|
DNKYD
Turtle!

Registered: 09/23/04
Posts: 12,326
|
Exxon executive: stop trying to become energy independent
#5277762 - 02/08/06 02:11 PM (17 years, 11 months ago) |
|
|
Exxon: Bush's energy goal 'not feasible'
February 8, 2006: 8:26 AM EST
HOUSTON (Reuters) - The United States will rely on foreign imports of oil for the foreseeable future to feed its energy needs and should stop trying to become energy independent, a top Exxon Mobil Corp. executive said Tuesday.
"Realistically, it is simply not feasible in any time period relevant to our discussion today," Exxon Mobil Senior Vice President Stuart McGill said, referring to what he called the "misperception" that the United States can achieve energy independence.
The comments, in a speech at an energy conference in Houston, come a few days after President Bush told Congress that America is addicted to oil and needs to slash its Middle East crude purchases 75 percent by 2025 by building vehicles that run on alternative fuels.
Many in the United States believe America should wean itself off oil imports from the Middle East, fearing it makes the country dangerously dependent on an unstable region.
The world's largest publicly traded oil company, however, says hoping to end foreign oil imports is not only a bad idea, but also impossible.
"Americans depend upon imports to fill the gap," McGill said. "No combination of conservation measures, alternative energy sources and technological advances could realistically and economically provide a way to completely replace those imports in the short or medium term."
Instead of trying to achieve energy independence, importing nations like the U.S. should be promoting energy interdependence, McGill said.
"Because we are all contributing to and drawing from the same pool of oil, all nations -- exporting and importing -- are inextricably bound to one another in the energy marketplace," he said.
Expensive enterprise Exxon wasn't the only one attacking U.S. energy policy at the conference.
A top executive at Chevron Corp. (Research), the No. 2 U.S. oil company, said America was sending confusing signals by encouraging production growth with a new energy law, but derailing investment by considering special taxes on oil company profits.
"In terms of energy policy, the U.S. seems to be sending mixed messages," George Kirkland, executive vice president at Chevron, told the conference.
The top oil companies have posted record profits as consumers face higher gasoline and home heating bills, renewing Congress' interest in imposing punitive tax measures on those profits.
At the conference, Exxon (Research) again defended its more than $36 billion in annual profit last year as far from excessive, pointing out that 2 to 3 million American shareholders enjoyed part of that windfall.
It also said its profit margins were in step with the national average for major U.S. industries and that fuel prices are lower than the price of other liquids such as bottled water.
"The disconnect arises from the difference in the volumes and costs involved in the petroleum business," McGill said. "Producing and delivering energy is an expensive enterprise."
-----------------------------------
Yeeeeeah...... sure thing, buddy!
|
Le_Canard
The Duk Abides

Registered: 05/16/03
Posts: 94,392
Loc: Earthfarm 1
|
Re: Exxon executive: stop trying to become energy independent [Re: DNKYD]
#5277797 - 02/08/06 02:25 PM (17 years, 11 months ago) |
|
|
I wonder what his cut of the profits are?
|
OneMoreRobot3021


Registered: 06/06/03
Posts: 61,024
Loc: the sky
|
Re: Exxon executive: stop trying to become energy independent [Re: Le_Canard]
#5277806 - 02/08/06 02:26 PM (17 years, 11 months ago) |
|
|
Ulterior Motives? Exxon? Surely you jest!
-------------------- Acid doesn't give you truths; it builds machines that push the envelope of perception. Whatever revelations came to me then have dissolved like skywriting. All I really know is that those few years saddled me with a faith in the redemptive potential of the imagination which, however flat, stale and unprofitable the world seems to me now, I cannot for the life of me shake. -Erik Davis
|
RandalFlagg
Stranger
Registered: 06/15/02
Posts: 15,608
|
Re: Exxon executive: stop trying to become energy independent [Re: DNKYD]
#5277847 - 02/08/06 02:35 PM (17 years, 11 months ago) |
|
|
Everything that executive said is true. America needs a ton of oil. It uses far more than it produces. There is no feasible way at the moment to become energy independent. It is pointless to attempt to do something that cannot possibly be accomplished.
All of this "Green" crap like bio-fuels and stuff is bullshit (i.e. you have to put more energy into it than you get out of it).
|
Konnrade
↑↑↓↓<--><-->BA



Registered: 09/13/05
Posts: 13,833
Loc: LA Suburbs
Last seen: 8 months, 26 days
|
Re: Exxon executive: stop trying to become energy independent [Re: DNKYD]
#5277941 - 02/08/06 02:57 PM (17 years, 11 months ago) |
|
|
He meant what he said. The united states can't become energy independent.
Of course you have to know his intended meaning. He's not saying can't as in "it is not possible for you to do that". He as saying can't as in "you can't do that! we won't stand for it!".
--------------------
I find your lack of faith disturbing
|
TheCow
Stranger

Registered: 10/28/02
Posts: 4,790
Last seen: 15 years, 6 months
|
Re: Exxon executive: stop trying to become energy independent [Re: RandalFlagg]
#5278171 - 02/08/06 03:55 PM (17 years, 11 months ago) |
|
|
Quote:
RandalFlagg said: (i.e. you have to put more energy into it than you get out of it).
Sort of like all energy creating methods.
|
Irdamage
Autobot

Registered: 11/19/05
Posts: 1,491
Loc: Canada
Last seen: 7 years, 1 month
|
Re: Exxon executive: stop trying to become energy independent [Re: TheCow]
#5278352 - 02/08/06 04:41 PM (17 years, 11 months ago) |
|
|
Well. Were eventually going to have to find alternative methods and stick to them, because the oil wont be lasting for much longer. I suspect that within my, or at the latest my childrens life time we will effectivly run out of the black stuff. While its currently not economically feasable to convert to other methodsof energy. Its still a bloody good idea to at least do some more research on the topic. Besides, they say its not economically possible, however I gurantee the oil will continue to roll in at even higher prices till the very last drop is wrung out from the earth.
|
RandalFlagg
Stranger
Registered: 06/15/02
Posts: 15,608
|
Re: Exxon executive: stop trying to become energy independent [Re: Irdamage]
#5278363 - 02/08/06 04:45 PM (17 years, 11 months ago) |
|
|
Quote:
Irdamage said: Well. Were eventually going to have to find alternative methods and stick to them, because the oil wont be lasting for much longer.
You're probably right. There are two ways to prepare for this; let the free market handle it or have the government try and do it. I surmise that the big energy companies already have a bunch of shit planned out and up their sleeves in regards to the oil running out. After all....they want to keep earning money. They'll figure out something new that will work and they'll sell it to us.
|
Konnrade
↑↑↓↓<--><-->BA



Registered: 09/13/05
Posts: 13,833
Loc: LA Suburbs
Last seen: 8 months, 26 days
|
Re: Exxon executive: stop trying to become energy independent [Re: TheCow]
#5279165 - 02/08/06 08:25 PM (17 years, 11 months ago) |
|
|
Quote:
TheCow said:
Quote:
RandalFlagg said: (i.e. you have to put more energy into it than you get out of it).
Sort of like all energy creating methods.
Well, then there's the threat of N-machines and their ilk which threaten to turn things on their head again. According to some preliminary investigations, they may be putting out more energy than they are putting in, and nobody knows where the hell the other energy is coming from.
--------------------
I find your lack of faith disturbing
|
TheCow
Stranger

Registered: 10/28/02
Posts: 4,790
Last seen: 15 years, 6 months
|
Re: Exxon executive: stop trying to become energy independent [Re: Konnrade]
#5279180 - 02/08/06 08:30 PM (17 years, 11 months ago) |
|
|
Quote:
Konnrade said:
Quote:
TheCow said:
Quote:
RandalFlagg said: (i.e. you have to put more energy into it than you get out of it).
Sort of like all energy creating methods.
Well, then there's the threat of N-machines and their ilk which threaten to turn things on their head again. According to some preliminary investigations, they may be putting out more energy than they are putting in, and nobody knows where the hell the other energy is coming from.
The magnet thing?
|
Konnrade
↑↑↓↓<--><-->BA



Registered: 09/13/05
Posts: 13,833
Loc: LA Suburbs
Last seen: 8 months, 26 days
|
Re: Exxon executive: stop trying to become energy independent [Re: TheCow]
#5279246 - 02/08/06 08:49 PM (17 years, 11 months ago) |
|
|
Yeah.
From what I understand (which is pretty minimal) it's the thing where a cylindrical magnet is spun. For some reason just spinning the magnet generates electricity. And what is the real kicker is that compared to your common generator this kind has something like 500% efficiency.
I didn't verify the accuracy of the source posting this, but if it's true then it's inventor has completely fucked with physics as we know it today. In the US it's literally been squashed. Amateur inventors in the US have had their machines confiscated by the government under bullshit national security excuses. But people in Japan and India are doing sanctioned research into the anomaly. Which means if this is all real and the machine works, the US fucked itself up the ass and will have to be paying foreigners for all of it.
--------------------
I find your lack of faith disturbing
|
TheCow
Stranger

Registered: 10/28/02
Posts: 4,790
Last seen: 15 years, 6 months
|
Re: Exxon executive: stop trying to become energy independent [Re: Konnrade]
#5279266 - 02/08/06 08:55 PM (17 years, 11 months ago) |
|
|
Um...Huh? You are talking about induction, yes induction is real. A change in the magnetic flux creates a changing electric field, which creates current. This is very fundamental. But its not perpetual motion, and therefore you dont get more energy coming out then in. All of the magnet spinning on a wheel ideas dont work, its just not possible. The US isnt confiscating them, thats absurd. What would they want with machines that dont work.
|
Konnrade
↑↑↓↓<--><-->BA



Registered: 09/13/05
Posts: 13,833
Loc: LA Suburbs
Last seen: 8 months, 26 days
|
Re: Exxon executive: stop trying to become energy independent [Re: TheCow]
#5279282 - 02/08/06 09:01 PM (17 years, 11 months ago) |
|
|
Sorry about that, I should have posted the disclaimer that I didn't verify that either. Just a story posted at http://www.mufor.org/nmachine.html
I'm not talking about common induction. That requires either stationary wiring with a moving magnet or a stationary magnet with moving wires. What is described there is a magnet or peice of metal that is charged to produce a magnetic field and is then spun. In the article it is said that Faraday found that doing so produced electricity, which wouldn't seem to make sense according to the way induction is supposed to work.
Is it true? Hell if I know, but it's certainly intriguing.
--------------------
I find your lack of faith disturbing
|
TheCow
Stranger

Registered: 10/28/02
Posts: 4,790
Last seen: 15 years, 6 months
|
Re: Exxon executive: stop trying to become energy independent [Re: Konnrade]
#5279334 - 02/08/06 09:13 PM (17 years, 11 months ago) |
|
|
Read up about Lorentz.
|
Konnrade
↑↑↓↓<--><-->BA



Registered: 09/13/05
Posts: 13,833
Loc: LA Suburbs
Last seen: 8 months, 26 days
|
Re: Exxon executive: stop trying to become energy independent [Re: TheCow]
#5280411 - 02/09/06 01:50 AM (17 years, 11 months ago) |
|
|
I'll put that on my list of things to do tomorrow. It's late now, too late to study things, I'd just forget them out of sleepyness.
--------------------
I find your lack of faith disturbing
|
trendal
J♠


Registered: 04/17/01
Posts: 20,815
Loc: Ontario, Canada
|
Re: Exxon executive: stop trying to become energy independent [Re: Konnrade]
#5280930 - 02/09/06 08:29 AM (17 years, 11 months ago) |
|
|
Quote:
Konnrade said: I'm not talking about common induction. That requires either stationary wiring with a moving magnet or a stationary magnet with moving wires.
Quote:
Konnrade said: What is described there is a magnet or peice of metal that is charged to produce a magnetic field and is then spun.
So you have a moving magnetic field - due to the spinning magnet. How is that any different from common induction?
--------------------
Once, men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them.
|
TheCow
Stranger

Registered: 10/28/02
Posts: 4,790
Last seen: 15 years, 6 months
|
Re: Exxon executive: stop trying to become energy independent [Re: trendal]
#5281726 - 02/09/06 01:02 PM (17 years, 11 months ago) |
|
|
Quote:
trendal said:
Quote:
Konnrade said: I'm not talking about common induction. That requires either stationary wiring with a moving magnet or a stationary magnet with moving wires.
Quote:
Konnrade said: What is described there is a magnet or peice of metal that is charged to produce a magnetic field and is then spun.
So you have a moving magnetic field - due to the spinning magnet. How is that any different from common induction?
Well it is true its a bit different, I would assume hes talking about this http://en.wikipedia.org/wiki/Homopolar_generator .
|
Konnrade
↑↑↓↓<--><-->BA



Registered: 09/13/05
Posts: 13,833
Loc: LA Suburbs
Last seen: 8 months, 26 days
|
Re: Exxon executive: stop trying to become energy independent [Re: TheCow]
#5284272 - 02/10/06 12:15 AM (17 years, 11 months ago) |
|
|
Quote:
TheCow said:
Quote:
trendal said:
Quote:
Konnrade said: I'm not talking about common induction. That requires either stationary wiring with a moving magnet or a stationary magnet with moving wires.
Quote:
Konnrade said: What is described there is a magnet or peice of metal that is charged to produce a magnetic field and is then spun.
So you have a moving magnetic field - due to the spinning magnet. How is that any different from common induction?
Well it is true its a bit different, I would assume hes talking about this http://en.wikipedia.org/wiki/Homopolar_generator .
Oh god... the link to the Lorentz force law in the wikipedia article was a perfect reminder of why I'd never cut it if I had tried to get a physics degree.
--------------------
I find your lack of faith disturbing
|
|