RE: Great recovery stock5 Oct 2020 23:01
i agree, oil will always be in high demand, 80,000,000 cars built every year and 99 pecent are Diesel or petrol, The amount of enegy from 1 barrel of oil thats priced about $40 is equivalent to two strong men working for a year. great value imo.
Hydrogen is a long way a way for the aviation market, you woud need 6x the volume of Hydrogen to 1 of Kerosene, so the wings capacity are not enough, you wou need a Airbus A380 and fill the lower deck with compressed Hydrogen and the upper deck with passengers. Ticket prices would be doubled atleast.
You need alot of energy to begin with to make Hydrogen in the first place, it take a huge amount of electric power to seperate the X2 Hydrogen atoms from the 1x oxegen atom on the little boomerang shaped molecues. 2x hydrogen atoms on each end of the boomerang to 1 oxegen in the centre. so the end result would only be about 25 percent free energy. Thats ok if the electric energy is from renewables but we will need many many times the solar and wind turbines we have today just to power the small percentage of electric cars, busses and trains, so Hydrogen planes are decades away atleast.
Oil will allways be in high demand,
Lithium iron batts are ok for the first few months but if you think ack to when you first charged your phone it would power the phone for 5 ays or more, after 1 year you'll be charging it every day. Electric car batts are very expensive, just as much as a medium diesel engine.
im all for reversing carbon polution but we should use are cars and other transport that uses carbon engines but extract more carbon out the air than releast by exhaust scrubbers. gla
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