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2008-10-09 International-UN-NGOs

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Posted by Steve White 2008-10-09 00:00|| || Front Page|| [11132 views ] Top

#1 Holy cash flow, Batman!

Posted by Alaska Paul 2008-10-09 01:23|| 2008-10-09 01:23|| Front Page Top

#2 I remember telling them that that oil money was welfare. All of them.
They know they are to become self sufficient and support their populace. No one has time for them to take over the world. We prefer to eat.

Posted by newc">newc 2008-10-09 01:24|| 2008-10-09 01:24|| Front Page Top

#3 ....OPEC has a real problem this go-round. The Saudis - without whom OPEC is no more than just another dictators' club - aren't pushing for a production cut. Secondly, OPEC has never been successful at keeping prices high when demand is low. Pass the popcorn.

Mike

Posted by Mike Kozlowski 2008-10-09 06:03|| 2008-10-09 06:03|| Front Page Top

#4 Putting a price floor tax in place would in no way prevent oil prices from falling. In fact, it would lower them as it restrained the demand that normally results from falling prices. That's the point.

What we are really talking about is the division of the spread between the cost to raise and deliver oil and the price the oil will fetch. Right now we give all the spread to the producers. With a floor, when the price falls below a threshold, we keep a portion of the spread. That incents government to keep the price (and demand) for oil at a level where it maximizes revenue. Sort of like tobacco.

Posted by Nimble Spemble 2008-10-09 07:09|| 2008-10-09 07:09|| Front Page Top

#5 angry populations remove Chavez, the Mad Mullahs and the latest thug-du-jour in Nigeria

Biggest problem with this thinking is the same logical fallacy that affects Obama supporters - the assumption that 'change' is necessarily good. Even horrible circumstances can change for the worse.

Posted by Glenmore 2008-10-09 08:00|| 2008-10-09 08:00|| Front Page Top

#6 How stupid to cut production during a recession. OPEC has about as much understanding of economics as does our congress.

Posted by Jack is Back!">Jack is Back! 2008-10-09 08:28|| 2008-10-09 08:28|| Front Page Top

#7 They sure adjusted their economies to $100bbl. oil awful fast. Now they can't pay the bills on $80bbl oil? It only costs them about $5bbl to get it on a tanker. I'd like to see it plunge all the way down to $20bbl. too. Put a floor tax at $3/gal. and rebuild our rotten old bridges and roads.

Posted by bigjim-ky 2008-10-09 10:36|| 2008-10-09 10:36|| Front Page Top

#8 Put a floor tax at $3/gal. and rebuild our rotten old bridges and roads.

Jim, you naive man. You know all that would be spent on pet "green" projects and bridges to nowhere. Meanwhile another bridge would collapse.

Posted by DarthVader 2008-10-09 10:40|| 2008-10-09 10:40|| Front Page Top

#9 I'd rather see it come from an outright tax than be borrowed from the Chinese in the form of more Treasury Bills and National Debt. But you're right, they would try to sink their greasy ham-fists into any money that was collected.

Posted by bigjim-ky 2008-10-09 11:19|| 2008-10-09 11:19|| Front Page Top

#10 We are really no better that the oil ticks, sort of. We need cash flow to keep afloat. Congress has been doing this for decades by spending like there is no tomorrow. Now it is coming to bite us in the a$$. The oil ticks do not have the depth of economy that we do, so their cash flow becomes critical sooner.

The sooner we get energy independence from these psychos, the better. However, the only ones on the national scene who get it are T. Boone Pickins and Sarah Palin.

Posted by Alaska Paul 2008-10-09 11:20|| 2008-10-09 11:20|| Front Page Top

#11 Not quite AP. There's a bunch of good news in the backround. Scientists at universities and other public companies are really starting to sprint now on alternate fuel paths. Univ. of Wisconsin has made a discovery to strip alcohols of the oxygens using catalytic processes, resulting in a direct path to gasoline. This pathway has been known previously, but not practical. This may lead the way. They have already gone from a few beakers to a few hundred gallons. Promising. Elsewhere, both enzymes and other pathways using acids and high pressures are leading to easier, cheaper ethanol, and more importantly butanol, production from a wide variety of cellulose, not just corn. Corn was easy cause we been brewin' corn whiskey for a long, long time. Corn as the major base stock will begin to recede rapidly. And then we have electric vehicles. GM is rollin'. Battery life in hot environs is still a problem, but now they are adding insulation and cooling to make certain they can go in Las Vegas, Arizona and other desert hotspots. Ford, Toyota, Chrysler, and Renault are building electrics. BMW and VW are working advanced diesels. I don't care for them, but biodiesel is here too. As far as converting plants to fuel and consumiing food. F**k them. Let them starve. Starvation = too weak to cause trouble. These camel f**kers fortunes are going to change soon. We just have to hang on and get busy.

Posted by Woozle Elmeter 2700 2008-10-09 11:44|| 2008-10-09 11:44|| Front Page Top

#12 Drill, drill, drill!
.

Posted by OregonGuy">OregonGuy 2008-10-09 13:35|| http://oregonguythinks.blogspot.com/]">[http://oregonguythinks.blogspot.com/] 2008-10-09 13:35|| Front Page Top

#13 Compressed natural gas, or CNG, is plentiful, with trillions of cubic feet under Alaska alone, and is immediatel usuable technology. There is a lack of distribution centers, but vehicles are currently in use. Toyota makes one, but conversion kits are also available. They should be converting all those extra cars on the lot now. LNG is also being used by several school districts that have converted expensive diesel buses. We don't need them.

Posted by Danielle 2008-10-09 13:42|| 2008-10-09 13:42|| Front Page Top

#14 Woozle Elmeter 2700: re comment #11. I realize that we are doing a lot on this. Good stuff. I am involved in the design of 6 or so bulk wood and cordwood fired central heating systems for rural communities and schools at this time.

What I mean in my comment 10 is that on the national scene, i.e., the President and congress, they just do not get it. I am glad that the states and other entities are doing something. We HAVE to do something, because fossil fuel prices are killing us. As far as Washington, DC goes, I do not care what happens to them, except for a few Rantburgers.

Posted by Alaska Paul 2008-10-09 16:55|| 2008-10-09 16:55|| Front Page Top

#15 #13. Is that you T. Boone?

I keed. I keed.

Posted by Scott R 2008-10-09 17:07|| 2008-10-09 17:07|| Front Page Top

#16 Before all you CNG advocates get too excited, please be advised that we already have to import natural gas in liquified form (LNG) to satisfy demand -- and that's before you convert any more transportation. And it may take ten years to get Palin's pipeline across Canada given all the Native American lawsuits expected. The natural gas companies want you to use more natural gas because they smell profits in increased retail sales, and they don't give a damn whether it's imported or not. Furthermore, the pipelines to our houses may not be big enough to satisfy both our heating requirements and our transportation requirements in winter. And lastly, there's a lot of areas that those pipelines don't serve, so we'll need a huge fleet of LNG tanker trucks to move the natural gas around, especially outside most metropolitan areas. Good luck with that quick fix.

Posted by Darrell 2008-10-09 20:54|| 2008-10-09 20:54|| Front Page Top

#17 And before you buy T. Boone's spiel, you ought to research him a tad. You'll find that he has a lot of vested interest in pushing natural gas:
http://en.wikipedia.org/wiki/T._Boone_Pickens

Posted by Darrell 2008-10-09 21:01|| 2008-10-09 21:01|| Front Page Top

#18 JDAM

Posted by Hellfish 2008-10-09 21:18|| 2008-10-09 21:18|| Front Page Top

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