The price of gas

I want an engine I can run either way.


"Teacherjh" wrote in message
...

thanks to the unequaled productivity of
American workers


How measured? GNP per capita is not necessarily a good measure. How
about GNP
per salary dollar? That more closely reflects what business is looking at
when
they choose to outsource.

Do you want a high efficiency engine, or a high output engine? Depends
how you
want to fly.

Jose

--
(for Email, make the obvious changes in my address)

I agree that refining capacity has been impacted by various enviornmental
regs. These haven't affected drilling (and hence production) much though.

Mike
MU-2
"Tom Sixkiller" wrote in message
...

"Peter Gottlieb" wrote in message
et...
This doesn't sound right. Are you saying the "EPA and others," meaning
government regulation, reduced the oil well reserves?

Reserves (from the time) and known resources are much higher than what
we're
extracting.



"Tom Sixkiller" wrote in message
news

Production peaked due to interference by EPA and others, not due to
availability or resources. IOW he was right for the wrong reasons.

When it is profitable enough then more refining capacity will be built. On
the production side, the market is telling you that it is not very
attractive to drill at recent prices.

Mike
MU-2

"Peter Gottlieb" wrote in message
et...
Wasn't there an article in the WSJ a week or two ago where some oil
company
execs said the regs weren't the primary issue?

I didn't look into it further. What's the problem? Failure of the
marketplace to place sufficient refining capacity on line? The price of
bringing more well capacity online is too high or unpalatable to the
public?
What? Or is it working the way it's supposed to and there are just a
bunch
of people annoyed at higher prices?

Are you an expert in the field (no pun intended) or just going with a gut
feeling? Just curious, because while I would gladly discuss with someone
with significant industry knowledge I really don't have any time to debate
environmental politics or with someone who bases their knowledge on one
party's propaganda (either one). No offense but it's late.


"Tom Sixkiller" wrote in message
...

"Peter Gottlieb" wrote in message
et...
This doesn't sound right. Are you saying the "EPA and others,"
meaning
government regulation, reduced the oil well reserves?

Reserves (from the time) and known resources are much higher than what
we're
extracting.

How measured?

Productivity is measured by the factors that measure productivity.
Basically, you divide Gross National Product by hours worked, adjust
for inflation, etc etc.

Asking how you measure productivity is like asking how you measure
speed. You do it with the tools developed for that purpose.

Over the past hundred years, nothing like the American growth engine
has ever been seen. That doesn't necessarily mean that we can continue
to ride the unicycle for another hundred years, but I would rather
start down the road on the American unicycle than on any other.


all the best -- Dan Ford
email: (put Cubdriver in subject line)

The Warbird's Forum www.warbirdforum.com
The Piper Cub Forum www.pipercubforum.com
Viva Bush! blog www.vivabush.org

Check out how much it costs to get past the EPA and the rest fo the
government alphabet soup to build refining capacity, to drill, or other
facilities.

You can extend that statement to EVERYTHING nowadays.

You should see the cost of all the various EPA reports just for our airport
to extend a friggin' runway by a 1000 feet. It's incredible.

Best of all, we have paid this fee (really a "hidden" tax) over and over,
because OTHER government agencies have conspired to delay or change the
design of this runway a dozen times, over the last 10 of 15 years.

And each time the plan is changed, guess what? You need ANOTHER
"environmental impact statement"...

The company that contracts this service simply massages the old data,
reissues it in new book form, and cashes yet another check.

What a scam.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

When it is profitable enough then more refining capacity will be built.
On
the production side, the market is telling you that it is not very
attractive to drill at recent prices.

I was under the impression that restrictive EPA regulations had essentially
halted new refinery construction?
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

You can extend that statement to EVERYTHING nowadays.

You should see the cost of all the various EPA reports just for our airport
to extend a friggin' runway by a 1000 feet. It's incredible.

Best of all, we have paid this fee (really a "hidden" tax) over and over,
because OTHER government agencies have conspired to delay or change the
design of this runway a dozen times, over the last 10 of 15 years.

And each time the plan is changed, guess what? You need ANOTHER
"environmental impact statement"...

The company that contracts this service simply massages the old data,
reissues it in new book form, and cashes yet another check.

What a scam.

WWW.lp.org

Are you ready yet? Or do you have to be punished some more?

I will be in Atlanta Memorial Day weekend for the Libertarian Party convention.
Those who can attend, should and those who cannot, it will be on C-Span.


--
Wm. Donald (Don) Tabor Jr., DDS
PP-ASEL
Chesapeake, VA - CPK, PVG

"Jay Honeck" writes:

Check out how much it costs to get past the EPA and the rest fo the
government alphabet soup to build refining capacity, to drill, or other
facilities.

You can extend that statement to EVERYTHING nowadays.

You should see the cost of all the various EPA reports just for our airport
to extend a friggin' runway by a 1000 feet. It's incredible.

Jay, as I recall, you haven't traveled outside of the country. Too
bad, 'cause then you could see the cost of living without something
like the EPA or other agencies.

With all their problems, the government alphabet agencies have made
this a better place to live. Have they done so in a perfectly
efficient manner? No. But I sure don't see a mass exodus from the
USA to Mexico, other 3rd world countries, or even to Europe. Maybe
we've got a somewhat balanced approach here.

"Jay Honeck" writes:

When it is profitable enough then more refining capacity will be built.
On
the production side, the market is telling you that it is not very
attractive to drill at recent prices.

I was under the impression that restrictive EPA regulations had essentially
halted new refinery construction?

Caveat: I know as much about the refinery business as Jay ;-)

EPA regulations don't "halt new refinery construction." Their
safeguards no doubt make it more expensive. My guess is the same as
an earlier poster: until the price of gasoline rises enough to pay for
the extra costs, new refineries won't be built. It's pretty simple.
Awww, now we can't fly our toys for cheap.

Don't like it? Write your representatives and vote. Or move to any
3rd world country where the same multi-national corporations regularly
destroy the surrounding environment and have periodic disasters with
their equipment, killing people and causing further damage. It's not
that they're particularly evil or even greedy, they're just doing
business according to the local rules. Ours are tougher.

Bob Fry wrote:

Awww, now we can't fly our toys for cheap.

So now gas is 27% of the cost of ownership instead of 25%?


All the best,


David