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.
Joined: Oct 04, 2004 Posts: 244 Location: the Village
Posted: Tue Oct 19, 2004 7:43 am Post subject: The Coconut Revolution - documentary
This documentary was shown a few years ago on Channel 4 in the UK, it was about how the islanders of Bouganville were able to use local coconut palms to provide them all they needed (just about) - it showed them making motor oil and bio-diesels for their diesel engine vehicles, all totally grassroots.
"What is e-diesel?
e-diesel is a clean-burning alternative to diesel fuel. It is refined from vegetable oils instead of Crude Petroleum and is commonly known as Bio-diesel.
e-diesel is a truly renewable fuel, which produces no net CO2 emissions. It has much better lubricity and a higher Cetane Number than diesel fuel, and can be used in all diesel engines without any modification.
Customer feedback reports that even adding small amounts of e-diesel to conventional diesel improves fuel lubricity thereby extending engine life, and increasing fuel efficiency.
e-diesel can be blended with conventional diesel in any concentration. The blend level depends on economics and availability.
Typically, e-diesel is supplied at 100%, 20% or 5% concentrations blended with Ultra Low Sulphur Diesel.
e-diesel is completely bio-degradable and far less toxic than petroleum diesel.
Ebony Solutions have been manufacturing and supplying e-diesel in the UK for 7 years, to a range of local authority, commercial and bluechip customers."
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