Obama has a Fix for oil prices

[midnight Target]

So it has been shown that properly inflating tires would without a doubt save at least a major percentage of what we would get from drilling, but some idiots continue to hoot and guffaw at the suggestion. Has the IQ dropped in this room in the past few months? I think it has.

[lazs2]

Rolex.. yes I have had a gas station tell me there was no gas and I have had em tell me I had to get in line and I have been told to come back the next day..   I did it for months..  in the 70's

I question the 3% math on tire inflation.   I would bet that most people now have their tires inflated.  Oh wait... you said GLOBALY  if you take the U.S.  it is nothing like 800,000 even at 3%.. I forgot that osamabama is a world leader not just our new god.


I would also question the 200,000 gallons from offshore drilling.. no one knows how much we will discover but even so..  it is estimated that with ANWAR we will bring in 1.5 to who knows how many millions of gallons... and.. if you use the same math... if every country drilled offshore... I mean.. fair is fair...

Then the stupid remark about tires is even sillier.   

But.. all that aside.. why not do both or.. all 100 at once?   why is he so insistent on not letting us get the oil that is available to us and is ours?  this seems odd in light of him recently saying that we should release the reserves.. a true drop in the bucket and useless fix.

Nope.. the true idiocy of his remark was taking drilling and exploring off the table and substituting a world tire inflation scheme instead.

Yes.. we should inflate our tires and check our aircleaner and tune our cars up.. heard all this crap in the 70's.. I am waiting for the 55 mph scam..  but... that does not mean that we stop exploring for new oil and pumping it.

lazs

[Toad]

Yes.. we should inflate our tires and check our aircleaner and tune our cars up.. heard all this crap in the 70's.. I am waiting for the 55 mph scam..  but... that does not mean that we stop exploring for new oil and pumping it.

lazs

Also the cold hard truth.

I draw the line at 55 mph. That would truly be cause to begin the 2nd American Revolution. I lived through it from start to finish last time but I vowed "never again".

[lazs2]

MT.. nope.. not unless you use the rolex math...

If osamabama was talking about the entire world then he would be closer.   but he was not.. he was speaking to us..  about our problem...  that being the case he was being really really silly.

but.. as I said.. anything that saves oil is a good idea.. but so is drilling.   People are not fooled.. they know more supply is good.

lazs

[lazs2]

toad.. what MAY... not certain.. save us from a democrat bill for a 55 mph speed limit is that most cars are optimized to get better mileage at 70 than at 55 these days.

lazs

[Rolex]

Stop with the "Rolex math", lazs. The numbers are right. Neither of these two yahoos running are my horse, I despise them equally. Yes, I was around for the even odd license plate nonsense, too. However, there is no getting around the fact that less consumption = less cost to the consumer and what else can a consumer do as an individual?

But, let's not get distracted by all this oil nonsense and keep our eyes on the ball. The best economic stimulus is for the governing class to get their hands out of your pockets. All of the productivity gains that Americans have contributed to the economy have gone unrewarded. Companies and the government have taken it all, while workers are falling further behind in wages. Gasoline is not out of line when considering total inflation, is it? Wages and net pay have failed to keep up.

The only people who have kept up with inflation have been government workers, the modern American royalty. Other than drive less, here's another idea: elect someone who will reduce government spending and give the entire country a raise. Never forget that a 1% tax sparked a revolution.

[Bones]

Lazs, as much as I would like to get on board with that, I doubt there is a pickup truck on the road that gets better gas mileage at 70 than at 55.  Anytime you try to move a brick through the wind, the power required to do so goes up, in a not so linear fashion.

That is probably true for most SUV's as well.

Here is what I would like to see.  I know it is not going to happen, but I think it might be a way to go.  We want to encourage people to get better gas mileage.  So why not plant an RFID tag in every automobile in this country which can broadcast the current gas mileage of the vehicle to the gas pump, which then assigns a tax on the fuel based on the gas mileage.  The better the gas mileage, the lower the tax.

Of course it would have to exempt farmers, 18 wheelers, and/or a chunk of the commercial industry.

If the vehicle does not have an RFID tag, then the consumer pays the highest tax which would be assessed.

[lazs2]

the math I was talking about was the amount of oil we as Americans would save if every slacker who runs around on flat tires pumps em up with political hot air.

It would be tiny compared to the couple million gallons from ANWAR and offshore.. not to mention the savings on speculation.

Now..  If we use your figure for the entire world of 800k saved by hot air then we would have to use the entire production of oil by offshore drilling that is done now by every country in the world and will be done by every country in the world... again.. the hot air in the tires.. or is that tyres now?   will not amount to anything.

I am just asking you to compare apples to apples in your math.

It is simply a good idea to increase supply and decrease demand.. we can do both.. to take on of the options off the table is just stupid.

lazs

[lazs2]

bones.. not everyone drives an suv or pickup.. you will notice tho that all the rear end gears are now much higher (lower numerically) than they were in the 70's

lazs

[Rolex]

The 800,000 barrels is for the US, not the world. The numbers are right, lazs.

[Bones]

bones.. not everyone drives an suv or pickup.. you will notice tho that all the rear end gears are now much higher (lower numerically) than they were in the 70's

lazs

Sure the engine is turning a lower RPM, but the amount of power required to overcome the weight and wind force is still the same.  The engines today are more efficient and that has helped quite a bit, but I doubt you will find a truck that gets better gas mileage at 70 than at 55.  Unfortunately, trucks were the number one selling vehicle in the USA for many years.  There are a very large number of them on the road.

Cars are another story.  Better aerodynamics have lead to improved gas mileage and better engine management and design have helped as well.  I would be willing to say most new cars today get the same gas mileage at 70 as well as at 55.

I amended my original post, by the way.

[Slamfire]

So it has been shown that properly inflating tires would without a doubt save at least a major percentage of what we would get from drilling, but some idiots continue to hoot and guffaw at the suggestion. Has the IQ dropped in this room in the past few months? I think it has.

You know what ?  Oil is not the only resource being affected - Metal is as well.

For the sake of the argument, think in terms of METAL and not OIL.

Take copper - the price of copper has QUADRUPLED since 2004 (just like Oil has).  Ask any crackhead: they're stealing copper like it's going out of style.

The root cause of metal prices rising is NOT the evil Steelworking Companies here in the USA.  The culprit for rising metal prices is INCREASED GLOBAL DEMAND (esp CHINA and INDIA).  

China/India are being industrialized, and their demand for raw materials (including OIL) has boosted prices worldwide.

Now think about this - again - in terms of metal:  Are we being "screwed" by the Evil Steelworking Companies ?  Of course not.  Would it make sense to impose a Windfall Tax on the Steelworking Companies and give a $1000 rebate to low income Americans to somehow "fix" the problem ?

Of course not - Obama is simply fabricating a boogieman, going after him, and bribing the most uneducated & vulnerable of our society for their votes.  He's an exploiter, a liar and a con man.

So what should we be doing ? Mining for More Copper.  Drilling for More Oil.  Increase Supply.  Even if we don't we don't reap the benefits for 10 years, we MUST do it - otherwise we'll be looking at $1500 barrels of oil 10 years from now.  If it takes 10 years to see a difference, ALL THE MORE REASON to start RIGHT AWAY.  

Obama's plan for long term relief is science fiction - we won't be flying around in Jetson's style saucers.

[Toad]

http://www.csmonitor.com/2008/0807/p09s01-coop.html

In the first quarter of 2008, Big Oil had a profit margin of 7.4 percent. Over that same period, the pharmaceutical and medicine industry earned a 25.9 percent profit, the chemical industry earned 15.7 percent and the electronic equipment industry earned 12.1 percent.

What about those movie theater refreshments? Four large popcorns and four large sodas cost $31.50. The total raw ingredient cost is approximately $7.56. That equals a 76 percent gross margin. Where is the political outrage over that figure?

Damn the popcorn speculators! Oh.. wait....


I am very tired of the government mindset that assumes the only way to deal with anything is to tax it or make it illegal.

Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery? Forbid it, Almighty God! I know not what course others may take; but as for me, give me liberty, or give me death!

Vote Libertarian! Live as you were intended to live!

[midnight Target]

You know what ?  Oil is not the only resource being affected - Metal is as well.

For the sake of the argument, think in terms of METAL and not OIL.

Take copper - the price of copper has QUADRUPLED since 2004 (just like Oil has).  Ask any crackhead: they're stealing copper like it's going out of style.

The root cause of metal prices rising is NOT the evil Steelworking Companies here in the USA.  The culprit for rising metal prices is INCREASED GLOBAL DEMAND (esp CHINA and INDIA).  

China/India are being industrialized, and their demand for raw materials (including OIL) has boosted prices worldwide.

Now think about this - again - in terms of metal:  Are we being "screwed" by the Evil Steelworking Companies ?  Of course not.  Would it make sense to impose a Windfall Tax on the Steelworking Companies and give a $1000 rebate to low income Americans to somehow "fix" the problem ?

Of course not - Obama is simply fabricating a boogieman, going after him, and bribing the most uneducated & vulnerable of our society for their votes.  He's an exploiter, a liar and a con man.

So what should we be doing ? Mining for More Copper.  Drilling for More Oil.  Increase Supply.  Even if we don't we don't reap the benefits for 10 years, we MUST do it - otherwise we'll be looking at $1500 barrels of oil 10 years from now.  If it takes 10 years to see a difference, ALL THE MORE REASON to start RIGHT AWAY.  

Obama's plan for long term relief is science fiction - we won't be flying around in Jetson's style saucers.

I guess it has dropped.

[CAP1]

toad.. what MAY... not certain.. save us from a democrat bill for a 55 mph speed limit is that most cars are optimized to get better mileage at 70 than at 55 these days.

lazs

you're exactly right on this one.

it's all in the cam timing, the fuel curve and timing curves as controlled by the engine control computers on most cars.

 even if ya just look at it only on the mechanical side(since so many like to eliminate all other interconnected sstems in our conversations), each and every internal combustion engine has a "sweet spot". racers have known this for years.

 if you find it, you can optimize your mileage that way.

 my dakota at 55mph only gets 15.6 on the highway. at 75mph, she's getting 19 to 21. at 80 mph, she drops back to 15 to 16.

 at 75mph, she's running about 2600rpm, 2400 at 55 and 2700 to 2800 at 80.

 i'm working on recording these specs for my geo now. it's just really really hard to only drive at 55mph for long enough to get accurate readings.