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General Motors CEO: oil has peaked
Energy Bulletin ^ | 14 Jan 2008 | Joshua Dowling

Posted on 01/16/2008 12:35:46 AM PST by Brian S. Fitzgerald

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To: Froufrou

Yes, we were awash in corn so much so that there weren’t enough storage silos to hold it all. Tons of corn was literally laying in the streets of the midwest. Now, it’s the opposite. There is a famine coming to this country, soon, of our own (and God’s) making...........


21 posted on 01/16/2008 6:56:34 AM PST by Red Badger ( We don't have science, but we do have consensus.......)
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To: Red Badger

I’ve heard these words for as long as I can recall.

Soylent green is people.


22 posted on 01/16/2008 6:59:22 AM PST by Froufrou
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To: Brian S. Fitzgerald

And where is that electricity to store in those batteries going to come from? Coal? What happens when Peak Coal comes around?


23 posted on 01/16/2008 7:44:26 AM PST by jmyrlefuller
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To: Brian S. Fitzgerald

Hmm, Mr. Wagoner must have a long position in ADM stocks . . .


24 posted on 01/16/2008 7:46:10 AM PST by ksen ("For an omniscient and omnipotent God, there are no Plan B's" - Frumanchu)
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To: ksen

Or GFET. Check it out . I may be crazy but I just bought some of this stock.


25 posted on 01/16/2008 8:16:10 AM PST by westmichman ( God said: "They cry 'peace! peace!' but there is no peace. Jeremiah 6:14)
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To: Brian S. Fitzgerald

Based on GM’s visionary ‘leadership’ for the last 30+ years and their laughable product offerings I’m not sure these comments amount to much.


26 posted on 01/16/2008 8:18:36 AM PST by relictele
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To: sphinx

Corn ethanol has a net of +25% gain in energy. Biofuels net 540% gain over production. Seems like a no-brainer. If I lose some money on GFET so what. Everthing else is going down anyway.
WMM


27 posted on 01/16/2008 8:19:11 AM PST by westmichman ( God said: "They cry 'peace! peace!' but there is no peace. Jeremiah 6:14)
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To: sphinx

You’re right, I would add however that the surging price is going to drive the use of alternatives and the development of even better alternatives. My guess is TDP (thermal deploymerization) is going to become very well known, especially in conjunction with sewerage and waste processing. Diesel can be from many sources.


28 posted on 01/16/2008 8:25:36 AM PST by MSF BU (++)
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To: sphinx

“Peak Oil”, economically, doesn’t even make sense.

If demand exceeds supply, prices go up, reducing demand, and increasing the incentive to find more (increase supply).

Oil may have “peaked” its production AT THE CURRENT PRICE, but there exists NO absolute “peak”.


29 posted on 01/16/2008 8:25:43 AM PST by MrB (You can't reason people out of a position that they didn't use reason to get into in the first place)
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To: Mojohemi

You may be right but the Prius is still a green car. How do I know? Because the liberal elites say so. We are no longer capable of making rational decisions about energy usage. The market is not capable of determining economically viable technologies. Being considered green is now a market mandate. Cost and benefits are only a secondary concern.


30 posted on 01/16/2008 8:37:52 AM PST by businessprofessor
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To: sphinx

My money would be on white mustard. American agrarian soils can produce two crops per year of mustard versus one of corn and mustard’s volume planted:yield ratio is anywhere from 1:280 under worse conditions to 1:800 in better, normal yields - some have even been as high as 1:1200. In other words, for one bushel of mustard seed sown, it would yield 280 to 800 bushels of seed, some as much as 1200. Corn is 1:120 at best, 1:60 and below at worse.

Mustard (42% oil) also produces oil at ten times the amount expressed from corn (3.5-4.5% oil) and the extract is initially volatile, meaning less energy/effort would be required to produce an end product as fuel.

To sum it up, mustard has the potential to out produce corn for an energy source by 135 times. More produce on less land resources means more land left for foodstuff production.


31 posted on 01/16/2008 8:47:44 AM PST by azhenfud (The fool hath said in his heart, There is no God.)
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To: azhenfud

Corn is not produced from the oil in corn but rather the starch. You’re comparing apples and oranges.


32 posted on 01/16/2008 8:50:36 AM PST by thackney (life is fragile, handle with prayer)
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Corn Ethanol is not produced from the oil in corn...
33 posted on 01/16/2008 8:51:40 AM PST by thackney (life is fragile, handle with prayer)
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To: azhenfud

I think GB is saying,

“SUV sales are dropping through the floor and we want to loose less than 7 billion this year”

The volt does look cool.

http://www.gm-volt.com/image-gallery/

The type of fuel is not the problem, most anything will burn. Its the efficiency of the power system that has to be looked at.

A electric power train with a generator system is just way more efficient. A generator system made to run in a small RPM range can be made a lot more efficient than a normal engine that has to make power over a large RPM range.

For in city driving, having regenerative breaking will make heavy autos get almost the same millage as light cars so we can still be safe. Yes we can have 4,000 lb SUV’s that will still pull like trains, the original hybrid.

I see large SUV’s getting around 50MPG with a all electric drive train and a natural gas generator or any type of fuel system.


34 posted on 01/16/2008 9:10:41 AM PST by Goldwater and Gingrich
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To: Goldwater and Gingrich

GB=GM


35 posted on 01/16/2008 9:11:40 AM PST by Goldwater and Gingrich
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To: Brian S. Fitzgerald

Translation - WE are getting our tails kicked by the Japanese and are unable to compete. Therefore, GM has diversified into ethonal production plants and are seeking government help to force more people to buy ethonal vehicles.


36 posted on 01/16/2008 9:16:58 AM PST by Bryan24 (When in doubt, move to the right..........)
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To: NVDave
About time Detroit got rid of the V-8.

I, for one, am glad that pickup trucks and sports cars still come with them. I doubt anyone is going to buy a Vette with a six cylinder in it, unless it's a 1953 first year model, which I believe had a six in it.
37 posted on 01/16/2008 9:17:26 AM PST by JamesP81 ("I am against "zero tolerance" policies. It is a crutch for idiots." --FReeper Tenacious 1)
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To: JamesP81

Its too bad a Vette is slower than this electric sport coupe.

http://www.teslamotors.com/


38 posted on 01/16/2008 9:35:06 AM PST by Goldwater and Gingrich
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To: Goldwater and Gingrich
Its too bad a Vette is slower than this electric sport coupe.

It's also too bad that the Tesla Roadster costs as much as two Vettes. Even the 505 horsepower ZO6 is a bit cheaper.
39 posted on 01/16/2008 9:42:29 AM PST by JamesP81 ("I am against "zero tolerance" policies. It is a crutch for idiots." --FReeper Tenacious 1)
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To: azhenfud

To add to your point, there’s this: mustards can grow in much colder climates than corn.

There’s a whole family of mustards we’ve not completely explored as oilseed feedstock.


40 posted on 01/16/2008 9:48:18 AM PST by NVDave
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