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GAS PRICES....WTH :angry:
ark_ader:
I don't want to derail this thread, but the problems in Japan, and how oil supply is increasing the cost per barrel, the Libyan issue has just got more interesting.
Doesn't Libya make up that 2% of oil?
I agree with the solar power comment (nice nid) I bet Nevada Power doesn't know what to do about it. But in order to change your usage of energy, you also have to change your perspective on how you get energy.
The solar power array (check out that vitamin company across from the Henderson fire station off warm springs - past Sunset Station - the company has a huge array that powers the building) would have to be the option electric car owners would have to look at, to keep in line with costs in power.
pinballwizard79:
--- Quote from: Mikezilla on March 11, 2011, 05:00:58 pm ---
--- Quote from: pinballwizard79 on March 11, 2011, 02:16:34 pm ---Oil is actually undervalued, we the USA help manipulate & subsidize its price by paying off crooked dictators.
You think oil costs a lot now, wait until the "people" are liberated & asking for market value of a non renewable resource.
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Get this.....The US turns $1.00 into $0.03 after just 98 years thanks to the Fed.
Fed dilutes our currency via treasury bills bought by China, Japan, India & the US itself (printing out of thin air, gold/silver standard abandoned long ago).
This causes inflation in the global reserve currency which causes food prices to sharply increase which causes revolts in the countries we pay off to keep oil prices low.
Revolts caused by our inflation cause interruptions in our oil which shrinks our economy & reduces the funds we have to pay off other markets all the while inflation is out of control.
So why not just raise the fed rate 5% like we did last time to stave off inflation, food prices, revolts & increased oil costs?
Because we cant, our national debt is too high & we already spend more than we take in. If we raise the rate 5% we as a country default....
So we just print, sell, ---smurfette--- about oil & hope to god there is a plane nearby to steal & fly to safety when ---steaming pile of meadow muffin--- hits the fan.
So eff your prius, hummer & electric car. The US & UK are civilized only because we can have anything we want & live a standard of life like no one else.
Stock up on ammo, not oil
EDIT: Stock up on Wico leaf 4 ways too
--- End quote ---
I thought we got oil from places that we can bully, you know, ones that dont really have a military, like Canada, and a few south american countries.
--- End quote ---
We buy a culture first, if they dont sell out then we bully it.
Dont agree, tell that to Saddam who decided to trade oil in the Euro & rejected the money we sent Gaddafi. Who is dead, who is alive?
Gaddafi didnt share his winnings & now his people want him out. Obama was all quiet about Egypt until it was obvious it was over & he did the same to Gaddafi. Ever notice how the US doesnt state a stance until once side shines brighter?
ark_ader its not just the % of oil produced, its the type (how efficiently its processed) Libya has better oil (light sweet crude) than the Saudi's
I think of it this way, its like the stock market. Some of that movement is calculated/intentional & some movement is organic reactions.
ChadTower:
--- Quote from: danny_galaga on March 11, 2011, 12:24:20 am ---
--- Quote from: ChadTower on March 10, 2011, 10:39:39 am ---
--- Quote from: danny_galaga on March 10, 2011, 04:02:42 am ---The Tesla sports car is over 200 MILES per charge...
--- End quote ---
...and costs over a hundred thousand dollars.
--- End quote ---
:dunno
"The standard 4-seat open tourer of 1909 cost $850 (equivalent to $20,709 today). In 1913, the price dropped to $550 (equivalent to $12,181 today), and $440 in 1915 (equivalent to $9,521 today). Sales were 69,762 in 1911; 170,211 in 1912; 202,667 in 1913; 308,162 in 1914; and 501,462 in 1915.
By the 1920s, the price had fallen to $290 (equivalent to $3,289 today) because of increasing efficiencies of assembly line technique and volume."
A useful illustration ;)
--- End quote ---
Next time I stop by 1920 I'll be sure to pick one up. Until then what we have are $120,000 Tesla Roadsters.
danny_galaga:
--- Quote from: ChadTower on March 12, 2011, 06:42:26 pm ---
--- Quote from: danny_galaga on March 11, 2011, 12:24:20 am ---
--- Quote from: ChadTower on March 10, 2011, 10:39:39 am ---
--- Quote from: danny_galaga on March 10, 2011, 04:02:42 am ---The Tesla sports car is over 200 MILES per charge...
--- End quote ---
...and costs over a hundred thousand dollars.
--- End quote ---
:dunno
"The standard 4-seat open tourer of 1909 cost $850 (equivalent to $20,709 today). In 1913, the price dropped to $550 (equivalent to $12,181 today), and $440 in 1915 (equivalent to $9,521 today). Sales were 69,762 in 1911; 170,211 in 1912; 202,667 in 1913; 308,162 in 1914; and 501,462 in 1915.
By the 1920s, the price had fallen to $290 (equivalent to $3,289 today) because of increasing efficiencies of assembly line technique and volume."
A useful illustration ;)
--- End quote ---
Next time I stop by 1920 I'll be sure to pick one up. Until then what we have are $120,000 Tesla Roadsters.
--- End quote ---
You're not one for extrapolation, are you?
danny_galaga:
Regards oil prices, the Japan crisis has actually eased the price of oil. Why? Less anticipated consumption. Industry will be down, therefore in a general sense, less oil will be used. Nuclear power plants offline will be somewhat negated by less customers (damaged, destroyed buildings) and many power stations in Japan (and a lot of the world) are coal fired. Maybe the price of coal will go up slightly.
So breath easy, your petrol prices will stabilise a little and all it took was the destruction of the east coast of Japan...
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