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The Water Cooler
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Wow, have you seen the Price of corn!!!
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<blockquote data-quote="Shadowrider" data-source="post: 1844332" data-attributes="member: 3099"><p>$1.39 gal/equiv is too expensive? Or the outlay for the infrastructure? </p><p></p><p>BTW, I agree with you that the .gov shouldn't be doing anything of this sort with our tax dollars. I'm all the way in the let the market decide camp. But if they are wasting tax dollars anyway, well this isn't exactly a waste IMO.</p><p></p><p>I'll let everyone in on a little secret. I work in the energy industry and I can say this with pretty much a certainty. Horizontal drilling and hydraulic fracturing have completely and totally changed the game. 10 years from now there will be no reason what-so-ever for us to import a single drop of oil from anyone. Not the Mideast, not Venezuela, not Mexico, Not Canada, no one. Heck, there is no compelling need right now for us to be blending ethanol in our fuel when viewed in the context of our supply. We can cut our gasoline/diesel usage drastically by switching over to CNG/LNG for the vast majority of heavy hauling and general transportation. We could have $1.75 gasoline in 5 years very easily. We could be <strong><em>EXPORTING</em></strong> crude in 10, maybe less. The one and only thing stopping this from happening is the federal government.</p></blockquote><p></p>
[QUOTE="Shadowrider, post: 1844332, member: 3099"] $1.39 gal/equiv is too expensive? Or the outlay for the infrastructure? BTW, I agree with you that the .gov shouldn't be doing anything of this sort with our tax dollars. I'm all the way in the let the market decide camp. But if they are wasting tax dollars anyway, well this isn't exactly a waste IMO. I'll let everyone in on a little secret. I work in the energy industry and I can say this with pretty much a certainty. Horizontal drilling and hydraulic fracturing have completely and totally changed the game. 10 years from now there will be no reason what-so-ever for us to import a single drop of oil from anyone. Not the Mideast, not Venezuela, not Mexico, Not Canada, no one. Heck, there is no compelling need right now for us to be blending ethanol in our fuel when viewed in the context of our supply. We can cut our gasoline/diesel usage drastically by switching over to CNG/LNG for the vast majority of heavy hauling and general transportation. We could have $1.75 gasoline in 5 years very easily. We could be [B][I]EXPORTING[/I][/B] crude in 10, maybe less. The one and only thing stopping this from happening is the federal government. [/QUOTE]
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Wow, have you seen the Price of corn!!!
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