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ichjw

07/18/05 1:46 AM

#10495 RE: twojugglers #10494

By comparison what is the cost to get the BTU equal amount of
oil out of the ground and in to the gas tank??
just pondering!!

Hank
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Jagman

07/18/05 7:30 AM

#10497 RE: twojugglers #10494

Twojuggies, I suggest watching what the oil companies are doing. They are most effected by the disappearing resource and have the big bucks to develop alternative energy for their future biz. BP is into solar, which also ties into hydogen energy (solar/electrolysis). Follow the bucks:

"BP is primarily an oil company. A division, BP Solar, had an estimated 2000 revenue of $200 million and operations in 150 countries. (The division provides only a sliver of parent company BP's estimated $12 billion annual net.) BP Solar is pouring time and money into research and development with the goal of providing a full range of photovoltaic panels and control components to suit climates and economies all over the world. (Forbes.com, 5-01)
BP p.l.c., formerly known as BP Amoco p.l.c., is one of the world's leading oil companies on the basis of market capitalization and proved reserves. BP Amoco's main businesses are Exploration and Production, Refining and Marketing, and Chemicals. Exploration and Production's activities include oil and natural gas exploration and field development and production, together with pipeline transportation, natural gas processing and gas and power marketing. The activities of Refining and Marketing include oil supply and trading as well as refining and marketing. Chemicals activities include petrochemicals manufacturing and marketing. In addition, the Company has a solar energy business which is one of the world's largest manufacturers of photovoltaic modules and systems. (Yahoo, 5-01)"

More interesting stuff:

http://www.google.com/search?hl=en&q=Oil+companies+involved+in+alternate+energy+projects



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sambeaux

07/18/05 10:49 AM

#10507 RE: twojugglers #10494

TJ, I had thought that myself. It's the American "schmoo effect". Americans can be led to believe anything... with enough advertising.
They wanna believe!