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Sticker Shock-$3 a gallon gas? Some links
various FR links
| 03-17-04
| The Heavy Equipment Guy
Posted on 03/17/2004 2:08:40 PM PST by backhoe
This seems like this could be our ace in the hole...
4 DOLLARS A GALLON FOR GAS BY ELECTION DAY - BREAKING ON DRUDGE RADIO
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I've been saying for years the way to revive and restore the economy ( and it would have headed off these oil price problems as well ) was to-
1- drill for gas & oil like crazy- onshore, offshore, and in Alaska
2- go nuclear for power
3- convert stationary plants to clean coal technology
4- slash taxes and regulations like crazy
Wow- just in time for $3 a gallon gasoline...
Don't forget the knee-jerk reaction of all left wing liberals when it comes to energy--
First, they just lie. They always lie. They start every single argument with lies. They paint ANWR as some pristine wildlife refuge where all of our cute furry animals are sitting in green fields frolicking with each other.
Second, their history of bad predictions that never panned out are never brought up. All of this garbage was brought up decades ago with drilling in Purdhome Bay and the pipeline.
Third, the left demands energy independence but can't get their brains out of the toilet long enough to realize what it will take to do so. They won't allow nuclear, coal digging, oil drilling, offshore rigs, etc. But they instead throw out more decade old arguments about solar power and wind power (unless those windmills are off the coast of Martha's Vineyard and ruin a liberals view).
-more-
When I started driving in 1977 the price of regular was $ 0.58 per gallon.
God forbid we drill Alaska...
Most of the price of a gallon of gas is from taxes. But don't hold your breath waiting for any pol to suggest a cut. I heard three retail clerks talking the other day about how we should tap the Strategic Petroleum Reserve. Like that would fix everything. Sheesh. People are so unbelievably clueless.
The $1.60 or so a gallon we are paying is about 80 cents gas and 80 cents tax. Europeans $4.00 a gallon is 80 cents gas and $3.20 tax.
Most of the price of a gallon of gas is from taxes. But don't hold your breath waiting for any pol to suggest a cut. I heard three retail clerks talking the other day about how we should tap the Strategic Petroleum Reserve. Like that would fix everything. Sheesh. People are so unbelievably clueless.
More idiocy, from idiots:
Other ideas?
TOPICS: Extended News; News/Current Events
KEYWORDS: backhoe; biodiesel; energyprices; ethanol; gasprices
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My Vest Pocket solution?
1- drill for gas & oil like crazy- onshore, offshore, and in Alaska 2- go nuclear for power 3- convert stationary plants to clean coal technology 4- slash taxes and regulations like crazy
1
posted on
03/17/2004 2:08:41 PM PST
by
backhoe
To: backhoe
Why don't you stop panicking and solve problems that exist.
2
posted on
03/17/2004 2:10:20 PM PST
by
TopQuark
To: backhoe
Oil prices aren't rising. The dollar is falling. Relative to the price of a basket of other commodities such as copper, gold, steel, etc, oil prices are pretty much constant.
To: backhoe
Good solutions all.
I was looking through the FR archives and every March we're bombarded with "I'm shocked at high gas prices" threads when the summer reformulating starts.
I guess we always will be as long as drilling and nukes etc. are banned.
4
posted on
03/17/2004 2:16:46 PM PST
by
mrsmith
("Oyez, oyez! All rise for the Honorable Chief Justice... Hillary Rodham Clinton ")
To: backhoe
Form OFEC; The Organization of Food Exporting Countries..
To: AdamSelene235
We must not let the facts bother us.
To: backhoe
Quick! Buy Land!
The first time gas went up around 1979, the bankers printed huge ammounts of money to compensate. This gave us 21% inflation during the Carter years. Those with debts benifited from this as wages went up also!
7
posted on
03/17/2004 2:22:42 PM PST
by
Ruy Dias de Bivar
(DEMS STILL LIE like yellow dogs.)
To: Ruy Dias de Bivar
The first time gas went up around 1979, the bankers printed huge ammounts of money to compensate. Sigh.....Try that again, in reverse.
To: Ruy Dias de Bivar
the bankers printed huge ammounts of money to compensate You mean like this?
To: backhoe
Someone on the radio was predicting $5/gallon by summertime. I wonder if OPEC would do that to undermine Bush's re-election..
10
posted on
03/17/2004 2:29:20 PM PST
by
Steve_Seattle
("Above all, shake your bum at Burton.")
To: TopQuark
Why don't you stop panicking and solve problems that exist. I beg your pardon? How did you arrive at that conclusion from a bunch of links?
11
posted on
03/17/2004 2:47:25 PM PST
by
backhoe
(--30--)
To: AdamSelene235
Relative to the price of a basket of other commodities such as copper, gold, steel, etc, oil prices are pretty much constant. Yes, I believe you will find information to support that idea among the links.
12
posted on
03/17/2004 2:48:40 PM PST
by
backhoe
(--30--)
To: AdamSelene235
"...Oil prices aren't rising. The dollar is falling. Relative to the price of a basket of other commodities such as copper, gold, steel, etc, oil prices are pretty much constant..."
Great! Tonight when I fill up the tank, I'll let the guy at the Mobil station know...
To: Steve_Seattle
I wonder if OPEC would do that to undermine Bush's re-election..That would not surprise me at all.
14
posted on
03/17/2004 2:49:56 PM PST
by
backhoe
(--30--)
To: Made In The USA
Great! Tonight when I fill up the tank, I'll let the guy at the Mobil station know... This is the price you pay for allowing the government to dominate and control your economic life. In theory, a faith based currency such as our Federal Reserve notes offers Congress the ability to confiscate any amount of dollar denominated wealth held by its subjects. There is no difference, in principal, only in degree, between this and chattel slavery.
To: mrsmith
Thanks for looking... in a perfect world, we'd build next-generation nuclear plants for most stationary power needs, drill onshore and offshore for gas & oil, and maybe even use clean coal technology for some types of plants.
We have an uphill struggle, however. Dern the Greens! Full Steam Astern...
16
posted on
03/17/2004 2:53:08 PM PST
by
backhoe
(--30--)
To: backhoe; joanie-f; snopercod; TPartyType; GeronL
You know those wire twist ties that are used to help seal the plastic wrap bag for a fresh loaf of bread in the food store?
I've begun to notice that some are twisted to the right while others are twisted to the left, and over the last year or so, there are more and more twisted to the left.
Is that a moral issue?
Is that an election issue?
And, did the wire tie do it?
Thank you.
17
posted on
03/17/2004 2:54:22 PM PST
by
First_Salute
(May God save our democratic-republican government, from a government by judiciary.)
To: backhoe
Me either
To: backhoe
19
posted on
03/17/2004 2:58:00 PM PST
by
RightWhale
(Theorems link concepts; proofs establish links)
To: First_Salute
Can't answer your question, but thanks for the pings.
Some years ago some commentator noticed that right-wing pundits have stripes on their ties that slant in one direction, but left-wingers go largely in the opposite direction.
Not sure what that signifies, either.
20
posted on
03/17/2004 2:59:52 PM PST
by
backhoe
(--30--)
To: RightWhale
Say, I appreciate that link- thank you.
21
posted on
03/17/2004 3:00:31 PM PST
by
backhoe
(--30--)
To: AdamSelene235
What I don't get is, even though the cost of oil isn't rising, the fuel price in Idaho is through the roof (I have to buy premium and the locals are charging over 2 dollars a gallon). I've seen other areas that are not nearly as affected as we are in Idaho. Also, our crude is North American and the gasoline is piped up from Salt Lake to Boise. We rely on no overseas crude.
I went to Manchester, NH and relative prices were cheaper by almost 25 cents/gallon just last weekend. It's more populated and definitely has a demand higher than Idaho. What the heck gives?
22
posted on
03/17/2004 3:01:11 PM PST
by
IYAS9YAS
(Go Fast, Turn Left!)
To: backhoe; joanie-f; snopercod; brityank
BTW, I too wish that we would get more agressive about digging and drilling for energy in our own hemisphere, while also building nuclear power packs for rural America.
There's a certain size of nuclear plant that works very well, and its the model used in our nuclear-powered ships, especially in the submarines.
We should use that model; I call it the Nuclear Power Pack.
Where more power is needed, then use two Nuclear Power Packs.
Instead of building those huge, outrageously-costly - to - maintain - leviathans that members of the board of a utility thought would make them rich.
Build the size that is easiest and least costly to maintain, because its parts match our best manufacturing capabilities, versus that mess of development costs that beset the giant nuclear plants, by the technical requirements' having forced us to develope all kinds of new tooling to make big parts.
Big parts that had flaws, quite often the result of "tool tip chatter" that lead to weaknesses, that led to constant, expensive repairs.
23
posted on
03/17/2004 3:02:20 PM PST
by
First_Salute
(May God save our democratic-republican government, from a government by judiciary.)
To: backhoe
A major problem is that we no longer have a single totally US oil company.
Thanks for the links, as usual. You do a good job.
24
posted on
03/17/2004 3:02:24 PM PST
by
Eva
To: backhoe
:-)
25
posted on
03/17/2004 3:03:15 PM PST
by
First_Salute
(May God save our democratic-republican government, from a government by judiciary.)
To: AdamSelene235
Agree, and the confiscation your speak of is relentless. So many have become numb to the consequences of it, that we blindly accept it as acceptable.
To: IYAS9YAS
No significant gasoline pipelines that cross the Rockies, here in the Western part of the country, we're our own little micro-market for gasoline. Events that disrupt us over here have no effect on the rest of the country.
We've got the same thing going on in WA. I just hope this isn't an election issue, it's going to be tough for the President to deal with this, given his history with the oil business.
To: IYAS9YAS
What I don't get is, even though the cost of oil isn't rising, What planet are you living on? Oil has gone up 46% in the last year (in dollars, at least).
To: Made In The USA
If a nation expects to be ignorant and free, in a state of civilization, it expects what never was and never will be." --Thomas Jefferson
To: First_Salute
Appreciate the info... it isn't among the above links, but I've read articles here regarding the new generation of reactors which use much smaller fuel loads ( claimed to be safer ), standardized modular designs ( current reactors are one-of-a-kinds for every installation, driving up costs and complexity ) and modern control systems, which greatly enhance safety and efficiency.
30
posted on
03/17/2004 3:21:46 PM PST
by
backhoe
(--30--)
To: Eva; First_Salute
Thanks for looking.
31
posted on
03/17/2004 3:22:36 PM PST
by
backhoe
(--30--)
To: backhoe
It's already nearly $2.00 a gallon in the Phoenix area, $1.93 is the lowest I have seen it here. That is for regular unleaded, it is over $2.00 for premium
32
posted on
03/17/2004 3:25:43 PM PST
by
DaiHuy
(MUST HAVE JUST BEEN BORN THAT WAY...)
To: AdamSelene235
How about posting a chart of M3 Money Stock (a) over thirty years; (b) on a logarithmic scale; (c) that starts at zero.
It would be much less prejudicial, much more accurate.
33
posted on
03/17/2004 3:26:46 PM PST
by
Petronski
(Kerry knew...and did nothing. THAT....is weakness.)
To: Petronski
How about posting a chart of M3 Money Stock (a) over thirty years; Its available at Economagic's site...It won't store the image.
(b) on a logarithmic scale;
Ugh....This speaks volumes.
To summarize....The Feds lost their minds during the 1970's and then they went nuts again in 1995.
To: AdamSelene235
Ugh....This speaks volumes.About your ulterior motives.
35
posted on
03/17/2004 3:35:47 PM PST
by
Petronski
(Kerry knew...and did nothing. THAT....is weakness.)
To: IYAS9YAS
What the heck gives?.
More refiners and denser distribution system in the East, I believe.
36
posted on
03/17/2004 3:36:43 PM PST
by
BfloGuy
(The past is like a different country, they do things different there.)
To: Petronski
About your ulterior motives. Yes, you've discovered my secret desire not to pay $3 a gallon for gas.
Congrats.
Comment #38 Removed by Moderator
To: backhoe
39
posted on
03/17/2004 3:52:05 PM PST
by
jwalsh07
(We're bringing it on John but you can't handle the truth!)
To: backhoe
Suggestion.
Buy more fuel efficient cars, people.
If you want to buy a gas hog, then that's your choice, and you can pay the $3 price at the pump.
Me, I'm glad I don't have a vehicle like that.
If you want a fuel efficient car, check out a Honda hybrid, or even better, the 2004 Toyota Priuses. They are hard to get, but man are they nice. You can get close to 60 miles to the gallon in the city, and 50 on the highway, if I remember correctly. With gas prices this expensive, it's a relief.
40
posted on
03/17/2004 3:53:48 PM PST
by
JTG
To: jwalsh07
Appreciate the graphic.
41
posted on
03/17/2004 3:57:19 PM PST
by
backhoe
(--30--)
To: JTG
Buy more fuel efficient cars, people.Good idea. Smaller motorcycles and scooters can be quite economical to operate, too... I seem to vaguely recall that even some of the old Vespas got over 150 MPG.
42
posted on
03/17/2004 3:59:50 PM PST
by
backhoe
(--30--)
To: backhoe
I know nothing about motorcyles, so I'll take your word on it.
All I know is that if you want fuel efficient cars today, you should look at Honda hybrids and the Prius. :~)
43
posted on
03/17/2004 4:01:53 PM PST
by
JTG
To: backhoe
You're welcome.
44
posted on
03/17/2004 4:03:55 PM PST
by
jwalsh07
(We're bringing it on John but you can't handle the truth!)
To: IYAS9YAS
Might have something to do with that refinery that's offline in Anacortes WA...6 weeks, with 500,000 gallons a day not coming into the market. Employee error, no consequences except to you. (us)
45
posted on
03/17/2004 5:02:27 PM PST
by
tinamina
To: backhoe
At the end of the day when I'm tired and just want to read something interesting I appreciate it a great deal when someone gathers and posts links on an interesting topic.
So thanks:)
46
posted on
03/17/2004 5:16:08 PM PST
by
Sabatier
To: Sabatier
Your kind and thoughtful comments make it worth doing. Thank you.
47
posted on
03/17/2004 5:18:27 PM PST
by
backhoe
(--30--)
To: IYAS9YAS
We rely on no overseas crude.Crude is an international commodity. It goes where the money is, if you don't pay the going rate (International) it ends up going to where someone will. That's why your local crude goes down in price when there is an international glut of oil and up when there is an international short supply.
48
posted on
03/17/2004 5:33:34 PM PST
by
templar
To: backhoe
My Vest Pocket solution?
1- drill for gas & oil like crazy- onshore, offshore, and in Alaska 2- go nuclear for power 3- convert stationary plants to clean coal technology 4- slash taxes and regulations like crazy>>>
I agree, especially with the Nuclear Power issue, it's the most efficient and cost effective.
If Bush wants to win the election, he must lower gas prices, cut spending and slash the budget, and make sure Al Qaeda does not bomb any rail lines, here and abroad, or anything else the months before November. They made sure the socialis was elected in Spain by using that terrorist act to hate the present president. Oh, and catching Osama will help too.
49
posted on
03/17/2004 6:34:13 PM PST
by
Coleus
(Roe v. Wade and Endangered Species Act both passed in 1973, Murder Babies/save trees, birds, algae)
To: backhoe
How did you arrive at that conclusion from a bunch of links? 1. The title is designed to shock and even uses that word explicitly.
2. Everything you said deals with a future contingency, not reality.
If you are one of those people who like dealing with future contingencies, you can engage today into plenty of action without dragging into this activity the "unsuspecting citizens" here on FR: trade oil futures.
In sum you pose a question of speculation as if it were a question of economics. There is no new information in your post but a great deal of emotion-provoking "facts."
50
posted on
03/18/2004 6:47:47 AM PST
by
TopQuark
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