gasoline heads to $3.00/gallon Damn BUSH!

Re: gasoline heads to $3.00/gallon Damn BUSH!

PostBy: efo141 On: Tue Jan 12, 2010 3:06 pm

Wood'nCoal wrote:No--WAIT--I've got it figured out. GWB is a greedy oil man and he is quietly working behind the scenes the drive up the price of gasoline so he can make even more money and also to make Obama look bad. Makes perfect sense doesn't it??

My fear is that Obama is going to look good with oil price's up. It will help him push his alt. energy plans forward faster. So if it's a tree huger like Obama or a greedy oil buffoon like Bush, i think were screwed either way.
efo141
 
Stove/Furnace Make: New Yorker/Keystoker
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Re: gasoline heads to $3.00/gallon Damn BUSH!

PostBy: brckwlt On: Tue Jan 12, 2010 3:13 pm

efo141 wrote:
Wood'nCoal wrote:No--WAIT--I've got it figured out. GWB is a greedy oil man and he is quietly working behind the scenes the drive up the price of gasoline so he can make even more money and also to make Obama look bad. Makes perfect sense doesn't it??

My fear is that Obama is going to look good with oil price's up. It will help him push his alt. energy plans forward faster. So if it's a tree huger like Obama or a greedy oil buffoon like Bush, i think were screwed either way.



very good point. the faster gas prices go up the quicker obama will be able to shove his alt energy global warming cap and tax bs down our throats
brckwlt
 
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Re: gasoline heads to $3.00/gallon Damn BUSH!

PostBy: mikeandgerry On: Tue Jan 12, 2010 3:17 pm

Peak oil is real. As the demand for oil continues to rise while the supply continues to fall, the price will become more and more volatile with a marked upward trend until alternate sources are developed.

In attempts to ease the problem the following global initiatives have, and will continue, to occur:

Cap and trade
Energy conservation
Alternate energy sources

These initiatives are efforts to forestall wars over resources and to increase hegemony as the energy paradigm shifts. The US maintains a global influence only because of the petrodollar. As that breaks down, our preeminence will erode quickly because the dollar will no longer be king and our deficit spending spree will end.

Our situation is not the result of Bush or Obama, or Clinton or any president but rather the result of economic boom and bust.
mikeandgerry
 
Stoker Coal Boiler: Axeman-Anderson Anthratube 130-M


Re: gasoline heads to $3.00/gallon Damn BUSH!

PostBy: efo141 On: Tue Jan 12, 2010 4:29 pm

mikeandgerry wrote:Peak oil is real. As the demand for oil continues to rise while the supply continues to fall, the price will become more and more volatile with a marked upward trend until alternate sources are developed.

In attempts to ease the problem the following global initiatives have, and will continue, to occur:

Cap and trade
Energy conservation
Alternate energy sources

These initiatives are efforts to forestall wars over resources and to increase hegemony as the energy paradigm shifts. The US maintains a global influence only because of the petrodollar. As that breaks down, our preeminence will erode quickly because the dollar will no longer be king and our deficit spending spree will end.

Our situation is not the result of Bush or Obama, or Clinton or any president but rather the result of economic boom and bust.

So what is the answer?
Wind? "Not next to my house" No one wants them, they kill the birdies they are noisy and ugly. Off shore wind sounds promising but where are they?
Bio Fuel (corn) tried that, just drove up the price of corn. Fact- If every acre of this country was covered with corn, we still could not meet our gasoline(cars) needs.
Hydro? I heard of plans using ocean tides to produce power years ago. Where are they?
Solar? My kid wrote a school paper on this and it says that a 100x100 sq. mile solar panel in the south west desert would meet this country's power needs. Sounds easy, right?
Nuke power? I think we all understand the problems with that.
I would think with all the options listed plus more, we should be able greatly ease our dependence on oil. What's the problem? sound's easy to me.
Just remember, Almost every thing you own has took a ride on a truck.I just don't see a 40 ton battery powered semi in our future.
efo141
 
Stove/Furnace Make: New Yorker/Keystoker
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Re: gasoline heads to $3.00/gallon Damn BUSH!

PostBy: samhill On: Tue Jan 12, 2010 4:48 pm

The biggest problem with most of the alternative power is that they have to make it cheap enough that the average man can buy it but still have a way for the big money people to make even more money. Kind of hard to cut off someones sun, wind or water currents, as soon as they find a way we`ll get it in more ways than one.
samhill
 
Hot Air Coal Stoker Furnace: keystoker 160
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Re: gasoline heads to $3.00/gallon Damn BUSH!

PostBy: KLook On: Tue Jan 12, 2010 6:34 pm

What I noticed was the comment that Bush "allowed" the price to go to $4.00 and the hope that Obama would not "allow" it. To think this way makes you a Socialist or a Communist. The Pres. has no authority what-so-ever to regulate the price of a commodity held by private companies. Or should not have the authority. I know that milk for example is strictly regulated and it is a joke, ask a dairy farmer near you. This kind of thinking is a kneejerk reaction that started back in the Standard Oil days. It is a short step to confiscating wealth because one should not be to wealthy. Sort of like taking everyones gold. The reasons go on and on. Stop expecting the gov. to level the playing field whenever you don't think something is fair. The constitution does not say anything about fairness. Just the pursuit of happiness whatever that is to the individual.
And as the richest nation in the world(or close to it)we have been paying the lowest prices/gal. in the world except for a few countries that produce their own and sell it to the people for a pitance. Move to England and buy some petrol! Blimey!

Kevin
KLook
 
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Re: gasoline heads to $3.00/gallon Damn BUSH!

PostBy: crazy4coal On: Tue Jan 12, 2010 6:57 pm

It's not supply or demand, there's only one thing that is driving the price of oil and that's GREED!
crazy4coal
 
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Re: gasoline heads to $3.00/gallon Damn BUSH!

PostBy: jpete On: Tue Jan 12, 2010 7:57 pm

The only responsibility the government has toward the price of oil is in monetary policy. If they want the interest rate low, the Fed happily obliges, and prints tons of money. All that money has to go somewhere.

Sometimes it goes into stock market as it it did in the "Roaring 20's", (what did you think made them roar?), or sometimes it goes to tech stocks, or real estate or commodities like oil and gold. Where ever the money managers think they can make a ton of money.

Blaming a banker for making money is like blaming a dog for licking itself. They both do it because that's what they DO!
jpete
 
Hand Fed Coal Stove: Harman Mk II
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Re: gasoline heads to $3.00/gallon Damn BUSH!

PostBy: Black_And_Blue On: Tue Jan 12, 2010 7:59 pm

For a fiat currency such as a USD, oil is the standard unit of measure.

Given the doubling of the money supply, I'm surprised it's not $6 or $8 a gallon.
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Black_And_Blue
 
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Re: gasoline heads to $3.00/gallon Damn BUSH!

PostBy: jpete On: Tue Jan 12, 2010 8:10 pm

efo141 wrote:So what is the answer?
Wind? "Not next to my house" No one wants them, they kill the birdies they are noisy and ugly. Off shore wind sounds promising but where are they?
Bio Fuel (corn) tried that, just drove up the price of corn. Fact- If every acre of this country was covered with corn, we still could not meet our gasoline(cars) needs.
Hydro? I heard of plans using ocean tides to produce power years ago. Where are they?
Solar? My kid wrote a school paper on this and it says that a 100x100 sq. mile solar panel in the south west desert would meet this country's power needs. Sounds easy, right?
Nuke power? I think we all understand the problems with that.
I would think with all the options listed plus more, we should be able greatly ease our dependence on oil. What's the problem? sound's easy to me.
Just remember, Almost every thing you own has took a ride on a truck.I just don't see a 40 ton battery powered semi in our future.


I saw an episode of "This Old House" about a competition of engineering schools to create "zero emissions" homes.

There was one I really like. Solar panels on a rainwater collecting roof. The water went into a tank where electricity from the solar panels used electrolysis to make hydrogen and oxygen. The hydrogen was collected for use in a fuel cell to power the house and/or recharge your electric vehicle. Alternately, you could use the hydrogen for your fuel cell powered vehicle.

The output from the fuel cell is water so that was collected to go back into the tank where the whole process started.

About as close to "perpetual motion" as man is ever likely to come across. :D
jpete
 
Hand Fed Coal Stove: Harman Mk II
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Re: gasoline heads to $3.00/gallon Damn BUSH!

PostBy: samhill On: Tue Jan 12, 2010 8:21 pm

I was the one that stated that Bush had allowed the price of gas to go over $4.00/gal but in saying allowed I was referring to the fact that he did nothing to question why the price was going so high without Opec limiting production or raising their price, it was all speculators & tradeing on paper that caused it. Don`t get me wrong I`m all for getting paid a fair price for your work or your product. But taking unfair advantage for profit isn`t my idea of an honest days work.
samhill
 
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Re: gasoline heads to $3.00/gallon Damn BUSH!

PostBy: Duengeon master On: Tue Jan 12, 2010 9:03 pm

Black_And_Blue wrote:For a fiat currency such as a USD, oil is the standard unit of measure.

Given the doubling of the money supply, I'm surprised it's not $6 or $8 a gallon.
When was the last time you went to the grocery store? how about a resturant? That big mac fries and coke is now pushing $7.00. There is a word for that, it's called INFLATION. Last year the arabs threatened to stop using the U.S dollar for oil trading. If they do that, the *censored* will hit the fan like you have never seen before! Obama is not a tree hugger, he is a marxist. He wants nothing more than for the *censored* to hit the fan. Then he and his buddies including all the czars will move in and take control.
Duengeon master
 
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Re: gasoline heads to $3.00/gallon Damn BUSH!

PostBy: efo141 On: Tue Jan 12, 2010 9:40 pm

Even OPEC thinks the speculators need to be knocked down a peg. isn't that the pot calling the kettle black. (Just looking out for there own ass,of coarse)

OPEC leaders have repeatedly called for limits on speculation in oil-futures markets, in which investors bet on which way oil prices will go. Oil officials blame speculators for volatile prices, and some financial analysts agree. "It is market psychology which is propping up prices," Morse says. If investors believe that the recession is near an end and that demand will soar, they could pour money into oil futures and drive up world prices. The Commodity Futures Trading Commission in Washington is weighing new rules that would limit how much money a hedge fund or investor can trade in oil (or any other commodity). In an article in the Wall Street Journal in July, British Prime Minister Gordon Brown and French President Nicolas Sarkozy appealed for new limits on oil speculators in order to curb "dangerously volatile" prices. That idea is expected to be debated during the G-20 meeting in Pittsburgh, Pa., later this month.

Read more: http://www.time.com/time/business/artic ... z0cS46MNIv
efo141
 
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Re: gasoline heads to $3.00/gallon Damn BUSH!

PostBy: coaledsweat On: Tue Jan 12, 2010 11:43 pm

Half the people on the planet now (read China and India) want to live like Americans have for the last 60 years. You know, Buicks and Suburbans and F250s. Unless you can come up with a great idea on how to send them both back to the stone age, plan on paying more for energy.
coaledsweat
 
Stoker Coal Boiler: Axeman Anderson 260M
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Re: gasoline heads to $3.00/gallon Damn BUSH!

PostBy: sootman On: Wed Jan 13, 2010 12:01 am

What stopped the speculators last time was when Palin stood up at the GOP convention and yelled DRILL BABY DRILL.

Glenn
sootman
 
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