4 ms·

I'm particularly disappointed in TX given it's wealth, low cost to do business (attractive for startups), and epic center of oil production. Our state (and big

by pxlpshr 18y ago

I'm particularly disappointed in TX given it's wealth, low cost to do business (attractive for startups), and epic center of oil production. Our state (and big oil) should be funding serious initiatives to curb us off oil, and hedge their company (and state economy) against the depletion of a natural resource. Did we not learn from the US automotive industry while Japan kicked our ass? c'mon cowboys, step it up.

DabAsteroid 18y ago
Our state (and big oil) should be funding serious initiatives to curb us off oil The Earth's crust contains 70,000 years worth of oil. http://www.google.com/search?q=2.1+quadrillion+oil+barrels http://www.google.com/search?q=2.1+quadrillion+oil+barrels What would be the point of oil-use-curbing initiatives? against the depletion of a natural resource. Oil cannot be depleted, since it is rechargeable. http://www.google.com/search?q=site%3Awww.juliansimon.com+oil+renewable http://www.google.com/search?q=site%3Awww.juliansimon.com+oi... contrary to common belief, category 3 resources (including oil) are all renewable.
- pxlpshr 18y ago
  I hope the following generations lose this mentality. That was the most short-sighted rebuttal I've read.
  - DabAsteroid 18y ago
    It wasn't a rebuttal. It was a question. Why do you think it was short-sighted?
    - ryanwaggoner 18y ago
      You didn't even provide direct links to the "evidence" you were presenting. Links to Google search results pages to back up your statement? Really?
      - DabAsteroid 18y ago
        Google results are often more useful and interesting than direct links. Did you have trouble finding these links within the provided googles?: http://www.eia.doe.gov/iea/overview.html http://www.eia.doe.gov/iea/overview.html http://hubbert.mines.edu/news/Youngquist_98-4.pdf http://hubbert.mines.edu/news/Youngquist_98-4.pdf http://www.juliansimon.com/writings/Articles/EXTROPYA.txt http://www.juliansimon.com/writings/Articles/EXTROPYA.txt http://www.juliansimon.com/writings/Ultimate_Resource/TCHAR11.txt http://www.juliansimon.com/writings/Ultimate_Resource/TCHAR1... http://www.juliansimon.com/writings/Articles/NATRESOU.txt http://www.juliansimon.com/writings/Articles/NATRESOU.txt Links to Google search results pages to back up your statement? Are you meaning to imply that you contest either that the Earth's crust contains ~2.1 quadrillion barrels of oil, or that world society currently consumes ~80 million barrels of oil per day?
        pxlpshr 18y ago
        I have a problem with your sources, specifically julian simon, as it primarily cites research dating back to the 1980's and does not take into account a lot of factors that are placing significant pressure on the CURRENT supply of oil TODAY. A good analogy is a human and blood. Our bodies naturally regenerate blood... but we can't possibly donate blood on a daily basis and expect to survive. What blows my mind is that you're stubborn about NOT innovating (job creation, less dependence on others -- specifically middle east), while both parties in the presidential race seemingly agree on one thing: we need to curb our dependence on oil.
        DabAsteroid 18y ago
        a lot of factors ... are placing significant pressure on the CURRENT supply of oil TODAY. You are referring to the surplus supply? How do you figure that surplus supply should push prices up? http://www.engdahl.oilgeopolitics.net/Financial_Tsunami/Oil_Speculation/oil_speculation.HTM http://www.engdahl.oilgeopolitics.net/Financial_Tsunami/Oil_... Compelling evidence also suggests that the oft-cited geopolitical, economic, and natural factors do not explain the recent rise in energy prices can be seen in the actual data on crude oil supply and demand. Although demand has significantly increased over the past few years, so have supplies. Over the past couple of years global crude oil production has increased along with the increases in demand; in fact, during this period global supplies have exceeded demand, according to the US Department of Energy. The US Department of Energy’s Energy Information Administration (EIA) recently forecast that in the next few years global surplus production capacity will continue to grow to between 3 and 5 million barrels per day by 2010, thereby “substantially thickening the surplus capacity cushion.” . http://www.google.com/search?q=%22there+is+no+gas+shortage%22 http://www.google.com/search?q=%22there+is+no+gas+shortage%2... In January of this year, the U.S. used 4% less petroleum than we did a year ago. (Oil demand was down 3.2% in February.) Furthermore, demand has been falling slowly since July of last year. Ronald Bailey of Reason Online has pointed out that worldwide production of oil has risen 2.5% in the first quarter, while worldwide demand has grown by only 2%.
natrius 18y ago
So many people work for oil companies in Texas that I doubt state funding of competitors would be politically feasible. Also, I doubt that more funding is what is needed to get us off of oil. There's a lot of money already being invested in solutions, though as a Texan, I'd like to see a vibrant renewable energy industry there as well. State funding of emerging technologies seems like a prudent thing to do to create new jobs within the state, and if Texas doesn't get on the ball, California will draw all of the new companies.

by pxlpshr 18y ago

DabAsteroid 18y ago

Our state (and big oil) should be funding serious initiatives to curb us off oil The Earth's crust contains 70,000 years worth of oil. http://www.google.com/search?q=2.1+quadrillion+oil+barrels http://www.google.com/search?q=2.1+quadrillion+oil+barrels What would be the point of oil-use-curbing initiatives? against the depletion of a natural resource. Oil cannot be depleted, since it is rechargeable. http://www.google.com/search?q=site%3Awww.juliansimon.com+oil+renewable http://www.google.com/search?q=site%3Awww.juliansimon.com+oi... contrary to common belief, category 3 resources (including oil) are all renewable.

pxlpshr 18y ago
I hope the following generations lose this mentality. That was the most short-sighted rebuttal I've read.
- DabAsteroid 18y ago
  It wasn't a rebuttal. It was a question. Why do you think it was short-sighted?
  - ryanwaggoner 18y ago
    You didn't even provide direct links to the "evidence" you were presenting. Links to Google search results pages to back up your statement? Really?
    - DabAsteroid 18y ago
      Google results are often more useful and interesting than direct links. Did you have trouble finding these links within the provided googles?: http://www.eia.doe.gov/iea/overview.html http://www.eia.doe.gov/iea/overview.html http://hubbert.mines.edu/news/Youngquist_98-4.pdf http://hubbert.mines.edu/news/Youngquist_98-4.pdf http://www.juliansimon.com/writings/Articles/EXTROPYA.txt http://www.juliansimon.com/writings/Articles/EXTROPYA.txt http://www.juliansimon.com/writings/Ultimate_Resource/TCHAR11.txt http://www.juliansimon.com/writings/Ultimate_Resource/TCHAR1... http://www.juliansimon.com/writings/Articles/NATRESOU.txt http://www.juliansimon.com/writings/Articles/NATRESOU.txt Links to Google search results pages to back up your statement? Are you meaning to imply that you contest either that the Earth's crust contains ~2.1 quadrillion barrels of oil, or that world society currently consumes ~80 million barrels of oil per day?
      - pxlpshr 18y ago
        I have a problem with your sources, specifically julian simon, as it primarily cites research dating back to the 1980's and does not take into account a lot of factors that are placing significant pressure on the CURRENT supply of oil TODAY. A good analogy is a human and blood. Our bodies naturally regenerate blood... but we can't possibly donate blood on a daily basis and expect to survive. What blows my mind is that you're stubborn about NOT innovating (job creation, less dependence on others -- specifically middle east), while both parties in the presidential race seemingly agree on one thing: we need to curb our dependence on oil.
        DabAsteroid 18y ago
        a lot of factors ... are placing significant pressure on the CURRENT supply of oil TODAY. You are referring to the surplus supply? How do you figure that surplus supply should push prices up? http://www.engdahl.oilgeopolitics.net/Financial_Tsunami/Oil_Speculation/oil_speculation.HTM http://www.engdahl.oilgeopolitics.net/Financial_Tsunami/Oil_... Compelling evidence also suggests that the oft-cited geopolitical, economic, and natural factors do not explain the recent rise in energy prices can be seen in the actual data on crude oil supply and demand. Although demand has significantly increased over the past few years, so have supplies. Over the past couple of years global crude oil production has increased along with the increases in demand; in fact, during this period global supplies have exceeded demand, according to the US Department of Energy. The US Department of Energy’s Energy Information Administration (EIA) recently forecast that in the next few years global surplus production capacity will continue to grow to between 3 and 5 million barrels per day by 2010, thereby “substantially thickening the surplus capacity cushion.” . http://www.google.com/search?q=%22there+is+no+gas+shortage%22 http://www.google.com/search?q=%22there+is+no+gas+shortage%2... In January of this year, the U.S. used 4% less petroleum than we did a year ago. (Oil demand was down 3.2% in February.) Furthermore, demand has been falling slowly since July of last year. Ronald Bailey of Reason Online has pointed out that worldwide production of oil has risen 2.5% in the first quarter, while worldwide demand has grown by only 2%.

natrius 18y ago

So many people work for oil companies in Texas that I doubt state funding of competitors would be politically feasible. Also, I doubt that more funding is what is needed to get us off of oil. There's a lot of money already being invested in solutions, though as a Texan, I'd like to see a vibrant renewable energy industry there as well. State funding of emerging technologies seems like a prudent thing to do to create new jobs within the state, and if Texas doesn't get on the ball, California will draw all of the new companies.