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Ducxl
Posted on Monday, April 28, 2008 - 04:45 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I've read that at about $100-110 per barrel it becomes cost effective to mine "oil shale". Canada is already refining "Tar Sands".

Now could be the time to invest in the companies that may emerge to exploit the above.

Oh yeah,for my part,i left the job(of 20yrs) 23 miles away to run the same kind of equipment for the same wage(but less OT)
2 miles away.I bicycle in warmer weather.And get by with $10/week gas
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Blake
Posted on Monday, April 28, 2008 - 04:47 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Gloom and doom! Now you're talking! Taking a cue from Ted Turner, what wine goes best with barbequed human? I'm thinking a nice Cabernet.
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Ducxl
Posted on Monday, April 28, 2008 - 04:52 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Human liver is said to be good eating with fava beans and a nice Chianti.

But this has nothing to do with the thread topic either.

It was a good read up until the "gloom&Doom" dismissions
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Azxb9r
Posted on Monday, April 28, 2008 - 04:53 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I know that a big factor in the price jump is from the exploding economies in China and India.


You beat me to it. I read somewhere(don't remember where) that China has passed the U.S. in oil consumption. If this is true, as long as China keeps increasing consumption, prices will continue to rise no matter what the U.S. does.
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Ducxl
Posted on Monday, April 28, 2008 - 04:55 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

How will the average ChinaMAN cope with the rising costs? Their economy would fail?

Where could they possibly be consuming oil more than us SUPERCONSUMERS?
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Slaughter
Posted on Monday, April 28, 2008 - 05:04 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)


quote:

Where could they possibly be consuming oil more than us SUPERCONSUMERS?




Industry

Same as here
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Azxb9r
Posted on Monday, April 28, 2008 - 05:05 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

China is becoming more industrialized. The Chinese govt. is forking out most of the cash. Cars are not the only things that use oil.
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Mikej
Posted on Monday, April 28, 2008 - 05:11 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

"Where could they possibly be consuming oil more than us SUPERCONSUMERS?"

Honk Kong traffic:


Shanghai traffic:


They seem to be consuming the stuff just fine.

They also seem to be able to adapt just fine as well:



http://images.paultan.org/images/gas_joke.jpg


If anybody wants me I'll be at the bicycle shop.
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Xl1200r
Posted on Monday, April 28, 2008 - 05:27 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I've read that at about $100-110 per barrel it becomes cost effective to mine "oil shale". Canada is already refining "Tar Sands".

Except that Canada sold a lot of that shale-oil land to China not too long ago.

Whoops.
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Ratbuell
Posted on Monday, April 28, 2008 - 05:57 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I do what I can. Buell every day to work (I'm a lucky one, who doesn't have to wear a suit), heat the house with a pellet stove (have for the last 11 years). Worst fuel bill I have right now is the riding mower. The wife drives a car everyday, but will be changing to her mom's more fuel efficient Nash Metropolitan convertible when the weather finally turns nice. Believe it or not, that ol' 1961 gets mid 40s MPG!
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Just_ziptab
Posted on Monday, April 28, 2008 - 06:55 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Cheap fuel is what built this great country. High priced fuel will effect the price of EVERYTHING. The terrorist have won, they are bombing us back to the stone age by proxy.......go hide and watch! It's going to be very interesting the next few years and very hard, I think .......for the working man............./
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Aesquire
Posted on Monday, April 28, 2008 - 07:26 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

There is NOT ENOUGH electricity available to power electric cars & make them at the same time. Think about that.

If ( big IF ) someone follows up on the work of Dr. Bussard, Fusion is soon. Not the traditional 20 years off it's been for 40+ years, but real soon. If I won 300 million in a lottery, I'd dump most of it into Fusion. Until then....

Solar won't do it in time, and ultimately needs the area of Texas+ to replace fossil fuels for electricity. It IS a great idea for partial home heating & as cell cost comes down, to add to the grid. I'm all for space based solar, but the capital costs are high.

Wind is marginal, but has a place, as does wave, tidal & Gulf Stream paddlewheels. All are ecological wild cards. What's the impact of taking energy from the Gulf Stream? Do we freeze England to power electric cars?

Convert coal to gasoline, do what you need to to keep things running until you ramp up the only zero carbon emission power source that works in all weather.....Nuclear Fission.

The reason food is up is the Govt. mandated Ethanol program, where in an act of insanity we are burning food.

I was all for booze for fuel, despite it's drawbacks, but making it from Corn instead of garbage has to stop. There is speculation that the current program acts both as farm subsidy and training wheels for more efficient future ethanol systems.


republican
Some of them do react badly to ignorance & foolishness. All ideologies Should desire clear thinking.

( I'm shopping for a conversion van, since they are cheap, and have a uber-efficient wagon on order for daily driving... )
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Aesquire
Posted on Monday, April 28, 2008 - 07:28 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

At Monolithic Oil, we're doing our part, by killing all the birds around our Oil refinery. Birds eat food, and food takes energy to grow.

At Monolithic, we want you to....Pay.
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Jramsey
Posted on Monday, April 28, 2008 - 07:37 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

...for the working man?
Kinda funny, this thread started this morning at 8:27 am, now 72 post later I wonder how many of you posted from work cheating your employer out of the time that they pay you for, or do you all work the night shift?
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Just_ziptab
Posted on Monday, April 28, 2008 - 07:46 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

No access from work...no time at work either...................I'm a workingnman!
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Rocketsprink
Posted on Monday, April 28, 2008 - 07:56 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I started the thread and I had the day off.
What's your point?
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Jramsey
Posted on Monday, April 28, 2008 - 07:57 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Zip
Sorry you took it that way, It wasn't meant towards you.

It just amazes me that some people can respond to a thread 24/7.

I don't live in front of the pc.
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Firebolt32
Posted on Monday, April 28, 2008 - 08:28 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I wonder how many of you posted from work cheating your employer out of the time that they pay you for

There are many days I successfully screw the man. So what. Your telling us that 40hrs a week, 52 weeks a year you don't take a smoke break. Maybe sit down a minute because you've been busting your ass all day. I build A/V and broadcast systems.If the salesman doesn't sell, I sit in my office and surf the web when there is nothing to due. His job is to sell. Mine is to build the system. And when I'm home if the tube is running it's usual mindless garbage, I surf the web. I believe that is why I purchased a computer, to use it. There is alot your p.c. can do for you. One day you'll have to rely on it. Ever watch PBS? Chances are I upgraded that channel's sat so you can watch your This Old House in HD. That channel, as for most channels now, P.C. driven. At one time I built the largest Seachange server system in the U.S. for USA Today/Gannett in D.C. I think I deserve to screw the man once in awhile.

Sorry for getting off topic folks. I'll hop down now.
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Jramsey
Posted on Monday, April 28, 2008 - 09:05 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Firebolt
I've been self employed since 1981 and am retired-semi-retired so to speak,I do what I want,when I want,with whom I want,where I want,and ride the same.
Yea I got tired of making "the man" wealthy and myself a wage, but I never screwed the "man" either.

(Message edited by J.ramsey on April 28, 2008)
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Firebolt32
Posted on Monday, April 28, 2008 - 09:36 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Hell I was born in '81. I'm sorry for getting worked up. I had someone come in my office today and said something about me screwing the man. This was seconds after I sat down from wiring a server unit for almost three hours and was 5 min before my lunch break. They saw me there sitting and thought I had been sitting there all day. I sat here and saw you post that and I was like what the hell. My bad bro...
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Just_ziptab
Posted on Monday, April 28, 2008 - 10:38 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

No problem ,Jramsey...no problem at all! I know there are a lot of folks that can surf the web at work.....and I know I would if I was allowed.........but denied. I can't even send an email to my home computer, nor can I send one from home to my address at work. If something is really cool tho, I can send it to a suit at work and have them forward it to me to share with co workers. Ok, back to topic...........
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Oldog
Posted on Tuesday, April 29, 2008 - 08:08 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

The bank needs a spread of 3% over what we pay you on a CD just to break even. When the markets fluctuate, we can get trapped bacause suddenly loan rates adjust lower and we're still paying a high rate on CDs locked in for 5 years.

Thanks for the input Nick
I need the short term liquidity, that cd's dont offer.

heres my math and I believe that my bank is a "corperate" bank.


what I paid 450.00$ / 5.00$ what I was paid = 90 x more

90 x charges vs payouts not too thin to me.
I confronted the bank officer about this as I paid the loan off, I thought he was going to cry, as I closed out the credit line 40$ mo + principal & daily interest

I have gotten grocerys on motorcycle, 50 lbs of dog food is one of the stand out items, HOWEVER my x1 does not ( and will not sprout a rack )

What I find disturbing is that we dont grow ALL OF our own food when our money is worthless to the rest of the world and we cant feed our selves then watch out,
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Aesquire
Posted on Tuesday, April 29, 2008 - 08:55 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

We still export food, but studies show the efficiency of food based ethanol has the error bars including zero, meaning that it's not energy production, but really bad energy storage.

Look at all the wild schemes to store power for peak use: pumping water uphill into artificial lakes, ( in NY ) melting salt, compressing air in caverns.....

None are as goofy as growing food & then burning it.

We'd be better off drilling for more oil, building more ( and more efficient ) refineries, coal conversion, and burning AlGore's property for energy than burning corn. Bad news! It's a government cult now.
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Mikej
Posted on Tuesday, April 29, 2008 - 09:02 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

"It just amazes me that some people can respond to a thread 24/7. "

It's a connected world. ; )

Gas prices are making a lot of people make the jump from commuting down the freeway to commuting down the hallway with some of those work from home service jobs.
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Ducxl
Posted on Tuesday, April 29, 2008 - 09:07 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

So,on CNBC financial this morning,it was reported where "PetrolChina",the biggest supplier there reported a first quarter loss of 30% revenue due to the fact they're prevented from passing along the increases in petroleum to consumers.Their government has disallowed it.

I want THAT kind of government.The kind that looks out for the little guy.

Here,we hold senate hearings on the bloated profits currently being experienced by our illustrious/greedy capitalists.

I'm still Republican....but,for the FIRST time in my life am considering Hillary
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Zane
Posted on Tuesday, April 29, 2008 - 09:12 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Here is an example of how government is part of the problem instead of the fix.

Here in Florida there is a bill before the legislature that would reduce the state gasoline tax by roughly 10.6 cents a gallon for 2 weeks. This will result in the State losing $50 million in revenue. This is their idea of relief.

If they can afford the $50 million, why not keep the tax in place and use that $50 million to buy land and entice some one to build a gasoline refinery? That’s would help the problem a lot more that two weeks of everyone saving 6 or 8 bucks.

Everyone wants to be seen as doing something to fix the problem but no one wants to actually do anything of substance.

And yes, the can put it in my community (Tampa/St. Pete area). We could use the high wage jobs that it would generate.
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Road_thing
Posted on Tuesday, April 29, 2008 - 10:41 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I want THAT kind of government.The kind that looks out for the little guy.

Yeah, that's what they said in Tiananmen Square, right before the tanks rolled through in '89...

rt
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Blake
Posted on Tuesday, April 29, 2008 - 02:38 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

"I want THAT kind of government."

You've got to be joking! You want communism, government controlled media, no free speech, no freedom of religion, no right to bear arms, no bill of rights, no free elections? All so you can force corporations to operate at a loss?

Care to guess how many Americans are employed by the fossil fuel industry? You want to cut all their wages?
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Xl1200r
Posted on Tuesday, April 29, 2008 - 02:53 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

All so you can force corporations to operate at a loss?

My thinking exactly. I always tell people, "Big business is business none-the-less." Those big companies all had humble, small beginnings, started by the "little guy".

Big business employs a LOT of people, and supplies a LOT of the products that the "little guy" needs and wants. Putting them under doesn't do anyone any good.
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Midknyte
Posted on Tuesday, April 29, 2008 - 03:01 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Solar energy is no longer just water heating or low output electrical panels. Check this shiznit out

http://www.stirlingenergy.com/default.asp

Solar arrays focused onto stirling engines that in turn run generators. Some inspired thinking and very effective.
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