G4ALA
06-30-2008, 11:58 AM
Hi, everyone.
I come from the UK, where we pay around twice what is paid in the USA per gallon of gasoline, in part due to UK tax. We are not the most expensive in Europe, which may surprise any UK readers.
However, US drivers drive much further than we do on our crowded little island. The oil price hike has far less impact on UK drivers than it has on US drivers. It seems to me that the whole of North America is much harder hit than Europe, in part because of the fall in value of the US dollar and in part because of the extra miles driven.
It seems necessary to find an alternative supply of energy.
What has happened to the oil sands? I read somewhere, around 15 years ago, that North American oil sands hold many times more oil that the then total world reserves and distillation and recovery would become economic when the crude oil price reached $30 per barrel. Russia has even more oils sands than North America. Recovery seems to involve heating the sand with energy earlier derived from the sand to distill an oil substitute.
If this is right, then the world is still awash with oil and will be so for a very long time to come.
Is it so? If it is, why are no oil sands being exploited?
I wonder.
73
G4ALA
I come from the UK, where we pay around twice what is paid in the USA per gallon of gasoline, in part due to UK tax. We are not the most expensive in Europe, which may surprise any UK readers.
However, US drivers drive much further than we do on our crowded little island. The oil price hike has far less impact on UK drivers than it has on US drivers. It seems to me that the whole of North America is much harder hit than Europe, in part because of the fall in value of the US dollar and in part because of the extra miles driven.
It seems necessary to find an alternative supply of energy.
What has happened to the oil sands? I read somewhere, around 15 years ago, that North American oil sands hold many times more oil that the then total world reserves and distillation and recovery would become economic when the crude oil price reached $30 per barrel. Russia has even more oils sands than North America. Recovery seems to involve heating the sand with energy earlier derived from the sand to distill an oil substitute.
If this is right, then the world is still awash with oil and will be so for a very long time to come.
Is it so? If it is, why are no oil sands being exploited?
I wonder.
73
G4ALA