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Message: <blockquote data-quote="links" data-source="post: 725233" data-attributes="member: 3078">petrol..this should be something we will be worry about....The World is not running out of Oil . The World is running out of cheap oil....in short term those speculators in the market will pump up the petrol price in global market and petrol price tend to fluctuate....in long run, the cost of mining the petrol will also go up.... the demand of petrol will also go up.The major petrol consuming country like china are starting to build their Strategic Oil Reserve(SOR). Currently, US, Japan and germany have 100days reservation while China only have reserve which only last for 10 days.... China tried to buy over Unical, one of the largest petroleum company in US but failed so now they will have to buy in a lot of petrol directly from the market to build up the SOR planned for 30days which is 2 times more than current reserve.....China will consume as much as 1/3 of petrol in the world and you can imagine how much petrol they will need to keep for 30days reserve? Petrol is everywhere in our life....not only in the cars, power stations....petrol also use in various area....like those plastics....soaps....etc...if petrol price go up our living cost will also go up....many think fuel cell will help to reduce the petrol usage..infact...fuel cell cannot totally replace petrol in transportation...Each hydrogen fuel cell car requires approx. 60 gms of platinum !!!There are roughly 200 Million cars in this whole damn World and the reserve of platinum in the world may only enough to make 1/10 of the cars in the world....also, Granted that newer and cheaper catalysts ( Nickel-Tin ) are discovered to replace the expensive Platinum , a fundamental problem remains :Hydrogen is only a carrier of energy, it's not the source, meaning that you need energy to manufacture Hydrogen ( eg, by electrolysis ) . Where does the Energy come from ? From burning petrol ? From nuclear power plants ? But the world's total uranium storage can last only ~ 40 years.Petrol...something that will cause human headache...</blockquote>