You can drill as much as you want - gas will not become cheaper.

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  • Barry-xlovecam
    It's 42
    • Jun 2010
    • 18083

    #61
    Whatever happened to sawgrass ethanol?

    Making bio-fuels is fine in concept however using corn and creating higher meat prices in the USA, ( notice the price of feeder livestock beef and pork has risen 30% or 40% the past couple of years? ) and food shortages world wide by decreasing grain exports?

    And a cheap way to turn water into hydrogen -- the most abundant fuel source in the world? They are starting to use hydrogen power efficiently in Iceland ... Iceland ??? A little country ...

    Hydrogen
    http://en.wikipedia.org/wiki/Renewab...eland#Hydrogen
    Currently, imported oil fulfils most of Iceland's remaining energy needs. This cost has caused Iceland to focus on domestic, renewable energy. Bragi Arnason, a local professor, first proposed the idea of using hydrogen as a fuel source in Iceland during the 1970s, which is also when the oil crisis occurred. At that point in time this idea was considered untenable, but in 1999 Icelandic New Energy was established to govern the project of transitioning Iceland into the first hydrogen society by 2050.[10] This followed a decision in 1998 by the Icelandic Parliament to convert vehicle and fishing fleets to hydrogen produced from renewable energy.[11]

    Iceland provides an ideal location to test the viability of hydrogen as a fuel source for the future, since it is a small country of only 320,000 people, with over 60% living in the capital, Reykjavík. The relatively small scale of the infrastructure will make it easier to transition the country from oil to hydrogen. There is also a plentiful supply of natural energy that can be harnessed to produce hydrogen in a renewable way, making it perfect for hydrogen production. Iceland is a participant in international hydrogen fuel research and development programs, and many countries are following the nation's progress with interest. However, these factors also make Iceland an advantageous market for electric vehicles. Because electric vehicles are four times more efficient, and less expensive than hydrogen vehicles, the country may switch to electric vehicles.[12]

    Iceland already converts its surplus electricity into exportable goods and hydrocarbon replacements. In 2002 it produced 2,000 tons of hydrogen gas by electrolysis—primarily for the production of ammonia for fertilizer.
    Hydrogen fuel could be produced in the Pacific Northwest where there is cheap hydroelectric power sources and sent by pipeline (technology to be developed) to the Western USA.

    Sure, it is a major investment but it would create jobs, technical innovation and in the process improve the balance of trade in America's favor. We would need to build new fuelling stations -- more jobs and useful spending. Why the hell we are not doing this?

    Vested interests in the petrochemical business ... That's why.

    Comment

    • jimmycooper
      Confirmed User
      • May 2010
      • 4016

      #62
      Originally posted by Robbie
      I think you guys are right. Let's just leave all this oil and gas in the ground and see if we can come up with something new. In the meantime let's watch what happens when the cost of food goes through the roof as transporting it becomes more and more expensive with the price of fuel going up.

      Talk about a tax on the middle class...

      Or we could read this news report from May 2012 talking about the fact that oil companies have now made GIANT discoveries of oil right here in the U.S. that could make us energy independent and have no need to import oil.
      http://www.usatoday.com/money/indust...NCE/54977254/1

      Effectively buying us plenty of time to develop new technologies in green energy without having to make it so expensive to fill the tank for lower and middle class Americans (rich people don't care if it costs $100 to fill the tank)
      Looking good Robbie! If you keep doing what you're doing, I bet that in 2.3,4 months, maybe 6 months down the road you'll be much closer to where you need to be!

      In the meantime, you should maybe consider going to a tanning salon or something. I guess it's kind of like an illusory type thing, but having a little bit color tends to make your muscles appear as if they're more defined. No sense in hiding all your hard work under a pale mound of flesh, right? Be sure to ask for a low intensity bed. It may take longer but if you do it that way you'll end up with a nice, natural looking tan and that's what you want. Nobody wants an orange Robbie. Just stay patient, don't get frustrated, and keep up the good work! We're all very proud of you!

      Comment

      • bhutocracy
        Not making A Comeback
        • Dec 2001
        • 10218

        #63
        Originally posted by Robbie
        I think you guys are right. Let's just leave all this oil and gas in the ground and see if we can come up with something new. In the meantime let's watch what happens when the cost of food goes through the roof as transporting it becomes more and more expensive with the price of fuel going up.

        Talk about a tax on the middle class...

        Or we could read this news report from May 2012 talking about the fact that oil companies have now made GIANT discoveries of oil right here in the U.S. that could make us energy independent and have no need to import oil.
        http://www.usatoday.com/money/indust...NCE/54977254/1

        Effectively buying us plenty of time to develop new technologies in green energy without having to make it so expensive to fill the tank for lower and middle class Americans (rich people don't care if it costs $100 to fill the tank)
        Read the article again, seems you missed the part about gas not going under $3 even with the "giant" finds given the expense of producing oil from these sources.

        Comment

        • Paul Markham
          Too old to care
          • Jun 2001
          • 52943

          #64
          What will make people more fuel efficient and waste less?

          More expensive oil or cheaper oil?

          **************************

          What will make people go to alternative sources of power?

          More expensive oil or cheaper oil?

          **************************

          What will make people develop more alternative sources of power?

          More expensive oil or cheaper oil?

          It really is a no brainer.



          Blowout deal. 880 videos, 2,400 image sets, plus many RAW videos. $500.
          PM me for a deal. Skype Paulmarkham70

          Comment

          • MaDalton
            I am Amazing Content!
            • Feb 2004
            • 39861

            #65
            Originally posted by garce
            Market price in Venezuela? 8 cents per gallon as of March 2011. I doubt its gone up much since then. Maybe you mean market price in Iran ($1.44) or Saudi Arabia ($0.61)
            english is not my first language but the "market price" i am speaking about is the price per barrel oil - not how much gas costs at the gas station. those prices vary too much from country to country because of local taxes. some countries put high taxes on it, others pay subsidies to keep them low
            AmazingContent.com - providing only the best content and service since 2003
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            Comment

            • jimmycooper
              Confirmed User
              • May 2010
              • 4016

              #66
              Based on this 2010 study, global population is expected to increase by 1.4 billion by 2030. That's like the world now minus 20 years of natural resources plus one more China.

              Projected increase of just the top ten most populous countries is 676MM. The top ten countries are India, China US, Indonesia, Nigeria, Pakistan, Brazil, Bangladesh, Russia, and Mexico. They're not driving hybrids in Bangladesh. How much is a Prius? $25K? The combined GDP per capita of India, Indonesia, Nigeria, Pakistan, and Bangladesh is just under $15K.

              8 of the 10 are perceived to be going through periods of industrialization where more resources are needed to fuel growth. The trucks being used to haul shit to some construction site at the next Nigerian megapolis have more impact on the global market than do the F150s that middle American douchebags use to haul their pretend boats to the pretend lake.

              If every middle American soccer mom goes to a Toyota dealership this afternoon to trade in their gas guzzling SUV for a Prius, there's a small chance it would cause the price of a barrel to go down by a few pennies, but the 'impact' on oil prices would be short lasting because the global market is more defined with the actions of one billion industrializing chinamen.

              Comment

              • Sunny Day
                Confirmed User
                • Dec 2010
                • 1406

                #67
                US Exports Oil

                Originally posted by Robbie
                I agree they want to make all the profit they can. God knows if I could raise the price on our paysites I would.

                But keep in mind that the oil companies are right now trying their best (and being blocked by the U.S. Govt) to drill MORE.
                Also keep in mind that we need more oil refineries in the U.S. as well.
                In 2011, the US exported 20 million gallons of gasoline to markets like China & India
                http://zfacts.com/node/426

                Several East Coast refineries have closed down. So re-open them.
                http://www.csmonitor.com/USA/2012/02...stop-exporting

                Also first the first time in decades, in 2011 the US was a net exporter of oil
                http://www.advisorperspectives.com/c...klin_40412.php

                Comment

                • CarlosTheGaucho
                  Confirmed User
                  • Oct 2005
                  • 9553

                  #68
                  Originally posted by Robbie
                  I think you guys are right. Let's just leave all this oil and gas in the ground and see if we can come up with something new. In the meantime let's watch what happens when the cost of food goes through the roof as transporting it becomes more and more expensive with the price of fuel going up.
                  This is already happening, and crude oil of course has countless implementations in the industry apart from petrol, basically there's oil in pretty much anything.

                  Once you produce for the price you want to produce (high) you're increasing the global cost of production.

                  Originally posted by Robbie
                  Talk about a tax on the middle class...
                  Yet this is precisely what is happening already, and nobody has any reason whatsoever to change it (unless the oil industry as a strategic commodity would get nationalized).

                  Organizations such as OPEC weren't institutionalized to help the world, they were institutionalized to make the most money from oil in a cartel, that's where the rules are made, that's where the supply is regulated for someone to be able to make the most $$$.

                  Originally posted by Robbie
                  Or we could read this news report from May 2012 talking about the fact that oil companies have now made GIANT discoveries of oil right here in the U.S. that could make us energy independent and have no need to import oil.
                  http://www.usatoday.com/money/indust...NCE/54977254/1

                  Effectively buying us plenty of time to develop new technologies in green energy without having to make it so expensive to fill the tank for lower and middle class Americans (rich people don't care if it costs $100 to fill the tank)
                  Do you really believe that the same companies that pretty much own the government would like the same government to put way, way more money into any other apart from just pseudo / politically justifiable pro-alternative energy research and agenda?

                  These Giant discoveries always "happen" with the right timing, not only that there's supposingly much, much more potential crude oil that can be drilled with the ever more modern technologies (that can again only be financed by those who have enough gold since they control the oil market).

                  It's that those who have the gold make the rules, and every move, anything that goes widespread in public media as a part of someone's political agenda simply has to make sense $$$ wise.

                  Once there would threaten a serious shift / political will towards alternative energies there may as well be yet another "giant discovery" to fullfill the political agenda of those, that were bought by the oil companies in the first place.

                  The US crowd will always hail to anyone who offers them 5c off gallon and more oil drilling, there you have the perfect synergy between those two - politics and oil industry.
                  Last edited by CarlosTheGaucho; 09-08-2012, 08:51 AM.
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                  Comment

                  • nico-t
                    emperor of my world
                    • Aug 2004
                    • 29903

                    #69
                    Originally posted by flashfire
                    you gonna tow my boat or trailer with your Jetta? fit my entire family in there plus gear?
                    because everyone who drives a plump ugly american truck has a boat.

                    Comment

                    • madm1k3
                      Confirmed User
                      • Jul 2005
                      • 472

                      #70
                      OK lets not let facts get in the way,

                      Canada and Mexico supply America with over sixty percent of their oil imports, who owns the Canadian oil fields..... American Companies! You would ask why are American companies extracting oil from Northern Alberta, simple thats where the oil is.

                      Texas and other American states have run out of new oil reserves, Keystone pipeline is designed to keep the refineries in the Southern USA in the money by taking the bitumen oil from Alberta, refining it, and selling at market price. There is no reason to do this other than it will save on shipping and increase profits of the oil sands. If you believe it will lower gas prices.... well then I have some magic beans for sale as well.

                      The other hard truth is that oil needs to be $75 - $80 a barrell or more for the Albera oil sands to be profitable. I highly doubt we will ever see it dip below this ever again, because AMERICAN and Chinese oil companies have almost a trillion dollar investment in the oil sands and we all know oil companies don't lose money
                      Always looking for trades on Linkspun! Check my Id here

                      Comment

                      • Barry-xlovecam
                        It's 42
                        • Jun 2010
                        • 18083

                        #71


                        Get rid of it ...

                        Comment

                        • Robbie
                          Leaner, Meaner, Faster
                          • Aug 2002
                          • 20960

                          #72
                          Originally posted by madm1k3
                          OK lets not let facts get in the way,
                          One of the biggest oil finds in history last year in the Gulf 1 BILLION barrels of recoverable oil:
                          http://online.wsj.com/article/SB1000...275032794.html

                          And that's just one of the massive oil finds that new technology is making happen...but the Obama administration blocked.

                          Oil creates jobs. High paying jobs. And jobs are what we need in the U.S.

                          Everybody keeps saying "oh, it won't work". Well, there is only one way to find out.

                          Common sense tells me that if you create high paying jobs and lower the cost of energy...the economy will roar.
                          Maybe I just have a different idea of how business works and how to be successful than some of you guys do.
                          -Robbie
                          ClaudiaMarie.Com

                          Comment

                          • Paul Markham
                            Too old to care
                            • Jun 2001
                            • 52943

                            #73
                            Originally posted by jimmycooper
                            Based on this 2010 study, global population is expected to increase by 1.4 billion by 2030. That's like the world now minus 20 years of natural resources plus one more China.

                            Projected increase of just the top ten most populous countries is 676MM. The top ten countries are India, China US, Indonesia, Nigeria, Pakistan, Brazil, Bangladesh, Russia, and Mexico. They're not driving hybrids in Bangladesh. How much is a Prius? $25K? The combined GDP per capita of India, Indonesia, Nigeria, Pakistan, and Bangladesh is just under $15K.

                            8 of the 10 are perceived to be going through periods of industrialization where more resources are needed to fuel growth. The trucks being used to haul shit to some construction site at the next Nigerian megapolis have more impact on the global market than do the F150s that middle American douchebags use to haul their pretend boats to the pretend lake.

                            If every middle American soccer mom goes to a Toyota dealership this afternoon to trade in their gas guzzling SUV for a Prius, there's a small chance it would cause the price of a barrel to go down by a few pennies, but the 'impact' on oil prices would be short lasting because the global market is more defined with the actions of one billion industrializing chinamen.
                            Good post. Also driving a Prius will lower the cost of fuel, the consumer will pay less and get more miles.

                            Common sense tells me that if you create high paying jobs and lower the cost of energy...the economy will roar.
                            Maybe I just have a different idea of how business works and how to be successful than some of you guys do.
                            Common sense tells the rest of us it will make no difference to the price. At best cents on gallon. The oil companies are in the business of keeping the price high.



                            Blowout deal. 880 videos, 2,400 image sets, plus many RAW videos. $500.
                            PM me for a deal. Skype Paulmarkham70

                            Comment

                            • jimmycooper
                              Confirmed User
                              • May 2010
                              • 4016

                              #74
                              Originally posted by Paul Markham
                              Good post. Also driving a Prius will lower the cost of fuel, the consumer will pay less and get more miles.
                              Thanks. Yeah, driving a Prius or some other type of fuel efficient car can definitely have an effect on one's own personal expenditures. It just won't help save the world or anything like that.

                              Comment

                              • slavdogg
                                Confirmed User
                                • Jan 2001
                                • 3570

                                #75
                                [QUOTE=MaDalton;19175926]http://www.bloomberg.com/energy/

                                Did you bother to notice that North AMerican oil is about $20 cheaper per barrel than European ??
                                Adult Traffic for Sale

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