When you think about energy, and especially petroleum, you need to think globally, not the local USA economy. Even if we drilled more wells off shore from the US, or in Alaska, it wouldn't change the overall global economics in play today. The price the oil companies pay for oil is set globally, and the overall economic function of the supply and demand equation is global.
It is likely that worldwide supply of petroleum has peeked, regardless of new production coming online everyday; because, oil wells all over the world are being plugged as all the petroleum has been recovered from them. Yet global demand for petroleum is steadily increasing and will continue to increase into the foreseeable future. At some point consumption of petroleum will decrease, because of high prices, which could stifle our economy, so we must find new sources of energy to continue growth and stability of the USA. Regards, LelandJ Michael Madigan wrote: > We wouldn't have to do any of this if we would just > drill more off the coast and in Alaska. > > > > --- "Leland F. Jackson, CPA" <[EMAIL PROTECTED]> > wrote: > > >> Stephen Russell wrote: >> >>> On Thu, Apr 3, 2008 at 10:55 AM, Leland F. >>> >> Jackson, CPA < >> >>> [EMAIL PROTECTED]> wrote: >>> >>> >>> >>>> I just like the idea of having the option to go >>>> >> to biodiesels, made from >> >>>> used cooking oil, should there ever be an >>>> >> emergency where we are unable >> >>>> to get gas or diesel regardless of how much a >>>> >> buyer is willing to pay. >> >>>> It seem to me it would be easier to brew a batch >>>> >> of biodiesel from used >> >>>> cooking oil, than to try and refine a barrel of >>>> >> petroleum into diesel >> >>>> and gasoline. LOL. >>>> >>>> >>>> >> --------------------------------------------------- >> >>> I bet it is easier for Cargil or Kraft to generate >>> >> Soy Diesel then Exon to >> >>> make US grade diesel. Could they get that much >>> >> soy from the local area to >> >>> stop wasted fuel costs on shipping truck loads of >>> >> soy beans to rail >> >>> stations, then getting the rail to haul them to a >>> >> localized plant? >> >>> Could that same Soy Diesel b used for heating >>> >> homes in the northeast? What >> >>> a great idea. >>> >>> >>> >>> >>> >>> >> That's a good question. I'm not sure whether a home >> heating system, >> designed to use heating oil, would work with >> biodiesel made from >> soybean, but I don't think soybean would be best >> suited as the main >> ingredient for biodiesel. I think is the best >> source for biodiesel >> would be algae. >> >> http://www.unh.edu/p2/biodiesel/article_alge.html >> >> Regards, >> >> LelandJ >> >> >> --- StripMime Report -- processed MIME parts --- >> multipart/alternative >> text/plain (text body -- kept) >> text/html >> --- >> >> _______________________________________________ >> Post Messages to: [email protected] >> Subscription Maintenance: >> http://leafe.com/mailman/listinfo/profox >> OT-free version of this list: >> http://leafe.com/mailman/listinfo/profoxtech >> Searchable Archive: >> http://leafe.com/archives/search/profox >> This message: >> >> > http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] > >> ** All postings, unless explicitly stated otherwise, >> are the opinions of the author, and do not >> constitute legal or medical advice. This statement >> is added to the messages for those lawyers who are >> too stupid to see the obvious. >> >> > > > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
