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Doctor Feelgood
Arrrrghh!
Joined: 07 Apr 2003
Posts: 20349
Location: New Jersey
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 Posted: Tue, 27 May 2008 09:27:39 Post Subject: |
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| T-shirt wrote: | Diesel is about to get A LOT more expensive.
Due to the earthquake in China, many dams/hydropower plants are offline, and China is buying an extra 10% + of diesel on the world spot market to run the old diesel generators. Expect another $1 a gal by mid summer. |
See... that would be assuming that the prices are rising in response to some real world reasons. I don't believe that is the case at all. |
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Little Bruin
Boo Boo
Joined: 07 Apr 2003
Posts: 667
Location: Pic-A-Nic Basket |
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BeerCheeze
*hick*
Joined: 14 Jun 2003
Posts: 9285
Location: At the Bar
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| Posted: Tue, 27 May 2008 10:01:06 Post Subject: |
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| Doctor Feelgood wrote: | | T-shirt wrote: | Diesel is about to get A LOT more expensive.
Due to the earthquake in China, many dams/hydropower plants are offline, and China is buying an extra 10% + of diesel on the world spot market to run the old diesel generators. Expect another $1 a gal by mid summer. |
See... that would be assuming that the prices are rising in response to some real world reasons. I don't believe that is the case at all. |
True, but this will just be an extra excuse. |
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T-shirt
Rated XXX
Joined: 22 Aug 2003
Posts: 795
Location: Snohomish, WA USA
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| Posted: Tue, 27 May 2008 10:25:58 Post Subject: |
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| Doctor Feelgood wrote: | | T-shirt wrote: | Diesel is about to get A LOT more expensive.
Due to the earthquake in China, many dams/hydropower plants are offline, and China is buying an extra 10% + of diesel on the world spot market to run the old diesel generators. Expect another $1 a gal by mid summer. |
See... that would be assuming that the prices are rising in response to some real world reasons. I don't believe that is the case at all. |
How this for a real world reason......the US dollar is only worth 2 bits right now.  |
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BeerCheeze
*hick*
Joined: 14 Jun 2003
Posts: 9285
Location: At the Bar
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| Posted: Tue, 27 May 2008 12:26:52 Post Subject: |
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| T-shirt wrote: | | Doctor Feelgood wrote: | | T-shirt wrote: | Diesel is about to get A LOT more expensive.
Due to the earthquake in China, many dams/hydropower plants are offline, and China is buying an extra 10% + of diesel on the world spot market to run the old diesel generators. Expect another $1 a gal by mid summer. |
See... that would be assuming that the prices are rising in response to some real world reasons. I don't believe that is the case at all. |
How this for a real world reason......the US dollar is only worth 2 bits right now. |
It went up??  |
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Doctor Feelgood
Arrrrghh!
Joined: 07 Apr 2003
Posts: 20349
Location: New Jersey
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Spire
Hall Pass B!tch!!!
Joined: 01 Aug 2003
Posts: 2165
Location: Up to my Nipples in Alaska
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acruxksa
Doh!
Joined: 17 Oct 2003
Posts: 1051
Location: The Cradle of Storms
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| Posted: Wed, 28 May 2008 05:03:50 Post Subject: |
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Apparently we (Americans) drove 11billion less miles in March than we did the year before. A 4.3% decline which was the sharpest decline ever measured (measurements began in 1942 during the height of WWII and rationing).
I find it extremely ironic that here in Alaska we actually produce about 1/8th. of the entire US supply of oil and have the highest gas prices despite only having about 1/400th of the US population. Our governor is talking about distributing $1.2 billion in energy relief to the residents when she should actually be looking into building another refinery to lower costs or investing the money in alternative energy sources.
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Little Bruin
Boo Boo
Joined: 07 Apr 2003
Posts: 667
Location: Pic-A-Nic Basket |
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edvallie
Put Beer Here
Joined: 07 Aug 2005
Posts: 1255
Location: Computer
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| Posted: Wed, 28 May 2008 08:29:39 Post Subject: |
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| Doctor Feelgood wrote: | | I'll pay in Euros if that helps. |
I'm investing in that hard canadian dollar 
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ABAP? What did you call me? |
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BeerCheeze
*hick*
Joined: 14 Jun 2003
Posts: 9285
Location: At the Bar
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| Posted: Wed, 28 May 2008 13:53:09 Post Subject: |
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| acruxksa wrote: | Apparently we (Americans) drove 11billion less miles in March than we did the year before. A 4.3% decline which was the sharpest decline ever measured (measurements began in 1942 during the height of WWII and rationing).
I find it extremely ironic that here in Alaska we actually produce about 1/8th. of the entire US supply of oil and have the highest gas prices despite only having about 1/400th of the US population. Our governor is talking about distributing $1.2 billion in energy relief to the residents when she should actually be looking into building another refinery to lower costs or investing the money in alternative energy sources. |
| A very important US Document wrote: | When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.
That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security. |
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Hellfire
Rated XXX
Joined: 05 Aug 2003
Posts: 3473
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