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In 1970 a Hewlett-Packard hand-held calculator that would add, subtract, multiply, divide, figure square roots, and calculate percentages cost $700. In 1990 they were five bucks. Today they are given out like business cards as novelty gifts. I had a half dozen of them in my desk drawer when I retired.
Once it catches on it won't be long before you will see the same curve. I hope to see petroleum fuels become semi-obsolete in my lifetime. I'm certain that my grandchildren will view gas-burning SUVs as quaint old dinosaurs when they are my age, something to tell their grandchildren about.
You may want to consider investing in green technology. That is where the smart money is going to be, and fairly quickly.
Compare that to gas at $3.50/gallon and 25 miles per gallon - that's 7 miles per dollar for a conventional gasoline powered car.
When/if hydrogen drops to $30/gallon (per your link) then hydrogen increases to an impressive 10 miles per dollar.
Someday, oil will run out, and gas will be a lot more expensive. Hydrogen fuel cell technology is not cost-effective right now, but some day it will be.
I don't think we will run out of oil, but eventually there will be a shorter supply. The main issue with green energy is the practicality of it. Right now it isn't practical. We have the technology now to run cars and trucks on cleaner, more efficient natural gas. Problem is the lack of locations that you can buy it. It takes a lot of time to build an infrastructure to change a nation. It isn't something that happens over night. We currently have available in this country, enough oil and natural gas to keep us going for decades. I agree we need to explore other options, but we have to be able to survive with what we have in the meantime.
It's new. Costs for everything is more expensive when they first come out. What did a Plasma TV run a few years ago? $3000 or something like that? Now Wal-Mart sells them for a few hundred.
New technology is cool except when the government is trying to pick which ones to back.
It's new. Costs for everything is more expensive when they first come out. What did a Plasma TV run a few years ago? $3000 or something like that? Now Wal-Mart sells them for a few hundred.
New technology is cool except when the government is trying to pick which ones to back.
What you mean those rolling fire bombs? No thanks..
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