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    <title><![CDATA[Discussion on The cost of new oil supply ]]></title>
    <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148]]></link>
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    <language>en-us</language>
    <lastBuildDate>2013-05-25T23:29:04-07:00</lastBuildDate>
             

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        <title><![CDATA[Car Companies]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-70949]]></link>
        <description><![CDATA[There are small scale alternative fuel programs with the major car companies. But not mass produced alt fuel &quot;cars&quot; that can compete at an equal footing with actual mass produced &quot;cars&quot; which benefit from a hundred years of process innovation, market expansion, and economies of scale..]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-70949]]></guid>
        <dc:creator><![CDATA[jeffhre]]></dc:creator>
        <pubDate>Wed, 16 May 2012 22:13:51 -0700</pubDate>
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        <title><![CDATA[Why? Only the West?]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-70967]]></link>
        <description><![CDATA[Yep, vehicle owners paying less long term for fuel (higher fuel standards) and living better and longer by breathing air that is not brown (remember the Beijing Olympics) is a punishment fer sure! Dunno why we'd want to do that?]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-70967]]></guid>
        <dc:creator><![CDATA[jeffhre]]></dc:creator>
        <pubDate>Wed, 16 May 2012 22:01:24 -0700</pubDate>
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        <title><![CDATA[cheap nike soccer cleats]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-70469]]></link>
        <description><![CDATA[The nike mercurial sl is a dance aerobic sneaker that has all of the features that were mentioned above. Manywomen love this shoe because it is able to provide everything that they require in this shoe and it alsocan be had for a very affordable price.The Nike Musique FeaturesHere are some of the features of this wonderful sneaker. It has all that is needed for any danceaerobics class.  Flexibility is one of The Musique is very lightweight  Nike Mercurial victory VIII and supportive, this is courtesy of synthetic leather and a light meshupper. There is also midfoot strapping that allows for support during the different routines. The shoe has extra stability, courtesy of double-lasted forefoot and heel. There is a Phylon midsole that is able to give lightweight cushioning. The rubber outsole gives excellent traction. There is a pivot point on the forefoot of the shoe   Well it seems that a lot of people love the Nike Shox Navina. The shoe is solid and it is perfect forrunning, for use in the gym or casual wear.  nike mercurial talaria v The shoe works very well, but what many people seem to beblown away by are the varying colors that are available]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-70469]]></guid>
        <dc:creator><![CDATA[adidas23]]></dc:creator>
        <pubDate>Tue, 08 May 2012 20:00:37 -0700</pubDate>
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        <title><![CDATA[Only THEIR R &amp; D is approved for funding...]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69320]]></link>
        <description><![CDATA[Small Companies have almost no luck getting R &amp; D funding,... But the BIG's get plenty of funding for their R &amp; D...What is best for the Country is now what is best for THEM...]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69320]]></guid>
        <dc:creator><![CDATA[CaptD]]></dc:creator>
        <pubDate>Sun, 22 Apr 2012 17:07:54 -0700</pubDate>
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        <title><![CDATA[Confusion and clarity]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69331]]></link>
        <description><![CDATA[I don't understand most of the oil price talk. Everyday we find new oil fields. Some deep some shallow, at different grades. Overral technology improves, overral costs fall. Very simple. So why the general rise in oil prices? Artificial. There are viable replacements, just relatively little initiative.  Example, 10 years ago we had small credit card sized torches that could stay powered for 25 years. 3 batteries, one in use, powers the other two as its being consumed. Sort of recycling the energy. Cheaper than buying battery replacements! Forget this, philips has the everlasting light bulb patent. We have a critical mass of people who want change. Enough who supply the tools. But large corporations keep standing in the way. Once a brilliant invention is made they clamp down on it. Look at the Tesla example. Governments keep saying they need to protect corporations because they invest in R&amp;D, employment.... Only to bring it out of the cup board a few decades later!]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69331]]></guid>
        <dc:creator><![CDATA[A_Torriani]]></dc:creator>
        <pubDate>Sat, 21 Apr 2012 21:23:27 -0700</pubDate>
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        <title><![CDATA[Oil RIP OFF$]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69321]]></link>
        <description><![CDATA[I agree, prices for gasoline creap upward as our Leadership BOW$ to Big Oil and their donations...That is all you need to know...  Greed has taken over DC Politics...Expect to see a historic decline in automobile and truck sales as folks realize that buying a new vehicle is a LO$ING proposition for end users and a sure sign that our Economy is going further down the toilet...]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69321]]></guid>
        <dc:creator><![CDATA[CaptD]]></dc:creator>
        <pubDate>Sat, 21 Apr 2012 18:18:13 -0700</pubDate>
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        <title><![CDATA[Not all logical assumptions are necessarily correct.]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69250]]></link>
        <description><![CDATA[Your assumption is logical, but personally no car co. ever solicited my opinion as to what I was looking for in auto design or features. In fact, it's are really difficult to figure out exactly whose and what needs car designs actually cater to.]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69250]]></guid>
        <dc:creator><![CDATA[dduggerbiocepts]]></dc:creator>
        <pubDate>Fri, 20 Apr 2012 10:51:42 -0700</pubDate>
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        <title><![CDATA[Weak link in argument - verifiable crude produciton costs.]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69252]]></link>
        <description><![CDATA[I'm a big fan of Chris's - but I think his argument/predictions have a critical weak link - almost all hinge on the assumption that the market price of crude - is a functional component of energy prediction and planning. His production cost assumptions are not verifiable - and don't agree with the oil industry insiders that I have discussed the subject of production costs. It has always struck me as suspicious why no one publicly reports the actual audited production costs of oil (especially public companies) - field by field, region by region, country by country - wherein a real avg. cost of crude oil and related energy product production can be determined. I suspect if they did report this we wouldn't be paying $4.00/gal for gas today.  I don't think that the world gives a damn whether the Saudi's or the Russian's or US oil producers have mortgaged their reserves in advance. Their lack of planning shouldn't and doesn't constitute and emergency for the rest of the world regarding high oil prices. In 1998 crude oil sold for $11.91/barrel avg. - and the majority of oil companies were making money - from that we know that the avg. crude oil production cost was well below that. As recently as Dec. of 2008 crude was $32.94, having ranged all the way up to 126.33 during the same year. Folks - the production cost of crude is far more constant that this kind of ranging and it is always well below the lowest market price. You don't see 300% changes in production costs from existing wells in one year - but you do in market price. (http://www.ioga.com/Special/crudeoil_Hist.htm) Sure, there will always be higher new tech costs and incompetent producers that go out of business when prices drop, but the point is that market price is neither an indicator of the costs, or the availability of oil - and never has been.  Consequently, market price of crude is useless in real energy planning. To make the assumption that oil market price is anything other than producer (national or private) marketing decisions of how much the market will bear is exceptionally naive. Not knowing and understanding the real cost of petroleum production when planning alternative energy strategies that must be competitive with petroleum, or changing national transportation strategies without this info - is a fatal deficiency. We have already seen high oil prices generate alternative energy ventures in the 1970s, only then to kill them by lower oil prices. I'm not saying that peak oil isn't a current problem, or that we don't need need alternative sources. I am saying that we have to know the cost that alternatives are competing with in order to make real business plans for them - and currently that info isn't widely available - if at all and what does exists requires independent verification. I would also think as oil consumers we might also want to know exactly how badly we are being ripped off to support oil producers failed budget planning and or luxury life styles. In addition, if oil is so precious not considering our existing oil and gas reserves as strategic resources and legally stopping their exports - is an exceptionally bad long term survival strategy.]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69252]]></guid>
        <dc:creator><![CDATA[dduggerbiocepts]]></dc:creator>
        <pubDate>Fri, 20 Apr 2012 10:25:28 -0700</pubDate>
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        <title><![CDATA[Obama has always been pro-nukes and pro-clean-coal]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69264]]></link>
        <description><![CDATA[Obama's always been forthright about being all the above when it comes to energy.Perhaps you should vote for the Green Party candidate.]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69264]]></guid>
        <dc:creator><![CDATA[James.McMurtry]]></dc:creator>
        <pubDate>Fri, 20 Apr 2012 10:19:22 -0700</pubDate>
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    <item>
        <title><![CDATA[Big Corp.'s control our Energy Choice]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69241]]></link>
        <description><![CDATA[In short the Big's control our choice of Energy by supporting the same old  choices (with &quot;established&quot; market shares) and promote against any new choices unless they hold all the shares...Germany will be the model of how a Country can &quot;shift&quot; from one source of energy and replace it with another GREEN form of Energy!]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69241]]></guid>
        <dc:creator><![CDATA[CaptD]]></dc:creator>
        <pubDate>Fri, 20 Apr 2012 08:08:16 -0700</pubDate>
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        <title><![CDATA[The FEWER Rich get Richer and the MANY Poor get Poorer!]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69234]]></link>
        <description><![CDATA[I'd just like to add that as the radio of those getting richer vs those that are getting poorer affect our overall economy america will not be the land of the Free any longer but morph into the land of the indebted...Right Now the USA is running on the wealth of our Past, as the baby boomers start to draw down on their savings and or look for a place to relocate too!]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69234]]></guid>
        <dc:creator><![CDATA[CaptD]]></dc:creator>
        <pubDate>Fri, 20 Apr 2012 08:03:07 -0700</pubDate>
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        <title><![CDATA[Supply and Demand]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69224]]></link>
        <description><![CDATA[Supply and demand tends to set what car companies can do.  If there is little demand for an alternative fueled car then the auto makers will make what sells rather than have an inventory of cars that do not sell.  If the demand is for large, gas guzzling SUVs then that is what the auto makers will focus on.  When an economic shock hits is when people demand more efficient vehicles.]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69224]]></guid>
        <dc:creator><![CDATA[sboverie]]></dc:creator>
        <pubDate>Fri, 20 Apr 2012 08:02:12 -0700</pubDate>
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    <item>
        <title><![CDATA[President Obama is Pro Nuclear]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69220]]></link>
        <description><![CDATA[The Nuclear Industry was his largest donor and he is their greatest supporter, which is keeping the USA from racing Germany toward a GREEN, less risky future... This is not the CHANGE so many voted for!]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69220]]></guid>
        <dc:creator><![CDATA[CaptD]]></dc:creator>
        <pubDate>Fri, 20 Apr 2012 07:55:39 -0700</pubDate>
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        <title><![CDATA[Thanks for the book suggestion!]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69201]]></link>
        <description><![CDATA[I'll read it!RE:  Space based Solar is still over 20 years awayThat is what they said in the 70's when O'Neill wrote his book!Until the &quot;current&quot; BIG energy Corp's get on board, we will continue to always be 20+ years away as they squeeze US for every cent they can...]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69201]]></guid>
        <dc:creator><![CDATA[CaptD]]></dc:creator>
        <pubDate>Fri, 20 Apr 2012 07:16:50 -0700</pubDate>
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        <title><![CDATA[Why aren't the Car companies?]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69172]]></link>
        <description><![CDATA[Why aren't the car companies doing more to push their alternative fuel cars.  With the price of gas now you would think they would be in a great position to recommend them.  I live in the southwest, and we have sun most of the year.  Solar really makes sense here.  But our politicians have been fighting it, and when a solar company goes under it is See it's a bad idea.]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69172]]></guid>
        <dc:creator><![CDATA[halomar1970]]></dc:creator>
        <pubDate>Thu, 19 Apr 2012 21:39:15 -0700</pubDate>
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        <title><![CDATA[Back in the stone age:]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69158]]></link>
        <description><![CDATA[We took the bus, because we did not have a car.  But the bus and trolley system that was in place worked very well, there were reasonable schedules, you could transfer easy to get where you needed.  I don't know what they did to the bus systems, but I know where I live you can't get there from here.  We had to be at a hospital apt. at 5:30 a.m. and there was absolutely no buses connecting from the 3 cities we had to cross.  We ended up in a cab that cost us $50 each way.]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69158]]></guid>
        <dc:creator><![CDATA[halomar1970]]></dc:creator>
        <pubDate>Thu, 19 Apr 2012 21:34:16 -0700</pubDate>
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        <title><![CDATA[Asia in trouble too...]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69170]]></link>
        <description><![CDATA[The rising marginal cost of a barrel affects everyone who purchases any oil-based products. The more efficient economies and those with access to more, less expensive energy will do better. But all those economies aren't located in Asia. One reason why consumption is shifting to Asia is due to the fact that India and China both subsidize oil consumption. This masks the effect of high oil prices to consumers and, so, they have the illusion of economic growth for a little while. But they pay for this in the form of deficits. India recently had to pass on higher oil prices to consumers and, if marginal costs keep rising, it's just the beginning. There's nothing magical that makes Asian economies immune to the high cost of oil. They're in the problem along with the rest of us. Further, the mythical 'reserves' of the middle east are belied by the rising cost of producing a barrel there. China receives most of its oil from the Middle East and these countries have been notoriously murky about their reserves figures. Saudi Arabia requires $100 oil for its economic stability. Russia is starting to run to stand still on production. At some point, probably now, these prices start to hurt the so-called Asian growth engines. There's really no way out of the depletion trap unless you have large-scale government and industrial programs to rapidly increase efficiency and to transition away from fossil fuel energy sources. Honestly, that's the only way out. And the longer we wait for large-scale transitions, the more pain we will feel as the marginal costs of fossil energy ratchet ever-higher.]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69170]]></guid>
        <dc:creator><![CDATA[Robert Marston F]]></dc:creator>
        <pubDate>Thu, 19 Apr 2012 18:05:00 -0700</pubDate>
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        <title><![CDATA[hilarious!]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69142]]></link>
        <description><![CDATA[Ahh here's the thing - the world ran out of &quot;easy oil&quot; in the 70s. The key to the post 70s growth in oil produiction was the &quot;hard to get&quot; oil in the North Sea. Feezing cold, a mile or more down, that oil was very, very hard to get. So when the burden of new production shifted to &quot;difficult&quot; oil, it resulted in a tipping point - like the 1980s.See - Mr. Nelder *does* make sense.]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69142]]></guid>
        <dc:creator><![CDATA[James.McMurtry]]></dc:creator>
        <pubDate>Thu, 19 Apr 2012 10:11:24 -0700</pubDate>
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        <title><![CDATA[oil]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69109]]></link>
        <description><![CDATA[I have preserved a copy of an article published in Scientific American in 1953 that predicts the WORLD will run out of oil by 1970.]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69109]]></guid>
        <dc:creator><![CDATA[pauc1]]></dc:creator>
        <pubDate>Wed, 18 Apr 2012 22:20:57 -0700</pubDate>
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    <item>
        <title><![CDATA[The Future is difficult to foresee]]></title>
        <link><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69097]]></link>
        <description><![CDATA[When I was in college, The &quot;energy crisis&quot; of the 1970's had just taken place. I was told that in ten years there would be &quot;no&quot; oil and gasoline would cost $15 per gallon. Petrochemical engineering was the highest paying field for new graduates. Steel plants were closing left and right. Carter was President and the Ayatollah took control of Iran. They held our embassy crew prisoner for 444 days until Reagan took office. I expected Jimmy Carter, being a Nuclear Engineer, to be able to solve our problems. Then there was that little incident at Three Mile Island. The Soviets were on the offensive and things looked very bad.Ten years later, fuel gobbling &quot;SUV's&quot; were all the rage in the US. Gas was down to 60-90 cents a gallon. It stayed like this for 10-15 years. They were pretty good times.Then early this century fuel prices began their gradual ascent. As the pendulum swings prices keep going up. Most production jobs are now in the &quot;newly developing countries&quot; where people are beginning to buy cars. Like the US of the early 19Th Century there are no Workers' Comp laws in places like India and China, people work like slaves for relatively low wages, and are so plentiful that the lowest paid set the wage (unlike the price of oil described above).So where am I going with this little history lessson? Right now it looks like the developing world is positioning itself to be the &quot;demand driver&quot; for crude oil. In fact they are already there. Excess demand for oil raises prices as much as decreased supply. We are no longer the energy glutton of the world so an economic shock here will not drive down prices. The cat is already out of the bag.  It will not be long before we will really not be able to afford personal automobiles here in the US and Europe. It looks to me like what I was told in college is actually going to happen, but in the next 10 years, not in 1984. And if it does we are up the creek without a paddle. This problem was foreseen in 1974 but we stuck our head in the ground like an ostrich. Once again, the future is unwritten. We do not have an inkling of where things are going. There are a few truisms, for example the rich get richer and the poor get poorer. There are also some absolutes, e.g. we will all (hopefully) get old and die. What we leave to our children is up to us.]]></description>
        <guid><![CDATA[http://www.smartplanet.com/forum/discussions/1-10148-69097]]></guid>
        <dc:creator><![CDATA[Arctic Char]]></dc:creator>
        <pubDate>Wed, 18 Apr 2012 18:07:59 -0700</pubDate>
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