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wchen

Member Since 27 Jun 2004
Offline Last Active Apr 08 2009 09:37 PM
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Posts I've Made

In Topic: Underwater Wide Angle

20 July 2008 - 02:23 PM

i've heard much about that pier. those are awesome pics.

In Topic: Philippines Tobies

20 July 2008 - 02:17 PM

nice.

Jim, did you use a focus light?

In Topic: Similan Islands - Thailand 2008

20 July 2008 - 02:14 PM

nice tack sharp photos! yah, you have a new camera, but it's the photographer who got the sharp images.

In Topic: Cal's Semi kelp forest shots

20 July 2008 - 02:10 PM

the fourth and last shots are beautiful!

In Topic: The sliding $US and the price of Oil

20 July 2008 - 01:56 PM

James - thanks for sharing your insider info. I think you're spot on about US currency valuation as a major factor to oil prices. Most Americans are misinformed. The fed's probably pumped over 2 trillion bailing out the major financial institutions in the last 12 months. Thats before probably another 2 trillion in the next 12 months and before the full bailout of Lehman, Citigroup, Merrill, Freddie, and Fannie. Many OPEC countries are now selling oil based on Euro. They're not dumb, I would't accept dollars either. Currency issues will get worse and probably never correct in our lifetimes.

There's some misinformation about hydrogen fuel and other alternatives. There's been massive progress on using bacteria to product hydrogen. It's considered so viable that hundreds of millions are being invested right now. The other hot area that VCs are investing big money is in using bioengineering and algae to product both petrol grade fuel and diesel with algae.

Had we had the will, for the 3-5 trillion that we will spend on bush boy's wars, we could have easily installed solar on every house in the US plus build out an entire array of windpower across the country plus probably rebuild every school in the country. So it's a bunch of shit that we didn't have the money nor the technolgy.

In the end diving will probably become prohibitive to many and certainly I think dive businesses riding on the margins will have a difficult time staying profitable and in business.