Wishful Thinking: Annual Energy Outlook 2010
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@zthustra I think you're right. I have to take a good look at the process and its alternatives. I also want to let you know that I've uploaded a new version of my Peak Oil software to my project website. You might want to take a look at it. The URL is sokath[dot]sourceforge[dot]net (replace [dot] with .)
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Another problem is the continuing growth of demand for fossil fuels.
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I guess they don't want to be too pessimistic in the current economic situation. Otherwise the market would take fright and worsen an already bad outlook.
I agree with you, it is a fantasy / overly optimistic projection of energy supply. Something I would expect from a Bush administration (with its ties to Big Oil) but not Obama. Hopefully one of the new technologies being researched will come good, maybe oil from algae, maybe thermal depolymerisation, if not nuclear.
Fingers crossed
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EIA has probably not taken into account that everything that is needed for drilling for oil is itself dependent on the price of energy. The more expencive oil is, the more expencive it will be to search for it, and therefore possibly not so profitable.
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Tinkerbell has a secret bunker full of survival items, somewhere in Montana.
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Don't you know BP hired tinkerbell a long time ago?
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The Liquids from Coal tech exists for decades now. It's called the Fischer-Tropsch process. Some Biofuels technology show promise as well.
alexanderjurjens 1 year ago
@alexanderjurjens
F-T looks ok with conversion of natural gas but might NOT be such a clean, efficient, cost-effective process for coal conversion. The places that use it do so only because they have no crude oil and some oil is better than none oil.
zthustra 1 year ago