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View Diary: WSJ Discovers Spanish High Speed Rail (179 comments)

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  •  Exxon-Mobil... (0+ / 0-)

    ...can still make money on diesel fuel for current locomotives, and there will still be airlines for those that must fly.

    Float like a manhole cover, sting like a sash weight! Clean Coal Is A Clinker!

    by JeffW on Fri Aug 21, 2009 at 05:15:31 PM PDT

    [ Parent ]

    •  But there is substantial in energy ... (4+ / 0-)
      Recommended by:
      wu ming, hazzcon, NoMoreLies, JeffW

      ... consumption for diesel locomotives compared to short haul flights, at comparable load factors.

      Its demand versus supply that is at issue. As long as it is the price of crude oil that cuts back demand by throwing the economy into a recession, that's fine, because of the windfall gain from the explosion in the oil price. However, if demand is cut back by self-restraint, which prevents the price explosion, then the oil producers are in an industry with assured declining volumes and no assurance of repeated price shocks to make up for the declining volumes.

      Peak oil makes a difference.

      Progressive Economics Shortcut: just read the billy blog

      by BruceMcF on Fri Aug 21, 2009 at 05:43:10 PM PDT

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      •  Yes, Peak Oil will make a difference... (0+ / 0-)

        ...but in the short term E-M will still make a buck.

        Float like a manhole cover, sting like a sash weight! Clean Coal Is A Clinker!

        by JeffW on Fri Aug 21, 2009 at 08:50:28 PM PDT

        [ Parent ]

        •  But paying a couple of ... (1+ / 0-)
          Recommended by:
          JeffW

          ... hacks willing to arrive at whatever conclusion the paying customer wishes is cheap enough you can pay that as a longer term strategic investment ... you wouldn't even have to donate $1m to get an endless stream of anti-HSR propaganda from a couple of "liberatarian" propaganda mill hacks.

          Progressive Economics Shortcut: just read the billy blog

          by BruceMcF on Sat Aug 22, 2009 at 08:00:19 AM PDT

          [ Parent ]

          •  Too true, I'm afraid... (0+ / 0-)

            ...too bad E-M hasn't better things to do with its money.

            Float like a manhole cover, sting like a sash weight! Clean Coal Is A Clinker!

            by JeffW on Sat Aug 22, 2009 at 12:02:33 PM PDT

            [ Parent ]

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