely more than 9/11 was.
http://economics.about.com/cs/macroeconomics/a/run_out_of_oil.htm
Thoughts?
In any case, oil will eventually get rare/expensive enough that it won't be used as liberally as it is now. As I watched the jets departing DFW today, I had to wonder what viable 'alternative fuel' technologies are being developed for jet aircraft. Are new engines under development that could use hydrogen or other fuels? Will existing jets be able to be retrofitted, or are we talking about wholesale fleet replacement?
Fuel costs will continue to be a big factor for airlines, likely more than 9/11 was.