Thorium reactor that Nathan Myhrvold's involved in.

Will the strike affect the price of coal?

Petroleum priced coal out of the energy market in Japan.

And finally, American families also pay a price for oil.

look it's energy, not oil, which counts.

The oil is priced off the margin.

He's interfering with our schedule to store the coal.

As oil prices go up, energy patents go up.

One of the things that we've got to do is to stabilize oil prices.

Coal is a fossil fuel.

There is no free market for oil.

Here's a piece of coal.

The oil companies increased the price of gas again.

When this happens, they're compressed under tons of pressure, and turned into carbon based fossil fuels

But then, these are inputs into a whole set of things.

Coal. Hint of silt.

When that gas blows up, people die.

This is the story of how Harriet came to pay attention.

Now, what does this have to do with energy?

Coal dust.

More coal doctor.

Price

Bioenergy is oil.

Just to move one person from one place to another.

So if I had one closing and modest suggestion,

Then auctions like eBay are another example of dynamic pricing.

The coal is burning.

Massive coal reserves.

Last point, last graph.

And then there's this guy, okay.

The thread that links them all our addiction to carbon based fuels,

The coal belt in Northern China,

The argument that it's a bridge fuel makes sense, because the amount of CO2 per unit of energy is lower than oil and coal, correct?

Coal consists mostly of carbon.

They substituted coal for oil.

Geologists scoured America.

But in the meantime, for the next decade at least, the name of the game is hydrocarbons.

Well, let's put a tax on oil that is a non revenue tax, and it basically says for the next 20 years, the price of oil will be whatever you want, 35 bucks, 40 bucks.

Par value

Redemption

Present value

Present values

Future value

Dr. Price?

Wenneck, Price, Garner.