big oil sitting on NON-EASY-FOSSIL energy sources & synthetics

big oil sitting on NON-EASY-FOSSIL energy sources & synthetics

Peak EASY-FOSSIL oil is a reality
BUT
I'm guessing big oil is sitting on all kinds of synthetics and alternatives.

They want to use up EASY-FOSSIL fuels first because they're most profitable.

They will drill below the oceans w/o objection when people have had enough of higher prices.

They are afraid of the marketplace shifting to alternatives they can't control (for now) including people staying home and/or walking more and/or buying "on a short daily leash" electric autos.

Note the recent pullback in US gasoline prices in May, 2011 when regular (87 octane) grade gasoline prices were around $4 in some places, $4.50 in others, or in between.

I think this will happen over and over each time making it easier for big oil to:

drill offshore.

introduce alternatives for which they already hold patents but won't use for now and/or are trying to get and/or buy:
* "much longer leash" electric autos as opposed to the expected 2012 VW fuel cell auto providing 93 miles per charge.
* fusion technology for which Italy and the US have applied for patents.
* biofuels for which they already hold the patents and are already listed on each gas pump: ethanol (crops), methanol (animal waste).
* "derivatives" for which they already hold the patents and are already listed on each gas pump.
* shale oil (vast amounts in the US).
* coal oil.
* natural gas.
* hydrogen technology.
* other technology (E.g., circa 1995, I personally saw continuous, unstopping electricity created from a chemical reaction).

I think peak EASY-FOSSIL oil is a reality but not synthetics and alternatives.

NEVER FORGET WE'RE DEALING WITH SOCIOPATHS WHO DON'T THINK OR ACT LIKE THE REST OF US.

THINGS ARE BAD ENOUGH BUT THERE IS NEVER TIME FOR EXAGGERATION.

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