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Old 03-01-2012, 05:03 PM   #1
RIROCKHOUND
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I am in no means advocating that super high gas prices are GOOD. I'm not even Chu said it would be goo, and he didn't reference any impact other than on transitioning to other energy sources. The context that without a rise in gas prices, we will not move away from fossil fuels. This is probably a true statement

We need some kind of transition away from them, whether you believe we should for climate, pollution or national security. The reality is it will take some serious time to do (decades). The problem is, this can keeps getting kicked down the road...

The last lines:

Never mind that some energy experts say Chu had it exactly right, and that higher fuel prices would encourage consumers to buy more efficient vehicles, discourage suburban sprawl, make renewables more competitive and reduce U.S. reliance on imported oil. Not even Chu’s department is making that argument these days.

Read more: Steven Chu's Europe gas quote haunts President Obama - Bob King - POLITICO.com

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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Old 03-01-2012, 05:08 PM   #2
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I am in no means advocating that super high gas prices are GOOD. I'm not even Chu said it would be goo, and he didn't reference any impact other than on transitioning to other energy sources. The context that without a rise in gas prices, we will not move away from fossil fuels. This is probably a true statement

We need some kind of transition away from them, whether you believe we should for climate, pollution or national security. The reality is it will take some serious time to do (decades). The problem is, this can keeps getting kicked down the road...

The last lines:

Never mind that some energy experts say Chu had it exactly right, and that higher fuel prices would encourage consumers to buy more efficient vehicles, discourage suburban sprawl, make renewables more competitive and reduce U.S. reliance on imported oil. Not even Chu’s department is making that argument these days.

Read more: Steven Chu's Europe gas quote haunts President Obama - Bob King - POLITICO.com
Jesus Bryan, there you go with that "context" again

-spence
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Old 03-01-2012, 05:12 PM   #3
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many on the left have believed for a very long that high energy prices would be the best way to reduce consumption and force people into energy efficient vehicals and more efficient lifestyles, the left has longed for European level energy costs.....Obama has, on several occasions talked about higher energy prices, he lamented quick rises that the public would not respond well to but he does not have a problem, based on his statements, with high energy prices....I'll get the quotes if you'd like, but it's no revelation...he does have a problem in an election year if gas continues to soar...
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Old 03-01-2012, 05:25 PM   #4
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many on the left have believed for a very long that high energy prices would be the best way to reduce consumption and force people into energy efficient vehicals and more efficient lifestyles, the left has longed for European level energy costs.....Obama has, on several occasions talked about higher energy prices, he lamented quick rises that the public would not respond well to but he does not have a problem, based on his statements, with high energy prices....I'll get the quotes if you'd like, but it's no revelation...he does have a problem in an election year if gas continues to soar...
Well, there's a pragmatic position that says energy costs will rise as carbon sources are finite and global consumption is rising.

There's the Republican position that oil is infinite because God made it so, nobody can tell you that 6000 pound SUV isn't your right to drive by the glory of the American flag and if we do have an issue the free market will have long since resolved the issue (note: probably with Chinese technology).

-spence
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Old 03-01-2012, 05:30 PM   #5
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Well, there's a pragmatic position that says energy costs will rise as carbon sources are finite and global consumption is rising.

There's the Republican position that oil is infinite because God made it so, nobody can tell you that 6000 pound SUV isn't your right to drive by the glory of the American flag and if we do have an issue the free market will have long since resolved the issue (note: probably with Chinese technology).

-spence
are you making a point or just stomping your feet?
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Old 03-01-2012, 05:44 PM   #6
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nobody can tell you that 6000 pound SUV isn't your right to drive by the glory of the American flag -spence
YES HE CAN!!!

Obama: "We can't drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times ... and then just expect that other countries are going to say OK"

I wonder how much Obama's car weighs and what kind of mileage it gets?

I looked it up...The vehicle fuel consumption is about 8 miles per US gallon.

kinda like everything else with this president isn't it?...does it reflect badly on his character Spence?

I'd post some pics of him eating but it's not pretty and he likes to keep the temps in the rooms that he is occupying Hawaii warm

Last edited by scottw; 03-01-2012 at 05:50 PM..
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Old 03-01-2012, 07:11 PM   #7
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Some Math, gas was 9% LOWER (adjusted for inflation) when Bush
left office than when he started.

When Obama took office gas was $1.83/ gal., and now we are headed
for $5 maybe $6. What a difference 3yrs makes.

" Choose Life "
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Old 03-01-2012, 07:34 PM   #8
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When Obama took office gas was $1.83/ gal., and now we are headed
for $5 maybe $6. What a difference 3yrs makes.
So what's the difference?
Posted from my iPhone/Mobile device
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Old 03-01-2012, 07:49 PM   #9
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So what's the difference?
Posted from my iPhone/Mobile device
Like I said, some Math, be my guest if you choose.
I think you divide the lower # by the higher one.

Last edited by justplugit; 03-01-2012 at 07:57 PM..

" Choose Life "
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Old 03-01-2012, 07:16 PM   #10
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YES HE CAN!!!

Obama: "We can't drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times ... and then just expect that other countries are going to say OK"

I wonder how much Obama's car weighs and what kind of mileage it gets?

Well, he drove a Chrysler 300 before he was elected and did his
campaining, not mispelled , in an SUV.

" Choose Life "
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Old 03-02-2012, 08:01 AM   #11
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Well, there's a pragmatic position that says energy costs will rise as carbon sources are finite and global consumption is rising.

There's the Republican position that oil is infinite because God made it so, nobody can tell you that 6000 pound SUV isn't your right to drive by the glory of the American flag and if we do have an issue the free market will have long since resolved the issue (note: probably with Chinese technology).

-spence
Wait, wait!!!!!

Spence, here's what you said...

"There's the Republican position that oil is infinite because God made it "

OK, Spence. When I made a claim about somehting Obama said, yuo demanded that I prove it.

OK, buddy, what's good for the goose! Spence, please show us a video or post a link of a prominent Republican saying that.

I'm waiting Spence, and I'm all ears.

You just can't help shooting yourself in the foot, can you?
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Old 03-02-2012, 08:06 AM   #12
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Originally Posted by Jim in CT View Post
Wait, wait!!!!!

"There's the Republican position that oil is infinite because God made it "
I'm pretty sure that's a Santorum quote
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Old 03-02-2012, 10:17 AM   #13
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Originally Posted by Jim in CT View Post
Wait, wait!!!!!

Spence, here's what you said...

"There's the Republican position that oil is infinite because God made it "

OK, Spence. When I made a claim about somehting Obama said, yuo demanded that I prove it.

OK, buddy, what's good for the goose! Spence, please show us a video or post a link of a prominent Republican saying that.

I'm waiting Spence, and I'm all ears.

You just can't help shooting yourself in the foot, can you?
My remark wasn't in quotes, I was making the point that the Republican position on energy at times sure isn't very pragmatic.

-spence
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Old 03-02-2012, 10:33 AM   #14
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My remark wasn't in quotes, I was making the point that the Republican position on energy at times sure isn't very pragmatic.

-spence
So can you explain from where you get the notion that "THE" republican position on oil is that it's infinite, because it came from God?

Who told you that's the official Republican position?

JUST ONE TIME, can you dircetly answer a question?

Also, according to you, when Wright tells folks that the deds invented AIDS to kill blacks, you're saying he's "trying to get people to think"?? Think about what?

Spence, every rational person (and you are NOT in that group) knows that Wright is a smutty hate-peddler. Who doesn't even believe his own BS, because he bought a mansion in a neighborhood that's 99.9% white.

But all you can do is COMPLIMENT him by calling him "thought-provoking". I guess you think that peaceful white-supremacist grouos are merely thought-provoking too?

You are really, really pathetic.
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Old 03-02-2012, 11:17 AM   #15
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Spence, every rational person (and you are NOT in that group) .
Why do you feel the need to make those judgements or spew them in public?

No, no, no. we’re 30… 30, three zero.
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Old 03-02-2012, 01:26 PM   #16
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So can you explain from where you get the notion that "THE" republican position on oil is that it's infinite, because it came from God?
That's the position I've inferred after listening to years of Republican pundits ridicule the Left for concern over sustainable energy.

Quote:
Also, according to you, when Wright tells folks that the deds invented AIDS to kill blacks, you're saying he's "trying to get people to think"?? Think about what?
There is a pretty big population, especially within the black community, that subscribes to the conspiracy making it almost somewhat mainstream in those circles.

Considering that the US Government has done some pretty wicked things, The Tuskegee Syphilis Study for instance, or more recently reported...

Vets feel abandoned after secret drug experiments - CNN.com

So even though I don't believe the US Government invented AIDS, I can have some appreciation for, from Wright's perspective, why he might subscribe to such a theory.

If anything it's slightly less kooky than Jerry Falwell's contention AIDS was Gods answer to homosexuality...and Falwell was perhaps one of the most influential ministers in modern times.

Quote:
Spence, every rational person (and you are NOT in that group) knows that Wright is a smutty hate-peddler. Who doesn't even believe his own BS, because he bought a mansion in a neighborhood that's 99.9% white.

But all you can do is COMPLIMENT him by calling him "thought-provoking". I guess you think that peaceful white-supremacist grouos are merely thought-provoking too?

You are really, really pathetic.
I read an interesting article about black churches, it went into the fact that they can sound really angry or even racist at times...but the message really is meant to be positive reinforcement for the black parishioners. From an outsiders perspective that might appear dated, but the race issue in this country really isn't that old when you think about it...

-spence
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Old 03-01-2012, 05:15 PM   #17
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[QUOTE=RIROCKHOUND;924458] I'm not even Chu said it would be good, and he didn't reference any impact other than on transitioning to other energy sources.

“Somehow,” Chu said, “we have to figure out how to boost the price of gasoline to the levels in Europe.”



is it possible he thought this would be a bad thing?
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Old 03-01-2012, 05:20 PM   #18
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[QUOTE=RIROCKHOUND;924458]

The last lines:

Never mind that some energy experts say Chu had it exactly right, and that higher fuel prices would encourage consumers to buy more efficient vehicles, discourage suburban sprawl, make renewables more competitive and reduce U.S. reliance on imported oil. Not even Chu’s department is making that argument these days.

wouldn't be a very good argument...Obama motors can't sell the Volt, a boatload of Obama investments in green energy have gone belly up and we're still dependent on foreign oil where it is a powder keg currently....Obama is currently arguing for higher taxes on oil and gas companies however, which should help the cost of oil and gas plummet...right?
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Old 03-02-2012, 08:11 AM   #19
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Originally Posted by RIROCKHOUND View Post
I am in no means advocating that super high gas prices are GOOD. I'm not even Chu said it would be goo, and he didn't reference any impact other than on transitioning to other energy sources. The context that without a rise in gas prices, we will not move away from fossil fuels. This is probably a true statement

We need some kind of transition away from them, whether you believe we should for climate, pollution or national security. The reality is it will take some serious time to do (decades). The problem is, this can keeps getting kicked down the road...

The last lines:

Never mind that some energy experts say Chu had it exactly right, and that higher fuel prices would encourage consumers to buy more efficient vehicles, discourage suburban sprawl, make renewables more competitive and reduce U.S. reliance on imported oil. Not even Chu’s department is making that argument these days.

Read more: Steven Chu's Europe gas quote haunts President Obama - Bob King - POLITICO.com
"without a rise in gas prices, we will not move away from fossil fuels. "

Not true. We don't want gas prices to rise, that's not a healthy reason to transition to renewable energy. What we want is for renewable green energy to be cheaper than gas is today. Rockhound, if we set gas at $100 a gallon, then yes, it will be cheaper to buy crappy electric cars, and it will be cheaper to pay $50,000 to convert our houses to geo-thermal.

BUT WHO DOES THAT HELP? Anyone? Not that I see...

"The reality is it will take some serious time to do (decades)."

That's true, we are decades away from realistically-priced green energy. The question is, what do we do in the meantime? Because in the meantime, the world will use lots of oil. The countries that provide that oil, some of which are not very nice places, will make tons of money. It seems to me that here in America, we could use tons of money. Why let others get rich off of us? Why not cash in our lottery ticket, too? This is an issue for which I cannot fathom the view on the left, it's literally incomprehensible to me.

"The problem is, this can keeps getting kicked down the road..."

We are? Kicking the can down the road? Obama gave $500 million of our money (which he had to borrow from the Chinese) to Solyndra. Billions and billions of stimulus $$ went to green energy.

Rockhound, whoever invents the first electric car that actually works for American families, will instantly become the richest person who has ever lived. That's all the incentive that the private sector needs. They're working on it. It's just a hard problem to solve.
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Old 03-02-2012, 08:33 AM   #20
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That's true, we are decades away from realistically-priced green energy.
Mostly because of a very strong fossil fuel lobby. You are a math guy right? Try adding in all of the costs associated w/ oil, coal, natural gas into the mix and see where it comes out. You might be suprised. It would have to be an honest assessment that includes the cost of military involvement in the middle east, taxes and special tax breaks, etc. It is pretty complicated, but the numbers are interesting.

Also, the Volt a crappy car? I don't know where you get your info on that, but it has been almost unanimously received as a well made, incredible piece of engineering and gets excellent reviews for performance. Was that just "hyperbole", too?

No, no, no. we’re 30… 30, three zero.
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Old 03-02-2012, 08:50 AM   #21
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Mostly because of a very strong fossil fuel lobby. You are a math guy right? Try adding in all of the costs associated w/ oil, coal, natural gas into the mix and see where it comes out. You might be suprised. It would have to be an honest assessment that includes the cost of military involvement in the middle east, taxes and special tax breaks, etc. It is pretty complicated, but the numbers are interesting.

Also, the Volt a crappy car? I don't know where you get your info on that, but it has been almost unanimously received as a well made, incredible piece of engineering and gets excellent reviews for performance. Was that just "hyperbole", too?
"the Volt a crappy car? I don't know where you get your info on that"

From consumer demand. Even with a $7500 tax credit thanks to Komrade Obama, nobody wants them. (allow the hyperbole, as the truth is, almost nobody wants them).

Hard Times For the Chevy Volt - HUMAN EVENTS


Zimmy, you corrcetly stated that when you talk about the cost of oil, lots of thing sneed to be factored in. Try reading the link I posted, which talks about what the Volt ultimately costs, when you factor in the government subsidies.

And who ends up paying $40,000 for Chevy Volts? Not poor folks, but wealthy folks. So despite liberal claims that conservatives are the ones who want to make the rich richer, here is a case where Obama is giving everyone who buys a Volt (wealthy people), a $7500 thank-you from the feds.

How many janitors and men's room attendants are plunking down$40,000 for a car? Zero. I'd think bleeding heart liberals would be opposed to giving handouts to people who have $40,000 to purchase a car?

Almost nobody wants these cars. They're insanely expensive, and they're not practical.

No hyperbole. Just fact. Not facts that you will like, or even admit given your rabid fanaticism, but facts nonetheless.

Hard Times For the Chevy Volt - HUMAN EVENTS

"it has been almost unanimously received as a well made, incredible piece of engineering"

Despite some as-yet unexplained fires after crash-tests?

http://www.slashgear.com/volt-misses...oals-05206315/

The Volt was a sales flop, despite the fact that the feds were offering a $7500 rebate.

What do you say, Zimmy?
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Old 03-02-2012, 11:08 AM   #22
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I say that your silly, biased article has sales #'s that are less than half of what actual sales were at the end of the calendar year, never mind what they will be for the model year. So you get "crappy" from some moron who says "crummy," but does not speak at all about the technology, reliability, or performance of the car? As far as the rest of the "crap", new technology always costs much more to produce initially. Over time, the actual cost associated with it drop as well as the total cost of the investments. I see the Hannity type simpletons use the same stupid math game to say each volt costs $250,000. Yeah, if they only sold them for one year and never again.

No, no, no. we’re 30… 30, three zero.
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Old 03-02-2012, 07:55 PM   #23
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I say that your silly, biased article has sales #'s that are less than half of what actual sales were at the end of the calendar year, never mind what they will be for the model year. So you get "crappy" from some moron who says "crummy," but does not speak at all about the technology, reliability, or performance of the car? As far as the rest of the "crap", new technology always costs much more to produce initially. Over time, the actual cost associated with it drop as well as the total cost of the investments. I see the Hannity type simpletons use the same stupid math game to say each volt costs $250,000. Yeah, if they only sold them for one year and never again.
TODAY...

GM laying off 1300 due to low Volt sales

byJoel Gehrke

General Motors Co. announced the temporary suspension of Chevrolet Volt production and the layoffs of 1300 employees, as the company is cutting Volt manufacturing to meet lower-than-expected demand for the electric cars.

"Even with sales up in February over January, we are still seeking to align our production with demand," GM spokesman Chris Lee said. The car company had hoped to sell 45,000 Chevy Volts in America this year, according to the Detrot News, but has only sold about 1,626 over the first two months of 2012.

"GM blamed the lack of sales in January on “exaggerated” media reports and the federal government's investigation into Volt batteries catching fire, which officially began in November and ended Jan. 21," the Ann Arbor (Mich.) News reported.

The laid-off employees will be rehired April 23rd, when GM resumes production of the Volt.



I think Solyndra did the same thing just before they went belly up
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Old 03-02-2012, 08:17 PM   #24
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I say that your silly, biased article has sales #'s that are less than half of what actual sales were at the end of the calendar year, never mind what they will be for the model year. So you get "crappy" from some moron who says "crummy," but does not speak at all about the technology, reliability, or performance of the car? As far as the rest of the "crap", new technology always costs much more to produce initially. Over time, the actual cost associated with it drop as well as the total cost of the investments. I see the Hannity type simpletons use the same stupid math game to say each volt costs $250,000. Yeah, if they only sold them for one year and never again.

"has sales #'s that are less than half of what actual sales were at the end of the calendar year"

That's interesting. All of a sudden you sound like a data expert. If that's true, I can only imagine why you compared 3 years of Obama debt to 8 years of Bush debt. Now that's a real head-scratcher...

Let me ask you this, Zimmy. Is NBC biased against green energy? Because here's an article from MSNBC, an affiliate of NBC, which is very liberal...

News Headlines

Some key quotes...

"With sales lagging and inventories building, GM has decided to idle production of the Chevy Volt for five weeks. During that time, about 1,300 workers will temporarily be laid off."

"so far, Volt demand has fallen well short of original expectations. "

"when GM launched the Volt, it boldly targeted sales of 10,000 in 2011 and 60,000 in 2012. Last year, GM sold 7,671 "

OK. so even with a federal rebate of $7500, they still missed sales numbers by almost 25%, and now they need to lay production workers off. I'm sure Warren Buffet is dying to get a piece of this action.

Zimmy, when they make an electric car for $20,000 that performs the way a family needs it to perform, I'll be first in line. When massive federal subsidies can't convince people to buy this thing, that's called a flop. I'm not saying I like that. I'm just saying what it is.

"does not speak at all about the technology, reliability, or performance of the car?"

You keep talking about the performance of the car. This article, like the last one I posted, mentioned the as-yet unexplained battery fires, here's a quote...

"Then the controversy and investigation into Volt battery fires left a cloud hanging over the electric car. "

Zimmy, from where are you getting your info that this car has awesome performance? If i'm plunking down $40,000 for a car, I don't want to have to stop every 10 miles to plug it in for 12 hours, and on top of that, during those brief drives between re-charging, I have to remember to wrap my newborn in a fire blanket so he doesn't get burned to death? yeah, I'll go down and get mine tomorrow.

People don't want the car, Zimmy. If the car performed well, why don't people want it? Does everyone in America work for big oil, and that's why they won't buy it? For $40,000, you can get a big, comfy sedan, that actually has the high performance you're referring to.

I guess NBC gets its talking points from Shell Oil?

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Old 03-02-2012, 08:22 PM   #25
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" For $40,000, you can get a big, comfy sedan, that actually has the high performance you're referring to.
I can get a really nice used car for less than 10 grand and have more than 30 grand left to spend on gas
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Old 03-02-2012, 08:40 PM   #26
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"


Zimmy, from where are you getting your info that this car has awesome performance?

"has sales #'s that are less than half of what actual sales were at the end of the calendar year"
That's interesting. All of a sudden you sound like a data expert.
Jim, please understand I am done responding to you for now. I previously ignored your posts for awhile because I felt any discussion was just a waste of time. I am done again. You can call checkmate if you want, but please understand it is not an issue of me thinking that you are too good at making your points and I can't keep up. I am just bored. Your comments like having to stop every 12 miles to plug it in demonstrate that in this case, and some others you really have no idea what you are talking about. It is a plug in hybrid that goes between 25 and 50 miles on electric only, then runs on gas. More hyperbole or clueless? Hyperbole gets old... Here is some links for you...

2012 Chevrolet Volt Reviews, Pictures and Prices | U.S. News Best Cars

2012 Chevrolet Volt Consumer Reviews

oh also...

your article said 3200 volts sold. 7671 sold for the year as of Decmeber 31, 2011. You really need me to do the math for you?

Last edited by zimmy; 03-02-2012 at 08:48 PM..

No, no, no. we’re 30… 30, three zero.
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Old 03-02-2012, 12:39 PM   #27
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I am in no means advocating that super high gas prices are GOOD. I'm not even Chu said it would be goo, and he didn't reference any impact other than on transitioning to other energy sources. The context that without a rise in gas prices, we will not move away from fossil fuels. This is probably a true statement.
I've had a few clients that host conferences about clean energy. I leave on Sunday to go to Atlantic City for yet another one. One thing that is always referenced when considering new technologies is the price of oil. Things like "This technology is projected to be of comparable costs when oil is at $120/barrel" is a frequent mantra.

I've read that if Iran were to close off the Strait of Hormuz, oil is projected to spike to around $145-160/barrel and then settle $130-150/barrel. If that happens, mark my words, bills about clean energy will be back in Congress and a major call for more clean energy will happen.

I'm not much of a conspiracy person, but Iran "initiating" war would be an ideal case for Obama. Just as was stated during Bush's run for a second term, no president has lost a reelection while the US is at war. Also, after being reelected, oil prices would be through the roof and Obama's clean energy initiatives would actually be more affordable than oil.

Granted, there's a lot of speculation and hearsay in the above, but crazier things have happened. Stay Tuned.
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Old 03-02-2012, 05:02 PM   #28
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I've had a few clients that host conferences about clean energy. I leave on Sunday to go to Atlantic City for yet another one.
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JD, leave your wallet home.

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Old 03-03-2012, 09:45 PM   #29
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You make some very compelling points. But I expect gas to hit at least $5 this summer, and that's right when folks will be thinking about the election. $5 gas will not play well for Democrats. If this wasn't an election year for Obama, $5 gas would indeed be good or his green energy agenda (even though it would be bad for all of us).

I never thought about a conflict increasing his chances...
I think Iran and Obama's push to eliminate the oil and gas welfare give him an "out." I hope no one is surprised of the timing of Obama coming out in the last week or so and saying that we need to stop this welfare to the oil companies.

He will be able to displace blame for high gas prices by leveraging the record-breaking profits by oil companies and a continual push-back by the Republicans on his clean energy initiatives.

I can hear it now: "While there is no short-term solution to high gas and oil prices (my note: which there really isn't), my clean energy initiatives would help prevent these kinds of spikes in the future. But the Republicans are continually preventing progress towards getting us away from foreign oil."

And you know what, he'll be arguably right. Our economy hinges on a region that is less civilized than the Flinstones. Conflict in the Middle East immediately results in higher oil prices which then translated into higher fuel costs... thus raising prices on groceries, consumer goods and anything else that requires shipment.


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Good luck in AC, don't chase any inside straights.
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JD, leave your wallet home.
Appreciate the well wishes. Fortunately, I'm not much of a gambler. I was in Vegas for 9 days in early-February and I lost about $40 playing slots. Played mostly because I was out socializing with a client - cheaper than a meal out there.

This trip will be more of the same. Maybe a couple trips to the craps table, but that's about it.
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Old 03-04-2012, 05:20 AM   #30
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I can hear it now: "While there is no short-term solution to high gas and oil prices (my note: which there really isn't), my clean energy initiatives would help prevent these kinds of spikes in the future. But the Republicans are continually preventing progress towards getting us away from foreign oil."
you nailed it....except his clean energy initiatives keep going bankrupt and that's not the repubs fault...maybe they're just underfunded?...yep....that will worK

I was curious as to which Obama clean energy initiatives the Republicans could be blamed for thwarting since it seems as he's gotten most of what he wanted and it just hasn't turned out so well...this was the best I could find...


Here’s some of the renewable energy tax provisions, that congress could have had a chance to vote up or down, if the GOP had not filibustered the entire bill, rather than let the Bush era tax cuts for the rich expire.

Baucus Amendment 4727: To change the end date from 2010, by extending till December 2011:

1. Section 1603 of the American Recovery and Reinvestment Act – cash in lieu of tax credit for businesses not making a profit and unable to take the 30% tax credit

2. Tax credits for heavy hybrid and natural gas vehicles and a 30% investment tax credit for alternative fuel refueling stations.

3. Tax breaks for ethanol, 36 cents a gallon for blenders, and 8 cents a gallon for small producers. A 54 cents per gallon tariff on ethanol imports.

4. A $1-per-gallon production tax credit for biodiesel and biomass diesel and the small agri-biodiesel producer credit of 10 cents per gallon extended through 2011.

5. A 50-cent-per-gallon tax credit for biomass and other alternative fuels.

6. Tax credits for energy-efficient appliances and homes.

8. Adding $2.5 billion in funding for Section 48C the advanced energy manufacturing 30% tax credit for companies manufacturing advanced clean energy products and materials.

9. Reinstating the Research and Development tax credit.

Source: Clean Technica (Republicans Kill Section 1603 Renewable Energy Cash Grants - CleanTechnica)



isn't this CORPORATE WELFARE??? cash handouts and special treatment through the tax code...hmmmmm?

my favorite is CASH for businesses not making a profit that's great!

Last edited by scottw; 03-05-2012 at 07:20 AM..
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