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Can flex-fuel cars put US on the road to low oil prices?

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Can flex-fuel cars put US on the road to low oil prices?

Unread postby Graeme » Tue 11 Dec 2012, 18:12:28

Can flex-fuel cars put US on the road to low oil prices?

Eyal Aronoff identifies himself on his business card as an "oil addiction therapist". He's got an unconventional detox method, claiming he can get Americans off oil by making it cheaper to fill up their cars.

The software entrepreneur is a co-founder of the Fuel Freedom Foundation, a new organisation trying to make the case for cutting America's oil consumption – both foreign and domestic.

He argues – along with backers including James Woolsey, director of the CIA under Bill Clinton – that if America cuts its use of oil in half over the next 10 years, prices on the global market would drop below $50 a barrel because of reduced demand. Americans would pay about $2 a gallon to fuel up – or about half as much as they pay now.

The foundation proposes to reduce America's use of oil by widespread adoption of other liquid fuels, allowing motorists to fill up their cars interchangeably with petrol, ethanol, natural gas or methanol, at prices well below those prevailing today. The foundation also rejects the idea of subsidising cleaner fuels.

The idea, which applies only to transport not electricity generation, basically turns conventional environmental thinking on its head.


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Fatih Birol's motto: leave oil before it leaves us.
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Re: Can flex-fuel cars put US on the road to low oil prices?

Unread postby Tanada » Tue 11 Dec 2012, 21:23:03

I don't believe it, growing use in the PRC and India will consume any extra fuel put into the market by decreases in USA consumption. Add in the effects of supply contraction from Peak Oil, that effect will eat anything out of the market that increased demand from growing users leave behind.
Alfred Tennyson wrote:We are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
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Re: Can flex-fuel cars put US on the road to low oil prices?

Unread postby Graeme » Wed 12 Dec 2012, 01:45:49

The Fuel Freedom Foundation would like their goals to be universal. See their case statement, page 4.
Human history becomes more and more a race between education and catastrophe. H. G. Wells.
Fatih Birol's motto: leave oil before it leaves us.
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