add-on ..
Thanks to DemocRats, Moderates & Greens .. and Speculators.
Up .17 at the pumps today.....MN.
I just noticed something. I’ve used the f-word more the last 12 months than my entire life, and it usually has something to do with either Obama, gas prices, real estate, or my job search.
Absolutely will not happen when the US Government, the oil industry and share holders (many who are elected officials, family and friends), continue to realize increased profits, increased tax revenue, increased stock value/dividends by not drilling....don't tip over that profitable apple cart now...
I’m really getting screwed with the natural gas bit. $1.80 a therm. I think I’ll save money by hooking up my electric dryer.
Todays politicians are the dumbest in the history of the United States. They can’t control the prices? Give me a break..........they can control anything they want.......if they want. Just like our borders, they don’t want to control it and they won’t.
This is like having a maid that keeps putting sandspurs in the covers. They make the bed, you sleep in it.
It is way past time for you to have a serious conversation about our National Security. Every day it becomes increasingly evident that our dependence on foreign oil puts our nation at economic risk, increases our need for international defense of despot regimes, and creates an increasing security risk for every day we cannot meet our energy needs independently.
Let the democrats play the alternative energy game all they want, but preface each payout with an equal response to our current energy situation. They want 1.3 billion for alternative energy subsidies, I want 1.3 billion for oil extraction & increased refining capacity in America. This is needed to secure our country NOW, while we plan for the future energy needs.
This story proves that the price has to do with the traders, in large part.
Good news? Oil goes higher. Bad news? Oil goes higher.
We have access to NYMEX data and can also read it. Claims such as this are empty assertions, especially when they indicate the current price is on the low side.
This is going to be big trouble for our economy. And count on truckers striking eventually. The small ones are losing their a**es.
Environmental lobbyists were telling Congress and the Federal government what could and could not be built thirty years ago. I doubt the situation has improved since then. Break the environmental lobby, and you will have energy. Let them run the government, and you will have higher prices for less and less energy. It’s that simple.
Regardless that Congress has had since the 1973 oil embargo to address oil independence, history is repeating itself. So I'm keeping an eye on energy options.
Although I don't use this product, since people are starting to use bicycles more, people might be interested in this autoshifting bicycle.
Autoshifting bicycleAlso, I'm keeping an eye on developments in bio-fuel production.
First, the bad news about ethanol. Ethanol fires are evidently harder to control than gasoline fires.
Ethanol fires hard to control 1Hopefully, ways will be developed to make controlling ethanol fires easier.
Ethanol fires hard to control 2
On the brighter side concerning ethanol, there's now evidence that people might get as much, or more, bang per buck for their gas dollars with gas / ethanol mixtures.
Gas-competitive gas / ethanol mixturesAlso, I was surprised by the introduction of a machine (popularly known as a still) for making home-made ethanol.
EFuel100In stark contrast to the 1700 gallons of water required to make one gallon of corn-based ethanol as indicated by the OP, the EFuel100 uses only 170 gallons of water to produce 35 gallons of ethanol In other words, the EFuel100 uses less than 1% (about 0.2%) as much water as corn ethanol, under five gallons, to produce one gallon of ethanol.
But also note that the water used in the EFuel100 process does not take into account the water needed to grow the sugar that is used for this process.
And watch out for fines for violating biofuel regulations.
Fines for violating biofuel regulationsAlso, progress is being made in the development of other non-corn ethanol production technologies as well.
Non-corn ethanolFinally, I've also been hearing good things about biodiesel production but need to find some links.
$4.39/gallon for home heating oil. They just filled up my tank.
That better last me until Christmas.
Yet the ‘Rats STILL refuse to allow development of our natural resources.
Think anyone will ask the Hildabeast about this?
I'm just asking
Here comes price controls!
And it worked sooo well the last time they tried it. Guess everyone has forgotten that though.
The reason oil is up is due to the devalueing of the dollor. Cheap credit combined with a devauled dollor and no increase in supply are the cause.
Speculators are only buying because the market indicators show the dollor getting weaker so oil will increase.
To devalue the dollor the Fed increases the M3 money supply.
When the Fed stops increasing the money supply, thus inflating prices and raises the prime we are in this hypr-inflation cycle.
I posted this article to front page news and left for lunch. I come back and my post is gone, replaced by yours. What’s up with that?
The dollar's decline IS the biggest factor in the price of oil.
Unlike the '70s, I have seen NO SIGNS of any shortages.
The Senate is pointing fingers at big oil to distract from their mismanagement of our currency.