Re: Proof
Are these the same book? or is there really a book called "The Color of Oil"
AndyVecsey said:
Are these the same book? or is there really a book called "The Color of Oil"
Arizona gas crisis
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Yellow Rose
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The Color of Money - Oops
Is this the same book as the one you just mentioned? or is there really a book called "The Color of Oil"
The book exists. Printed through Gulf Publishing Company, Box 2608, Houston, Texas 77252, copyright 2000, 203 pgs, hardback.
BK - good catch, it took me two reads to catch my mistake. I'll leave the title as is, and go shoot some nine-ball tonight.
Is this the same book as the one you just mentioned? or is there really a book called "The Color of Oil"
The book exists. Printed through Gulf Publishing Company, Box 2608, Houston, Texas 77252, copyright 2000, 203 pgs, hardback.
BK - good catch, it took me two reads to catch my mistake. I'll leave the title as is, and go shoot some nine-ball tonight.
i'm sure it's a book worthy to be read.....
i hope you don't think i'm the Burger King.....
i hope you don't think i'm the Burger King.....
Glad I'm only having to put gas in one Acura right now. And it is the one that gets the best mileage. Whew !
Yellow Rose
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Yo Maurice - me (us) too. What else can you tell us?
Is there any end in sight for this oil problem?
Yellow Rose
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Yes.....about 2-300 years when the world's current recoverable oil reserves have been depleted. No doubt there will be new fields discovered; however, there is only a finite quantity of crude oil to begin with. So when you consider that the oil industry is about 100 years old, one could argue that we are 1/4 to 1/3 of the way consuming naturally-formed hydrocarbon energy.
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Bunk
Everything I have read indicates your 2-300 year figure to be closer to 25-50 years. Although I think that assumes oil consumption will continue to increase at the current rate.
From pg 166 in the book "The Color of Oil" it lists known reserve volumes and current consumption rates. It is simple math, really. Current reserves divided by consumption (factoring in annual increases) equals how many more years we have left of natural hydrocarbons. To quote the book directly, "We predict the world will not run out of oil for the next three centuries, at least."
Do you for a moment think that Saudi Arabian oil will be gone in five decades? C'mon, now.
Everything I have read indicates your 2-300 year figure to be closer to 25-50 years. Although I think that assumes oil consumption will continue to increase at the current rate.
From pg 166 in the book "The Color of Oil" it lists known reserve volumes and current consumption rates. It is simple math, really. Current reserves divided by consumption (factoring in annual increases) equals how many more years we have left of natural hydrocarbons. To quote the book directly, "We predict the world will not run out of oil for the next three centuries, at least."
Do you for a moment think that Saudi Arabian oil will be gone in five decades? C'mon, now.
AndyVecsey said:
I guess it has taken me several months to "proove it", but I guess that Public Utilities Commission sure does a good job.
CBS News: Enron Traders Caught On Tape
When a forest fire shut down a major transmission line into California, cutting power supplies and raising prices, Enron energy traders celebrated, CBS News Correspondent Vince Gonzales reports.
"Burn, baby, burn," the traders sang.
Four years after California's disastrous experiment with energy deregulation, Enron energy traders can be heard - on audiotapes obtained by CBS News - gloating and praising each other as they helped bring on, and cash-in on, the Western power crisis.
"He just f---s California," says one Enron employee. "He steals money from California to the tune of about a million."
"Will you rephrase that?" asks a second employee.
"OK, he, um, he arbitrages the California market to the tune of a million bucks or two a day," replies the first.
The tapes, from Enron's West Coast trading desk, also confirm what CBS reported years ago: that in secret deals with power producers, traders deliberately drove up prices by ordering power plants shut down.
"If you took down the steamer, how long would it take to get it back up?" an Enron worker is heard saying.
"Oh, it's not something you want to just be turning on and off every hour. Let's put it that way," another says.
"Well, why don't you just go ahead and shut her down."
Officials with the Snohomish Public Utility District near Seattle received the tapes from the Justice Department.
A spokesman for the utility said "This is the evidence we've all been waiting for. This proves they manipulated the market."
That utility, like many others, is trying to get its money back from Enron.
"They're f------g taking all the money back from you guys?" complains an Enron employee on the tapes. "All the money you guys stole from those poor grandmothers in California?"
"Yeah, grandma Millie, man"
"Yeah, now she wants her f------g money back for all the power you've charged right up, jammed right up her a------ for f------g $250 a megawatt hour."
And the tapes appear to link top Enron officials Ken Lay and Jeffrey Skilling to schemes that fueled the crisis.
"Government Affairs has to prove how valuable it is to Ken Lay and Jeff Skilling," says one trader.
"Ok."
"Do you know when you started over-scheduling load and making buckets of money on that?
Before the 2000 election, Enron employees pondered the possibilities of a Bush win.
"It'd be great. I'd love to see Ken Lay Secretary of Energy," says one Enron worker.
That didn't happen, but they were sure President Bush would fight any limits on sky-high energy prices.
"When this election comes Bush will f------g whack this s--t, man. He won't play this price-cap b------t."
Crude, but true.
"We will not take any action that makes California's problems worse and that's why I oppose price caps," said Mr. Bush on May 29, 2001.
Both the Justice Department and Enron tried to prevent the release of these tapes. Enron's lawyers argued they merely prove "that people at Enron sometimes talked like Barnacle Bill the Sailor."
Gee.......I wonder why the Justice Dept. tried to prevent the release of these tapes.
Apparently the only way to "proove" corruption is when the guilty parties are so stupid, they record their crimes on tape and then release it to CBS News. Unfortunately, 99% of corporate criminals are not so stupid.
Yellow Rose
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Let Me Guess.....
.....you are tired of paying "high" gasoline prices. News flash - so am I; however, please go to Oil & Gas Journal (ponyboy works for Pennwell, so he can substantiate my position) and read the REAL cause for high gasoline prices.
It is very simple, really --- supply and demand. Care to guess who the new emerging consumer of gasoline is? China. And what happens when demand increases when a finite source decreases? I'll let you figure that one out.
Next, you will say we never went to the moon.
.....you are tired of paying "high" gasoline prices. News flash - so am I; however, please go to Oil & Gas Journal (ponyboy works for Pennwell, so he can substantiate my position) and read the REAL cause for high gasoline prices.
It is very simple, really --- supply and demand. Care to guess who the new emerging consumer of gasoline is? China. And what happens when demand increases when a finite source decreases? I'll let you figure that one out.
Next, you will say we never went to the moon.
Yes, supply and demand. And as you can see from what occured with the California energy crisis, supply can be tampered with.
They intentionally shut down generators to create an artificial supply shortage, so they could milk California residents out of their money. The politicians in Washington knew exactly what was going on and even passed legislation to help them do it as payback for the huge campaign contributions they gave.
Then when this tape finds its way to the news, instead of announcing they are going to press charges against Enron, the Justice Dept. (John Ashcroft) tries to surpress the tape. And what did your Public Utilities Commission do about all this? Absolutely nothing, as they are made up of former corporate energy people who still have economic insterests in the same companies they are supposed to be regulating.
This is called Corruption and it is showing itself in the highest parts of our government as almost every aspect of policy is designed in part so corporations can make an extra buck at the expense of the little guy. Whether it be Iraqis or California residents, they do not care.
And you are very naive if you think this is an isolated case. The only reason we are reading about it is because these guys were stupid enough to record their crimes on tape. This is not a rare exception, but normal operating procedure for energy companies.
They intentionally shut down generators to create an artificial supply shortage, so they could milk California residents out of their money. The politicians in Washington knew exactly what was going on and even passed legislation to help them do it as payback for the huge campaign contributions they gave.
Then when this tape finds its way to the news, instead of announcing they are going to press charges against Enron, the Justice Dept. (John Ashcroft) tries to surpress the tape. And what did your Public Utilities Commission do about all this? Absolutely nothing, as they are made up of former corporate energy people who still have economic insterests in the same companies they are supposed to be regulating.
This is called Corruption and it is showing itself in the highest parts of our government as almost every aspect of policy is designed in part so corporations can make an extra buck at the expense of the little guy. Whether it be Iraqis or California residents, they do not care.
And you are very naive if you think this is an isolated case. The only reason we are reading about it is because these guys were stupid enough to record their crimes on tape. This is not a rare exception, but normal operating procedure for energy companies.
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They intentionally shut down generators to create an artificial supply shortage.....
Gasp, the horror.
And you are very naive if you think this is an isolated case.
Okay, whatever.....I guess me being in the oil and gas business for twenty-three years, I don't have a clue as to what I'm talking about with respect to gasoline pricing.
Gasp, the horror.
And you are very naive if you think this is an isolated case.
Okay, whatever.....I guess me being in the oil and gas business for twenty-three years, I don't have a clue as to what I'm talking about with respect to gasoline pricing.
Eric5273 said:
Damn it.......another conspiracy Eric !!!! We need you to get to the bottom of this!
Tom Larkins said:
Get to the bottom of what? This is just the normal way in which capitalism works. When the goal is to make as much money as you can at all costs, none of this stuff should surprise anyone.
We need much more independent regulation in these industries in order to prevent such things from happening. However, the trend in recent years is to appoint people from various industries to their own oversight/regulation committies.
I have no problem with capitalism, but what you have in this country is capitalism for the poor & socialism for the rich. We spend more money on corporate welfare than on social welfare, and our leaders go out of their way to give our tax dollars to their campaign supporters in the way of no-bid contracts and such.
No surprise that George Bush supported the passing of the law that allowed Enron to do this stuff, and no surprise that his attorney general tried to hide the evidence of Enron's wrongdoing. This is payback to Ken Lay for all the support he gave Bush over the years.
This kind of reminds me of the Defense Policy Board. They are the ones that advise the Pentagon on matters of war, yet all of the members of this civilian board are major stockholders in companies which received large contracts in Iraq, and several of them are actually on the board of directors of these companies. So of course nobody should be surprised that they were in favor of the war. If I was due to make millions of dollars, I would have voted for the war also.
There's not much the average person can do about any of this, but everyone should be aware that this stuff goes on when they go to the polls to vote.
Eric5273 said:
Worded nicely....Bush supported the passing. Maybe he did, I don't know, but he also watched the Clinton administration allow it as Bush wasn't yet President. Or is it assumed that the Texas governor should always be involved in California affairs? The California deregulation occurred in early 2000.....
From the above tape:
"When this election comes Bush will f------g whack this s--t, man. He won't play this price-cap b------t."
This from a tape recorded during the CA energy crisis. By saying "this price-cap b------t", he means the ones currently in force.
"We will not take any action that makes California's problems worse and that's why I oppose price caps," said Mr. Bush on May 29, 2001.
There was even further deregulation after 2000.
"When this election comes Bush will f------g whack this s--t, man. He won't play this price-cap b------t."
This from a tape recorded during the CA energy crisis. By saying "this price-cap b------t", he means the ones currently in force.
"We will not take any action that makes California's problems worse and that's why I oppose price caps," said Mr. Bush on May 29, 2001.
There was even further deregulation after 2000.
That's an oxymoron if I've ever heard one.Eric5273 said:
Left = All things good and noble.
Right = All things corrupt and bad.
Right = All things corrupt and bad.
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Damn it, I fell off the wagon again. Sorry guys, I'll sober up in a few days.
All in good fun.
All in good fun.
Eric5273 said:
The tripling electricity prices were already being reduced by the end of 2000 and government intervention to give refunds. What was the result of this further deregulation?
I was "fortunate" enough to be living in Oceanside when the prices tripled, and move out east when everything went back to somewhat normal.
Uhhh, this thread was dug up from almost a year ago.PHOEN$X said:
Why, to show us that gas prices have normalized as they always do (cept for tax increases upon it)?
Re: Re: Arizona gas crisis
Oh no.....a conspiracy to lower gas prices. Someone call the EPA....we have to regulate those evil corporations so they won't screw the little guy! Raise their corp. tax, they wouldn't dare raise prices, lets make them produce new blends.....that will get them. Or maybe and investigation, we started that whole war just so we could force the Saudi's increase production levels so we can have cheap gas!
KGP said:Uhhh, this thread was dug up from almost a year ago.
Oh no.....a conspiracy to lower gas prices. Someone call the EPA....we have to regulate those evil corporations so they won't screw the little guy! Raise their corp. tax, they wouldn't dare raise prices, lets make them produce new blends.....that will get them. Or maybe and investigation, we started that whole war just so we could force the Saudi's increase production levels so we can have cheap gas!
supergreen125 said:
Thats what I do I ALWAYS have a drum of 105 octane for personal use.
