Sunday, June 8, 2008

Conservation of material and energy

The latest round of increases in energy prices has added to the upside risks to inflation.
The conservation of material and energy is one of the famous rules in science although it doesn’t relate to this rule but always I have a model in my mind. If Energy prices increases the food and other prices will increase.
Oil is the lifeblood of the functioning of global economies since it is an important energy source for most industrialized or industrializing countries. As long as demand remains strong while supply scarcity exists, prices are likely to continue up-trending. The bottom line is: oil prices are up because we are running into actual limits on commodity production.
A few weeks ago the crisis commodity switched from oil to rice. Now it’s back to oil again and logically so, one would argue. After all, crude futures surged almost 8.5% on Friday, touching for the first time ever $139 per barrel.
Oil prices have risen by as much as 97% in 12 months and 165% in 3 years - suggesting that something more than just supply and demand are driving oil prices to their current historic record levels.
Increasing of Food prices made a big doubt about one kind of renewable energy that we knew as biofuels or biodiesel.
Many governments acclaimed that they should think about restriction of using food to producing energy.
If we want to live on the earth as mankind need to be alive and the much important thing for us is food. In this case we completely understood that these kinds of renewable energies are not appropriate for future although we can use for a while in special cases.
Which source for energy is better than nature? And what is the source of all energies in the world?
Yes, we should use different source of available energies which initiated from Sun .
We must harvest more Light from Sun.

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