but the point is, what Duke has been telling us about the Bakken reserve; if we could get that secured, then:
a) foreign oil dependency is gone
b) we may not have to pay the market price for crude,
c) even if we would have to pay the market price, we'd have enough supply to drive the cost of crude back down
d) the best part: we could tell OPEC to get [email protected]
look, i'm all about alternative fuels - but only those that make sense:
Ethanol (corn, soy, sugar, etc) - nope; doesn't have the energy return to make it worth it
Hydrogen - joke.
CNG - possible, but a huge upfront cost in equipment and technology retrofit.
Coal gasification / GTL - we're onto something here. we've got enough coal to, using the gasification tech, use as a primary fuel source for decades.
i don't know about you cats, but i can't last for very long w/ fuel at over $4/gal (price here and rising). $5 has got to be
out of the question. something's got to give. it needs to not be the people.