CrealCritter
Sustainability Master
- Joined
- Jul 16, 2017
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Comment from the Permian Basin Oilfield...
When the barrel price of oil gets up to $50 and over, you will start to see some more production. However, if, as in one of those EO's that were supposedly not the "right way to govern," no more lease permits are granted, the available permits will eventually run out. We had a moment of energy independence...sigh.
The world market was glutted with oil. Not sure of the current situation on that as I have had to stop with most of my media consumption in order to retain a little bit of my sanity. Anyway, that also affects exactly what goes on re oil production in the US as well as prices at the pump. If we continue as started last month, I'm guessing gas/diesel will hit the $4 range by summer. And fuel prices affect the price of pretty much everything.
BTW, lots of wind turbines here and I know folks in that industry. Did you know that a wind turbine does not pay for itself over the course of its functional life? I am all for developing alternative and renewable sources of fuel but we have got to be smarter about it than we have been so far. For one thing, there is an incredible amount of energy contained in the materials still going into landfills. We have the technology, it is generally referred to as gasification, to turn at least 90% of those materials into energy but we are simply not doing it.
Hubby has been working on a gasifier for our homestead. It is still out in the future but I can't wait for him to get it done.
My son in law uses a gassifer for some minor machines that are not fuel injected. But he mainly uses it to make his own charcoal. He brings me a couple of 5 gallon buckets full when they come to visit. I use the charcoal in the BBQ grill, in my opinion... it's just as good, if not better than storebought (Kingsford), to cook off of.