tag:blogger.com,1999:blog-27237113.post5641682429913112145..comments2024-02-10T00:21:03.699-08:00Comments on Embracing the Risk: CO2 to GasolineMarkChttp://www.blogger.com/profile/14783588922999884233noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-27237113.post-11869566158495455982008-03-19T19:01:00.000-07:002008-03-19T19:01:00.000-07:00Welcome, Jeff, and thanks for your comment.I'm not...Welcome, Jeff, and thanks for your comment.<BR/><BR/>I'm not sure how much markup is reasonable for converting various crude oils to gasoline. And gasoline taxes may very well be out of line, for which we could use some transparency and accountability.<BR/><BR/>I don't know if Martin and Kubics estimates include the usual tax on gasoline. I'd guess not.<BR/><BR/>The government certainly has a lot of power over this process.<BR/><BR/>KevinKevinhttps://www.blogger.com/profile/00244577723092436958noreply@blogger.comtag:blogger.com,1999:blog-27237113.post-49504580591679640822008-03-19T11:36:00.000-07:002008-03-19T11:36:00.000-07:00Theproblem with most fuel supplies is not the prod...Theproblem with most fuel supplies is not the production cost but the amount of TAX the government attacehs to the fuel supply... Even at $120/barrel, how do you justify $4 gasoline? Because the Taxes pay for ROADS (really?) and Law Enforcement (really? then why do traffic tickets charged $84 for a filing fee?).... If there is a way to make money off of the process and then blame "big industry" for any issues, it will happen, cost effective or not.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-27237113.post-118741172222166932008-03-15T15:39:00.000-07:002008-03-15T15:39:00.000-07:00MB,Thanks for the links. The brief NPR audio was ...MB,<BR/><BR/>Thanks for the links. The brief NPR audio was interesting and I'm (hopefully) understanding the current high oil prices a bit better after some further studying.<BR/><BR/>I agree that gasoline prices should be dropping and that no one will pay $3.50/gal for synfuel if you can get oilfuel for $2.00/gal. Ultimately, it will have to be an economic decision as to when or if the investment becomes worthwhile.<BR/><BR/>For good or bad, I also suspect that the government will get involved with subsidies, if not for CO2 AGW concerns, then to reduce instability and foreign dependence.<BR/><BR/>The <A HREF="http://volokh.com/posts/1203536855.shtml#330591" REL="nofollow">final comment on the Volokh thread</A> seems to make a decent argument that the conversion is not presently worthwhile, though I unfortunately do not know enough to check his numbers and he has not provided external support. I'm also not sure if he has taken into full account the cost of replacing our current infrastructure.<BR/><BR/>But perhaps synfuel could serve as stopgap as the infrastructure evolves, in which case the window for investment and viability may be rather narrow.<BR/><BR/>KevinKevinhttps://www.blogger.com/profile/00244577723092436958noreply@blogger.comtag:blogger.com,1999:blog-27237113.post-1425876944078893792008-03-14T14:01:00.000-07:002008-03-14T14:01:00.000-07:00Capturing the CO2 from the flues of coal fired pow...Capturing the CO2 from the flues of coal fired power plants has also been proposed. (warning, pdf document)<BR/>http://www.tbp.org/pages/Publications/Bent/Features/Su07Uhrig.pdf<BR/><BR/>I like these ideas, but it seems they will only work if gasoline is prices remain consistently high. I'm not convinced that will be the case. While continued large scale investment would be prudent, we have to ask what we will do if gas prices drop to $1.50/gallon after these technologies succeed (or almost succeed). Are we willing as a society to pay $3.50/gal if gas can be had at $2.00/gal.<BR/>http://www.npr.org/templates/story/story.php?storyId=87991822<BR/><BR/>MBDouglashttps://www.blogger.com/profile/16064119946449926285noreply@blogger.com