Oil needs competition right? How will prices ever come down without competition?

Question

Think about it. Many people are complaining about higher oil prices but nothing but battery/gas hybrids seem to be the answer. Heck, in a few more weeks those Hybrids will be paying what I pay now.

HYDROGEN IS THE ANSWER. Those that think this is impossible should look into NANOTECHNOLOGY a little more.

Imagine looking up one day and reading: Unleaded $5.06/gallon; the other reads: Hydrogen 0.75/gallon. If you were driving by that every day which one would you choose?

Only the market can make this a reality. Not government.

Check out the links below.

This one is what can happen with our own vehicles via Nanotech:

http://www.electronickits.com/kit/complete/solar/hracerfuelcellcarkit.htm

These next three are samples of the nanotech progress:

http://blogs.zdnet.com/emergingtech/?p=847

http://nanotechwire.com/news.asp?nid=4608&ntid=120&pg=2

http://nanotechwire.com/news.asp?nid=5791&ntid=120&pg=1

Lastly, we have the cars:

Just type in Honda, Chevy, toyota, etc with hydrogen in Googl

Answer 1

Growing algae to get algaeoil from which biodiesel is made will be the way the USA moves forward for it's future diesel motor fuel needs. Algae grows more biomass faster than any other plant species. Because it is a single-celled plant, all it needs besides water & sunlight are a few nutrient salts to double their mass multiple times per day. That doesn't sound like much. Until you realize that if you start with just one, and double it twenty one times, your result is over a million. That could be pounds, or kilos, or barrels of fuel, the units of measurement are irrelevant. They are determined by the scale the production is built on. It pays to think BIG.

Using food crops or croplands to produce transportation energy isn't just unwise, it's flat feeble-minded. Farming

crops for transportation will only speed up the rate at which the rain forests are being decimated in South America, cause farmers to not allow their fields to rest for one season out of how many for short term gain, the chance that there would be a "transportation induced famine" somewhere on Earth goes to 100%. There is no excuse for using food  for transportation when anyone is hungry anywhere.

For the USA, I believe algae can make us OPECker-free! I'm working with the Virgin Green Fund to prove it.

Answer 2

Sorry, but hydrogen production isn't that efficient right now.

Electric vehicles are the best current alternative. Watch the documentary "Who Killed the Electric Car?".  Coupled with a growth in solar power, electric vehicles could represent the largest drop in CO2 emissions in ages (enough to make a real environmental impact). Since the documentary was made, GM has done a 180 on it's program and is preparing to release the Volt. A car that is primarily electric with an E85 internal combustion engine for secondary power ( the opposite of current hybrids). Also, check out http://www.teslamotors.com/  that is one bad car (the price tag is high, but it is pretty awesome nonetheless)

Also, don't discount the impact of a shift to E85. No, it's not as powerful as pure gas, but if a vehicle is tuned for E85 (timing and compression) then it's a pretty good alternative. And after the alcohol is reaped from the corn, the mash is dried and used as animal feed, so there isn't a significant impact to the food cycle.

Carbon nano-tubes are going to be critical in the advancement of capacitors. If things work out, capacitors may replace batteries.

Answer 3

It will be years before alternate fuels compete with oil.

Answer 4

A NEW SOURCE