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The answer is to lure some of the options/futures/derivatives profits
away and into the tech<br>
area to renew the drive to reduce energy use by expanding the virtual
technologies.<br>
<br>
Smart energy management technologies become highly cost effective and
there is a strong incentive<br>
to develop and purchase them.<br>
<br>
High energy industries like travel, physical product distribution and
agriculture are skewered initially.<br>
<br>
High fuel will force annual agriculture with brute force machines to
convert to perennial agriculture,<br>
pharmaceutical agriculture and fuel biomass agriculture in which food
is an incidental by-product<br>
and thus food supply will dwindle and prices will increase but food
quality and nutraceuticalization<br>
will be increase in order to justify the price.<br>
<br>
So long as debt remains high I hope interest rates will stay down so
that actual risk taking is<br>
favored instead of banking of money in banks instead of direct
investment into risk capital.<br>
<br>
Crisis causes change or rather muffles the excuses to forego
undertaking change.<br>
<br>
In Agriculture I'd like to see novel food sources become more
acceptable as traditional<br>
food escalates in value.<br>
<br>
Worms, beetles, mice, rats, and other small , efficient , short
production cycle food sources<br>
might be just around the corner.<br>
<br>
Instead of 500 cows how about a rat ranch with 500,000 rats or
3,000,000 mice and 300,000,000 dung beetles<br>
to scavange and convert the waste into useable food and medicinal
products?<br>
<br>
A rat farm raising double muscled, white meat CLA, GLA, antioxidant and
nutraceutical loaded GMO livestock?<br>
<br>
Implanting RFID, GPS and biocontrol chips in each rat might make
management more efficient as well.<br>
<br>
Far better than the "soylent vat" stuff.<br>
<br>
<br>
<br>
<br>
-------- Original Message --------
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<th align="right" nowrap="nowrap" valign="baseline">Subject: </th>
<td>[extropy-chat] FWD [U-Tapao] Re: IS IT TIME TO RATION FUEL?</td>
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<th align="right" nowrap="nowrap" valign="baseline">Date: </th>
<td>Sun, 21 Aug 2005 21:55:59 -0700</td>
</tr>
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<th align="right" nowrap="nowrap" valign="baseline">From: </th>
<td>Terry W. Colvin <a class="moz-txt-link-rfc2396E" href="mailto:fortean1@mindspring.com"><fortean1@mindspring.com></a></td>
</tr>
<tr>
<th align="right" nowrap="nowrap" valign="baseline">Reply-To: </th>
<td>ExI chat list <a class="moz-txt-link-rfc2396E" href="mailto:extropy-chat@lists.extropy.org"><extropy-chat@lists.extropy.org></a></td>
</tr>
<tr>
<th align="right" nowrap="nowrap" valign="baseline">To: </th>
<td>ExI chat list <a class="moz-txt-link-rfc2396E" href="mailto:extropy-chat@lists.extropy.org"><extropy-chat@lists.extropy.org></a>,
<a class="moz-txt-link-abbreviated" href="mailto:skeptic@listproc.hcf.jhu.edu">skeptic@listproc.hcf.jhu.edu</a></td>
</tr>
</tbody>
</table>
<br>
<br>
<pre>Forwarding from another list...
Terry
I agree spomething has to be done. What was a robust economy will
soon be in recession or at least diminished growth. I'm not as bent
out of shape over the oil companies as they don't set the price of
oil, they simply drill and refine. I think the commodity traders are
out of control at the moment. They drive up the price of oil for
almost any reason and NONE of them ever happen. So, here are my
thoughts grounded in the simple fact that for the short term, WE HAVE
NO CHOICE BUT TO USE OIL.
1) Conservation - I too would like to see a sizable reduction in
consumption. I would offer huge tax incentives for fuel efficient
vehicles. Deduct 10% of the vehicle cost for each 1 mpg over 20 the
car gets. This would not hurt Detroit because they now produce many
vehicles that get milage in this range. And many people who own large
SUVs and pickups would migrate to more fuel effcient cars. Those who
love large vehicle would pay extra as they do not get the tax write-
off. (this doe interfere with my flat tax idea but I can only save
the world one step at a time ;^))
2) Drill dammit just drill - there is oil out there and can be
processed with today's technology. Be environmentally friendly but
drill - for the short term we must have oil. I don't know how many
studies Congress needs but drill for the oil. If a few bugs, bears,
snakes or moose are unhappy so be it.
3) Standardize the fuel grades - for heavens sake how many different
fuel formulas do we need in this country? There are far too many -
have a winter and summer national standard and let the refineries
optimize for these formulas and reduce the cost of processing.
4) More refineries - none in 30 or so years? Why? EPA regulations?
5) Nuke em - hell electricity in France comes from nuke power why not
us?
6) Start the future now. - Start a program similar to NASA to define
and build the infrastructure for the next generation of fuels -
hydrogen or whatever. Set a goal to use 50% less oil by 2030.
Oh well I guess I can dream
Cheers,
Larry
--- In <a class="moz-txt-link-abbreviated" href="mailto:U-Tapao@yahoogroups.com">U-Tapao@yahoogroups.com</a>, "Lou Georgieff" <a class="moz-txt-link-rfc2396E" href="mailto:lou.g@s..."><lou.g@s...></a> wrote:
OPEC, the oil companies and refinery's are having a field day at
your expense. They are all making massive profits while some
Americans are required to cut back on food and medicine.The gas
station owners isn't responsible for the gouging because a large
percentage of his profits go to the credit card companies. The
refinery's don't have any comp editors because we have made it
impossible to comply with the EPA standards so no new units are
built. Stupidity is rampant. We listen to a few minority groups and
pay the price.
> I think the answer is in congress.We should look seriously at
rationing fuel and use a 20% reduction as a guide.The price of oil
would drop at least $25 dollars a barrel because the hedge funds
would bail out and leave no one to buy the $66 dollar oil the very
minute the proposal is made.
> There is no shortage of oil but there is a shortage of courage by
our congress to do what is right for the citizens they represent. In
the mean time I buy five gallon of fuel at a time and if we all did
that the refinery would be over run with fuel and have to drop their
price because there is no where to store it.
> There is fool born every day and nine men to take him and I think
it is clear we have been taken.
> The next time a candidate is running for office and has taken a
dime from oil or car manufacturers think twice before you vote for
them, and please vote.
> Don't you think we should stop talking about the alternatives to
gasoline and do something about it? The problem with America is 5% of
the people squeal and 95% pay for their mistakes.
--
"Only a zit on the wart on the heinie of progress." Copyright 1992, Frank Rice
Terry W. Colvin, Sierra Vista, Arizona (USA) < fortean1 at mindspring.com >
Alternate: < fortean1 at msn.com >
Home Page: <a class="moz-txt-link-rfc2396E" href="http://www.geocities.com/Area51/Stargate/8958/index.html">< http://www.geocities.com/Area51/Stargate/8958/index.html ></a>
Sites: * Fortean Times * Mystic's Haven * TLCB *
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veterans, Allies, CIA/NSA, and "steenkeen" contractors are welcome.]
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