Re:Why Peak Oil Will Never Lead To $500/bbl Crude Oil
by synnik on Monday May 03, 2010 @01:48PM
(#1315431)
But the electricity powering the Internet is also somewhat oil-based, depending on exactly what fuels you local plant runs.
It may not impact the individual homeowner, but the costs of the data centers and network providers will increase alongside oil prices.
[ Parent
| on HN ]
Re:Why Peak Oil Will Never Lead To $500/bbl Crude Oil
by robryan on Monday May 03, 2010 @01:59PM
(#1315477)
True, without any specific knowledge I would guess that power online services would still be more economical than revering back to an offline business model. Sure the costs will go up but freighting costs will go up more.
Re:Why Peak Oil Will Never Lead To $500/bbl Crude Oil
by philwelch on Monday May 03, 2010 @02:06PM
(#1315505)
Very little electricity is petroleum based anymore. Depending on region it's mostly coal, hydro, or nuke.
Re:Why Peak Oil Will Never Lead To $500/bbl Crude Oil
by synnik on Monday May 03, 2010 @09:14PM
(#1316666)
It depends entirely on pricing. Most "coal" plants switch between coal and natural gas based on current market trends. And even if coal is burned, the fuel to get the coal to the plant is petroleum-based.
There are a lot of complexities involved. Of course, working in the natural gas industry, I only have limited knowledge. :)