[Steven W.]

Imagine ... addressing a problem by addressing the problem! The liberals and environmentalist wackos will have none of that!

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[netmilsmom]

WoooooHoooooo!

Go GWB!!!

[johnfrink]

Now we will see that crazy phenomenon where we hear that a decrease in the price of oil "will take months" to be felt at the pump, whereas an increase is somehow felt the very next day. Mark my words.

[PatrickHenry]

Another democrat talking point they won't be talking about any more.

[chemicalman]

No! Not yet! The dems said it was supposed to reach $8.00 a gallon! / sarcasm

[Flyer]

Bump from a 75,000 mile a year driver.

[Centurion2000]

I've got an idea that he could try as well. Bush tells the nation that the first proposed new refinery and first new atomic plant to be designed and submitted for approval will receive full Executive protection from Judicial injunctions and restrictions against it being built.

Should make for an interesting government scramble and drop gas prices as well.

[teletech]

It was $1.89 a gallon for 87 octane here in West Suburban Chicago yesterday.

[Rodney King]

Since it is your contention that the price of gasoline is completely and artificially controlled by a small cartel of Exxon, Shell, and others - please explain to me why they allowed the price of gasoline to fall today. Do they just feel like not making as much money today as they did yesterday?

[traumer]

That much for the official story....

TRUST NO ONE !

[LizardQueen]

Can someone fill me in on why this would drop the price? If the gasoline was blended with something else (ethanol), and it's the cost of a barrel of oil and shortage of refinery output thats causing the price hike, wouldn't it make the gas cheaper if it were diluted with something else?

I'm probably missing something large here - I'm not getting it...

Thanks
LQ

[techwench]

april fool

[rintense]

When I filled up last Thursday, I paid $1.76 a gallon (87) in West Michigan. Then, the prices suddenly dropped after Monday, down to $1.71. Today, they are back at $1.81.

[shield]

bmp

[RetiredArmy]

The news came as Congress was criticizing the Organization of Petroleum Exporting Countries for deciding to cut back its production by 1 million barrels of oil a day and Democrats were howling at the Bush Administration for doing nothing about rising fuel prices.

What do they want him to do to OPEC? Invade Saudi? Invade Iran? They would howl about that also and scream it was ALL FOR OIL!!! Suddenly, they feel your pain over high gas prices! Stinking liberals. I wish they'd all just move to the Soviet Union where they could be among their own kind.

[HungarianGypsy]

One of today's headlines in our paper was that gas prices were going to go up because of OPEC. What a difference a day makes. Think they'll change the story in tomorrow's paper?

[SeeRushToldU_So]

$1.55 is the lowest I have seen in GA.

[Euro-American Scum]

Have gasoline prices peaked? Maybe.

They went up a dime a gallon in the last couple of days in San Bernardino County, CA.

[Amelia]

Damn! And I just filled up yesterday!

[Veritas_est]

OK folks, have any of you ever heard of The Eugene Island Oil Mystery?

Is there really an oil shortage?
Are we really dependent on OPEC oil?
Do you believe any of this report?

THE MYSTERY OF EUGENE ISLAND 330 Eugene Island is a submerged mountain in the Gulf of Mexico about 80 miles off the Louisiana coast. The landscape of Eugene Island is riven with deep fissures and faults from which spew spontaneous belches of gas and oil. Up on the surface, a platform designated Eugene Island 330 began producing about 15,000 barrels of oil per day in the early 1970s. By 1989, the flow had dwindled to 4,000 barrels per day. Then, suddenly, production zoomed to 13,000 barrels. In addition, estimated reserves rocketed from 60 to 400 million barrels. Even more anomalous is the discovery that the geological age of today's oil is quite different from that recovered 10 years ago. What's going on under the Gulf of Mexico?

It is difficult to avoid the conclusion that the oil reservoir at Eugene Island is rapidly refilling itself from "some continuous source miles below the earth's surface." In support of this surmise, analysis of seismic records revealed a deep fault which "was gushing oil like a garden hose."

The deep-seated oil source at Eugene Island strongly supports T. Gold's theory about The Deep Hot Biosphere. Gold holds: "that oil is actually a renewable, primordial syrup continually manufactured by the earth under ultrahot conditions and tremendous pressures. As this substance migrates toward the surface, it is attacked by bacteria, making it appear to have an organic origin dating back to the dinosaurs."

The apparent deep-seated oil source at Eugene Island and Gold's ideas make petroleum engineers wonder about a similar situation at the seemingly inexhaustible oil fields of the Middle East.

"The Middle East has more than doubled its reserves in the past 20 years, despite half a century of intense exploitation and relatively few new discoveries. It would take a pretty big pile of dead dinosaurs and prehistoric plants to account for the estimated 660 billion barrels of oil in the region, notes Norman Hyne, a professor at the University of Tulsa in Oklahoma. "Off the wall theories often turn out to be right," he says."

(Cooper, Christopher; "It's No Crude Joke: This Oil Field Grows Even as It's Tapped," Wall Street Journal, April 16, 1999. Cr. C. Casale.) From Science Frontiers #124, JUL-AUG 1999. © 1999-2000 William R. Corliss

Link to THE MYSTERY OF EUGENE ISLAND 330