Reducing the impact of High Oil prices
Pure lithium is very reactive. It reacts vigorously with water to form lithium hydroxide and hydrogen gas. Thus, a non-aqueous electrolyte is typically used, and a sealed container rigidly includes water from the battery pack to cause a chain reaction which can harness the reaction, creating the *next generation of energy devices.(*Copyrighted by the United Nations) http://www.youtube.com/watch?hl=en-GB&gl=SG&v=v7abq34mckg
“Fracking is the process of pumping water and chemicals into the soil to extract oil and minerals, and in the process, it destroys the environment, there is no shortcut to this process, and should be banned, nobody is stupid enough to compromise the environment just to extract oil, the damage is irreversible. Therefore oil prices will continue to rise rapidly, until the world will use it mainly for aircraft fuel, where there is no replacement.”
Oil prices will continue to rise and more will move away from petrol consumption thru the use of hybrid cars that will use highly efficient battery powered batteries using H2O where we are coming to a breakthru with highly efficient petrol engine which consume very little petrol. The other alternatives will be the bio-diesel engine where the production of biodiesel will increase tremendously thru the use of improved production technics using waste oil, ethanol cracking facilities using waste products like plastics, waste crops and a combination of all three. Solar and Wind energy will see increased use until the time when a solution is found using nuclear fission in about 50 years time. Do not concentrate on producing huge capacities of low efficient petrol engines anymore. Oil can be used to produce plastic products and waste plastics can be also converted back to biodiesel. You will see widespread use of electric bikes and motorcycles in city areas, only petrol motorcycles you can see in the countryside. Oil prices will continue to rise up to US$200 a barrel by end 2014, where most of the demand will be aircraft fuel for travel and petrol vehicles explosion, by then, most cannot afford petrol vehicles anymore, Asia will adopt widespread charging stations for the explosion of electric bikes and motorcycles which will cost about Rmb$5,500/S$1,100 average, and due to low cost of charging and pollution problems. Hybrid cars will also drop in price, and the introduction of biodiesel cars will also be popular. The most popular will be a totally new hybrid of biodiesel buses/trucks/commercial vehicles which also uses electric power. So all carpark owners could derive an additional income soon, I based my research on what is happening in the US markets, and with the increasing demand of alternative solutions in China, this will definitely happen. There will be only two outcomes, every country will demand that the US customised the technology to suit their needs in order to penetrate their markets, or everyone will develop their own version of the technology, want to fool around with me? A global market technology will suddenly find no markets.
– Contributed by Oogle.