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Comment Re:Idiot (Score 1) 745

Here's an interesting article for ya. "Can the U.S. return to its long-gone throne as the world's top producer of crude oil? A Goldman Sachs report, quoted in the Sunday Times of London recently, contended that shale plays and new technologies could push total production to 10.9 million barrels per day by 2017. " http://www.tulsaworld.com/business/article.aspx?subjectid=49&articleid=20111008_49_E1_CUTLIN650117&allcom=1
Iphone

iPhone 4S Pre-Orders Sell Out 327

Perhaps to no one's surprise, the just-announced iPhone 4S has been been leaping off the shelves ... in advance of it ever hitting shelves at all. In fact, as reported by numerous sources (here's the WSJ's version), the company's pre-launch inventory has all been sold — and they only started taking the orders on Friday.

Comment Re:Idiot (Score 1) 745

ANWR is just an example, there's loads of oil all over the US and offshore which the US gov doesn't allow to be drilled.

And you can not get an accurate estimate of an oil field without actually drilling into and extracting oil from that field. So we have very little idea of how much oil is actually there in the US.

Plus, any current estimate would be with current technologies and doesn't take into account technological improvement and the inevitable increase of extractable oil over time.

Comment Re:Another way to look at it... (Score 1) 745

It's never going to be that drastic, it isn't like a tap that just turns off. There's going to be plenty of warning for peak oil, you would see oil discoveries reduce a fair bit beforehand. Besides, the US could probably afford to pay more for oil than the rest of the world, and thus have more time to adapt.

You are asking to switch to renewable sources which are not ready yet. More dams are unlikely to be built. Nuclear is unlikely due to NIMBY. Solar+wind are not capable of providing large scale power yet. Switching away from oil will therefore damage the economy and reduce quality of life overall.

Comment Re:This is a complete myth (Score 1, Insightful) 745

War is different, all sorts of things happen due to necessity during wartime. People accept all sorts of limits for the duration of a war.

"It's better to keep people poor, so they can be more environmentally friendly." Is that a fair summary of what you're trying to say ? This is generally not true poorer countries are generally not as environmentally friendly as rich ones.

It is the bigger economy, the stronger economy which is better capable of adaptation. See the difference between floods in say Katrina and floods in Pakistan. A richer country could afford to spend more on gas, and also more on alternate sources of energy, if and when peak oil occurs.

Comment Re:Reserves isn't the only reason... (Score 1) 745

Nobody's talking about repealing the Clean Air Act. There is/was a real issue with pollution, but it's possible to go too far in reducing it. The costs of any legislation also need to be taken into account.

Additionally, people can and do make that tradeoff, which is why people still work in coal mines, petrochemical factories and other polluted hazardous conditions.

Comment Re:Reserves isn't the only reason... (Score 1) 745

How would that help anything? When subsidies fall below a certain point, solar panel sales will drop. It is essentially the same as subsidizing panel purchases, but I suppose the drop will be more gradual.

Are you expecting a sudden drop in panel prices, a sudden improvement in efficiency or something like that?

Comment Re:Reserves isn't the only reason... (Score 1) 745

There are problems of course, otherwise everyone would be rushing out to buy these panels. For starters, things like cloud cover which reduce efficiency. Additional spending on things like grid-ties inverters. This is pretty informative: http://www.weatherimagery.com/blog/solar-panels-cost-effective/ A large power station has different issues, it needs a suitable sunny location, or it won't work very well on cloudy days. Even in the desert there's the occasional cloudy day, so it may not be able to provide base power, and always has to be backed up with a conventional power plant.

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