Grainbelt, don’t know about “wardrobe”, but poor Montoya definitely had a “lapse”, plowing into the jet dryer while under a yellow flag! Weird. It might exemplify the difference between road racing, and the “running around in circles” mentality. It would also seem to apply as metaphor to “politics” with regard to knowing how to adapt to ever changing conditions, as opposed to following blindly a dogma of endless war, religious subjugation, and slavery to the “power elite”?
It has been realized and known for decades that we live on a finite planet with finite resources. As to oil the first documented article I read on this was in a 1996-7 (or so) in The Scientific American Magazine describing the “How” in how they had calculated all of the known accessible oil reserves and all of the ‘potential’ reserves’ (of known oil deposits) not currently accessible with current technology and/or environmental concerns and/or laws. The conclusion was that available oil reserves would peak in 2012 and that subsequent oil reserves would be on a decline from that point forward. (Note: This says nothing concerning “demand” for oil; it only addresses the available and potentially available oil reserves at that time.) What human kind did form that point in order to resolve and meet future energy demands was not discussed. However, if my calendar is correct we are there, 2012, and more drilling is only a short term, stop gap measure. So, do we continue with the ‘status quo’, the piece meal energy efforts by private industry, or do we inject FDR/JFK like programs similar too TVA, Hoover dam, The Manhattan Project and NASA thus seeking a National answer as one people united? It is your future and your children’s, I do hope that you make the right ‘long term’ decision(s) for every one’s future…especially for your/our children’s, children.
More than 70% of the trading for oil is purely speculative—by people who have no intention of ever taking possession of the oil. Thirty years ago, it was 30% speculative to 70% market buyers/sellers. OF COURSE when you have 3 times the people bidding for a resource, it runs up the price. Please, everytime you hear a news source blame trouble in the Middle East, or diminshing supplies, please point out that speculators are by far and away the biggest cause of price spirals. There is less demand for oil right now than available oil. The actual costs run about $75/barrel. Any additional cost is going to gamers—-another way Wall Street sucks us dry.
Dtroutma about 12 years ago
Yes, the little balloon DOES say it all!
Dtroutma about 12 years ago
Grainbelt, don’t know about “wardrobe”, but poor Montoya definitely had a “lapse”, plowing into the jet dryer while under a yellow flag! Weird. It might exemplify the difference between road racing, and the “running around in circles” mentality. It would also seem to apply as metaphor to “politics” with regard to knowing how to adapt to ever changing conditions, as opposed to following blindly a dogma of endless war, religious subjugation, and slavery to the “power elite”?
Odon Premium Member about 12 years ago
Greedy taxes imposed to build and maintain highways, bridges, etc.
leweclectic about 12 years ago
It has been realized and known for decades that we live on a finite planet with finite resources. As to oil the first documented article I read on this was in a 1996-7 (or so) in The Scientific American Magazine describing the “How” in how they had calculated all of the known accessible oil reserves and all of the ‘potential’ reserves’ (of known oil deposits) not currently accessible with current technology and/or environmental concerns and/or laws. The conclusion was that available oil reserves would peak in 2012 and that subsequent oil reserves would be on a decline from that point forward. (Note: This says nothing concerning “demand” for oil; it only addresses the available and potentially available oil reserves at that time.) What human kind did form that point in order to resolve and meet future energy demands was not discussed. However, if my calendar is correct we are there, 2012, and more drilling is only a short term, stop gap measure. So, do we continue with the ‘status quo’, the piece meal energy efforts by private industry, or do we inject FDR/JFK like programs similar too TVA, Hoover dam, The Manhattan Project and NASA thus seeking a National answer as one people united? It is your future and your children’s, I do hope that you make the right ‘long term’ decision(s) for every one’s future…especially for your/our children’s, children.
vhammon about 12 years ago
More than 70% of the trading for oil is purely speculative—by people who have no intention of ever taking possession of the oil. Thirty years ago, it was 30% speculative to 70% market buyers/sellers. OF COURSE when you have 3 times the people bidding for a resource, it runs up the price. Please, everytime you hear a news source blame trouble in the Middle East, or diminshing supplies, please point out that speculators are by far and away the biggest cause of price spirals. There is less demand for oil right now than available oil. The actual costs run about $75/barrel. Any additional cost is going to gamers—-another way Wall Street sucks us dry.
Noveltman about 12 years ago
NIMBY? You on the right are just as culpable.