Jet Fuel Prices WILL Be Climbing A LOT, and Soon

[jetflyer]

These are the best peak oil introduction videos I've ever seen both from ABC Australia. This topic will never be given the proper attention in the U.S. because it has been given the gag order....

This is an ABC Australia video that is 13 minutes long and introduces peak oil very well.
Here is the link:
http://www.informationclearinghouse....ticle13112.htm

Below is a GREAT peak oil documentary from ABC Australia. It has several segments, so watch 'em all. There are also interviews with several experts including the author of the U.S. Govt. DOE STUDY ON PEAK OIL, who is very scared for our future:
http://abc.net.au/4corners/special_eds/20060710/

These are all about how peak oil is related to what is going on in the world especially with the "War on Terror"(ALL of them are 10 minutes) They're very high budget and well done:
The Oil Factor
The Oil Factor 2
The Oil Factor 3
The Oil Factor 4
The Oil Factor 5
The Oil Factor 6
The Oil Factor 7
The Oil Factor 8
The Oil Factor 9

Hope you learn something...
Jet

 

[jetflyer]

The best peak oil blog is here: www.theoildrum.com which is comprised of geologists and experts who agree peak oil is now and that Saudi is having troubles.

Here are others good sites:
www.peakoil.com
www.energybulletin.net

Those are the most respectable ones. There are others which are very doomsdayish.

Jet

 

[crxpilot]

While these deposits do exist, what is the cost of extracting them? If it were easy, and more importantly, cheap to convert the shale to a liquid combustible form it would be happening now. What some people fail to realize is that even a 10% increase in production costs has significant economic ramifications around the world. Production from known reserves (Saudi Arabia, etc.) will undoubtedly decrease over time, what replaces them will be what determines our future.

Companies are coming up with ways to extract oil from the Green River Formation very cheaply.

For example, one Utah-based company says it can extract the oil for as little as $10 a barrel. In fact dozens of companies have stepped forward with similar claims. With oil prices approaching $70 a barrel - these are pretty significant breakthroughs.
That's all the government needed to hear.
This is where our president did to get us out from being dependent on foriegn oil. On August 8, 2005, President Bush signed into law, a mandate lifting the protective legislation on the Green River Formation.
This mandate is called The Energy Policy Act of 2005. It calls for the opening phases of oil extraction in the Green River Formation - the world's most concentrated energy source.
We're finally ready to tap the largest oil reserve on the planet.
Of the 2 trillion barrels of proven oil in the Green River Formation - between 800 billion and 1.2 trillion barrels are recoverable. That's the amount of oil we can actually get out and use.
Extracting this much domestic oil is very attractive to the government, especially in today's politically unstable environment.
It's estimated that tapping U.S. oil shale would decrease domestic oil prices by as much as five percent a year. That may not sound like much, but consider that a 5% drop in oil prices would save Americans $15 - $20 BILLION a year at the gas pumps.
That's why on August 8, 2005, President Bush signed into law the Energy Policy Act of 2005.

This historic legislation officially opens up the Green River Formation to a handful of drilling companies.

http://911remembered.blog.com/OIL/

 

[atpcliff]

Hi!

Currently, to make oil from shale, natural gas is used is used in the process.

Canada has a TON of oil shale, but to convert it to oil would take ALL the natual gas in N. America.

I don't think it's a question of cost, it's a question of energy usage to make the shale oil.

With our current energy and global warming situations, renewable evergy is the ONLY way to go.

We nee an Apollo type program funded by the government, to the tune of $100B over 10 years, to develop renewable sources so we don't have to buy ANY foreign oil, and we can pull our troops out of the ME.

cliff
LRD

 

[enigma]

The only thing past peak is the value of the American dollar.

 

[chperplt]

Seek help jetflyer..... seek help...

 

[WMUSIGPI]

The only thing past peak is the value of the American dollar.

No kidding, this last trip to Canada was painful to the wallet with an even exchange rate.

 

[BigMeat]

The one good thing about the devalued dollar is the opportunity for us to grow internationally. For example a Boeing product becomes cheaper campared to Airbus because of the value of the dollar compared to the Euro. Now if we can only start producing more things of value and shipping them elsewhere that can mean more jobs here and less outsourcing. We will never be able to compete against India or China but we should be able to increase our GDP. Hopefully we start to see that trend as the Dems have taken control.

 

[LJDRVR]

If they can afford to buy into a fractional program then the cost of fuel is probably not a big issue for them financially.

And that's why several flight departments parked large portions of their fleet and laid pilots off when oil was up around eighty? Rich people are no different thatn you or I, if it's going to increase their costs noticably, some will stop doing it or slow down.

 

[jetflyer]

And that's why several flight departments parked large portions of their fleet and laid pilots off when oil was up around eighty? Rich people are no different thatn you or I, if it's going to increase their costs noticably, some will stop doing it or slow down.

I actually agree. I think the fractionals will be affected less than others from the coming energy crisis, but they will still be affected.

A very large portion of the fractional customers are businesses.

If the average Joe has to reign in spending on things then our economy will go into recession, causing businesses to earn less money.

A lot of the businesses will instead of paying for fractional flying send their workers flying first-class on Major Airlines again.

Jet