[MBZ] Gas prices hit record high
Hendrick said. OPEC is very shy of telling exactly how much they have left, so as to stuff the world around. Also China and other parts of the developing world are starting to use up vast quantities of oil. There may well be oil reserves under the oceans but getting at them will require technology that is still beyond us. I suppose it is in the interest of OPEC to not oversupply, cause once their oil runs out it's back to herding camels in the desert. Actually, deep water drilling is getting fairly common. It was new back in 2001 when I worked for Unocal (Now part of Chevron), but Chevron recently drilled a well in 7000 feet of water and 20,000 feet of seabed. That opens up a LOT of area for access. It does take about 10 years to get it drilled and on production. Royce ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] Gas prices hit record high
And would cost a lot of money. I saw a program a while back on how they are getting oil out clay up in Canada or somewhere. To make this work the scale of the operation is enormous. Hendrik Royce Engler wrote: Hendrick said. OPEC is very shy of telling exactly how much they have left, so as to stuff the world around. Also China and other parts of the developing world are starting to use up vast quantities of oil. There may well be oil reserves under the oceans but getting at them will require technology that is still beyond us. I suppose it is in the interest of OPEC to not oversupply, cause once their oil runs out it's back to herding camels in the desert. Actually, deep water drilling is getting fairly common. It was new back in 2001 when I worked for Unocal (Now part of Chevron), but Chevron recently drilled a well in 7000 feet of water and 20,000 feet of seabed. That opens up a LOT of area for access. It does take about 10 years to get it drilled and on production. Royce ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] Gas prices hit record high
Hendrik, You're talking about the tar sands in Alberta. Think demerara sugar but black and stinky. Zedic ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] Gas prices hit record high
A mining engineer on another list said there is ten times the amount of oil in the Middle East contained in the oil shales in Canada and certain U.S. Western states. Now that the price of crude has exceeded a critical price, international oil companies are mining it on a large scale in Canada. I read an article about life in the Canadian mining areas; probably in the Wall Street Journal, the Economist, or the Smithsonian magazine. When the oil shale refineries start producing in large quantities, the price of crude will drop, but never to previous low levels since the cost of extracting oil from shale is considerably more than pumping it, according to the mining engineer. Gerry - Original Message - From: Hendrik Fay [EMAIL PROTECTED] And would cost a lot of money. I saw a program a while back on how they are getting oil out clay up in Canada or somewhere. To make this work the scale of the operation is enormous. Hendrik Royce Engler wrote: Hendrick said. OPEC is very shy of telling exactly how much they have left, so as to stuff the world around. Also China and other parts of the developing world are starting to use up vast quantities of oil. There may well be oil reserves under the oceans but getting at them will require technology that is still beyond us. I suppose it is in the interest of OPEC to not oversupply, cause once their oil runs out it's back to herding camels in the desert. Actually, deep water drilling is getting fairly common. It was new back in 2001 when I worked for Unocal (Now part of Chevron), but Chevron recently drilled a well in 7000 feet of water and 20,000 feet of seabed. That opens up a LOT of area for access. It does take about 10 years to get it drilled and on production. Royce ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] Gas prices hit record high
Don't hold your breath on oil shale. The energy and water requirements to process the shale and recover the oil are too daunting at present. On Fri, Feb 29, 2008 at 10:35 PM, archer [EMAIL PROTECTED] wrote: A mining engineer on another list said there is ten times the amount of oil in the Middle East contained in the oil shales in Canada and certain U.S. Western states. Now that the price of crude has exceeded a critical price, international oil companies are mining it on a large scale in Canada. I read an article about life in the Canadian mining areas; probably in the Wall Street Journal, the Economist, or the Smithsonian magazine. When the oil shale refineries start producing in large quantities, the price of crude will drop, but never to previous low levels since the cost of extracting oil from shale is considerably more than pumping it, according to the mining engineer. Gerry - Original Message - From: Hendrik Fay [EMAIL PROTECTED] And would cost a lot of money. I saw a program a while back on how they are getting oil out clay up in Canada or somewhere. To make this work the scale of the operation is enormous. Hendrik Royce Engler wrote: Hendrick said. OPEC is very shy of telling exactly how much they have left, so as to stuff the world around. Also China and other parts of the developing world are starting to use up vast quantities of oil. There may well be oil reserves under the oceans but getting at them will require technology that is still beyond us. I suppose it is in the interest of OPEC to not oversupply, cause once their oil runs out it's back to herding camels in the desert. Actually, deep water drilling is getting fairly common. It was new back in 2001 when I worked for Unocal (Now part of Chevron), but Chevron recently drilled a well in 7000 feet of water and 20,000 feet of seabed. That opens up a LOT of area for access. It does take about 10 years to get it drilled and on production. Royce ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] Gas prices hit record high
Are you seeing any drop in prices today? I hear on the radio that prices in Toronto have gone down about $0.03 this morning and it should happen accross the country shortly. I am holding off here on filling in the hope that they are correct as the price just went up yesterday. I need to fill but am not going to drive much today so will wait til tomorrow and see if it drops back down. It will only make a difference of about $3 on a fill maybe but it is sort of the principle of the thing at this point. Randy -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] Behalf Of Hendrik Fay Sent: Wednesday, February 27, 2008 6:55 PM To: Mercedes Discussion List Subject: Re: [MBZ] Gas prices hit record high OPEC is very shy of telling exactly how much they have left, so as to stuff the world around. Also China and other parts of the developing world are starting to use up vast quantities of oil. There may well be oil reserves under the oceans but getting at them will require technology that is still beyond us. I suppose it is in the interest of OPEC to not oversupply, cause once their oil runs out it's back to herding camels in the desert. Hendrik ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] Gas prices hit record high
Regular down .04 a litre here today. Ed 300E On 28/02/2008, R A Bennell [EMAIL PROTECTED] wrote: Are you seeing any drop in prices today? I hear on the radio that prices in Toronto have gone down about $0.03 this morning and it should happen accross the country shortly. I am holding off here on filling in the hope that they are correct as the price just went up yesterday. I need to fill but am not going to drive much today so will wait til tomorrow and see if it drops back down. It will only make a difference of about $3 on a fill maybe but it is sort of the principle of the thing at this point. Randy -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] Behalf Of Hendrik Fay Sent: Wednesday, February 27, 2008 6:55 PM To: Mercedes Discussion List Subject: Re: [MBZ] Gas prices hit record high OPEC is very shy of telling exactly how much they have left, so as to stuff the world around. Also China and other parts of the developing world are starting to use up vast quantities of oil. There may well be oil reserves under the oceans but getting at them will require technology that is still beyond us. I suppose it is in the interest of OPEC to not oversupply, cause once their oil runs out it's back to herding camels in the desert. Hendrik ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] Gas prices hit record high
I just paid $3.49 per gallon for diesel here in SCGrr! $64.00 to fill up to 300CD Dave H... -- From: E M [EMAIL PROTECTED] Sent: Thursday, February 28, 2008 1:31 PM To: Mercedes Discussion List mercedes@okiebenz.com Subject: Re: [MBZ] Gas prices hit record high Regular down .04 a litre here today. Ed 300E On 28/02/2008, R A Bennell [EMAIL PROTECTED] wrote: Are you seeing any drop in prices today? I hear on the radio that prices in Toronto have gone down about $0.03 this morning and it should happen accross the country shortly. I am holding off here on filling in the hope that they are correct as the price just went up yesterday. I need to fill but am not going to drive much today so will wait til tomorrow and see if it drops back down. It will only make a difference of about $3 on a fill maybe but it is sort of the principle of the thing at this point. Randy -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] Behalf Of Hendrik Fay Sent: Wednesday, February 27, 2008 6:55 PM To: Mercedes Discussion List Subject: Re: [MBZ] Gas prices hit record high OPEC is very shy of telling exactly how much they have left, so as to stuff the world around. Also China and other parts of the developing world are starting to use up vast quantities of oil. There may well be oil reserves under the oceans but getting at them will require technology that is still beyond us. I suppose it is in the interest of OPEC to not oversupply, cause once their oil runs out it's back to herding camels in the desert. Hendrik ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] Gas prices hit record high
crap. I remember when it used to cost about 12-14 to fill up my 123 diesel Dave H... wrote: I just paid $3.49 per gallon for diesel here in SCGrr! $64.00 to fill up to 300CD Dave H... -- From: E M [EMAIL PROTECTED] Sent: Thursday, February 28, 2008 1:31 PM To: Mercedes Discussion List mercedes@okiebenz.com Subject: Re: [MBZ] Gas prices hit record high Regular down .04 a litre here today. Ed 300E On 28/02/2008, R A Bennell [EMAIL PROTECTED] wrote: Are you seeing any drop in prices today? I hear on the radio that prices in Toronto have gone down about $0.03 this morning and it should happen accross the country shortly. I am holding off here on filling in the hope that they are correct as the price just went up yesterday. I need to fill but am not going to drive much today so will wait til tomorrow and see if it drops back down. It will only make a difference of about $3 on a fill maybe but it is sort of the principle of the thing at this point. Randy -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] Behalf Of Hendrik Fay Sent: Wednesday, February 27, 2008 6:55 PM To: Mercedes Discussion List Subject: Re: [MBZ] Gas prices hit record high OPEC is very shy of telling exactly how much they have left, so as to stuff the world around. Also China and other parts of the developing world are starting to use up vast quantities of oil. There may well be oil reserves under the oceans but getting at them will require technology that is still beyond us. I suppose it is in the interest of OPEC to not oversupply, cause once their oil runs out it's back to herding camels in the desert. Hendrik ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com -- Kaleb C. Striplin/Claremore, OK 94 E420, 92 300SD, 92 300D, 92 250D Turbo, 92 300E 4Matic, 91 300D, 90 420SEL, 89 560SEL, 89 260E, 87 300SDL, 85 380SE 5.0 Euro, 84 190D, 84 300D euro manny, 81 240D, 81 380SLC, 80 240D, 76 240D, 76 300D, 72 250C, 69 250 http://www.okiebenz.com ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] Gas prices hit record high
It's been $3.599 here for the last two weeks. Peter ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] Gas prices hit record high
Welcome to the real world, Diesel over here is way more than unleaded and has been for a while, about $1.45/liter vs 1.25 for unleaded. Hendrik Dave H... wrote: I just paid $3.49 per gallon for diesel here in SCGrr! $64.00 to fill up to 300CD Dave H... ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
[MBZ] Gas prices hit record high
*This is a good article from the center of the all bidness. --R Feb. 27, 2008, 5:48AM* Gas prices hit record high U.S. flush with supply, economy is weak, but a speculation-based rally driving costs By many measures, this shouldn't be a record week for oil and gasoline prices. Fuel inventories are at 14-month highs, gasoline demand is down nearly 4 percent from this time last year and the U.S. economy is sluggish. The country is so flush with gasoline it actually exported some to oil-rich Nigeria this month http://www.chron.com/disp/story.mpl/business/5573488.html ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] Gas prices hit record high
When is the bubble going to burst? Rich Thomas wrote: *This is a good article from the center of the all bidness. --R Feb. 27, 2008, 5:48AM* Gas prices hit record high U.S. flush with supply, economy is weak, but a speculation-based rally driving costs By many measures, this shouldn't be a record week for oil and gasoline prices. Fuel inventories are at 14-month highs, gasoline demand is down nearly 4 percent from this time last year and the U.S. economy is sluggish. The country is so flush with gasoline it actually exported some to oil-rich Nigeria this month http://www.chron.com/disp/story.mpl/business/5573488.html ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com -- Kaleb C. Striplin/Claremore, OK 94 E420, 92 300SD, 92 300D, 92 250D Turbo, 92 300E 4Matic, 91 300D, 90 420SEL, 89 560SEL, 89 260E, 87 300SDL, 85 380SE 5.0 Euro, 84 190D, 84 300D euro manny, 81 240D, 81 380SLC, 80 240D, 76 240D, 76 300D, 72 250C, 69 250 http://www.okiebenz.com ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] Gas prices hit record high
Kaleb C. Striplin wrote: When is the bubble going to burst? If Peak Oil holds true, it's not a bubble. Our efforts to destabilize the middle east over the last 5-6 years may have just hastened the inevitable. Mitch. ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] Gas prices hit record high
i'm very suspicious of this whole thing. for a decade, nobody has any clue that there is a shortage of oil and then suddenly everyone says oh and the cost increases 10 fold?? On Wed, Feb 27, 2008 at 1:54 PM, Mitch Haley [EMAIL PROTECTED] wrote: Kaleb C. Striplin wrote: When is the bubble going to burst? If Peak Oil holds true, it's not a bubble. Our efforts to destabilize the middle east over the last 5-6 years may have just hastened the inevitable. Mitch. ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] Gas prices hit record high
yea, thats true Mitch Haley wrote: Kaleb C. Striplin wrote: When is the bubble going to burst? If Peak Oil holds true, it's not a bubble. Our efforts to destabilize the middle east over the last 5-6 years may have just hastened the inevitable. Mitch. ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com -- Kaleb C. Striplin/Claremore, OK 94 E420, 92 300SD, 92 300D, 92 250D Turbo, 92 300E 4Matic, 91 300D, 90 420SEL, 89 560SEL, 89 260E, 87 300SDL, 85 380SE 5.0 Euro, 84 190D, 84 300D euro manny, 81 240D, 81 380SLC, 80 240D, 76 240D, 76 300D, 72 250C, 69 250 http://www.okiebenz.com ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] Gas prices hit record high
The traders keep blowing bubbles then bursting them, and making money while they do it. So the answer is never. That article says there is no good (or any) reason (based on the usual factors) why oil is $100/bbl and gas shot up $0.30 overnight or in a couple of days. And reserves keep being found that expand the potential supply of the stuff, might cost a bit more to get it, but its there. So, when you figure out the answer, you can become a trader and make millions so you won't ever have to worry or whine or have any sorts of concerns about the price. In the meantime you can buy stock in the oil companies. --R Kaleb C. Striplin wrote: When is the bubble going to burst? Rich Thomas wrote: *This is a good article from the center of the all bidness. --R Feb. 27, 2008, 5:48AM* Gas prices hit record high U.S. flush with supply, economy is weak, but a speculation-based rally driving costs By many measures, this shouldn't be a record week for oil and gasoline prices. Fuel inventories are at 14-month highs, gasoline demand is down nearly 4 percent from this time last year and the U.S. economy is sluggish. The country is so flush with gasoline it actually exported some to oil-rich Nigeria this month http://www.chron.com/disp/story.mpl/business/5573488.html ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
Re: [MBZ] Gas prices hit record high
OPEC is very shy of telling exactly how much they have left, so as to stuff the world around. Also China and other parts of the developing world are starting to use up vast quantities of oil. There may well be oil reserves under the oceans but getting at them will require technology that is still beyond us. I suppose it is in the interest of OPEC to not oversupply, cause once their oil runs out it's back to herding camels in the desert. Hendrik Gary Hurst wrote: i'm very suspicious of this whole thing. for a decade, nobody has any clue that there is a shortage of oil and then suddenly everyone says oh and the cost increases 10 fold?? On Wed, Feb 27, 2008 at 1:54 PM, Mitch Haley [EMAIL PROTECTED] wrote: ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com