Comments on: China will be sucking the world’s crude supply dry http://divestor.com/2009/12/09/china-will-be-sucking-the-worlds-crude-supply-dry/ Canadian Finance, Economics and Securities Analysis Wed, 09 May 2012 13:34:57 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Sacha Peter http://divestor.com/2009/12/09/china-will-be-sucking-the-worlds-crude-supply-dry/comment-page-1/#comment-3238 Sacha Peter Fri, 11 Dec 2009 19:59:37 +0000 http://divestor.com/?p=3237#comment-3238 The breakthroughs will happen, but for now, I doubt they will pack the energy density of fossil fuels which is the key point. High-density portable energy storage and transport is a pipe dream at the moment, but if it occurred, it would crush crude prices. Just as a historical note, the utilization of crude oil decimated the whale oil industry. The breakthroughs will happen, but for now, I doubt they will pack the energy density of fossil fuels which is the key point.

High-density portable energy storage and transport is a pipe dream at the moment, but if it occurred, it would crush crude prices.

Just as a historical note, the utilization of crude oil decimated the whale oil industry.

]]> By: Anthony http://divestor.com/2009/12/09/china-will-be-sucking-the-worlds-crude-supply-dry/comment-page-1/#comment-3237 Anthony Fri, 11 Dec 2009 09:15:09 +0000 http://divestor.com/?p=3237#comment-3237 "The only salvation against higher crude prices are energy breakthroughs in other fields, such as the development of sustainable fusion, or less capital expense intense solar energy, or the development of high capacity low-loss energy storage." And an effect of higher oil prices is breakthroughs in other fields, right? So breakthroughs happen either way? “The only salvation against higher crude prices are energy breakthroughs in other fields, such as the development of sustainable fusion, or less capital expense intense solar energy, or the development of high capacity low-loss energy storage.”

And an effect of higher oil prices is breakthroughs in other fields, right? So breakthroughs happen either way?

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