Author Topic: Does he have the Cajones... Will he do it? (Read 3519 times)

beet1e · « **Reply #90 on:** April 25, 2006, 02:48:18 PM »

Lazs,

I don't think the current wave of gas prices rises is a blip. The price of crude oil will continue to rise, driven by demand from China. As the price goes up, it will become viable to develop alternative fuels which have hitherto been too expensive. No doom and gloom. It's just that we'll be working with other sources of energy in the years to come, besides oil. I hope Nuclear power will succeed this time round. Finland has announced that they are to increase the proportion of electricity generated by nuclear power from 26% to 36%. Let's hope the rest of the world will follow. That would ease the demand for oil, and help lower its price.

lazs2 · « **Reply #91 on:** April 26, 2006, 08:58:47 AM »

think what you want beet but you and rolex are doom and gloom short sighted on this..

you can't base what will happen in 20 years on what is happening now. demand here will drop and alternatives will be found and the price per barrel will trigger exploration and use of oil that was too expensive before..

The only way we can screw it up is byu letting the panic monger doom and gloomer "DO SOMETHING NOW!!!!! ANYTHING IS BETTER THAN NOTHING!!!" crowd have their way and plunge us into a carteresque debacle.

I am pretty sure that we are due for some kind of adjustment but it will all work out. If we had listened to your ilk in the 70's we would have believed that we would all have lost the knack for even making fire much less be able to drive cars by now.

in the 70's the panic mongers had us all driving golf carts with no way to ever drive a normal sized car ever again....

They were wrong... you are wrong now.

lazs

beet1e · « **Reply #92 on:** April 26, 2006, 01:46:07 PM »

So WHEN are we to see this miraculous drop in the price of crude oil? And WHEN are we going to see a drop in American demand for imported oil?

lazs2 · « **Reply #93 on:** April 26, 2006, 02:04:08 PM »

Probly won't be a significant drop in the price of oil.. what will happen is that as the price reaches a certain point...... oil that was previously too expensive to get and refine will become viable.

lazs

beet1e · « **Reply #94 on:** April 26, 2006, 02:12:11 PM »

Oh yeah? And where is this oil, and how much is there? Is this new source going to yield 13m barrels a year? (America's current level of imported oil) And... when is it going to come online? It is reported that even if the ANWR oil was plundered, it would be 12 years before the first drop of oil was delivered, which won't deal with the crisis of today. Maybe you will be forced to ... cut consumption???

lazs2 · « **Reply #95 on:** April 26, 2006, 02:33:52 PM »

who says it needs to? how do you know how much we will need? You are going by what we need today. All sorts of alternatives are available like solar and nukes and ethenol and... well..... who knows...

you can eaither be doom and gloom about it or you can realize that we are living in excieting times..

Look at the guys who paid mucho bucko's for glorified golf carts in the 70's and ended up junking them when things got better..... look at alternative fuel and hybrid cars... they are not economicaly viable for most right now...

guy I know paid 40k for a prius and then fried some kind of switching computer thingy after the warranty was out and it cost him 5K.... how much gas can I buy for that kind of money? When the battery pack went out on the electric vehicle at work they junked the car.... all that battery crap hazardous waste to get rid of and all that wasted money..

you and rolex have one thing in common.....you hope for the worst for America but have no solution...

I keep waiting to hear the solutions... I keep waiting to hear what day we will all fry from global warming or what day we will run out of oil... or out of anything for that matter... and.... how much the solutions that you don't even have are gonna help..

In the meantime.... I think I will just enjoy longer summers and driving big block el caminos and shooting guns.

you can do the worrying for me (so long as you don't get to vote)

lazs

beet1e · « **Reply #96 on:** April 26, 2006, 02:59:12 PM »

Quote

Originally posted by lazs2
who says it needs to? how do you know how much we will need? You are going by what we need today. All sorts of alternatives are available like solar and nukes and ethenol and... well..... who knows...

It would take years to recover the oil in the ANWR - even if the go ahead was given to plunder it. As to the other energy alternatives, I'm sure their development will be spurred on by rising oil costs, but it's still going to be years before these enter the mainstream at a level which can replace 13 million barrels of imported oil every year. What I want to know is not what's going to happen in 20 years, but in the more immediate future - say the next 2-5 years to begin with. Are you still going to bury your head in the sand when crude hits $150/bbl, and pretend that there will be a bottomless oil well at the end of the rainbow, somewhere?

Quote

Look at the guys who paid mucho bucko's for glorified golf carts in the 70's and ended up junking them when things got better.....

When things got better? What, you mean like 1985 when Reagan dropped the CAFE requirements for vehicles in order to boost the US oil industry? IIRC, Reagan's energy policy was based on what would be "popular".

The oil party is almost over. The hangover is about to kick in...

Holden McGroin · « **Reply #97 on:** April 26, 2006, 04:06:46 PM »

Quote

Originally posted by beet1e
What I want to know is not what's going to happen in 20 years, but in the more immediate future - say the next 2-5 years to begin with.

On a fast track it would take 2 or 3 years or more to build a new refinery. Two or three years or more to build a new nuke plant. Two or three years or more to build a new coal or shale to liquid plant.

Meanwhile the cost of crude will continue to rise. The cost rise however will drive the move to other energy resources. The higher the cost of crude, the more pressure there is on new source development.

The only reason oil was the foundational fuel for modern society is because it was the cheapest fuel available. Now that other energies are becoming cost effective, other energies will come on line.

Elfie · « **Reply #98 on:** April 26, 2006, 04:28:40 PM »

With the price of crude so high now, maybe the company that is building plants to turn waste into oil will finally take off.

beet1e · « **Reply #99 on:** April 26, 2006, 05:19:31 PM »

HMcG

I agree with everything you said ^ but there remains the immediate problem of the rising cost of crude. It could go to $100/bbl this summer, driving up gas prices further still. It's all very well for people like Lazs to say that new sources of energy are on some distant horizon, but that won't solve the immediate problem. Excel's article from this morning suggested that 69% of people questioned in the US said that the gas price hikes were hurting their family budget. So while we wait for new energy sources to become available, I don't see what these people can do to contain their costs...

...except by cutting consumption.

Holden McGroin · « **Reply #100 on:** April 26, 2006, 05:42:08 PM »

Quote

Originally posted by beet1e
... I don't see what these people can do to contain their costs...

...except by cutting consumption.

That's why I commute on a bicycle... instead of a fuel hungry Audi...

Hangtime · « **Reply #101 on:** April 26, 2006, 06:20:31 PM »

Quote

Originally posted by beet1e
So WHEN are we to see this miraculous drop in the price of crude oil? And WHEN are we going to see a drop in American demand for imported oil?

1. When we don't want it any more.

2. When we chuck out the pinhead oilmen in washington that are 'good friends' with the Saudi Princes.

So, whats the current price per US gallon for gas in England today?

bj229r · « **Reply #102 on:** April 26, 2006, 06:26:59 PM »

Quote

Originally posted by beet1e
It would take years to recover the oil in the ANWR - even if the go ahead was given to plunder it. As to the other energy alternatives, I'm sure their development will be spurred on by rising oil costs, but it's still going to be years before these enter the mainstream at a level which can replace 13 million barrels of imported oil every year. What I want to know is not what's going to happen in 20 years, but in the more immediate future - say the next 2-5 years to begin with. Are you still going to bury your head in the sand when crude hits $150/bbl, and pretend that there will be a bottomless oil well at the end of the rainbow, somewhere? When things got better? What, you mean like 1985 when Reagan dropped the CAFE requirements for vehicles in order to boost the US oil industry? IIRC, Reagan's energy policy was based on what would be "popular".

The oil party is almost over. The hangover is about to kick in...

This is 2006...Democrats have been blocking even EXPLORATORY stuff on the frozen tundra which is Anwar since 1996. Current world oil production only has 2 million barrels a day of spare capacity.... U.S. refinery capacity is maxed (and STILL hasn't reached pre-Katrina levels) As long as these conditions apply, gas will be where it is-- world won't come to an end.

Jackal1 · « **Reply #103 on:** April 26, 2006, 06:46:49 PM »

Senate Panel Demands Oil Co. Tax Records
AP - 1 minute ago

WASHINGTON - WASHINGTON - A Senate committee Wednesday announced an investigation into taxes paid by major oil companies and asked the Internal Revenue Service for the companies' tax returns. The Senate Finance Committee promised "a comprehensive review of the federal taxes paid" by the oil companies on their record profits last year.
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It`s gonna get good Louise. Grab the popcorn.

Boxboy · « **Reply #104 on:** April 26, 2006, 07:29:03 PM »

What makes this thread intertaining is Beetle's hunger to see the US fall or just be miserable. He makes all kinds of statements out of context in order to continue his agenda LOL.

He has no idea what the word PROFIT means, and the oil companies are hopeing that no one in this country does either. Facts are that the oil companies could just drop their profits to pre gouge levels (which with all the heat being turn up they will do soon) and the price of gas here in the US will return to 2 to 2.30 levels.

Sorry to burst your bubble beetle but the world of US domination still has a "few" more years to run LOL