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-- Exxon Posts Record Annual Profit
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Originally posted by Ivand its a product with a lot of demand, making its price high, i dont see the problem there

the problem is you clearly lack understanding on how the price of crude is set.

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Originally posted by montie seriously though its pretty fucked up. Imagine if all that money that the oil companies made was reinvested into developing alternative energy. Hell it sounds counter productive, but the oil is going to run out sometime, so might as well use that money to make sure your company is ontop of whatever the new forms of energy are and also to use that money to help push out and kill rival oil companies so the new forms of earth friendly renewable energy would be the primary one used. (I sound sorta like a utopian hippie )

They are. Why do you think it's taking so long for alternative fuels to develop? It's because the big oil companies are getting ready to create a lucrative market for it, just like oil. Monopolizing, my friend.

i'll give you one guess as to why fuel economy standards in the united states have remained flat and the worst in the world throughout the past and into the forseeable future... rhymes with boil mindustry.

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Originally posted by lex400sc i'll give you one guess as to why fuel economy standards in the united states have remained flat and the worst in the world throughout the past and into the forseeable future... rhymes with boil mindustry.

What exactly does "Auto Fuel Economy Standards" mean?

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Originally posted by Sunsnail What exactly does "Auto Fuel Economy Standards" mean?

Average MPG. How much fuel you consume every mile.

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Originally posted by Sunsnail What exactly does "Auto Fuel Economy Standards" mean?

minimum standards required by gov for automakers to make their passenger car fuel economy. things like the hummer h2 are exempt of course because they weigh 8000 pounds and are considered 'industrial equipment' so soccer moms and small-dick losers are allowed to drive them around with their 8mpg rating.

Not going to read whole thread right now because I have to get ripped/head to class - but honestly, no news could have possibly irritated me more.

Furthermore, CNN reported it today as if it was something we should all be celebrating.

Fuck the lot of them.

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Originally posted by lex400sc minimum standards required by gov for automakers to make their passenger car fuel economy. things like the hummer h2 are exempt of course because they weigh 8000 pounds and are considered 'industrial equipment' so soccer moms and small-dick losers are allowed to drive them around with their 8mpg rating.

Ah ok.

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Originally posted by Marc Summers Average MPG. How much fuel you consume every mile.

WRONG.

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Originally posted by RJT Not going to read whole thread right now because I have to get ripped/head to class - but honestly, no news could have possibly irritated me more. Furthermore, CNN reported it today as if it was something we should all be celebrating. Fuck the lot of them. I'm well brewin'!

fixed.

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Originally posted by l�cid fixed.

You have no idea. I wanted to use that phrase badly in that post - but I'm afraid if I co-opt brewin' for myself here on TA, the inevitable comparisons between myself and Michael will fly again.

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Originally posted by Sunsnail WRONG.

It was a nice guess.

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Originally posted by Marc Summers They are. Why do you think it's taking so long for alternative fuels to develop? It's because the big oil companies are getting ready to create a lucrative market for it, just like oil. Monopolizing, my friend.

Oh I know. Who do you think is lobbying the government to do nothing about global warming?
I was just trying to say the oil companies should invest their money into alternative fuels. Say if I owned an oil company, I'd invest a shitload of money developing a sustainable clean new energy system, then also use my money to squash the other oil companies who would still be pushing oil (which would also be running out)
Ah but thats just a pipe dream

EU is also paying like $7 per gallon, and some countries (not sure if all) pay taxes on their cars, as well as taxes on just using them on a roadway.

*This might be really simplified from what it actually is, but this is how I understand it to be.

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Originally posted by montie Oh I know. Who do you think is lobbying the government to do nothing about global warming? I was just trying to say the oil companies should invest their money into alternative fuels. Say if I owned an oil company, I'd invest a shitload of money developing a sustainable clean new energy system, then also use my money to squash the other oil companies who would still be pushing oil (which would also be running out) Ah but thats just a pipe dream

Yeah, I get ya. Alternative fuels will be nice. Hydrogen is really promising because it uses ion exchange, which is kick ass.

Another thing, Im not against companies and corporations making money, but as long as its not at our expense to the point where purchasing such commodoty becomes a burden on the wallet in an economy that is struggling at it is.

This is quite a hyppocritical statement on my part because I want to go into the medical field where prices of services rendered tend to be enormous, but I dont set the rates - speaking for myself, Id give to charity & Id even travel to underpriveledged areas and work for charity to help people out. I just feel like if you have the ability to give back, you should.

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Originally posted by Marc Summers Yeah, I get ya. Alternative fuels will be nice. Hydrogen is really promising because it uses ion exchange, which is kick ass.

The problem with that is the energy required to break the bonds to create more energy is so immense, that it reaches temperatures higher than that of the sun. (Discussed this topic in my G-Chem class )

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Originally posted by Marc Summers Yeah, I get ya. Alternative fuels will be nice. Hydrogen is really promising because it uses ion exchange, which is kick ass.

Yeah and the "waste" is water. So that'd be pretty nice. One big problem though is it takes alot of energy to produce pure hydrogen. I read somewhere though that BMW is planning on rolling out a hyrdogen fuel cell hybrid around 2008-2009. Dunno how accurate that is though

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Originally posted by Vlad The problem with that is the energy required to break the bonds to create more energy is so immense, that it reaches temperatures higher than that of the sun. (Discussed this topic in my G-Chem class )

Are you sure? I think your talking about fusion power.

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Originally posted by montie Are you sure? I think your talking about fusion power.

Yea, I just went back and looked... it was fusion of Deuterium.

fusion doesn't break bonds, that's fission. fusion 'fuses' them together if we're talking about power grids, we already have the technology to run the entire country on carbon-free sources. a solar photovoltaic grid 10,000 sq mi in the arizona desert can run the power requirements of the entire united states yearround. so can a wind turbine farm across all of north and south dakota. yet in texas they are still building coal-burning power plants today. most people don't realize just how little sunlight is required to run solar power. the most successful solar power program in the world is in germany... a country that receives less sunlight every year than seattle. and the united states is the most wind-rich nation in the world.

This thread belongs to teh PDD.

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Originally posted by montie Are you sure? I think your talking about fusion power.

Fusion means to put things together, so I don't it would describe a process of breaking atoms apart.

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Originally posted by Vlad EU is also paying like $7 per gallon, and some countries (not sure if all) pay taxes on their cars, as well as taxes on just using them on a roadway. *This might be really simplified from what it actually is, but this is how I understand it to be.

Gas is that expensive because it is taxed that much. Gas taxes pay for welfare.

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Originally posted by lex400sc the ceo of exxon even looks like a bloated fatcat who draws champagne baths...

That's not Rex Tillerson.

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Originally posted by lex400sc fusion doesn't break bonds, that's fission. fusion 'fuses' them together if we're talking about power grids, we already have the technology to run the entire country on carbon-free sources. a solar photovoltaic grid 10,000 sq mi in the arizona desert can run the power requirements of the entire united states yearround. so can a wind turbine farm across all of north and south dakota. yet in texas they are still building coal-burning power plants today. most people don't realize just how little sunlight is required to run solar power. the most successful solar power program in the world is in germany... a country that receives less sunlight every year than seattle. and the united states is the most wind-rich nation in the world.

Yeah it pisses me off so much how we are so dependant on coal power. Its an antiquated power source and it puts massive amounts of CO2 into the atmosphere which contributes to global warming. It would be great if we could use solar power and wind power, and I would prefer that, but I would be alot happier if we could atleast use more nuclear power over coal power. Its much cleaner and provides more energy. People are just scared, although it is perfectly safe when properly maintained. But we have soooooooooo much coal and the coal companies (and railroad companies) are blocking anything from happening. Also I think the economy of states like west virginia, oregon and wyoming are completly dependant on coal (I could be wrong though).

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Originally posted by Sunsnail Fusion means to put things together, so I don't it would describe a process of breaking atoms apart.

Yeah I know that, but he mentioned using temps "hotter" than the sun and thats why I thought he was talking about fusion power.
(actually you just need temps as hot as the sun because the sun is a huge fusion "power plant")

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