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kallend

Energy vulnerability demonstrated

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As long as we are dependent on foreign oil, we are very vulnerable.

www.voanews.com/english/news/africa/Pirates-Seize-Oil-Tanker-with-200-Million-of-Crude-115664679.html



Since when is this new news?
I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama
BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun

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Ransom against the threat of burning it, sinking it, etc. Government and big corporations pay these guys off all the time. Nobody seems to takes it seriously around here until Americans are held hostage.
witty subliminal message
Guard your honor, let your reputation fall where it will, and outlast the bastards.
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>As long as we are dependent on foreign oil, we are very vulnerable.

Yep. And even those suppliers may be losing control:

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The US fears that Saudi Arabia, the world's largest crude oil exporter, may not have enough reserves to prevent oil prices escalating, confidential cables from its embassy in Riyadh show.

The cables, released by WikiLeaks, urge Washington to take seriously a warning from a senior Saudi government oil executive that the kingdom's crude oil reserves may have been overstated by as much as 300bn barrels – nearly 40%. ... Sadad al-Husseini, a geologist and former head of exploration at the Saudi oil monopoly Aramco, met the US consul general in Riyadh in November 2007 and told the US diplomat that Aramco's 12.5m barrel-a-day capacity needed to keep a lid on prices could not be reached.

According to the cables, which date between 2007-09, Husseini said Saudi Arabia might reach an output of 12m barrels a day in 10 years but before then – possibly as early as 2012 – global oil production would have hit its highest point. This crunch point is known as "peak oil".

Husseini said that at that point Aramco would not be able to stop the rise of global oil prices because the Saudi energy industry had overstated its recoverable reserves to spur foreign investment. He argued that Aramco had badly underestimated the time needed to bring new oil on tap.
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Those Nissan Leafs might be looking pretty good in a few years . . .

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I still don't understand why Honda took back and scrapped all those electric CRVs. I know a guy who had one and loved it, and that was tech from years ago. I have to think they could only do better today. But these smart cars and tiny little leafs hold no appeal for me in private use. I wouldn't mind it for work, but it'd never make the grade for a personally owned vehicle.
witty subliminal message
Guard your honor, let your reputation fall where it will, and outlast the bastards.
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>I still don't understand why Honda took back and scrapped all those electric CRVs.

You mean the EV Plus? Yeah, that was unfortunate. Honda started looking at what it would cost them to support them all for the next 20 years or so. Something that's both a benefit and a detriment is that those cars last forever, and Honda started figuring out how much it would cost to just maintain spares for them. Was cheaper to crush them all.

>But these smart cars and tiny little leafs hold no appeal for me in private use. I
>wouldn't mind it for work, but it'd never make the grade for a personally owned
>vehicle.

Well, there are always these options:

http://www.businesspundit.com/daimler-buys-stake-in-tesla-motors/
http://jalopnik.com/#!5755806
http://blog.cleveland.com/business/2007/09/chevrolet_charged_up_over_volt.html

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How about putting a stop to the Somali pirates, too?

Well, not us but the countries involved should.
Although Kuwait and Greece and Saudi Arabia are limited in the ability to do so.
Russia and China have a vested interest, too.
My reality and yours are quite different.
I think we're all Bozos on this bus.
Falcon5232, SCS8170, SCSA353, POPS9398, DS239

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I don't think it was Honda that scrapped their electric car, I'm pretty sure GM was the company with the notable one (as in "Who Killed the Electric Car")

Wendy P.
There is nothing more dangerous than breaking a basic safety rule and getting away with it. It removes fear of the consequences and builds false confidence. (tbrown)

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