Opec cut's production
Post Fiend
Joined: Oct 2005
Posts: 10,626
Likes: 7
From: Plano TX and Brentwood TN
Obsolutely true. Reason why I threw that out there is because there are alot of people that toss around building nuke plants like you just say it and they spring up out of nowhere. Alot of peole just don't know what goes into the process particularly when our country hasn't been cranking out nuke plants in great quantity.
Lead Driver
Joined: Jan 2006
Posts: 6,267
Likes: 5
Thats why oil from algae is so awesome, it has a much smaller footprint.
It can also be used for directly cleaning emissions from pollution from coal burning power plants, etc.
Senior User
Joined: May 2008
Posts: 233
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Well the scuttlebutt a week or so ago was that OPEC would "defend" at about $90. This seems to be the current break-even point wher alternative energy development ceases.. Kind of short sighted...Join Pickens! Drill as a bridge until alternative technologies put the "oil producing countries" back in the stone age.
Post Fiend
Joined: Oct 2005
Posts: 10,626
Likes: 7
From: Plano TX and Brentwood TN
Everyone has to keep in mind that once all the economies come back "online", oil is going to go back up and although we might not be at the same point that we were in in July, it will be higher, possibly well over that 100 a barrel mark.
I am hoping that the die is cast and that people will realize that we need alternatives(something though that does not include using our drinking water as an input(such as electric cars if that electricity comes from hydropower)). Now how long that transition takes place I don't know(hopefully not too long) but that will depend on how fast technology advances and how cheap these alternatives are(initially they won't be, but that is the case with everything(remember when VCRs used to cost up to 1k depending on what you got? or computers that were an arm and a leg?)).
Senior User
Joined: Jul 2004
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From: W. Philly Burbs
If you can find that I would like to look at that. The problem that keeps nagging me that keeps me from accepting this premise is that it goes against everything that was setup in the Farm Bill since the '30s. Which was to make sure that we overproduced our ag. commodities and since the vast improvements in technology have been making that easier and easier to do. However, it still could be possible particularly with a very growing population in Asia.
Heres a table from the USDA, theres probably more on their website.
U.S. durum wheat imports: Grain, flour, and products - USDA/ERS
Post Fiend
Joined: Oct 2005
Posts: 10,626
Likes: 7
From: Plano TX and Brentwood TN
Heres a table from the USDA, theres probably more on their website.
U.S. durum wheat imports: Grain, flour, and products - USDA/ERS
U.S. durum wheat imports: Grain, flour, and products - USDA/ERS
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