Oil Price Watch

[uls]

Its the environmentalists (and sometimes a few enlightened governments) that point out/show the alternatives, and then people follow and then the market follows.

yes, govt and environmentalist can show us alternatives

but people will not turn to alternatives unless there's an economic incentive to do so

when oil price skyrocketted in 2008, LPG conversion became hot

when oil price fell in 2009, LPG conversion went cold

now that oil price is rising again, LPG conversion is picking up again

market forces drive people's decisions. not the govt or environmentalists

govt and environmentalists can push alt energy all they want, but when oil price is low, they'll just be ignored

when oil price is high, they don't even have to push alt energy

consumers will demand alt energy all by themselves

[kotiko]

yes, govt and environmentalist can show us alternatives

but people will not turn to alternatives unless there's an economic incentive to do so

when oil price skyrocketted in 2008, lpg conversion became hot

when oil price fell in 2009, lpg conversion went cold

now that oil price is rising again, lpg conversion is picking up again

market forces drive people's decisions. Not the govt or environmentalists

govt and environmentalists can push alt energy all they want, but when oil price is low, they'll just be ignored

when oil price is high, they don't even have to push alt energy

consumers will demand alt energy all by themselves

[size="4"]WINNING![/size] :D (ala-Charlie Sheen) hehe

[anonemus]

yes, govt and environmentalist can show us alternatives

but people will not turn to alternatives unless there's an economic incentive to do so

when oil price skyrocketted in 2008, LPG conversion became hot

when oil price fell in 2009, LPG conversion went cold

now that oil price is rising again, LPG conversion is picking up again

market forces drive people's decisions. not the govt or environmentalists

govt and environmentalists can push alt energy all they want, but when oil price is low, they'll just be ignored

when oil price is high, they don't even have to push alt energy

consumers will demand alt energy all by themselves

You're playing semantics.

Your contention is that the people by themselves and market forces will find the alternatives.

My point is its mainly the environmentalists (whom you deride so much) that explore alternatives first and when an energy crisis hits, the people pay attention to these alternatives and then market forces follow.

Case in point: hybrid and electric vehicles. Who's exploring these two alternatives now? People themselves? Market forces?

[safeorigin]

hybrids and electric vehicles are underpowered to justify its price...

not to mention its survivability against floods(if ever it survives)

unless...

1. ultracapacitors(alternative to batteries) become dead cheap with supply to back it up

2. we have nuclear reactors

3. they become cheaper and more efficient to run and own vs. fossil fuels

[speed unlimited]

Siguradong mas dadami pa ang mga naka motor at dadami rin aksidente dahil luluwag kalsada dahil maraming mga private car ang hindi lalakad kung hindi importante pupuntahan.

[uls]

You're playing semantics.

Your contention is that the people by themselves and market forces will find the alternatives.

My point is its mainly the environmentalists (whom you deride so much) that explore alternatives first and when an energy crisis hits, the people pay attention to these alternatives and then market forces follow.

Case in point: hybrid and electric vehicles. Who's exploring these two alternatives now? People themselves? Market forces?

LPG conversion here in the Philippines

that's my example of commercially successful alt energy that didnt need any help from the govt and environmentalists

i don't recall the govt pushing autogas as fuel for cars before the oil price spike in 2008. i don't recall environmentalists pushing autogas as fuel for cars before the oil price spike in 2008

what i recall is that it started with taxis. taxi operators, in search of lower operating cost/higher profits, converted their taxis to run on autogas

people started converting private cars when oil price went parabolic in 2008

investors put up conversion shops. others put up refilling stations. demand was growing. there was money to be made. that's market forces.

that was all private. no govt. no environmentalists

the motivation was purely money. to save money, to make money

the motivation wasnt to be environment friendly

point is, people are not motivated to use alt energy to be environment friendly. people use alt energy when it makes economic sense

people are always motivated by self interest first. everything else (greater good, public interest) comes in second. that's human nature

people who invest in alt energy R&D are betting that their investments will pay off, not coz they wanna be environment friendly

automakers spent tons of money on R&D and building EVs and hybrids primarily to make money, not primarily to be environment friendly

automakers are betting oil will run out in the future and people will need transportation that doesnt run on oil

it's always about money

[SiRbossR]

why are they increasing at the moment? isn't the fuel we are buying right now are bought from last last weeks market price?

[uls]

why are they increasing at the moment? isn't the fuel we are buying right now are bought from last last weeks market price?

they have to make enough money now to pay for the higher priced new orders

--

your cost is P100 and you're selling at P110

but your supplier raised his price to P110. if you dont raise your selling price to P120, and you buy new stock at P110, your P10 profit vanished

to maintain your P10 profit, you have to raise your selling price to P120 even if you bought the old stock at P100 so when you buy the new stock at P110, you still maintain your P10 profit

[tucson88]

Auto-LPG anyone?

+1
we will be installing LPG kit for our 2.7vvti fortuner.hehe

[tidus1203]

LPG conversion here in the Philippines

that's my example of commercially successful alt energy that didnt need any help from the govt and environmentalists

i don't recall the govt pushing autogas as fuel for cars before the oil price spike in 2008. i don't recall environmentalists pushing autogas as fuel for cars before the oil price spike in 2008

what i recall is that it started with taxis. taxi operators, in search of lower operating cost/higher profits, converted their taxis to run on autogas

people started converting private cars when oil price went parabolic in 2008

investors put up conversion shops. others put up refilling stations. demand was growing. there was money to be made. that's market forces.

that was all private. no govt. no environmentalists

the motivation was purely money. to save money, to make money

the motivation wasnt to be environment friendly

point is, people are not motivated to use alt energy to be environment friendly. people use alt energy when it makes economic sense

people are always motivated by self interest first. everything else (greater good, public interest) comes in second. that's human nature

people who invest in alt energy R&D are betting that their investments will pay off, not coz they wanna be environment friendly

automakers spent tons of money on R&D and building EVs and hybrids primarily to make money, not primarily to be environment friendly

automakers are betting oil will run out in the future and people will need transportation that doesnt run on oil

it's always about money

But when they talk to the media its about the environment. Its bad to talk about money in front of the media!