Igor Delovski Board

[Fobia]

"Not that I'm an oil expert, but in 1966 through 1968 I was hired as an
apprentice by Standard Oil of California, where I learned a lot about oil and
the oil industry. Although I did see oil prices slide back down in the 1970s,
this time, I believe they will go higher, not lower. I wouldn't be surprised if
we soon see oil at over $100 a barrel and gasoline at $5 to $12 a gallon at
the pump."

Yahoo Finance: The Coming Oil Crisis

[delovski]

Ethanol war brewing

"Everywhere you look these days, tech and business world luminaries -
like Richard Branson, Paul Allen, Steve Case, Vinod Khosla, John Doerr,
and Bill Gates - are laying down big bets on ethanol, a substitute for
gasoline that's already finding its way into pumps. The price of the stuff has
shot up 65 percent since May from $2.65 a gallon to $4.50, largely thanks
to the oil companies who have started to put small quantities of it in our
gas as a clean-air additive (most cars can handle a blend of up to 10
percent ethanol in their tanks)."

Gazprom warns of danger of new gas supply crisis in Europe

"A top official of Russian gas giant Gazprom has warned that Europe
could see renewed disruptions in its gas supplies because of a bitter pricing
dispute between Gazprom and Ukraine but said the company expects to
see Asia-Pacific region, including India and China, to produce the biggest
growth in demand. Alexander Medvedev, head of Gazprom's gazexport
unit, told a magazine that the current situation was "worrying", with the
danger that the Ukraine may "not be in a position to fulfill its delivery
contracts". The interview was scheduled to be published on tomorrow, but
released in advance. While stressing that Gazprom could supply Europe
and seek new markets, Madvedev noted that Asian countries China, India
and South Korea were the top target for the state-owned gas giant."

All that and more at: FUTURE CRISIS HEADLINES

[Ike]

WSJ - Opinion Journal: Get Your Priorities Right - A rationalist crusader
does the math on global warming

"But remember that this past century sea levels rose between one-third and
a full foot. And if you ask old people today what the most important things
were that happened in the 20th century, do you think they are going to say:
'Two world wars, the internal combustion engine, the IT revolution . . . and
sea levels rose'? It's not to say it isn't a problem. But we fix these poblems."

[Mujo]

rec.arts.sf.fandom - Who Killed the Electric Car

"He said the car was a dream to drive, if you didn't mind being stranded
between Bakersfield and Barstow on a hot July afternoon when a battery
blew up from the combined heat of the day and the current draw."

[XNote]

minutes of work necessary for the avg worker to buy gas

[delovski]

Tesla Car

"Tesla Motors unveiled their uber-chic Roadster, a powerful electric
vehicle that looks, feels and drives like many other high-end sports cars
Wednesday night. The main difference is the noise. Powered by a 3-phase,
4-pole AC induction motor, the Roadster can go 130 mph and does 0-60 in
about 4 seconds, all completely silent."

[Marko]

Cool car!

[M]

http://seattletimes.nwsource.com/html/nationworld/2003195206_triboil13.html

[XNote]

Irish Company Claims Free Energy

"An Irish company has thrown down the gauntlet to the worldwide
scientific community to test a technology it has developed that it claims
produces free energy. The company, Steorn, says its discovery is based
on the interaction of magnetic fields and allows the production of clean,
free and constant energy — a concept that challenges one of the basic
rules of physics."

[delovski]

>> Tesla car...

Tesla Motors Blog: The Future of Cars is Electric

"They compared the cost of a cross-country drive for each of the cars,
all of similar size. The benchmark drive cost is $212 in a Honda Civic. The
VW Diesel Golf came close at $230. E85 ethanol (85% ethanol, 15%
gasoline) came in at $425; methanol cost $619; the hydrogen fuel cell
drive cost a whopping $804! Compressed Natural Gas looked pretty good
at $110. And the electric car? $60. And the article wasn’t even about
electric cars…"

[Ike]

Recession will be nasty and deep, economist Roubini says

"This is the tipping point for the U.S. consumer and the effects will be
ugly," he said. "Expect the great recession of 2007 to be much nastier,
deeper and more protracted than the 2001 recession."

US Housing Crash Continues: San Francisco Bay Area Hit Hard

"If you want to buy, look around and see that house prices are falling.
Why hurry to buy now? Save your cash and buy for much less in the future.
Find a nice cheap rental, sit back, and enjoy the show till then."

[Mike]

National: The World at $100 A Barrel

"Europeans, with well-connected rail systems already in place, could still
boogey around the continent, but for practical time constraints, they would
avoid current popular destinations like Majorca, Sicily, Cyprus and the
Greek islands."

"The costs of plastics would shoot up. Everything from textiles to
Tupperware would become dear. Traditional materials like wood, paper and
leather would make startling comebacks producing a boom in one sector
while creating a decline in the plastics industry."

[Guest]

Genius invents hotter than sun torch powered by WATER: Video (vwho.net)

People have still trouble believing him what he uses for a fuel!

[Ike]

BMW officially announces the BMW Hydrogen 7

"The car is touted as the first hydrogen-drive luxury performance
automobile for everyday use. The BMW Hydrogen 7 will be built in a
limited series, and sold to select customers in the U.S. and overseas in
2007. The engine in the Hydrogen 7, a derivative of the 7 series 12
cylinder engine, is capable of running on gasoline or hydrogen, and
produces 260 hp. The car will accelerate from 0 to 62.1 mpg in 9.5
seconds. The ability to run on both gasoline and hydrogen gives the
Hydrogen 7 a range of more than 400 miles."

[delovski]

Slashdot: 500 Miles on a 5-Minute Recharge?

"In the wake of rising gasoline costs there have been plenty of
alternatives seen on the horizon. Including Hybrids, Biofuels, fuel cells and
battery powered all electric cars. CNN has recently posted a story about a
company (EEStor) that plans on offering UltraCapacitor storage products.
The claim being that you charge the ultracapacitor in 5 minutes, with
approximately $9 of electricity and then drive 500 miles."

[XNote]

Why gas prices dropped

"By late summer, hedge funds and other investors had poured billions
into long positions in oil, gasoline, natural gas and the rest of what traders
call the "energy complex," all betting on a replay of the severe 2005
hurricane season that sent prices soaring in the wake of Katrina and Rita.
But one day after oil reached a monthly high of $76.98 a barrel on Aug.
7, government meteorologists downgraded their hurricane forecast and
cautioned that a repeat of 2005 was "unlikely."

That announcement, combined with the end of the summer driving season
and a recalibration of the Goldman Sachs (Charts) commodity index that
reduced the weighting of gasoline, prompted speculators to head for the
exits even faster than they'd piled in."

[XNote]

Slashdot: Report Blasts "Peak Oil" Theory

"Today, the Cambridge Energy Research Associates released a report
dismissing the Peak Oil theory, suggesting that world oil production will
continue to increase for the next 24 years, and then only level into a
plateau. The report, which suggests that world reserves are enough to
last 122 years at our current rate of consumption, also blasts Peak Oil
theorists for repeatedly making unscientific predictions and then shifting
them whenever their predictions fail to materialize."

[XNote]

Gas prices from around the world

Gasoline prices in the United States, which have recently hit record
highs, are actually much lower than in many countries. Drivers in some
European cities, like Amsterdam and Oslo, are paying nearly 3 times
more than those in the U.S.

Italy Milan $5.96
United Kingdom London $5.79
Croatia Zagreb $4.81
Japan Tokyo $4.24
Venezuela Caracas $0.12

[delovski]

Digg: Perfect Electric Car: Charges in 10 MINUTES, 250-Mile Range!

"The 100% electric Phoenix sport-utility truck holds five passengers,
has plenty of cargo space, does 95mph, 0-60 in under 10 seconds, and
charges to 95% full in under 10 minutes. And it's not even ugly."

[delovski]

Countdown to $200 oil: $140 oil and speculation

"Nope, it is just too convenient, too irresistible and, let's say it, too comfor-
table an excuse that speculators are to blame. It's not our fault, we have
our scapegoat. Our price increases are temporary, we'll soon be back to
"normal" lower prices, as soon as (take your pick) speculators have been
punished/oil companies are taxed for their profiteering/"fundamentals" are
left to set prices.

This is just denial."

[XNote]

reddit - Understanding Oil Prices

"However, no one can be sure when the Asian economies will begin their
recovery and, therefore, when demand for oil will pick up. As soon as
speculators are convinced that Asian demand will rise, they will bid prices
up sharply again. But the initial rise will be followed by a gradual fall in oil
prices for two reasons."

[Ike]

washingtonpost.com - This Time, It's Different

"Just two decades ago, the world could pump 15 percent more oil than it
needed. Today, that spare production capacity has practically vanished --
it's now about 2 percent beyond the world's total daily consumption of 85.5
million barrels. That makes the market very sensitive to rumors about
anything that might endanger existing production."

[XNote]

cboard - What about the oil crisis?

"This is funny. Not two months ago the world was running out of oil and if
we did not stop what we were doing and make a complete reversal of our
oil economy we were doomed."

[XNote]

The Oil Drum - The Next Five Years: Peak Lite and the Current Oil Picture

"Plan ahead and don't get caught off-guard like so many did last summer. It
is only a matter of time before history repeats itself. Here's hoping our politi-
cal leaders make policy decisions that won't worsen the impact."

[delovski]

reddit - Oil falls below $80 a barrel: Gas prices could hit $2.50
a gallon by November, analyst predicts

"This is the oil cartel trying to get our focus off of renewable sources.
When gas is cheap we don't look for alternatives. The sad thing is that
it will work."