Eagle Energy Inc EGRGF

Game Over For Oil......

[biloshi]

Trudeau says they want to phase out fossil fuels in Canada!
The Oilsands aka Tarsands will be the first to be shut down.
The push is for clean, green energy like solar, wind etc!

Cheers!

[whodathunkit]

Unless there is a new game changer technology that pops up, fossil fuels will be around for a number of decades yet.  What most fail to understand is that solar and wind are not base load electricity sources.  Meaning, they are not reliable.  Low wind or cloudy days diminish the amount of output.  Modern society cannot function without a reliable base load power supply. 

[ledrog]

I'm sort of in between on this whole debate.  100 or so years ago there were hardly any cars around.....and some said good old reliable horses and buggies would never be replaced by automobiles, cars were too unreliable....subject to breaking down etc, they'd be the toys of the rich but horses and buggies were going to be the mode of transporation well into the future... By 2027 cars

[Twistedsteel74]

couldn't agree more, also if you want a real eye opener go look at how much fossil fuel it takes to make a solar panel or turbine.... its going to be a long time before we are green

[DylanStockhouse]

Fossil fuels are dead. And in about 150 years someone will get around to burying them. Dont worry Biloshi fossil fuels are going to be around for a very long time.

[ledrog]

''Are dead''....that's the present tense.  I just got back from Ottawa, drove there in my Dodge Caravan getting about 100 km out of 9 litres of gas.  I didn't see a single Tesla on the road, although I might have driven by a Prisus....I don't know, but even a Prius still uses gas. My vehicle is a 2014, and I'm likely going to own it for another 4 or 5

[DylanStockhouse]

I was just being a bit facetious with my comment Ledrog. Its not the best format to try and get humor across admittedly. Ive worked in O&G most of my adult life and was defiantly not an English major. I honestly dont know what humanitys next cheap fuel source will be. But I am betting it will take decades before whatever it will be will be a contender of hydrocarbons. Check out some of my