Re: Secret Is Out

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CarGuru > Driving > Re: Secret Is Out 3 May 2005 19:59:11

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Re: Secret Is Out
Cory Dunkle 27 April 2005 05:59:19
	<rally2xs@att.net> wrote in message news:1114546832.759353.180500@g14g2000cwa.googlegroups.com...> The reason for the high gas prices is... REFINING CAPACITY. Gee whiz, I've known that for as long as I've been driving. Well, after the prices went back above $1/gal anyhow. The tree-huggers will not let anyone build new refineries in the U.S. so we have no way to increase our capacity and must depend on other countries to refine. Well, tree huggers want expensive gas, but then they complain when the price of food, milk, or other goods goes up. Well duh! Higher energy prices means higher prices for anything that makes use of that energy along the way to your home. We have an excellent alternative to some of the greatest polluters, traditional coil and oil power plants (much worse than cars). Nuclear power. Of course the tree huggers won't allow that either. News flash, we can't go from where we are now to zero pollution, ever. We can reduce pollution and our dependence on fossil fuels, but it's a gradual process. The next logical step to reduce fossil fuel demand and consumption is to build more nuclear power plants. There are two issues at hand here.. Fossil fuel consumption and pollution. You can't have your cake and eat it too. Tree huggers complaining about how much gas cars use but then they complain about pollution and pass legislation on automobile emissions that necessitate emissions control measures that reduce mileage. Anyhow, I'm done with my mini-rant about tree-huggers, I don't feel like going on all night about this. Cory
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Magnulus 27 April 2005 08:12:40 [ permanent link ]
	Refining capacity is only half the story. Most of the increase in the cost is due to the increase in the price of oil. Alot of the increase in the price of oil is due to the worthless dollar- in short, few investors have faith in our economy anymore because we have so many debts, and we buy oil with dollars- so if the dollar is worth less you get less oil per dollar. There are a few areas that might benefit from more refineries (western states, a few southeastern states), but its not going to magically make the price of gas fall.
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L Sternn 27 April 2005 08:23:09 [ permanent link ]
	On 26 Apr 2005 13:20:32 -0700, rally2xs@att.net wrote: The reason for the high gas prices is... REFINING CAPACITY.> This comes from Pres. Bush's meeting with the Saudi crown prince. Its>been all over the radio today, along with the root causes: Yeah, it was all over the news yesterday as well. I guess talk radio has to lag a bit since they're not real news.
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Roy Shroyer 27 April 2005 17:07:41 [ permanent link ]
	<rally2xs@att.net> wrote in message news:1114546832.759353.180500@g14g2000cwa.googlegroups.com...> The reason for the high gas prices is... REFINING CAPACITY.> This comes from Pres. Bush's meeting with the Saudi crown prince. Its> been all over the radio today, along with the root causes:> Government environmental overregulation.> Impossible permitting regulations.> ...and all driven by our "friends", the enviro-wackos, who think its> just peachy to saddle foreign countries with the burden of refining> _our_ gas (and exposing _their_ populations to _even worse_ pollution> because the foreign countries will have virtually no environmental> impediments... is this a form of racism, maybe?) while exposing _us_> to the possibility of economic ruin due to high gas prices.> Califoria doesn't build electric generating plants for a decade, they> get incredibly high prices for electricity, and they learn from it.> They are building electrical generating plants.> We as a nation aren't building enough refining capacity. Not any,> really. Are we going to learn from it? Or are we going to have> another economic depression, all driven by environmental extremists> more concerned with insects than people?> Dave Head> Once again Dave here spouting the tripe broadcast on FAUXNews. Dave, wake up man. Crude oil supplies, particularly light sweet crude, are failing to meet demand. Hence, higher prices projected to go ever higher. Saudis upping production you say? Well, investigate. It turns out that they're increasing production of heavy sour crude. Not the good stuff. Their main oilfield, Ghawar is in decline. Water cuts of up to 40%. Not good. Is it in the Saudi's best interest to admit this publically? I think not. Refining capacity is part of the problem granted. The mainstream media in this country does everything it can to focus blame on strawmen so Amercian citizens won't realize that oil is a non-renewable resource that is running out. If they did, our entire economic system would require some serious re-adjustment. Read a book. Turn off the tube. Turn off the hatemongers on AM talk radio.Think for yourself instead of allowing yourself to be programmed by entities that stand to gain from the current pattern of unsustainable resource use and conspicuous consumption. If you believe infinite growth on a finite planet with finite resources, then you must be either completely insane or you must be an economist. Google Peak Oil. Prepare now. Those who deny the scientific facts of oil depletion are the ones who will fall the hardest. If we expect to come through the chronic energy shortages looming on the horizon, then we as Americans are going to have to take a serious look at our way of life. Perhaps do the unthinkable: conserve energy and eliminate waste! Now go ahead and call me an "America hating liberal" because that's what you're programmed to do. Foxnews definition of liberal: anyone who opposes the current administration and their fixation with unsustainable consumption, deficit spending, foreign aggression (Iran is next in line) and allowing an open border with Mexico. Rich gettin' richer, middle and lower class feeling the pinch. Educate yourself with many sources. Question the government. Speak your mind while you still can. Quotes from a couple of great Americans: "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 announce that there must be no criticism of the president, or that we are to stand by the president, right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public." Teddy Roosevelt.
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Matthew Russotto 27 April 2005 19:48:17 [ permanent link ]
	In article <HgEbe.5354$lf2.4239@bignews6.bellsouth.net>, Magnulus <magnulus@bellsouth.net> wrote:> Refining capacity is only half the story. Most of the increase in the>cost is due to the increase in the price of oil. Alot of the increase in>the price of oil is due to the worthless dollar- in short, few investors>have faith in our economy anymore because we have so many debts, and we buy>oil with dollars- so if the dollar is worth less you get less oil per>dollar. I see you know as much about finance as you do about automobiles. -- There's no such thing as a free lunch, but certain accounting practices can result in a fully-depreciated one.
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Magnulus 27 April 2005 23:43:52 [ permanent link ]
	"Matthew Russotto" <russotto@grace.speakeasy.net> wrote in message news:i9adnVn5v-ncKfLfRVn-tw@speakeasy.net...> I see you know as much about finance as you do about automobiles. Please explain how the declining dollar is not contributing to high oil prices? Refining capacity is only a big problem in a few areas (such as the west coast)- it's not a problem nation wide, and it won't be a magic cure when most of the increase in gasoline and fuel prices are due to increases in the price of oil.
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Matthew Russotto 28 April 2005 00:10:06 [ permanent link ]
	In article <FVRbe.7155$lf2.2589@bignews6.bellsouth.net>, Magnulus <magnulus@bellsouth.net> wrote:> "Matthew Russotto" <russotto@grace.speakeasy.net> wrote in message>news:i9adnVn5v-ncKfLfRVn-tw@speakeasy.net...>> I see you know as much about finance as you do about automobiles.> Please explain how the declining dollar is not contributing to high oil>prices? For the same reason the declining dollar doesn't contribute to high milk prices. -- There's no such thing as a free lunch, but certain accounting practices can result in a fully-depreciated one.
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223rem 28 April 2005 00:14:10 [ permanent link ]
	Matthew Russotto wrote:> In article <FVRbe.7155$lf2.2589@bignews6.bellsouth.net>,> Magnulus <magnulus@bellsouth.net> wrote:> "Matthew Russotto" <russotto@grace.speakeasy.net> wrote in message>>news:i9adnVn5v-ncKfLfRVn-tw@speakeasy.net...>> I see you know as much about finance as you do about automobiles.>> Please explain how the declining dollar is not contributing to high oil>>prices?> For the same reason the declining dollar doesn't contribute to high> milk prices. No. Oil is imported, milk is not.
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Matthew Russotto 28 April 2005 00:43:16 [ permanent link ]
	In article <moSbe.1232$6z3.974@newssvr33.news.prodigy.com>, 223rem <223rem@sbcglobal.com> wrote:>Matthew Russotto wrote:>> In article <FVRbe.7155$lf2.2589@bignews6.bellsouth.net>,>> Magnulus <magnulus@bellsouth.net> wrote:>> "Matthew Russotto" <russotto@grace.speakeasy.net> wrote in message>>>news:i9adnVn5v-ncKfLfRVn-tw@speakeasy.net...>>> I see you know as much about finance as you do about automobiles.>>> Please explain how the declining dollar is not contributing to high oil>>>prices?>> For the same reason the declining dollar doesn't contribute to high>> milk prices.> No. Oil is imported, milk is not. You're close. Very close. Suppose milk was imported from Panama. -- There's no such thing as a free lunch, but certain accounting practices can result in a fully-depreciated one.
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223rem 28 April 2005 00:50:28 [ permanent link ]
	Matthew Russotto wrote: You're close. Very close. Suppose milk was imported from Panama. I guess you're saying that the US $ is the international currency so it doesnt matter if it declines with respect to the Euro, Yuan, or Yen. Well, I'm not so sure that the oil producing countries are very happy to see that their product becomes suddenly very cheap for the Chinese, Japanese, or Europeans.
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Matthew Russotto 28 April 2005 01:03:31 [ permanent link ]
	In article <oWSbe.1237$6z3.995@newssvr33.news.prodigy.com>, 223rem <223rem@sbcglobal.com> wrote:>Matthew Russotto wrote:> You're close. Very close. Suppose milk was imported from Panama.> I guess you're saying that the US $ is the international currency so>it doesnt matter if it declines with respect to the Euro, Yuan, or Yen. That's right; the major oil producers take payment in dollars. Saddam had changed over to the Euro and you see what that got him... Well, I'm not so sure that the oil producing countries are very happy>to see that their product becomes suddenly very cheap for the Chinese,>Japanese, or Europeans. Yes, this indirect effect does come into play, but that affects domestic products as well. -- There's no such thing as a free lunch, but certain accounting practices can result in a fully-depreciated one.
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Magnulus 28 April 2005 06:51:25 [ permanent link ]
	The oil for ANWAR is going straight to Asian growing economies and will be a drop in the bucket for the US. Don't believe the song and dance about drilling ANWAR to lower gas prices, ANWAR is all about making sure that oil companies keep getting richer. The whole focus on domestic oil developement is ridiculous. Oil is traded on a global market. It's not like you can say "I don't want this countries oil, but I do want this country's oil". The only way you use less oil, is to use less oil (better fuel efficiency, and all those other "librul" things that nobody in government wants to talk about).
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Dave Head 28 April 2005 08:18:49 [ permanent link ]
	On Wed, 27 Apr 2005 22:51:25 -0400, "Magnulus" <magnulus@bellsouth.net> wrote: The oil for ANWAR is going straight to Asian growing economies and will>be a drop in the bucket for the US. I don't think so, but even if it did, it would help _our_ balance of trade, so it'd still be a good thing. Don't believe the song and dance about>drilling ANWAR to lower gas prices, ANWAR is all about making sure that oil>companies keep getting richer. Oh, here we go again. We have to punish the oil companies, impede their progress however possible, and... to what end? What advantage do we get by hating the oil companies, and working to their detriment? They're trying to bring us the oil / gasoline we need!!!! We should do everything we can to help 'em do it, because we _need_ the gasoline. How can something so simple have any dispute? The whole focus on domestic oil developement is ridiculous. Say what???? Oil is traded>on a global market. It's not like you can say "I don't want this countries>oil, but I do want this country's oil". The only way you use less oil, is>to use less oil (better fuel efficiency, and all those other "librul" things>that nobody in government wants to talk about). But if we're developing _our own_ oil, then we won't _have_ to trade for as much as we produce on the global market. IOW, we can back out of the global market to some extent. That would be a _good_ thing! If we could just find more on our own soil, we could make the situation that much better. Find a way to develop our shale oil cheaply - we can back further out of the global market. Figure out a way to get cars running at 80 miles per gallon. Maybe we could get out of importing oil entirely. Figure out how to run cars on nuclear energy. Maybe we could get out of importing oil entirely. That would be a _good_ thing! Dave Head
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Dave Head 1 May 2005 21:57:29 [ permanent link ]
	On 1 May 2005 08:39:52 -0700, "Laura Bush murdered her boy friend" <xeton2001@yahoo.com> wrote: rally2xs@att.net wrote:>> The reason for the high gas prices is... REFINING CAPACITY.>> No - it's your gas guzzling 6000 pound SUV. Pay attention - it weighs 3500 lbs - I've said this before...
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John David Galt 3 May 2005 07:13:21 [ permanent link ]
	Dave Head wrote:> There's just so much oil in existence in the ground, whether we know where it> is or not. There's less today than there was yesterday, and there will be less> tomorrow than there is today. Now, we may discover new deposits, and there> will be more oil available to us, but that oil was there before we found out> about it and doesn't increase the amount of oil in existence simply because we> didn't know of it.> So, we're "running out of oil", and have been for over 100 years. Just a> technicality, is all. Of course, eventually we won't be able to find> everything we need with respect to oil, so we should be looking for something> else to supply our needs. We don't, in fact, know whether oil is still being created or not, nor how long it may take. And there are plenty of good alternatives already developed that we can start using as soon as oil becomes more expensive than they. Ethanol is the best known, but there are many. (Forget hydrogen; it's not a source of energy at all, merely a way that energy can be stored after we've used some other source of energy to produce it by "cracking" water.)
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Arif Khokar 3 May 2005 07:25:23 [ permanent link ]
	Matthew Russotto wrote: That's right; the major oil producers take payment in dollars. Saddam> had changed over to the Euro and you see what that got him... Really? Then why were we finding stashes of US currency in Iraq instead of stashes of Euros?
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Matthew Russotto 3 May 2005 19:59:11 [ permanent link ]
	In article <DaCde.325$8g.212@news01.roc.ny>, Arif Khokar <akhokar1234@wvu.edu> wrote:>Matthew Russotto wrote:> That's right; the major oil producers take payment in dollars. Saddam>> had changed over to the Euro and you see what that got him...> Really? Then why were we finding stashes of US currency in Iraq instead >of stashes of Euros? Damned if I know. Perhaps Saddam hoarded the dollars and spent the Euros. -- There's no such thing as a free lunch, but certain accounting practices can result in a fully-depreciated one.
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CarGuru > Driving > Re: Secret Is Out 3 May 2005 19:59:11

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