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2009-10-21 Economy

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Posted by tipper 2009-10-21 01:33|| || Front Page|| [1 views ] Top

#1 Four Saudies = four times Jihad?

Posted by g(r)omgoru 2009-10-21 03:17|| 2009-10-21 03:17|| Front Page Top

#2 The reality of peak oil is fast approaching, and more must be done to develop and encourage the use of alternatives including ~~solar~~ natural gas and nuclear, the agency's chief economist has warned.

Both nuclear- and solar-powered electricity were acceptable alternatives.

Meanwhile in real world, 9 out of 10 new generating facilities use natural gas.

And finally, Peak Oil isn't the problem. The problem is Saudia and the rest of OPEC make oil reserves and planning state secrets, and regularly turn on the taps to screw with the economics of alternatives. Which prevents the market from properly pricing oil.

Posted by phil_b 2009-10-21 04:11|| 2009-10-21 04:11|| Front Page Top

#3 Here's 1.5 Saudi Arabias priced at $25/barrel equivalent, with reserves rising quickly.

The reality of peak oil is fast approaching
Peak oil, like Godot, has been fast approaching for decades. In the mean time, OPEC's declared reserves have doubled in the last 30 years.

And finally, Peak Oil isn't the problem. The problem is Saudia and the rest of OPEC make oil reserves and planning state secrets, and regularly turn on the taps to screw with the economics of alternatives. Which prevents the market from properly pricing oil.
Bravo, Phil. Variable oil import taxes to support stable prices so domestic energy sources can develop. If the gov is going to get our money, better it gets it in a way that increases domestic industry and keeps money within the economy.

Oh, and Drill.

Posted by ed 2009-10-21 06:39|| 2009-10-21 06:39|| Front Page Top

#4 Nabors industries

Posted by 746 2009-10-21 10:38|| 2009-10-21 10:38|| Front Page Top

#5 There are both minor and major adjustments that can be made to the oil market. OPEC can only make the minor adjustment, over the short term, by manipulating prices. But the major adjustment is in consumption and non-OPEC production. Between those two, OPEC could be neutered.

Posted by Anonymoose 2009-10-21 11:23|| 2009-10-21 11:23|| Front Page Top

#6 Peak Oil IS fast approaching - it may even have already passed.

Posted by Glenmore 2009-10-21 14:36|| 2009-10-21 14:36|| Front Page Top

#7 There is plenty of oil and natural gas all we have to do is drill.

Posted by bman">bman 2009-10-21 15:11|| 2009-10-21 15:11|| Front Page Top

#8 Read, the FUTURE OWG-NWO, NAU, ETC. which mainstream AMerica = Amerika Voters, the USA = USSA-USRoA, didn't and wasn't allowed to vote on NEEDS $$$ FOR ITS OWG GLOBAL NANNY STATE [which US Voters also will not be allowed to vote on]???

YOU JUST FEEL THE HONESTY, DEMOCRACY, FREEDOM, + PROGRESS OF HUMANITY-CIVILZ CAN'T YE!

But, I digress ....

Posted by JosephMendiola">JosephMendiola 2009-10-21 20:33|| na]">[na] 2009-10-21 20:33|| Front Page Top

23:58 JosephMendiola
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23:31 Glenmore
23:12 tipper
22:55 gorb
22:37 KBK
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21:53 A_Rovian_Disciple
21:48 phil_b
21:47 Barbara Skolaut
21:43 Anonymoose
21:38 Pappy
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21:29 trailing wife
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21:06 JosephMendiola