[Jay Pan ROKK]

We should change asap to bio-fuel.

The sooner the better.

[Fanu]

Originally Posted by Jay Pan ROKK

We should change asap to bio-fuel.

The sooner the better.

only if its second generation biofuel

but imo we should go with hydrogen or something completely different

[stylesbjj]

Originally Posted by Darwinist

It's crazy that just a year and a half ago I was arguing with posters on this very forum, some that trade on the market, trying to convince them that oil would never go back down to $20 a barrel from a then-high of $40, and almost nobody believed me. It was only temporary you see...

And it's doubly strange that there are still people around who say Peak Oil isn't real, when the events of the last 2-5 years have unfolded pretty much exactly according to the peak oil model. Lots of volatility in the market with large up and down swings, no supply expansion from OPEC, and a price that in the long term only keeps on rising.

We will hit $200 soon, perhaps within a year and a half, and its not going to stop anytime soon.

Link to those threads?

Originally Posted by Jay Pan ROKK

We should change asap to bio-fuel.

The sooner the better.

Its still about 3 years too early (according to the biofuel startups), the technology is still developing. Once it is developed, scaling up the process should take a year to produce significant quantities of biofuel.

Originally Posted by Fanu

only if its second generation biofuel

but imo we should go with hydrogen or something completely different

There are a lot of significant issues to overcome before hydrogen can be used. It seems that it'll need at least 10 years before it can be effectively utilized, if it can be.

[Darwinist]

I posted this on 3/8/2006

1. I can state with absolute certainty that oil will never go below $35 and probably never below $45 ever again unless it´s for a very short period of time.

And Nofatchicks answered with this:

I trade energy futures, and I have for a number of years, and I disagree with you. I firmly believe that Oil will return normalized levels, it's just a matter of when. Dont get me wrong, Im not going short yet, but I think it will happen.

In this context, "normalized levels" are the $20-30 band that was the stable price of oil in the 90s and late 80s.

Some of the threads I made on the subject in that period:

coal-based diesel

Question....

Peak Oil alarmists gain unexpected ally - the U.S Army(PDF report inside)

I also had some really good discussions on the issue in other people's threads.

[Jay Pan ROKK]

Originally Posted by Fanu

only if its second generation biofuel

but imo we should go with hydrogen or something completely different

Hydrogen needs a completely different infrastructure, distribution and engines.

Bio-fuel, either ethanol or bio-diesel, could be mixed to regular gas and diesel up to 35% and nothing have to change, the same gas station same motors.

Consumers will not even notice.

[Jay Pan ROKK]

Originally Posted by stylesbjj

Its still about 3 years too early (according to the biofuel startups), the technology is still developing. Once it is developed, scaling up the process should take a year to produce significant quantities of biofuel.

We already have full technology for bio-fuel.

Brazilian numbers:

- 95% of all cars are flex, that means it can run on any mix between gas and ethanol.

- Regular gas already has 25% of ethanol, so, there is no 100% gas here.

- Regular diesel already has 2% of bio-diesel, this number should increase by 2% every year.

[redjako]

Originally Posted by Darwinist

It's crazy that just a year and a half ago I was arguing with posters on this very forum, some that trade on the market, trying to convince them that oil would never go back down to $20 a barrel from a then-high of $40, and almost nobody believed me. It was only temporary you see...

And it's doubly strange that there are still people around who say Peak Oil isn't real, when the events of the last 2-5 years have unfolded pretty much exactly according to the peak oil model. Lots of volatility in the market with large up and down swings, no supply expansion from OPEC, and a price that in the long term only keeps on rising.

We will hit $200 soon, perhaps within a year and a half, and its not going to stop anytime soon.

Strengthen the USD ftw.

[hypocalking]

Yay it now cost $63.00 to fill up my Honda Accord.

[MyCatIsFat]

I'm pretty young, but I remember back when gas was only 99 cents. It seems like ages ago.

[demo3051]

Originally Posted by Jay Pan ROKK

We already have full technology for bio-fuel.

Brazilian numbers:

- 95% of all cars are flex, that means it can run on any mix between gas and ethanol.

- Regular gas already has 25% of ethanol, so, there is no 100% gas here.

- Regular diesel already has 2% of bio-diesel, this number should increase by 2% every year.

I suppose we are just going to ignore the problems of biofuel, namely increased food costs and food shortages. Biofuels are not the answer, not if they have to be grown.