StoneyPgh
New Kensington, PA Steeler Country
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Joined: 05/16/2004
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Can't believe it! Gas went from $3.959 to $3.899 today!
What's up with that?
Peter & Nancy --- We never had a bad day camping
'03 Silverado 2500HD LS XC SB 4X4 8.1L/Ally 3.73
Reese Pro Series 15K Kwik Slide Prodigy Controller
'08 Trail Cruiser TC527RL Rear Lounge V-Series 5er
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topflite51
In The Desert of Nevada
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Joined: 05/13/2004
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StoneyPgh wrote:Can't believe it! Gas went from $3.959 to $3.899 today!
What's up with that? Holiday is over.![[emoticon]](http://www.coastresorts.com/sharedcontent/cfb/images/biggrin.gif "biggrin")
">David
Just rolling along enjoying life
w/F53 Southwind towing a 87 Samurai or 01 Grand Vitara looking to fish
Simply Despicable ">
Any errors are a result of CRS.">
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traxtermax
UPSTATE NEW YORK
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Joined: 05/26/2004
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You mean ethanol?
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ML
Livingston TX
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Joined: 02/14/2004
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I have been reading a thread on another forum about fuel prices. A couple of interesting links:
Alaskans want drilling in ANWR (Arctic National Wildlife Refuge), Rep Don Young on ANWR : VIDEO
Arctic National Wildlife Refuge Oil
Suggested Action Item:
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Kenneth
Washington, the state
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Joined: 03/20/2001
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THE FACTS ABOUT DRILLING IN ANWR
--quote--
According to the Energy Information Administration's Petroleum Basic Statistics for the year 2007, the United States uses 7,554,601,000 barrels/year of oil. Let's call that 7.55 billion barrels/year. According to the USGS ANWR survey, the absolute best case scenario from the ANWR oil fields --which includes non-federal land (i.e. State and Native areas)-- puts it at 15.96 billion barrels of oil.
In the absolute best case scenario for recovering ANWR oil, it would provide 2.11 years of oil. That "2.11 years" is assuming the Magic Oil Fairy™ comes along and zaps all the oil out of the ground in one fell swoop. Here in the real world, that ain't going to happen. The EIA did a study that was released just this month. In said report, every scenario they run numbers on assumes ANWR oil production beginning in 2018. That makes "ANWR drilling as a solution for current gas prices" even sillier than a federal gas tax holiday.
The EIA study also found that "ANWR oil production is not projected to have a large impact on world oil prices." Why? Because those dang OPEC countries would just lower their output to keep total world production in the supply/demand/futures market sweet spot it's in right now. Oh, those tricky bastiches!
So we have 2.11 years of oil that we can start getting to market in about 10 years. Under the EIA's high-resource-case scenario, ANWR production would peak at 1,450,000 barrels per day in 2028. For perspective, that is 7% of today's daily usage.
What all this jumble of numbers and research points to is that ANWR drilling is not going to help our current gas prices. In fact, it wouldn't help gas prices at all. It will not do anything to relieve us of our dependence on foreign oil for perhaps a decade. Should drilling occur, it could provide as much as 7% of our current daily usage for a very short amount of time. Even while in production, it will not significantly reduce our dependence on oil imports.
If the U.S. Government were to aggressively pursue a policy of higher fuel efficiency standards, energy efficiency, conservation, and alternative fuel sources, don't you think we could come up with something more substantial by 2018? What about 2028? This is the country that went to the moon in under a decade.
--end quote--
http://www.dailykos.com/storyonly/2008/5/28/10498/2730/680/524102
I'm free of prostate cancer for 5 years now.
All men over age 50 should get an annual PSA blood test. Mine had a low reading, but the yearly jump was significant. The biopsy showed cancer just entering the aggressive stage. Dr. Hackenslash removed it.
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nickthehunter
Midwest
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Joined: 07/18/2005
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No one is saying ANWR is the total answer. I believe he was using ANWR as an example to explain the point he was making (i.e.: environmentalists).
ANWR is just one piece of a large puzzle. Other pieces would include Bakken, off shore, and other known sources, vehicles with better fuel economy, alternative sources of energy, better decisions by consumers (e.g.: live closer to work, carpool, take a bus, etc.). These and many more are just small pieces in a much larger puzzle.
But the point is, we have to do something, sooner rather than later. Because if we keep doing the same things, the same way, we can expect the same results. Higher and higher spiraling prices.
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2oldman
NM
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Joined: 04/15/2001
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Nuclear, nuclear, nuclear. That's my stance, and has been for 30 years.
It's hard to argue with a submarine that has to be refueled every 20 years.
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Sea Dog
Ontario Can.
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Joined: 04/15/2001
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Quote Canadian source:
Energy board: Gas prices to stay high all summer
By THE CANADIAN PRESS
2008-05-28 12:05:00
CALGARY - National Energy Board says there won't be any relief from high gasoline prices this summer.
The board's summer outlook says the main reason is the soaring cost of crude oil, which is expected to average US$130 a barrel. The board says natural gas prices are going up, too.
Price of natural gas is expected to remain between US$11 and US$13 per million per thousand cubic feet.
Life is short,Death is long,
Take a vacation.
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AO_hitech
SF Bay Area
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Joined: 08/09/2004
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Oil prices down slightly today on news that demand has dropped. I guess we have found the threshold of pain...
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JFG
TN
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Joined: 07/01/2007
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During the oil embargo of 1978, gas was $1.55/gal... adjusting for inflation, that $5.86 today. We are hurting... no doubt about it... but it could be worse.
Fred
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