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They'll never stop drilling. But there's hope in solar. Check out the chart in this article. http://www.bloomberg.com/news/2014-10-29/while-you-were-getting-wor
by oldspiceman 12y ago
They'll never stop drilling. But there's hope in solar. Check out the chart in this article. http://www.bloomberg.com/news/2014-10-29/while-you-were-getting-worked-up-over-oil-prices-this-just-happened-to-solar.html http://www.bloomberg.com/news/2014-10-29/while-you-were-gett...
- danieltillett 12y agoThey will never stop drilling because oil is an amazingly useful resource - using it as a source of energy is about the least useful thing you can do with it.
- lunarcave 12y agoExplain?
- guard-of-terra 12y agoEverything is made out of plastic, and plastic is made out of oil.
- seren 12y agoPlus our agriculture in the first world is heavily dependent on fertilizers, that are mostly oil based. We are eating oil by gallons.
- jjoonathan 12y agoFertilizer is oil based? I thought plants got almost all of their carbon from the air. Are you talking about the hydrogen feeding into the Haber process? Because most of that comes from gas-shifted water and IIRC the energy and carbon for gas-shifting water comes from natural gas. The nitrogen itself comes from air, of course.
- seren 12y agoApparently, I was wrong, thanks for pointing it out, it seems to be actually natural gas dependent.
- danieltillett 12y agoPetrochemicals http://en.m.wikipedia.org/wiki/Petrochemical http://en.m.wikipedia.org/wiki/Petrochemical
- cowsandmilk 12y agoAnd yet, the majority of petrol is used on energy[1]. Replacing its use for energy will reduce drilling. Other uses will adjust to a smaller supply through adjustments to the cracking operations that will shift the remaining petrol to making chemicals. [1]http://www.eia.gov/dnav/pet/pet_pnp_pct_dc_nus_pct_m.htm http://www.eia.gov/dnav/pet/pet_pnp_pct_dc_nus_pct_m.htm
- seren 12y agoEven if those kind of graph are bringing hope, we have to remember that oil is both a source of energy (by burning it) and a compact and cheap way to store energy. A solar panel is only the former. So comparing the cost of energy production is only half the story.