17-03-2005 21:53									#1
	Oil continues its slippery slide...blahblahblah, DanS? Lose 30 kilos (of popups)

I can't find DanS' old thread where he talked about the declining price of oil, and all about the Bush administration being responsible for it, etc.

http://www.cbc.ca/story/business/na...oil-050317.html

Oil hits record $57.50/barrel...

	17-03-2005 22:08									#2
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* alva holds his hart for this week incomming anually heating bill.

Other than that: expensive oil.

	17-03-2005 22:14									#3
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Expensive oil

At least they should lower the gasoline prices. Yesterday I payed DKK 8.92 per liter, which translates to: (Americans hold on to your hats) $6.07/gallon.

Asmodean

Edit: typos

	17-03-2005 22:17									#4
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God Bless America!

	17-03-2005 22:19									#5
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It's gonna keep goin up.

	17-03-2005 22:20									#6
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If this leads to better fuel-efficiency, it's a good thing.

	17-03-2005 22:26									#7
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quote: Originally posted by Sava If this leads to better fuel-efficiency, it's a good thing.

Or god forbid...a.l.t.e.r.n.a.t.i.v.e. options

	17-03-2005 22:27									#8
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quote: Originally posted by alva Or god forbid...a.l.t.e.r.n.a.t.i.v.e. options

I'd like to see it, but I'm realistic. We won't see alternative sources unless big companies can make obscene profits.

	17-03-2005 22:28									#9
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quote: Originally posted by Sava If this leads to better fuel-efficiency, it's a good thing.

Screw that! I don't waste gas, but I pay the same amount as everyone else. Find some other way for your goals. Don't tax me.

	17-03-2005 22:29									#10
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quote: Don't tax me.

I wasn't proposing any taxes.

	17-03-2005 22:30									#11
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Damn anti-environment, anti-tax communists.....

	17-03-2005 22:32									#12
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quote: Originally posted by alva Or god forbid...a.l.t.e.r.n.a.t.i.v.e. options

Which is of course the best-case-scenario. Perhaps in 40 years we will all drive cars running of cow-dung

Asmodean

	17-03-2005 22:32									#13
	Lose 30 kilos (of popups)

quote: Originally posted by Sava I wasn't proposing any taxes.

Increases in oil prices is like a tax. You said that was a good thing. I'd like to see people waste less gas too, but don't punish everyone.

	17-03-2005 22:35									#14
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quote: Originally posted by Kidicious Increases in oil prices is like a tax. You said that was a good thing. I'd like to see people waste less gas too, but don't punish everyone.

Ideally, I'd like fuel efficiency to go up and gas prices stay low. I'd like everyone to use less. But if gas prices are going to be high, what's wrong with wishing for better fuel-efficiency.

I just don't get you lately Kid. You aren't making sense.

	17-03-2005 22:37									#15
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I'd personally want to see less hummers here in California.

	17-03-2005 22:38									#16
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quote: Originally posted by Sava But if gas prices are going to be high, what's wrong with wishing for better fuel-efficiency.

There's nothing wrong with looking on the bright side. I didn't understand you at first.

	17-03-2005 22:40									#17
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quote: Originally posted by Giancarlo I'd personally want to see less hummers here in California.

Teh communist !!!!!!!!!!

	17-03-2005 22:41									#18
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quote: Originally posted by alva Teh communist !!!!!!!!!!

No I'm not. I just don't see why people think they are so practical for cities. Personally I would buy either a Japanese or South Korean built car.. maybe a Subaru (which to note won a best safety award, as it had the least amount of accidents per 100).

	17-03-2005 22:41									#19
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quote: Originally posted by Giancarlo I'd personally want to see less hummers here in California.

COMMIE LEFTIST TRAITOR!

quote: There's nothing wrong with looking on the bright side. I didn't understand you at first.

okay... I wasn't real clear on that... it's not that I want high prices... but if some good can come of it, thumbs up to the good

I'm so cynical and negative most of the time, I felt it a nice chance of pace to be positive.

	17-03-2005 22:43									#20
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Ohoh, I'm starting to think like Sava.

only a little faster.

	17-03-2005 22:43									#21
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quote: Originally posted by alva Ohoh, I'm starting to think like Sava. only a little faster.

I had more to type.

	17-03-2005 22:45									#22
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Laziness always pays off.

	17-03-2005 22:50									#24
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quote: Originally posted by Giancarlo No I'm not. I just don't see why people think they are so practical for cities. Personally I would buy either a Japanese or South Korean built car.. maybe a Subaru (which to note won a best safety award, as it had the least amount of accidents per 100).

Don't fear comrade. Soon all vehicles will require approval of the Central Planning Authority.

	17-03-2005 22:55									#25
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quote: Originally posted by Kidicious Don't fear comrade. Soon all vehicles will require approval of the Central Planning Authority.

Uh no thanks. And you can keept your yugoslav cars for that matter. What do you commies typically drive? One of those little crappy yugoslav cars?

	17-03-2005 22:57									#26
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quote: I can't find DanS' old thread where he talked about the declining price of oil, and all about the Bush administration being responsible for it, etc.

My point was that the administration doesn't have much impact on the price of oil nowadays, despite what some may have implied during the election. I was using irony as a rhetorical tool by saying the price of oil declining was all Bush's fault (as others have done on other topics, from time to time).

Personally, I have no emotional investment in whether the price of oil is high or low. I have no emotional investment in the political implications of the price and don't care one whit that our politicians are blamed unfairly. My dad is a wildcatter, so he's enjoying the high prices. But I gain nothing from high oil prices and only a small benefit from lower oil prices because the economy grows faster, etc.

I have a running $1,000 bet with my brother where I say that we will be using more oil 10 years from now than currently, but that's me trying to show that the notion of peak oil is rubbish, or at least irrelevant for us. The price of oil might have some impact on that.

In any event, my overall opinion regarding the oil market is that there is loads of oil out there and that the market is constructed to deal most often with oversupply rather than undersupply. We have a cartel of oil producing countries to deal with oversupply and to discourage marginal producers from adding capacity.

	17-03-2005 22:59									#27
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I think the fact that we have to drill in the bottom of the Gulf, and other bodies of water, plus the fact we have to drill in remote areas of the world is proof that there is probably less oil out there than most would like to admit.

	17-03-2005 23:01									#28
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quote: Originally posted by Sava I think the fact that we have to drill in the bottom of the Gulf, and other bodies of water, plus the fact we have to drill in remote areas of the world is proof that there is probably less oil out there than most would like to admit.

ANWR Drilling may happen Funny the enviro-nuts can't realize the drilling would only effect 2% of the land that is completely uninhabited.

	17-03-2005 23:03									#29
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quote: Originally posted by Giancarlo ANWR Drilling may happen

why the thumbs up? according to estimates I've read in the papers this morning, there isn't much oil there anyways. In fact, the Chicago Tribune reported that we would be better off raising the mandatory fuel efficiency by 2 MPG...

	17-03-2005 23:03									#30
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Also, I think there is a lot to be said for moving away from oil as an energy source and store of energy. Oil is just a fantastic commodity, so nobody is forced to find other methods or commodities as replacements.