Announcement
Collapse
Gas May Soon Cost $7 and $10 a gallon...
Collapse
X
-
Oil Prices Jump $6, Sending Stocks Down Sharply
http://www.nytimes.com/2008/06/07/bu...hp&oref=slogin
Comment
-
This is my favorite part:Originally posted by THE BOUNCER View PostOil Prices Jump $6, Sending Stocks Down Sharply
http://www.nytimes.com/2008/06/07/bu...hp&oref=slogin
"The spike came despite no specific disruption in the oil market, suggesting that the move was based on speculation"
Just pisses me off. We can no longer continue to allow our government to sit back and make us look like idiots. They are doing this right in front of our faces, and we just watch.
Let's raise prices on "speculation". Unbelievable. No shortages, no surge in demand....
The even funnier part about this, is Asia, and other surrounding countries are building coal & nuclear plants to help with their own energy crisis. So, this is just another BS reason for investors to cash in. Their demand hasn't increased because they are finding ALTERNATIVES.
Why every other country in the world has started production of such alternatives, and we haven't is simply beyond me
Comment
-
Saudi seeks meeting to tackle high oil prices
RIYADH, Saudi Arabia - Saudi Arabia will call for a summit between oil producing countries and consumer states to discuss soaring energy prices, Information and Culture Minister Iyad Madani said Monday.
The kingdom will also work with OPEC to "guarantee the availability of oil supplies now and in the future," the minister said following the weekly Cabinet meeting, held in the seaport city of Jiddah.
The Saudi announcement comes just three days after the biggest single-day price leap ever, when oil surged more than $11 to surpass $139 per barrel.
Retail gas prices rose further above $4 Monday in the United States, the world's largest oil consumer, following the unprecedented price rally.
The kingdom will work to ensure there will be no "unwarranted and unnatural oil price hikes that could affect international economies, especially those of developing countries," said Madani.
"There is no justification for the current rise in prices," he said.
Full Story: Saudi seeks meeting to tackle high oil prices - Yahoo! News
Comment
-
JUST DROVE MY DIESEL TO WORK ON Vegetable oil ! When all your gasoline cars are dead for lack of fuel I will still have options.Originally posted by redsquirrel View PostThat's EXACTLY what we are thankful for. Had we waited just 3 weeks to sell the diesel, we wouldn't have even gotten anywhere close to what was owed.
Comment
-
you think so do you. just wait until vegetable prices are more then diesel. lol. when something is in demand, price goes straight up as you know.Originally posted by 3v1lj03 View PostJUST DROVE MY DIESEL TO WORK ON Vegetable oil ! When all your gasoline cars are dead for lack of fuel I will still have options.
Comment
-
Because the oil companies have the major players in gov't in their back pockets. It all comes down to payoffs. Bush and his father both have major stock in oil companies.Originally posted by redsquirrel View PostFantastic.
So, can someone please explain to me WHY the Bush Administration, and Congress and the Senate- still refuse to impose ANY infractions on these oil companies?!?!
Comment
-
I get it for free from KFC or any other place that wants to stop paying to get rid of there used oil. I have been making bio diesel for several years also. IN any of my diesels I can burn any waste oil such as transmission fluid, motor oil, grease, you name it they can burn it. I also have a diesel generator with the same capabilities. These fuel prices have not taken me by surprise I have been planning for it for a long time. BTW new vegetable oil is more than mineral diesel right now even as high as mineral diesel is. The trucks will also burn any of the refined oils like, kerosene, JP5, home heating oil ect. I tried to go with gas engines at first but the alternative fuels are just too hard to make in the back yard. As you know gas engine vehicles are cheaper to buy and easier to find. But in the end the diesel gives you more easy options.Originally posted by THE BOUNCER View Postyou think so do you. just wait until vegetable prices are more then diesel. lol. when something is in demand, price goes straight up as you know.Last edited by 3v1lj03; 06-11-08, 10:00 PM.
Comment
-
just wait until kfc stops giving it away for free. my point is bro, anything that can be used for fuel will be in great demand. vegetable oils, grease, whatever. demand bro.Originally posted by 3v1lj03 View PostI get it for free from KFC or any other place that wants to stop paying to get rid of there used oil. I have been making bio diesel for several years also. IN any of my diesels I can burn any waste oil such as transmission fluid, motor oil, grease, you name it they can burn it. I also have a diesel generator with the same capabilities. These fuel prices have not taken me by surprise I have been planning for it for a long time. BTW new vegetable oil is more than mineral diesel right now even as high as mineral diesel is. The trucks will also burn any of the refined oils like, kerosene, JP5, home heating oil ect. I tried to go with gas engines at first but the alternative fuels are just too hard to make in the back yard. As you know gas engine vehicles are cheaper to buy and easier to find. But in the end the diesel gives you more easy options.
Comment
-
I have many skills bro. When it all falls apart your right but most people don't do anything about anything except complain. I may not be a survivalist with 3 yrs of food and fuel tucked away but I will make it. On what ever "fuel" there is. Do you think its gonna be Road Warrior sponging gasoline up off the road with a rag from wrecked cars?Originally posted by THE BOUNCER View Postjust wait until kfc stops giving it away for free. my point is bro, anything that can be used for fuel will be in great demand. vegetable oils, grease, whatever. demand bro.
Comment
-
i think everyone will have F1 cars and i will drive by and laugh at you spilling oil all over yourself. 2 Miles per gallon bitch! while i drive away at 215 mph. :fufool:Originally posted by 3v1lj03 View PostDo you think its gonna be Road Warrior sponging gasoline up off the road with a rag from wrecked cars?
Comment

Comment