GREY:NMKEF - Post by User
Post by
Tcheckon Aug 31, 2019 7:30pm
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Post# 30086573
better face it .oil only creates heat
better face it .oil only creates heatWhat we’re saying is if you’re comparing investing money in renewable energy in tandem with electric vehicles, you can get six to seven times the energy yield at the wheels – useful energy, mobility – for the same capital outlay as you can spending on oil at the current market price of $60 a barrel, and then refining it into gasoline and using it in an internal combustion engine, which loses 80% of the energy as heat.”
Oil prices will need to fall to between $10 and $20 per barrel if it is to remain competitive in the mobility sector, according to a recent report from BNP Paribas Asset Management.
we are the champions of the world ,they are the losers ...