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Posts by Mulder

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  • Bill Introduced to Allow [Gun] Carry in National Parks

    11/18/2006 5:24:36 PM PST · 36 of 39
    Mulder to italianquaker
    I bet this will be a priority with the 110th congress, hmmm are we still glad about staying home to teach Bush and the gop a lesson

    There is no federal law that says you can't carry in a national park.

    There is simply "administrative edict" that says you can't.

    All it takes to change it is a policy directive issued by the head of the Interior Department or the President.

    Phil Van Cleave of VCDL tried to get them to do it when Norton was running DOI.

  • Crude futures prices tap $75 for first time ever in NY

    04/21/2006 11:12:47 AM PDT · 46 of 292
    Mulder to Rutles4Ever

    Peak Oil

  • Boy who posed on Web with weapons convicted

    04/05/2006 5:29:15 PM PDT · 74 of 89
    Mulder to 300magnum

    Are we really much better than the old Soviet Union anymore?

  • Gas tax on miles, not gallons, tested in Oregon!

    03/26/2006 3:45:10 PM PST · 107 of 146
    Mulder to Travis McGee
    Comrade, if you're not doing anything illegal, why should you mind a government GPS tracker in your car?

    This is another step in the "total control grid" that our statist masters have planned for us.

    Your every move, every word, and every purchase will be tracked. This information will then be processed to find "criminals". The sheeple will love it at first since only scumbags will be targeted. Eventually the program will expand, and they will make it a felony to have a "threat score" that is too high. Your "threat score" will be sort of like the no-fly list the gov't keeps. They won't tell you the algorithims they use to determine your score, so this will keep the sheeple in constant fear.

    Just like in Nazi Germany or Soviet Russia, the majority of citizens won't wind up in the camps so long as they keep a low profile and pay their taxes and don't speak up too much.

  • Buy America, weaken America

    03/26/2006 3:39:47 PM PST · 278 of 322
    Mulder to ncountylee
    Cheap imports have masked the true inflation rates in the US, which are running near 10%.

    Inflation raises prices. Cheap overseas labor brings them down. So they sort of cancel each other out. This looks good in the short term, but the long term effects are a deindustrialized America, devalued dollar, declining real wages, and ultimately an inflationary depression.

  • New way to bet on real estate

    03/24/2006 11:50:42 AM PST · 39 of 51
    Mulder to ex-Texan
    So what if our manufacturing and technological base continues to move overseas?

    We'll just increase our national wealth by giving the daytraders another tool to gamble with.

    We don't need to make or invent anything anymore, since we'll all get rich trading paper assets back and forth!

  • Fair dispute simmers; off-duty officers want to carry guns

    03/24/2006 11:28:42 AM PST · 14 of 21
    Mulder to neverdem

    The clowns need to follow the same edicts as the rest of us. If guns are banned for us peasants, they should be for the elites and their thugs too.

  • Elderly Couple Hospitalized After Cops Raid Wrong House

    03/23/2006 12:03:12 PM PST · 107 of 347
    Mulder to MikeWUSAF
    I live next door to an 80 year old widow and I suspect that she is feeding stray cats. I am going to kick her door in tonight and tackle her so the cats stop urinating in my flowerbed. Then I will feel like a real man...

    LOL. For extra fun, you could dress up in all black like a ninja, and spew profanities at granny while slamming her to the ground.

  • Elderly Couple Hospitalized After Cops Raid Wrong House

    03/23/2006 11:30:20 AM PST · 39 of 347
    Mulder to One Proud Dad
    The officers on the entry team are not at fault

    Cool. Does that mean us non-LEOs aren't responsible for anything we do either? Next time I get stopped for speeding can I say it's "not my fault" and get away it?

    arm chair QB's who haven't the nerve to do the job others do.

    I guess that I, and others here, lack the bravery and courage to kick down the door of a couple of senior citizens and send both of them to the hospital.

  • Elderly Couple Hospitalized After Cops Raid Wrong House

    03/23/2006 11:14:36 AM PST · 18 of 347
    Mulder to jiggyboy
    I'll bet it's just about impossible to fall down flat on your face and get a "dislocated shoulder" or "bruised ribs". Most of the time when I hear of that kind of injury it's a car accident or falling off a roof.

    The victims were 80 years old. Not in their 20s. ANY injury at that age is a potentially life changing event from which they will never recover.

    At least the Nazi stormtroopers made it home safely, which is all that matters anymore in Amerika.

  • Elderly Couple Hospitalized After Cops Raid Wrong House

    03/23/2006 11:11:04 AM PST · 14 of 347
    Mulder to seacapn
    From the article:

    He said he believes his officers acted correctly and followed procedures when they entered the first home. "Obviously, a mistake was made and it was regrettable," he said. "But, I stand by my officers. I think they acted properly."

    Wouldn't it be a shame if a bunch of armed thugs broke into this JBTs house, and sent him to the hospital?

  • Elderly Couple Hospitalized After Cops Raid Wrong House

    03/23/2006 11:05:24 AM PST · 6 of 347
    Mulder to seacapn

    Those criminals need to be arrested and charged with multiple felonies.

  • Favorite Handgun Question (Vanity)

    03/21/2006 6:54:51 PM PST · 107 of 115
    Mulder to tcostell
    Try a Sig P239 in 9mm. It's very comfortable and easy to shoot. Whatever you get, you should have night sites installed (if they don't come with the gun), and a Surefire flashlight that you either mount to the weapon, or keep handy. Most importantly, get some good training.

    . I just want her to have something portable that she can slip under her car seat and carry with her if it becomes necessary for her to take our daughter and beat feet from the greater NY area.

    If she is traveling outside of NY state, she should consider getting a concealed carry permit from another state. I think Florida and Utah CCW permits are among the best, since even their non-resident permits are recognized by nearly 30 other states.

  • MASSIVE WORLD SPECULATION DOMINOS

    03/21/2006 6:46:01 PM PST · 63 of 108
    Mulder to Travis McGee
    Good article, and thanks for the ping. I see you've discovered financialsense.com :-)

    The day of financial reckoning is coming. Combine an asset bubble with the exponentially increasing budget and trade deficits, and financial ruin is sure to follow.

    Somedays, I think it might not be a totally bad thing. Our culture is totally corrupt and morally bankrupt, and needs to have the "reset" button hit. Perhaps after the collapse, Americans will rediscover the things that really important and stop their mad obsessions with making monopoly money and drooling in front of the propaganda machine (television).

    Of course, history shows that the outcome will be much different. Bad times lead to 1) racial/ethnic/religious strife, and 2) most sheeple looking for a strongman. So we'll probably wind up with some bizzare combination of the USSR and Nazi Germany with 21st technology (cameras on every street corner and implantable microchips).

  • Shallow Men And The Women Who Suffer (The Male Lust For The Supermodel Perfect Mate Alert)

    03/18/2006 7:34:07 PM PST · 31 of 512
    Mulder to goldstategop
    They're more astute judges of people's deportment and character. Here is where they are less superficial then men.

    LOL! That is one of the biggest "socially accepted" lies going around.

  • Shallow Men And The Women Who Suffer (The Male Lust For The Supermodel Perfect Mate Alert)

    03/18/2006 7:30:35 PM PST · 25 of 512
    Mulder to goldstategop
    Men want the supermodel perfect mate. A dream woman who is a physical "10" in attribute and looks. With the Bo Derek fixation, women who don't measure up to men's expectations in a woman lose out. Its not a woman's brains, personality or character that interest men.

    I don't think this is true. Rather, I believe it is the opposite that is more accurate. Generally speaking, it is women, not men, that are more concerned with finding the perfect "10".

    Most guys are happy dating an "average looking" woman as long as she puts out a lot and makes an effort to please him.

    The idea that all men want a perfect "10" is nothing more than propaganda from men-hating feminists. Most women are more than happy to accept the propaganda since it helps with their "self esteem". After all, it's easier to justify a $5000 boob job when "all men are pigs" (fiction) instead of "I'm a self-centered superficial gold digger planning to use my bigger tits to land a guy that is a "10" with money" (reality).

  • (Advice) Looking to buy new handgun, can't decide

    03/18/2006 6:57:12 PM PST · 26 of 66
    Mulder to diverteach
    This would be for personal protection at home.

    Why a revolver instead of semi-automatic?

    A semi-auto is easier to fire and reload for most folks. Most of the major manufacturers also offer models with integral rails so you can attach a light. Whatever, you purchase, I would also recommend night sights so you can see your sights at night.

  • Bag Mix-Up Puts Gun in D.C. School

    03/18/2006 9:42:27 AM PST · 19 of 19
    Mulder to Extremely Extreme Extremist
    Where's the crime? Is the mother a felon? This is an honest mistake and nobody got hurt.

    Not in the new Amerika. This isn't a free country anymore.

  • Gold Doesn't Fear a Fed Rate-Hike Pause (Goldbugs have new conspiracy theory = M3 + Iran)

    03/16/2006 4:52:07 PM PST · 17 of 26
    Mulder to Pittsburg Phil
    Gold is a long-term must buy. With the massive debt of the US government (and its citizenry), inflation will eventually have to be used as a way out.

    Yep. You understand it.

  • Jailed for a messy yard

    03/09/2006 6:12:52 PM PST · 115 of 239
    Mulder to Hunble; Smokin' Joe
    Smokin's Joe, you are an honest American and still understand what this country is all about.

    That was a different America, where folks actually cared about their neighbors.

    Today, most of the Amerikan sheeple care for little more than how much their 401k or their house is worth. What the fools fail to realize is that "more is less" here, since higher house values mean nothing more than a higher tax base and an avenue to become further enslaved to debt vie home equity loans. And it also means their kids and grandkids will have a tougher time buying houses since their wages aren't going up 10% a year. (But who cares about future generations anymore?)

    The irony is that in the "old America", by caring about others and being a good neighbor, the materialistic benefits occurred as a result. And I'm talking real benefits here, not paper benefits such as your house going up by 20% in a year, or your Google stock doubling in value.

    People today have no idea what real wealth is.

  • Jailed for a messy yard

    03/09/2006 5:25:56 PM PST · 114 of 239
    Mulder to Coleus
    Moor's neighbors began complaining

    I wonder how many of these "neighbors" actually offered to help out with her yard?

    "The ultimate goal we're looking for is compliance," Lane said

    Welcome to Amerika

  • US Border Patrol Open Fire at Group Hurling Rocks from Mexico

    03/03/2006 6:44:53 PM PST · 2 of 82
    Mulder to Travis McGee; Squantos; neverdem; Eaker; archy; B4Ranch

    The war on the border escalates....

  • US Border Patrol Open Fire at Group Hurling Rocks from Mexico

    03/03/2006 6:43:57 PM PST · 1 of 82
    Mulder
  • New Budget Delays or Cancels Much-Promoted NASA Missions

    03/02/2006 7:39:35 AM PST · 21 of 21
    Mulder to John Locke
    They gave up the dominion of the world; we have given up dominion of the Solar System. And for what? For an empire of debt.

    Maybe the chinese will let an American fly in the first manned flight to Saturn. As a co-pilot to a chimpanzee.

  • New Budget Delays or Cancels Much-Promoted NASA Missions

    03/01/2006 7:38:35 PM PST · 15 of 21
    Mulder to lauriehelds
    Really no surprise here. America is on the decline. This is yet another example.

    If you think the budget cuts are bad now, just wait until the boomers start retiring and voting to maintain and increase their current benefits. Those selfish fools have run up $8 trillion in debt, to be paid by the grandchildren. So what's a few more trillion? So what if we lose the space race? The important thing is that gramps makes his tee-off time and gets his cocktail of drugs.

    Maybe the chinese will give an American a token ride to Mars 50 years from now, if they can find one that isn't obese or dumb as a load of bricks. Probably not.

  • TN: 2 More Students Expelled; Rifles Found In Truck

    03/01/2006 4:37:06 PM PST · 47 of 50
    Mulder to kiriath_jearim

    This country is starting to really, really suck

  • Unpleasant Trend - Fed Counters By Stopping Release of M3 Money Supply Data

    03/01/2006 5:53:36 AM PST · 60 of 64
    Mulder to Toddsterpatriot

    You have to copy and paste that link into your browser address for it to work.

  • Unpleasant Trend - Fed Counters By Stopping Release of M3 Money Supply Data

    03/01/2006 5:52:59 AM PST · 59 of 64
    Mulder to Toddsterpatriot
  • Unpleasant Trend - Fed Counters By Stopping Release of M3 Money Supply Data

    02/28/2006 9:11:30 PM PST · 57 of 64
    Mulder to Toddsterpatriot
    The stupid chart included business and household debt. Without any reference to household and business assets, it's useless.

    It is a relevant chart since it's apples-to-apples over 100 years. Computing debt is easy. Computing GDP is accomplished in a fairly straightforward manner, and is a metric, even if not 100% accurate. How do you compute the sum of all assets? What do you think would happen to the price of those assets when everyone tried to realize their "value" by selling?

    It doesn't beat stocks. Would you like to see a few examples that beat gold?

    The Dow-to-gold ratio has stayed constant between 3 and 5 over most of the 20th century. It traded above this range during the 3 secular bull markets of that century, and below that range in the secular bear markets that followed. In our latest bear market, the ratio has already dropped from 45 to 20. (It is interesting to note that each succeeding bull market brought higher highs, and each succeeding bear market produced lower lows-- if that holds true this time, you'll be able to buy one Dow Jones for an ounce of gold).

    Also, keep in mind that Dow Jones average is sort of cheating since it simply kicks out poor performing companing and adds strong performing companies to its average (the Dow Jones today is not composed of the same companies that comprised it in 1900). Also, it assumes that the average investor gets to change horses for free. It doesn't count broker's fees to sell the old company. It doesn't count the capital gains or other taxes on this transaction. And it doesn't count the broker's fees to purchase the new company.

    It would really be interesting to see a plot of gold vs. the original Dow Jones over 100 years.

    Having said all that, I make the following claims:

    1) It cannot be disputed that gold has outperformed the most widely held paper asset of all in the United States over the past century: the dollar.

    2) It cannot be disputed that gold has outperformed ALL fiat currencies over time.

    3) I will concede that a fair analyis (including taxes, broker fees, etc....) of stock prices vs gold prices MAY conclude that stocks have outperformed gold over the past century. However I have yet to see that data, so until then we must use the previously referenced chart. Nonetheless, I would not be surprised if stocks still won out over the 20th century due to the massive economic growth of the US. Looking forward, I do not expect this growth to repeat itself in the 21st century for a number of reasons.

    4) While many individual stocks undoubtedly did outperform gold during the 20th century, many (most?) others did not. The Dow Jones is sort of cheating by eliminating those companies that did not, and adding those that did over time. So an apples-to-apples comparison is suspect since it favors the Dow.

  • Unpleasant Trend - Fed Counters By Stopping Release of M3 Money Supply Data

    02/28/2006 4:22:00 PM PST · 50 of 64
    Mulder to Toddsterpatriot
    If I make $50,000 a year and get a 30 year mortgage for $200,000 my debt is now 400% of my GDP. Is that good or bad? I guess it depends on whether I want to sell you a big ass hunk of gold!!

    The difference is, in your case you very likely have a future income stream that will increase more than your future expenditures, so that you can reduce your debt. You also likely have that now. Furthermore, you won't be borrowing $200,000 next year, or the year after, of any year into the foreseeable future. And you likely don't have a bunch of unfunded liabilities down the road.

    In the case of the federal government, spending is increasing faster than revenues. There is NO plan to pay down the debt, or even achieve a balanced budget. They plan to borrow even more money next year compared to this year. And there are massive unfunded liabilites around the corner once the boomers retire.

    I guess it depends on whether I want to sell you a big ass hunk of gold!!

    Gold beats paper over the long haul every time. As for "selling gold", as least they are selling some tangible instead of passing paper around all day like "sophisticated" investors do.

  • Unpleasant Trend - Fed Counters By Stopping Release of M3 Money Supply Data

    02/28/2006 4:09:16 PM PST · 49 of 64
    Mulder to Travis McGee
    "If recession should threaten serious consequences for business (as is not indicated at present) there is little doubt that the Federal Reserve System would take steps to ease the money market, and so check the movement." ----Harvard Economic Society, October 19, 1929

    History repeats itself while the sheeple are blind.

  • Mayor takes aim at gun show (Glendale Gun Show)

    02/27/2006 2:38:26 PM PST · 17 of 19
    Mulder to BurbankKarl

    Is it not a federal crime to conspire to deprive American's of their individual Rights, as this assclown is doing?

  • The new rules of the global game

    02/26/2006 4:14:18 PM PST · 78 of 78
    Mulder to joanie-f
    I have never felt more pessimistic about the economic (and therefore political/security) future of our republic.

    Same here. The problems are just too large and ingrained to be avoided.

    One way to gauge the robustness of a system is to observe what happens when a little pressure is applied. Look at what happened after 9/11 and Hurricane Katrina. Can you imagine what the response would be to a long-term event spread over most of the nation, as opposed to short-term events in concentrated regions?

  • Day labor battle brewing: Minutemen, Casa of Maryland set stage for showdown in Takoma Park

    02/24/2006 3:39:56 PM PST · 39 of 80
    Mulder to Travis McGee
    Where I come from, this is a declaration of war. Threatening our children is completely out of line, even for the criminal alien lobby

    One of the more wonderful aspects of "multiculturism" is that other cultures don't draw the line at threatening another man's home or family.

    Expect to see more of this as the invasion continues.

  • The new rules of the global game

    02/24/2006 1:08:26 PM PST · 42 of 78
    Mulder to B4Ranch
    Do you want to see this movie or would you prefer to live this one event to the end? Is it time to stop globalization or shall we continue walking to our graveyards?

    Most people are too busy watching Desperate Housewives or the football game to care. Even after Katrina, etc...., they still aren't taking steps to be prepared.

  • The new rules of the global game

    02/24/2006 1:06:16 PM PST · 40 of 78
    Mulder to Lady Heron
    Last time I looked we feed the world

    According to the USDA, we import about as much food as we export. This is the first time we've approached equilibrium in over 50 years. (Prior to now, we've always exported more food than we imported).

    What has happened to change that?

    NAFTA, GATT, globalization, greedy corporations, shareholders, and politicians.

    We are supposed to have enough food stored in reserve to feed this country for a long time in case of war, has that changed also and if so who did it?

    I've never heard of that, and doubt it exists.

    On the family farm we own the production per crop has increased incredibly since the 80's I am told, so I am not sure I see the food problem like you do

    One reason for that is oil based products, such as fertilizer and fuel for more efficient machines. When foreigners cut off our oil supply (or Peak Oil hits), those efficiency rates will come crashing down.

    Over all food has been a very strong point for America.

    This isn't the same country it was 100 years ago, or even 10 years ago.

  • The new rules of the global game

    02/24/2006 1:00:49 PM PST · 39 of 78
    Mulder to verity
    Buy gold.

    And lead.

  • The new rules of the global game

    02/24/2006 12:57:30 PM PST · 38 of 78
    Mulder to Travis McGee
    The global elite knows what's best for you, and you're going to get it.

    Based on some of the recent threads I've participated in here, many folks would welcome global governance so long as it was "privatized" and run by a multinational corporation.

    Unfortunately, we now live in a country where people no longer have loyalties to our Constitutional Republic. The massive influx of immigrants means that many of those folks have loyalties to their homeland or culture. And most native Americans have no loyalty beyond the pursuit of a quick buck.

  • Bill would bar doctors from asking about guns POLL TO FREEP AT LINK

    02/23/2006 6:50:12 PM PST · 162 of 213
    Mulder to mbraynard
    So the government can forbid me from asking you if you have guns

    As a private citizen, no. As an individual in a position of authority and either on the state payroll, or operating with a license from the state, yes.

    You cannot let the government control what someone has to say outside of the typical five understood exclusions (libel/slander, etc.)

    Sure you can, when such speech constitutes harassment at the least, and a conspiracy to deprive the American people of their arms at the most.

    This weapon is just like mandating that restaurants have to forbid smoking.

    No it isn't.

    There is no conspiracy of doctors - and 'none of your business' is a legitemate reply AS IS boycotting doctors who do ask that question. That is how CONSERVATIVES get things done.

    Yes, there is absolutely a conspiracy to disarm the American people.

    "None of your business" is certainly a legitimate reply, but as others have noted, if you so reply, they will check "yes" on the gun ownership box. Also, the doctor could ask the question of others living in your house, such as a child or an elderly parent with diminishing mental facilties; either of which may let the cat out of the bag.

    For instance, the next question could be "since there are guns in your house, are they ever left around so a minor can access them?". Granny, not knowing any better or not even understanding the question, may answer "yes". In many states, that is a crime, and a doctor will report you to the stasi.

    Boycotting doctors was certainly an option 50 years ago. Today, in our quasi-socialized medical "system", it isn't so easy.

    I suppose one could argue for getting the government out of the medical system, but that isn't going to happen realisticly. The next best thing is for state legislatures to actively protect individuals from harassment by doctors.

  • Bill would bar doctors from asking about guns POLL TO FREEP AT LINK

    02/23/2006 4:12:43 PM PST · 150 of 213
    Mulder to Galveston Grl
    If you ever give a doctor knowledge of unlawful activity, they can report you

    Not only this, but I *think* they must get some kind of bonus for doing so.

    One time, I went to the doctor to get Xrays of my ankle that I had injured falling down some stairs. The nurse engaged in some very low level interrogation tactics to get me to "confess" to being in a fight (which I wasn't).

    Be real careful that your kids understand that doctors (teachers, police officers, etc.) are not their best friends and blabbing unnecessarily or to get attention is not to their advantage. Your medical record will become a part of a national computer system sooner or later so keep it in a way that will look pretty to employers, insurers and cops.

    Worth repeating a million times. You get the big picture.

  • Bill would bar doctors from asking about guns POLL TO FREEP AT LINK

    02/23/2006 4:06:56 PM PST · 149 of 213
    Mulder to doc30
    Even so, do you believe the government should restrict someone's first amendment rights like this? If they can do that, then they can restrict your second amendment rights as well.

    Yeah, before you know it, the gov't will be telling us we need permission to carry a gun, along with what kind of guns we can own and where we can carry them.

    But seriously, I think you are missing the big picture.

    The gun grabbers have come to the conclusion that they have failed at implemting their agenda through the legislative process. In all but a few states, it is impossible to enact any gun control. To the contrary, most states are currently liberalizing their gun laws to become more aligned with the intent of the Founders.

    Having failed at the legislative process, the gun grabbers are now attempting to enact their agenda via multinational corporations and the insurance industry.

    Want to work for XYZ corporation, or have medical insurance for your family? Then you must sign a form saying you don't have guns, and agree to a corporate HR bozo inspecting your home. That is where all this is going.

    Virginia gunowners, fortunately, have a very proactive organization up there (VCDL) that is at the forefront in heading a lot of this stuff off.

  • Bill would bar doctors from asking about guns POLL TO FREEP AT LINK

    02/23/2006 3:57:14 PM PST · 144 of 213
    Mulder to mbraynard
    This is a bad bill and violates the principal of free speech.

    This isn't a speech issue.

    It is about one group of folks abusing their power to harass and intimidate (at the least), or (at the most) engage in a conspiracy to compile a list of gunowners to be used against them in the future.

    The government has an obligation to protect individual Rights.

  • Bill would bar doctors from asking about guns POLL TO FREEP AT LINK

    02/23/2006 3:54:19 PM PST · 142 of 213
    Mulder to Onelifetogive
    Another example of the government telling people how they can talk to other people.....

    When "talking to people" involves intimidation, conspiracy to deprive them of their Rights, and harassment under color of law; then the the government has a duty to get involved.

  • New ways to break the law! (are you a criminal? Probably)

    02/18/2006 7:59:41 PM PST · 122 of 198
    Mulder to freepatriot32

    This sounds like Soviet Russia.

  • NASA plans to park space shuttle Atlantis in 2008

    02/18/2006 4:37:25 AM PST · 33 of 37
    Mulder to SteveMcKing
    We could have explored half the solar system by now, if not for the imagined need to produce retired astronaughts who travel the country telling school kids about their heroic achievement of breeding worms in zero-gravity.

    Or if they put more priority on real science instead of putting the first amputee midget porn star from turdworldistan into space.

  • Saudi Arabia to double its oil refining capacity

    02/15/2006 7:56:02 PM PST · 49 of 57
    Mulder to thackney
    This is taking the oil they normally sell and refining it. Then the refined product is sold at a higher value.

    All the more evidence for Peak Oil.

    Crude oil production is probably 10-100 times more profitable than refining. If you have plenty of crude oil, it makes no sense to refine it (beyond whatever amount your nation uses), since the resources invested for refining would be much better spent in getting the oil out of the ground.

    On the other hand, if your crude production is peaking, then it makes sense to diversify into less profitable ventures such as refining.

  • Saudi Arabia to double its oil refining capacity

    02/15/2006 7:50:48 PM PST · 48 of 57
    Mulder to Dog Gone
    Saudi crude oil exports to us will actually decline if they ship it as gasoline instead

    But total petroleoum exports will remain the same (or increase) when you add the refined and unrefined products. Plus, the Saudis will charge us extra to refine it.

    It's not a bad development. The barriers to building new refineries enacted by lefties and their cronies are real. The increasing demand for gasoline has to be met somehow.

    Short term, an increase in global refining capacity is good for the US, but it is foolish to forego building more domestic refineries. One bad thing that might come about as a result of this is that plans for domestic refineries are delayed even more, since "the Saudis will refine it, so we don't need to worry about it".

  • Saudi Arabia to double its oil refining capacity

    02/15/2006 7:43:19 PM PST · 47 of 57
    Mulder to MJY1288
    All the talk about Ethanol is what brought this about

    Saying you are going to produce more oil and actually doing it are two different things. Especially when all of your large fields are 60 years old, and haven't been independently audited in over 25 years.

    In the short term, this announcement will probably drive prices down. That is simply noise, however.

    I fear that the longer term impact will be that alternative energy efforts will be reduced since "the Saudis can meet demand" will be the new mantra. At least until they come up short in 2009. By then, it will be much more painful to transition to other energy sources.

  • Saudi Arabia to double its oil refining capacity

    02/15/2006 7:38:12 PM PST · 45 of 57
    Mulder to Certain_Doom
    But, but, PEAK OIL!

    Peak Oil is for real and will likely be the defining event of a generation (or more).

    According to the Department of Energy, the Saudis need to produce 13.6 million barrels a day to meet demand in 2010. This article says they plan to produce 12.5 million bpd by 2010, but I would be very surprised if they can pull it off. Their big fields are 60 years old and likely about to peak. Even if they do accomplish it, they are still 1 million bpd short. Where is that oil going to come from?

    The DOE says they need to produce 19 million bpd by 2020 to meet global demand. According to Matt Simmons and others, there is no way they have the capacity for that.

  • Saudi Arabia to double its oil refining capacity

    02/15/2006 7:29:47 PM PST · 44 of 57
    Mulder to Dog Gone
    This story is about doubling gasoline production, not doubling oil production. Instead of exporting oil to us, they can export gasoline and make the refining profit as well.

    Bingo.

    US refineries are operating at nearly 100%, and any event, such as a major hurricane, will result in gasoline shortages.

    Even though I believe Peak Oil is about to hit, it still makes sense to build more refineries to protect against refinery disruptions.