I don't know what you kids are thinking arguing with OMW?

Don't you know he BELIEVES! And blind BELIEF is more important than silly little FACTS.

So don't worry about it, not like he's doing any damage to us (directly at least) a little advil won't fix.

You knw I just read through and there's no OWM in sight...... WTF? I could have sworn he at least ghost wrote some of these posts.......

BTW around here 2.85 a gallon is LOW for regular. So quit your whining.

OMW wrote this: 

Quote from: Old Mr. Wilson on September 18, 2006, 06:56:49 PMRead 2 days ago............... 2.05 in Iowa............... $1.85 in Missouri.  Expected to go down more over the next 4 weeks. a buck eighty five is way too much. I'm thinking approx $1.35 MAX looking at the value of the dollar in 1966 versus 2006. Hell I was there. Pumping a pint (of gas) in my Lil Gen minibike for 26.9................(a gallon) I get furious thinking about petrol............and "them"

And if you're calling me OMW and saying that I don't need facts...  Mayhaps you should do some reading. 

Do I think any of those are false, no... Do I think that those factors can cause the collapse of modern society, no way!  Thats where the peak oil theory goes off the deep end.  Research till your hearts content, just becareful what you believe...

Those "understand" comments were for Mr7...  Since you seemed to get the basics.


As far as the end of society?  Eh...  I've never been one for cataclysmic endings.  Could it happen?  Sure, anything can happen.  The world population before the internal combustion engine was ~2 billion...  Now we're ~6.5 billion...  So, it took ~120 years to more than triple the total population.    IF that key factor was the engine increasing food production and allowing other modern conveniences....  And IF that was taken away...  It would be the end of the world as we know it...

But, I don't think either of those if are true...


And...  The Peak Oil End of the World Theory you speak of must have come from peakoil.com...  I've been talking about actual peak oil, which is also known as Hubert's Peak.  It says nothing of the end of the world, only the end of affordable petroleum fuel (which may or may not be the end of the world, depending on who you ask).

i just slapped over 20 gallons in my f-150 today, for a measley $40.  thats right in southern missouri i fillud up for 1.96  

Petrol prices are dropping down here as well unless you live in regional areas or drive a diesel where they continue to rape you at the pump.

The sooner we discover how turn poop into gas the better. 

Methane...  The Thunderdome theory...

It could be done...  But, there's still not enough. 

Quote from: Mandres on September 19, 2006, 07:18:48 AM

Quote from: blue05twin on September 18, 2006, 10:57:50 PM
Demand is the same as it was few months ago, so how come gas prices are comming down?

Just food for thought.

Because it's election time? 

-fake edit-  What I've heard is that it's a combination of three main factors: the end of hostilities between Israel / Hezbollah, the discovery of a huge, huge potential new source of crude in the Gulf seabed, and the lack of Hurricane activity this season. 

As much as I despise both neocons and oil companies, I don't see a historical trend of dramatically lower or higher prices before elections.  I even plotted it. 



the X-axis is meaningless.  It's the numeric representation of the date if you really must know.  The data goes from 8/20/1990-present.  It is the weekly average gas price from here.  The red circles are approximate election days.  It's November 4th on even years  1990, 1992, ..., 2006.  I didn't figure the exact date mattered in this case, so I averaged. 

The y-axis is average price in cents per gallon.  Looking at it, I don't see much that suggests election-day manipulation.  There are some that look iffy, but nothing definite.  There's a scary trend of what looks like exponential growth at the end though. 

after seeing the title it made me thing, its 1.92 here in missouri, but its far from normal.  normal would be back to a buck.  they just make us think its better by lowering it back down to a high price.  don't be fooled!!!!

$2.17 for reg unleaded in East Brunswick, NJ

How many of you are naive enough to believe either of these:

A)  This "normal" pricing will exist in the spring

OR

B)  The price is not (as Bob Woodward claims in his new book) being manipulated by the Saudis to affect the perception of the US economy and try to keep the Grand Oil Party in power.

If you believe either one, I'd like to show you my 200HP GS500E and I'd love to sell you some beachfront property here in Oklahoma!

Normal price should be approx. 1.38 a gallon. These prices are "not" normal.

Lol, you guys are funny.
World oil production will peak one day. Seemingly sometime soon. The severity of the implications vary depending on how it's handled. And whether we can agree on a suitable alternative..at this point it seems the only one is nuclear. Has anyone ever seen a population graph for the past thousand years?

I'll take it onto myself to say your an idiot if you think thats sustainable in any sort of a way.
Natural gas production in North America has peaked. Canada sells half their production to the states, which makes up 15 percent of their usage, only. Do you think this can last? Oil discoveries world wide peaked in the 1960's.
Looking at this graph

Production hasnt increased since late 2004.

Take this to mean what you want, it could be nothing, or it could be everything.

The real question is why are the oil companies making record profits when they supposedly are suffering from such high per barrel prices?

They are stealing our money..billions of dollars from americans.

Quote from: RVertigo on September 19, 2006, 05:17:01 PM
Methane...  The Thunderdome theory...

It could be done...  But, there's still not enough. 

you kidding? the world is full of shaZam! 

Quote from: banner on October 01, 2006, 02:25:34 PM
The real question is why are the oil companies making record profits when they supposedly are suffering from such high per barrel prices?

They are stealing our money..billions of dollars from americans.

yeah, no kidding! Conocophillips (i can't hate them too much since they are one of my customers...) but they made like 15 BILLION in profit, but of course this has nothing to do with the record high gas prices either, haha....do they think we are THAT stupid?!?! i guess some of us are...

uhhh... oil companies don't set the price of oil, the market does, and when the market wants to pay more for oil, obviously the oil companies are going to make more money because it still costs the same to pull the crap out of the ground.

supply and demand my friend, it's not the oil companies fault you all want your damn oil so badly and are willing to pay so much for it... this is just part of the free market system... if you don't like it, move to China or North Korea, I hear communism works great for them

the market sets high gas prices?

and here i was thinking it was simple price gouging;)

Quote from: LimaXray on October 02, 2006, 03:38:00 AM
uhhh... oil companies don't set the price of oil, the market does, and when the market wants to pay more for oil, obviously the oil companies are going to make more money because it still costs the same to pull the crap out of the ground.

supply and demand my friend, it's not the oil companies fault you all want your damn oil so badly and are willing to pay so much for it... this is just part of the free market system... if you don't like it, move to China or North Korea, I hear communism works great for them

Yes, but the oil companies are making more profit. Of course they will make more money, but they are making a lot more profit, $15 billion seems a bit greedy to me. They do not need to make that much profit.