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#1
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OPEC getting uncomfortable with all of this talk about atlernative fuels.
I believe this is on topic here... mainly towards the biodiesel and WVO folks....
http://www.axcessnews.com/index.php/articles/show/id/11300 ![]() ![]() ![]() ![]() Here are a couple of choice quotes: "We have great concerns about this ... about policies which discriminate against oil" DISCRIMINATE??!!? "OPEC is growing uncomfortable with all of the global criticism toward oil and talk of alternative fuels..." All that comes to mind is...... payback.... what fun!
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NC Benz Fuquay-Varina, NC 1979 300D 1983 300D Turbo 260,000 Miles 1984 300D Turbo 345,000 Miles (sons car) OBK #31 1998 Ford Expedition 5.4l (fer Haulin'!) 145,000 1973 19' SeaRay with 115 Mercury TOWER OF POWER! Club Car Golf Cart 36V Ex toys: 1967 Mustang 289 (First Car) Fiat 124TC 1975 Honda CVCC 1980 Audi 5000 Turbo |
#2
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Exactly!
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#3
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Policies which encourage the use of biofuels aren't what they're worried about. Its the scientifically unfounded policies which critisise oil producers as somehow being responsible for anthropogenic climate change that they're rightly worried about.
Oil is the lifeblood of the civilised world. People would do well to remember that you can't have progress without it. |
#4
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Quote:
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NC Benz Fuquay-Varina, NC 1979 300D 1983 300D Turbo 260,000 Miles 1984 300D Turbo 345,000 Miles (sons car) OBK #31 1998 Ford Expedition 5.4l (fer Haulin'!) 145,000 1973 19' SeaRay with 115 Mercury TOWER OF POWER! Club Car Golf Cart 36V Ex toys: 1967 Mustang 289 (First Car) Fiat 124TC 1975 Honda CVCC 1980 Audi 5000 Turbo |
#5
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It's good for them. The oil companies have pretty much had a monopoly on the fuel market since the get go. Henry Ford's first car was built to run on ethanol, and Rudolph Diesel's first diesel was built to run on peanut oil. But petro fuels became so much cheaper then that the switch was made to gasoline and diesel. The oil companies have had the corner on the market for nearly 100 years. Now they are starting to get some competition from some cleaner burning fuels and they start whining. Maybe they should have started thinking about the days when oil would become too expensive and/or hard to find, and start looking into alternative fuel options. Gasoline here a few weeks ago was more than $3.30/gallon. While biodiesel was just under $3.30/gallon. Makes the ol' biodiesel look a lot more appitizing to people. People are cheapskates, they tend to buy what is cheapest when it comes to fuel. If biodiesel and ethanol become cheaper then people are going to start wanting to use that instead of gas and diesel. Apparently there are enough people that believe the global warming story that they want to start using cleaner burning fuels, maybe the big oil companies need to shift gears, before they become obsolete
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Andrew '04 Jetta TDI Wagon ![]() '82 300TD ~ Winnie ~ Sold '77 300D ~ Sold
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#6
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Quote:
I have no friggin' problem empowering American agriculture at the expense of foreign shieks. In fact, I wish we'd speed it up. Let the Chinese be the arbiters of Middle East Peace, so they can pay with body count for the oil. |
#7
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kick em while they are down.. kick em
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#8
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I don't think they are too worried. Anyone get the Q2 profit reports from say Exxon/ Mobil yet?
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2016 Corvette Stingray 2LT 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
#9
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If they don't sell it to us here with our emissions standards, they'll sell it in other countries that don't have them or are no where near as stringent. Until the last drop is sucked out of the ground there will be a buyer for it. And most likely it will be a Kyoto-exempt Third World or Emerging economy with few, if any, clean air/emissions laws.
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![]() 1980 300TD-China Blue/Blue MBTex-2nd Owner, 107K (Alt Blau) OBK #15 '06 Chevy Tahoe Z71 (for the wife & 4 kids, current mule) '03 Honda Odyssey (son #1's ride, reluctantly) '99 GMC Suburban (255K+ miles, semi-retired mule) 21' SeaRay Seville (summer escape pod) |
#10
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Big Oil will have no problems in the transition. They will simply invest in, or partner with, biofuel companies and the like, and reinvent themselves as the 'clean energy people'.
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1985 380SE Blue/Blue - 230,000 miles 2012 Subaru Forester 5-speed 2005 Toyota Sienna 2004 Chrysler Sebring convertible 1999 Toyota Tacoma |
#11
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well if the bastards are so concerned about it, then lower the price...
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"It's normal for these things to empty your wallet and break your heart in the process." 2012 SLK 350 1987 420 SEL |
#12
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I hope there will be a day that they have a "Live Aid" for the ME and I can tell them to f-off when they ask for lunch money.
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#13
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honestly, what can we the consumer do to stick it to these guys, especially if you need a vehicle to get to work? I am one of the fontunate few who can walk to and from work so my gas consumption is very low maybe two gallons a week at most.
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"It's normal for these things to empty your wallet and break your heart in the process." 2012 SLK 350 1987 420 SEL |
#14
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Valero Energy Corp. (VLO) is doing OK through all of this.
Check out the income statement here http://finance.yahoo.com/q/is?s=VLO&annual: GROSS PROFIT: 12/04 6.8 billion 12/05 10.5 billion 12/06 14.4 BILLION
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Currently driving a very clean 1985 300SD from the West Coast. ![]() |
#15
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The article mentioned that Petrobras was thinking about exporting ethanol to other countries. What I wish they would've mentioned is the fact that Brazil no longer needs to import any crude oil. They use alot of ethanol powered vehicles (and maybe powerplants too - don't know) and whatever demand they have for crude, they can meet with their own wells.
That is a scenario that I would like to see here - not so much to prevent global warming....more so, for independence on others. If OPEC were smart, they might consider aiding with research to help make gasoline and diesel powered vehicles more economical - this way, they can keep us dependent on their fuel, because once again, we'd be reluctant to explore alternative fuels, because they would not be worth the expense; especially if they should sell their crude a little cheaper -or- the available refined fuel finally meets and slightly surpasses demand. Until demand is lower than the supply, we will continue to have high fuel prices. There is no magic in this - the oil companies have announced that they will not increase production capacity as much as they first said they would (no big surprise there). Some bean counter figured out that if they increased capacity past a certain point, the record profits would fade away - stockholders will not allow such a thing. Which brings me to a side thought on oil stock holders....One the one hand, if I were to hold oil stocks, I'd be happy with the nice dividends and record profits wouldn't bother me. I can see the benefit of owning oil stocks very clearly. On the other hand, it is oil stock holders, demanding better and better returns, that are in part, indirectly responsible for those record profits - they demanded them, and Exxon put out. The only slight satisfaction I get out of this, is that Exxon (and their brethren) are a bunch of whores, and the stockholders their pimps; while we continue to pay and pay for the same old same old.
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It is a truism that almost any sect, cult, or religion will legislate its creed into law if it acquires the political power to do so. Robert A. Heinlein 09 Jetta TDI 1985 300D |
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