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OPEC's output freeze: what has changed since Doha? : Comments
By Rakesh Upadhyay, published 29/8/2016With all of this in mind, an agreement between OPEC and Russia is more feasible in Algiers than it was in Doha. It might not mean much though.
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What has changed since Doha has been the factual reporting about production ramp ups particularly by the Saudi's whose real returns seem to be coming from their refineries, which they are getting into in a big way? And because of the threat of unconventional oil and gas? And the rise and rise of alternative energy solutions, like CSG here in Oz?
Even more so save for a mountain of misinformation/fear mongering mania?
Look at the facts, recent technical innovation by the Dutch has produced a method of desalination that turn salt water into 95% potable water for around 25% of the traditional cost of traditional desal, and inso doing has produced a cost effective source of irrigation water, in common use according to screaming headlines, in Texas?
We here were shielded from this life saving information so that four farmers a week could get on with preventable suicide?
Even so, when we are allowed to know the facts, shut the gate activists, (non farmers to a generic man) may find they're the ones locked out?
That said, even with vastly improved desal and unless you live on the coast, it becomes a growing problem?
But only if you cannot use it? Say stored in plastic lined, disused, flat black painted, silos, (to absorb heat) where thin plates of aluminum and copper, will react chemically to produce considerable almost free energy day and night! And enough to say power the pumps that brings this life saving, bank balance saving, liquid to the surface, desalinate it and spray where useful?
The Saudis have eventually woken to the fact that OPEC's confected scarcity has lead to all the alternative energy solutions, including CSG pure enough to be fed directly into ceramic fuel cells, to produce 80% coefficient energy, the best by far, and twice as good as anything produced by conventional combustion! Moreover, the exhaust product of this particular combination is mostly pristine water vapor! And high tech energy, available long before Doha!
A case of gather ye rosebuds while ye may for the Saudis!?
Alan B.