- Reaction score
- 0
- Points
- 410
The new electric motors that Toyota is putting in the Highlander Hybrid SUV is more powerful than the gasoline one. It's limitations are centered on Batteries (intolerance to cold, lifespan, price)
The technology is there, it is only a matter of the high price of hydrocarbons providing the impetus for development.
In addition to this, new extraction techniques (horizontal drilling, 02 injection, multi port extraction heads, deep extraction, etc) make the wells that were capped after 25% extraction 30 years ago becoming viable again for salvage production.
I'm not arguing that we are going to run out of oil, and there is a school of thought that states that the peak of production has already been reached. I'm saying that it is not like we don't have a safety net of new technologies, it is there.
Also, our petroleum addiction in terms of lubricants and plastics is a non issue. Less than 5% of total extraction goes to producing lube, and that part of the oil is not usable for many other purposes anyhow. Plastics are made from fuel production by - products. We will be using hydrocarbons in small amounts for uses such as this for a very long time, even after the use of petroleum as a source of energy has largely disappeared.
The technology is there, it is only a matter of the high price of hydrocarbons providing the impetus for development.
In addition to this, new extraction techniques (horizontal drilling, 02 injection, multi port extraction heads, deep extraction, etc) make the wells that were capped after 25% extraction 30 years ago becoming viable again for salvage production.
I'm not arguing that we are going to run out of oil, and there is a school of thought that states that the peak of production has already been reached. I'm saying that it is not like we don't have a safety net of new technologies, it is there.
Also, our petroleum addiction in terms of lubricants and plastics is a non issue. Less than 5% of total extraction goes to producing lube, and that part of the oil is not usable for many other purposes anyhow. Plastics are made from fuel production by - products. We will be using hydrocarbons in small amounts for uses such as this for a very long time, even after the use of petroleum as a source of energy has largely disappeared.