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anotherspringborg 
Group: Members
Posts: 42
Joined: Aug. 2008
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Posted on: Sep. 15 2008,6:27 pm |
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If i read right oil prices are under 100 a barrel (Give or Take) Gas prices around here are between 3.60 and 3.70 a gallon. I wonder what the gas prices were the last time oil was under 100 a barrel. I bet it was under 3.00 a gallon
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| Post Number: 2
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Botto 82
Group: Members
Posts: 6293
Joined: Jan. 2005
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Posted on: Sep. 15 2008,7:16 pm |
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The difference between then and now might be the devaluation of the U.S. Dollar, through the idiotic inflationary influence of the Fed.
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Dear future generations: Please accept our apologies. We were rolling drunk on petroleum.
- Kurt Vonnegut
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| Post Number: 3
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anotherspringborg
Group: Members
Posts: 42
Joined: Aug. 2008
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Posted on: Sep. 15 2008,8:42 pm |
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Crude prices shed more than $5 a barrel and have now given up virtually all their gains for the year, extending a steep, two-month slide from record levels above $147 a barrel
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| Post Number: 4
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Common Citizen
Group: Members
Posts: 4818
Joined: Jul. 2006
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Posted on: Sep. 16 2008,8:36 am |
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$95.71 a barrel
So why have the local stations increased their prices in the last few days to $3.75/gallon...$147 a barrel earlier this year and that was their excuse to raise prices at that time...wasn't it? 
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| Post Number: 5
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grassman
Group: Members
Posts: 3858
Joined: Mar. 2006
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Posted on: Sep. 16 2008,9:16 am |
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Back when oil was at it's peak, a refinery rep was on tv saying "we only make $.35 a gallon PROFIT off gasoline". Considering how many gallons per day, that's alot of PROFIT. Funny how they can minimize the amount by how it is phrased. 35 cents does not seem like much by itself. The continued fall of America, GREED!
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git er done!
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| Post Number: 6
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Saggin'Pants
Group: Members
Posts: 240
Joined: Sep. 2008
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Posted on: Sep. 16 2008,6:30 pm |
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All the easy oil is gone. We're going to wind and natural gas until we figure out to to make cars run without gas.
Won't be for 20 years though.
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| Post Number: 7
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jimhanson
Group: Moderator
Posts: 8491
Joined: Aug. 2003
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Posted on: Sep. 16 2008,7:12 pm |
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Better make it longer than that.
You COULD make your car run on hydrogen--but it is explosive, not compact, and requires special handling.
You COULD make your car run on coal--but not until it has been processed into liquid.
You COULD make your car run on electricity--but that begs the question of where the electricity comes from. While commuter cars could run on electricity, longer-range cars and commercial vehicles don't make it.
You COULD run on Compressed Natural Gas, as Pickens advocates--but the energy density isn't there--in order to get 400-500 mile range like today's cars, it would take a tank almost the size of a car. Then there's the COST of CNG--auto and heating fuel competing.
People talk about ethanol--but synfuels the way they are presently being done in the U.S. are the wrong way to go--food into fuel, and a 1-1 conversion ratio. Maybe cellulose production will work.
You COULD run your car on wood-charcoal--it was done all over the world during WW II--but the engine doesn't last long, you have to build a fire an hour before you want to drive, and the pollution is terrible.
Libbies like to say that "new technology" is going to save us--and I wouldn't rule that out entirely--but I wouldn't put all my eggs in that basket, either.
Drill the North Slope, drill the coasts, develop the "new technologies"--and take whichever fuel is cheapest. Anybody want to bet on whether "new oil" or "new technologies" come on line first? 
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"If you want to anger a Conservative, tell him a lie. If you want to anger a LIBERAL, tell him the TRUTH!"
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| Post Number: 8
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Saggin'Pants
Group: Members
Posts: 240
Joined: Sep. 2008
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Posted on: Sep. 16 2008,7:19 pm |
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No Obama drama, he's not against new drilling. Drill, drill, drill! Don't let Johnny the GI mislead you.
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| Post Number: 9
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jimhanson
Group: Moderator
Posts: 8491
Joined: Aug. 2003
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Posted on: Sep. 16 2008,8:13 pm |
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That was before Newt proved how popular drill, drill, drill was.
Obama--always attuned to the political wind, changed his mind and said "OK, but only until the new technology comes on line."
From the reliably liberal Palm Beach Post QUOTE Obama has opposed exposing more coastline to drilling, saying that oil companies have not fully explored the areas open to drilling now and insisting that it would have little immediate impact on prices at the pump.
After speaking to a capacity crowd at Gibbs High School auditorium in St. Petersburg, he told the Post he would be open to expanding the current drilling boundaries if it meant winning approval for more fuel-efficient cars, developing alternative energy sources and making the country more "energy independent."
It's right on the computer--you COULD look it up for yourself before posting. 
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"If you want to anger a Conservative, tell him a lie. If you want to anger a LIBERAL, tell him the TRUTH!"
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| Post Number: 10
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grassman
Group: Members
Posts: 3858
Joined: Mar. 2006
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Posted on: Sep. 18 2008,7:17 am |
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Everyone is saying we are not drilling. When Ike was coming ashore they had a map of all the rigs out there. Man it looked like there was quite a few rigs out there already. Something still stinks about the whole thing. Smoke screen after smoke screen.
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git er done!
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