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Monday
Jul162012
Big Petro takes Notice of Cold Fusion Threat
Monday, July 16, 2012 at 6:13PM The cold fusion effect already ripples into the collective consciousness. The modern day "buggy whip" industry senses the demise of their power base. Given the opportunity, investment, and incentives, the people will move quickly to adopt LENR ("cold fusion"), and watch a revolution occur in a single lifetime! Armies, guns, political machines, and obsolete mega-corporations will crumble under its weight. The revolution without a shot. The spark in the dark of humanity taking back its power:
On the Precipice Of a New Energy Source?
Journal of Petroleum Technology ^ | July 2012 | Steve Jacobs, COO, and Patrick Leach, CEO, Decision Strategies
In the late 1850s, the whaling industry was in a veritable boom in the town of Lahaina on the Hawaiian island of Maui. Business was great, and many in the whaling industry believed that increased demand would continue for decades to come. But in 1859, oil was discovered in Titusville, Pennsylvania with a well drilled by Edwin Drake. The rest is history.
The Impact
If proven to work, what impact would LENR have on the petroleum industry? It is difficult to say for certain, but it would undoubtedly be significant. The vast preponderance of oil is used for transportation and heating (Fig. 1), which would now be competing with LENR. While there still would be a need for petrochemicals and other applications, collectively these end uses represent less than about 20% of each barrel. Natural gas would not fare much better; its main applications are heating and electricity. If LENR works, the impact on the petroleum industry, power generation, and coal industry would be enormous. Even wind farms and other emerging alternative energy technologies could not compete economically with LENR.
Reader Comments (1)
Cool.......
It sounds LENR will have a very strong and powerful effect after reading this article.
Great post... waiting for more.
Propylene Glycol