Living in the heart of shale oil country, I'd have to say I don't buy the completely green part. They stiall haven't figured out how to get it out of the ground without huge impacts, plus it uses more water than the West has to give. Even Shell says it is years away from being feasible.
Bill Cardell TurboDog's Dad www.flyinmiata.com www.fmwestfield.com orders 1-800-FLY-MX5S tech support 970-464-5600 Don't miss Flyin' Miata's Open House! Aug 14-17, 2008 ________________________________ From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Tony Cooper Sent: Monday, May 26, 2008 9:38 AM To: [EMAIL PROTECTED]; [email protected] Subject: Was Re: Hypermiling with a Link ECU - now gas prices (NPC) Oil Companies are easy targets. But it is not so simple. First India and China are fast becoming modernized. I worked for Lenovo for several years and had the opportunity to travel to Beijing (among other sites) and the traffic jams are simply amazing. Cars everywhere... and there are over a billion folks in both countries. Traffic os worse then any I have ever seen anywhere in the USA, eight and 10 lane highway systems packed like a parking lot not just in rush our but most of the day! These countries are buying oil in record quantities and driving up the price. And that are not driving eco boxes. You know you have arrived in Beijing when your ride is a black Buick! Lots of high end high dollar cars there - LOTS! US gas usage is down 7% already but the price is still steadily rising. And it will continue to do so until one of two things happen. Demand drops worldwide or we drill for oil in the USA and off our coasts. There are massive oil deposits on Gull Island in Prudhoe Bay (larger then Saudia Arabia), but the US refuses to allow drilling. Smaller oil deposits in ANWR, but no drilling allowed there either. Meanwhile, the Chinese are drilling 60 miles from Key West, Fla and shipping it to Cuba for refining because we refuse to drill there. Massive oil deposits just discovered in ND, SD, and Montana (quite possibly larger then Saudi Arabia's) and we don't drill. Oil discovered in Eastern and central Tennessee and only small drilling there. I had a friend who bought 8000 acres from the US government 5 years ago. His partner was a Geologist and after surveying the property he informed them that he suspected there was oil on the property. They drilled a single exploratory well and hit oil... enough to supply the state of Tennessee for 10 years. The government stepped and and bought the property back. My friend's made a massive gain on the sale ($25 Million) but the oil is still in the ground, the well capped. I have not even begun to discuss the shale oil and coal to gas conversions that we refuse to jump on but that are 50 - 80 year old technologies that are completely clean (other then C02 emissions, and I am not at all convinced C02 is a pollutant - Geez if CO2 is a greenhouse gas then so is water vapor). The there is the 50% population increase in the USA but the drop from the 1970's of over 300 refineries to under 200 ( I think the number is actually 118) now active and running at 98% capacity 24/7. They produce boutique formulated gas that can't be shipped from one section of the country to another due to regulations even when a refinery goes offline and causes local shortages. Lay the blame squarely where it belongs - on your elected officials and "greenies" that want to drive this country back into the dark ages rather then compromise "principles". California has already had rolling blackouts and they are fast coming the east coast. Most engineers in the field say it is inevitable within the next 5 years. We can't even get a electrical power plant built in this country! As far as profits, 6-8 cents per gallon is not out of control, the government take is from 45 - 70 cents per gallon with no overhead or investment. I wish I had a business model that let me do that! Off my soapbox now... sorry , you touched a nerve.... Tony [EMAIL PROTECTED] wrote: Well, don't expect to get much for Red Beast if you're selling by the pound... Fuel prices are totally ridiculous. The oil companies LOVE it. They bid HIGH so they can justify their pricing of fuel. When the price drops to $2.50 per gallon (which will occur when the buyers simply STOP bidding high), we naive and silly consumers will be sooooo Grateful...and the Government bozos will PRAISE the oil companies for their consumer-centric strategy. Quite simply, the price of oil would not be so high if those buying wouldn't pay it. Who buys crude? The oil companies
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