gas prices, take 2 Options

[scotty914]

okay with the hurrican i have been watching a lot of fox news. according to opec they will pump more oil to help. here is the crazy part opec is going to hold a meeting next month to figure out why gas prices are as high as they are, they stated the opec pumps and sells the oil at 12 per barrel.

so who ever is buying the oil at 12 per barrel is marking it up to a current price of 67 a barrel, i wonder if this is along the lines of enron, artificially marking up the oil.

i have read a few things lately about oil wells, some thing like 70 % of the wells that were dry 10 to 20 years ago now have oil in them again, and but that they mean full flow pumping, not partial.

right now there is a 55 billion gallon oil surpluse ( just heard it ) in storage in this country.

[dmenche914]

Oil prices being high are due to the raise in demand (more folks with bigger cars, SUV's, in many nations, huge and rapid increase in demand in china and india), Other factors effect price: Political stuff like that dictator Chevez in Venezuala, he sells below market to his marxist buddies like castro's cuba, and threatens to turn off American supply (while at the same time signing big long term oil deals with commie china) Venezuala supplies up to 1/4 of American oil use. We know the mad mullahs in Iran don't like us, and they control their supply, and how they sell it too. These mad mullahs that run Iran are really rotten folks, no womens rights, beatings for minor infractions to islam, etc..

So you see the USA has undependable sources that can effect our oil prices, unfortunately we in the USA like many industrial nations depend on too much oil, so much so that we end up needing oil from or enemies or hostail nations. We are with are demand puttting the fate of oil oil in the hands of bad guys. We are building up nations with oil money that are vary evil.

There is a limited supply, suppose we could pump faster, but we are told the wells will run dry eventually, then what, prices will really skyrocket.

We do have reserves here, but not enough to keep us going for long at our rate of consumption. every bit we save will reduce the price. consumption will reduce as folks drive better more mpg cars. Soon oneday our 25 - 30 mpg 914's will be considered gas guzzlers, when new cars will hit 50 -60 mpg rutinely. If price stay high or go up, this will happen.

other factors are tax on gas and oil. (bet the saudi royal family, the mad mullahs in iran, and chavez all get a nice cut from every bit sold.

local regulations increase gasoline proces with all the specialty gas required in differnt areas or time of year.
we have not built new refineres for years in the USA, so we even have to import gasoline from other nations.


lots of things effect the price of gas and oil. the muslim terrorists sent by iran syria saudi, etc.. in Iraq are blowing up oil production making less than when saddam was in charge, but back in saddams day, some UN guys were skimming off the oil sales, as did saddam himself.

bottom line is we need to reduce our consumption, maybe in a few years as the auto fleet changes we will average 60 mpg and $5 per gallon gas will not bug us cause the price per mile would be better.

probalby need to look at our coal reserves, make deals with canada, as i beleive they have lots of coal, and they are friendly democratic folks, (rather see my money go too them rather than a dictator, or mullah) We have plenty of coal. nuclear should be considered if very safe designs can be mass produced. safe nuclear power on a large scale would really help, but ther are issues, technical ones like waste can be handled,
Yes we need to reduce use of oil, or just take it all over, but then we have a china that wouldn't like its supply take by us, so they would put up a fight, they are building up their military with the money they get using cheap labor to make products the USA buys, the evil chinese marxist's are building a big military to counter any US use of force to take the oil from the other bad dictator / mullah bad guys, china is getting to be more powerful, and has bad intent.

againt the solution is to stop using their oil, make the oil worthless by stopping demand.

oil should only be used to make chemicals, and plastics, not burned, if we didn't burn it, we would have more than enough.

that was a very neat chart I like it showing both actual and adjusted prices of gas. Those of us that are old enough recall when prices jumped in the first arab oil imbargo. This big increase is relitivily like the arab imbargo, I get the same milage today (I am even driving the same car) It hurts, but maybe a 60 mpg engine conversion for the 914 should be considered???? that woudl help ease the pain of the price increases