Oil headed for 70 bucks s barrel. Here we go.

monkey44 wrote:
We will always remain "in transit" from horse and buggy, sailing, steam engines, oil and gas power, water generated, battery, wind, solar. We'll always live in a world that contains all or some or a combination of sources until we find 'The One' renewable power source that meets every need, if ever.

Look around us and see the variety of old and new power sources we use today, and for different or even the same applications. No source goes away, we just adapt it into a combination or best apply the source to the individual need.

We use petroleum and its byproducts in many applications that have nothing to do with power generation, plastics for example. That will remain applicable until we invent something different - wood in building evolved into composites, as did metal into composites - each of a different chemical or structural component, that either makes it rot resistant, or stronger or degradable depending on the industry or personal requirements.

Well stated. Petroleum is a valuable resource. We really need to work towards not burning it.

We will always remain "in transit" from horse and buggy, sailing, steam engines, oil and gas power, water generated, battery, wind, solar. We'll always live in a world that contains all or some or a combination of sources until we find 'The One' renewable power source that meets every need, if ever.

Look around us and see the variety of old and new power sources we use today, and for different or even the same applications. No source goes away, we just adapt it into a combination or best apply the source to the individual need.

We use petroleum and its byproducts in many applications that have nothing to do with power generation, plastics for example. That will remain applicable until we invent something different - wood in building evolved into composites, as did metal into composites - each of a different chemical or structural component, that either makes it rot resistant, or stronger or degradable depending on the industry or personal requirements.

Oil goes up and down every say of the week.

2oldman wrote:

Yosemite Sam1 wrote:
And it doesn't make sense for us to still be guarding that oil shipping lanes and exposing our young men and women in harms way when all they while the administration is crowing about our oil and gas self-sufficiency.

x2

A little googling on the outlook for shale oil might explain things a bit. Not good.

https://www.google.ca/amp/s/www.businesslive.co.za/amp/bd/markets/2020-01-02-us-shale-oil-running-out-of-steam/

Yosemite Sam1 wrote:
And it doesn't make sense for us to still be guarding that oil shipping lanes and exposing our young men and women in harms way when all they while the administration is crowing about our oil and gas self-sufficiency.

x2

ford truck guy wrote:
we cannot sit back worried about oil prices while American lives were at risk... We are better off now then we have been in a long time with our oil, that should not make our decisions for us.

And it doesn't make sense for us to still be guarding that oil shipping lanes and exposing our young men and women in harms way when all they while the administration is crowing about our oil and gas self-sufficiency.

A really good way to put a severe hamper on terrorism is to buy Zero oil from mid-east countries.

we cannot sit back worried about oil prices while American lives were at risk... We are better off now then we have been in a long time with our oil, that should not make our decisions for us.

what we need is a good, old-fashioned WAR to bring this country together - NOT!

2oldman wrote:

GDS-3950BH wrote:
you'll not see the end of oil and gas nor will your grandchildren.

Nobody's predicting the *end*, just a whole lot less reliance.

Anyone scaring someone here with the "end" times? Anybody? Buller is that you?:h:E

Or someone must be hearing voices.:B