I enjoy following the alternate fuels subject, and there is lots going on. When, I wonder will it actually impact our demand for foreign oil?
“I enjoy following the alternate fuels subject, and there is lots going on. When, I wonder will it actually impact our demand for foreign oil?”
Here is my opinion as someone with a mech. engineering degree: the best way to transport hydrogen is bound as a hydrocarbon (i.e. oil). Nuclear is the way to go but is stymied by the greens. Most solar and alternative energies are pipe dreams - we’ve been actively pursuing them since at least 1970 with little success. Some of the tar sands and synthetic fuels may hold promise, but ethanol is a waste of money. The alternative fuels also tend to have hidden environmental costs.
In short, don’t sell your petroleum stocks short anytime soon.