ghettoperson
Member
+1,943|7073

Mek-Stizzle wrote:

Fuck oil. We have plenty of miserable weather here, and a good Nuclear Technology base - lets make the most of it. Now is the time to really push for proper, most importantly, cheaper alternatives to fuel our cars and make electricity.

What does everyone need oil for? Mostly power generation and fuel for transport. If we can atleast cut out the oil from power generation and transport, we can cut out a huge chunk.

Hopefully the rising prices will force countries like China, India and more importantly us folk in the West to become less reliant on Oil. Of course, people think that it's homosexual/queer to drive a car that doesn't use the stuff. So we're pretty much doomed.

< - Even they're trying to be less reliant on oil (er, look a little up, the F1 car)
How is miserable weather beneficial to nuclear technology?
Mekstizzle
WALKER
+3,611|7045|London, England

ghettoperson wrote:

Mek-Stizzle wrote:

Fuck oil. We have plenty of miserable weather here, and a good Nuclear Technology base - lets make the most of it. Now is the time to really push for proper, most importantly, cheaper alternatives to fuel our cars and make electricity.

What does everyone need oil for? Mostly power generation and fuel for transport. If we can atleast cut out the oil from power generation and transport, we can cut out a huge chunk.

Hopefully the rising prices will force countries like China, India and more importantly us folk in the West to become less reliant on Oil. Of course, people think that it's homosexual/queer to drive a car that doesn't use the stuff. So we're pretty much doomed.

< - Even they're trying to be less reliant on oil (er, look a little up, the F1 car)
How is miserable weather beneficial to nuclear technology?
Miserable weather, and good Nuclear Tech. I don't know how miserable weather will generate power on a large scale, but we should make the most of it.
ghettoperson
Member
+1,943|7073

Mek-Stizzle wrote:

ghettoperson wrote:

Mek-Stizzle wrote:

Fuck oil. We have plenty of miserable weather here, and a good Nuclear Technology base - lets make the most of it. Now is the time to really push for proper, most importantly, cheaper alternatives to fuel our cars and make electricity.

What does everyone need oil for? Mostly power generation and fuel for transport. If we can atleast cut out the oil from power generation and transport, we can cut out a huge chunk.

Hopefully the rising prices will force countries like China, India and more importantly us folk in the West to become less reliant on Oil. Of course, people think that it's homosexual/queer to drive a car that doesn't use the stuff. So we're pretty much doomed.

< - Even they're trying to be less reliant on oil (er, look a little up, the F1 car)
How is miserable weather beneficial to nuclear technology?
Miserable weather, and good Nuclear Tech. I don't know how miserable weather will generate power on a large scale, but we should make the most of it.
We also have a large amount of crumpets. We should combine these with the miserable weather to supply power to the whole of Europe!
Diesel_dyk
Object in mirror will feel larger than it appears
+178|6418|Truthistan

Dilbert_X wrote:

I thought that OPEC was just artificially raising the prices.
OPEC doesn't set prices, they set production levels (with a price in mind).
A part of the 'rise' has been the collapse in the dollar.
OPEC is nice reminder why monopolies benefit the pricks running them, and no one else.
If the US still had oil would they be giving it away cheap in a sellers market?
Its a scarce commodity now, due in large part to the incredible rate of consumption by the US.
Now you're competing with China, India etc the price goes up.
You are partly right. The weak dollar has caused all imports to rise including oil. We have spent and borrowed too much money to finance the war in Iraq, relative to all other countries.

But the statement that OPEC does not control prices is not entirely accurate. They greatly influence pricing by limiting supply. We are receiving a harsh lesson in Chicago style supply side economics which is fancy speak for price fixing by suppliers.
OPEC could alleviate the excessive prices by raising the supply. The rise is supply would not even have to be permanent, it would only have to be timed properly to shock the futures market and the commodity markets back to reality and burst the bubble on oil that they have talked up.

A properly timed shock could be initiated by the US by stating that the US is going to dump its strategic reserve on the market. that might be enough to shock the markets back to reality. The US should state that its going to dump the entire strategic reserve on the market, then buy up the oil contracts at low low prices, then re-neg on dumping the strategic oil reserve, and then do it again and again and again until it shakes the speculators out of the market. By increasing volatility in the market and introducing a surprise factor, the shocks should burst the bubble and cause the speculators leave the market. I think that inflicting huge losses on the speculators would be justice.

I believe Canada did this in the currency market about 15 years ago. speculators were talking up the Canadian dollar and jumping on it and forcing it down. The Yo-Yo effect on the dollar caused a lot of problems and the Canadian government  moved to protect its currency by waiting until the currency was low and then entered the market in force. It caused alot of speculators to lose a lot of money. and the trading of Canadian dollars normalized after that.

There is no oil supply shortage, there are no line ups, if global demand is up, there is enough capacity to meet it. OPEC is controlling and artificially limiting the supply and that is causing the prices to rise and speculators are talking up the price further.

Its an economic war that needs government action to defeat.

Last edited by Diesel_dyk (2008-04-28 11:24:30)

IRONCHEF
Member
+385|6915|Northern California
It'll hit $150 a barrel and by October, it'll decline to a comfortable $100 a barrel....  Crazy since it was only $30 a barrel before we started warring with ME nations! 

US Nerds need to seriously get their butts in gear planning the replacement of the combustion engine..make OPEC eat there crude.  Can you imagine what that day will look like when no more foreign oil is exported to the US from them? lol  I know it won't happen, but i can dream.
Kmar
Truth is my Bitch
+5,695|7025|132 and Bush

http://www.ft.com/cms/s/0/4200dc9e-1521 … fd2ac.html

I hope this helps to expedite our release from oil. The world will recover as alternative fuels are developed. OPEC countries will need to scramble to find another tool to exploit their people with.
Xbone Stormsurgezz
=NHB=Shadow
hi
+322|6790|California

Kmarion wrote:

http://www.ft.com/cms/s/0/4200dc9e-1521-11dd-996c-0000779fd2ac.html

I hope this helps to expedite our release from oil. The world will recover as alternative fuels are developed. OPEC countries will need to scramble to find another tool to exploit their people with.
I raise you 50, to bring that to a total of $250 by the end of Dec 31.
beerface702
Member
+65|7117|las vegas
well sittin at 118.55 today, holding at 118 almost all week. Could reach upwards past 120 by the end of the week, who cares. We need higher prices to encourage less driving. Although diesel needs to drop, it has me more worried then if Jill the SUV driving soccer mom can haul her bratty kids to practice. Diesel is already past 4.50 a gallon in california, 4.18 here in las vegas. Truckers can't keep up with this, most self employed truckers are already broke, can barely put food on the tables. If you work for a major trucking company, dont expect pay raises, and less food on the shelves if it peaks past 5 bucks  a gallon.

I got 10 bucks free gas today when i went into to the hand wash here on durango and chaleston. IF you bought a prem wash for 18 bucks, 10 bucks free gas. LOL was 2.565 gallons

Last edited by beerface702 (2008-04-29 01:32:20)

Dilbert_X
The X stands for
+1,822|6530|eXtreme to the maX
OPEC countries will need to scramble to find another tool to exploit their people with.
You don't think the US uses oil as a tool to exploit their own people?
Fuck Israel
Kmar
Truth is my Bitch
+5,695|7025|132 and Bush

Dilbert_X wrote:

OPEC countries will need to scramble to find another tool to exploit their people with.
You don't think the US uses oil as a tool to exploit their own people?
We use it to get to work... not to explain away 4 thousand years of failures. My point was that most OPEC nations are completely financially dependent upon exporting oil. Somehow I don't the the Crown Princes of Dubai will be able to fund their 24k carat hotels without taking checks from westerners.
Xbone Stormsurgezz
HurricaИe
Banned
+877|6385|Washington DC
Gas has already broken $4.00 at at least one gas station here (for premium gas). Ridiculous. Remind me again why we're funding un-democratic, largely unfriendly nations with oil dollars? Let's tell them to go fuck themselves and develop alternative sources (e.g. electric cars with cleaner power plants like nuclear, wind, hydroelectric, solar... OR HOW ABOUT FUCKING HYDROGEN ALREADY)
Lai
Member
+186|6575
There won't be any oil reserves left by the end of 08
Dilbert_X
The X stands for
+1,822|6530|eXtreme to the maX
We use it to get to work... not to explain away 4 thousand years of failures. My point was that most OPEC nations are completely financially dependent upon exporting oil.
Even Duhbya admitted the US is hooked on oil, in large part due to govt policy forced on the US by the oil companies and auto-makers who own the govt.
OPEC could alleviate the excessive prices by raising the supply.
I'm not so sure, even if they could why would they? No realistic alternative will exist until around the time it runs out.
They might as well make the money now.
Fuck Israel

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