Thursday, January 7, 2010

How long US can survive without world oil supply ?

13.5 SECONDS. GIVE OR TAKE A FEW.How long US can survive without world oil supply ?
We still produce about 50% of our oil domestically. It would be a lot more, if we could drill more in Alaska, the Gulf of Mexico, and the California coast. In addition, we have TONS of shale.








Here's what would happen if the world embargoed the US.


There would be incredible inflation, and economic turmoil, but in a about a year, the automakers would move to save their markets by introducting plug-in hybrids that get +200mpg (existing technology)


Then in a few years, the resources named above would be generating oil, there would be more nuclear plants, additional natural gas and coal gas, and ethanol to supplant foreign oil.


In a few more years, a desperate push would yield hot Fusion power.





Abroad, international oil producers would see their prices collapse and would fall upon desperate times as demand slackened and price wars would ensue between current oil exporters (north sea, russia, venezuela, mid -east) They would all be begging us to come back and boost the price of oil again.





Then we would be totally energy independant because of NEED spawning innovation. This is the history of free markets. The ';invisible hand'; spoken about by Adam Smith would come to the rescue although hard times could not be omitted.





Here's a question: What would the mid east do when we were no longer interested, and they no longer had US oil money, US foreign aid, and US intervention in Israel's self defense reactions?How long US can survive without world oil supply ?
Problally not much but if we can over through the oil companys and set up home biodesel factory we all can live alot better
It is impossible for us to survive without the world oil supply. A lot of people think that the only thing we use oil for is gasoline. That is far from true. Petroleum is also the raw material for many chemical products, including solvents, fertilizers, pesticides, and plastics. So all those liberals that suggest the answer to this problem is by using ethanol, or vegetable oil for cars, let them know that this will not solve our oil dependency ';problem.';
forever if our corrupt oil company owening pollititions will allow the use of more economical and ecological fule sources like hydrogen,and methane

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