Tuesday, March 15, 2005
OIL
Oil sucks ass. But it drives the economy. Why do we use oil when there are renewable alternatives? For the simple 3fold reason that a) oil was and to a lesser degree still is the low hanging fruit of energy resources (you could say coal is but its got a lot more disadvantages), b) oil is what we've alwaysused -- why change now? and c) Capitalism likes oil for reasons a and b and that makes it hard to change. (Those with the money dont want to risk it on something thats less of a sure thing).
What is changing is that oil is becoming harder to get at a good price, and the price of the alternatives is going down. Boidiesel is the perfect switchover alternative since it can be used in any diesel engine, and when biodiesel can be sold for the same price as regular petrol it will give the capitalists a real reason to change what they put their money behind. Of course if it werent for capitalism and its way of looking at things, we could have moved on already and made a big thrust into alternatives.
Oh yeah, btw, oils been up lately, which I see as a good thing. $54.72 a barrel at 10:01 a.m today in NYC. Down from yesterday but still flirting with alltime highs.
What is changing is that oil is becoming harder to get at a good price, and the price of the alternatives is going down. Boidiesel is the perfect switchover alternative since it can be used in any diesel engine, and when biodiesel can be sold for the same price as regular petrol it will give the capitalists a real reason to change what they put their money behind. Of course if it werent for capitalism and its way of looking at things, we could have moved on already and made a big thrust into alternatives.
Oh yeah, btw, oils been up lately, which I see as a good thing. $54.72 a barrel at 10:01 a.m today in NYC. Down from yesterday but still flirting with alltime highs.
# posted by DeeLoaf @ 10:30 AM 
