Bush urges halt of CO2 emission growth by 2025
If you think it is high now, just wait until our new president and this congress get into it next year. On this issue of climate change all three have the same platform, tax you and make sure the prices go higher. I think this article sums it up pretty well. http://www.financi alsense.com/editor ials/worldenergy/2 008/0415_DunceCap. pdf (Apr 17, 2008 | post #71)
Why liberals want people to live in fear?
I think this article sums up the problem quite well. Problem is not conservative or Liberal. http://www.worlden ergysource.com/wem r/opinions2.cfm?ci =37&pid=10 (Apr 17, 2008 | post #15)
Oil executives say they aren't at fault
I think we need to be very aware that if we do not have a viable supply of oil to feed our refineries the price will continue to go up. Our gasoline use has risen by 1.8% a year since 2003. That means to satisfy that demand we would need to build 17 refineries by 2030. With the exception of ethanol refineries have not been built in the US in the last 30 years. Building one now is unlikely. Relevant reading for those who care. http://www.worlden ergysource.com/art icles%2Fpdf%2Fbaho rich_WE_v10n4.pdf http://www.worlden ergysource.com/art icles/pdf/cook_we_ v10n3.pdf http://www.worlden ergysource.com/new asf/wetv.cfm?vfile =WhatAboutTheWater (Apr 3, 2008 | post #151)
Oil executives say they aren't at fault
We are still the 3rd largest supplier of oil on the planet, and yet we only produce 28% of our supply domestically. Worse, if the demand increase continues and the decline in US production is not stopped we will produce less than 12% by 2012. 97% of our transportation runs on hydrocarbons, that is a really bad deal. Here is an editorial that outlines the issues quite well. http://www.worlden ergysource.com/art icles/pdf/simmons_ WE_v8n4.pdf (Apr 3, 2008 | post #132)
Liberman Warner Climate Change bill
NAM and ACCF Unveil New Study Highlighting the National and 50-State Economic Impacts of the Lieberman-Warner Climate Change Bill SAIC Study Assesses Economic Implications on Future Energy Costs, Economic Growth, Employment, Production, Household Income and Low Income Earners The conclusions of the reports indicate that the legislation, if passed into law, would have a profound economic impact on U.S. businesses, consumers and governments nationally and in all 50 states. A sampling of the national findings includes:  Gross Domestic Product (GDP) losses of $151 billion to $210 billion in 2020 and $631 billion to $669 billion per year in 2030  Employment losses of 1.2 million to 1.8 million jobs in 2020 and 3 million to 4 million jobs in 2030  Household income losses of $739 to $2,927 per year in 2020 and $4,022 to $6,752 per year in 2030  Electricity price increases of 28% to 33% by 2020 and 101% to 129% by 2030  Gasoline price increases (per gallon) of 20% to 69% by 2020 and 77% to 145% by 2030 If this doesn't concern us it really should. Follow-up reading This is a collection of articles written by industry CEOs on this topic. http://www.worlden ergysource.com/hot topics/globalwarmi ng/ (Mar 13, 2008 | post #1)
Actually, increased demand for Diesel is probably the only that path in the short term that does make sense. By diversifying the fuel base we solve both problems. relevant article http://www.worlden ergysource.com/art icles%2Fpdf%2Fmorr is_WE_v9n1.pdf Currently gasoline demand is rising at 1.8% a year. If this continues by 2020 we need to build 17 decent sized refineries. No guarantee you can get the oil to fill them. If you diversify to a diesel base we can reduce that to six. As demand rises on diesel more supply will come to the market keeping a lid on prices. Furthermore since you can make it from other fuel stocks as the the price rises it becomes more economical to make it from CTL, GTL, Bio sources and the like. (Mar 11, 2008 | post #171)
Cost of gas rises to record, and could go higher
Some interesting statistics, 97% of all our transportation is based on hydrocarbons. The primary feed stock is oil. Our domestic production of oil has been declining at 1.25% annually. We are still the third largest producer of oil on the planet, behind Russia and Saudi. Our gasoline demand increases on average 1.8% and has since 2003. We currently produce a little less than 30% of our domestic oil needs from reserves in the US. If this decline continues by 2012 we will produce less than 12% of our domestic needs. Short term we need to control more of the feed stock to reduce the price. Our oil producers have access to 15% of the reserves globally and 46% of the global supply is produced from that 15%. The only way to reduce the price of gasoline is to diversify the fuel base. The next best fuel we can move to is diesel. Good news on Diesel is that it goes 25% farther and you can make it from just about anything. Engines are more dependable and the big auto guys know how to make them. Since consumers are driving this (literally) we need to demand a policy that works us through this transition. We need to demand better cars, preferrably diesel, and we need to keep this economy moving. Mid term policy should reflect this and long term policy needs to reflect some sort of transitional fuel. And this doesn't even begin to address the power needs for our ever growing nation. Relevant reading http://www.worlden ergysource.com/art icles/pdf/bahorich _WE_v10n4.pdf http://www.worlden ergysource.com/art icles/text/simmons _we_v10n2.cfm http://www.worlden ergysource.com/wem r/cover.cfm?ci=39 &pid=1 One could argue that since demand keeps rising the price has not peaked yet. (Mar 10, 2008 | post #118)
Some interesting statistics, 97% of all our transportation is based on hydrocarbons. The primary feed stock is oil. Our domestic production of oil has been declining at 1.25% annually. We are still the third largest producer of oil on the planet, behind Russia and Saudi. Our gasoline demand increases on average 1.8% and has since 2003. We currently produce a little less than 30% of our domestic oil needs from reserves in the US. If this decline continues by 2012 we will produce less than 12% of our domestic needs. Short term we need to control more of the feed stock to reduce the price. Our oil producers have access to 15% of the reserves globally and 46% of the global supply is produced from that 15%. The only way to reduce the price of gasoline is to diversify the fuel base. The next best fuel we can move to is diesel. Good news on Diesel is that it goes 25% farther and you can make it from just about anything. Engines are more dependable and the big auto guys know how to make them. Since consumers are driving this (literally) we need to demand a policy that works us through this transition. We need to demand better cars, preferrably diesel, and we need to keep this economy moving. Mid term policy should reflect this and long term policy needs to reflect some sort of transitional fuel. And this doesn't even begin to address the power needs for our ever growing nation. Relevant reading http://www.worlden ergysource.com/art icles/tex... http://www.worlden ergysource.com/art icles/pdf... http://www.worlden ergysource.com/wem r/cover.c... One could argue that since demand keeps rising the price has not peaked yet. (Mar 10, 2008 | post #109)
Cost of gas rises to record, and could go higher
Some interesting statistics, 97% of all our transportation is based on hydrocarbons. The primary feed stock is oil. Our domestic production of oil has been declining at 1.25% annually. We are still the third largest producer of oil on the planet, behind Russia and Saudi. Our gasoline demand increases on average 1.8% and has since 2003. We currently produce a little less than 30% of our domestic oil needs from reserves in the US. If this decline continues by 2012 we will produce less than 12% of our domestic needs. Short term we need to control more of the feed stock to reduce the price. Our oil producers have access to 15% of the reserves globally and 46% of the global supply is produced from that 15%. The only way to reduce the price of gasoline is to diversify the fuel base. The next best fuel we can move to is diesel. Good news on Diesel is that it goes 25% farther and you can make it from just about anything. Engines are more dependable and the big auto guys know how to make them. Since consumers are driving this (literally) we need to demand a policy that works us through this transition. We need to demand better cars, preferrably diesel, and we need to keep this economy moving. Mid term policy should reflect this and long term policy needs to reflect some sort of transitional fuel. And this doesn't even begin to address the power needs for our ever growing nation. Relevant reading http://www.worlden ergysource.com/art icles/text/simmons _we_v10n2.cfm http://www.worlden ergysource.com/art icles/pdf/bahorich _WE_v10n4.pdf http://www.worlden ergysource.com/wem r/cover.cfm?ci=39 &pid=1 One could argue that since demand keeps rising the price has not peaked yet. (Mar 10, 2008 | post #77)
Oil exec gets prison in UN oil-for-food scheme
Here is an article from Congressman Archer written at the time. http://www.worlden ergysource.com/art icles%2Fpdf%2Farch er_EH_v2n1.pdf (Mar 9, 2008 | post #250)
Oil exec gets prison in UN oil-for-food scheme
I think it is widely forgotten that the oil for food scandal was occuring at a time when Sadam was bribing just about everyone at the UN. He was certain that he could keep the US from invading, get the sanctions lifted, and restart his expansion programs. The oil for food "scandal " was only a small part of this and it included a great many individuals who were willing to take a kick back to help enrich a dictator. Mostly what this scandal shows is that no good deed goes unpunished. In our attempt to help the people of Iraq we enabled another revenue stream for the corupt. (Mar 9, 2008 | post #248)
Here is an editorial that sums up the problem pretty well. http://www.worlden ergysource.com/art icles%2Fpdf%2Fbaho rich_WE_v10n4.pdf (Mar 5, 2008 | post #451)
If Energy is important, why is not an issue in this campaign
If Energy is critical to our economic, social, evironmental and integral to foreign policy why does it get so little coverage. If covered why is the focus continually on sources of Energy that provide so little of our total energy? Who is securing our "industrial Oxygen"? (Mar 5, 2008 | post #1)
Why is Energy NOT an issue in politics
If Energy is critical to our economic, social, survival and integral to foreign policy why does it get so little coverage. If covered why is the focus continually on sources of Energy that provide so little total energy? Who is securing our "industrial Oxygen"? (Mar 5, 2008 | post #1)
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