> The venerable Goldman Sacks ....
>
> Finally made the gutsy call, adding a respected voice to the
> whispers. That oil is on a steady march towards USD 200. Its
> projection is USD 150-200 by the end of next year. That will
> certainly hurt quite a bit.
>
> Because that translates into USD 8-10/gallon of gas .... :)
rst0wxyz:
> It's the downfall of the mighty America,
> unless they can adjust to electrical cars.
> http://www.energy.ca.gov/electricity/electricity_generation.html
demorising:
> Electricity grows on tree? You have to make the electricity some way.
300K Gigawatt Hours ....
Was the total annual electricity consumption of the People's
Republic of California last year. Of which, 6K+ GWH was from
organic source (biomass power generation).
Therefore, 2% of the state's electricity did grow on trees.
On the other hand, oil fired power plants accounted for only
about 0.1K GWH, or 0.03%. Nuclear, hydro and geothermal form
-ed the backbone of its 7x24 base load. Its coincidental de-
mand was met by outputs from natural gas. solar, wind, tidal
and wave powered plants all over the state.
Electric auto, is one sensible solution .... :)
Regards,
Albert K. Fung
Casa Tres Palmas, Santa Ynez, California, USA.
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