[Vwdiesel] It's peak oil, duh.
Erik Lane
eriklane at gmail.com
Wed Mar 12 11:25:16 PDT 2008
On Wed, Mar 12, 2008 at 11:06 AM, Bryan Belman <dieselwesty at yahoo.com> wrote:
> I agree, that will be the only real pay back in the
> future for most of us, running on mixed diesel and WVO
> if we have no 2nd heated tank and switch over setup.
>
> Bryan
Yes, but as diesel gets to be higher and higher priced will the WVO
still be available? I sincerely hope so, as I plan to use it, but I'm
worried that it might get to be too valuable to give away and will be
hard to get. I hope to be proven wrong... :)
> .......................They passed the breakpoint. I
> have been interested
> in those Canadian oil sands for years. Two months
> ago a middle-eastern
> investment company bought out the Canadian oil sands
> company in which I had
> invested. They bought the entire company, took it
> private, and sent me a
> check for the value of my stock. I made a nice
> profit, but that wasn't why
> I acquired the investment in the first place. They
> are using the profits
> from their middle-eastern deep wells to acquire the
> sources they will need
> in the future, when those deep wells are empty.
VERY interesting. I had no idea, but it makes sense. So did they
really pass the break-even point and are producing oil, or are they
just anticipating? You made it sound like the former at the start of
the email, but then kinda like the latter towards the end. I'm sure
they're capable of looking ahead and seeing what's coming, of course.
If they aren't producing from the sands yet, is it economics of
extraction, or more just not wanting to compete with the price of the
oil from their wells overseas?
Thanks for sending that. It's something I'm going to look into a bit.
Hadn't seen it coming, which is silly, cause it should have been
obvious.
Erik
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