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-   -   Gas Prices Goin Up Further (https://www.nopistons.com/insert-bs-here-12/gas-prices-goin-up-further-52352/)

twinturborx7pete 08-31-2005 12:00 AM

drilling alaska is retarded anyways. Anyone who knows the engineering and time it would take to get any platforms, pipelines, and other infastructure up knows that it would take 5-10 years before it was fully operational and had any effect on the market.



I'm for keeping alaska drill free. Go buy a civic for daily driving. https://www.nopistons.com/forums/pub...IR#>/smile.png

Dramon_Killer 08-31-2005 12:09 AM

[quote name='phinsup' date='Aug 30 2005, 09:53 PM']Fiirst off the US doesn't use US oil unless it has to, we use foreign oil, there are wells drilled and capped all over the US, I know because my dad helped build some of the facilities in alaska, they have never been touched and aren't part of the "reserves". It's doubtful that opening up the reserves will do much of anything, the oil companies are as always controlling the price, a week ago the refineries couldn't keep up, now they can't get enough oil.



If yer in the stock market I would consider your positions wisely over the next few weeks......

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Yeah they havent touched anything in alaska, the exxon valdez was just hanging out there or something.

BrandonDrecksage 08-31-2005 01:27 AM

gas prices go up to pad the **********ers(oil companies) pockets more..not because there is a shortage...its all about profit..and they know people will continue to buy it...its bullshit..but what can you do about it.

phinsup 08-31-2005 01:44 AM

[quote name='Dramon_Killer' date='Aug 31 2005, 01:09 AM']Yeah they havent touched anything in alaska, the exxon valdez was just hanging out there or something.

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If you read my post, you'll notice I said two things.... we use our oil AFTER we use foreign sources ( i didn't say we NEVER use our oil) and that there are wells capped in Alaska that have never been touched, i didnt say EVERY well in alaska was capped and untouched. Love the smart ass statement, just too bad it didn't make much sense https://www.nopistons.com/forums/pub...DIR#>/wink.png Breaking it down into something a little easier to understand, it's like saying "he's a tightwad, he never spends a dime." See we know that he has to spend something otherwise he wouldn't have a house, eat or survive, but figuratively speaking the person would rather "forget his wallet" and have you buy then pay.



Like Pete said there is no quick solution, whatever you do now won't have an immediate effect on oil prices.... assuming it ever does. The Alyeska Pipeline which is the pipeline that moved oil from the North Slope to prince william sound is already built, in fact it's the pipeline the afformentioned vessel was gathering oil from, the pipeline is capable of carrying 2 million barrels of oil DAILY and has been operational since the mid 70's.



What bush will do is release the oil and have the oil companies pay it back with interest to the reserves..... if he releases the reserves. It's pretty much a joke at this point, gas co's know the usage doesn't change no matter what they charge, so why worry about keeping the prices down?

phinsup 08-31-2005 02:04 AM


Crude Oil Imports (Top 15 Countries)

(Thousand Barrels per Day)

Country Jun-05 May-05 YTD 2005 Jun-04 Jan - Jun 2004



--------------------------------------------------------------------------------



CANADA 1,705 1,722 1,606 1,724 1,622

MEXICO 1,616 1,748 1,568 1,668 1,597

SAUDI ARABIA 1,598 1,430 1,526 1,455 1,388

VENEZUELA 1,292 1,273 1,329 1,439 1,353

NIGERIA 1,012 1,111 1,040 1,208 1,107

IRAQ 608 588 548 636 657

ANGOLA 397 341 430 127 287

ALGERIA 292 152 195 216 198

ECUADOR 288 238 289 186 197

UNITED KINGDOM 269 194 227 304 262

COLOMBIA 227 116 142 192 158

BRAZIL 212 115 80 91 57

NORWAY 194 117 139 155 171

KUWAIT 184 213 186 224 226

CHAD 136 37 78 32 49



60% of our oil comes from foreign sources, as you can see from the chart above, the number 1 source is.... yup canada. In 2002 17% of our (imported) oil came from Canada and 13% from Mexico.



US Imports total about 61% of consumption: 13.12 million barrels per day in July 2004, out of total consumption of 21.4 million barrels per day.



We do use our oil, obviously, but we use as much of other peoples as we can get our hands on.... then the domestic oil

KingFD 08-31-2005 06:18 AM

Our prices just went up today as well. It's setting new records over here. https://www.nopistons.com/forums/pub...DIR#>/ohmy.png

BrandonDrecksage 08-31-2005 08:45 AM

[quote name='phinsup' date='Aug 31 2005, 01:44 AM']If you read my post, you'll notice I said two things.... we use our oil AFTER we use foreign sources ( i didn't say we NEVER use our oil) and that there are wells capped in Alaska that have never been touched, i didnt say EVERY well in alaska was capped and untouched. Love the smart ass statement, just too bad it didn't make much sense https://www.nopistons.com/forums/pub...DIR#>/wink.png Breaking it down into something a little easier to understand, it's like saying "he's a tightwad, he never spends a dime." See we know that he has to spend something otherwise he wouldn't have a house, eat or survive, but figuratively speaking the person would rather "forget his wallet" and have you buy then pay.



Like Pete said there is no quick solution, whatever you do now won't have an immediate effect on oil prices.... assuming it ever does. The Alyeska Pipeline which is the pipeline that moved oil from the North Slope to prince william sound is already built, in fact it's the pipeline the afformentioned vessel was gathering oil from, the pipeline is capable of carrying 2 million barrels of oil DAILY and has been operational since the mid 70's.



What bush will do is release the oil and have the oil companies pay it back with interest to the reserves..... if he releases the reserves. It's pretty much a joke at this point, gas co's know the usage doesn't change no matter what they charge, so why worry about keeping the prices down?

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well they should keep it down..because sooner or later people aren't going to be able to drive anywhere....not to mention transporting goods is gonna go up...so we'll be paying more for products because they will cost more to ship....ect. why do they need to make more than 3 billion dollars in profit?

psyclo 08-31-2005 11:49 AM

Their bottom line is probably the same if they charge $2.50 as if they charge $6 even with people driving less they have a higher mark up.

94touring 08-31-2005 12:01 PM

At some point aviation goes bankrupt too. We just had a big list of airports go on the unapproved list because fuel is too expensive.

94touring 08-31-2005 12:05 PM

http://msnbc.msn.com/id/6471906/



There is such a thing as the alaska oil reserves, for anyone who may be confused wether there is or not.


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