Hi all
In reply to Jed Rothwell.
The 15% Figure is the maximum value of oil in post fossil fuel age and the
$1 value is what they stated they are willing to go to.
The reality of the future market price is between the two.
Factors that will affect the price of oil including allowing or causing
http://www.forbes.com/sites/timworstall/2015/08/06/the-looming-bankruptcy-of-saudi-arabia/#74ea1456eee2
https://youtu.be/Jkqb4bUgJ9c
On Mon, Mar 14, 2016 at 10:35 PM, Jed Rothwell
wrote:
> Ian Walker wrote:
>
>
>> So oil will drop to 15% of its
Ian Walker wrote:
> So oil will drop to 15% of its expected value from that 2014 high.
>
When the demand for a commodity rapidly drops by 85%, it does not follow
that the value also falls by 85%. In most cases it will fall even more than
that, as sellers become desperate
Hi all
I wrote a report about this back in 2012 and revised it several times and
was permitted to make part of it public in 2013 a substantial proportion of
the report in a rough edited version was made available on Sifferkol's
website last year:
David Roberson wrote:
I suspect that the transportation of oil as well as its production cost
> would make it desirable to find local sources for the elements needed in
> those related products.
As far as I know, the only thing you want in plastic feedstock is "pure
t;
Sent: Mon, Mar 14, 2016 2:51 pm
Subject: Re: [Vo]:NY Times, "How Saudi Arabia Turned Its Greatest Weapon on
Itself"
David Roberson <dlrober...@aol.com> wrote:
You have put together an excellent list of current products that are produced
from petroleum. The question is whet
com>
To: vortex-l <vortex-l@eskimo.com>
Sent: Mon, Mar 14, 2016 2:14 pm
Subject: Re: [Vo]:NY Times, "How Saudi Arabia Turned Its Greatest Weapon on
Itself"
I wrote:
Once the writing is on the wall the price will collapse and never recover. I
think it is starting to do that with
David Roberson wrote:
You have put together an excellent list of current products that are
> produced from petroleum. The question is whether or not good replacements
> for these needs can be obtained once energy costs become insignificant.
Why would we replace them? Oil
opo...@charter.net>
To: vortex-l <vortex-l@eskimo.com>
Sent: Mon, Mar 14, 2016 2:26 am
Subject: RE: [Vo]:NY Times, "How Saudi Arabia Turned Its Greatest Weapon on
Itself"
Although the largest uses for petroleum are energy/transportation, which would
be replaced by LENR, th
I wrote:
> Once the writing is on the wall the price will collapse and never recover.
> I think it is starting to do that with coal, because natural gas, wind and
> solar have taken a large fraction of the coal market, and there is no
> reason to think they will not take the rest of it away over
It appears from various threads that the issue of ionizing radiation emissions
is still unsettled.
That could bring up yet more NIMBY-ism. For example, I bought a gift that was
a glow in the dark keychain, powered by tritium. I had to buy it off Ebay from
Britain as the US is too phobic to
Axil Axil wrote:
That opinion is an overreaction. It will take 20 to 30 years before any
> fraction of transportation is converted over to LENR.
>
I do not know how long it will take to get started. I cannot predict when
cold fusion will become a practical source of energy.
I wrote:
> The non-energy use of oil used to be about 10% of total production,
> including about 2% for plastic feedstock. Some natural gas is also used in
> nonenergy applications.
>
Correction: it was 17% in 2000. It was 6.4 quads out of 38.8 for petroleum.
See the last page here:
Thermal depolymerization will require refineries, of a sort – together with the
attendant cancer-causing leaks/byproducts. And there will be the usual
NIMBY-ism about their siteing. Maybe they could convert existing refineries or
ship them off to the third world, in which bribes and
MarkI-ZeroPoint wrote:
Although the largest uses for petroleum are energy/transportation, which
> would be replaced by LENR, there are numerous other uses for petroleum
> which will not be replaced by LENR, so there will always be some market for
> it.
>
The non-energy
Aspirin
Makeup
Candle wax
-mark
From: Jed Rothwell [mailto:jedrothw...@gmail.com]
Sent: Sunday, March 13, 2016 6:41 PM
To: vortex-l@eskimo.com
Subject: Re: [Vo]:NY Times, "How Saudi Arabia Turned Its Greatest Weapon on
Itself"
Axil Axil <janap...@gmail.com> wrote:
Axil,
Don't be such a pessimist. 1 - 2 decades is plenty to get LENT in
vehicles. I could even be less is the E-Cat X really can produce the
majority of its output as electricity.
http://www.reuters.com/article/us-china-economy-employment-idUSKCN0W205X
China expects to lay off 1.8 million workers in coal, steel sectors
On Sun, Mar 13, 2016 at 9:41 PM, Jed Rothwell wrote:
> Axil Axil wrote:
>
>
>> That opinion is an
Axil Axil wrote:
> That opinion is an overreaction. It will take 20 to 30 years before any
> fraction of transportation is converted over to LENR.
>
The time it takes to convert is not so important. An economist friend of
mine explained to me that markets respond to likely
On Sun, Mar 13, 2016 at 7:14 PM, Axil Axil wrote:
> That opinion is an overreaction. It will take 20 to 30 years before any
> fraction of transportation is converted over to LENR.
>
It would take a lot less than that in wartime.
> On Sun, Mar 13, 2016 at 6:56 PM,
That opinion is an overreaction. It will take 20 to 30 years before any
fraction of transportation is converted over to LENR.
On Sun, Mar 13, 2016 at 6:56 PM, Jed Rothwell wrote:
> This article describes the troubles that oil-producing nations are
> experiencing. These
This article describes the troubles that oil-producing nations are
experiencing. These problems be far worse if it becomes generally known
that cold fusion is real. That knowledge alone will reduce the price of
oil. If cold fusion succeeds these nations will all be bankrupt.
- Jed
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