Quote:
Originally posted by Undertoad
If the chicken guts solution can produce crude oil at $10/barrel, including the cost of getting the guts to the processor, it will be successful no matter who writes magazine articles about it. If it can produce it at $50/barrel, it's of little use. All we have to do is wait, because economic incentives will force it to be used if it really does work well.
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AMEN.
But you have to factor in things like 9/11 and the $150 Billion spent in Iraq so far when you talk about energy economics. The US involvement over the years ($$$) in the Persian Gulf is all about keeping the oil flowing.
Oil is a hell of a lot more expensive to the US taxpayer than it appears at the pump.
As long as the government is meddling in things, why shouldn't it meddle in favor of alternative energy instead of in favor of Mid East oil? The chicken guts just appears to me to be the most promising at this point.