Recently I had a conversation with a brilliant engineer and scientist about growing our fuel that is to say Bio Fuel planted, cultivated and harvested by Farmers not from drilling, pumping, transporting and refining by the Oil Companies. He indicated that; "Bio fuel will be produced by farmers not oil companies." After doing some checking I discovered that farmers can only at max produce 6-8% of our total diesel needs now, but still that is a lot of fuel. It is about the amount of Diesel Sales of Knoxville Based Pilot Truck Stops in the US pumps each month. So this is one way to modify our supply issues against the demand of a nation, which is driven by the fuel, which drives our economy. One item, which is a problematic issue, which is unresolved, is who is paying for the water during droughts when there is none? Remember the recent long-term Western, Midwestern droughts. What about crop failures? If we think price spikes in crude oil commodity markets are bad now, what if... we have issues with growing and it is our fuel? Unpredictable price spikes would kill airlines and trucking. Somewhat serious for rail, but they have more storage capacity. What about military reserves, we cannot open that valve to commercial markets every time there is an issue with price causing disruptions in distribution to our nation without a greater risk. I mean, the concept sounds cool and all but refining is still an issue and this means lots of capital investment and time to build. Eight percent Max would draw down Supply side spikes, but could also cause them. And why would those producing the Bio-diesel or bio fuel bother selling the Bio-Diesel here, when they can get double for it in the China in the near future, as they are entering their industrial revolution and will be an energy hungry nation, of which this world has never seen? World Markets and one world peaceful economies dictate price, we would not necessarily over come the market reality of world currencies or the up and coming super powers and their needs; India and China. Now with that said I am not against the try for 8% of our nations fuel coming from Bio-Fuels in fact I kind of fancy the ideas, but know all the ramifications prior to moving that Knight to the black square, you see? Thus we need a real reality based look-see into all the possible futures and 13 moves ahead if we are going to play the game this way. We do not need any more crises coming from unintended consequences of an ill-conceived created reality, by silly humans. With that said, let's be honest with all the issues, including those no one is willing to talk about and continually sweep under the proverbial civilizations carpet. Think here and be rewarded with abundance of energy. |
