Not minding the massive increase in pollution or that based on expectational population growth and energy per person concept, and withte every decrease quality of mined coal (as we consumed all the good stuff already, we are at sulfur levels of several percentages of the gross weight!) coal would peak withing 50 years not consider the demand liquification would put on it!
I agree that we should not do this, my point is that we can. So in other words if we wished we could continue to use gasoline in our cars. The coal could also be used for generation stations to produce electricity as we have done for years, still doesn't make it the right choice.
If gasoline goes beyond $4 a gallon coal to gasoline would be cheaper then importing oil.
Yes and no. If the infrastructure was in place to produce the oil than yes, about $ 50 a barrel. However, we would need to replace what 20 million barrels a freaking day ! That would be alot of conversion factories to build.
And until we replace it with something else that can replace the 20 million a day it is still king.
A) they just came upon it
B) its grossly expensive to develop.
Market economics is why they are "just sitting on it", not some military conspiracy.
No they didn't. Yes it is, but so are F-22's.
I am not saying it's a conspiracy. I stating something that seems logical to me. If I were in charge, I would rather use everybody elses resources and pay the price and be the last one with the resource. There is no reason at this point to go up there and take it all out and be left with nothing.
Think of it this way. The entire military arsenal of fighters, bombers, tanks and other ground based vehicles ( transport trucks etc ) you name it other than our nuclear subs are powered by oil based fuels. I am sure they are already working on alternatives or mixtures with synthetics, but for now and as far as can reasonably seen in the future, based on the massive amount they use everyday, oil is king. So they don't want anyone messing with that resource. It's what could be needed to get more of it.