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#1681 | |||
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Quote:
Unfortunately, it is a truth even echoed by the article, and his rebuttal, while relevant, doesn't dissuade from the fact that we will be running out of oil soon. It is on a scale of decades--not centuries, not millennia--decades. We will ever run out of oil? Of course not. We can't extract it all or prevent more from being made. There will always be oil, but like the article mentions, either demand will drop, or it will get prohibitively expensive to extract and refine oil, even if demand is high, and people will look to alternatives Right now, only about 50% of the oil can be extracted: first using natural pressure, second using artificial pressure, and third using artificial pressure and heat to make viscous oil easier to extract, but in the end, the costs to extract go up and up, as profits drop when operational costs increase to extract more oil. Science can't fix the fact that more energy is needed to extract oil, nor can it ignore the fact that any energy they put into extracting more oil might be better put into directly charging batteries and be more profitable to do so. Part of the issue with technical known reserves is the cost to extract, the water use to extract, and the damage to the environment and human health from fracking. More expensive oil is not exactly going to make people want ICEs when electricity via solar and wind and EVs will be getting cheaper and cheaper. https://css.umich.edu/publications/f...uels-factsheet https://energyskeptic.com/2020/oil-d...wer-bloomberg/ Quote:
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#1683 | |||
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Senior Member
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Now, we have 2.175 trillion barrels of unconventional oil in the form of shale in a waxy substance called kerogen. It is the largest known reserves in the world, and at 100% extraction, it would last the US 300 years at 20 million barrels/day. Shale helps to stabilize oil prices, so as conventional oil reserves drop and prices naturally would increase, shale production can take over. This overall is good for the long term stabilization of the price of oil, and it is good for long term oil production for many products and industries that require oil, but shale production is necessarily more expensive than conventional oil by several factors with conventional costing about $10/barrel and unconventional costing closer to $50/barrel, as a break-even point (not including profits). That could change in the future, and I don't know if this means a gallon of gas would be five times higher if the world only had unconventional oil. If that was the case then demand would plummet, as the world would move off oil. This is the case of us not running out of oil, but running out of affordable oil, which is the same thing. Investment would drop and then supply would drop more. https://en.wikipedia.org/wiki/Oil_re..._United_States Quote:
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#1684 |
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As were some of the predictions for flying cars but I still can't get one!
I'm just saying that I believe that we have enough petroleum to get us through what will be a long transition. ICE sold in 2023 (unless requlated off the road) will still be on the road in 2043. Heck, I own two very capable vehicles that are 20 years old and show no sign of needing replacing soon. The versions sold today (a Mustang and a Suburban) would easily be running in 2043.
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Olivia 05/03/2012 - 01/06/2024. 231,146 glorious miles.
Visit my Owner's Journal where I wax philosophic on all things FR-S Post your 86 or see others in front of a(n) (in)famous landmark. What fits in your 86? Show us the "Junk In Your Trunk". |
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#1685 | ||
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Quote:
You said this previously: Quote:
At the same time, I can’t say how many times companies and individuals have run their accounts straight to zero requiring bankruptcy despite clear warnings to change their spending habits. How many millionaire athletes have burned through their cash despite having account balances and ledgers to look at? It is rather odd how denial and wishful thinking can’t stop someone from running right off a financial cliff. Seems like we could do that with oil to an extent. Procrastination and denial are natural and predictable.
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#1686 | |
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CATL launches superfast charging LFP battery Shenxing; mass production by end of year
https://www.greencarcongress.com/202...0817-catl.html Quote:
I’m also interested to know more about the superconducting compound. I don’t know if we are really talking about a room temperature superconductor, or if we are just talking something that conducts far better than average.
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#1687 | |
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The name CATL might be familiar for earlier this year when they announced a 500 Wh/kg battery:
CATL launches ultra-high energy ‘Condensed Battery’ https://www.electrive.com/2023/04/19...ensed-battery/ Quote:
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#1688 |
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Burn more gas, eat more animals and avoid vaccines.
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#1689 |
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Meow
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| The Following User Says Thank You to alex87f For This Useful Post: | Lantanafrs2 (08-19-2023) |
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#1690 |
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Avoid being french
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#1691 |
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Being French fries?
But we love French fries in America ![]()
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| The Following User Says Thank You to Irace86.2.0 For This Useful Post: | alex87f (08-20-2023) |
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#1692 |
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I couldn't agree more
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#1693 | |
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Quote:
Tesla Follows Ford To Produce LFP Batteries in the US Using CATL-Licensed LFP Chemistry https://www.autoevolution.com/news/t...ry-212727.html
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#1694 |
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I find it hilarious seeing people on this forum running decatted loud cars with low AFR tunes, big turbos, making unnecessary power numbers preaching how all of this political BS is necessary.
I'd be more open to some takes here if the hypocrisy wasn't so high. The Toyota Prius exists for almost 26 years yet some people here willingly bought a sports car (which is not a necessity) and them modded the shit out of it. Good technology does not need legislation to force people to adopt it. That's a fact. Forcing everyone to change to EVs against their will is no different then switching all straws to disgusting paper straws that ruin how your coke tastes and feels while doing jack for the environment in a measurable way. |
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