Tuesday, August 10, 2010

Quotes

Globally, coal began to supply more than 5% of all fuel energies around 1840, more than 10% in the early 1850s, more than a quarter of the total by the late 1870s, and one half by the beginning of the twentieth century…

The inertia of existing massive and expensive energy infrastructures and prime movers and the time and capital investment needed for putting in place new convertors and new networks make it inevitable that the primary energy supply of most modern nations will contain a significant component of fossil fuels for decades to come.


A barrel of oil contains 5.8 million BTU and can be purchased today for $77.00. But in natural gas, using today's price of $4.80 per million BTU, you can obtain the same quantity of energy for $27.85.


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