Just Filled Up - $45

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Apr 30, 2006 | 11:15 AM

#101

MINIotaple

6th Gear

Joined: Nov 2005

Posts: 1,383

Likes: 0

From: Houston

Quote:

Originally Posted by chows4us

Read http://www.navyleague.org/seapower/c...navy_today.htm

http://www.military.com/NewsContent/...123104,00.html

http://www.pinr.com/report.php?ac=vi...&report_id=364

"In regard to China's surface fleet (presently consisting of 64 large combatant units: 21 destroyers and 43 frigates), for the next decade Beijing will be committed to the demanding process of replacing obsolete ships, which had for so long reduced the Chinese Navy to a mere coastal fleet, with more modern units."

For its underwater fleet (presently consisting of 57 units: 51 diesel submarines (SS) and six nuclear powered attack submarines (SSN))

However, in the next few years, this process will give rise to the complete replacement of the large but ineffective diesel submarine force (packed with old Soviet-design vessels) with a modern and efficient diesel fleet."

Lets see, their future plans are to build Diesal subs

That ought to bring them up to about 1957 technology.

21 destroyers? Well maybe they can patrol their coasts.

You want to project world wide power on a massive scale? Be a TRUE Blue Water Navy, build a half dozen nuclear carriers.

Ask the Brits if they didn't wish they had a "real" carrier during the Falkland War.

China is so behind in technology. It wasn't even that long ago when they finally got into space.

Quote:

Originally Posted by whovous

My daughter does Otakon annually, but it is pretty much local for her. This is the year she finally gets a vendor table! Ah capitalism!

My fiance and I wish we could go, but we're in Texas and we're cheap.

We might go to something in Texas though, but there's nothing that ever comes here.

Quote:

Originally Posted by whovous

But I hope you noticed, your argument refutes what your energy economics prof taught you. He said oil companies have gone 30 years without building a single new refinery in the US out of fear that oil prices would drop back to $10/bbl again. The emergence of China and India as major energy consumers should pretty much insure we never see that price level again.

Didn't I say in a previous post that I was wrong on that part and that the $10/bbl was holding back in investment in exploration. By the way, they're still screening investment decisions at about $25 - $30/bbl even now.

All I can say is that there have been several times when people have predicted that we will run out of oil in the last century and yet we still have oil. I assume that when you evaluate a long term project like oil exploration, you really want to be very sure of the price that you can sell it at since the production timeline is so long.

Apr 30, 2006 | 02:27 PM

#102

fishey72

5th Gear

iTrader: (4)

Joined: Oct 2003

Posts: 800

Likes: 0

From: Asheville, NC

Quote:

Originally Posted by MINIotaple

China is so behind in technology. It wasn't even that long ago when they finally got into space.

Yes, but a person with incredible genious intelligence being one in a million, they have 1,600 or more and probably another every week. Thomas Friedman covers this really well in his book The World is Flat.

[QUOTE=All I can say is that there have been several times when people have predicted that we will run out of oil in the last century and yet we still have oil. I assume that when you evaluate a long term project like oil exploration, you really want to be very sure of the price that you can sell it at since the production timeline is so long.[/QUOTE]

The world will never run out of oil.

We will run out of inexpensive, easily attainable oil as declines get steaper. Those countries/regimes who hold it, will hold on to it tighter with greater militarism.

The same thing has happened hundered of years ago with wood in England and just in time for complete depletion and the industrial revolution, coal seams were discovered, and peat moss in Scottland, and coal has had ups and downs as our searches for it has grown wider and deeper.

That brings us to the point that no where in the world has a Mega Project oil field been found in 5 years. A Mega Project being a billion barrels of reserves. The world consumes ~85 billion barrels a year (billion with a B, a thousand barrels a second). The oil finds are continually smaller, deeper, and in countries that do not like us. Also the finds are tending to be heavy sour oil, the bad stuff.

Anyone who says hydrogen is the way of the future will make me barf. It is a net loss of energy. It takes more energy to produce H, than you get in return of it's use. Unless some really smart genious people can make controllable nuclear fusion, and not turn our planet into a second sun in the process.