quote:

Originally posted by apackof2:
I don't. That's not the point.

The market (in some regards public policy here)sets the price and the price is higher because demand is high and the product availibity is low.

We can't do anything about demand but we can do something about supply.

And we need to because not only will global demands increase but our own as well

I misinterpreted your post as meaning to drill immediately to bring oil pricing down. Sorry.

Drilling now and capping the wells for future use, when a shortage develops, may be good policy for the US. But what oil company is going to drill now and pump later. Large investment now with returns far off in the future. Drilling now to reduce gas pricing encourages more oil usage, is counterproductive to the security of the US and postpones progress toward the real solution to the oil problems and that is developing alternative ways of fueling cars.

Better to just give everyone a tax rebate (coming soon to a mailbox near you) to help ease the pain at the pump.

And when are you getting an RV?

-Tom

Stay tuned, we will all get to see it first hand soon enough.

The only thing that's consistent about the oil, and thus gasoline/diesel situation is every day somewhere someone comes out with a new story, speaking of shortages, as well as oil is not in short supply. Oil will continue to increase, oil will drop back down. Likewise many here, as well as other forums, include links to stories that claim both the above making some think because there news stories and/or comments come from noble writers they might be true. Everyone knows the real truth is about $$$. It will always be about $$$.

Why do we continue to discuss these issues? What are we trying to deduce?

I don't know about you lot (English Expression), but I am about to start camping in my driveway. I can run videos about Mobile Bay and all the wildlife. If it gets too hot in the RV,we can always run into the house and turn on the air...............But I would rather be on Mobile Bay or in the Smokies........

Don't get me wrong on my last post, I am going to the Smokies if it breaks the Bank of England this fall. Since my Wife is from England, I can use the phrase........Fuel may be $4.+ a gallon,but this may be my last trip to the Smokies, so I am going to make the most of it. My home is in NC, and I have always loved the Smokies. Sue me................you cannot beat the VIEWS. Guess it is time to promate the RV parks in NC., try Maggie Valley, NC, just off I-40 and Hwy 286, the place where dreams are made. I was born in Gastonia, but as far as I am concered, the Smokies are my home. If you don't like it BILL me!!!!!!!!!!!! But if you do not like the Smokies, there has got to be something wrong, and you need to seek medical treatment imediately...................

I agree with apackof2, we need to drill in Alaska, off the west coast of the US, and in the Gulf of Mexico and anywhere else oil can be found.

Additionally, we need to build 3 or 4 more refineries.

If we would have done that ten years ago when we had the chance, we would not be in our current situation.

I do believe that we need to develop alternative energy sources however right now there is none that come close to our energy needs, no biofuel, no solar, no windpower
There is great cost comparsion chart of oil to alternative fuels sources here Crunching the Numbers on Alternative Fuels

Another thing being over looked is the production and costs of alternative.
It takes 600 gallons of water to produce 1 gallon of Ethanol.

For now and the immediate future we need Oil

And I will add that there need to be safeguards to ensure that the oil is sold here instead of on world markets to the highest bidder and then shipped to China, Europe, etc.

And when are you getting an RV?

I have no idea. I just listed my home again, for the 2nd year trying to sell it without losing my shirt. However I now consider this a minor miracle. Michigan HAS been in a one state recession for several years

When I sell it, I can buy my rig and get on the road until then its just dream

quote:

Originally posted by Tom N:

quote:

Originally posted by apackof2:
I don't. That's not the point.

The market (in some regards public policy here)sets the price and the price is higher because demand is high and the product availibity is low.

We can't do anything about demand but we can do something about supply.

And we need to because not only will global demands increase but our own as well

I misinterpreted your post as meaning to drill immediately to bring oil pricing down. Sorry.

Drilling now and capping the wells for future use, when a shortage develops, may be good policy for the US. But what oil company is going to drill now and pump later. Large investment now with returns far off in the future. Drilling now to reduce gas pricing encourages more oil usage, is counterproductive to the security of the US and postpones progress toward the real solution to the oil problems and that is developing alternative ways of fueling cars.

Better to just give everyone a tax rebate (coming soon to a mailbox near you) to help ease the pain at the pump.

And when are you getting an RV?

-Tom

This message has been edited. Last edited by: apackof2,

The reason behind all this oil situation is......
No ,No, I wasn't going to tell.............
Please, don't shoot........
No, no, BANG, ugh.

Now they'll never find out that......................No, no, not you too. Ugh.

Just had to break up the boredom of reading the same things over and over and over..........

Please continue................

When the day comes that we see only three cars in front of WalMart and Home Depot or any other large retailer, we will see the price of fuel drop.

I read in a earlier post about loading train from a meat packing plant, that doesn't happen much anymore as more companies go to JIT ( Just in time) freight, it saves them warehouse space and costs. Stores no longer have back rooms with stock in them. Go to any Wal Mart in the middle of the night and you will see them stocking shelves with product that was brought from a distribution center that day. My wife and and I regularly make the run from California to New York in 48 hrs and that is what the customer expects, not 2 or 3 weeks that it takes a train to get there. Our fresh produce is grown on the west coast or Mexico and loaded on our trailer in California on Friday, unloaded Sunday night in New York and on the store shelves Monday morning. The oil companies know that we are at there mercy with diesel fuel that is why it is over $4 a gallon and going up. We are all paying for it, we charge a fuel surcharge to our customer so we can stay in business, and they just pass it along to their customer. We do our best to save fuel. We have a new aerodynamic truck(2008 Frieghtliner Cascadia) that gets 7+ MPG which is a far cry from what we used to get with the classic American truck. When will it end? Who knows I don't have the answers. More fuel taxes? We'll just pass them to our customer. It is going to take a major shift in the way Americans live to make a difference.