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But we have not even dented tar shale and that is now just economically feasible and coming on line.
Nor are we including the potential for exploiting coal as a syn-fuel - a refinery for this is being build in Pennsylvania as we write.
Cheap oil is a low capital and investment cost way to make things like gasoline. Now we have to switch to high capital and investment cost ways to make things like gasoline. That and accept the kind of performance limitations of battery cars. Think of battery cars as being the equivalent of reducing gasoline consumption of your car by 90% at the cost of doubling the price. You have to buy two cars. The battery car for most of the time, and the regular car for when you have to drive farther than the battery will let you.
And by the way, the kind of thick steel needed for synfuel plants is also in short supply, in the form of iron ore, coking coal, steel blast furnace capacity, and tube and rolling mill capacity. Not to mention large valve forging capacity, large pump and motor capacity, and engineering, construction, and infrastructure capacity in general.
I expect that OLED wallscreen telecommuting will kick in around 2010 as resolution goes up high enough to overcome the psychological barrier to virtual environments and we progressively reduce commuting. This will probably be more important as a way of coping with peak oil than synfuels and battery cars combined.
You probably have not had a chance to read Bubba's article on oil shale. I don't think oil shale, or one CTL plant will save us.
Thanks for pointing me there. There has been progress made on this front. Yes, it is a high energy user (and the French have suggested Nukes to get the oil out). But my reading suggests that if oil is over $35 a barrel than you can make a profit on it. Canada is ramping up on the production from oil shales/sands.
But the points you guys made about scale is valid. And anyway, it needs to address greenhouse gases at some point as well.
We will have a lot of pissed off rednecks in this country if they can not put fuel in their Mustangs.
Maybe if we built nuclear reactor plants by these shale and tar sands, can they be produced...but that would take 10 years. People need to stop this wishful thinking.
This is why I love the Oil Drum, as I can learn from it. And Physics is definitely not my long suit.
I am reminded of Germany and even Italy in World War II. Both built syfuel refineries and very quickly. Did it solve their fuel problems, no, but if Italy, the least of the Great Powers, could get a plant up by 1942, it should not take ten years to get more than a couple of plants going.
But the point is valid that for the immediate future it will take more effort, and of course we are not even talking about greenhouse gases.
Germany started in 1938 to push sythetic fuel production. In 1939 it produced 2.2 metric tons.
1940 - 3.3
1941 - 4.1
1942 - 4.9
1943 - 5.7 and than a decline after that.
Remember this was a Germany that used 600,000 horses for its army when it invaded the Soviet Union in 1941.
Standard Oil helped get this working back in 1938 with German industry.