As oil sells for in the $ 80 per barrel range and the fragile global economy pushes to recover from the existing decline, the need to invest in alternative energy and build up viable alternatives to oil as an energy supply Becomes even more pressing. Why? Previously, Pls the cost of oil is Greater Than a Certain percentage of GDP, an economic downturn takes place. In today’s economy That figure is about $ 80 per barrel. If Economists are right, that would mean the global economy may be teetering on the threshold of another leg down, if not a financial collapses, Should oil price increase of in considerably higher than $ 80 per barrel.
If We Are in a decline, why is oil trading at about $ 80 per barrel anyway? Is the world running out? No, the world is not running out of oil, however there are other challenges Such as the price to bring oil to the end user.
Case in point: For oil producers to generate a profit on Their oil production, the price of oil needs to be about $ 60 to $ 70 a barrel. If it falls below some $ 60, drilling and research experience a substantial decline with an equivalent drop in output, demand Placing futures at risk.
Many investors believe That offshore oil from countries like Brazil That have major untapped reserves are the solution. What is not fully appreciated Is that the break-even amount to get the oil from these sources is That are up to 36.000 feet deep is about $ 80 per barrel. We ask and then have to ask Ourselves: Is deep sea oil viable even after the BP oil spill disaster?
Let’s re-assess the start of the current recession started around the which first quarter of 2008. Note That at That time, oil went over $ 100 a barrel and traded there for about the next two quarters. During the initial months the effect on the economy was apparent to the majority of people. The government denied We Were in a downturn, but the general public was conscious enough to Recognize That the economy was in Suffering.
Then, the recession That was not a recession, was eventually confirmed to be one a few weeks after the fall of Lehman Brothers in September of 2008. From there the economic downturn morphed into the most severe economic downturn since the Great Depression. Now That Was not the recession a recession is going through a Recovery That Is not really a recovery is the which is obvious Because of high unemployment levels and real estate Foreclosure.
So what would it take to cause a spike in energy to over-the $ 100 range the economy at risk? How about a geopolitical events in the Middle East? Or a terrorist attack on a major oil producers facilities? How about an attack on commercial vessels in the Straits of Hormuz where 40% of the global oil transits? If you believe That is one of Those Far Fetched events, simply turn on the news and listen to the current events in the Middle East. It seems a We Are on the Brink of a major geopolitical event.
A geopolitical event or terrorist attack notwithstanding, Increased oil demand from the development of China and India Could easily drive oil prices well past $ 100 per barrel within the next year or two. The higher oil prices go, the more vital a coherent alternative energy system on a domestic and global scale would be required.
It is easy to surf the web and find out about Advances in offshore wind power, solar power and hydrogen fuel cell technology. The recent developments in electric / hybrid transportation are notable as well. While significant progress is taking place in these areas, it is not anywhere near satisfactory to ease concerns of the current rate of rising energy costs.
The bottom lines is this: If the substitute fuel supply, minimally on a back-up base, is not developed very soon, then the rise in energy prices, the which are surely coming Could this take the which recovery is not a recovery and turn it into a That Is depression a depression. Which Will take place first?
Monthly Archives: October 2011
Alternative Energy And Economic Recovery
How Ground Source Heat Pumps Can be Used For Heating?
Ground source heat pumps use the heat That Is absorbed from the ground and this harnesses geothermal energy to heat homes and businesses. The pumps utilise That pipes are buried in the ground in order to extract the heat and use That heat for radiators, hot water, and heating systems found in flooring.
In the ground, the Remains Relatively constant temperature so the ground source heat pump is Able to be used During all seasons, making it an excellent choice for home heating.
How Do the Pumps Function?
The pump circulates an antifreeze and water solution through a ground loop composed of piping That Is buried in the ground. The heat in the ground is then absorbed within the fluid and then pumped via a heat exchanger located within the pump. The heat energy Enters Becomes a compressor and concentrated into an elevated temperature That Is Able to heat water for hot water and general heating circuits. The fluid is then recycled and is Able to absorb additional energy ground, making the process continuous.
The ground loop’s length depend upon the will of the home’s size as well as the amount of heat the which is needed. The longer the loop, the more it is Able to draw the ground’s heat. However, more space is needed in order to bury the loop within the ground.
Typically, the ground loop is inserted into the ground or flat can also be coiled within trenches are dug That. However, if the yard does not possess adequate space to install the ground loop, it is possible to use a vertical loop instead.
Ground source heat pumps have an enormous environmental impact. Even though They require electricity in order to function, That Is the heat extracted from Beneath the surface is Able to be naturally and continuously renewed.
Unlike oil and gas boilers, the ground source heat pumps Provide lower temperature heat over a long period of time. Because of this, it may be Necessary to leave the pumps on all the time During the colder months. Additionally, this means That the radiators in the home Should always feel cooler than oil and gas boilers.
Advantages of the Ground Source Heat Pump
There are Several advantages to obtaining a ground source heat pump for a home. These include:
? The system requires little maintenance meaning That little attention needs to be paid to the technology after it is installed.
? Fuel bills can be lowered, particularly if electric heating is the current source of power.
? The pumps can Provide Both hot water as well as space heating.
Aside from benefiting the pocket of the Individual Responsible for paying the utilities, these pumps have been proven to significantly Reduced-a home of other building’s carbon footprint by lowering emissions.
Home Improvement-103-Off sides part 1
3rd episode of season 1
Are You Looking For a Magnetic Motor Plan as an Alternative Energy Solution?
A magnetic motor is a device That uses the Power of Magnets to induce rotation on an electric generator to Produce free electricity at home. After the solar panels and windmills systems, this is the new trend in alternative energy solutions for home owners Who Wants to Cut Their power bills and live off the grid.
There is still a lot of debate to know if this is just another scam or if someone has a magnetic motor plans That Actually works. There is so much misrepresentations on the web That Sometimes it is Difficult to seek the truth. The good news Is that there are plans Magnets motors sold and used by Thousands of customers with amazing results all around the world.
A person can buy Such a plan and build a magnetic motor within a Few days at home using junk from his yard and some common parts found at a local hardware store. The total cost of the project is only A Few hundred dollars and the return on investment is really short Because a magnet motor can supply electricity for a house. Therefore it can cut or even Eliminate the power bills. Imagine all the money you can save every year!
Some opponents say That magnetic motors can not work Because it challenges the laws of classical physics. Perpetual motion is impossible According to Scientists. I believe They are right, but a magnetic motor find his source of energy into the Magnets. Therefore We Are not talking anymore about perpetual motion as defined by the scientific community.
Spend sometime searching for testimonials of satisfied customers. Read what They have to say about the benefits and challenges regarding a specific product. Look for a professional website with safe and secure payment options. Build your free energy generator. Magnetic motor plans That Actually works are available to download. It is an excellent alternative energy solution for your home.
Lower Electric Bill in Connecticut by Connecticut Searching For a New Electricity Provider
Connecticut electricity markets have been deregulated for over 10 years. This change in how the electric industry was structured resulted in the beginning of a very competitive and Successful deregulated electric industry in Connecticut.
Deregulation allowed competition to Thrive in Connecticut, although it took until about 2005 to see consumers begin to take advantage of competitive offers from electricity providers.
As part of deregulation, CL & P and UI were the resource persons required to sell off Their generation assets and purchase wholesale power from power plants like any other electricity providers. The make-electricity power plants wholesale and then resell it to an electricity provider. The provider then supplies customers with the which the electricity is still delivered by the utility. Traditionally, customers Had to use the utility for Their supply, delivery and service needs. However, there are now options Pls it comes to the which electric supply provider will from a customers’ power.
Today, electric customers in Connecticut can benefit from a lower electric bills by finding the best rate.
The search to find low rates on Connecticut electricity is simple. It is not a time consuming process of calling multiple suppliers. Instead, a comparison website helps to find the right electricity provider for a customer’s home or business.
The site performs the search Quickly and easily for an electricity provider based on a customer’s utility territory and customer type (residential or commercial). The website search is very comprehensive and includes a detailed list of competitive offers from Various electric suppliers.
After Comparing offers competitive electric supply, there are only three pieces of information needed from a customer’s utility bill in order to Enroll with a competitive supplier.
In Addition to the low rates, you can also go green by signing up for 100% renewable energy electricity suppliers offers from Connecticut. Many of Connecticut electricity suppliers offer 100% renewable energy the which plans are generated using renewable sources only.
There are many Reasons to switch electricity suppliers Connecticut. The first reason is to have a lower electric bill in Connecticut. There is also no fee to switch electric suppliers and no cancellation fee.
The utility Will continue to send one bill reflecting any change in electricity providers and the lower rate per kWh. As of June, 2011, over 35% of Connecticut electric customers now have a lower electric bill.