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wing_zealot

East of the Mississippi

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Posted: 05/23/08 06:21am Link  |  Quote  |  Print  |  Notify Moderator

It's plain for me to see that a lot of you are going to continue to believe you are blameless and it's some big bad wolf out to get you. Then you howl "Poor Me, the big bad wolf is eating me up".

I'd love to see a poll on how many think its "Supply and Demand" and how many think it's "Someone Gouging Me (other than OPEC)"

Good Luck - many of you have apparently bought into the big bad wolf theory big time and there ain't no convincing you otherwise. I sure ain't buying what your selling. I'm Outta Here.

* This post was last edited 05/23/08 06:55am by wing_zealot *   View edit history

wing_zealot

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Posted: 05/23/08 06:24am Link  |  Quote  |  Print  |  Notify Moderator

TroyD wrote:

The obvious thing to do would be to take over the oil wells if we were being ripped off and our economy put in jeopardy, problem is, "Our Representatives" in government are friends with the gougers.

Are you for real? Please tell me you know where the majority of the oil is coming from and that you just had a temporary brain fart.

willald

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Posted: 05/23/08 06:32am Link  |  Quote  |  Print  |  Notify Moderator

Ahhh, really glad to see that the mods finally put an end to the nonsense, and put a stop to the 50 zillion separate threads a day rehashing the same topic. Now, its all in this one 'sticky' thread, much better approach. [emoticon]

One thing I will say about this: If expensive fuel is supposed to be making people stay home and camp less, you sure can't tell it around here!! Just yesterday, I called one of our favorite campgrounds, was gonna make reservations to stay there later in June. Guess what? They are ALREADY practically booked solid, for almost all of June and into July! Sure doesnt seem to me like anybody is cutting back any!

Just maybe, some have realized this is NOT the end of the world, and there are ways to live just fine with the higher fuel prices, and balance your budget back out in other places. Thats what we've always been doing, and will continue to.


Will and Cheryl
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woodworker40

Western Pa.

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Posted: 05/23/08 06:54am Link  |  Quote  |  Print  |  Notify Moderator

We all rant and rave about the problem, but what can we as an individual really do? First I think we should all get out and vote, and get rid of all the big money people running our country. They don't have a problem with the high price of gas like the working people do.
The big oil companies are making sooooooo much profit each quarter it not funny. With that said then why do they raise the price of gas within hours of the barrel of oil going up. Can't they suck up some of the increase themselves? I would not complain if only they were really working on a way to bring down the price of gas. The only thing they are doing is holding out both hands. I don't care what some people say there is a point where this (gas problem) will destroy our way of life and I believe it not very far away.
Being retired we have a limited income and the camping game for us is coming to a stop until the price of gas gets under control.

Sea Dog

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Posted: 05/23/08 07:20am Link  |  Quote  |  Print  |  Notify Moderator

Did anyone see T Boone Pickins on Glenn Beck last night?

He is investing heavily in wind farms, says the days of cheap and easy oil are past.
When asked if prices at the pump would come down. he just laughed and said that six dollar gas is not far away.

I truly believe that our economy is going to be much different in five years.
I would hate to have money in anything that requires discretionary spending.

I am not overly concerned for myself, I think that we could easily cut back by thirty percent and to fifty percent of our spending with a little effort.

For instance, we lease a lot year around in Florida, even tho we only use it for three months.
Cost, four thousand dollars.
That will buy around a thousand gallons of gas which is more than we presently burn in our non RV vehicles per year.

Altho this might be an extreme case, we all waste thousands of dollars each year on purchases that our parents and grandparents never dreamed of.


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eltejano1

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Posted: 05/23/08 07:28am Link  |  Quote  |  Print  |  Notify Moderator

Willald:

Maybe the full campgrounds are the result of more "destination" oriented trips rather than traveling every day. If so, that's positive. A lot of fuel will be saved by simply going to a campground or state park and spend the vacation there.

I never did like that. I always enjoyed keeping on the move. But that sort of thing would be prohibitive now.

I think this does indeed have the potential of being the end of OUR world as we know it, Willald.

Wing Zealot:

Sorry to see you go, but we've said about as much as we can say here. I guess I'll hang it up to. I'm starting to repeat myself. I think our point of view - that something has to be done to cut that 20.7 million barrels/day consumption -is the right approach.

Everyone here, with the possible exception of Joe :-), will eventually realize that you were right. In fact, I think they realize it now but just can't face-up it.

We are witnessing the end of an era, a major historical transition on a par with the Industrial Revolution of the nineteenth century - it's just that everything moves at such a rapid pace today, with modern communications and all, that people don't have time to adapt. Social and tech changes that used to take decades now happen in mere years, maybe even months.

There was a time when a strong military power - England, Rome, Japan, USSR, simply took by force of arms the resources they needed. But raw imperialism is no longer acceptable in the modern world and we are going to have to make drastic lifestyle changes to cope with much less petroleum, as the europeans already have.

We can't, as you have said, expect a private corporation to act in the public interest. That's 180 degrees away from what capitalism is all about. But, since energy really is a "public utility' in many ways, since people can't do without it, I look for massive regulation of the oil industry, possibly even involving price controls and rationing, and even a possibility of eventual nationalization - which is already a reality in most of the world. In any case, with the nearly inevitable regulation, rv'ing has no future. It's going to be a dinosaur that will be cited for a century as an example of wasteful affluence - with about the same social status as smoking.

It is already true that when we buy recreational fuel at these prices we are driving-up prices and hurting everyone. The govt will address that - probably after the election. This will likely develop as the #1 issue in the fall campaign, and the sides will line up traditionally, with Obama pushing FDR style intervention and McCain insisting on leaving it up to free market forces. It should be interesting - perhaps the hottest campaign since 1932 - and most likely a Democrat landslide.

It's over, folks.

Jack

Sea Dog

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Posted: 05/23/08 07:56am Link  |  Quote  |  Print  |  Notify Moderator

You know, I was thinking after my post above.
Really we can easily cut back in ways that we do not even realize where we are spending.

For instance, last night we went as we often do, to the Legion fish fry.
Only nine bucks each, I always drop the change from a twenty into the tip jar.
There is twenty bucks that we do not need to spend.
I do not believe that my parents ate in a restaurant more than a dozen times during their lives.

We are going today to buy shrubs for the foundation.
Probably one or two hundred bucks.
When I was a kid, any "landscaping" consisted of trees dug out of the woods.

Yes, there are many ways we can cut back.
Soon, when push comes to shove, we will all learn how.

nickthehunter

Midwest

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Posted: 05/23/08 08:06am Link  |  Quote  |  Print  |  Notify Moderator

TroyD wrote:

wing_zealot wrote:

Speculation - lots of speculation but very little hard evidence. Prices are high because Big Oil companies are closing refineries to lower the supply and drive up demand Prices are high because Oil Speculators are jacking up the price. Prices are high because Bush is in office and he is an oil man. WE got enough oil for the next 60 years, its ________ fault. yadda yadda yadda.

Folks, in the United States alone we burn through 20.7 Million barrels of oil each and every day. You have any concept on how huge a pile that many barrels of oil is? Every day - being pumped out of the earth. And all that oil for just one little corner of the world? Now add in China, Canada, Japan, etc. etc. etc. How long do you think we can sustain that thirst? And you speculate about what is driving up the price of oil. It's hard to put the blame squarely on our own shoulders, it's easier just to blame someone else. Seems pretty clear to me. But hey, what do I know.


Yes, I do know how big that is, its a cube of oil about 475 feet square. A little more than 2 square acres.

Do you know how small 2 square acres is when you compare it with the enormity of the entire earth???

Running out of oil my foot.

Imagine, the entire USA uses a pool of oil every YEAR only 1.25 square miles by about 5 stories tall.

You would have to use the entire continent of the unites states to grow enough corn or soybeans and then you wouldnt have anywhere to grow food if you wanted to replace petroleum oil with biofuels.

You forgot to mention that that pile of oil would be 1,332 feet high on that two acres. Every day, two acres, 1,332 feet high. And your "about" five stories high, really works out to be 1,520 feet high per square mile every year. How does that look to you now?

Now I understand you used terms that kind of muddied the waters a bit shall we say (a cube on two square acres, and 1.25 sq miles, etc). And you can argue that point. But rather than mud, lets just spell it out in plain english, with units that everyone can understand, like two acres and a square mile.

That is also, if a barrel of oil is 42 gallons. Actually I'm not sure, it could be 55 gallons and I have even heard oil is 80 gallons of oil per barrel so you can see I may be off by as much as a factor of "about" 2, which would make that five stories "about" 3,000 feet high per sq mile.

* This post was last edited 05/23/08 08:37am by nickthehunter *   View edit history

The Weekenders

Harvey, North Dakota

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Posted: 05/23/08 08:52am Link  |  Quote  |  Print  |  Notify Moderator

eltejano1 wrote:

Willald:

Maybe the full campgrounds are the result of more "destination" oriented trips rather than traveling every day. If so, that's positive. A lot of fuel will be saved by simply going to a campground or state park and spend the vacation there.

I never did like that. I always enjoyed keeping on the move. But that sort of thing would be prohibitive now.

I think this does indeed have the potential of being the end of OUR world as we know it, Willald.

Wing Zealot:

Sorry to see you go, but we've said about as much as we can say here. I guess I'll hang it up to. I'm starting to repeat myself. I think our point of view - that something has to be done to cut that 20.7 million barrels/day consumption -is the right approach.

Everyone here, with the possible exception of Joe :-), will eventually realize that you were right. In fact, I think they realize it now but just can't face-up it.

We are witnessing the end of an era, a major historical transition on a par with the Industrial Revolution of the nineteenth century - it's just that everything moves at such a rapid pace today, with modern communications and all, that people don't have time to adapt. Social and tech changes that used to take decades now happen in mere years, maybe even months.

There was a time when a strong military power - England, Rome, Japan, USSR, simply took by force of arms the resources they needed. But raw imperialism is no longer acceptable in the modern world and we are going to have to make drastic lifestyle changes to cope with much less petroleum, as the europeans already have.

We can't, as you have said, expect a private corporation to act in the public interest. That's 180 degrees away from what capitalism is all about. But, since energy really is a "public utility' in many ways, since people can't do without it, I look for massive regulation of the oil industry, possibly even involving price controls and rationing, and even a possibility of eventual nationalization - which is already a reality in most of the world. In any case, with the nearly inevitable regulation, rv'ing has no future. It's going to be a dinosaur that will be cited for a century as an example of wasteful affluence - with about the same social status as smoking.

It is already true that when we buy recreational fuel at these prices we are driving-up prices and hurting everyone. The govt will address that - probably after the election. This will likely develop as the #1 issue in the fall campaign, and the sides will line up traditionally, with Obama pushing FDR style intervention and McCain insisting on leaving it up to free market forces. It should be interesting - perhaps the hottest campaign since 1932 - and most likely a Democrat landslide.

It's over, folks.

Jack



I have never heard so much "The sky is falling" as this post. Jeez you make me feel like just giving up and hiding under a rock. Jack, I would recommend listening to comedy such as Abott and Costello, Grouch Marx etc which I am sure will improve your outlook on life. JMO

Rick

* This post was edited 05/23/08 09:02am by The Weekenders *


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j.l.shand

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Posted: 05/23/08 09:24am Link  |  Quote  |  Print  |  Notify Moderator

We are really naive if we don't believe that significant "non" economic factors have paid a part in this crazy oil price run-up.

1. yes there is a finite supply of the stuff but we are not there yet

2. yes, china and India are using significantly more oil but they are still relatively small parts of the puzzle (USA 20.7 million barrels Chine 3.7)

3. Yes there is vast collusion to price fix among the big oil companies as well movement of supply (particularly diesel) to non US markets.
A. the sophistication of computerized management tools has reached very step of the process including reporting.can be mangaged and everything manipulated.

4. Big business is far more sophisticated in its machinery to avoid regulation than at any time in this nations history.
A . this sophistication most certainly includes market manipulation , price collusion and tax avoidance.

5. Wall Street type commodity speculation is rampant with no control and no understanding outside the operators

6. The books are being cooked by public companies with the aide of their high priced Big 4 Accountants to a degree of sophistication only the power of computing could provide.
A. remember ENRON?
B. the relatively modest 8-10 % percent profits of the Big Oil companies are a tribute to the power of the computer age . A huge amount of profit is hidden "off the books" thru the use of creative accounting. Again see ENRON

7. As noted in his current book "Bad Money' Kevin Phillips
( The Emerging Republican Majority)there has been a dramatic flip flop
in the American way of doing businees with the financial sector and all its implications {CDO"S , Off Balance Sheet entities etc} now the largest percentage of GDP, over 20% with a shrinking manufacturing share of less tha 10% of GDP.
A. the financial sector has invented tools that can confuse the most sophisticated investor, And these tools are utilized by the ENRONS of this world to fool investors, shareholders and GOVERNMENT REgULATORY AUTHORITIES.

8.. Lobbying is the fastest growing occupation for ex congresspeople in the nations capital. And the most powerful belong to the oil industry .

In short our economy has turned to little comprehended and largely unregulated money players who have the tools and often the inclination to drive markets up and down at a whim. The equilibrium of unrestrained capitalism and government necessitated regulation has swung way over to big business , the rich are getting richer and the rest of the economy is at their mercy

THe solutions are very difficult

1. short term severe cutback in use of oil and gas (sure!!!
2. significant strengthening of government regulation extending to big business and Wall Street with a special emphasis on regulation of the new financial "tools' referred to earlier {where is old Joe Kennedy when his country needs him?
3. Laws to inhibit our lawmakers from switching to lobbying
4. term limits to preclude service from being so financially rewarding
5 a limited term serving congress more concerned about this country than its own pocketbooks and which will ENACT A LONG TERM ENERGY POLICY FOR THE USA

P.S. I neglected to add that at approximately 4% of the worlds population, our use of approx 25%% of its energy can't continue indefinitly.

* This post was edited 05/23/08 09:36am by j.l.shand *


joel shandalow

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