posted on Jul, 10 2004 @ 04:33 PM
Hydrogen powered cars are an illusion. Where does the hydrogen come from? In any large numbers, fossil fuel like methane.
Transport is horrible---by far the most scientifically compelling carrier for hydrogen is carbon atoms in a liquid form. I.e. gasoline.
When the price of oil goes up, the price of alternates will ALSO go up, and perhaps substantially. Why? Because a large part of the current cost of
goods is based on the current cost of oil and energy since it is used in so many processes. When oil is $70/bbl and gasoline $6/gallon there will be
massive inflation in all the industrial goods and raw materials necessary to produce and extract alternate energy.
Yes, there will bea crossover point where the alternate is profitable, but it will be higher than most people think, and the road there will be very
Alberta oil sands make #ty oil and it costs a large amount of energy input to get it out.
The main problem with mideast oil is what the people there do with the money they make from it.