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Thread: Oil rises above $90 amid US crude supply drop

  1. #251
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Lord Tammerlain View Post
    Actually ethanol increases performance, but does decrease mpg
    What he should be complaining about is ultra low sulfur diesel however, since I doubt his kenworth is a gas engine.

  2. #252
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Gill View Post
    If you are not a registered PE, then you not legally an engineer and can't call yourself one. Engineers are like everyone else, some are good and some are not.
    Legally? you mean all those engineers out there drawing a paycheck are illegals?
    What kind of engineer are you?
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  3. #253
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by drz-400 View Post
    What he should be complaining about is ultra low sulfur diesel however, since I doubt his kenworth is a gas engine.
    I complained about it, until my mechanic told me to put a gallon of oil in each tank, when I fueled up. It make my trucks boil black smoke from the stacks and lubricates my injectors, all at the same time. It's awesome!
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  4. #254
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Catawba View Post
    Drill baby drill is just a campaign slogan to work up the base uneducated about the fact we passed peak oil in this country in 1971.
    you appear to have a rather low opinion of those voters you're always fighting other americans for

    they sure seem to get duped a lot

    it appears people who don't think like you just don't think for themselves

    thanks

    seeya at the polls

  5. #255
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by The Prof View Post
    you appear to have a rather low opinion of those voters you're always fighting other americans for

    they sure seem to get duped a lot

    it appears people who don't think like you just don't think for themselves

    thanks

    seeya at the polls
    You mean the ones that have kept their head in the sand for the 40 years since we passed peak oil in this country? Yep, I don't have any sympathy for them. Will they figure it out before 2012? I have no idea, but for me its important to stand up for the truth whether you win or not.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  6. #256
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by apdst View Post
    I complained about it, until my mechanic told me to put a gallon of oil in each tank, when I fueled up. It make my trucks boil black smoke from the stacks and lubricates my injectors, all at the same time. It's awesome!
    I don't drive a diesel, but I have heard that the sulfur is supposed to be a lubricant in the fuel, so ya if your engine isn't made for it you probably should put an additive into it. The black smoke was probably from burning oil, not sure if thats good or not, but what do I know.

  7. #257
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    Ahlevah's Avatar
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by UtahBill View Post
    Yeah, nip research in the bud....thanks, Ronnie....
    The company was scrapped because it was inefficient, plagued by scandal, and unresponsive to market forces (It was kind of hard to run a company charged with creating a market for synthetic fuels after the bottom dropped out of the price of oil):

    (E)verything about the program was misconceived, and the decision to invest so much in synfuels seemed to critics an “emotional and romantic” response (Lee et al. 1990). The price prediction was based on assumptions of declining supply coupled with rising demand, economic assumptions deservedly termed “farcical,” (Cohen and Noll 1991). There was in fact no reason to believe that supply was declining worldwide, much less “running out,” Higher prices in 1980 were spurring companies to search for more oil and to find ways to enhance resource extraction. Arguably, the market, which was not investing in synfuels, was giving a useful and it turned out correct interpretation of future energy scarcity. Nonetheless, Congress passed the Synthetic Fuels/Defense Production Act by a four to one margin. As one critic later put it, Synfuels was a “quick-fix…high tech solution that embodied the panacea of massive investment and wondrous technologies,” (Willis 1987).

    But it was quickly apparent that the technology was not at all economically viable nor was the technology sufficiently proven to be undertaken on such a vast scale (Stanfield 1984). As Willis (1987) noted, five different agencies of government including the Office of Technology Assessment (OTA) criticized the program because the technology was untried and the goals overly optimistic (Grossman 1992).

    Of course, the SFC was mismanaged as well as misconceived and the incoming Reagan Administration (after arguably worsening the corporation’s management12) eventually terminated the project, with a resulting waste of between $1 billion and $3 billion. The project had missed all of its benchmarks, failing to create the great technological feat Carter had envisioned. It has been argued (Cohen and Noll 1991) that the synfuels program was closed down in part because it lacked a particular constituency in Congress determined to fight for its preservation as a way to please local voters. It had been a program developed in a crisis atmosphere and in the aftermath no one had a vested interest in preserving it. But the synfuels act of 1980 certainly cannot be said to have righted a market failure; there was no market reason to invest heavily in synfuel technology and market participants did not do so. Market failure presumes firms fail to respond to market signals. But instead, the signals market participants received were ignored by government. The market was essentially correct; government, on the other hand, appears to have failed.

    The History of U.S. Alternative Energy Development Programs: A Study of Government Failure
    Let me add that it was the Democrat-controlled House that (thankfully) pulled the plug and refused funding for it, so while you're thanking Ronnie you can also thank Tip O'Neill.
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by USA_1 View Post
    All more drilling does is use up our reserves faster. Then what? We have to find alternatives. Soon. Before it's too late. This short term thinking is what got us into this mess.
    By the way I am for drilling ANWR and Bakken, but that will not solve anything like the republicans claim. It's just too bad Carters energy policy was scrapped by Reagan. We could be driving cars that get 70 miles to the gallon by now and not importing a drop of oil.
    You live in a dream land

    Peak Oil Lie? US Has Utterly Giant Oil Reserves » Prism Webcast News

  9. #259
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Ahlevah View Post
    The company was scrapped because it was inefficient, plagued by scandal, and unresponsive to market forces (It was kind of hard to run a company charged with creating a market for synthetic fuels after the bottom dropped out of the price of oil):



    Let me add that it was the Democrat-controlled House that (thankfully) pulled the plug and refused funding for it, so while you're thanking Ronnie you can also thank Tip O'Neill.
    Neither of which were engineers.....
    the germans were running their war on coal derived synfuels, I guess we don't have the knowhow now that they did then....
    The first part of your post is just a collection of lame excuses. inefficient, plagued by scandal, and unresponsive to market forces (It was kind of hard to run a company charged with creating a market for synthetic fuels after the bottom dropped out of the price of oil):
    I have seen plenty of posts here from people who think we can legislate technological process today, like a manhattan project for alternatives to gas and diesel. Fact is, we have wasted 3 decades. The one good thing is that congress mandated cleaner burning engines, and in the process we came up with better MPG, more power, etc. One of the things car makers did to improve cars was OLD technology, the overdrive transmission. Light trucks get better mpg now than cars then back then....
    But car makers don't willingly look to the future either, except in their design labs where they come out with increasingly ugly cars.
    Another mistake, we didn't mandate energy efficiency for buildings while we were mandating cleaner engines for cars. The average car is off the road after 10 years, or average age of cars on the road is 10 years old, I forget which. HOUSES are "on the road" for 50 or 60 years, and longer, and they were all poorly built compared to today's energy standards, which are only a half step in the right direction. Architecture 2030 is a program that should go a long way in the right direction.
    There is plenty of blame and short sightedness to go around.
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by USA_1 View Post
    Exactly what bill did they block? Bush was against offshore drilling in Florida before he supported it. The GOP governor blocked offshore oil drilling in California.
    Anwar and he lifted an excutive ban and challenged them to lift the congressional banned and the democrats refused.

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