Author Topic: Gas $$ Questions (Read 4327 times)

Nilsen · « **Reply #75 on:** August 31, 2005, 04:02:47 PM »

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Originally posted by Ripsnort
Reserves for any country means "Stored underground in crude form" Our SOS is in a salt dome cavern.

Then why did the american guy interviewed on BBC say that america only has crude oil in its reserves while european countries tend to have a mix of crude and finished product in its reserves? Simplification for the viewers?

No idea what the situation is here but i do know that we have alot of both in storage both in the hands of the goverment (relic of the cold war i suppose) and the big oil companies.

Ripsnort · « **Reply #76 on:** August 31, 2005, 04:17:00 PM »

Quote

Originally posted by Nilsen
Then why did the american guy interviewed on BBC say that america only has crude oil in its reserves while european countries tend to have a mix of crude and finished product in its reserves? Simplification for the viewers?

[/B]

In that case I stand corrected!

Here is a profile of our reserves:
http://www.fe.doe.gov/programs/reserves/spr/index.html

Nilsen · « **Reply #77 on:** August 31, 2005, 04:28:16 PM »

Yup Ripsnort. That was what the guy was talking about. Perhaps the reason why eurpean countries like Norway has larger stocks of finished product is because of the cold war and the need to quickly have diesel and gas ready to supply our military and potential American reinforcements. You really cant rely on refining enough while there is a war raging in your backyard.

When i was in the navy we could stop at almost any fjord with our boats and hook up to large underground/above ground tanks to replenish and so could allies. Just a few kilometers from my house ther is such an underground facility that is full of diesel and aviation fuel. I belive Shell owns it and uses it but has an obligation to top it up so that its always full incase of war or crisis.

stiehl · « **Reply #78 on:** August 31, 2005, 04:45:15 PM »

just witnessed $3.45 for regular.

Maverick · « **Reply #79 on:** August 31, 2005, 04:48:55 PM »

Just a question here. IIRC the strategic reserves were released before during a previous energy crisis. What was the resultant drop in price? I was told, and don't know if it was accurate, that the price dropped a penny.

Ripsnort · « **Reply #80 on:** August 31, 2005, 05:25:19 PM »

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Originally posted by Nilsen
Yup Ripsnort. That was what the guy was talking about. Perhaps the reason why eurpean countries like Norway has larger stocks of finished product is because of the cold war and the need to quickly have diesel and gas ready to supply our military and potential American reinforcements. You really cant rely on refining enough while there is a war raging in your backyard.

When i was in the navy we could stop at almost any fjord with our boats and hook up to large underground/above ground tanks to replenish and so could allies. Just a few kilometers from my house ther is such an underground facility that is full of diesel and aviation fuel. I belive Shell owns it and uses it but has an obligation to top it up so that its always full incase of war or crisis.

Well I was thinking of your IEA, which is similiar to our SOR. The IEA has strategic oils reserves similiar to the US, stored crude oil.

We have gasoline and diesel reserves as well, for military purposes. I believe ours is reserved in a time of war only. And by the time it is exhausted a fresh batch will have been produced by the crude-to-refining process.

Jackal1 · « **Reply #81 on:** August 31, 2005, 05:26:43 PM »

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Originally posted by beet1e
ROFL! No need to get rattled!

Rattled? I realize as much as you would like that, I hate to burst your bubble and tell ya it would take a might more than your ramblings to get me 'rattled".

I find you sometimes comedic, overbearing, pompous and lame, but rattling is not in your cards. Sorry.

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The point, which you have missed, is not what it's like around here. The point is that you don't know where I live, and are therefore unqualified to comment on it

You base this on what beetle? Have you moved to Siberia recently or something?
I base your personal case, as mentioned in my, post by your continuous posts regarding how often you have to get away from your home to find something a little more interesting than watching the grass grow. Must be pretty boring.
I have lived in the general area of where I do now for the majority of my life. I find new and exciting things constantly around me. It`s a pretty neat and enjoyable place to live with never ending entertainment.
Once again, I`ll ask you the question, that you so far, have refused to answer. You relate this to what and how does it pertain in this instance?

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Bear that in mind if you ever decide to visit. (Don't forget to apply for a passport)

I think I can safely say that I won`t ever have to worry about that. I can`t think of a reason why I would wish to visit there. Usualy when I visit different places I don`t go in for the 'boring" aspect. If you have to continuously escape there to find something to interest you, then what would it offer me?

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Have you ever been out of the US, jackal?

Beetle, how many times are you going to ask this question? How many times have you forgotten the answer and the fact you have repeatedly asked it?
Yes, I have been out of the U.S. a few times. It`s been a while. I can only think of a couple of countries that I would give much more than a hoot to visit now. There is really no need to leave my country in most cases. No place and I can think of can offer anything that I would be interested in or would be worth the effort. Your`s is certainly not one of them. We pretty much have it all right here in the vast country I reside in. I don`t have to go looking elsewhere for much. Wouldn`t mind a hunting safari in Africa. Very few of the big 3 around here, but I`ll get by without it unless I`m fortunate enough one day to be able to afford such extravagance.

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I'd love you to write a list of places you've been to, and to hand it to me. If you can't find a sheet of writing paper, the back of a postage stamp will do.

Now tell me again who is making statements they know nothing about and are not qualified to make?

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And hey - when did I "bash yours"?

The question should be more like...when do you enter a thread you do not?

Were you speaking of mother Russia here......................... .....

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People driving 10mpg gas guzzlers who "see no reason" to change, especially as they have convinced themselves that they "need" such vehicles as these because they're a "tradition" in their country. And anyone who doesn't agree is a "treehugger".

If so, my apologies.

Now, once again, how does any of this relate in this instance?

Shuckins · « **Reply #82 on:** August 31, 2005, 05:27:36 PM »

Aw, Rip.

You're so insensitive.

Can't you understand? Some of our Euro-friends are suffering from what Dr. Fraud called "p_n_s envy," which manifests itself in criticism of anyone or any institution or any country that possesses large numbers of materialistic symbols of masculinity.

Just send them one of your crotch-rockets and they'll be satisfied.

Ripsnort · « **Reply #83 on:** August 31, 2005, 05:29:19 PM »

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Originally posted by Maverick
Just a question here. IIRC the strategic reserves were released before during a previous energy crisis. What was the resultant drop in price? I was told, and don't know if it was accurate, that the price dropped a penny.

Found this:
http://www.fe.doe.gov/programs/reserves/spr/spr-drawdown.html#nonemergency

http://www.fe.doe.gov/programs/reserves/spr/spr-drawdown.html#nonemergency

Nilsen · « **Reply #84 on:** August 31, 2005, 05:33:55 PM »

Quote

Originally posted by Ripsnort
Well I was thinking of your IEA, which is similiar to our SOR. The IEA has strategic oils reserves similiar to the US, stored crude oil.

We have gasoline and diesel reserves as well, for military purposes. I believe ours is reserved in a time of war only. And by the time it is exhausted a fresh batch will have been produced by the crude-to-refining process.

Then it is pretty similar to our situation, only with different names for what the reserves are called.

Nilsen · « **Reply #85 on:** August 31, 2005, 05:36:13 PM »

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Originally posted by Shuckins
Aw, Rip.

You're so insensitive.

Can't you understand? Some of our Euro-friends are suffering from what Dr. Fraud called "p_n_s envy," which manifests itself in criticism of anyone or any institution or any country that possesses large numbers of materialistic symbols of masculinity.

Just send them one of your crotch-rockets and they'll be satisfied.

Don't think any of the jealous Euros has regular access to the internet so you wont find many of them here

Maverick · « **Reply #86 on:** August 31, 2005, 05:44:12 PM »

Rip,

Neither one of those links indicated the average drop in price per gallon achieved.

beet1e · « **Reply #87 on:** August 31, 2005, 06:12:50 PM »

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Originally posted by Jackal1
I base your personal case, as mentioned in my, post by your continuous posts regarding how often you have to get away from your home to find something a little more interesting than watching the grass grow. Must be pretty boring.
I have lived in the general area of where I do now for the majority of my life. I find new and exciting things constantly around me. It`s a pretty neat and enjoyable place to live with never ending entertainment.

Hiya Jackal! - LOL - I don't "have to" go anywhere. I go because I can.

OTOH, your existence would seem to mirror the contentment of a garden snail, who does not need to venture beyond the limits of my property line. He has everything he needs right there.

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Once again, I`ll ask you the question, that you so far, have refused to answer. You relate this to what and how does it pertain in this instance?

Well, form a proper sentence out of it, make it into a question, and I'll answer it. This your latest attempt does not know whether it is a statement or a question.

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There is really no need to leave my country in most cases. No place and I can think of can offer anything that I would be interested in or would be worth the effort. Your`s is certainly not one of them. We pretty much have it all right here in the vast country I reside in.

ROFL! The only time that sounds even funnier and more lame is when Dago says it.

Go and fix yourself a nice bowl o grits - you'll feel better!

Back on topic - diesel 96p/litre here today.

Jackal1 · « **Reply #88 on:** August 31, 2005, 06:50:58 PM »

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Originally posted by beet1e
Hiya Jackal! - LOL - I don't "have to" go anywhere. I go because I can. OTOH, your existence would seem to mirror the contentment of a garden snail, who does not need to venture beyond the limits of my property line. He has everything he needs right there.

Sure you don`t beetle. Watching that grass grow is all you need.
I can turn more miles in my home state than you do in your entire country. I can also see about anything in this state that you have seen in your entire travels. That eats ya up don`t it?

That`s just ONE state. I haven`t missed but very, very few of them as we have discussed before.
I DO have everything I need right here. Amazing isn`t it?
A couple of weeks ago I returned from a trip, by vehicle, turning nearly 4000 miles. Never had to leave the country.
Saw a little bit of everything, but didn`t even scratch the surface country wise. You would have to set up a test track and run laps to do that and then you would not see anyything worth the effort.

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Go and fix yourself a nice bowl o grits - you'll feel better!

Just might do that. haven`t had grits in ages. Good idea.
You, on the other hand , might go......hmmmmm....let`s see...........Oh yeah............you could go see if you can find a female sparring partner and blow offf a little bit of that steam or hot air as the case may be.

BTW, I haven`t seen any 10 mpg autos around . :0

Westy · « **Reply #89 on:** August 31, 2005, 08:01:17 PM »

Was wondering. Are gasoline prices going up in Europe?