The Saudi's recently reported a couple new oil fields recently. "Big deal" Another block of future oil for them to manipulate the market. OPEC = Organized extortion.
Exploration off the coast of California is underway from what I understand and if there is finally some kind of production in the offing, California really needs the revenue.
Some aviation enthusiasts with a real bad attitude on the astronomical cost of aviation fuel went to work and developed fuel the military, Virgin, and now Continental Airways is now testing. Seems it's made from algae. This is a new bio-fuel.
(More on this later)
An intrepid entrepreneur from Australia has developed a generator with a two cylinder Honda engine that runs on H2-O. This water powered motor that runs a generator is also under the radar for now. These kinds of developments can be very frustrating. No Youtube vids yet and no solid proof but, there is a lot of work being done on hydrogen power.
News is that Daniel Dingle, an inventor from Asia is reported to have recently sold his hydrogen powered car-to someone. There is a famous Youtube video of him driving it around with a news reporter. Maybe this "someone" can capitalize in this technology and stop all the cynicism. Most of the Hydroxy development today is bent towards gasoline enhancement of the engine. Not using water as the sole fuel.
We can't ignore these new developments any more. Scientists and academia refuse to accept the possibility of energy production beyond their hard set interpretations.
Laws that are not to be broken. The speed of light was thought to be 186,000 miles per hour. But, that law has been challenged and that law busted.
Monday, January 12, 2009
Sunday, January 11, 2009
Fuel Prices Stabilizing?
It appears as the evidence grows and more light is being shed upon the last spike in oil prices, we can sum it up to Wall Street Greed and speculators. And yea, government is investigating it. "Big deal!"
They know there isn't a damned thing they can do about it even if there were some false speculation. Government let it happen. "Republicans as well as democrats are more interested in filling their coffers for re-election to maintain power than watching out for the folks".
Yep, own very own US Yankee "Government without a clue" provided the environment through efforts of the famed Enron Corp. Those who think government is not bought and paid for by the big companies or deep pockets might want to study a little more.
The laws regarding the oil market need to be overhauled back to pre-Enron legislation.
The way oil prices are controlled now leave absolutely no stability. How can major transportation, manufacturing, and regular folks plan a budget on such shifting sands?
Government will spell the end of freedom and our economy as we know it unless we fix it. We are at the mercy of Wall Street and their shareholders who spend money to influence government. Those of us out there working every day are at the bottom of the food chain and are getting stepped on by government and Wall Street.
One needs to look no further than the mess we have now.
As for alternative fuels, we need to find something renewable that will not raise food prices and cost less than a barrel of oil to produce. It has to be market viable. Anything that is not market viable is subsidized. And anything that is subsidized is paid for by the taxpayer. Not a market winner.
If you build a better mouse trap, you will succeed. If you can't, subsidize a senator or congressmen, and then you will.
They know there isn't a damned thing they can do about it even if there were some false speculation. Government let it happen. "Republicans as well as democrats are more interested in filling their coffers for re-election to maintain power than watching out for the folks".
Yep, own very own US Yankee "Government without a clue" provided the environment through efforts of the famed Enron Corp. Those who think government is not bought and paid for by the big companies or deep pockets might want to study a little more.
The laws regarding the oil market need to be overhauled back to pre-Enron legislation.
The way oil prices are controlled now leave absolutely no stability. How can major transportation, manufacturing, and regular folks plan a budget on such shifting sands?
Government will spell the end of freedom and our economy as we know it unless we fix it. We are at the mercy of Wall Street and their shareholders who spend money to influence government. Those of us out there working every day are at the bottom of the food chain and are getting stepped on by government and Wall Street.
One needs to look no further than the mess we have now.
As for alternative fuels, we need to find something renewable that will not raise food prices and cost less than a barrel of oil to produce. It has to be market viable. Anything that is not market viable is subsidized. And anything that is subsidized is paid for by the taxpayer. Not a market winner.
If you build a better mouse trap, you will succeed. If you can't, subsidize a senator or congressmen, and then you will.
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