cost of gas

Boondock · 07-10-2005, 09:49 PM

i've been hearing rumors that oil is going to be near $100 per barrel by winter and that is going to fuck gas prices up.

what do you pay in your ares for a gallon. i think i just got some for $2.30

here are some prices in other places converted to US dollars

Japan Tokyo $4.24
Ireland Dublin $4.78
France Paris $5.54
Italy Milan $5.96
Netherlands Amsterdam $6.48

gilligan · 07-10-2005, 09:52 PM

i dont see it going up another 40$ a barrell

i paid 2.14.

Boondock · 07-10-2005, 09:53 PM

Originally Posted by Gilligan

i dont see it going up another 40$ a barrell

i paid 2.14.

i'm trying to find a lnk but i can't. i think the $100 dollar figure is being tossed out as a worst case but i guess about $80 seems to be the general thought

Jugador · 07-10-2005, 09:57 PM

man fuck this cost of a barrel bullshit, prices go up, gas prices go up the next day, im pretty sure the oil purchased after an increase SHOULD take like 6 months to see the effects. its all a made up system to make up ever-increasing gas prices.

gilligan · 07-10-2005, 09:59 PM

yea dude its like a bottleneck, the gas comes in but doesnt have many places to go.

Fucking OPEC.

Boondock · 07-10-2005, 10:00 PM

this is a lobg read that i copied..pretty interesting

Apocalyptic scenarios, without evidence, proliferate too much media. Perhaps these draw attention from actual concerns that are proven and affect every facet of modern civilization. But many experts do report the dire nature of oil consumption versus reserve capacity. For example, the article, "Demographic Demand and Peak Oil," by Andrew McKillop of Petroleumworld.com (linked below), is an industry insider's account of the facts. Given the worldwide supply and demand requires the discovery of reserves equivalent to "a new Saudi Arabia every 2 years."

Hydrocarbons are poised to become the most valuable commodity ever known. Though rarely reported, the peak of petroleum production was in 2000. Alternatively, liberal estimates place the peak in 2008. While demand grows unabated, the quantity of oil that CAN be extracted is now decreasing more rapidly than ever. And there is no surprise actually, total reserves started dropping in 1859 when the first well was completed. Finally in 1965, new discoveries of potential reserves peaked. Since then due to crises, conservation efforts barely slowed exponential demand increases. Now that supply is ever-decreasing, those who control it are poised to make many billions, perhaps trillions. Because wars are waged for resources (whatever the ulterior motive), national interests require forces to be deployed in critical territories. Is there any way that the US would let itself be left out of the game of the millenium?

This not a re-run of the oil crises of the 1970s. They were like the tremors before an earthquake, but serious enough to tip the world into recession. Now comes the tremblor itself. However, the present shock is very different. It is driven by resource constraints, not politics, but of course political factors are considerable. Moreover, it is not a temporary interruption but the onset of a permanent new condition. The warning flags have been flying for a long time. They have been plain to see, but the world turned a blind eye, and message remained unread.

Petroleum is absolutely not renewable unless you count a pitifully tiny fraction of biodiesel. However, huge resources could be obtained if oil sands and shales could be exploited. But in that form, it takes more energy to extract the oil than can be generated from it. Even if a more efficient means of extraction is developed, it simply could never be as cost effective as pumping liquid from wells. Hence, expensive petroleum would result, and would not allay the current conumdrum. Similarly, ethanol also consumes more energy per gallon to produce than it can generate. The only reason that it is a fuel additive at present is due to huge, Republican farm subsidies. Timely warnings went unheeded, now we pay for the myopia.

Little of the popular media is interested, perhaps it is far too unpopular to report. But a cursory search of "peak oil" produces manifold confirmation of the foregoing assertions from credible sources. Here's a few:

http://www.petroleumworld.com/SuF072703.htm

http://www.peakoil.net/

http://www.mbendi.co.za/indy/oilg/p0070.htm

http://hubbert.mines.edu/news/Ivanhoe_02-4.pdf

http://www.oilempire.us/peakoil.html