ENERGY POLICY
we all seem to be rather unhappy about the increased cost of energy. from what i understand (which is really not very much), prices for oil derived energy adjusted for inflation are now lower than they were about twenty years ago. of course, we are likely using more energy than twenty years ago, so our total consumption cost has gone up. most - if not all - of the new energy sources seem to have a higher price tag than conventional energy, and not too many are willing to pay a higher price. as long as prices for petroleum and its products are not going to go through the roof, we will no doubt continue to rely on it. if we compare north-american energy prices with those in the rest of the world they seem to be pretty low - of course, we don't like to hear that. as we say in canada : "if i wanted to live in europe and pay their high prices, i'd move there; but i live in canada and the GOVERNMENT should bring in legislation to bring the price down ". (of course, we don't like the government to interfere in anything that profits us, right ?).
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as far us energy supplies are concerned, alternate sources of energy seem to have a higher price tag; don't like that either. so in the meantime, we'll continue to rely on the conventional energy sources, mainly oil and natural gas. perhaps we should not despair, because there seem to be quite a number of ways to increase our energy supply (many environmentalists argue, of course, that we should be consuming LESS energy, rather than increasing the supply). i'll mention two increased supply sources that i've come across recently. (1) a canadian energy company announced recently that they have developed an improved refinery method that should get an additional "25%" of finished product out of each barrel of oil. they expect that the first refitted refinery will be ready in less than two years to start the new production process.(2) enormous amounts of "frozen" natural gas are deposited in the mackenzie river delta in canada (and in other places around the world). however, the cost of extraction is at this time too high to make it profitable when compared to the cost of currently available natural gas. i would think that as time goes by, the cost of developing these new deposits will probably come down to make it competitive.
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personally, i have a problem with the increased reliance on nuclear power. i hope that science can find a way to eliminate - or at least greatly reduce - the "residue" resulting from the use of nuclear power. storing the spent fuel cells underground for (i don't know how many generations), does not seem a very prudent way of managing the "waste".hbg ...
MACKENZIE DELTA GAS DEPOSITS