Q. Don’t we have enough oil to last us for the next
40 years or something?
A. Yes – but the crisis (i.e. business opportunity) occurs
when the rate of extraction reaches it’s peak, not when the
last drop of oil is pumped from the ground.
Q. Oil production will peak so how do we know when this
peak is going to occur?
A. We don’t. But we have a good idea. You see, in 1956, Dr.
M. King Hubbert, a petroleum geophysicist employed by Shell Oil,
presented data that predicted the rate at which oil could be extracted
from the lower 48 states would peak in the early 1970s. This event
occurred in 1970. At this point, petroleum geologists and geophysicists
began paying attention and by applying Hubbert’s techniques,
they have predicted that the rate at which oil can be extracted
globally will peak this decade. http://engineering-books-online.com/0393058573.html
Q. Why can’t we just rely on coal, natural gas or
hydrogen to solve our energy problems?
A. The problem is not just with energy, you see petroleum is used
as a raw material for a wide variety of products from plastics to
pharmaceuticals. Also, relying on coal will pump tons of fossilized
carbon, acid and mercury into the atmosphere disrupting its already
fragile metastable state and exacerbating even more human health
problems. Natural gas reserves are as fragile as petroleum reserves
and the hydrogen infrastructure has many technical challenges to
overcome and cannot be implemented in a rapid enough amount of time.
The bottom line is that our society will need to rely on a variety
of energy and raw material sources and the time has come where profits
can be realized in renewable energy and biobased products made from
renewable raw materials.
Q. Petroleum is so cheap, what do we have to worry about?
A. Petroleum spiked to $42.50 per barrel in May of 2004. A record
high. The near term and long term trend is for this price to continue
to stay elevated. Petroleum is not cheap, is heavily subsidized
by taxpayer dollars and we consume petroleum at 5 times the per
capita rate of the rest of the world, and China has yet to begin
to demand resources.
Q. So what do we do?
A. We sustainably commercialize and market renewable and biobased
technologies that provide competitive substitutes to petroleum based
technologies and products.
Q. Why Sustainable?
A. There are numerous definitions of sustainability. The one we
have adopted is “provide for the needs of today without sacrificing
the needs of tomorrow”.
Sustainable principles are found in all of our products and processes.
With our system the upfront costs are slightly more but the long-term
benefits are very real and cost effective.
For example:
Our products are biodegradable and non-toxic, therefore when
a spill event occurs or a hydraulic line breaks the risk to the
environment is significantly reduced and the liability to the
owner or operator of the equipment is dramatically reduced.
Our products provide superior lubricity, which reduces wear
and tear on critical components therefore reducing maintenance
costs. Michigan
School Busses.
Our Biodiesel has demonstrated an increase in torque and biodiesel
in general has demonstrated increased fuel economy. This means
you get better pulling power and more bang for you buck at the
fuel pump.
Our Biodiesel requires no engine modifications and no changes
to the existing fuel infrastructure. All one has to do is pump
our product in and go, go, go.
Our products are manufactured from renewable resources. This
means they grow back year after year. What’s more, our farmers
practice sustainable and organic farming techniques. They nurture
the land to grow our renewable raw materials.
Our Biodiesel fuel reduces emissions. No more cancer causing
and respiratory aggravating diesel fuel exhaust to place excessive
burdens on our health care and medicare government support packages.
Our products do not require a war and or major military operations
to support the flow of raw material. This reduces taxes on our
personal incomes and minimizes big government.
Our products do not rely on foreign sources of raw material.
Farmers grow our raw material right here in the United States,
which supports rural economic activity, the historical backbone
of our society.
