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Kevin,
I know you are missing the point, so let me spell it out for you. " John is mocking your standard comment." By the way, my wife and I (did I tell you we are both Dr. Dr.'s) both think you are ****ing nuts. wrote in message oups.com... John H. wrote: On 11 Aug 2005 07:10:43 -0700, wrote: Bill McKee wrote: "Harry.Krause" wrote in message ... Scooby Doo wrote: As I said, since you can't rationally debate ANWR, you're useless. Yet another brain-dead reich-winger for rec.boats. Seems you can't rationally debate either. BWAAAHAAAAA!!!! Bill has been proven dead wrong AGAIN!!!! You're bull**** about ANWR, and the caribou herds have been blown totally out of the water by one single person!!!!!!! Do you know for a fact he's single, or is that just another wild, unfounded allegation? Damn, you're stupid. |
Harry,
Isn't this the point in the conversation where you turn to Bassy and Don and high 5 each other. "Harry.Krause" wrote in message ... wrote: It appears that Mr. Kruase is here just to disrupt this forum. He doesn't want to discuss boats or have a rational debate on any topic. He is nothing more than a newsgroup troll. "Harry.Krause" wrote in message ... Bill McKee wrote: "Harry.Krause" wrote in message ... Scooby Doo wrote: As I said, since you can't rationally debate ANWR, you're useless. Yet another brain-dead reich-winger for rec.boats. Seems you can't rationally debate either. Sure I can, but there's no point to doing so in this newsgroup, not with the current population of right-wing robots. I don't like arguing with fools. But if I change my mind, I'll contact you, ok? |
DSK,
Why would oil companies invest the billions of dollars in infrastructure, to extract 6 months usage of oil? "DSK" wrote in message ... Scooby Doo wrote: A "fool" is someone who won't accept a compromise where he gets more than 92% of what he wants. ANWR is 19 million acres. The area identified as the largest untapped petroleum supply in North America is 1.5 million acres, or 7.9% of the 19 million. Uh huh. And if "opening" that 7.9% negates the value of the rest, then it's not enough, is it? .. The proposal to open that 1.5 million acres would create about 700,000 jobs, decrease our dependence on Middle Eastern and other unstable foreign sources of energy, and allow 92.1% of the wildlife refuge to remain untouched. No, it will provide approx six months worth of oil at current consumption, probably less by the time all is said and done, and cut across the entire wildlife refuge disrupting migration & seasonal habitat. In other words, for a couple days supply of oil (and huge profits to those allowed "in"), you want to destroy the refuge. Good idea. DSK |
"51 st" Smithers Inc wrote in message ... Kevin, I know you are missing the point, so let me spell it out for you. " John is mocking your standard comment." By the way, my wife and I (did I tell you we are both Dr. Dr.'s) both think you are ****ing nuts. Check with your Dr. Dr. wife......I think kevin is suffering from BDS..........Bush Derangement Syndrome ;-) wrote in message oups.com... John H. wrote: On 11 Aug 2005 07:10:43 -0700, wrote: Bill McKee wrote: "Harry.Krause" wrote in message ... Scooby Doo wrote: As I said, since you can't rationally debate ANWR, you're useless. Yet another brain-dead reich-winger for rec.boats. Seems you can't rationally debate either. BWAAAHAAAAA!!!! Bill has been proven dead wrong AGAIN!!!! You're bull**** about ANWR, and the caribou herds have been blown totally out of the water by one single person!!!!!!! Do you know for a fact he's single, or is that just another wild, unfounded allegation? Damn, you're stupid. |
"52 nd Name" Smithers Inc wrote:
DSK, Why would oil companies invest the billions of dollars in infrastructure, to extract 6 months usage of oil? That's a pretty simple minded question there lad, though I doubt you exact figures, I can't see how you could miss making a rough estimate. (3.64 billion barrels of oil sells on today's market for about $218 billion, which is *clearly* the reason oil companies would invest a few billions of dollars in infrastructure to extract it.) However, lets look at some actual specifics, to nail this down in more detail. The numbers are from the Anchorage Daily News of February 5, 2005, and they cite the source as "Global Oil and Gas Risks and Rewards, 2004" public summary, Wood Mackenzie consultants. That is commonly referred to as the "Wood Mackenzie Report", and is widely credited as a reliable source (which costs an arm and a leg if you want access to the detailed specifics!). The US uses 20M barrels of oil per day. A six month supply is 3.64 billion barrels. Take your pick what you think the price will be, but it typically runs about $4 a barrel less than the average price of oil on the world market. Which is to say that with other oil hitting $64 a barrel, right now Alaska North Slope (ANS) crude is running right at $60 a barrel. The actual cost of production for ANS is $9.94, according to the Wood Mackenzie Report. Hence the investment in infrastructure and operating expenses for that 3.64 billion barrels would be roughly $36 billion. And the price received for that oil would be $218.4 billion. Now, the figures did not specify what the taxes are for oil at $60/bbl, but did state that at $16/bbl it was 71.7% and at $35/bbl it was 58.4% (for ANS crude). We can probably assume that there would be a lower percentage at $60/bbl, but I'm not going to even try guessing how much lower. Lets error on the conservative side and assume it is the same. $218 billions, sale price - 36 billions, cost of production --------- $182 billions, before tax profit - 106 billions, taxes at 58.4% --------- $ 76 billions, pure profit I'd like to know where else someone can invest 36 dollars and get 76 back in profit, and do it billions at a time too! -- Floyd L. Davidson http://www.apaflo.com/floyd_davidson Ukpeagvik (Barrow, Alaska) |
52 nd Name wrote:
DSK, Why would oil companies invest the billions of dollars in infrastructure, to extract 6 months usage of oil? Because they expect to profit very handsomely, especially after all their investment in infrastructure is huge tax deduction? Oh wait, that actually makes sense... And if you do not know my name, it is because you don't read any boating posts here. So why don't you go away, or have you been chased out of all the political discussion groups? DSK |
DSK wrote:
52 nd Name wrote: DSK, Why would oil companies invest the billions of dollars in infrastructure, to extract 6 months usage of oil? Because they expect to profit very handsomely, especially after all their investment in infrastructure is huge tax deduction? Oh wait, that actually makes sense... And if you do not know my name, it is because you don't read any boating posts here. So why don't you go away, or have you been chased out of all the political discussion groups? DSK You're being "smithered" here, fella. This is just his latest ID. |
Floyd L. Davidson wrote:
"52 nd Name" Smithers Inc wrote: DSK, Why would oil companies invest the billions of dollars in infrastructure, to extract 6 months usage of oil? That's a pretty simple minded question there lad He's just playing you. It's "Smithers," with yet another ID. |
Harry Krause wrote:
Floyd L. Davidson wrote: "52 nd Name" Smithers Inc wrote: DSK, Why would oil companies invest the billions of dollars in infrastructure, to extract 6 months usage of oil? That's a pretty simple minded question there lad He's just playing you. It's "Smithers," with yet another ID. Smithers *is* a simple lad... -- Floyd L. Davidson http://www.apaflo.com/floyd_davidson Ukpeagvik (Barrow, Alaska) |
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