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Originally posted by Amur Tiger
That's what's you're missing if it's economically viable then you haven't stopped or helped the peak oil problem oil prices will still be higher then we can afford for many of the more common uses.
Also between the energy costs and the fact that none of the systems for extracting the oil are very efficient would easily make you lose more oil then you get.
I'm not talking about using more processed oil I'm taking about the difference between what's in the ground and what you get out of it. For example it could well be(I don't know the exact figures obviously) that for every 4 barrels estimated in the ground you only get one out. If you still consider yourself covered then you should take a look at how well the U.S. economy has done with current oil prices, if oil prices are so high that it's worth getting it out of all of these places then your economy may have already collapsed or been reduced considerably.
Originally posted by Off_The_Street
jprophet 420 says:
'hfuel cars exist and are stable, there is no need for crude oil at all."
Where does the power come from to crack the hydrogen, and compress it, and store it, jprophet?
According to the artical you are wrong. It says with current oil prices it is economically viable. That is the whole reason they are revisiting the idea!
yep, it's not going to be easy but don't we already got most of the hfuel cells research done, the only big problems is to get everyone to get hfuel cells cars.