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Originally Posted by SteaminDemon
Um, we do have a real strategic energy reserve, and it's coal. So, what do we do about process steam iron duke? What about small plants that generate both electricity and process steam? What should we do about those plants? Before you post such a broad comment like that, there are so many other things to consider. What about school's, hospitals, and even homes that have switched to coal thus slashing their fuel costs substantially? Do you want everyone to switch to a little nuclear reactor? Be realistic.
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Did I say anything about putting mini-nuclear power plants in schools and hospitals? No, I didn't. It should be clear I'm referring to coal power plants in the three and four digit MW range. Don't you ever accuse me of saying things I didn't, don't you ever put words in my mouth again.
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Originally Posted by dalem
Exactly. Oil could drop to $40/bbl tomorrow if OPEC wished it so.
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It never will. Demand is just too great, and shows absolutely no signs of slackening whatsoever.
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Originally Posted by gunnut
I always said we should use up as much oil from the middle east, as fast as possible, to render them irrelevent.
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Then what?
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Originally Posted by gunnut
We have huge oil reserves right here in the states that no one wishes to tap or even explore. The entire east coast and the west coast are not explored. We know there's a huge reserve under the gulf. Of course we have Alaska.
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A drop in the pond compared to what the ME has.
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Originally Posted by citanon
Iron Duke, the last I heard, even if we were using coal for 100% of our energy needs including conversion to transportation fuel oils, our coal supply would still last us at least 2000 years. There's just no way we can use it fast enough for it not to be a strategic reserve.
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I believe everybody has misinterpreted what I said. Creating the ability to produce fuel oil from coal should be a critical concern in ensuring our energy security.