Fracking to lead to a new golden age?

[DaneMcCloud]

Originally Posted by Donger

I must admit, you are confusing the hell out of me right now, Dane. I wasn't being political at all if that is what you are saying.

I'm not saying that you're being political. I'm saying that the masses are constantly fooled into believing that the POTUS somehow has an affect on gasoline and oil prices.

If public lands were to be opened up to oil companies and production were increased, there is absolutely no guarantee that prices at the pump would be considerably reduced, nor are there any guarantees that the oil extracted from public land would be available exclusively to Americans.

That's the dirty secret.

Cold fusion is the answer. Until then, nuclear fission plants should be everywhere.

[patteeu]

Originally Posted by DaneMcCloud

I'm not saying that you're being political. I'm saying that the masses are constantly fooled into believing that the POTUS somehow has an affect on gasoline and oil prices.

If public lands were to be opened up to oil companies and production were increased, there is absolutely no guarantee that prices at the pump would be considerably reduced, nor are there any guarantees that the oil extracted from public land would be available exclusively to Americans.

That's the dirty secret.

Cold fusion is the answer. Until then, nuclear fission plants should be everywhere.

There are never any guarantees, but it's highly likely that opening public land up for drilling would expand supply and Econ 101 says that would put downward pressure on prices.

Whether the oil was consumed domestically isn't very relevant.

[DaneMcCloud]

Originally Posted by patteeu

There are never any guarantees, but it's highly likely that opening public land up for drilling would expand supply and Econ 101 says that would put downward pressure on prices.

Whether the oil was consumed domestically isn't very relevant.

There is no way you can guarantee that prices would fall and it's most particularly relevant that it would be used state side.

[patteeu]

Originally Posted by DaneMcCloud

There is no way you can guarantee that prices would fall and it's most particularly relevant that it would be used state side.

You keep hiding behind the absolutist language of a guarantee.

Where that specific oil ends up being consumed doesn't matter as long as it expands the supply in the global market.

[prhom]

Originally Posted by DaneMcCloud

There is no way you can guarantee that prices would fall and it's most particularly relevant that it would be used state side.

It seems to me that whether it is used domestically, or internationally is irrelevant. It's all about the net import or export when measuring trade deficits, and that's a pretty important factor as well. If we can make more money by exporting our oil than we can by using it domestically, then why not export it? That situation implies that the oil we are exporting is worth more than the oil we are importing. If that is true, why wouldn't we sell oil for more than we spend to buy it?

[AustinChief]

Originally Posted by DaneMcCloud

Cold fusion is the answer. Until then, nuclear fission plants should be everywhere.

Fixed. "Cold" fusion is currently a complete fantasy... "HOT" fusion on the other hand is very real and nearing a level where we can produce substantial energy yields.

Magnetized Liner Inertial Fusion is currently the most exciting. We'll know by this time next year if the theories regarding it are viable. In theory, a MagLIF reactor could produce a 1000x return on energy expended. Combine this with the massive tech leaps we are starting to make in energy storage and you really WILL have a new golden age. It's criminal how little we spend on this research. I can't imagine any single thing that is more important to our national security.

[DaneMcCloud]

Originally Posted by AustinChief

Fixed. "Cold" fusion is currently a complete fantasy... "HOT" fusion on the other hand is very real and nearing a level where we can produce substantial energy yields.

Magnetized Liner Inertial Fusion is currently the most exciting. We'll know by this time next year if the theories regarding it are viable. In theory, a MagLIF reactor could produce a 1000x return on energy expended. Combine this with the massive tech leaps we are starting to make in energy storage and you really WILL have a new golden age. It's criminal how little we spend on this research. I can't imagine any single thing that is more important to our national security.

Whoa.

You're talking Fusion. Fusion is this close? If Fusion were to be realized, not only would the world's energy problems be solved in less than a decade after implementation, all transportation would almost immediately be converted to electric and for the most part, the world would be free of human pollution.

Also, that energy source would be used to power starships and the push toward the speed of light could begin.

It's seriously that close? I've never heard that before.

[Donger]

Originally Posted by AustinChief

Fixed. "Cold" fusion is currently a complete fantasy... "HOT" fusion on the other hand is very real and nearing a level where we can produce substantial energy yields.

Magnetized Liner Inertial Fusion is currently the most exciting. We'll know by this time next year if the theories regarding it are viable. In theory, a MagLIF reactor could produce a 1000x return on energy expended. Combine this with the massive tech leaps we are starting to make in energy storage and you really WILL have a new golden age. It's criminal how little we spend on this research. I can't imagine any single thing that is more important to our national security.

Oh stop it.

[cdcox]

Originally Posted by Donger

Oh stop it.

Fussion -- always 50 years around the corner.

[Saul Good]

Originally Posted by DaneMcCloud

I'm not saying that you're being political. I'm saying that the masses are constantly fooled into believing that the POTUS somehow has an affect on gasoline and oil prices.

If public lands were to be opened up to oil companies and production were increased, there is absolutely no guarantee that prices at the pump would be considerably reduced, nor are there any guarantees that the oil extracted from public land would be available exclusively to Americans.

That's the dirty secret.

Cold fusion is the answer. Until then, nuclear fission plants should be everywhere.

Harnessing unicorn farts is the answer.

[Donger]

Originally Posted by DaneMcCloud

I'm not saying that you're being political. I'm saying that the masses are constantly fooled into believing that the POTUS somehow has an affect on gasoline and oil prices.

If public lands were to be opened up to oil companies and production were increased, there is absolutely no guarantee that prices at the pump would be considerably reduced, nor are there any guarantees that the oil extracted from public land would be available exclusively to Americans.

That's the dirty secret.

Okay.

Originally Posted by DaneMcCloud

Cold fusion is the answer. Until then, nuclear fission plants should be everywhere.

Nuclear power works for me, but even then, it would be a massive and costly conversion from fossil fuel vehicle power to EV.