Petropoly: The Collapse of America's Energy Security Paradigm | Energy Policy Book | Geopolitical Analysis | Perfect for Students, Researchers & Policy Makers
Petropoly: The Collapse of America's Energy Security Paradigm | Energy Policy Book | Geopolitical Analysis | Perfect for Students, Researchers & Policy Makers

Petropoly: The Collapse of America's Energy Security Paradigm | Energy Policy Book | Geopolitical Analysis | Perfect for Students, Researchers & Policy Makers

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Description

America's energy security paradigm has collapsed. For decades, politicians have been barking up the wrong tree when it comes to oil. Over the last seven years, domestic oil production has increased, vehicle fuel efficiency has increased, oil imports have decreased, and yet the amount Americans spend on oil imports - not just per barrel but in total - has skyrocketed. We drill more, we use less, and yet we spend more. In the wake of the Arab Spring, we can expect OPEC to keep turning the screws to drive prices higher. On the bright side, a revolution in extraction technologies has opened the door to unconventional natural gas. There's a light at the end of the tunnel, but only if we wake up, wise up, and send a message to Washington to shift gears from pork laden no-lobbyist-left-behind energy bills to Teddy Roosevelt style trust-busting. In a no-holds barred, fast paced, information packed sequel to Turning Oil into Salt, Gal Luft and Anne Korin spell out the pitfalls of an oil market dominated by a cartel and sketch a clear blueprint for getting America out from under its thumb.

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If, in fact, flexible fuel vehicles can be manufactured at low additional cost and capable of operating on any combination of gasoline, ethanol, or methanol, the oportunity to disrupt the existing OPEC monoppoly on fuel supply and dramatically lower fuel costs in the trasportation sector, is very real. The feasibility of this approach has already been demonstrated on a large scale in many areas of China, with mixtures of gasoline with methanol (methyl alcohol) as M15, M85 and even M100. Methanol can be prepared at much lower cost and from a variety of feedstocks including natural gas, low grade coal, biomass and combinations of those. Competition would be introduced in fuel chioice by making methanol and ethanol available for refueling either as separate fuels or blends with gasoline. The book does not discuss the effect on the American job situation, but that the large number of new alcohol plants, each with many emplyees, should also be a positve factor favoring this approach. With petroleum at $100/bbl, the cost per vehicle mile traveled could be reduced by a factor of three (by my estimates) with M85 made from biomass and natural gas while also substantially reducing greenhouse gas and other harmful emissions
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