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(UPDATE April 24th) [GM] Joule Creates Renewable Fossil Fuels At Unlimited Quantity. - Page 16

post #151 of 801
Quote:
Originally Posted by Skripka View Post
OPEC controls the supply. So in answer to your rhetorical question-yes they do albeit indirectly....with only 40% of the world's supply of oil, they obviously have very little impact on the supply and cost of gasoline.
Uh 40% is controlled by ONE organization and your post is totally parallel to mine not perpendicular. Supply may be one component, but the price for a barrel of oil coming out of an OPEC nation is nearly congruent with all other sources if not mathematically identical. Combine that with taxes, and oil companies turn a very small margin per gallon sold for mainstream transportation. Furthermore, products such as jet fuel- due to the vast quantities needed- turn even smaller margins.

Its no the oil companies, sure they make a killing though. But if they only broke even gas prices wouldn't drop at all per gallon. It would be like filling up for 75.68 versus 76.08. Thats nothing.
    
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post #152 of 801
nvm...got the answer, pretty cool, would like to see how it turns out when it goes for commercial use.
post #153 of 801
Quote:
Originally Posted by lordikon View Post
Wow, if this is as good as it sounds (it rarely is), then the middle east can kiss our ***. It'd be great to have no dependence on foreign oil whatsoever. However, global warming activists won't be happy about this.



Good point, this will never see the light of day.

How could they not it is essentially carbon neutral right It feeds on carbon dioxide from the air. It would be better for the environment than corn ethanol which is supposedly super stupendous. But yet costs more fuel to make it than you receive. Or the new emission systems on heavy trucks that actually reduce fuel mileage yet is supposed to be better for the environment. How can burning more fuel be better?

So yes I could see how they would hate it. Yup it makes sense it must be wrong.
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post #154 of 801


I can't wait until I can fill up my tank for $30. Science FTW!
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post #155 of 801
Quote:
Originally Posted by gildadan View Post
How could they not it is essentially carbon neutral right It feeds on carbon dioxide from the air. It would be better for the environment than corn ethanol which is supposedly super stupendous. But yet costs more fuel to make it than you receive. Or the new emission systems on heavy trucks that actually reduce fuel mileage yet is supposed to be better for the environment. How can burning more fuel be better?

So yes I could see how they would hate it. Yup it makes sense it must be wrong.
They won't be happy because they spent BILLIONS marketing some circumstantial evidence as a conclusive scientific truth to the masses and if this technology succeeds then it means they lost the war and investors surely won't like to see those organizations disappear.

Look, politics aside, if you really think "Global Warming" or "Climate Change" organizations (or any political affiliation for the matter) are out for your best interest, then you are naive at best.

Why do I love the emergence of this technology? It focuses on a fundamental supply change rather than a conclusive system change while maintaining positives from both. This is truly an amazing development for our society in its current state. Sure one day everyone will have a nuclear reactor under their house and be totally independent, but for now having synthetic organic petrol is a huge step to say the least.
    
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post #156 of 801
Quote:
Originally Posted by stargate125645 View Post
You must have stopped reading once and quoted the second you reached that part of the article. Other than that, your point that this shouldn't prevent us from achieving even better energy sources is definitely worthy.
I read it entirely. Still, one has to be pragmatic: we need resources that can be upscaled without trouble. We don't use petrol because we love its darkness: its easy to transport, doesn't lose value on time, packs a huge amount of power per gallon, etc. Its PERFECT...except for the little fact that its not endless.

Quote:
Originally Posted by codejunki View Post
Give it time, everything just takes time, they just found this technology, let alone to refine it..
Actually, I still don't understand how it can work thermodynamics-wise. Seriously, nothing is free. The more efficient transition matter-energy is done by a fusion reaction...reaction that cant be controlled in a lab, yet (well, yeah it can, but it eats more power than it creates...for the moment).

Now, to artificially create petrol...unless the cost of the petrol rises incredibly in the next years due to petrol being more rare and thus having to drill in more expensive locations, it doesn't get us anywhere. We need to accept that fossil technologies will die when its fuel ends...and so will our economies along its way (due to its price raising)...unless capitalism ends first, that is

Anyway, its nice to see companies stepping in and trying to find solutions. That said, it doesn't mean that the solution they find is of any use, but the harder they try, the luckier they will get

Quote:
Originally Posted by MrDeodorant View Post
Because it would be absolutely unthinkable to break that area up into smaller, more easily managed units, separated enough to vary the weather.
Those areas would still be too big, and lets not talk about what kind of investment one would have to make in order to acomplish this, to mantain it, etc. We are not talking about a few dimes and pennies here. Of course, if they can raise the efficiency exponentially then we are talking about something totally different.

As it is, though, its gonna be a hell better idea to start dropping our thermal plants and start building nuclear plants all over the globe. At least we will be able to stall a little the fuel consumption until we find a useful solution.
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post #157 of 801
screw the v10 f1 cars. Bring back the twin turbo charged f1 cars pushing over 71 psi of boost.
post #158 of 801
seems like i would be hearing more about this if it was actually something.
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post #159 of 801
Quote:
Originally Posted by prava View Post
I read it entirely. Still, one has to be pragmatic: we need resources that can be upscaled without trouble. We don't use petrol because we love its darkness: its easy to transport, doesn't lose value on time, packs a huge amount of power per gallon, etc. Its PERFECT...except for the little fact that its not endless.



Actually, I still don't understand how it can work thermodynamics-wise. Seriously, nothing is free. The more efficient transition matter-energy is done by a fusion reaction...reaction that cant be controlled in a lab, yet (well, yeah it can, but it eats more power than it creates...for the moment).

Now, to artificially create petrol...unless the cost of the petrol rises incredibly in the next years due to petrol being more rare and thus having to drill in more expensive locations, it doesn't get us anywhere. We need to accept that fossil technologies will die when its fuel ends...and so will our economies along its way (due to its price raising)...unless capitalism ends first, that is

Anyway, its nice to see companies stepping in and trying to find solutions. That said, it doesn't mean that the solution they find is of any use, but the harder they try, the luckier they will get



Those areas would still be too big, and lets not talk about what kind of investment one would have to make in order to acomplish this, to mantain it, etc. We are not talking about a few dimes and pennies here. Of course, if they can raise the efficiency exponentially then we are talking about something totally different.

As it is, though, its gonna be a hell better idea to start dropping our thermal plants and start building nuclear plants all over the globe. At least we will be able to stall a little the fuel consumption until we find a useful solution.
@bold - That's where you are wrong my friend. The best things in life ARE free
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post #160 of 801
Gas is $3.09 a gallon here... please lets this come soon I need $.99 gallon.

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Overclock.net › Forums › Industry News › Technology and Science News › (UPDATE April 24th) [GM] Joule Creates Renewable Fossil Fuels At Unlimited Quantity.