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Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.

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ChevronTexaco Developing Distributed Production of Hydrogen
Hydrocarbon AlternativesFor the second year in a row, ChevronTexaco Technology Ventures, a ChevronTexaco (NYSE: CVX - News) subsidiary, presented a paper based on proprietary research and development on new and better ways to increase the efficiency and reduce the cost and complexity of hydrogen generation for distributed energy stations. The paper on advanced steam methane reforming (SMR) was presented today by ChevronTexaco and technology collaborator Modine Manufacturing Company (NYSE: MOD - News) at the National Hydrogen Association annual conference in Washington, DC.

Posted on Wednesday, March 30 @ 07:29:20 PST by MarkL
 
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Re: ChevronTexaco Developing Distributed Production of Hydrogen (Score: 1)
by gnm on Wednesday, March 30 @ 08:10:40 PST
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I suspect it will involve hydrocarbon fuels - oh looky we have an earth freindly hydrogen fueling station - it just refines the hydrogen out of natural gas.... then you can run your fool cell car on hydrogen and feel all warm and fuzzy inside...

-G



Re: ChevronTexaco Developing Distributed Production of Hydrogen (Score: 1)
by hothouse45 on Tuesday, May 30 @ 06:35:38 PDT
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