Oil @ $100.00

[mamba20]

All I can think about anymore is how badly I want to stop flying. I cant think of a worse way to make a living. What an absolute waste of life this career is. Whether it gets in your blood or not, its clearly not worth it anymore.

Flame away.

 

[USNFDX]

Hey all you Flaming Liberals.

Go read Al Gore's book again......You all should be thrilled gas is $3 a gallon. You know discourage consumption, new technologies, hug a tree.

You can fault Bush on immigration, Iraq, spending, etc...But oil prices has zero to do with him, and lot more to do with flamers like you killing all new exploration, refineries etc.....


At least be true to you core beliefs or STFU !!!

 

[satpak77]

Hey all you Flaming Liberals.

Go read Al Gore's book again......You all should be thrilled gas is $3 a gallon. You know discourage consumption, new technologies, hug a tree.

You can fault Bush on immigration, Iraq, spending, etc...But oil prices has zero to do with him, and lot more to do with flamers like you killing all new exploration, refineries etc.....


At least be true to you core beliefs or STFU !!!

Right on the money. Oil price has NOTHING to do with Bush. If you don't believe me, wait till Jan-02-2009 and tell me where oil is.

 

[shooter]

Hey all you Flaming Liberals.

Go read Al Gore's book again......You all should be thrilled gas is $3 a gallon. You know discourage consumption, new technologies, hug a tree.

You can fault Bush on immigration, Iraq, spending, etc...But oil prices has zero to do with him, and lot more to do with flamers like you killing all new exploration, refineries etc.....


At least be true to you core beliefs or STFU !!!

you're right! lets put the next refinery right in your backyard.

oh wait.....you want to 'protect' that.

Don't blame all the environmental people out there. While some are extreme, their actions kept the water you drink and air you breathe in better shape than big industry would have it. Now, what's more important?

 

[Captain Overs]

I think the reason people blame Bush is because he was an oil man. He hasn't demanded that capacity be increased or more refineries built. If you think he has no influence then your crazy.

 

[shooter]

Not on FOX news

here is little release you will NEVER see on FOX news....or any other for that matter.

http://www.bluewaternetwork.org/press_releases/gw/pr2006mar07_gw_epact.pdf#search=%22Bush%20alternate%20fuel%20law%22


Now, after reading this can you really say Bush has nothing to do with our energy prices.

Late yesterday afternoon, federal District Court Judge William Alsup declared the Bush Administration in violation of a 1992 law designed to reduce dependence on foreign oil, global warming, and air pollution. The Court ruled that the Department of Energy's refusal to impose an alternative fuel vehicle purchasing requirement on private and municipal fleets was illegal. The judge vacated the Agency's decision and ordered it to engage in a two-step rulemaking process. The Department must first revise the Act's petroleum reduction goal to an achievable number and then use the new goal to assess whether to impose alternative fuel vehicle purchasing requirements on private and municipal fleets to help achieve the revised goal.

Bush panders to the media and America gobbles it up. He IS a major problem with our reliance on foreign oil.

 

[Captain Overs]

I think a google search says it all. Go to google and type in "failure" and see what the first thing to come up is.

 

[RP 04]

I think a google search says it all. Go to google and type in "failure" and see what the first thing to come up is.

George W. Bush [SIZE=-1]Biography of the 43rd President of the United States.
www.whitehouse.gov/president/gwbbio.html - 20k [/SIZE]

 

[atafan]

I think all you liberals that hate President Bush more than you love your country give him way too much credit. You blame all the wows on a Republican administration, Senate and Congress. President Bush hasn't been able to get anything done since the war, he certainly isn't able to influence the price of oil substantially.

The Republicans have become a bunch of worthless weak dopes and the Democrats are even worse. Americans need to demand that this oil crisis is brought to the front and dealt equally with the war on Islamic Nazis.

We need to get together on this and forget about who's to blame. Demand it!

 

[FlyBoeingJets]

Being dependent on Middle East oil was not bad when it was $25 a barrel. We were using their resource at a cheaper price.

Now that it is higher it is time to use the oil and resources over here.

Oil shale, coal to oil, ethanol (for cars), they are all in the wings available for someone to jump on. The worry is if they are all pursued we might have, temporarily, too much on hand and the price may fall to $35 a barrel. Then the economics don't make sense and companies go bankrupt. Businessmen have to have the confidence in ongoing supply and demand that keeps the price above a certain level. Apparently, we don't have that yet.

Fortunately, price hikes on airfares have stuck and the passengers keep coming back. $100 might not be evil, it may signal the start of factories to develop alternatives that drives the price back down under $50.


BTW, most U.S. Presidents disappoint their citizens. Clinton, Bush, Nixon, Johnson, Carter. That is just how the cookie crumbles. None is perfect and they all lie a little bit. And their policies never work out perfectly either.

 

[shooter]

Being dependent on Middle East oil was not bad when it was $25 a barrel. We were using their resource at a cheaper price.

Now that it is higher it is time to use the oil and resources over here.

Oil shale, coal to oil, ethanol (for cars), they are all in the wings available for someone to jump on. The worry is if they are all pursued we might have, temporarily, too much on hand and the price may fall to $35 a barrel. Then the economics don't make sense and companies go bankrupt. Businessmen have to have the confidence in ongoing supply and demand that keeps the price above a certain level. Apparently, we don't have that yet.

Fortunately, price hikes on airfares have stuck and the passengers keep coming back. $100 might not be evil, it may signal the start of factories to develop alternatives that drives the price back down under $50.


BTW, most U.S. Presidents disappoint their citizens. Clinton, Bush, Nixon, Johnson, Carter. That is just how the cookie crumbles. None is perfect and they all lie a little bit. And their policies never work out perfectly either.

I agree. the question now is when will action begin? Pay cuts, higher prices for all goods not just the petrol....we are going backwards. I just went back 2 tax brackets writing this post. uke:

but if the prices fall, it will be because the economics demand it. The only loss would be to the oil co. stock holders. Dont you think?

 

[mannyaplus11]

Okay, here are some suggestions ( you can flame away later):
1. Develop the coal to oil plants
2. If you don't want them in your backyard, put them on federal land, Nevada is 90% owned by the federal government
3. All new construction, residential and commercial, should have some percentage of solar power on it.
4. Get serious about developing public transportation
5. Get serious about road and traffic improvements, the Los Angeles area is a classic example ( wherever two major highways intersect, the roads go down from as many as 5 lanes, down to two creating a major/daily bottleneck.)
6. get serious about alternative energy source, yes, even nuclear (China syndrome was a movie)

 

[HalinTexas]

Halin,
I understand what you are saying however if you think the oil companies and oil men are just innocently standing by while "supply and demand" dictates the price of oil, you are a bit naive don't you think?

Nope. They are producing all they can to make as much money as they can off of the high demand. I'm sure they are looking for new areas to drill as well. Sort of like the air freight business, e.g. UPS, taking advantage of the internet in the expansion of their business. You know, all those online shoppers? As well as all the "supply chain" type businesses that need last minute supplies to operate their businesses.

The demand is there, that is why UPS and FEDEX is making so much money, and the supply of air-freight businesses is increasing, e.g. Focus Air, and Air 360 (or whatever), and the supply of suitable aircraft are all going to UPS and FEDEX.

 

[zonker]

Oil was $25 a barrel in 2003.

Numbnuts and his idiotic war may have had just a small part in the subsequent run-up.

 

[atafan]

Numbnuts and his idiotic war

I was no fan of President Clinton but notice how I show respect to the Office by referring to him as President Clinton. I'm pretty upset with President Bush these days too but I still respect the office.

If you want to be taken seriously act like an adult.

 

[zonker]

I was no fan of President Clinton but notice how I show respect to the Office by referring to him as President Clinton. I'm pretty upset with President Bush these days too but I still respect the office.

If you want to be taken seriously act like an adult.

Yes, it's my highest aspiration in life to be "taken seriously" on an anonymous message board using the handle "zonker".

The guy's a complete idiot and the worst president we'll see in our lifetimes. He gets no respect from me, ever.

 

[BIGGOAT]

The problem with $100 oil is not whether the airlines can pass on the cost. The real problem is the effect it will have on inflation. We break inflation into multiple components. The core excludes volatile food and energy costs. But who is not affected by these two variables? $100 oil will push infaltion up and the economy will slow or stagflate. Then we will see high interest rates and then .......A real mess that will have an adverse effect on air travel.
On a side note, if interest rates ever get back to the levels like the late 80's, then lock in some long term CD's!

 

[SkiFishFly]

I think a google search says it all. Go to google and type in "failure" and see what the first thing to come up is.

All that indicates is that some stupid Bush hating liberal paid google enough money to have this come up first when you search failure - big F'in deal.

I'm sick of all the ne'er do well Bush haters. He is our President. This is our country. If you don't like the way things are then come up with a better idea and sell it to the voters or stop your damn whining.

Cut and Run or setting a timeline to bring everyone home is not a strategy and is absolutely not a better idea. If you don't see that the people who value killing innocent women and children in the name of allah more than they value life itself will gladly wait 6 months or a year or 10 years - then you really don't understand the situation.

If you can not see that appeasement accomplishes nothing with these people then you are completely ignorant of history.

 

[Crash Pad]

Couple of items. The drop in the value of the dollar might have had something to do with the federal deficit.
The wars might have added a security premium to the price of oil.
China and India might be using a bunch of oil.

I'm coming out as the flaming liberal and I say let the price run to $400 a barrel.

My liberal butt may not be glamerous but it is time for it to pay. I'm done with the middle east. I'm done with our military running to the same hot spot every five years so I can drive a tank to the airport. I'm done with the global warming which is really gonna suck in about 50 years. I'm done funding both sides of the war on terror.

Join the military and be short sighted. The real step is to move closer to work, buy efficient cars, lights, windows, ride a bike, take the train. We laugh at the french but hey they don't have to get there butts shot off.

You can jump on board now or wait until global warming or another terrorist attack but right now GREEN IS THE NEW RED WHITE AND BLUE. What color are you?

 

[PunchTheClown]

Bush is a moron

His vendetta war in the middle east is a HUGE reason why oil is so expensive. Its a fact that Bush and Cheney are two of the top five richest oil stock holders in the country. Of course those two criminals are loving it and will make any excuse to deflect blame, etc, etc, etc.

'08 cant get here soon enough.

 

[miles otoole]

Bush is a moron

His vendetta war in the middle east is a HUGE reason why oil is so expensive. Its a fact that Bush and Cheney are two of the top five richest oil stock holders in the country. Of course those two criminals are loving it and will make any excuse to deflect blame, etc, etc, etc.

'08 cant get here soon enough.

Have fun with Hillary.

 

[PunchTheClown]

Have fun with Hillary.

Sure beats the scumbag administration that was APPOINTED to office right now.

 

[Crash Pad]

Punch I don't know how to tell you this but another Republican is going to win in 08. I would like to place money on Jeb as a dark horse.
The Dems have thrown out two no personality bums to run against the cool frat guy. I don't know if you went to college but the cool frat guy wins every time... especially if they are rich.
The Dems will throw out a Clinton, Gore, or some other bum. The Republicans will run a Rudi (spell) and win. Not by a little but another massive red state blow out. Keep Rove around and it is money in the bank.

So don't think another election cycle is going to save you. Washington is dead it is time for the American People to start doing something for the country.

 

[densoo]

Try to see the movie "Who Killed the Electric Car." GM made a couple hundred of of them several years ago and they were wildly successful. No mx, no fuel, plug in, zero to 60 acceptable, long waiting list to get it. The range was only 100 miles which most who drove it found acceptable 95% of the time. Used their gas car when they needed to go further.

A brilliant tinkerer who developed a battery that gave the car a 300 mile range drew GM's interest. GM indicated they wanted the battery for the vehicle so he sold his company to them. After the papers were signed, they put a gag order on him saying he could neither promote his product nor reveal the techology he used to develop it and stopped production.

When it became apparent they GM had inadvertently stepped over the line in creating a vehicle that could lead to its own demise (no motor = no maintenance $tail) they not only recalled the lease-only cars but had them demolished in a metal shredder. Despite the protest of those who had them and those who wanted them, only one remained for posterity.

One can only imagine if GM had seen this as the opportunity as it truly was. We might now be well into the midst of transformation as momentous as going from horse and buggy to mass produced car. Our dependence on oil by now would be significantly less. We probably wouldn't be fighting for this "strategic" asset right now.

Oh, and American car companies might not be going bankrupt. Instead there's a six month waiting list for the Toyota Prius, only a hybrid vehicle, but the best that's out there right now.

 

[runwayjockey]

........

 

[JP4user]

Have fun with Hillary.

Bill would never let her wear a skirt becasue her balls would have hung below the hemline.

 

[shooter]

Punch I don't know how to tell you this but another Republican is going to win in 08. I would like to place money on Jeb as a dark horse.
The Dems have thrown out two no personality bums to run against the cool frat guy. I don't know if you went to college but the cool frat guy wins every time... especially if they are rich.
The Dems will throw out a Clinton, Gore, or some other bum. The Republicans will run a Rudi (spell) and win. Not by a little but another massive red state blow out. Keep Rove around and it is money in the bank.

So don't think another election cycle is going to save you. Washington is dead it is time for the American People to start doing something for the country.

Maybe another Republican will win in ’08, maybe not. If you want your money on Jeb I will be more than happy to take your money from you. If they put up McCain, no bet and I will probably vote for him. But he is a moderate Republican. This Bush system is killing our country and his brother is no different. I do not think this country is ready for a female president. I do not have a problem voting for a woman, but in a race between McCain and Hillary it’s McCain all the way. Hillary vs. Jeb I will be waving a Hillary flag from the highest pole around.
When you say "especially if they are rich" you have GOT to be kidding me. It takes millions of dollars to run for even a local seat. They are ALL rich and they are ALL out of touch with the working Americans. We have let our government become corrupted by big business and special interests. The two party system prevents a box to stump on by third parties that have more of working America in their interests. Worst part is we keep on schlepping on and voting for the least of the two evils rather than practicing our rights to write in a candidate or have a chance to hear what the third parties have to say to us. The only way "another election cycle is going to save you"is by America taking our country back from the big business and special interest groups by voting smart.

 

[Wiggums]

Try to see the movie "Who Killed the Electric Car." GM made a couple hundred of of them several years ago and they were wildly successful. No mx, no fuel, plug in, zero to 60 acceptable, long waiting list to get it. The range was only 100 miles which most who drove it found acceptable 95% of the time. Used their gas car when they needed to go further.

Watching that movie for the facts about the EV1 is like trying to get the 9/11 story from a Michael Moore movie.

Fact is that GM lost over one million per car. They were also deemed too dangerous for anyone other then a Huges mechanic to work on. You can't "turn off" a 400+ volt battery back. So that is why they could not be sold, only in a lease could GM dictate who could mantain the car. These problems are solveable, but not with the design of the EV1.

Of course, GM is making a huge mistake going with E85. PHEV are the most promising tech right now.

 

[jetflyer]

Sorry I have to say something.

$100.00 oil is going to be cheap in 5 years. Oil production is at its maximum output and has been at a plateau for 2 years now around 84 million barrels a day. It is about to start going down.

Here is a recent ABC Australia video documentary about how oil production is about to start diminishing:
http://www.informationclearinghouse.info/article13112.htm

Here is another recent ABC australia video documentary that has additional extra interviews with SAMSAM BAKHTIARI, who just talked to the Australian Senate, DOE expert Robert Hirsch, and Colin Campbell the president of ASPO.
Here is the documentary with the interviews:
http://abc.net.au/4corners/special_eds/20060710/

Australia's SENATE just had a meeting on oil's future. The expert testimony was from SAMSAM BAKHTIARI, an ex-member of the Iranian National Oil Company.
His incredible interview from the Australian Senate is here:
http://www.aph.gov.au/hansard/senate/commttee/S9515.pdf

These are all must watches and must reads. This is happening now and a few select leaders of the world know it.

DOE expert Robert Hirch who can be seen in the documentary above has researched and says 20 years of preparation must be had to preemptively get ready for oil production starting to go down. The DOE expert is scared for our futures because he thinks we're at this point now and hard economic times and a changing world are about to be upon us.

You may think I'm a nut but what if I'm right? (which I am)

Jet

 

[jetflyer]

Oil is used to make almost all of our pesticides, nylon carpets, all plastics, transprotation fuels etc.

Here is the U.S. Army study about a coming oil production problem and how it needs to be addressed now or that resource wars for oil will most definitely be in our near future:
http://stinet.dtic.mil/cgi-bin/GetTRDoc?AD=ADA440265&Location=U2&doc=GetTRDoc.pdf

Here is the U.S. Government Department of Energy Study on how horrible the effects of diminishing oil production will be. They say it will take 20 years of every alternative known to man(coal to oil, tar sands, electric cars, etc.) to replace the stuff. They say there are no quick solutions. It will simply take a lot of time and a lot of money. An interview with the Author Robert Hirsch is in the ABC documentary on the previous post:
http://www.netl.doe.gov/publications/others/pdf/Oil_Peaking_NETL.pdf

A recent oil industry expert meeting found that 50% of the attendees think we're at the point of a maximum oil production and immenent declines are coming soon.

Jet