If results from more drilling won't help for 8 to 10 years...?

Question

Then how long is it going to take to implement all of these wonderful new alternate fuel technologies?

Answer 1

I haven't seen any hard and fast estimates on where those sources are in the pipeline.  I'd still rather explore those alternatives that will take us into the future than put all all our our investment into a dying fuel source.

Answer 2

Some are already on the road now.

Answer 3

so instead of Drill - Drill - Drill

maybe we should save some oil for our kids ?

those new alternative fuels might turn out to be horse-sh*t

then what would our grand-kids do  ??

Answer 4

Many of them are many years away, some are very close.

Answer 5

\\\If results from more drilling won't help for 8 to 10 years...?\\\

The whole oil price fiasco is artificially maintained by the oil companies and speculators that drive the price of oil through the roof. That, and the fact that the value of the dollar is dropping like a stone.

We have 10,000 drilling permits and 64,000,000 acres that big oil could develop immediately.

There are "13.4 billion, b, billion barrels known reserves underneath what was called the National Petroleum Reserve, renamed the National Petroleum Reserve of Alaska from the Naval Petroleum Reserve." http://www.wvko1580.com/forums/topic.php...

The oil companies are trying to gain access to even more land. Then they will sit on the new leases until oil hits $200 a barrel or more.

\\\Then how long is it going to take to implement all of these wonderful new alternate fuel technologies?\\\

The answer to this question is, "It doesn't matter." Whether we start reaping benifits immediately, in 5 years, or in decades, the fact of the matter is we are going to run out of oil, or poison the earth to the point of no return.

We need to immediately start a new Manhattan Project - style search for new technologies. The sooner we start, and the more effort we put into it, the sooner we can wean ourselves off fossil fuels and start cleaning up this big ball we live on.

Answer 6

I'd like someone to explain where we would be if Clinton hadn't vetoed drilling in ANWR years ago...we would have that oil NOW!

I believe they say the area affected is the equivalent to a postage stamp on a football field.  And has anyone seen the actual pictures of this place?  It's barren!!  Miles and miles of NOTHING!  It's not the beautiful mountainscapes they like to show while they talk about it.  Notice next time you see a propoganda commercial about it, they don't claim the pictures they are showing are actually ANWR...because they aren't!

Answer 7

First, it's not about that.  It's that people want to initiate drilling in other places when we're no where near fully tapping our current supplies.

Second, the cost of implementing these alternative fuel technologies is huge to start, but very low later on compared to what we have.  Sure, it might take several years to recoup the money spent, but after that the cost will be a lot lower.

Answer 8

Here is what gets me, if they had started the cotton pickin drilling 10 years ago there wouldn't be all the frickus now about it.  It is going to take a LONG time to implement alternate fuel technologies so you'd better just accept things like they are for now.  It will probably be 30 years before you see real changes.