RE: Do we all believe the BS we're being fed?

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RE: Do we all believe the BS we're being fed? - 5/30/2008 5:14:33 PM

Alumbrado

Posts: 5560
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quote:

ORIGINAL: sub4hire

I believe everything I hear and read....yes that is sarcasm

Don't believe I'm taken in by stories I have heard,

I just read the daily news, and swear by every word....

Barrytown Becker and Fagen

(in reply to sub4hire)

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Post #: 21

RE: Do we all believe the BS we're being fed? - 5/30/2008 5:40:47 PM

Hippiekinkster

Posts: 5512
Joined: 11/20/2007
From: Liechtenstein
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quote:

ORIGINAL: MissSepphora1

It depends on who you speak to about ANWR. Some sites I've read have said there is more oil in ANWR than in Saudi. Others, mostly liberal, say it's very little and wouldn't help.
Depends on who or what you believe.

DOE. There's a range of estimates and a probability.

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(in reply to MissSepphora1)

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RE: Do we all believe the BS we're being fed? - 5/30/2008 6:45:06 PM

cpK69

Posts: 1593
Joined: 5/9/2008
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quote:

ORIGINAL: Mercnbeth
No I don't believe that and see it as another distraction from the reality of incompetent leadership catering to special interests and political correctness.

Depends on their intent.

quote:

Why else would a competent county not having built a nuclear power plant in over 25 years?

To keep people believing oil must be sought after?

quote:

Why else would existing know, and accessible reserves of oil and natural gas be put 'off-limits' to drilling?

To keep people believing it must come from some place specific? (Looking for something?)

quote:

Instead of asking our candidates about their 'spiritual leaders' perhaps we can ask their position on this issue?

“We are wringing the money out of the economy now, so we do not have to go looking for it later”?

Just guessing.

(in reply to Mercnbeth)

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RE: Do we all believe the BS we're being fed? - 5/30/2008 6:46:10 PM

shallowdeep

Posts: 343
Joined: 9/1/2006
From: California
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quote:

ORIGINAL: MissSepphora1
First they tell us the price of gas is up due to high demand, then they tell us it's up because we're using LESS??

I think you misinterpreted the article.

quote:

Prices remained volatile, though, buffeted about by threats against Nigerian oil facilities, worries about falling gasoline demand in the U.S. and a strengthening U.S. dollar.
[emphasis mine]

The point was that prices were changing rapidly throughout recent trading in both directions, up and down. Some factors raised the price (e.g. Nigerian instability), others lowered it (e.g. forecasts of lower US demand) and others had more complex effects (e.g. a strengthening dollar). The article notes the net effect was a decrease in oil prices, around a 7% drop in a week. The article also notes that gasoline remains at record highs, but this isn't surprising since oil needs to be refined into gas, which takes time, so gas price changes tend to lag behind changes in oil's price - and oil had been at record highs until this week.

quote:

ORIGINAL: MissSepphora1
It depends on who you speak to about ANWR. Some sites I've read have said there is more oil in ANWR than in Saudi. Others, mostly liberal, say it's very little and wouldn't help. Depends on who or what you believe.

If you believe actual USGS studies of the area, there are between 4.25 and 11.80 billion barrels of oil, with 7.69 billion being the mean estimate. Of those, between 3.0 and 9.7 billion are considered recoverable, with 6.1 billion the mean. At 2007 US consumption rates of 20.698 million barrels a day, that translates to somewhere between 111 and 360 days of supply. It's a fair bit more than a month, but nowhere close to Saudi Arabia's reserves - and not enough to be of significant long term help. If we tap it now, without a plan for substantially reducing future oil consumption in place, it's quite possible we will wish we saved it for later - something to consider.

(in reply to MissSepphora1)

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RE: Do we all believe the BS we're being fed? - 5/30/2008 8:18:45 PM

JulieorSarah

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Joined: 8/25/2007
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Haven't had time to read all the posts, but we've been told here (Oz) that diesel will get worse due to the increased demand for generators in Myanmar/Burma and China due to the recent natural disasters, this is compounded by China stockpiling diesel in preparation for the global sports carnival and the reduction in global production and the resource generally. The same for petrol.

Just looked out the window and the Shell petrol(Gas) station on the corner has $1.60c a litre (1 gallon = 4.5 litres) for petrol ... we've been warned it could and probably will break $2/litre before the end of the year. In recent years our government stopped subsidising petrol and associated products. We now pay world parity for our fuels. The Australian Dollar and the green back are almost 1 to 1 now for exchange.

Like climate change we've been warned about this for years and like climate change so little has been done to prepare for it!

(in reply to shallowdeep)

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RE: Do we all believe the BS we're being fed? - 5/30/2008 8:20:32 PM

Alumbrado

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http://bp1.blogger.com/_9FDLRumBAt4/SDHuxxkDi1I/AAAAAAAAAcQ/7n7B7kk4HpE/s1600-h/oil_fear2.jpg

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RE: Do we all believe the BS we're being fed? - 5/30/2008 9:02:28 PM

UtopianRanger

Posts: 3251
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quote:

You want cheap oil and lower cost of electricity? All you have to do is allow nuclear power plants to be built. Consider that in France, when the Civaux nuclear power plant comes on line sometime in the next 12 months, France will have 56 working nuclear plants, generating 76% of her electricity

Your argument regards France's open arms approach to an adequate domestic power supply through high technology, modern nuclear power plants can be furthered by looking-at/studying the contemporary, neighboring German state….They’ve bought into the ’’Cap and trade/carbon credit’’ scam and have since decommissioned many of their nuclear power plants for the more politically correct ‘’greener’’ sources for domestic power.

Well, with this last winter being as cold as it was, most of the German power companies couldn’t afford the excess ''carbon credits''.... So the price of electricity has spiraled way up with the end result being that much of the German industry heavily reliant on electricity, is now leaving and moving to Russia.

So, you really wanna control someone.....Get them to sign on the dotted line for a no money down, variable rate home mortgage, and then make them feel good about capn' trade and four-dollar and fifty-cent gasoline.....

- R

< Message edited by UtopianRanger -- 5/30/2008 9:14:17 PM >

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RE: Do we all believe the BS we're being fed? - 5/30/2008 9:46:15 PM

Griswold

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Joined: 2/12/2007
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quote:

ORIGINAL: MissSepphora1

First they tell us the price of gas is up due to high demand, then they tell us it's up because we're using LESS??

http://news.yahoo.com/s/ap/gas_prices

Prices remained volatile, though, buffeted about by threats against Nigerian oil facilities, worries about falling gasoline demand in the U.S. and a strengthening U.S. dollar.