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Thread: The Price of Gas

  1. #11
    Senior Member BonMallari's Avatar
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    Quote Originally Posted by Raymond Little View Post
    $3.12 87 octane, .44 your dreaming if you think we will exhaust our oil reserves anytime in the next 100 years. PS, china is burning coal which does lead to respiratory issues when scrubbing technology isn't used.

    Seriously...the best I could find between LV>Utah>Idaho>Montana was 3.59 at the Maverick gas stations...
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  2. #12
    Senior Member Gerry Clinchy's Avatar
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    Quote Originally Posted by Franco View Post
    From the Federal Bureau Of Land Management
    http://www.blm.gov/wo/st/en/prog/ene...tatistics.html

    Total Federal Production over the last 5 years us up 2008-13 compared to the previous 5 years! That includes total acres and barrels.

    If you are looking only at 2011 then you would be correct. Production in the Gulf was shut down for several months after the BP spill.

    You also failed to take into account that oil companies aren't using most for the Permits to drill that are issues on Federal land due to the low prices for natural gas.
    http://www.nytimes.com/gwire/2011/01...per-13123.html
    The point, Franco, is that all of this would be even better if POTUS' policies were different. Imagine that increased production on Fed land was due to pre-existing permits or improved technology ... not due to current administration's policies.

    If we are to generate the wealth needed to further the alternative energy possibilities, we can use the wealth generated by present fuels. I just wonder why it is so hard for people to accept that we can use fossil fuels to a great advantage to "finance" the pursuit of renewable energy resources. Can we develop the technology to use carbon dioxide or oxygen from the air to run industry and vehicles? Such research needs funding. If there is no funding, there is no progress. Long-term progress has always been fueled by capitalism and a profit motive. Russia may have gained an edge in space exploration, but socialism could not fund that kind of research ad infinitum. Wealth must be generated to fund future progress.
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  3. #13
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    Quote Originally Posted by Gerry Clinchy View Post
    The point, Franco, is that all of this would be even better if POTUS' policies were different. Imagine that increased production on Fed land was due to pre-existing permits or improved technology ... not due to current administration's policies.

    If we are to generate the wealth needed to further the alternative energy possibilities, we can use the wealth generated by present fuels. I just wonder why it is so hard for people to accept that we can use fossil fuels to a great advantage to "finance" the pursuit of renewable energy resources. Can we develop the technology to use carbon dioxide or oxygen from the air to run industry and vehicles? Such research needs funding. If there is no funding, there is no progress. Long-term progress has always been fueled by capitalism and a profit motive. Russia may have gained an edge in space exploration, but socialism could not fund that kind of research ad infinitum. Wealth must be generated to fund future progress.


    Honestly, if you ordered a 3 egg omelet and were served a perfectly cooked and presented 3 egg omelet, you'd be dissatisfied. Something along the lines of "the eggs weren't large enough" would be uttered.-Paul
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    Senior Member road kill's Avatar
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    Quote Originally Posted by paul young View Post
    Honestly, if you ordered a 3 egg omelet and were served a perfectly cooked and presented 3 egg omelet, you'd be dissatisfied. Something along the lines of "the eggs weren't large enough" would be uttered.-Paul
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  5. #15
    Senior Member Gerry Clinchy's Avatar
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    Quote Originally Posted by paul young View Post
    Honestly, if you ordered a 3 egg omelet and were served a perfectly cooked and presented 3 egg omelet, you'd be dissatisfied. Something along the lines of "the eggs weren't large enough" would be uttered.-Paul
    More like if you ordered a 3-egg omelet and the govt has dictated that only 2-egg omelets are allowed?
    G.Clinchy@gmail.com
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  6. #16
    Senior Member Franco's Avatar
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    Some things to keep in mind about drilling whether it be on private land or Federal;

    1) Oil companies are going to drill where they can get the best ROI. If drilling in a foreign country where skilled labor is cheaper or regulations are softer that is where they will drill. They will just hire their skilled labor in the USA that they need and train the rest.
    2) Oil companies buy leases for many reasons even if they have no intentions for drilling within those leases in the near future.
    3) They don't use all of the Permits granted to them for a mired of reasons.

    I like the fact that we have high standards. No company wants to pay the fines BP had to after the Gulf leak. It pays them to drill as safely as possible. But sometimes sheet happens. It is up to the regulators and oil companies to keep accidents to a minimum.

    We have all the natural gas we need to be energy independent. Most municipal fleets and many private sector fleets run on CNG. At least in the Gulf states and California they do. CNG Filling Stations are popping up everywhere! Auto mfg will produce more CNG vehicles as the demand grows. The big problem right now is cost of CNG vehicles. The breakeven is around 80,000 miles. Kind of like solar power for homes. Bigger upfront with huge savings on the backend. And, the last thing that I would want is to see the government step in with incentives for CNG because their track recorded is NOT good. Let the private sector get the problem worked out. Just think about how ending our ridiculous Tax Code would speed the process along!
    Last edited by Franco; 08-27-2014 at 02:15 PM.
    Collecting more taxes than is absolutely necessary is legalized robbery. Calvin Coolidge



  7. #17
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    Quote Originally Posted by Gerry Clinchy View Post
    The point, Franco, is that all of this would be even better if POTUS' policies were different. Imagine that increased production on Fed land was due to pre-existing permits or improved technology ... not due to current administration's policies.
    What specific policies? Since you make the claim, back it up, especially in light of all the unused permits on federal lands which have been issued.

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