I think it is called a cost-return analysis or something along those lines when economists and accountants work out scenarios about what if more refineries are built or new oil fields open specifically with on reference point only, how much profit will go to CEO's and their executive staff. More refineries and new oil fields do not necessarily mean those executive salaries increase that much.

Gee with crude going for $140 you'd think they'd rather drill it out the ground on the cheap instead of paying the Saudis for it. Maybe they know something about those oil fields that you don't.

And that would be the type of crude each oil field will yield. And they would be after they type that requires little refining and is cheaper to produce.

The car to me sounds like a good idea but it has its side effects.You can only drive up to 50 to 60 miles per day. So, if you want to take family road trip what are you going to do. I think they should make solar panel cars and in the night make something that you can actually drive around without worrying how many hours you have to drive before your cars stops.And this
gas thing,buying gas from the same place we are getting killed and bombed. Maube someone can invent something where your solar panel in the day and the night your battery powered enough to lasT.

Actually, even a 100% efficent panel, would not power the car enough for long use. My Wagon (subaru outback) has a roof that is about 2.5 sq meters. That would only 3.5 kW, which would make a total of 18 kWh a day, which would cover about 75 miles a day, or 1 1/2 hours on a freeway, making for road trips to be slow. And that's with everything (including the motor) running at 100%. What would be needed would be a more powerful battery, and use the panels as a supplement.

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Set your destination with your heart, get there with your mind.

"The wisest men follow their own direction." - Euripides

Check out the thread about the Tesla electric hybrid getting 220 mpg with new battery (nano) technology. They will be making a Prius like hybrid family car in the near future. They will also be making a all electric plug in alternative for the same model.

In other developments, a system for using acceleration to generate electricity is being developed. If you add this to a hybrid that generates electricity from braking, you migh substantially increase the range of a car between recharges.

What's your point? The oil companies aren't in the business of losing money.

Republicans designed a strategy to shift the blame on Democratsa for the high price of gas by focusing on Alaska and offshore drilling. When you look at the stats of the oil they are willing to go after, it would be an approximate equivalent of one year of gas in America and it would most likely require several years to develop. So it really isn't the answer to the price of oil and gas.

We need to jump on the new breakthrough of biofuel from algae. If mass produced, that would make a huge difference.

Baloney. ANWR and offshore oil offer decades of energy independence. The only thing delaying its exploitation are regulators and environmentalist lawsuits. Otherwise 18 months, tops. In contrast your algae concept is woefully inadequate, inefficient and decades into the future.