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chicago trip planning, data processing speech & audio processing, living, atlantic / wea, fiction / mystery & detective / general, chicago's museum of contemporary art, h bomb, books: politics and affairs, tour, san diego north coast, ohio, constant weight, Sure, there are alternatives. There are huge bitumen deposits fatman wikipedia encyclopedia reference in Venezuela and Alberta, tar sands that combined hold more than twice the current estimated world reserves of liquid crude oil. But bitumen is costly to refine, a potential environmental nightmare to extract, and right now, only a tiny fraction of the crude in either the Athabasca oil sands or the Orinoco Belt can be recovered. There's a lot of shale in North America, and the process to synthesize crude from shale is fairly old and well known. It fatman wikipedia encyclopedia reference is also water intensive, and not terribly economical right now (because most of the shale is buried out West, where there is very little water). The technology is pretty well established to make synthetic crude oil from coal (lots of North American coal too) or natural gas, or even turkey guts or pig manure – if the price is right.
But the bet, right now, is that it is not. chicago's museum of contemporary art But as demand across the world rises, and the call on the resource increases, the price will likely slowly but inexorably rise. Efficiency and conservation will buy room, but the economic affect chicago's museum of contemporary art of using less and using more efficienctly is equivalent to increased production, and those extra barrels chicago's museum of contemporary art will be used by someone somewhere. And for those wishing for an end to Saudi influence on the oil market, officials with the Bush Administration have said that a 120-million-barrel-pay day world is going to need 20 million barrels each day from Saudi Arabia, making the world more, and not less, dependent on the Gulf kingdom. (One former Aramco executive said 20 million barrels per day will be impossible to reach.)
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