Gas rant

[91turbo666]

heres the thing, like i said electric cars have been on the roads for many years, hell there were plenty of them around pre 1900. if companies wanted to improve the tech, it would have already been done. as it happens its no where near as profitable as internal combustion vehicles. the biggest hurdle is buying the lithium batteries which hold the most power and have a decent lifespan, the only problem is the price. but if they were used more the price would go down.....it just goes round in circles

[Turk]

Originally Posted by Mr.Mecha

If you think you Americans are pissed here in Canada we have the second largest oil reserves in the world and we're paying more than you. You used up your oil long ago.

In fairness, they are American oil companies. And it is the Americans that are willing to kill for it. It is the oil companies to blame, they are enjoying their monopolies and collusion tactics. Price goes up say $10, they jack the prices to say $15 a barrell(not the barrell price, but the fuel price). When costs go up, companies make less not more. Record profits should be key enough. They are abusing market power and dominance, which the govt competition watchdogs should stop, but who is going to stand up against multi billion/trillion dollar industries. I wouldnt.

Drbrown you will find that it is the same in mostly every 1st world country. That is just how the systems are setup. Im saying that even though the bottom 98% dont earn as much, they are the ones keeping China up by buying their stuff. And the top 2%, are the ones that buy it off China to sell to the bottom 98%. You cant blame China for being succesful, im sure in the 50's/60's people in the U.K were like "bloody Americans they making all the monies!!!".

On the electric car thing, no way will a little electric motor pull a 6000lb truck, or make a 200 mile trip back to and from work. Dont buy one. The fact is for those whos trip is less then 70miles per day (alot of people), who dont need a 6000lb truck to drive to the office, an electric car would be perfect. Leave it on charge overnight, it isnt that hard. My car sits there in the garage from when I get home till when I go out, it might as well be plugged in. The thing that is a bit bull[shizzle] is that there would be a HUGE market for plug ins, even if they are not perfect if they save you about $6000 a year in fuel plenty would buy, there is just no reasonable option. Those Ev1's or whatever would have been sweet if they didnt look like a piece of [shizzle]. Not hard to make a pure electric civic and cost about the same as an equilavant petrol model.

The electric bashers seem to thing that if electric cars are going to become common place, EVERYONE has to buy one and there is no alternative. No, it will be like the Prius and Civic hybrids now, only some will drive them, and it wont affect other drivers at all.

[Pirate_d00d]

Originally Posted by nate_v8

Something about those other countrys paying more is that they have been doing it for a while, therefore they are budgeted around it. In the us this is an almost overnight change and I know I am and probably others are looking at there current budget and wondering how long untill things start to fall apart. Another thing is that for most of the us is our puplic transportation sucks. The price to fill up our cars is not the only thing changing either because of the more costly fuel it is consting more to eat and eventually more for "EVERYTHING" else. There are companies that are losing money because of the jump in gas prices and going out of buisiness or bankrupt, then there are jobless people. I live 20miles from work and I travel with my laptop and occasionaly a large set of blueprints and I also use my car to run back and forth to job sites, how the hell am I supposed to walk or ride a bike.

Well said. The only practical time to do so is if you don't have to go anywhere once you get to your job, or for a short trip. I can travel 50+ miles go to different client's sites in a single day. A client's server goes down, and I'm supposed to whip out my bus schedule to see how I have to get down there? No, no thanks. I would more than likely not have my job if that was the case.

[DrBrown]

Originally Posted by Mr.Mecha

If you think you Americans are pissed here in Canada we have the second largest oil reserves in the world and we're paying more than you. You used up your oil long ago.

We havent been using our oil for years. We get the majority of our crude oil directly from the middle east. Most of the fuel comes from the middle east as well. Seeing as the federal govt just loves our alliances with kuwait and saudi arabia they dont mind forking over all our cash for THEIR petrol and oil even though the US has a VERY large reserve and they ust discovered a couple more in the plains. Not to mention that whole Alaska thing we purcahsed back in the day. The US oil lines arent tapped out by any means.

[Turk]

Originally Posted by DrBrown

We havent been using our oil for years. We get the majority of our crude oil directly from the middle east. Most of the fuel comes from the middle east as well. Seeing as the federal govt just loves our alliances with kuwait and saudi arabia they dont mind forking over all our cash for THEIR petrol and oil even though the US has a VERY large reserve and they ust discovered a couple more in the plains. Not to mention that whole Alaska thing we purcahsed back in the day. The US oil lines arent tapped out by any means.

Why would the United States use their own when they get wait for the rest of the worlds to dry up (from them using it) and then 40 years later say hahah we still have [shizzle] loads of oil left shouldnt of sold it to us. I would do the same thing too (of course there is the risk that in 40 years we won NEED oil, but the govt and oil companies are doing a pretty good job so far of making sure no other technology can replace it).

[nate_v8]

I heard the other day that if we started using our own oil it would take the prices back down to $2.00 a gallon. In a perfect world I guess I should say, because we now pay $4.00 a gallon now we would be lucky to see it at $3.00 a gallon. Instead of the stimulas checks they should have broke into the oil reserves and lowered the prices of fuel, I believe we would see more than a dent in the economy.

[easyBob]

MSNBC - Video Front Page

A short interview with a man named Paul van Eeeden. (a link, for learnin')

Some notes I've collected for you all:

Exxon Mobil is the largest u.S. oil and gas company, but only accounts for ~2% of global energy production, and only ~3% of global oil production, only 6 percent of global refining capacity, and only 1 percent of global petroleum reserves. The largest, and by far, I mean the largest "companies", are state owned ones. If you think those companies are manipulating the markets, start blaming governments (like I do ).

For the most part, we get most of our oil from Canada and Mexico. Only in the last year has Saudi Arabia passed Mexico. Canada still holds the lead. Hey Canadians, I love your oil. Keep up the good work!

"While all oil-importing nations buy oil at global prices, some, notably India and China, subsidize the cost of oil products to their nation's consumers, feeding the demand for more oil despite record prices." Sheesh. I've said it before and I'll say it again, subsidize, and prices will rise.

Here is the True Money Supply. You want price stability, remove the Fed. It's that simple (the idea, not the actual removal of the federal reserve; people in power tend to want to stay in power).

-Chris

[lnlogauge]

Ive remained in the opinion its supply and demand, deal with the gas prices because there's not much you can do about it. Than I read this article

Gas prices keep climbing even as oil prices drop - Yahoo! News

"Prices remained volatile, though, buffeted about by threats against Nigerian oil facilities, worries about falling gasoline demand in the U.S. and a strengthening U.S. dollar."

So please correct me if I read it wrong, but the prices are unstable because the U.S. dollar is going up, and the demand is falling? shouldnt that just equal lower prices?

[Turk]

In Australia I know we would be paying even more for our fuel but the [shizzle]ty U.S dollar is hedging our prices a bit. If it was still 70c to your dollar like it was say 6-8 years ago, I can only imagine.

PS, watch my new lounge video I posted .

[Stealth]

Originally Posted by lnlogauge

Ive remained in the opinion its supply and demand, deal with the gas prices because there's not much you can do about it. Than I read this article

Gas prices keep climbing even as oil prices drop - Yahoo! News

"Prices remained volatile, though, buffeted about by threats against Nigerian oil facilities, worries about falling gasoline demand in the U.S. and a strengthening U.S. dollar."

So please correct me if I read it wrong, but the prices are unstable because the U.S. dollar is going up, and the demand is falling? shouldnt that just equal lower prices?

The value of a US dollar is going down, which means its takes more $ to = Foreign money, hence the term Inflation. Kinda of the opposite of what you are thinking.

[namesakeone]

It seems the rise in oil prices is (as many here have described, either individually or collectively) the result of a "perfect storm": an escalating demand from two huge countries suddenly coming into wealth and prominence (China and India); a war on (or near) the land over a major oil supply; aging refineries and the oil companies' reluctance to invest in new ones), a national government that has been, in recent years lacadasical (to say the least) about enforcing anti-trust laws, especially when it comes to those industries that make campaign contributions; an oligopoly of major petroleum countries (Royal Dutch Shell, ExxonMobil and British Petroleum--two thirds of which are not within the jurisdiction of those anti-trust laws) and pretty much can set prices where they want; a Saudi Arabian oil cartel which has no real reason to increase production and lower prices for a country that attacked one of its neighbors; and finally, a nation that is very much dependant on oil which was caught with its pants down.

Need I say the latter again? Face it; we Americans aren't very good at conserving. One look at all the single-occupant cars on any given freeway during rush hour makes that obvious. And it didn't help when off-road vehicles became fashionable. This is especially pathetic when Grandma volunteers to move the cars around to get one vehicle for everyone to go to the movies, backs the SUV out of the driveway, misses the pavement and runs over the petunias--and that's the only time this alleged off-road vehicle ever goes off the road.

[targagrat]

having a collapsed lifter takes my gas mileage, so i've heard. (correct me if im wrong)

[D'sMx-6]

^^^ No, doing 82 in a 55 takes YOUR gas mileage

[Turk]

Originally Posted by D'sMx-6

^^^ No, doing 82 in a 55 takes YOUR gas mileage

Cmon give the guy a break. His new member fasing(spelling) should be over by now .

[mhale71]

I had no idea we had so many perfect drivers here..


Hypocrites..