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I would hate to see how cranky Ryan might get if he wasn't well lubed.
Don't worry - crude oil will be pumped out long after all of the easy to get oil is gone. There are uses for petroleum that have a higher economic value than burning it to propel transport. For example - those 20 syllable shampoo chemicals are made from old stegosaurus sweat.
Even when it takes more than a barrel of oil worth of energy to get a barrel of oil out of the ground, for some uses (Ryan's lube needs) it will be worth it. At least I hope so. I would hate to see how cranky Ryan might get if he wasn't well lubed.
Tank-Ridin' Ryan said:No way to replace oil? That makes me sad.
I'm sick of having to use grease to service my hubs and bottom bracket, and use chain lube to keep my drivetrain quiet and running smoothly.
If we replace oil, I'll never have to do these tasks again. My bikes will also slowly deteriorate, but I'm ok with that because I like to blame the auto industry for all of America's oil use and refuse to look at the reality that I use petroleum products too.
Dr. Doom said:Also... there really is no way to replace oil. This isn't a problem you can throw money at. The invisible hand isn't going to come up with a cheap, easily transported, easily stored, stable and extremely dense energy source just because Congress gives it an incentive to do so.
Interesting conversation here. When gas prices went up 2 summers ago people drastically reduced their driving. I know that is a simplified example, but something I think about a lot.
America uses ~21 million barrels of oil a day. There are 42 gallons in a barrel, which works out to 821 million gallons a day, or 321 billion a year. A $6/gallon tax would thus (assuming it didn't affect gas use) hoover up $2 trillion, about the same as current annual federal revenue.
Pretty sure you don't need to raise as much money as the federal government takes in every year to encourage green development, whatever that is. Just to give a sense of scale the Manhattan Project cost about $20 billion in 2010 dollars—about 1% of what a six dollar gas tax would raise in a year.
Looked at that way, agitating for a .06/gallon tax might not be a bad idea. That would fund a Manhattan Project's worth of pure energy research every year...
That's true Julie. However, it was a buck or two a gallon. What Jill is talking about here is six. 3 dollars going to 5 was doable for a lot of people, but 3 dollars to 9 or 10 would have people up in arms. And that 'people' would be everyone, because everyone would be affected.
Julie Hochstadter said:Interesting conversation here. When gas prices went up 2 summers ago people drastically reduced their driving. I know that is a simplified example, but something I think about a lot.
Precious few people ever seem to take into consideration the undeniable fact that the poor would be hit hardest by what is being proposed. Absolutely no one earning an income around or below the commonly agreed upon poverty level has the option of purchasing a new, fuel efficient hybrid that runs on unicorn farts and good intentions. Even with the most generous subsidies for the initial purchase one is left with the cost of general upkeep which for an emerging technology is astronomically high. Worst of all, it is the poor that are often reliant upon motorized transportation as a simple matter of survival. Whether it is due to physical limitations, family obligations, or work needs, they often do not have the luxury of abandoning their cars in favor of whatever "alternative" modes of transportation there may be.
Precious few people ever seem to take into consideration the undeniable fact that the poor would be hit hardest by what is being proposed. Absolutely no one earning an income around or below the commonly agreed upon poverty level has the option of purchasing a new, fuel efficient hybrid that runs on unicorn farts and good intentions. Even with the most generous subsidies for the initial purchase one is left with the cost of general upkeep which for an emerging technology is astronomically high. Worst of all, it is the poor that are often reliant upon motorized transportation as a simple matter of survival. Whether it is due to physical limitations, family obligations, or work needs, they often do not have the luxury of abandoning their cars in favor of whatever "alternative" modes of transportation there may be.
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