Quote:
Originally Posted by dcb
I don't have the research to say that with certainty, but if price per unit of energy is any indication then that pretty much tells the story.
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I like this reasoning - cost tells us a lot about a system
Some data
losses are 7.2% in the US for electrical transmission
Electric power transmission - Wikipedia, the free encyclopedia
hard to compare to pumping and boating but ...
5-10% of oil cost is transportation
International Oil Transportation
I know this is not apples for apples - but transportation cost are
practically identical
and if percent usage in vehicles is any indication
then that pretty much tells us a completely different story about cost
The costs are in another piece of the puzzle
part of it is in the subject Ernie is talking about - unit accounting, if you will