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#41
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Avgas Coming Down?
"OtisWinslow" wrote in message ... I think they should all be nationalized. Oh, that'll do a lot of good! I used to think you were smart. A responsible oil company should charge you as much as you are willing to pay. |
#42
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Avgas Coming Down?
There is plenty of oil in the ground, oil is not a finite
material, it is produced by the Earth. The rate of production (by the earth) is much less than the rate of consumption. It's not like growing trees, it's more like harvesting dinosaurs. Jose -- The monkey turns the crank and thinks he's making the music. for Email, make the obvious change in the address. |
#43
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Avgas Coming Down?
("Jose" wrote)
The rate of production (by the earth) is much less than the rate of consumption. It's not like growing trees, it's more like harvesting dinosaurs. Some would disagree: http://www.enviroliteracy.org/article.php/1130.html "Abiotic Theory of Oil Formation" http://www.wired.com/wired/archive/8.07/gold_pr.html "Fuel's Paradise" http://www.amazon.com/gp/product/038...lance&n=283155 "The Deep Hot Biosphere" - Thomas Gold Montblack-gold |
#44
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Avgas Coming Down?
Some would disagree...
The three links point to theories by Gold, about formation of oil in the mantle. "Inorganically" says one - well, where does the carbon come from? In any case, even if the theories were true (they have yet to be satisfactorily tested), they don't indicate that oil formation is any faster than dinosaur speed. We are using it up at jet speed. Jose -- The monkey turns the crank and thinks he's making the music. for Email, make the obvious change in the address. |
#45
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Avgas Coming Down?
100LL at my home airport went from $3.64/gal to $3.05/gal today. Wow,
what a drop. -- Regards, Ross C-172F 180HP KSWI |
#46
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Avgas Coming Down?
"Montblack" wrote in message ... ("Jose" wrote) The rate of production (by the earth) is much less than the rate of consumption. It's not like growing trees, it's more like harvesting dinosaurs. Some would disagree: Some believe in Intelligent Design, flat earth, and astrology. |
#47
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Avgas Coming Down?
me wrote: O.K. Robert I guess your free market theories don't take in to account there illegal activities huh ! "This story ran on nwitimes.com on Wednesday, August 30, 2006 12:12 AM CDT WASHINGTON | Federal investigators are reportedly looking into whether BP PLC manipulated crude-oil and gasoline markets, the latest in a string of inquiries into the British oil company." Sounds like a great example of how our country works. The article starts out with "Federal Investigators are reportedly looking into". This means we find illegal activity that may hinder the free market, we investigate, and we put those at fault in jail. What more could you ask for, Communism? -Robert |
#48
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Avgas Coming Down?
Jim Macklin wrote: The USA needs to build refineries, drill where ever oil is located, or go back to walking and riding animals. Nuclear power for cars is a long way away. What other power source is there? Yes. And the end effect of the gov't restricting where oil can be drilled is higher gas prices. There is a price to be paid for gov't restrictions. We have to ask if we're willing to pay it. The problem is that most people don't realize they're paying it. -Robert |
#49
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Avgas Coming Down?
I would actually argue that you have a valid point (hard to believe,
huh). As a society we need to decide what role we want gov't to play in the daily working of society. Some people believe the gov't should take the responsibility for the primary necessities of life (food, shelter, fuel) etc. In this system the gov't chooses the prices and allocates the resources based on need (since the prices are always such that there is more demand then supply). However, I would submit to you that examples of such gov'ts (Soviet Union, Cuba, China) have much more corruption because the system rewards with power those that rise up in gov't. It also fails to provide incentive for innovation. The other side is to say the gov't should stay out of my business. Just provide the things that don't make sense for me to do myself (national defense, roads, etc). However, even in this world you need a gov't to ensure people are playing by the fair rules of free market (not price fixing, etc). I would submit to you that the end result of this system is a much more efficient allocation of resources, more opportunities for people to fairly succeed and a higher standard of living since suppliers are rewarded for producing more products more efficiently. -Robert OtisWinslow wrote: I think they should all be nationalized. A responsible oil company should charge you as much as you are willing to pay. |
#50
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Avgas Coming Down?
At the end of WWII the Japanese sent their largest
battleship to defend Okinawa with only enough fuel to make the trip one-way. We sank it before it got there. European oil was in limited supply. The US Army Air Corps bombed the German controlled oil field in Eastern Europe and the refineries. Germany developed synthetic oil. "Robert M. Gary" wrote in message oups.com... | | Jim Macklin wrote: | The USA needs to build refineries, drill where ever oil is | located, or go back to walking and riding animals. Nuclear | power for cars is a long way away. What other power source | is there? | | Yes. And the end effect of the gov't restricting where oil can be | drilled is higher gas prices. There is a price to be paid for gov't | restrictions. We have to ask if we're willing to pay it. The problem is | that most people don't realize they're paying it. | | -Robert | |
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