GAS 3.34 a gallon!
- Thread starter NetViper
- Start date
Shumdit said:
You will have to make about 1500 gallons just to break even on the equipment and that does not count running around finding the raw materials (fryer grease).
Yeah, why did you guys screw it up?steveny said:
I thought when you went into Iraq it was to get control of oil and bring it back down to $5 a barrel. Causing mega economical stimulation, screw up OPEC, and you could sell it to China and India at a profit.
But why didn’t it happen? After your latest screw up, gas prices have skyrocketed. Thanks a lot.
Just what the heck are you dodos doing over there, anyway?
Osiris_x11
Gold Member, Moderator: Marketplace
turbonator...
Hey, hey... There's more than one vulture circling the putrid-carcass! (ie. Shell, BP, etc') :wink:
Added 'heat' to the global-supply of petroleum kettle wasn't anticipated prior to the situation in Iraq.
Venezuela's Chavez doesn't exactly instill confidence in oil markets
Nigeria's oil/gas rich delta is often in a quagmire, so to speak, due to impoverished local rebels.
Iran's nuclear ambitions and diplomatic impasse` twart long-term stability of their production capacity.
Kingdom of Saudi Arabia finally curtailing it's extra reserve production capacity due keep prices on par w/ demand.
Russia's political uncertaintly w/ regards to continued reforms hit a hurdle w/ the sentencing of a major oil corp. executive (rumored to be potential candidate for president) and the dismantlement of another major oil conglomerate for past tax liabilities severely impacted North Sea, Baltic, and Caucasus energy production, distribution, and fiscal investment.
Indonesia deals w/ unrest, civil-uncertainty from rebellious factions, domestic-subsidies restricting export but favoring consumption, and misappropriation/allocation of capital-resources for oil production... all further create a climate of apprehension in regarding it's reserves and production capacity.
And of-course the uncomparable damage wreaked on the Gulf region of the United States by two massive hurricaines severely restricting the refining and distribution arms of the national energy supply.
Other add-on factors are the rebounding air-industry (global and domestic), increased demand by robust economies of very large industrial and population centers for the past few years (namely China and India), and obviously fewer discoveries and reserves being allocated towards production.
Next 40-50 years are gonna be real interesting... :biggrin:
710 said:
Hey, hey... There's more than one vulture circling the putrid-carcass! (ie. Shell, BP, etc') :wink:
Added 'heat' to the global-supply of petroleum kettle wasn't anticipated prior to the situation in Iraq.
Venezuela's Chavez doesn't exactly instill confidence in oil markets
Nigeria's oil/gas rich delta is often in a quagmire, so to speak, due to impoverished local rebels.
Iran's nuclear ambitions and diplomatic impasse` twart long-term stability of their production capacity.
Kingdom of Saudi Arabia finally curtailing it's extra reserve production capacity due keep prices on par w/ demand.
Russia's political uncertaintly w/ regards to continued reforms hit a hurdle w/ the sentencing of a major oil corp. executive (rumored to be potential candidate for president) and the dismantlement of another major oil conglomerate for past tax liabilities severely impacted North Sea, Baltic, and Caucasus energy production, distribution, and fiscal investment.
Indonesia deals w/ unrest, civil-uncertainty from rebellious factions, domestic-subsidies restricting export but favoring consumption, and misappropriation/allocation of capital-resources for oil production... all further create a climate of apprehension in regarding it's reserves and production capacity.
And of-course the uncomparable damage wreaked on the Gulf region of the United States by two massive hurricaines severely restricting the refining and distribution arms of the national energy supply.
Other add-on factors are the rebounding air-industry (global and domestic), increased demand by robust economies of very large industrial and population centers for the past few years (namely China and India), and obviously fewer discoveries and reserves being allocated towards production.
Next 40-50 years are gonna be real interesting... :biggrin:
zahntech said:uh...I paid $1.98 per gal to fill up last night ....I guess liftshard was right "gas prices are going up and never coming back down agian"
you get no sympathy here:wink:
our cheapest gas is $2.39 gal
How about this for affecting the price of oil slightly in the upward direction:
China’s growth continues to make the gap between rich Chinese and poor rural Chinese (the majority) greater, causing more unrest outside the cities (as is happening now). The government can’t control it any longer. Needs a diversion to divert attention, and gain oil all at the same time.
China (always a good learner) looks at what the US did (and did wrong) in Iraq. And says, “hummmmm”.
China makes a deal with India to look the other way as Chinese troops (several millions of them) walk/sail/fly into Saudi Arabia and the Gulf States.
The largest democracy on earth, India, can’t act decisively (because it’s a democracy) and dares not to move against China, especially when China offers oil to them at a good price.
Chinese troops have not yet reached a comfortable enough high living standard so don’t complain when they hurt their little finger, so their troops can hold the country and oil pumps and pipelines. A few little IEDs don’t scare them. If a few troops starve because of supply problems, no problem. Chinese troops don’t need Snickers bars, only some basic rations and some water, doesn’t have to be clean water either. They are troops after all, not princesses.
China keeps another few more million troops on their western/northern border to keep Russia on its toes.
Russia can’t do anything and can’t even handle it’s own ex-republics, let alone get their tanks to stop falling apart. Anyway Russia has enough oil/gas and is not threatened by losing the Middle East oil. And since the price of Russian oil/gas will skyrocket, they are happy enough.
During all this China would set off a nuclear device somewhere in the desert to show it meant business, the West couldn’t do anything, and wouldn’t anyway, because we are all chickens.
The US turns into a Paper Dragon, pardon the ironic term, and is way too weak and far away to do anything.
China threatens to call in the US dollar debt which would kill the US dollar in a day. The US submits and turns its back on its allies in the gulf.
In the face of 2 million Chinese troops landing to the south, the US’s 100,000 troops would run from Iraq like the Iraqis ran from Kuwait.
The Chinese would succeed in “persuading” the locals in the Gulf States and Saudi to cooperate. The Chinese know how to do these things…
China would take all the oil for themselves and India. The unrest at home in China would be diverted into a Chinese occupation or the Middle East for the next 20 years and the Chinese rural population would be bought off. They quickly build a pipe line through Pakistan and/or Afghanistan to China.
Pakistan quickly realises who their “friends” are and starts an industrialisation (like India did) with some of the oil that China lets them have. Makes money on the supply chain from China to the Middle-East.
By the time Bush has found China on the map, things have changed (3 months).
We (the west) would be left with the rest of the oil, the dregs. The price would quadruple or probably more.
The price of oil for China would have halved or less, but more importantly, the future for China regarding industry would have been strengthened.
And even more important than that, the future for the guys in power in China would have strengthened. At the moment it’s weakening.
The Chinese get their “cooling” period (needed at the moment so they don’t explode) because of the trade slowdown with the West.
China will, without much fighting, become the most important country on earth again. And this with very little fighting because they wouldn’t need to. Just the shear mass of troop and supply movements would win the day. That and our stupid complacence regarding oil and the economy.
It ALL depends on one thing and one thing only: How long before the government in China feels threatened by their own billion people in the countryside.
At the moment there are thousands of protests (big and small) PER WEEK (every day by some accounts) by rural people in China getting pissed off because they are losing their land or getting pushed around by the rich in Shanghai or other big commercial operators.
We (the West) have only one thing going for us:
The Chinese are peaceful and have never started a war (if memory serves).
I hope it stays that way.
(We are the ones that start (and lose) wars.)
Friends, we are playing a very bad game of chess (or Mah-jong, as it were) at the moment…
Because the NSX gets such good gas mileage, all the Ferrari owners would want one too. I’m not sure if this is good or bad.
Critique please (other than the post being longer that I meant).
China’s growth continues to make the gap between rich Chinese and poor rural Chinese (the majority) greater, causing more unrest outside the cities (as is happening now). The government can’t control it any longer. Needs a diversion to divert attention, and gain oil all at the same time.
China (always a good learner) looks at what the US did (and did wrong) in Iraq. And says, “hummmmm”.
China makes a deal with India to look the other way as Chinese troops (several millions of them) walk/sail/fly into Saudi Arabia and the Gulf States.
The largest democracy on earth, India, can’t act decisively (because it’s a democracy) and dares not to move against China, especially when China offers oil to them at a good price.
Chinese troops have not yet reached a comfortable enough high living standard so don’t complain when they hurt their little finger, so their troops can hold the country and oil pumps and pipelines. A few little IEDs don’t scare them. If a few troops starve because of supply problems, no problem. Chinese troops don’t need Snickers bars, only some basic rations and some water, doesn’t have to be clean water either. They are troops after all, not princesses.
China keeps another few more million troops on their western/northern border to keep Russia on its toes.
Russia can’t do anything and can’t even handle it’s own ex-republics, let alone get their tanks to stop falling apart. Anyway Russia has enough oil/gas and is not threatened by losing the Middle East oil. And since the price of Russian oil/gas will skyrocket, they are happy enough.
During all this China would set off a nuclear device somewhere in the desert to show it meant business, the West couldn’t do anything, and wouldn’t anyway, because we are all chickens.
The US turns into a Paper Dragon, pardon the ironic term, and is way too weak and far away to do anything.
China threatens to call in the US dollar debt which would kill the US dollar in a day. The US submits and turns its back on its allies in the gulf.
In the face of 2 million Chinese troops landing to the south, the US’s 100,000 troops would run from Iraq like the Iraqis ran from Kuwait.
The Chinese would succeed in “persuading” the locals in the Gulf States and Saudi to cooperate. The Chinese know how to do these things…
China would take all the oil for themselves and India. The unrest at home in China would be diverted into a Chinese occupation or the Middle East for the next 20 years and the Chinese rural population would be bought off. They quickly build a pipe line through Pakistan and/or Afghanistan to China.
Pakistan quickly realises who their “friends” are and starts an industrialisation (like India did) with some of the oil that China lets them have. Makes money on the supply chain from China to the Middle-East.
By the time Bush has found China on the map, things have changed (3 months).
We (the west) would be left with the rest of the oil, the dregs. The price would quadruple or probably more.
The price of oil for China would have halved or less, but more importantly, the future for China regarding industry would have been strengthened.
And even more important than that, the future for the guys in power in China would have strengthened. At the moment it’s weakening.
The Chinese get their “cooling” period (needed at the moment so they don’t explode) because of the trade slowdown with the West.
China will, without much fighting, become the most important country on earth again. And this with very little fighting because they wouldn’t need to. Just the shear mass of troop and supply movements would win the day. That and our stupid complacence regarding oil and the economy.
It ALL depends on one thing and one thing only: How long before the government in China feels threatened by their own billion people in the countryside.
At the moment there are thousands of protests (big and small) PER WEEK (every day by some accounts) by rural people in China getting pissed off because they are losing their land or getting pushed around by the rich in Shanghai or other big commercial operators.
We (the West) have only one thing going for us:
The Chinese are peaceful and have never started a war (if memory serves).
I hope it stays that way.
(We are the ones that start (and lose) wars.)
Friends, we are playing a very bad game of chess (or Mah-jong, as it were) at the moment…
Because the NSX gets such good gas mileage, all the Ferrari owners would want one too. I’m not sure if this is good or bad.
Critique please (other than the post being longer that I meant).
Osiris_x11
Gold Member, Moderator: Marketplace
flux capacitor...
Would make for an interesting, fictional novel, 710! :biggrin:
The part I wholeheartedly agree w/ is of the rampant poverty of the masses in the rural countryside, and the corruption as well inadequacies of the local governing authorities to rectify that.
The rest is, well... :tongue:
Would make for an interesting, fictional novel, 710! :biggrin:
The part I wholeheartedly agree w/ is of the rampant poverty of the masses in the rural countryside, and the corruption as well inadequacies of the local governing authorities to rectify that.
The rest is, well... :tongue:
Seems to me that if the chinese government told a few million already pi$$ed off chinese poor people they had to go to the middle east and fight for oil so the rich chinese government types can get more money and power, there would be a huge rebellion and civil war.
If China decided to leave its borders and go take a few other nations hostage....WW3 would commence.
If China decided to leave its borders and go take a few other nations hostage....WW3 would commence.
Ya think so? Cool.Osiris_x11 said:
Just like if the US decided to leave its borders and go take a few other nations hostage....WW3 would commence? (so, Iraq for example…)zahntech said:
Nope. I don’t believe any country would stop them. Could stop them. Everybody would kick and scream a lot, but actually attack them? I don’t think you could…
Anyway you guys have a ways to go. A five fold increase means your gas costing $10 per.
It’s is $8 a gallon here and it hasn’t slowed us down one little bit. Hell, I even drove my NSX more last year because I thought gas would go even higher this year. So I was driving it while I could still afford it. But so far this year, the price of gas has stabilised. Well, it’s only January…
710 said:
If that's what you want to believe.......The people in Iraq that my friends and family in the military have talked to say, they are very very grateful that the US came to free them from the Government/Dictator that was dumping the body's of hundreds of thousands of its own citizens in mass graves......Too bad the US didn't go in sooner to Hold them "hostage" maybe there would be fewer woman and children's body's in the ground.......If you want to believe what the politically biased "news" organizations say go right ahead, but the opinions of CNN or Hollywood or some guy in Belgium really don't matter...it's what the people in Iraq (who are now free from being killed by their own government) think that matters.
but anyway we are suposed to "Tread lightly on religion and politics." so I am done, have a nice day:smile:
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I read every post, and I just love it. Guys, people just need to vent sometimes, and that is it. Most people in here do not have a degree in economics, nor, do they care. When gas prices skyrocket, it hits us in the pocketbooks. All of this "you don't want to pay, then don't buy" crap is just ridiculous, and frankly, immature.
Look Zahntech, how would you feel if China invaded Saudi and the after that the price of gas skyrocketed?
Those Arabs were selling the black gold off cheap, $20 an barrel when it was worth much much more. Sure it would have gone up slowly over a few years, but not as much as now.
China said Saudi was an evil place, had WMD (had no proof so they invented some photos and rumours, that’s how China operates. They tell us all everyday how they are the “People’s” homeland, but we all know China is a police state and aggressor), said Saudi was a dictatorship (kingdom, duh) with about 30 families ruling everybody, they had secret torture centres, people disappeared, secret police, they would do anything to keep the evil Saudis and their evil families in power.
China was just itching to invade someone, and you just know how those Chinese people are, they just follow their government blindly anyway. That’s China for you. All they learn in school is to chant allegiance to the red flag with yellow stars on it. No other countries subject their kids to that type of brainwashing in the morning.
Saudi needs to be rid of Evilness!
And Saudi is so evil, it doesn’t even allow women to drive NSXes, I’m mean, come on, THAT’S evil! So China really needs to give the Evil Saudis an ass whoopin’ for THAT.
Lets roll. Lock and load! China is gonna kick butt!
And anyway, Saudi is way worse than it’s neighbours like Iraq where women are highly educated, in politics, doctors, local an national government, police, even in the army. Iraqis women are allowed to wear western clothes and can have western aspirations, AND can drive NSXes too! Now THAT must be good.
Not like in Evil Saudi, those guys are even sponsoring terrorism, some of their “good sons” even managed to crash planes into some buildings in Beijing even tho everybody knows it was the Iraqis. Dang, we are China! And China says you are with us or you are against us. Go Reds!
Hell, their good neighbour to the north, Iraq, is not even an evil Islamic state. China is going to turn Saudi into a relatively moderate and “good” country like Iraq. Good. China says that word often enough. But we here in the US of E know better.
China goes to the lily-livered UN to get support, but the UN says no way. China bullies everybody, but in the end it makes a righteous coalition up, with such hard hitters as Laos and Yemin. Diesneyland also joins in because China told Disneyland it will stop those evil terrorises in Northern where-ever-land for them. Disneyland goes in before Mickey Mouse and Goofy knows what happened. Whoa. China has its righteous justification because diesneyland used to be a themepark. China can relate with that.
China especially hates some countries in Europe who are wiser about war and death and phosphored dead children and stuff, which has the guts to stand up to the biggest bestest greatest nation there ever was on Mao's earth, China. Now THAT takes more guts than napalming a village. “There are always some brave ones” said Abraham Lincoln, “who stand up for what is right”. And so those pathetic little countries with no poor people are vocally negative toward China. So in China they start calling ketchup redchup, and hamburgers Hummerburgers. That’ll show em’.
And so good China plans to attack Evil Saudi.
While all this is talk happening, China goes in anyway because summer is coming and Saudis are a little short on air-co, and when it does the price of oil skyrockets. I mean China has more, so it must be right, ya know! (You can’t say China doesn’t have more. Like billions more. It MUST be right, eh?)
We all know the Chinese are a bunch of lying bullies, they get in Saudi and find a few people there to say how grateful they are to the Chinese for liberating them. They try to find WMD in Saudi, and they capture the King instead. Anyway we all knew there was no WMD, jeez, why didn’t the Chinese just plant some. Can’t they do anything right? They blamed the towers in Beijing on the Saudis, we all know the Iraqis did it. So planting WMD would have been easy.
Bin Laden is chosen as Saudi spokesman so there was no planting of anything. Just dismantling. Planting democracy JUST might work. Yeah, right. It’s a desert out there. Didn’t you learn any geography at school? And what do the Chinese know about democracy? In China they can even fix elections. You know, the politburo.
So the Chinese can’t control the situation, the price of gas goes haywire. Every other oil country follows, (notice the word “follows”) and joins the bonanza, just because China was acting like an elephant in a glass shop. Those damn Chinese, don’t they know anything? Well there are some rich Chinese who will come out of it okay, anyway. The rest of us just have to lots pay more for gas for our NSXes. At least the Ferrari owners are getting hammered too.
We all had a good thing going here, cheap gas, no other “bad non-oriental guys” charging full speed ahead with nukes (they are building nukes to protect themselves from the Chinese, NOT the US, boneheads), and now it’s all messed up.
I mean, would you be pissed off at the Chinese? Would you? I for one am pissed off at the Chinese for invading Saudi. All that pollution and war and dead camels and high prices and the Chinese STILL can’t start pumping gas! Thank god there wasn’t a World War 3 caused by those idiotic Chinese!
Lots of people are pissed off, including millions of friggin Chinese. I mean what kind of joke is that?
Or are you Zahntech just pissed of at little ol’ me for turning the basement light on?
Peter
Those Arabs were selling the black gold off cheap, $20 an barrel when it was worth much much more. Sure it would have gone up slowly over a few years, but not as much as now.
China said Saudi was an evil place, had WMD (had no proof so they invented some photos and rumours, that’s how China operates. They tell us all everyday how they are the “People’s” homeland, but we all know China is a police state and aggressor), said Saudi was a dictatorship (kingdom, duh) with about 30 families ruling everybody, they had secret torture centres, people disappeared, secret police, they would do anything to keep the evil Saudis and their evil families in power.
China was just itching to invade someone, and you just know how those Chinese people are, they just follow their government blindly anyway. That’s China for you. All they learn in school is to chant allegiance to the red flag with yellow stars on it. No other countries subject their kids to that type of brainwashing in the morning.
Saudi needs to be rid of Evilness!
And Saudi is so evil, it doesn’t even allow women to drive NSXes, I’m mean, come on, THAT’S evil! So China really needs to give the Evil Saudis an ass whoopin’ for THAT.
Lets roll. Lock and load! China is gonna kick butt!
And anyway, Saudi is way worse than it’s neighbours like Iraq where women are highly educated, in politics, doctors, local an national government, police, even in the army. Iraqis women are allowed to wear western clothes and can have western aspirations, AND can drive NSXes too! Now THAT must be good.
Not like in Evil Saudi, those guys are even sponsoring terrorism, some of their “good sons” even managed to crash planes into some buildings in Beijing even tho everybody knows it was the Iraqis. Dang, we are China! And China says you are with us or you are against us. Go Reds!
Hell, their good neighbour to the north, Iraq, is not even an evil Islamic state. China is going to turn Saudi into a relatively moderate and “good” country like Iraq. Good. China says that word often enough. But we here in the US of E know better.
China goes to the lily-livered UN to get support, but the UN says no way. China bullies everybody, but in the end it makes a righteous coalition up, with such hard hitters as Laos and Yemin. Diesneyland also joins in because China told Disneyland it will stop those evil terrorises in Northern where-ever-land for them. Disneyland goes in before Mickey Mouse and Goofy knows what happened. Whoa. China has its righteous justification because diesneyland used to be a themepark. China can relate with that.
China especially hates some countries in Europe who are wiser about war and death and phosphored dead children and stuff, which has the guts to stand up to the biggest bestest greatest nation there ever was on Mao's earth, China. Now THAT takes more guts than napalming a village. “There are always some brave ones” said Abraham Lincoln, “who stand up for what is right”. And so those pathetic little countries with no poor people are vocally negative toward China. So in China they start calling ketchup redchup, and hamburgers Hummerburgers. That’ll show em’.
And so good China plans to attack Evil Saudi.
While all this is talk happening, China goes in anyway because summer is coming and Saudis are a little short on air-co, and when it does the price of oil skyrockets. I mean China has more, so it must be right, ya know! (You can’t say China doesn’t have more. Like billions more. It MUST be right, eh?)
We all know the Chinese are a bunch of lying bullies, they get in Saudi and find a few people there to say how grateful they are to the Chinese for liberating them. They try to find WMD in Saudi, and they capture the King instead. Anyway we all knew there was no WMD, jeez, why didn’t the Chinese just plant some. Can’t they do anything right? They blamed the towers in Beijing on the Saudis, we all know the Iraqis did it. So planting WMD would have been easy.
Bin Laden is chosen as Saudi spokesman so there was no planting of anything. Just dismantling. Planting democracy JUST might work. Yeah, right. It’s a desert out there. Didn’t you learn any geography at school? And what do the Chinese know about democracy? In China they can even fix elections. You know, the politburo.
So the Chinese can’t control the situation, the price of gas goes haywire. Every other oil country follows, (notice the word “follows”) and joins the bonanza, just because China was acting like an elephant in a glass shop. Those damn Chinese, don’t they know anything? Well there are some rich Chinese who will come out of it okay, anyway. The rest of us just have to lots pay more for gas for our NSXes. At least the Ferrari owners are getting hammered too.
We all had a good thing going here, cheap gas, no other “bad non-oriental guys” charging full speed ahead with nukes (they are building nukes to protect themselves from the Chinese, NOT the US, boneheads), and now it’s all messed up.
I mean, would you be pissed off at the Chinese? Would you? I for one am pissed off at the Chinese for invading Saudi. All that pollution and war and dead camels and high prices and the Chinese STILL can’t start pumping gas! Thank god there wasn’t a World War 3 caused by those idiotic Chinese!
Lots of people are pissed off, including millions of friggin Chinese. I mean what kind of joke is that?
Or are you Zahntech just pissed of at little ol’ me for turning the basement light on?
Peter
I hardly think that you have shone a light on anything that has not been thought up before....From the sources I have on the ground in Iraq, the vast majority of Iraqis are very happy to be rid of Sadam and his henchmen.
And since Iraq is not a huge portion of the world's oil supply, I think the idea that whoever is effecting political change there is pushing gas prices up is completely unfounded.
Oh and I agree fully that Saudi needs to go next..and Iran and so on and......puppet governments for everybody!!
And since Iraq is not a huge portion of the world's oil supply, I think the idea that whoever is effecting political change there is pushing gas prices up is completely unfounded.
Oh and I agree fully that Saudi needs to go next..and Iran and so on and......puppet governments for everybody!!
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Re: Be Careful What You Assume
We could just adjust our eating habits. Eat two less Cheeseburgers a week and there is the additional cash for the gas. An added benefit is we wil alll weigh less, therefore use less fuel and be healthier to boot. :biggrin: :biggrin: If you couldn't tell I'm being sarcastic!Yellow Rose said:
Has anyone read or heard of the "Abiotic Theory of Oil Formation"..
Interesting topic..
Interesting topic..
I am glad that I work from home now. I am saving about $300/month in gas. Here is my one question:
How is it that oil companies are showing record profits if there are shortages?
http://www.commondreams.org/headlines03/0502-06.htm
Rob
How is it that oil companies are showing record profits if there are shortages?
http://www.commondreams.org/headlines03/0502-06.htm
Rob
I don't know that there are any shortages, besides short-term blips here and there. Did a quick Google, but couldn't find hard evidence the world is pumping less now than before. Don't know that we've hit the peak yet--when we do, look out! Seems to be a case of inelastic demand, and supply is simply not keeping up with that demand. Oil companies control supply--sort of--but their product sells at the whims of the open market. It doesn't cost XOM significantly more to pump oil today than 5 years ago from the same well, and if the cost is $35 more per barrel, then their profit increases by about that.nsxlover said:
