first, before answering your question, i would like to point out
something.
"CNG is already replacing Petrol. "
May i know where is CNG derived from? it is gas from the same
oilfield that are slowing drying up. what makes you think that it
is/ will still be in abundant supply? also, since CNG produced less
energy per unit as compared to oil, more gas will have to be burnt
to sustain our current level of energy usage. that means that if we
were to fully switch to CNG, it still wouldnt last long.
CNG, is at best a short term solution. now now, it appears to be
cheaper than petrol, but using the price of diesel fuel as a case
study, we can see that it will soon reach the price of petrol. so,
using CNG may not really solve our current problem of sourcing for
cheap alternative fuel.
Given the power of OPEC, do you think OPEC
will promote the demise of its industry? ... no
government is able to lower the oil price for some unknown
reasons.
the point is that OPEC is now fully exploiting the current
global thirst for oil. they knew that their supply of oil is
dwindling, but they still wish to make immense profits before their
oil runs out. so what do they do? while demand is increasing, they
delibrately cut down on the supply of oil, so as to drive up
prices. that way, they get more money from selling less.
that's also the reason why you see middle eastern oil rich
countries are growing richer than ever. Russia, having nothing to
offer but oil and gas, thanks to the oil crisis, is now having an
economic boom, with us seeing the re-emergence of russian
power.
abt ur 2nd pt regarding governments trying to lower price.
that's impossible. let say, if you are the ruler of an oil
exporting country, would you lower ur profits buy selling more oil
at a lower price? bear in mind that once that oil is gone, ur flow
of wealth will also stop. so sane person will do that. oil
dependent developed nations are pushing hard to lower oil prices,
but they, as consumers, but do anything about it. they are held at
gunpoint by OPEC. look what happen in Iraq. they had tried to take
over Iraq's oilfield, but in the end, it resulted in decreased
production, the opposite of what they had intended.
I am not sure why is oil not controllable by governments
of the world combined?
there's an organisation responsible for this. and that's called
the OPEC. they are only interested in increasing the price of their
products.
no oil, no talk. the USA, being a nett consumer of oil, has no
say in the fixing of the oil price. the power to fix price all lies
in the hand of OPEC.
Could anyone tell me which leader has stopped any
oil price hike in the last couple of years?
no one. the leaders of the world can't do nuts about it.
Who is the mastermind ?
OPEC
Is it Money?
Yes.
Hey Brudder!
I am glad we are on the same wavelength on most aspects of the
issue.
they say adopting CNG technology is about going-green. As
long as it can replace oil...
I guess its still work-in-progress for the green movement.
Use of Electric cars can definitely lessen
the reliance on oil. Fortunately, free energy like wind
can generate electricity via windmills which supplies much of
Holland's electricity needs. This generated electricity can be used
to charge an electric car.
I think though obvious many in the world, even educated ones, do
not understand or come to realise that a fast and powerful car
need not run on oil. Oil-engine-car concept is a few hundred
years old technology that only kept being improved or innovated but
the core is still the same old technology.
Last but not least, i am glad to know that you also agree that
no superpower in the world , even when all of them combined is more
powerful than an organisation called OPEC. This is the fact , and
this fact is actually $ and self preservation and GREED. I
would agree that DEMOCRACY can
be controlled/destroyed/dictated by $ also.
Hydrogen and electricity - how many hundreds of years ago were
they discovered? Why no progress in this aspect for so long ? What
happened to the inventors of electric motor and hydrogen car? Why
was the american inventor murdered?
"What a wonderful.....world!"
