Quote:
Originally Posted by Greeneon
Just keep in mind, Big Oil has made trillions over the years and they want to hold on to their stranglehold on the world's energy dependance as long as they can (for example Exxon Mobil alone made over $300 Billion in revenues over the past year). When they see alternatives such as this, which is both sustainable and better for the environment, they become threatened and perhaps take measures to do all they can to try and stop it. This is all in my own opinion of course...
Good Luck!
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I have a little different view. I'm sure the Oil Companies will want to maintain profits, but there is such demand for their product and we will be so dependent upon them for years to come, and alternative energies will come online so gradually/incrementally (and slowly), that it's not going to make that big a dent (esp. with oil so high!)
As other technologies become viable (like Vertroleum) I'm sure Big Oil will diversify to reap those profits as well.
The neat thing about Vertroleum and related products is that the current petroleum infrastructure in place nation wide (and which is not going to change overnight) can be used without modifications (or little).
I like and appreciate what Oil and hard-working oil workers and companies have done for our country. We wouldn't be where we are without them (though they COULD stand) to give us a price break and refuse to let the futures traders have as much influence as they do!)
But... what do I know?
