leading alternative energy
leading alternative energy
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leading alternative energy Frequently Asked Questions
How does alternative energy lead to lower oil prices?
Alternative energy is energy...like electricity.
Oil isn't used for electricity - or is it? I can't think straight right now, I'm so confused.
So if we have more alternative energy, why does that reduce our dependance on oil?
Thanks
...You didn't answer the question. Why is there less demand for oil (thus, creating lower oil prices) if there is more alternative energy?
Please help!
...You didn't answer the question. Why is there less demand for oil (thus, creating lower oil prices) if there is more alternative energy?
Please help!
Oil is one of our 3 or 4 primary sources of energy.. oil, natural gas, coal and nuclear (there are others sources of energy such as wind, water, wave, hydroelectric (dams) etc but these 4 are our primary sources.)
Alternate energy lessens demand for the 4 primary sources depending upon what use of energy you are replacing..
So alternate fuels, such as bio-diesel and ethanol based fuels, lessen the demand for oil for transportation. Electric cars will lessen the demand for oil but increase the demand for electricity.. so there may be more demand for electrical generation and power plants (i.e. coal or nuclear).
Oil prices are highly dependent on demand.. a relatively small drop in oil demand can cause a a big drop in oil prices.. this is exactly what happened in the last year when the oil prices plunged from $150bbl to $40bbl now.. I think that oil demand dropped by roughly only 5% but the price dropped by over 60%...
BTW Oil and even natural gas are used at times, and in some places, for electricity generation but both are much more expensive than coal..or nuclear power... Therefore, oil and natural gas generators are mostly used to "top off" electricity generation in peak demand situations rather than a "base load" -- or everyday common use. this is because oil and natural gas generators are easy to turn off while coal and nuclear power plans are hard to turn on and off..
Oil and natural gas are also widely used for home heating and other non-transportation uses so better insulated homes and higher winter temperatures will also affect demand.
Why would anyone want a Democrat President, after the Democrats ?
screwed up the country by blocking legislation in 2005 that would have stopped Fannie Mae and Freddie Mac from the practices that have lead to the mortgage and cinancial crisis we are now in.
Why would you vote for a President that represents the party that would rather spend $700 billion a year buying energy from overseas and wait for alternative energies, than actually producing energy here in the USA.
If you think things are bad now.. Democrats with a Democrat President will make the Carter years seem like a boom.
Because they can't stop crying until they win one. It's been a while.
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