Well, that's easy enough to do.
For example, John Kerry has said he wants to stop building up our emergency reserves in order to drop the price of a gallon of gas.
Given that we are currently at war with an opponent that has shown the willingness to blow themselves and their own countrymen up in order to prevent a little freedom from creeping in to the Middle East, is there anybody (other than John Kerry) who thinks it would be a good strategy to keep our strategic reserve at anything other than maxed out?
OK, maybe one or two of you out there thinks the strategic reserve isn't that important, that lower prices at the pump outweigh our nation security. Just how much does the strategic reserve affect gasoline prices?
Well, let's just check it out. From the same story, we see that the strategic reserve is drawing of about 150,000 barrels a day. Oil is traded at a rate of 86, 000,000 barrels a day. Whipping out the trusty pocket calculator, the strategic reserve is tapping a whopping 0.17% of the global trade. So what does that mean at the pump? The average price for a gallon of gas is $1.80. 0.17% of that is 0.3 cents per gallon. I drive a lot, about 50,000 miles per year. At 28 mpg, I average about 1785 gallons of gas per year. At 0.3 cents per gallon, over the course of a year, I would save $5.36.
And they laughed at the Bush tax cuts as paltry.
Sen. Kerry, if it's all the same to you, I'll sleep better at night knowing the nation's tanks are topped off, and consider it a bargain at $5.00 per year.
I tried to put together a detailed critique of Kerry's energy policy, but in the end had to stop because there are almost no details to critique. As is typical of an election campaign, the Kerry plan is long on sizzle and short on steak. Very rarely do you find any numbers, and never do you see associated costs, although they are quick to point out potential savings. Here's a couple of examples of what I'm talking about. The following headers are directly from Kerry's website.
He plans to use funds from existing fees and royalties to fund research into more efficient cars, and to pave the way for a hydrogen economy. Sounds great, right? He's going to use existing funds in a new way, so we'll get hybrid cars and fuel cells for free.Except that these fees are already funding other projects, which will either have to be cut, or need additional funding (ie a tax/fee increase). Kerry's plan is silent on this. Also, as I've writen about extensively, hydrogen as an energy source suffers a myriad of problems, chiefly that the cheapest way to get hydrogen is through steam reformation of methane, a process that take more energy than it produces, not to mention releases all those nasty greenhouse gasses we're trying to avoid. Using more energy in an attempt to save energy is a strategy only a Democrat could love.
Hmmm. According to the most recent 4 week average, we produced 5.6 million barrels per day, and imported 9.4 million barrels per day, which gives us a total consumption of 15 million barrels per day. Kerry claims that only about 2 million of that comes from the Middle East, which while true is misleading, since the amount of oil we import from OPEC is about 4 million barrels per day, with the balance coming from non-Middle Eastern nations, which means that even if we did cut our usage by 2 million barrels a day, we'd still be dependent on OPEC, which means by default, the Middle East. The problem is that the OPEC cartel controls roughly 40% of global crude supply, which means they will set global price regardless of which country we actually buy our oil from.To be fair, I support reducing our dependence on oil, whether foreign or domestic. However, we need to have a realistic plan for doing so. According to his website, Sen. Kerry plans to achieve this reduction by requiring an increase in the CAFE standard to 37mpg by 2015. What's not mentioned on the website is that he plans to require that this standard be applied to light duty trucks as well as passenger vehicles, so while he claims to support the people's right to drive an SUV if they want, he supports standards that are impossible to meet. Just a little political sleight of hand between friends, right?
I simply have to quote this entire block. See if you can detect one hint of a credible plan to achieve this goal:
While John Kerry believes our nation needs a strategy to reduce dependence on oil today, he knows we can harness technological innovation and ingenuity to develop a hydrogen-based economy for the future. Hydrogen has great promise as a clean, domestic, and reliable energy source for the future. It has the potential to power our cars at 100 miles per gallon without pollution and, with the right technology, can be produced efficiently from natural gas and coal. Eventually, John Kerry believes that we can build a truly clean and secure economy based on hydrogen -- a clean fuel that we can eventually get entirely from renewable sources from our farms, the wind, solar energy, hydropower and geothermal sources.
Lies, lies, and damned lies. No technology can produce hydrogen from natural gas or coal efficiently because it's always going to be a losing proposition. It will always take more energy to produce the hydrogen than will be contained in the hydrogen. Why introduce a useless transformation that costs you energy? The rest is sizzle, but no steak. No mention of the limitations of using renewable energy sources to develope the hydrogen, or the scale on which they would have to be used in order to bring us to a hydrogen based economy. The bottom line is that, if we had the alternative energy source capacity to generate the hydrogen, we wouldn't need the hydrogen! Nope, not the faintest whiff of reality, just pie in the sky for you and me.
OK, that's enough. The rest of the plan is even worse, exhuming tired solutions that have already been dismissed as overly expensive and inadequate. Expanding the brning of coal and natural gas? If we're using them to make hydrogen, we won't have any left to burn for other processes. 20% of power coming from renewable sources? Hell, you can't even put up a windmill anymore without somebody filing a lawsuit because you're blocking the migratory route of the Lesser Michigan Loon or some such idiocy.
Oil is going to run out, and it's going to be fairly soon, within my kid's lifetimes, if not my own. We need a serious energy policy, not one crafted to offend as few people as possible. Alternative sources cannot meet the demands of modern society. Either we accept a drastically reduced standard of living, including a re-education in the Malthusian doctrine (it takes a significant amount of energy to feed 6 billion people), or we look to maximize our use of the technologies that have the potential to replace oil. That isn't hydrogen, not today, and probably not for several decades.
Posted by Rich at April 2, 2004 1:41 PM | TrackBackHey you big people! Me not troll big fella....me dwarf! Where you get brains anyway? You been spendin too much time at Wallmart...
Posted by: Glurp the Gully DWARF on April 2, 2004 10:18 PMMost gracious apologies my dimimuitive guest! I've corrected the error, along with what I hope is a convincing apology.
Posted by: rich on April 3, 2004 6:54 PMHrmph. Looks better. You be careful or Glurp delink you!
Posted by: Barry on April 4, 2004 10:54 PMMaybe you could locate data showing the price of gas in todays dollars from the 70's-2004. I seem to have read that gas was about .25 higher in 1981 than today (in todays dollars of course). Anyway, I don't think the skys falling because gas prices cost me an extra $10 a month. There are too many chicken littles running around...:)
Posted by: Justin on April 5, 2004 6:35 PMIt's easy enough to criticize the fluffy plans of politicians. Is there actually a "serious energy policy" out there somewhere? Does Bush have one? What does a serious energy policy look like?
Posted by: Hellbent on April 6, 2004 10:54 AMHellbent, I've never seen a "serious" energy policy, not even from Pres. Carter, who created the department in the first place. (Which incidentally is a good argument for abolishing the damned thing. If it isn't producing anything useful, why are we paying for it?)
A coherent energy policy has to take into account certain facts.
1. Oil is going to run out and fairly rapidly. Opening new reserves and using technologies to refine previously unusable stocks will only prolong the end by a few years.
2. Renewable resourse technology is far from being able to take on a significant share of the enrgy burden without painful levels of investment in R&D, paid for at the pumps.
3. The hydrogen economic model is a myth. hydrogen is an energy storage medium, not a generating medium.
4. Nuclear power will have to form a significant portion of our energy plan. It's the only technology that's feasible, developed, and ready to roll.
5. remaining dependant og forign sources for our energy is no longer acceptible. The US needs to be energy self sufficient as quickly as possible, but any rational plan to achieve that goal will be measured in decades, not years.
I'm sure there's a few I've left out, but if a plan does not address each of those 5 factors, it is a fantasy.
Posted by: rich on April 6, 2004 2:33 PMI challenge that "OIL is going to run out soon" Statement. It has been thrown about for 4 decades now. Time to put it in the grave. The 19th century theory that OIL comes from dead dinosaur is as dead as those dinosaur. In 1996 (IIRC) it was discovered that the Texas Dome that had been pumped dry in the 50's is filling back up. That is just one of many problems with the dead animals = OIL theory. The current theory is that OIL forms between the mantel and crust and then ozzes out. Problems with that one too, but at least the heat and pressure numbers work out, which they don't with the dead dino theory. Now if you were to claim that the cheap, easy to get oil is running out, then you would be right. But if the natural element theory of OIL is right then you can drill anywhere and find OIL, it's just closer to the surface (cheaper to get at) in some places then others. The energy source of the future is "tiny bubbles". It will be 10 to 20 years though, unless Min comes through.
Posted by: ableiter on April 7, 2004 7:30 PMRich, I think your outline of a serious energy policy is a good start, but you left out some things that I would consider necessary:
1. Public transportation and urban design. We need better rail service, and many cities can improve their bus and subway systems so that they serve more of the population. Good urban design allows people to park their cars for days on end. Most people I know who live in cities like NYC or Boston love that aspect of life.
2. The power of distributed systems. Solar and hydrogen don't look good as large-scale energy solutions, but they can be very effective on small scales. If everyone supplemented their homes with solar water heaters and tiny wind turbines, we could stretch our coal reserves out much farther into the future. Lots of people making a little effort adds up to a big effort.
3. Conservation. Tax incentives can allow market forces to better respond to the need to conserve resources.
You didn't touch on Bush's energy policy at all. Bush was giving lip service to the hydrogen economy in last year's SOTU address. His policies seem similar to Kerry's, but with stupid shit like tax breaks for SUV purchases thrown in to show that he is even less serious about the rhetoric.
Posted by: Hellbent on April 8, 2004 9:54 AM"Oil is going to run out, and it's going to be fairly soon, within my kid's lifetimes, if not my own."
And your evidence is? None whatsoever. Once again, your "shot across the bow" is a shot from the hip. Not a shred of evidence. And once again, you're wrong:
http://www.techcentralstation.com/052704F.html
When you have nothing to offer but pure baseless opinion then you have nothing to offer. You're just soaking up bandwidth.
Hey Mike! Glad to know you're still around! It's always nice to have a fan.
For evidence, check here
I first became aware of this model through Jeremy Rifkin, and his book, The Hydrogen Economy. Like you, he favors development of hydrogen fuel cells.
Interestingly, Bjorn Lomborg counters this argument in The Skeptical Environmentalist, claiming, as you do, that we have plenty of oil left. Looking at his book, figure 67 in chapter 11 compares production to known reserves. At first glance, the chart is very reassuring, since it shows nearly 1000 billion barrels of oil in reserve with annual production at a modest 25 billion barrels per year. The assumption is that known reserves will continue to grow at a steady rate, ensuring plenty of oil for many years.
Unfortunately, this is not the case. As Mackenzie discusses, growth in known reserves has tailed off dramatically, despite increasingly detailed searches. It seems clear that, for the most part, what oil there is to find, we've found.
So, let's look at Lomborg's chart once again. 1000 billion barrels of oil remaining vs consumption at 25 billion barrels per year. Even if consumption were to stay flat, known reserves would be exhausted in 40 years. Add in modest growth at 2% per year, and the reserves will be exhausted that much faster. Yes, rising prices will make recovery of shale and sand oil more feasible, but at a tremendous economic cost, raising oil prices to unprecedented levels, and even then, they won't be enough to counter the growth in demand.
There are only two ways that Mackenzie's model may be in error. First, his estimate of EUR may be too low. The USGS may be correct, holding the EUR at 3003 billion barrels instead of about 2000 billion barrels. Unfortunately, that only delays the end by roughly 10 years. Second, global consumption may hold steady, or fall. I don't think anybody finds that likely, given the status of all alternative energy sources.
Unless of course, we see some sort of global catastrophe.
In short, a very strong case has been made that we will run out of oil within my children's lifetime.
Posted by: rich on June 2, 2004 2:17 AM