How do you shoot the devil in the back? What if you miss?
That right their sums up the situation with the oil companies...
How do you shoot the devil in the back? What if you miss?
Orbit said:That right their sums up the situation with the oil companies...
They did, futures dropped 8 cents a gallon for June delivery, however that only means that it won't go up quite as much by June, Unless something bad happens (like war in the middle east.. oops! got that, or rising tensions with Iran, Sudan, or Venezuela.... uh oh! or a predicted severe hurricane season......Oh Crap!)DarkSynergy said:. Prices, if anything, should come down with the announcement that the Federal Reserves are not being built up. Bush suspended the deposit of oil into our reserves which should lower prices. ..
I'm not saying you only get 1 gallon of fuel, I'm saying SAVE 1 gallon of fuel (on average , some people can save more) the longer your comute and the lower your MPG the easier it is.fussnfeathers said:1 gallon per week per car is unrealistic. Sure, if you live in a major metropolitan area, and live 2-3 miles from work, but those of us in outlying and rural areas might need to drive 30+ miles to our jobs. Even with the current breed of hybrid cars, that translates to 4-5 gallons a week, at 50mpg. And with the current craze of owning the biggest SUV in the world, with an average MPG of less than 15mpg at best, this will never happen.
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T-Shirt said:The shine has also worn off many US products, with more of their business/purchases going to europe, russia and china.
so now our hugh oil budget is going out to support other countries.
in the mean time our trade defict grows to incredible amounts, while our product prices(to outside buyers) are reduced in order to compete.
the problem being, like home bio-diesel kits, when too many people start doing it the raw material gets hard to find (waste fry oil for bio-diesel, any cheap sugar source for ethanol) and the price begins to rise.Rob Williams said:Basically, you would add your home-made ethanol to your regular gasoline.. a 15/85 mixture. So.. in affect this should save you 15% at the pump. But this kit sells for $1,400 and requires time and effort. I am not sure what would be better to be honest, but this is a very cool alternative.
Oh, and you can make moonshine with the kit also
http://abcnews.go.com/WNT/Business/story?id=1902339&page=1
T-Shirt said:the problem being, like home bio-diesel kits, when too many people start doing it the raw material gets hard to find (waste fry oil for bio-diesel, any cheap sugar source for ethanol) and the price begins to rise.
At least for ethanol the money you pay for supplies goes to some US (or Canadian) farmer.
here in Washington the bio-diesel industry got a big push from the state last year, with a few side effects.
1) the port of Seattle arranged to have ships in Puget sound burn bio-diesel in their while in port (ships are 1 of the biggest pollution sources as they burn huge amounts of bunker oil (very dirty, almost crude oil) you can actually see their exhaust plumes on satellite photos) and pledged to use more than 1 million gallons a year. However this dried up the local sources of waste oil as a few big contractor will actually pay (a small amount) to get the oil to refine and sell to the port, too bad for the little guy (and there have been a few complaints about the "fried food" smell around/downwind from the port)
2) In order to encourage the use of BD in construction vehicles, the laws about cleanup of small fuel spills (very common from dump trucks and heavy equipment fueling at job sites) are very relaxed for users of BD, but this just means that some companies with bad cleanup records/safety practices switched and are now not even pretending to be careful (a BD spill MIGHT be less dangerous then regular diesel, but it is still oil)
3)A company in eastern Washington setup a HUGE BD refinery which the state is now trying to shutdown because the owner (a real scumbag) decide that it was legit to dump the lye/waste water? and waste oil (the part too full of little burnt food bits) in to a big dry well which is now polluting the local ground water.
There already are several large ethanol plants in eastern Washington (which use the sugar beets grown there).
BUT there have already been several massive tank car fires on the railroad in several areas of the state. (alcohol being MORE volatile than gas or oil, and only transported on the surface rather than (some what )safer underground pipelines.
Buck-O said:And it should be noted, even though its no better, but for accuracys sake, that the waste oil material that was being dumped, was mostly dirty glycerin. Not dirty oil. They are quite different substances. Though, as i said, just as dirty in terms of environmental impact.
T-Shirt said:the problem being, like home bio-diesel kits, when too many people start doing it the raw material gets hard to find (waste fry oil for bio-diesel, any cheap sugar source for ethanol) and the price begins to rise.
At least for ethanol the money you pay for supplies goes to some US (or Canadian) farmer.
here in Washington the bio-diesel industry got a big push from the state last year, with a few side effects.
1) the port of Seattle arranged to have ships in Puget sound burn bio-diesel in their while in port (ships are 1 of the biggest pollution sources as they burn huge amounts of bunker oil (very dirty, almost crude oil) you can actually see their exhaust plumes on satellite photos) and pledged to use more than 1 million gallons a year. However this dried up the local sources of waste oil as a few big contractor will actually pay (a small amount) to get the oil to refine and sell to the port, too bad for the little guy (and there have been a few complaints about the "fried food" smell around/downwind from the port)
2) In order to encourage the use of BD in construction vehicles, the laws about cleanup of small fuel spills (very common from dump trucks and heavy equipment fueling at job sites) are very relaxed for users of BD, but this just means that some companies with bad cleanup records/safety practices switched and are now not even pretending to be careful (a BD spill MIGHT be less dangerous then regular diesel, but it is still oil)
3)A company in eastern Washington setup a HUGE BD refinery which the state is now trying to shutdown because the owner (a real scumbag) decide that it was legit to dump the lye/waste water? and waste oil (the part too full of little burnt food bits) in to a big dry well which is now polluting the local ground water.
There already are several large ethanol plants in eastern Washington (which use the sugar beets grown there).
BUT there have already been several massive tank car fires on the railroad in several areas of the state. (alcohol being MORE volatile than gas or oil, and only transported on the surface rather than (some what )safer underground pipelines.
T-Shirt said:It's getting worse.
Bolivia nationalizes it's Nat. Gas industry
you'd think, given the Bolivia is landlock and only can sell to it's neighbors, primarily Brazil, should mean shortage in Brazil no effect on the world energy market (everyone agrees the Bolivia no longer has the skills or resources to run and develop the gas reserves without the outside help, and the oil companies, despite investing more than $5Billion in the last 10 years will abandon it's investment rather that run it and turn over ALL the profits to the bolivian gov't)
however Brazil NEEDS the Nat. Gas to fend off the staggering inflation of the last 15-20 years, so they will by LPG deliveries (by ship) at whatever price the market demands.
so LPG (a large portion of industrial and home heating for the new england area, down the east coast middle america (via pipeline from the gulf of mexico)) and S califorina will rise or be unavailable (because all available LPG ships already are 100% booked), so demand for other fuel will rise, etc, etc
this will be a tough summer, gas wise and could be a MUCH tougher winter.
on the gasoline front the cheapest gas station around here Arco (which already adds 10-12% alcohol (almost free) to it's fuel (federal subide program, no longer available) at the cheapest station I know of has $3.21- $3.11-$3.01 posted tonight)
This areas gas is only produced from Alaska pipeline crude, which according to the orginal pipeline documents is only for sale in the US. (several groups have traced this during previous "shortages" and it is known that through "paper exchanges" (for other non US oil, which probably would be imported anyway) or for actually pumping it out into a land base tank and then back into a tanker, quite a bit of it ends up in the far east, when the price is right, sometimes to make the price rise)))
so this same oil that payed the alaska permanent fund generously and then was shipped to the west coast of the US refined and sold as gas for under $1 per gallon just a couple years ago AND still provided a decent profit for the retailer/wholesaler/ refiner/shipping/ pipeline drilling and production companies now fetches $3 plus at around the same cost.
Where do you think the other $2 per gallon goes?
not the retailer who usually only makes a few cents a gallon (most of the profit is in the minimarket) a local station just claimed the make more on the $0.99 corndog (57 cents profit) than filling an SUV )
but the refining shipping and production end all owned by the smae small group of MEGA-corps get all sorts of tax breaks to "help their struggling industry" and have/ will continue to post mind boggling record profits.
Your tax dollars, a pulic servents at work for your benifit, no doubt.
Enron is the tip of a very large iceberg