|Updated: 3/21/2007; 7:42:43 AM.
Renewables, fuel cells, hydrogen, and efficiency
Monday, March 05, 2007
Oil Innovations Pump New Life Into Old Wells: Update on technologies for recovering the 2/3 of oil that conventional drilling leaves in the ground. A theme covered in depth in the January 2001 Atlantic. Bottom lines for me is that I don't believe we're close to peak oil as long as oil prices rise to pay for technology; and that $50 per barrel can fund a lot of secondary recovery technology to keep oil flowing. Oil use should be cut for environmental and security reasons; economics and resource availability reasons will not help. 11:30:26 AM
Copyright 2007 © Ken Novak.
Last update: 3/21/2007; 7:42:43 AM.