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| The Scuppers This is a new forum for the not necessarily fishing related topics... |
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08-31-2005, 11:56 AM
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#1
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Registered User
Join Date: Feb 2003
Location: Newtown, CT
Posts: 5,659
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Quote:
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Originally Posted by alocke
We need nitrogen engines now, as you know the nitrogen comes from water,and has no pollution problems.
Did you hear on fox news the other night that it costs the oil co. $4.00 total to produce a barrel of refined oil. Oil was selling last night for $70.70 per barrel unrefined.Do the math the balance is profit.
It least Jimmy Carter put in an excess profit tax.
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Wow! So many misstatements it amazing! Nitrogen is currently the main plollutant produced by the internal combustion engine (both gas and diesel). Nitrogen does not come from water, which is one part Oxygen and two parts Hydrogen, hence the familiar H2O desgination. The "oil companies", except for those producing in the U.S., don't own the oil they produce, its generally owned by the country its in, i.e. Saudi Arabia, Kuwait, Venezuela. So the cost of crude on the open market has little effect on them. The only effect is that when prices go up they make an additonal profit on the oil they have in inventory. (That can be a substantial profit) The big money makers in this run up of oil prices are the producing countries, most of whom belong to OPEC and keep the supplies low. Excess profits taxes on the oil companies may make people feel good, but it won't do anything to stop the rise in prices, since the countries that are reaping the profits don't pay U.S. taxes. |
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08-31-2005, 12:12 PM
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#2
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Red Eye Jedi
Join Date: Jan 2004
Location: East Facing
Posts: 4,374
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08-31-2005, 12:15 PM
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#3
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Also known as OAK
Join Date: Apr 2003
Location: Westlery, RI
Posts: 10,413
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Yup; filled up Yesterday; now big descions is to fish local or drive....
After labor day hopefully we'll see a drop in price....
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Bryan
Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&
"For once I agree with Spence. UGH. I just hope I don't get the urge to go start buying armani suits to wear in my shop"
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08-31-2005, 12:19 PM
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#4
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Very Grumpy bay man
Join Date: Nov 2003
Location: Rhode Island
Posts: 10,852
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No boat, back in the suds.  
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08-31-2005, 12:21 PM
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#5
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Registered User
Join Date: Jul 2003
Location: NJ
Posts: 869
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Heard on the radio that a station in Bklyn NY just broke the $4 / gal mark today.
On another board I saw a post that the UK is experiencing prices in the $7-8 range per gal, if you convert lbs sterling to us dollars.This is going to get a lot worse before it gets better.
Im thinking of buying a horse and a years supply of Hay.
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08-31-2005, 12:41 PM
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#6
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,481
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Straw is cheaper 
-spence |
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08-31-2005, 12:42 PM
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#7
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Registered User
Join Date: Mar 2002
Location: S. Yarmouth, MA
Posts: 1,604
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Was shocked to pay 2.99 at the pump in NJ this morning and noticed Super at 3.19. Hasn't been that bad here since I can remember. I'm going to start charging my kids when they want a ride somewhere, also giving friends a ride..."Dad, can you give Sabrina, Katrina, and a ride home?" "Sure thing. A dollar for the first half mile and fifty cents a mile after that. No IOU's but if your mother's hot I'll consider her in trade. Now pay up or get out my meter's running."
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08-31-2005, 12:43 PM
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#8
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........
Join Date: Apr 2002
Posts: 22,805
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two oil pipelines
are shut down....just because of a lack of electricity....the military and the national guard are on there way and hopefully that scenario will soon be rectified.
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08-31-2005, 04:32 PM
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#9
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Registered User
Join Date: Feb 2003
Location: Newtown, CT
Posts: 5,659
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Quote:
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Originally Posted by Tinman
Heard on the radio that a station in Bklyn NY just broke the $4 / gal mark today.
On another board I saw a post that the UK is experiencing prices in the $7-8 range per gal, if you convert lbs sterling to us dollars.This is going to get a lot worse before it gets better.
Im thinking of buying a horse and a years supply of Hay.
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Almost 75% of that U.K. price is the huge taxes they put on it. |
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