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General Information => General => Topic started by: jimfoo on April 08, 2008, 07:03:54 am
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http://www.nextenergynews.com/news1/next-energy-news4.3.08d.html
The only bad part is, only people in southernmost Florida are in a zone where the tree would grow as far as the US goes.
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How much for a packet of seeds? :)
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http://www.nextenergynews.com/news1/next-energy-news4.3.08d.html
The only bad part is, only people in southernmost Florida are in a zone where the tree would grow as far as the US goes.
Exhaust heated greenhouses are your friends? CO2 and heat for the trees! :D
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at the rate of global warming ... in a few years i'll be able to grow these in northern b.c. :D :D :D ......
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Ok, now that's pretty cool! 8)
...so long as you don't mix up those & your maple trees when doing the tapping :shock:
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I didnt read the entire artical but 30+ years to get the fuel?
Crap..
I have a half acre lot right now if a 1 acre lot will produce 1250 gallons I should be able to get 625 (ish) gallons.
But I suspect if I had to wait 30+ years for it my mk2 will be a pile o rust..
Bummer I didnt know about this 30 years ago ;)
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Plus you are just a tad too far north.
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so people are expecting there to still be diesel in 20 years?
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so people are expecting there to still be diesel in 20 years?
i would, if all hell hasn't broke loose by then
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so people are expecting there to still be diesel in 20 years?
Um, yep.
Tuesday, April 8th, 2008
In the next few days, the U.S. Geological Survey will publish its official results of a groundbreaking study...
Conducted 470 miles outside of Helena, Montana, the study is expected to confirm a massive oil deposit, 500 billion barrels large, in an area the locals have nicknamed the "Bakken."
Discovered over 50 years ago, this deposit--once impossible to extract--is now being hailed as the single largest oil find in US history.
That's because, today, thanks to revolutionary drilling technologies, the Bakken is about to come to fruition.
When that happens...
This light, sweet oil will cost Americans just $16 PER BARREL!
And here's the gusher:
Recently-passed Montana legislation has just caused a massive increase in exploration... blowing the lid off this hidden ocean of oil.
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so global warming will happen sooner? 8)
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I guess they figure the ships sinking anyways so a few more holes won't hurt :roll:
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When that happens...
This light, sweet oil will cost Americans just $16 PER BARREL!
Never happen... The oil companies and speculators are too used to fat profits.
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hey i like this ! I wonder if i grew them in my basement and got rid of those pot plants witch are alot of touble anyways! i could actually make some legal money? and not pay high prices of diesel anymore and run my own delivery service like a fuel truck! and deliver my product! what you guys think?
Duane :lol: :lol: :lol: :D
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my thoughts exactly. They'll come up with some bogus high refining, high pumping blah, blah, blah bull*** but the price of fuel will drop $0.10/l and consumers will soak it up and love it.
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i dunno... i could see them lowering the price to where they are still making great profit, but still to the point where driving a big SUV isn't very expensive as it is now. maybe instead of $16 a barrel maybe $50? basically cutting fuel prices in half to where they were 15-20 years ago
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Depending on who you read, there are a few economists out there that say oil is in a bubble just as housing was and gold is.
They feel the fundamentals don't support the high price and predict when the oil bubble bursts due to slowing economies world wide reducing demand oil will fall to $34-$45 a barrel.
A big part of the high cost is the week dollar. W. and his "Plunge Protection Team" are printing dollars so fast trying to save Wall Street and the Banks from the housing mess they and Alan Greenspan created, the dollar gets weaker by the minute. The rest of the world economies are about 2 years behind the U.S. with their housing bubbles, only recently have reports of housing troubles, falling prices, and defaults begun to surface in places like Spain, Ireland, and the UK. So the Euro and Pound have been strong against the Dollar driving up prices. This will change soon as other economies also slow.
Now a huge discovery could help that happen for sure. I am a cynic though. The money guys will do what ever they can to keep the price as high as they can. I don't see $16 a barrel though, probably ~$60, That seems to be the price set by demand naturally when China and India began consuming more and driving up the price, but even that may not hold out, China sets the price people pay for gas and subsidies the difference. It's getting hard for the government to keep the cost down which means high costs, which means higher cost exports, which means less demand, so.... Maybe ~$45 but, I don't think so.
High oil prices hurt Chinese refiner (http://www.iht.com/articles/2008/04/07/business/sinopec.php)
When oil bubble bursts (http://en.rian.ru/analysis/20080312/101187625.html)
Not that I have been thinking about this much... :wink: