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Peak Oil - counterargument
On 25 Apr 2006 06:26:17 -0700, "basskisser" wrote:
JohnH wrote: On 24 Apr 2006 15:45:22 -0700, "basskisser" wrote: RCE wrote: "Doug Kanter" wrote in message ... How about this: "I own a Hummer just because I can." Does that strike you as a good idea, since this country really does need to lower its demand for oil? Or, is this not your country? I have to admit, a Hummer is where I draw the line. I support everyone's freedom of choice to buy what excites them, but for the life of me I don't understand the fascination with a 1500 GM pickup truck chassis and a military, "Terminator" sheet metal body. Reminds me of those toys the kids play with --- "Transformers" or something like that .... the ones that you pull on the doors or whatever and it turns into a Robot. RCE I agree, aside from being butt ugly, they are too wide and unmaneuverable for todays parking lots and streets. I watched some fool with his penis, I mean Hummer trying to park at an office complex. He was there when I got there, I parked, got my briefcase out of the back, while talking on my cell phone, and he was still parking when I went in! Yeah, but weren't all the girls standing around his Hummer, just waiting for him to get out so they could ogle his manliness? -- 'Til next time, John H Uh, yeah...sure..... He probably doesn't have much in the pants to ogle....hence the Hummer! Hey, bk! It took this time. Thanks! -- 'Til next time, John H ****************************************** ***** Have a Spectacular Day! ***** ****************************************** |
Peak Oil - counterargument
"RCE" wrote in message ... "Doug Kanter" wrote in message ... "Gorf" wrote in message ... "Doug Kanter" wrote in message ... "RCE" wrote in message ... Again, stolen from another NG, the following is a portion of an article published in the "Economist". It seems to refute some of the Peak Oil doom and gloom arguments. The hell with "the peak". How about just doing our part to lower prices? Or, are Americans too friggin' busy, lazy or stupid to make the effort? Just like the tech bubble, the real and the estate bubble. The price of gas is high right now because of speculators hoping to make money off of it. Because Bush has threatened Iran, and Iran has said that they would block the straight of Humus if attacked. Speculators on the commodity market are driving up the price. Add to this artificial shortages due to the implementation of "ethanol based" fuel. If the Iran issue blows over, prices will plummet. Why don't you buy a small fuel efficient car? Iran just said they intend to share their nuclear technology with Sudan. This may not blow over. Assume for a minute that political influences on the price of oil were suddenly gone ... OPEC resumed setting reasonable oil prices and everything is hunky-dorey with the world. Then, assume everybody that drives a car in the world got a flash of insight and traded in their current vehicles for replacements that got twice the fuel mileage. What would happen to the price of gas? Go up, down or stay the same? I say it would double in price. RCE The capitalist law of supply and demand says that the price would drop. But of course as long as the government is in league with oil monopolies, you are probably correct the price would go up.... |
Peak Oil - counterargument
JohnH wrote: On 25 Apr 2006 06:26:17 -0700, "basskisser" wrote: JohnH wrote: On 24 Apr 2006 15:45:22 -0700, "basskisser" wrote: RCE wrote: "Doug Kanter" wrote in message ... How about this: "I own a Hummer just because I can." Does that strike you as a good idea, since this country really does need to lower its demand for oil? Or, is this not your country? I have to admit, a Hummer is where I draw the line. I support everyone's freedom of choice to buy what excites them, but for the life of me I don't understand the fascination with a 1500 GM pickup truck chassis and a military, "Terminator" sheet metal body. Reminds me of those toys the kids play with --- "Transformers" or something like that .... the ones that you pull on the doors or whatever and it turns into a Robot. RCE I agree, aside from being butt ugly, they are too wide and unmaneuverable for todays parking lots and streets. I watched some fool with his penis, I mean Hummer trying to park at an office complex. He was there when I got there, I parked, got my briefcase out of the back, while talking on my cell phone, and he was still parking when I went in! Yeah, but weren't all the girls standing around his Hummer, just waiting for him to get out so they could ogle his manliness? -- 'Til next time, John H Uh, yeah...sure..... He probably doesn't have much in the pants to ogle....hence the Hummer! Hey, bk! It took this time. Thanks! -- 'Til next time, John H My pleasure, John. I sincerely mean that, good luck. |
Peak Oil - counterargument
basskisser wrote:
Hugh wrote: Doug Kanter wrote: I drive a 6-cylinder Totota pickup, about 30 miles per week. My ex drives a Subaru 4-cylinder. I drive a Ford Excursion V10 (gas). When I'm driving it, I think of Douglas Kanter, and all the fuel he is saving with his vehicles so I can have enough fuel for my huge vehicle. Tick tock, tick tock... It takes a complete imbicile to actually, truly think like that..... ..........and a pointy head like yourself to actually, truly respond. |
Peak Oil - counterargument
I think Richard was suggesting that your recent confrontational approach to
all your posts, has a tendency to turn a reasonable discussion into silly name calling. I think he was suggesting that you find another thread to destroy, but I could be wrong. I do know he is smart enough to know this is a non moderated group, but he was enjoying the discussion in this one. -- Reggie " JimH" jimh_osudad@yahooDOT comREMOVETHIS wrote in message . .. "RCE" wrote in message ... " JimH" jimh_osudad@yahooDOT comREMOVETHIS wrote in message ... You made no such proposal. I made one to you however. You want to effect a change. Go ahead and start by doing what I suggested. ;-) Jim, we are having a friendly, philosophical discussion here. Please don't screw it up ....... yet. I did not know you owned this discussion Richard. |
Peak Oil - counterargument
I am sure he also meant as the cost of crude rises, it becomes economical
vialbe to extract oil from less desirable and thus more expensive oil fields, such as many oil fields in the SW and the shale oil fields. If he didn't mean that, he should have. -- Reggie "RCE" wrote in message ... wrote in message oups.com... RCE wrote: wrote in message oups.com... RCE wrote: Again, stolen from another NG, the following is a portion of an article published in the "Economist". It seems to refute some of the Peak Oil doom and gloom arguments. --------------------------------------------------------------------------- There was an article in the latest Economist about this. Here's a little of it: As oil production slows, prices will rise up and down the futures curve, stimulating new technology and conservation. We might be running low on $20 oil, but for $60 we have adequate oil supplies for decades to come." ---------------- $60/bbl for "decades to come"? How far from the wastebasket does one need to stand to score 3 points with a paper wad? According to his theory, $100/bbl will add a couple of more decades of availability. RCE I don't know when that theory was expounded, but that $60/bbl oil lasted maybe a few weeks or months. Certainly not "decades". We're closing in on $80. Chuck, the author was not claiming that a certain price would last for decades. His point was that the higher the price, the longer remaining oil supplies will last. RCE |
Peak Oil - counterargument
"Reginald P. Smithers" ThatsMyStory.com wrote in message ... I think Richard was suggesting that your recent confrontational approach to all your posts, has a tendency to turn a reasonable discussion into silly name calling. I think he was suggesting that you find another thread to destroy, but I could be wrong. I do know he is smart enough to know this is a non moderated group, but he was enjoying the discussion in this one. -- Reggie I don't think that is what he meant. But what business of yours is it anyway? Regardless, the day I take your advice on anything is the day gas is once again selling for $1/gallon. See ya. |
Peak Oil - counterargument
What makes you think I was giving you any advice?
-- Reggie " JimH" jimh_osudad@yahooDOT comREMOVETHIS wrote in message ... "Reginald P. Smithers" ThatsMyStory.com wrote in message ... I think Richard was suggesting that your recent confrontational approach to all your posts, has a tendency to turn a reasonable discussion into silly name calling. I think he was suggesting that you find another thread to destroy, but I could be wrong. I do know he is smart enough to know this is a non moderated group, but he was enjoying the discussion in this one. -- Reggie I don't think that is what he meant. But what business of yours is it anyway? Regardless, the day I take your advice on anything is the day gas is once again selling for $1/gallon. See ya. |
Peak Oil - counterargument
"Gorf" wrote in message ... "RCE" wrote in message ... "Doug Kanter" wrote in message ... "Gorf" wrote in message ... "Doug Kanter" wrote in message ... "RCE" wrote in message ... Again, stolen from another NG, the following is a portion of an article published in the "Economist". It seems to refute some of the Peak Oil doom and gloom arguments. The hell with "the peak". How about just doing our part to lower prices? Or, are Americans too friggin' busy, lazy or stupid to make the effort? Just like the tech bubble, the real and the estate bubble. The price of gas is high right now because of speculators hoping to make money off of it. Because Bush has threatened Iran, and Iran has said that they would block the straight of Humus if attacked. Speculators on the commodity market are driving up the price. Add to this artificial shortages due to the implementation of "ethanol based" fuel. If the Iran issue blows over, prices will plummet. Why don't you buy a small fuel efficient car? Iran just said they intend to share their nuclear technology with Sudan. This may not blow over. Assume for a minute that political influences on the price of oil were suddenly gone ... OPEC resumed setting reasonable oil prices and everything is hunky-dorey with the world. Then, assume everybody that drives a car in the world got a flash of insight and traded in their current vehicles for replacements that got twice the fuel mileage. What would happen to the price of gas? Go up, down or stay the same? I say it would double in price. RCE The capitalist law of supply and demand says that the price would drop. But of course as long as the government is in league with oil monopolies, you are probably correct the price would go up.... I am sure it would double quickly, but not for government reasons. Large, public corporations are controlled by the stockholders. By stockholders, I don't mean John Q. Public's personal investments, but by major institutional investors managing big money market and retirement accounts. These investors are as much interested, or more so, in revenues and the steady growth of .... than in the minor quarterly swings in profits. If the segment of oil company's revenues that are derived from gasoline sales suddenly dropped by one half, these investors would be screaming for the revenue deficit to be made up immediatately. The big oil companies cannot afford to lose confidence in the investment banking community, and would raise prices to make up the revenue deficit. So, switching to high mpg cars may make you feel good, and, if you believe the world is about to run out of oil you could convince yourself that you are doing some good, but if you think it's going to control the price of a gallon of gas, you are really misguided. RCE |
Peak Oil - counterargument
"RCE" wrote in message ... "Gorf" wrote in message ... "RCE" wrote in message ... "Doug Kanter" wrote in message ... "Gorf" wrote in message ... "Doug Kanter" wrote in message ... "RCE" wrote in message ... Again, stolen from another NG, the following is a portion of an article published in the "Economist". It seems to refute some of the Peak Oil doom and gloom arguments. The hell with "the peak". How about just doing our part to lower prices? Or, are Americans too friggin' busy, lazy or stupid to make the effort? Just like the tech bubble, the real and the estate bubble. The price of gas is high right now because of speculators hoping to make money off of it. Because Bush has threatened Iran, and Iran has said that they would block the straight of Humus if attacked. Speculators on the commodity market are driving up the price. Add to this artificial shortages due to the implementation of "ethanol based" fuel. If the Iran issue blows over, prices will plummet. Why don't you buy a small fuel efficient car? Iran just said they intend to share their nuclear technology with Sudan. This may not blow over. Assume for a minute that political influences on the price of oil were suddenly gone ... OPEC resumed setting reasonable oil prices and everything is hunky-dorey with the world. Then, assume everybody that drives a car in the world got a flash of insight and traded in their current vehicles for replacements that got twice the fuel mileage. What would happen to the price of gas? Go up, down or stay the same? I say it would double in price. RCE The capitalist law of supply and demand says that the price would drop. But of course as long as the government is in league with oil monopolies, you are probably correct the price would go up.... I am sure it would double quickly, but not for government reasons. Large, public corporations are controlled by the stockholders. By stockholders, I don't mean John Q. Public's personal investments, but by major institutional investors managing big money market and retirement accounts. These investors are as much interested, or more so, in revenues and the steady growth of .... than in the minor quarterly swings in profits. If the segment of oil company's revenues that are derived from gasoline sales suddenly dropped by one half, these investors would be screaming for the revenue deficit to be made up immediatately. The big oil companies cannot afford to lose confidence in the investment banking community, and would raise prices to make up the revenue deficit. So, switching to high mpg cars may make you feel good, and, if you believe the world is about to run out of oil you could convince yourself that you are doing some good, but if you think it's going to control the price of a gallon of gas, you are really misguided. RCE Nope. You make the false assumption that the "big" oil companies are colluding in setting prices. In reality, simple economics dictate price.....supply and demand. |
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