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#16
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Have any of you checked out this website?
Energy Information Administration Gas and Diesel Fuel Update |
#17
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If the government was comprised of people that were focused on you and me and all the people of the world instead of their personal vast self interests, you would see farmers growing crops to fuel our non-polluting cars as Mr. Diesel intended. Instead he was found floating in a river and we will be paying $5.00 in short order.
(editorial) Don
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1980 300TD-T (82 Turbo and Trans) 159,000 Miles "Jackie-O" 1983 300SD 272,000 Miles "Aristotle" 1987 Jeep Wagoneer Limited - keeps the MB's off the ice and out of the snow 1994 BMW 530it |
#18
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If you're having a hard time fueling up your car with oil at $60 a barrel, how are you going to handle oil at $380 a barrel?
http://www.energybulletin.net/5816.html Now might be a good time to consider a few lifestyle changes which could make life a lot better, if oil does indeed increase in price to this extent. |
#19
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I heard on a financial news radio show this weekend that for oil to reach an all time high as adjusted for inflation, it would have to reach $90 per barrel.
Have a great day, |
#20
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Excellent point Larry B. And thank you for it. All things considered, the prices still don't hurt like they did back in the '70's.
The problem with pump prices is refinery capacity not an oil shortage. There is more crude oil available now than ever before with advanced extraction techniques. However, as one Saudi prince said the other day: sure, we'll increase production by 500,000 barrels per day, but the US still has to refine it, and they have no additional capacity. Since the US makes the building of new refineries a near impossibility, the Saud's and others are now looking to build them and send us refined products instead of the crude. More jobs gone overseas and who will be blamed??? Sorry to make this a political rant, but fuel price discussions are always about that. DS 87 300D Northern Iowa |
#21
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Well BD is $3 here so I'll never be paying much more then 3, unless they get greedy too, but no, only republicans care about money.
-Nate who to be blamed about not building refineries? I'd say the government in general, not specifically the bush admin, because we could have built a WHOLE LOT of oil refineries in the last few years, same govn't bull***** reasons we don't have more nuclear power. Well, I'm going to be leaving america and not buying fuel again for 13 months in october so as long as I can make it to then. Not many filling stations at the south pole. I'm going to be so happy to be away from all this bs. After that I hope oil goes to $120/bar then I can get funding for the smart development where no one has to drive anywhere.
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'82 240D, 4-speed, 617 turbo engine Last edited by CannonBall; 06-24-2005 at 12:38 PM. |
#22
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Quote:
Bingo! Cannonball, It is not the Bush administration that is to blame for lack of refineries or not drilling in Alaska. It is the liberals that are behind such environmental extremism. Have a great day, |
#23
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The funniest statement I have heard thus far in this go-around of high crude prices was this morning I read a report saying lack of refining capacity is the cause for high crude prices. Uhh, did I miss something? That is like saying corn prices should go up if a grain elevator explodes. Fuel prices are dependent on refining capacity, but not crude. Sometimes I just have to laugh...
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Keep everything as simple as possible-but no simpler--Albert Einstein |
#24
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Quote:
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1984 300SD Turbo Diesel 150,000 miles OBK member #23 (\__/) (='.'=) This is Bunny. Copy and paste bunny into your (")_(") signature to help him gain world domination |
#25
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Quote:
They did say they would pick up the slack by refining before the distribute. I agree about the Liberals. When people flip the switch they want the lights to go on. When the pull the flush lever they want the waste to go away. They don't care where it comes from or where it goes. The H2 Hummer and similar "urban assault vehicles" should be BANNED. Danny
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1984 300SD Turbo Diesel 150,000 miles OBK member #23 (\__/) (='.'=) This is Bunny. Copy and paste bunny into your (")_(") signature to help him gain world domination |
#26
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According to this site, http://www.eia.doe.gov/pub/oil_gas/petroleum/analysis_publications/arctic_national_wildlife_refuge/html/execsummary.html the potential oil yield from the ANWR is 10.3 billion barrels of recoverable oil.
That sounds like a lot, until you figure that the U.S. imports about 13 million barrels DAILY. http://www.investors.com/breakingnews.asp?journalid=28268852&brk=1 If you divide 10.3 billion by 13 million, you'll find that the ANWR will be able to replace imported oil for about 800 days. In just over 2 years it could be all used up. Finding and refining oil won't cure the problem. We'll just have to learn how to use less oil. MUCH less. (And biodiesel isn't the answer. It takes more energy inputs to grow and process biodiesel than is returned via the end product) |
#27
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hubberts peak?
The oil crises in the '70s were the result of OPEC imposing a trade embargo of sorts, correct? This rise in oil prices seems to be something completely different, because it is a supply problem. If you want more info do a google search on "Hubbert's Peak" or "Peak Oil". From everything I have read, the bell curve assessment of production rates (which when applied to demand, directly influences cost) seems to work... This is one website: http://www.geocities.com/davidmdelaney/after-oil-david-fleming.html
SVO sounds good to me (its also only about $1/gal for clean ex-food-grade rancid stuff).. WVO is a close second |
#28
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Quote:
just a thought |
#29
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The price of crude would be dropping like a rock if the bottleneck was at refining. That would mean they could not move the oil from the ground, and out of their stock and into the refining process. If the refining process was double what it is today in this country and we placed higher demands on the crude, prices would make today's price look like the cost of water.
The only reason we have going on what we do....is oil has been and will continue to be big business with big bucks at stake and those wanting to protect their wealth controlling policies. It won't be the first time someone says one thing and does another and look at who's putting cash in their pockets.
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1980 300TD-T (82 Turbo and Trans) 159,000 Miles "Jackie-O" 1983 300SD 272,000 Miles "Aristotle" 1987 Jeep Wagoneer Limited - keeps the MB's off the ice and out of the snow 1994 BMW 530it |
#30
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Ever seen the gas prices in Europe??????? We've had it good for a long long time......
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