Slitely OT:Why EV's (and PV) are inevitable
Last updated: Wed, 08 Feb 2012 08:18:34 -0800
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I don't know how many of you folk read the Journal "Nature" which is fairly technical, highly peer reviewed. There is a short article in the January 26th issue
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Nature Commentary: “Climate policy: Oil's tipping point has passed”, James Murray1 & David King
Nature, Volume 481, Pages: 433–435, 26 January 2012, doi:10.1038/481433a
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that has 2 significant (to me) graphs.
the first shows that oil has hit a ceiling of production of ~74 million barrels per day, no matter what the demand, and how this inelasticity is causing oil price spikes, hence the wild swings of oil (and gas) prices since around 2004 onward
(Oil price mirrors gasoline prices fairly well from graphs i have)
the second graph shows a scatter plot with an abrupt phase shift of elastic to inelastic around also 2004-2005, pointing to how now matter what, we are not going to get more than 74 million barrels per day.
This also point to a decrease in supply to me
This says that EV's (and PV on my roof) are inevitable
(There was also a comment somewhere that Oil sands are profitable, when oil is more than $100/barrel)
(hope the graphis gets thru, if not, here is link) http://www.skepticalscience.com/Climate-Policy-Peak-Oil_U-Wa[..]
J Murray, U of Washington/D King, U of Oxford/Nature
Source: US Energy Information Administration Annual Energy Outlook 2011
-------------------------------snip-----------------------------
Nature Commentary: “Climate policy: Oil's tipping point has passed”, James Murray1 & David King
Nature, Volume 481, Pages: 433–435, 26 January 2012, doi:10.1038/481433a
---------------------------------------------snip------------------------------------------------------------
that has 2 significant (to me) graphs.
the first shows that oil has hit a ceiling of production of ~74 million barrels per day, no matter what the demand, and how this inelasticity is causing oil price spikes, hence the wild swings of oil (and gas) prices since around 2004 onward
(Oil price mirrors gasoline prices fairly well from graphs i have)
the second graph shows a scatter plot with an abrupt phase shift of elastic to inelastic around also 2004-2005, pointing to how now matter what, we are not going to get more than 74 million barrels per day.
This also point to a decrease in supply to me
This says that EV's (and PV on my roof) are inevitable
(There was also a comment somewhere that Oil sands are profitable, when oil is more than $100/barrel)
(hope the graphis gets thru, if not, here is link) http://www.skepticalscience.com/Climate-Policy-Peak-Oil_U-Wa[..]
J Murray, U of Washington/D King, U of Oxford/Nature
Source: US Energy Information Administration Annual Energy Outlook 2011
