You Folks Deserve to Pay an Arm & Leg for Gasoline !
About: george f. will - the gas prices we deserve - washingtonpost.com


Drilling is underway 60 miles off Florida. The drilling is being done by China, in cooperation with Cuba, which is drilling closer to South Florida than U.S. companies are.

Some energy policy:
America says to foreign producers: We prefer not to pump our oil, so please pump more of yours, thereby lowering its value, for our benefit. Let it not be said that America has no energy policy.

Tags
- gasoline
- oil
- prices
Comments


A few words and a few pictures says it all!





There are still no electric or solar jets.


There are still no electric or solar jets.


It might be interesting to have a spreadsheet listing all the various kinds of energy investments (offshore drilling, Alaska, coal, together with the alternatives wind, solar, etc) and how they translate into barrels of oil and what the Roi would be for each project. I don't see why a crash building program of alternatives would not necessarily be just as profitable and pay off just as fast as the drilling projects. Until we see all these projects, honestly estimated to the best knowledge of the people actually involved in them, we will not know. Until then the only info we are getting is just partisan posturing.

Oil companies are sitting on 68 million acres of public lands
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Which lands are producing & not?
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Why are some lands not producing?
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What is the difference in the cost of exploring on leased lands vs those where we may know that there is oil?
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Why are the oil companies not drilling if there is oil on these lands.
Slate has an interesting article on some of this with links to land leases & non-producing. While it may be an industry secret what the business model looks like for new oil exploration & pumping costs from one site to another it would be worth while digging it out.
As far as your alternatives go, consider first that the oil infrastructure is extensive & the others are not (including solar & electric automobiles). There are still no electric or solar jets.
The other questions that should be answered are:
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What are the time to market considerations for each alternative including infrastructure?
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What %% of the current oil/coal energy market will these alternatives take over?
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How much will a particular alternative produce relative to oil energy. What is the ROI?
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How soon can it come online (includes infrastructure)
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Another thing that is often ignored on the science channel is does a particular alternative take more energy to produce less energy - like algae (so far).
Before oil & coal get killed off we had better keep the economy, science & manufacturing sectors in good health to develop the alternatives.

-
How much will a particular alternative produce relative to oil energy. What is the ROI?
-
How soon can it come online (includes infrastructure)
-
Another thing that is often ignored on the science channel is does a particular alternative take more energy to produce less energy - like algae (so far).
Before oil & coal get killed off we had better keep the economy, science & manufacturing sectors in good health to develop the alternatives.
take more energy to produce less energy - like algae
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