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Gas Prices!!!

Quicklynx said:
and when McCain wins the election.... it will sky rocket!

....
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How? Is he going to magically increase demand or reduce supply? I'm not playing politics here, but simple economics has kicked in regarding the lowering of gas prices. Demand is down because peopel down have the money for pleasure driving.

The belief that Republicans can control the oil supply is myth, my friends. :th_laugh-lol2:
 


Quicklynx said:
along with quicker research for technology to rid us of foriegn oil dependency.... bring on American Fuel!!!!
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Which the oil companies will still have control of. There are only a few giants out there and regardless of where they drill it the higher taxes they pay will be passed on to us. Just like the higher minimum wage was passed on to us, too.
 
Sabrewings said:
Which the oil companies will still have control of. There are only a few giants out there and regardless of where they drill it the higher taxes they pay will be passed on to us. Just like the higher minimum wage was passed on to us, too.
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You are correct on the fact that they do control most American Natural Gas facilities because they basically threaten anybody who tries to start a new company. Exxon-Mobil are notorious for wacking people in the 20's with their oil monopoly at that time, and when Clinton allowed them, aka Global, to re-merge in 2000 some of the same stuff started going on in other countries of top officials, and many workers "disappearing. However, despite it coming out of our pocket, the middle class, to pay the taxes, American production of our own fuel will result in the dollar strenghtening which will make it easier in other areas of our lives. Cost of living, clothes, children, etc. will all be relieved, and I believe that would outweigh any tax put on for American fuel.
 
Seeing how he plans to raise taxes on most businesses, we'll see more foreign outsourcing of jobs and higher prices for everything to offset it. Companies aren't going to sit idly by while the government tries to take more of their money.

But, I guess we should move this discussion over to one of the politics threads. :th_laugh-lol2:
 
wel I think it pertains to this thread. Our economy is a mess and oil will never get cheaper, it will go up, down a little, and up more, then down a little... it's been the same story since WWII.

Start drilling in the US now, as well as start getting our natural gas sourcs together. It could only benefit us is we aren't sending trillions of dollars out of the US...
 
Why do we have to drill offshore when oil companies have had millions of acres of leases in the Midwest? Can they drill there first? Or do they have to drill off shore, because as a political slogan "Drill where we gave you permission years ago!" doesn't have the same ring to it?
 


I saw on the news a few days ago that they are starting to grow alge that is 75% oil and they are going to try and produce fuel from it. I belive we should drill where ever we have oil in the US as long as we can maintain an ecosystem for the animals that are there.
 
First, Deezul, that has been a point of contention in the drill off shore debate. The primary reason they are not drilling in the Midwest is due to environmental concerns. I believe its what they call shale oil out there and its a different process to extract it and they have faced some opposition in doing so.

01GTP, you didnt get the whole story, though its even better. I dont know if they covered where that algae is coming from or not. But, its coming from the electric utilities that are attempting to recycle their CO2. They capture it, run it through containers that contain seed starts of algae and the algae use the CO2 to reporduce. In other words, they consume it.

Then that algae can be converted to oil and refined. I was reading or listening to something that said for the typical power plant they would need a few thousand acres of land per facility but they could effectively cut their CO2 emissions to zero with this process and then we get the bonus of a somewhat renewable energy source (if you can think of oil in those terms).

Now, they also have a machine that uses a safe industrial chemical (I cannot recall the name of it, soda water or something like that) and they build a machine around that chemical, suck in the surrounding air and run it through being exposed to this chemical and it drops the CO2 content by some 80%. What they have been looking at in order to make use of that system is a place to store the CO2 they capture.

Well that comes full circle back to the oil drillers. They have tested and proven effective, they can pump the CO2 back into the ground, into the drill sites where they extracted the oil from.

So there are many solutions out there (the tree huggers though would rather you be paranoid and I make it no secret that I do not approve of their tactics) we just have to showing what works, use it and move forward. I think in the next few years we will see that we have the tools, technologies and plans to effectively reduce on a large scale our co2 emissions then it will just be a matter of the renewable energy sources. And I personally think we are going to see in the same time period a major shift in our economy in which the renewable energy industry is going to become a major employer and career choice.
 
Yeah our news station sucks and only did a 20sec bit on the algae, they probally didn't even know all that lol hopefully they get it in O/D
 


My problem with drill offshore - it means no research into environmentally friendly ways to extract the midwest oil reserves. As long as there is no incentive - i.e., drilling in water as has been done for years, there is no incentive for them to research better methods. BP and ExxonMobil can talk a good game when it comes to "alternative energy" research, but why not "current energy" research?

What I'd REALLY like to see is a revocation of a Carter Administration rule to not used processed fuel rods. It's really disappointing that the one engineer who was president, and a nuclear engineer at that, passed that rule. France, among other countries, has been using processed fuel for years. My favorite statistic? Number of people who have died in a nuclear power related accident in the US? ZERO. Number of people who die in coal/oil power related accidents? I can't give you an exact figure, but it's much higher than ZERO.
 
Deezul_AwT said:
My problem with drill offshore - it means no research into environmentally friendly ways to extract the midwest oil reserves. As long as there is no incentive - i.e., drilling in water as has been done for years, there is no incentive for them to research better methods. BP and ExxonMobil can talk a good game when it comes to "alternative energy" research, but why not "current energy" research?
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There is a great deal of so called 'current energy' research going on, its just not usually done by the oil companies so much. They do some, but not in any way proportionate to the money they make. Most such research is done by private institutions, colleges, universities and so on. It was, in fact, from these sectors that the methods were developed to extract more oil from existing sites that were thought to be used up. A lot of the oil in any particular site clings to the rock and they have now developed methods to extract much of that oil even.

So the research is there, just not always by the oil companies, which is of course a little disappointing.
 
Gas now under $2. MSNBC has an article. A station near me - $2.49 Saturday, $2.39 Sunday. On the way home from work today, $2.29. HOPEFULLY people will keep their driving in check even with the low prices, and they will stay low.

Bet a lot of those folks who bought a Chrysler or Dodge for $2.99 gas aren't too happy now. :D
 


$1.98 in Independence, MO this weekend.....about friggin' time.

Still gonna carpool to give OPEC the big ol' middle finger though. Turn my savings back into toys for me, and do my part to put the economy back on track.
 
Deezul_AwT said:
Gas now under $2. MSNBC has an article. A station near me - $2.49 Saturday, $2.39 Sunday. On the way home from work today, $2.29. HOPEFULLY people will keep their driving in check even with the low prices, and they will stay low.

Bet a lot of those folks who bought a Chrysler or Dodge for $2.99 gas aren't too happy now. :D
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They obviously knew they would benefit from that deal. Like we've all talked about, gas prices drop during the winter months. The deal basicall gets cut 8-10 months now, haha.
 
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