Oil thread 9-7-06:Former BP head of Pipeline invokes 5th

[dmcowen674]

Originally posted by: Vic

Originally posted by: dmcowen674
No, there was possibility of $100/bbl last year.

$262 Cool :thumbsup: that should translate to $7.50 gal gas :laugh:

Why is that cool?

It would hurt the poor and make the rich richer.

Are you saying that is what you want?

Or are you just trolling again as usual?

Yes, I've said it many times before, that is what the Country needs, tough love.

Not enough people are affected to the breaking point to revolt back against the establishment including yourself because you are obviously part of said establishment.

 

[Vic]

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674
No, there was possibility of $100/bbl last year.

$262 Cool :thumbsup: that should translate to $7.50 gal gas :laugh:

Why is that cool?

It would hurt the poor and make the rich richer.

Are you saying that is what you want?

Or are you just trolling again as usual?

Yes, I've said it many times before, that is what the Country needs, tough love.

Not enough people are affected to the breaking point to revolt back against the establishment including yourself because you are obviously part of said establishment.

How am I "obviously" part of said establishment? Because I don't support your "ends justify the means" agenda of destruction? If anything, YOU are part of this establishment. An unwitting pawn of those who would keep the common people under the boot. No shocker there. "People who bite the hand that feeds them usually lick the boot that kicks them." (Eric Hoffer)

 

[Zebo]

Originally posted by: Vic

Originally posted by: dmcowen674
No, there was possibility of $100/bbl last year.

$262 Cool :thumbsup: that should translate to $7.50 gal gas :laugh:

Why is that cool? It would hurt the poor and make the rich richer. Are you saying that is what you want? Or are you just trolling again as usual?

Just the opposite.. I can hear it now... Shipping containers of goods from china just got a lot more expensive.. US factories hire at record levels.

If we're gonna talk about self serving...Personally I like to see more like $1000 a barrel... only then do I think we will reduce pollution and HWY congestion.. I hate going to orange county to visit my sister and brother. Feel like I'm gonna die.. eyes get red..can't breath and I am lucky I'm not carrying.. Some people would get blasted for thier rude road manners/.

 

[Whoozyerdaddy]

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674
No, there was possibility of $100/bbl last year.

$262 Cool :thumbsup: that should translate to $7.50 gal gas :laugh:

Why is that cool?

It would hurt the poor and make the rich richer.

Are you saying that is what you want?

Or are you just trolling again as usual?

Yes, I've said it many times before, that is what the Country needs, tough love.

Not enough people are affected to the breaking point to revolt back against the establishment including yourself because you are obviously part of said establishment.

How am I "obviously" part of said establishment? Because I don't support your "ends justify the means" agenda of destruction? If anything, YOU are part of this establishment. An unwitting pawn of those who would keep the common people under the boot. No shocker there. "People who bite the hand that feeds them usually lick the boot that kicks them." (Eric Hoffer)

Ha Ha... You're arguing with Dave... *Points and Laughs*


It's kind of hard to imagine Iran or Venezuela just unilateraly turning off the spigot. Without oil those countries have nothing. They could definitely shake up the commodities markets with threats or even brief, temporary shut downs and I can definitely see $100/bbl oil as a result of that.

But a total shut down resulting in $262/bbl oil is hard to fathom. Not saying it's impossible... just saying it's hard to visualize. For Iran or Venezuela that would be akin to cutting off your nose to spite your face.

 

[Strk]

Originally posted by: Whoozyerdaddy

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674
No, there was possibility of $100/bbl last year.

$262 Cool :thumbsup: that should translate to $7.50 gal gas :laugh:

Why is that cool?

It would hurt the poor and make the rich richer.

Are you saying that is what you want?

Or are you just trolling again as usual?

Yes, I've said it many times before, that is what the Country needs, tough love.

Not enough people are affected to the breaking point to revolt back against the establishment including yourself because you are obviously part of said establishment.

How am I "obviously" part of said establishment? Because I don't support your "ends justify the means" agenda of destruction? If anything, YOU are part of this establishment. An unwitting pawn of those who would keep the common people under the boot. No shocker there. "People who bite the hand that feeds them usually lick the boot that kicks them." (Eric Hoffer)

Ha Ha... You're arguing with Dave... *Points and Laughs*


It's kind of hard to imagine Iran or Venezuela just unilateraly turning off the spigot. Without oil those countries have nothing. They could definitely shake up the commodities markets with threats or even brief, temporary shut downs and I can definitely see $100/bbl oil as a result of that.

But a total shut down resulting in $262/bbl oil is hard to fathom. Not saying it's impossible... just saying it's hard to visualize. For Iran or Venezuela that would be akin to cutting off your nose to spite your face.

Not only that, but Venezuela doesn't hate America, only Dubya. The likelihood of Chavez saying "screw this" is so incredibly stupid.

 

[Zebo]

Originally posted by: Whoozyerdaddy

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674
No, there was possibility of $100/bbl last year.

$262 Cool :thumbsup: that should translate to $7.50 gal gas :laugh:

Why is that cool?

It would hurt the poor and make the rich richer.

Are you saying that is what you want?

Or are you just trolling again as usual?

Yes, I've said it many times before, that is what the Country needs, tough love.

Not enough people are affected to the breaking point to revolt back against the establishment including yourself because you are obviously part of said establishment.

How am I "obviously" part of said establishment? Because I don't support your "ends justify the means" agenda of destruction? If anything, YOU are part of this establishment. An unwitting pawn of those who would keep the common people under the boot. No shocker there. "People who bite the hand that feeds them usually lick the boot that kicks them." (Eric Hoffer)

Ha Ha... You're arguing with Dave... *Points and Laughs*


It's kind of hard to imagine Iran or Venezuela just unilateraly turning off the spigot. Without oil those countries have nothing. They could definitely shake up the commodities markets with threats or even brief, temporary shut downs and I can definitely see $100/bbl oil as a result of that.

But a total shut down resulting in $262/bbl oil is hard to fathom. Not saying it's impossible... just saying it's hard to visualize. For Iran or Venezuela that would be akin to cutting off your nose to spite your face.

Did you even read the article? Your right about one thing - hard to fathom - because it makes the 262 prediction with house of suad falling which they say is almost impossible.

 

[Vic]

Originally posted by: Whoozyerdaddy
Ha Ha... You're arguing with Dave... *Points and Laughs*

Originally posted by: Strk
Not only that, but Venezuela doesn't hate America, only Dubya. The likelihood of Chavez saying "screw this" is so incredibly stupid.

Chavez can't afford to hate America. Without the profits from PDVSA's oil exports, his socialist economy would collapse.

 

[Engineer]

Discovery in Gulf of Mexico deep water could result in 10,000,000,000 barrels of crude. WOW!

Ramirez said the new area has a potential of 10 billion barrels of crude oil equivalent. He said the Noxal exploratory well has perforated 3,200 meters (10,500 feet) into the seabed at a depth of 935 meters (3,000 feet), finding gas and liquids. The well will seek crude oil at 4,000 meters (13,100 feet).

Uh, after doing the math, that's only 500 days for the US alone. Not as good as one thought!

 

[conjur]

Yeah, that's only about 2/3 of the oil in ANWR which all know won't amount to a hill of beans despite the GOP's dogged desire to tap it.

 

[Vic]

So... we shouldn't drill at all until we find that one super-huge find that all by itself yields enough to last the US for decades and decades?

 

[Vic]

Originally posted by: Zebo

Originally posted by: Vic

Originally posted by: dmcowen674
No, there was possibility of $100/bbl last year.

$262 Cool :thumbsup: that should translate to $7.50 gal gas :laugh:

Why is that cool? It would hurt the poor and make the rich richer. Are you saying that is what you want? Or are you just trolling again as usual?

Just the opposite.. I can hear it now... Shipping containers of goods from china just got a lot more expensive.. US factories hire at record levels.

If we're gonna talk about self serving...Personally I like to see more like $1000 a barrel... only then do I think we will reduce pollution and HWY congestion.. I hate going to orange county to visit my sister and brother. Feel like I'm gonna die.. eyes get red..can't breath and I am lucky I'm not carrying.. Some people would get blasted for thier rude road manners/.

With all due respect, this is ridiculous. First, regardless of the cost of oil, marine is always the cheapest form of shipping. If the cost of oil goes up, it goes up everywhere and for everything, not just in China. Second, rich people, by very definition, are far more capable of dealing with rough economic times than poor people. The rich only become a little less rich (on an absolute basis, which doesn't even really apply as rich is a relative term) while the poor starve to death while sleeping out in the cold.

So yes, you are being very self-serving. "Damn those poor people, why must they congest my highway!" Bad news for you -- you have to share the world with the rest of us.

 

[charrison]

Originally posted by: Vic
So... we shouldn't drill at all until we find that one super-huge find that all by itself yields enough to last the US for decades and decades?

Shame they cant ad hills of beans together. A hill of beans here and a hill of beans there and will add up.

 

[Vic]

Originally posted by: charrison

Originally posted by: Vic
So... we shouldn't drill at all until we find that one super-huge find that all by itself yields enough to last the US for decades and decades?

Shame they cant ad hills of beans together. A hill of beans here and a hill of beans there and will add up.

Hey, "a billion here and billion there and pretty soon you're talking about some serious money."

 

[Zebo]

Originally posted by: Vic

Originally posted by: Zebo

Originally posted by: Vic

Originally posted by: dmcowen674
No, there was possibility of $100/bbl last year.

$262 Cool :thumbsup: that should translate to $7.50 gal gas :laugh:

Why is that cool? It would hurt the poor and make the rich richer. Are you saying that is what you want? Or are you just trolling again as usual?

Just the opposite.. I can hear it now... Shipping containers of goods from china just got a lot more expensive.. US factories hire at record levels.

If we're gonna talk about self serving...Personally I like to see more like $1000 a barrel... only then do I think we will reduce pollution and HWY congestion.. I hate going to orange county to visit my sister and brother. Feel like I'm gonna die.. eyes get red..can't breath and I am lucky I'm not carrying.. Some people would get blasted for thier rude road manners/.

With all due respect, this is ridiculous. First, regardless of the cost of oil, marine is always the cheapest form of shipping. If the cost of oil goes up, it goes up everywhere and for everything, not just in China. Second, rich people, by very definition, are far more capable of dealing with rough economic times than poor people. The rich only become a little less rich (on an absolute basis, which doesn't even really apply as rich is a relative term) while the poor starve to death while sleeping out in the cold.

So yes, you are being very self-serving. "Damn those poor people, why must they congest my highway!" Bad news for you -- you have to share the world with the rest of us.

Per mile I don't disagree. But so what? You still have the distribution cost here whether it's made here or China which does'nt change.. Infact it's higher due to Single POE east or west coast vs. centrally located midwest manuf facitliy.. A crate right now is ~$3200 from Asia (higher for laden cargo) which is already getting to the point where some manufacfturing has become more attractive here. As fuel continues to rise it will only become more attractive. .. Now if I could only get my union brothers to demand 300K a year to offload the shat we might have 100% employment again

 

[charrison]

Originally posted by: Zebo

Originally posted by: Vic

Originally posted by: Zebo

Originally posted by: Vic

Originally posted by: dmcowen674
No, there was possibility of $100/bbl last year.

$262 Cool :thumbsup: that should translate to $7.50 gal gas :laugh:

Why is that cool? It would hurt the poor and make the rich richer. Are you saying that is what you want? Or are you just trolling again as usual?

Just the opposite.. I can hear it now... Shipping containers of goods from china just got a lot more expensive.. US factories hire at record levels.

If we're gonna talk about self serving...Personally I like to see more like $1000 a barrel... only then do I think we will reduce pollution and HWY congestion.. I hate going to orange county to visit my sister and brother. Feel like I'm gonna die.. eyes get red..can't breath and I am lucky I'm not carrying.. Some people would get blasted for thier rude road manners/.

With all due respect, this is ridiculous. First, regardless of the cost of oil, marine is always the cheapest form of shipping. If the cost of oil goes up, it goes up everywhere and for everything, not just in China. Second, rich people, by very definition, are far more capable of dealing with rough economic times than poor people. The rich only become a little less rich (on an absolute basis, which doesn't even really apply as rich is a relative term) while the poor starve to death while sleeping out in the cold.

So yes, you are being very self-serving. "Damn those poor people, why must they congest my highway!" Bad news for you -- you have to share the world with the rest of us.

Per mile I don't disagree. But so what? You still have the distribution cost here whether it's made here or China which does'nt change.. Infact it's higher due to Single POE east or west coast vs. centrally located midwest manuf facitliy.. A crate right now is ~$3200 from Asia (higher for laden cargo) which is already getting to the point where some manufacfturing has become more attractive here. As fuel continues to rise it will only become more attractive. .. Now if I could only get my union brothers to demand 300K a year to offload the shat we might have 100% employment again

You want to see your union brothers unemployed? Port operations can already be done with very little human intervention.

 

[conjur]

Originally posted by: Vic
So... we shouldn't drill at all until we find that one super-huge find that all by itself yields enough to last the US for decades and decades?

What's the point of spending billions to tap something that won't have any effect? Why not spend it developing safe nuclear power? What about spending it to develop ethanol-powered vehicles or some other type of fuel?

Gotta break that addiction to oil sometime.

 

[ShadesOfGrey]

Originally posted by: conjur

Originally posted by: Vic
So... we shouldn't drill at all until we find that one super-huge find that all by itself yields enough to last the US for decades and decades?

What's the point of spending billions to tap something that won't have any effect? Why not spend it developing safe nuclear power? What about spending it to develop ethanol-powered vehicles or some other type of fuel?

Gotta break that addiction to oil sometime.

And in the mean time?
You fringe types don't seem to understand that even if we developed alternate fuels(which I fully support) we still need oil.

 

[dmcowen674]

Originally posted by: ShadesOfGrey

Originally posted by: conjur

Originally posted by: Vic
So... we shouldn't drill at all until we find that one super-huge find that all by itself yields enough to last the US for decades and decades?

What's the point of spending billions to tap something that won't have any effect? Why not spend it developing safe nuclear power? What about spending it to develop ethanol-powered vehicles or some other type of fuel?

Gotta break that addiction to oil sometime.

And in the mean time?
You fringe types don't seem to understand that even if we developed alternate fuels(which I fully support) we still need oil.

We have plenty of Oil, what's your point???

 

[conjur]

Originally posted by: ShadesOfGrey

Originally posted by: conjur

Originally posted by: Vic
So... we shouldn't drill at all until we find that one super-huge find that all by itself yields enough to last the US for decades and decades?

What's the point of spending billions to tap something that won't have any effect? Why not spend it developing safe nuclear power? What about spending it to develop ethanol-powered vehicles or some other type of fuel?

Gotta break that addiction to oil sometime.

And in the mean time?
You fringe types don't seem to understand that even if we developed alternate fuels(which I fully support) we still need oil.

I'm a fringe type? :laugh: :laugh: :laugh:

That's rich.


Anyway, there's plenty of oil to last another couple of decades at least. And the price of oil would be about half what it is now if it weren't for the war mongers in the White House running around invading countries and threatening to invade others. Esp. when said countries sit on top of the largest oil fields in the world.

 

[JacobJ]

damnit -- gas should be cheap so that we can keep going fast.

 

[zephyrprime]

Originally posted by: conjur What about spending it to develop ethanol-powered vehicles

As far as ethanol goes, there are a lot of cars that can already burn 85% ethanol and most cars can burn 10% ethanol so there doesn't really need to be a lot of research done in that area. Its actually really easy to make a car burn ethanol. Just change the seals to something that isn't dissolved by ethanol and reprogram the computer a little and that's about it.

 

[NanoStuff]

Incidentally, from what I've read, at least four new ethanol plants are opening up in Iowa in '05.

These plants burn coal, just FYI.

 

[Strk]

Originally posted by: zephyrprime

Originally posted by: conjur What about spending it to develop ethanol-powered vehicles

As far as ethanol goes, there are a lot of cars that can already burn 85% ethanol and most cars can burn 10% ethanol so there doesn't really need to be a lot of research done in that area. Its actually really easy to make a car burn ethanol. Just change the seals to something that isn't dissolved by ethanol and reprogram the computer a little and that's about it.

Biodiesel >>>>>>>>>>>>>>>>>>> ethanol

 

[dmcowen674]

Originally posted by: Strk

Biodiesel >>>>>>>>>>>>>>>>>>> ethanol[/quote]

You would think power hungry Americans would want power biodiesel engines.

Just shows that Gas is not high enough and we need to get the price of biodiesel below the price of gas.

 

[charrison]

Originally posted by: dmcowen674

Originally posted by: Strk

Biodiesel >>>>>>>>>>>>>>>>>>> ethanol

You would think power hungry Americans would want power biodiesel engines.

Just shows that Gas is not high enough and we need to get the price of biodiesel below the price of gas.[/quote]

The reason we dont have more diesels on the road in the US is the EPA. Diesel engines produce too much particulate matter to pass emissions tests. However low sulfer diesel is coming to the US this year and diesels with particulate matter filters are on the horizon.