Oklahoma oil tops $50 a barrel (Good News for Domestic Oil Production)

The Oklahoman ^ | October 9, 2004 | Adam Wilmoth

[Arizona Carolyn]

Still don't have enough refineries to take care of growing population growth. Sure would like to see our Domestic Production ramped back up, though for many reasons -- one of which is the economy... we need more Respublicans in office to vote in the energy bills.

[WFTR]

Don't forget coal. We have abundant supplies and newer technologies are cleaner. Furthermore, if the choice is between being having a little more air pollution and having a good job in my field versus having pristine air and being a telemarketer, I'd rather keep my job and live with a little less perfect air.

Bill

[DoughtyOne]

You know, not everyone makes what you and I do. Some people scrape by. In places like southern Claifornia where people can drive over 100 miles each way to work each day, that $2.25 per gallon becomes major.

Wen we see the full effects of that $53.00 per barrel, we're going to see gas prices skyrocket.

In the past, moves in the price of oil have run up prices by $1.00 or more per gallon. Since the price hit $40.00 per barrel, we haven't seen much of a rise. I predict $2.75 to $3.50 per gallon by spring. If two family members have a big commute, this can amount to a lot of additional outlay.

What happens to prices of just about everything when gas prices escalate? Gas prices aren't the only thing affectd.

This is bad for inflation. It doesn't bode well for our economy.

[DoughtyOne]

No, developing alternative means of producing energy would be good for all. This will be good for oil producers.

$50 to $60 dollar a barrel oil is not good for everyone.

[Osage Orange]

I've pretty much no quarrel with this post.....( Although I don't think oil will stay much above $50 for very long...) What I did have..is a disagreement with your use of the word catastrophic.

Hey...maybe it's just my personal hang-up....But a $2.00 gallon of gas isn't catastrophic...in my book. There are hundreds of ways to compensate/budget for this extra expense.

I have to get to work. I don't need cable T.V. Or...fill in the blank___________

FRegards,

[DoughtyOne]

Okay, let's strike the word catastrophic.

I can tell you right now, if gas goes over $3 per gallon, I for one am not going to be a happy camper, and I can afford it.

[Eska]

Here in eagle, we have the road in the summer, so that helps keep the price down. In every village, there is one guy that usually accumulates everything with time; human nature and what America is about. Our guy is actually pretty fair and doesn't raise prices until he gets new fuel in spring so we might have a respite for the winter. One thing is high test is only a couple cents more than regular so at least I can run that.

Last winter I spent 300-400 a month on fuel for 3 snowmachines. When it gets minus 50-60; I don't even start the trucks and we ride the snowgos to school. Those fan cooled skidoos run fine in extreme cold. Guess I'll be spending double that this winter and I sure hope they bring out some wide tracks that get over 10 mpg.

I usually run my dogteam 3 days a week 40-50 mile runs down the yukon. Maybe I'll be using them for basic transportation down the road like some of the other locals up here. We have one guy that brings 3 dog teams to church parking lot and doesn't even use snow hooks; just turns sleds over and the dogs curl right up between howling to the music. I can see it now, wife in basket and kids with dogs pulling them on their short snow bds, my wife would just luv that with eyes iced right up. Anyway, can't imagine gas prices 7 bucks.

Pretty seasonable over this way, chums still running good and have even got a bunch or 3 foot burbot and some sheefish; the yukon provides.