$200/ bbl by the end of the year?

[goodgig]

http://www.bloomberg.com/apps/news?pid=20601087&sid=ayQXcHVStlP8&refer=home

At least someone at Bloome uttered those words. Yuck.

 

[Sticky]

sweet. might be alittle chilly riding my bicycle to airport next winter though. Pray for global warming!

 

[IronCityBlue]

sweet. might be alittle chilly riding my bicycle to airport next winter though. Pray for global warming!

That misguided Arsenal fan in your avatar is welcome to ride her bike in the cold anytime! :nuts:

 

[MD80DRVR]

http://www.bloomberg.com/apps/news?pid=20601087&sid=ayQXcHVStlP8&refer=home

At least someone at Bloome uttered those words. Yuck.

Good! Maybe this country will finally wake up and start developing some serious alternatives to oil. Then we can tell OPEC to go "F" themselves. We can also pull completely out of the Middle East and let them all kill each other.

 

[CA1900]

Good! Maybe this country will finally wake up and start developing some serious alternatives to oil.

Until we get the oil executives out of the Executive branch, don't hold your breath...

 

[huronip]

sweet. might be alittle chilly riding my bicycle to airport next winter though. Pray for global warming!

Why would you need to go to the airport? All the airlines would be bankrupt.

 

[CA1900]

Why would you need to go to the airport?

To get to the FBO....

All the airlines would be bankrupt.

That's OK, you and I the taxpayers will simply bail them out again.

 

[Jonny Sacko]

Can we hang Prater first?

 

[eaglefly]

No gas at the FBO either.

$10 a gallon at the auto pump and long lines fighting for that at $200/barrel.

If oil ever got that high, nobody could afford it and OPEC would self destruct. Oil will go as high as the market will allow it. People here are still willing to pay $3.50-$4.00/gallon so why keep oil cheap.

I think it will remain at or below the psycological high of $5/gallon, so Crude will stay below $125/barrel. $100 in the winter and $125 in the summer.

 

[skydash]

No gas at the FBO either.

$10 a gallon at the auto pump and long lines fighting for that at $200/barrel.

If oil ever got that high, nobody could afford it and OPEC would self destruct. Oil will go as high as the market will allow it. People here are still willing to pay $3.50-$4.00/gallon so why keep oil cheap.

I think it will remain at or below the psycological high of $5/gallon, so Crude will stay below $125/barrel. $100 in the winter and $125 in the summer.

I agree. $200 level will only occur as a result of some major disruption/attack(such as the aborted "attack" by our old buddies in Iran a few days ago).If they sink a ship in the straits of Hormuz,that would be a problem.

 

[atpcliff]

Hi!

Just read about a biofuel that is the equivalent of JP-8. They are trying to make it commerically viable out of algea, which would be TONS more efficient than switchgrass, or anything else. Air New Zealand has been the lead on this.

My buddy said Jet-A at Signature, MSP was over $7/gallon!!!

cliff
GRB

 

[Bavarian Chef]

No gas at the FBO either.

$10 a gallon at the auto pump and long lines fighting for that at $200/barrel.

When do we start killing and eating the weaker ones? Some captains I know are moveable feasts. Hell, most Americans are self-contained Golden Corrals.

When the telemprompter stops giving us words? Will the Order of the Hand rule?

Wilson, please pass the Conch ...

 

[jws717]

The US Airforce is planing to convert coal to synthetic jet fuel. The Germans did it already in WW2.

I hope that the airlines jump on this band wagon and take control of their future.

 

[Bavarian Chef]

It costs more to turn coal into fuel than it does to just buy fuel.

Ethanol, btw, same deal.

Total bs.

 

[atpcliff]

Hi!

The USAF plans to have ALL jet fuel burned in domestically based aircraft to be non-oil based by 2016.

http://www.msnbc.msn.com/id/21034314/

Air New Zealand will partner with Rolls-Royce Group Plc. and Boeing Co. to conduct the first trial flight of a Boeing 747 airplane partly run on biofuel by early 2009, the airline said Friday.

http://www.biofuelreview.com/content/view/1133/

The signing ceremony certified that the blended FT and JP-8 fuel is safe for operational use in all B-52H aircraft and marked the formal conclusion of testing
...
The Air Force plans to test and certify every airframe to fly on a domestically-produced synthetic fuel blend by early 2011.
...
"This is the tip of the spear for national energy independence and cleaner energy," Secretary Wynne said. "It is doing well for the Air Force and the nation."

cliff
GRB

 

[Bavarian Chef]

Big deal. The Navy is switching to Cold Fusion in 2015.


The skinny on coal to oil.

http://en.wikipedia.org/wiki/Fischer-Tropsch_process

 

[Cardinal]

``One hundred dollars a barrel is actually 14.9 cents a cup, so we're still talking about oil being remarkably cheap,'' said Matthew R. Simmons

Oh, well then, I feel much better. F'in toolbox.