Oil Pushing $60

[General Lee]

Caribou is good. I like 'em bloody rare. Very lean and tasty. What the he11 is musk-oxin? If its meat, i'll eat it too. Just don't be ffin with no elephants or dolphins.

I really don't know what Musk-oxin is, but I saw it on the news and IT LOOKED DARN TASTY. I CAN'T STOP SALIVATING, IT IS A RIVER IN MY COMPUTER ROOM.... I ALSO NEED A SWIG OF CRUDE, NOW!!!


Bye Bye--GENERAL LEE---HUNGRY FOR ANY ANIMAL INHABITING NE ALASKA

 

[BigShotXJTdrvr]

Drill in Alaska would solve alot of problems. Lower cost of fuel for us and would also make us less reliant on Saudi oil.

I dont want to hear it from the tree-huggers either.
DRILL, DRILL, DRILL

In all reality, it would take 2-3 YEARS for that oil to get to market, so until it shows up, the price of oil will remain completely unaffected by more Alaska drilling.

 

[Ted Striker]

Bye Bye--GENERAL LEE---HUNGRY FOR ANY ANIMAL INHABITING NE ALASKA

GL-

I'd love to serve you up a big slab of fresh muktuk and watch you turn green!

TS

 

[Steve 737]

.............

 

[General Lee]

GL-

I'd love to serve you up a big slab of fresh muktuk and watch you turn green!

TS

Sounds wonderful, as long as it is from the NE of Alaska. I am starving for anything that is alive and tasty from there. I want to pick their bones from my teeth. I want to dip them in crude like a roast beef sandwich served with au juice. I want the taste of roasted muktuk and fried polar bear to remain with me in every burp----and then I will ease my acid stomach with a small shot of crude. Have I told you that I want them to start drilling up there as soon as possible?


Bye Bye--General Lee

 

[coolyokeluke]

In all reality, it would take 2-3 YEARS for that oil to get to market, so until it shows up, the price of oil will remain completely unaffected by more Alaska drilling.

I've heard more like ten years. That's just what I've seen in the news up here.

 

[Ted Striker]

Sounds wonderful, as long as it is from the NE of Alaska. I am starving for anything that is alive and tasty from there. I want to pick their bones from my teeth. I want to dip them in crude like a roast beef sandwich served with au juice. I want the taste of roasted muktuk and fried polar bear to remain with me in every burp----and then I will ease my acid stomach with a small shot of crude. Have I told you that I want them to start drilling up there as soon as possible?


Bye Bye--General Lee

I'll give you a hint...muktuk isn't roasted.

 

[atpcliff]

Hi!

Here is an a brief explaination of Peak Oil, and why you should believe that it is real, and why it is important to you and I.

Peak Oil:
Peak oil will not be confirmed until after it has occurred. Gharwar (the largest oil field in Saudi) is the #1 source of oil for the world, and it looks like it has peaked. If Saudi has peaked, then either global oil production has peaked, or it's close.

Once global oil production has peaked, prices will continually rise until oil is not longer used as a transportation fuel.

The following is information is from Mathew Simmons, a Republican adviser to the Bush-Cheney energy plan So, for any of you who were thinking that Peak Oil is a Liberal/Commie/Green pile of bu!!shi!t, here's an oil insider to tell you that it's real.

"Expert: Saudi oil may have peaked

"As oil prices remain above $45 a barrel, a major market mover has cast a worrying future prediction.

Energy investment banker Matthew Simmons, of Simmons & Co International, has been outspoken in his warnings about peak oil before. His new statement is his strongest yet, "we may have already passed peak oil".

The subject of peak oil, the point at which the world's finite supply of oil begins to decline, is a hot topic in the industry.

Arguments are commonplace over whether it will happen at all, when it will happen or whether it has already happened. Simmons, a Republican adviser to the Bush-Cheney energy plan, believes it "is the world's number one problem, far more serious than global warming"."


Alaskan National Wildlife Reserve (ANWR):
Drilling in the ANWR is some people's idea of a good plan to help with the world oil shortage. Unfortunately, some organizations don't believe it is a good idea, including the following:
ConocoPhillps
ChevronTexaco
BP

from a recent article:
"The Arctic Power lobbying group is an industy group trying to get the US government to open up the ANWR to drilling.

A 5 Jan Investers.com article stated that ConocoPhillips just dropped out of the Arctic Power lobbying group: "A ConocoPhillips (COP) spokeswoman said the company recently chose not to renew its membership in the Arctic Power lobbying group." The article went on to say that ChevronTexaco "Has not been a member of Arctic Power since 2000." It also stated: "BP (formerly 'British Petroleum'-now their slogan is 'Beyond Petroleum') dropped out of the Arctic Power lobbying group in November 2002."

So, three major oil companies BP, ConocoPhillips and ChevronTexaco all have decided that trying to drill in the ANWR is not worth the effort.

One of the reasons is that there's just not a lot of oil there. I've heard civilians off the street tell me things like, "There's 40 years of oil there," or "The ANWR will provide all the world's oil needs for decades."

They are just plain wrong. Obviously, if there was that much oil, BP, ConocoPhillips and ChevronTexaco would not have dropped out of the efforts to open ANWR to drilling.

The latest estimate from the United States Geological Survey is that ANWR contains about a one-year supply of oil for the US. The USGS is not a Liberal or a Conservative think-tank. They are a bunch of scientists working for the US Government.

Will Canadian Oil Shale help?
Here's what Tobin at Changewave has to say about the oil shale situation in Canada, for example: "Not to fear, however; ExxonMobil believes there are some 14 trillion barrels still in the ground, including non-conventional resource fields like the tar sands of Canada and petroleum-rich shale in the Western U.S.

Not so fast. First, their forecast misses a key point: it takes TRILLIONS of cubic feet of natural gas each year to get oil out of the tar sands of Calgary. Natural gas deposits are MUCH tighter in the U.S. than oil -- and the only way to get natural gas into the U.S. OTHER than a Canadian pipeline is an LNG ship.

The hitch there is that we need 25 new LNG plants to meet that demand, and we have only built five since 1972 -- and only three future plants have been approved."

The Bottom Line:
The sooner we start weaning ourselves from using oil as a transportation fuel, the better. Steps should be taken to use less oil, and alternative fuels should be pushed hard.

I belive that an Apollo-style government program should be undertaken. We spend $100B in today's dollars to go to the moon. Let's put $100B over the next 10 years into accelerating our changeover away from oil.

Using the money that would've been spent to develop ANWR will be better spent on alternatives to oil: A long-term solution vs. the short-term help that some more oil out of ANWR would get us.

Do you think alternative fuels are a pipe dream?
GM is betting on hydrogen fuel-cells to power cars. They have been spending huge research dollars on it, hoping to retain their status as the #1 auto company worldwide by producing inexpensive hydrogen fuel-cell powered cars.

In an interview this week, the GM spokesman said they will have Hydrogen fuel-cell cars rolling off the assembly line by 2010, and by 2015 you will be able to go to a Chevy dealer and buy a Hydrogen fuel-cell car off the lot.

Cliff
YIP

 

[Sfergson727]

who's going to be able to afford to buy one of these new hydrogen cars after paying these gddmn prices, not only at the pump, but everything else that is going to go up because of it?

Sorry, I'm just trying the swallow the prospect of my 55% pay cut, along with all these price gouges.

Regards,
Scott

Vehicles: 2002 Hyundai Elantra (30 mpg, mine), 2001 Toyota Corrolla (29 mpg, wifes), 1994 GMC Suburban (15 mpg, utility, driven less than 500 miles per year) and the real problem: 2003 Sea Ray Sundancer 320 with twin 350 mags. @ 1 mile to the gallon. (Won't be leaving the slip this year, but if I give up my water relief, I may as well climb up in a bell tower somewhere)

 

[FrustratedCFI]

I had a student two years ago who was a senior exec at a large energy company, transalta I think the name was. He told me that they see no reason to pump north american oil out of the ground and sell it for crude/fuel. Since they have the processing facilities if makes much better business sense to turn that barrel of oil into a 747 windshield than just car gas. I believe he said that the Saudis can pull a barrel of crude out of the ground for $6-7 while it costs us $25. Even when the drilling in Anwhar (sp?) reaches fruition I don't think it will go to fuel.

 

[psysicx]

The reason oil is so high is because they know that they can get away with it.What we should be doing is turning are trash into fuel like indy cars.That way we don't have to worry about oil.

 

[atpcliff]

Hi!

Peak Oil:
"Analysts at John S. Herold, Inc., the energy research outfit that first spotted the flimflam at Enron, have joined the crowd in predicting oil production is topping off.

Robert Bryce, in Salon, wrote on Tuesday, "Since last fall, Herold has done peak estimates on about two dozen oil companies. Herold believes that the French oil company, Total S.A., will reach its peak production in 2007.

Herold expects 2008 to be critical, with Exxon Mobil Corp., ConocoPhillips Co., BP, Royal Dutch/Shell Group, and the Italian producer, Eni S.p.A., all hitting their peaks. In 2009, Herold expects ChevronTexaco Corp. to peak.

In Herold's view, each of the world's seven largest publicly traded oil companies will begin seeing production declines within the next 48 months or so." Says Herold Executive Vice President Richard Gordon: "If the dinosaurs are going extinct, we are trying to figure out which ones are going to go extinct the soonest."

What can you do? Single-engine taxi, take the proper amount of fuel, drive less-walk and bike more, switch to a higher gas-mileage car, write your political representatives.

Cliff
YIP

 

[atpcliff]

Hi!

Here is an article in FORBES, not some left-wing magazine, that explains that high oil prices are here to stay, because of basic supply and demand constraints.

http://www.forbes.com/business/energy/2005/03/11/cx_da_0311topnews.html
"Oil Crises Now And Then
Dan Ackman, 03.11.05, 9:30 AM ET
...
In real terms, oil prices were higher in 1981 than they are now. But they had fallen by half by 1986. As the early 1980s prices were caused by OPEC and politics, they eventually fell. Many oil prognosticators today say oil is more likely to stay high as the price is a function of ordinary supply and surging demand, especially in India and China. Indeed, this morning, the International Energy Agency raised its forecast for China's oil demand this year by 100,000 barrels per day to 500,000 barrels."

CLiff
YIP

 

[atpcliff]

Hi!

Here's what the CEO of ChevronTexaco had to say, compliments of Investors Business Daily:

http://www.investors.com/breakingnews.asp?journalid=26458788&brk=1

"Oil is no longer in plentiful supply. The time when we could count on cheap oil and even cheaper natural gas is clearly ending," ChevronTexaco Chairman David O'Reilly said in a recent speech."

Cliff
YIP

 

[G100driver]

Instead of worrying about what we are or are not going to do in ANWAR how about just raise the cost of airline tickets to what they cost to produce, .......

naaaaaaaa that is silly. Let all listen to what our Senators and G.W. Bush have to say about this

 

[Icelandair]

Anyone hear about Michael Savage's "Oil for Illegals" program? Pretty much Mexico should be giving us one barrel of oil for every illegal in the country to make up for the fact that they are causing our hospitals to go broke and sucking up money for free schooling and welfare services. That would help ease the price at the pump.