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High cost of fuel
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Author | Message |
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Stephen Macy Send message Joined: 8 May 99 Posts: 167 Credit: 1,774,063 RAC: 0 |
Just thinking, will it make wars so expensive that there will be none in the future. Think about it. Last century, all the wars and the petroleum that was used to fight them. There would be no shortage today. WW-1 increased the use fuel for ships, trucks, airplanes and at the last of it, tanks. WW-2 increased the use of oil dramatically. Probably more than 1000%. The Germans, Italy and Japan on one side. England, China, Russia, Australia and America on the other. Two continants and two oceans. Tanks, trucks, ships and airplanes, all using barrels and barrels of fuel Korea, Viet Nam, the Falklands and Afganistan may have been smaller, but still used enormous amounts of fuel. Will we still be able to afford wars? |
Jord Send message Joined: 9 Jun 99 Posts: 15184 Credit: 4,362,181 RAC: 3 |
<blockquote> WW-1 increased the use fuel for ships</blockquote> Most of those you can strike off, well but for the early submarines, for most ships at that time still ran their steam engines on coal. |
Stephen Macy Send message Joined: 8 May 99 Posts: 167 Credit: 1,774,063 RAC: 0 |
<blockquote><blockquote> WW-1 increased the use fuel for ships</blockquote> Most of those you can strike off, well but for the early submarines, for most ships at that time still ran their steam engines on coal. </blockquote> Picky picky picky. Coal IS fuel and the price of coal is going up also. |
Murasaki Send message Joined: 22 Jul 03 Posts: 702 Credit: 62,902 RAC: 0 |
Ahh, but now we have nuclear submarines, and missiles that run on solid fuel or liquid hydrogen. The troops may still have to get out and hoof it, but the tomahawks will still be flying. |
AC Send message Joined: 22 Jan 05 Posts: 3413 Credit: 119,579 RAC: 0 |
Well, this made me think about the cost of a barrel oil today compared to just a few years ago. A few years ago I remember the cost for a barrel of oil was about 20$-30$. Now, that same barrel costs about twice that amount. The curious thing is that oil producers say that the price will come down. But how much, a few bucks? I mean I can remember all kinds of talk by these oil people about how the price of a barrel of oil will stabilize at around 25$-30$. Now it looks like somewhere around 30$-40$? |
Celtic Wolf Send message Joined: 3 Apr 99 Posts: 3278 Credit: 595,676 RAC: 0 |
<blockquote>Well, this made me think about the cost of a barrel oil today compared to just a few years ago. A few years ago I remember the cost for a barrel of oil was about 20$-30$. Now, that same barrel costs about twice that amount. The curious thing is that oil producers say that the price will come down. But how much, a few bucks? I mean I can remember all kinds of talk by these oil people about how the price of a barrel of oil will stabilize at around 25$-30$. Now it looks like somewhere around 30$-40$? </blockquote> Keep watching!! It's already starting to come back down.. The station I get gas in in NC was $2.09 for the mid-grade. It was $2.39 the last time I was in NC. |
RDC Send message Joined: 17 May 99 Posts: 544 Credit: 1,215,728 RAC: 0 |
<blockquote><blockquote>Well, this made me think about the cost of a barrel oil today compared to just a few years ago. A few years ago I remember the cost for a barrel of oil was about 20$-30$. Now, that same barrel costs about twice that amount. The curious thing is that oil producers say that the price will come down. But how much, a few bucks? I mean I can remember all kinds of talk by these oil people about how the price of a barrel of oil will stabilize at around 25$-30$. Now it looks like somewhere around 30$-40$? </blockquote> Keep watching!! It's already starting to come back down.. The station I get gas in in NC was $2.09 for the mid-grade. It was $2.39 the last time I was in NC. </blockquote> The one thing many forget, don't know or in some cases don't want to acknowledge, is that in the US, approximately half the price per gallon at the pump is tax (and taxed much higher in many other countries in the world). Where I'm at, in Pennsylvania, they created a trigger mechanism tied into the the price of crude that automatically boosts the tax when crude hits a certain price. Sadly and typical of our tax and waste politicians here, they won't put a reverse trigger on the tax so when crude falls below the trigger price, the tax goes down. What will happen is the tax remains higher level and will increase again if crude rises again. Sheesh. To truly explore, one must keep an open mind... |
Celtic Wolf Send message Joined: 3 Apr 99 Posts: 3278 Credit: 595,676 RAC: 0 |
<blockquote> The one thing many forget, don't know or in some cases don't want to acknowledge, is that in the US, approximately half the price per gallon at the pump is tax (and taxed much higher in many other countries in the world). Where I'm at, in Pennsylvania, they created a trigger mechanism tied into the the price of crude that automatically boosts the tax when crude hits a certain price. Sadly and typical of our tax and waste politicians here, they won't put a reverse trigger on the tax so when crude falls below the trigger price, the tax goes down. What will happen is the tax remains higher level and will increase again if crude rises again. Sheesh. </blockquote> The highest gas prices on the East Coast per the most reliable TV News (hahaha) is right here in Maryland. Yes it's mainly taxes. |
mikey Send message Joined: 17 Dec 99 Posts: 4215 Credit: 3,474,603 RAC: 0 |
<blockquote><blockquote>Well, this made me think about the cost of a barrel oil today compared to just a few years ago. A few years ago I remember the cost for a barrel of oil was about 20$-30$. Now, that same barrel costs about twice that amount. The curious thing is that oil producers say that the price will come down. But how much, a few bucks? I mean I can remember all kinds of talk by these oil people about how the price of a barrel of oil will stabilize at around 25$-30$. Now it looks like somewhere around 30$-40$? </blockquote> Keep watching!! It's already starting to come back down.. The station I get gas in in NC was $2.09 for the mid-grade. It was $2.39 the last time I was in NC. </blockquote> Here in Northern Virginia it is down to $1.99 for a gallon of regular at the local Wawa. |
Paul Zimmerman Send message Joined: 22 Jan 05 Posts: 1440 Credit: 11 RAC: 0 |
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Captain Avatar Send message Joined: 17 May 99 Posts: 15133 Credit: 529,088 RAC: 0 |
Just Paid 2.06 Gal In Vermont! |
AC Send message Joined: 22 Jan 05 Posts: 3413 Credit: 119,579 RAC: 0 |
<blockquote><blockquote>Well, this made me think about the cost of a barrel oil today compared to just a few years ago. A few years ago I remember the cost for a barrel of oil was about 20$-30$. Now, that same barrel costs about twice that amount. The curious thing is that oil producers say that the price will come down. But how much, a few bucks? I mean I can remember all kinds of talk by these oil people about how the price of a barrel of oil will stabilize at around 25$-30$. Now it looks like somewhere around 30$-40$? </blockquote> Keep watching!! It's already starting to come back down.. The station I get gas in in NC was $2.09 for the mid-grade. It was $2.39 the last time I was in NC. </blockquote> That's cheaper than Germany, but still expensive to fill up a car that takes 50 gallons. What really made me thinking more was an article that I read awhile back that also says that the mostly low-cost fluctuations of the 80's and 90's are gone for good. Article from: NYSE |
Paul Zimmerman Send message Joined: 22 Jan 05 Posts: 1440 Credit: 11 RAC: 0 |
Demand just keeps outstripping supplies. Today's market....... Oil prices surged more than a dollar on Monday as concern over rising global demand offset swelling inventories and the highest output from producer cartel OPEC in 25 years. U.S. oil inventories are at their highest since the summer of 1999, according to government data. |
jimmyhua Send message Joined: 16 Apr 05 Posts: 97 Credit: 369,588 RAC: 0 |
Crude oil will run out sooner or later. The US Government and scientists should really sit down and think of a way to soften the impact. Gauranteeing the price of cheap gas is not a way to soften the impact. Jimmy |
Captain Avatar Send message Joined: 17 May 99 Posts: 15133 Credit: 529,088 RAC: 0 |
<blockquote>Demand just keeps outstripping supplies. Today's market....... Oil prices surged more than a dollar on Monday as concern over rising global demand offset swelling inventories and the highest output from producer cartel OPEC in 25 years. U.S. oil inventories are at their highest since the summer of 1999, according to government data. </blockquote> As usual PZ your off the mark and reporting old news...... Oil Prices Sink. |
Jack Lass Send message Joined: 22 Mar 02 Posts: 120 Credit: 41,972 RAC: 0 |
<blockquote><blockquote><blockquote>Well, this made me think about the cost of a barrel oil today compared to just a few years ago. A few years ago I remember the cost for a barrel of oil was about 20$-30$. Now, that same barrel costs about twice that amount. The curious thing is that oil producers say that the price will come down. But how much, a few bucks? I mean I can remember all kinds of talk by these oil people about how the price of a barrel of oil will stabilize at around 25$-30$. Now it looks like somewhere around 30$-40$? </blockquote> Keep watching!! It's already starting to come back down.. The station I get gas in in NC was $2.09 for the mid-grade. It was $2.39 the last time I was in NC. </blockquote> The one thing many forget, don't know or in some cases don't want to acknowledge, is that in the US, approximately half the price per gallon at the pump is tax (and taxed much higher in many other countries in the world). Where I'm at, in Pennsylvania, they created a trigger mechanism tied into the the price of crude that automatically boosts the tax when crude hits a certain price. Sadly and typical of our tax and waste politicians here, they won't put a reverse trigger on the tax so when crude falls below the trigger price, the tax goes down. What will happen is the tax remains higher level and will increase again if crude rises again. Sheesh. </blockquote> The taxes on gasoline in the U.S. are the lowest in the industrial world. I just returned from England where the going price is 86 pence ($1.54) per LITRE. Not too many gas hogging SUV's in England. It is pathetic how we whine about our high gasoline prices when we have some of the lowest in the world. That just encourages us to consume more of a finite resource and pour more carbon dioxide into the atmosphere. I think that the Federal gas tax ought to be raised to at least 50 cents per gallon, and the revenue used to invest in alternative fuels that are both renewable and non-polluting. THE MOTHER OF FOOLS IS ALWAYS PREGNANT I'M TROLLING FOR FOOLS. THIS MUST BE THE PLACE! |
Paul Zimmerman Send message Joined: 22 Jan 05 Posts: 1440 Credit: 11 RAC: 0 |
>As usual PZ your off the mark and reporting old news...... Uh, no.... I reported that post on May 9th, same day as the links reportage... You come back 4 days later and tell me I posted old news? Bullshit. May 9 news posted on May 9 is not old news. It was current when posted.... Get a grip there.... captim. (as usual) |
Captain Avatar Send message Joined: 17 May 99 Posts: 15133 Credit: 529,088 RAC: 0 |
<blockquote> >As usual PZ your off the mark and reporting old news...... Uh, no.... I reported that post on May 9th, same day as the links reportage... You come back 4 days later and tell me I posted old news? Bullshit. May 9 news posted on May 9 is not old news. It was current when posted.... Get a grip there.... captim. (as usual)</blockquote> Paul, I can't believe I am going to say this. Your were right and I was wrong. Don't get used to it. :-) BTW: 2.04 gal in VT... |
Paul Zimmerman Send message Joined: 22 Jan 05 Posts: 1440 Credit: 11 RAC: 0 |
2.44 here .... haven't seen any drop in price for many weeks... ************************ • We are all addicts of fossil fuels in a state of denial, about to face cold turkey. And like so many addicts about to face cold turkey, our leaders are now committing violent crimes to get what little is left of what we're hooked on. Kurt Vonnegut May 10, 2004 |
mlcudd Send message Joined: 11 Apr 03 Posts: 782 Credit: 63,647 RAC: 0 |
A little shock this morning when My wife went to work. the Gas Station right across the road had it's price for regular unleaded at 2.33 per gallon. This morning it is at 2.18 per gallon. A big drop in one night. After driving into the "city" she observed that the prices are coming down there also. from 2.35 down to 2.25 at most stations. We are in Va, just 40 miles north of the Richmond Virginia refinery and distribution facility. I don't know if that has anything to do with it. Regards, Rocky www.boincsynergy.com |
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