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Thread: Gasoline prices zip toward $3 mark

  1. #61
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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by Dirty Harry View Post

    Nixon imposed price controls, Carter lifted them


    Just one week after taking office, Reagan removed price and allocation controls from crude oil and refined products. In other words, with a stroke of the pen, Reagan ended the energy crisis.

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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by Porchev View Post
    In other words, with a stroke of the pen, Reagan ended the energy crisis.
    How did Reagan affect the declining US oil reserves???

    And how did he encourage less US consumption?

    And how did he encourage the development and use of alternative energy?

    Reagan should be called the father of the US energy crisis!
    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

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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by Porchev View Post


    Just one week after taking office, Reagan removed price and allocation controls from crude oil and refined products. In other words, with a stroke of the pen, Reagan ended the energy crisis.
    Carter had already phased out most of Nixons price controls on oil by the time Reagan took office. It's funny how revisionist blame price controls on Carter when in fact Nixon did it. I guess if a lie is repeated enough everyone starts believing it.

    "Richard Nixon had imposed price controls on domestic oil, which had helped cause shortages that led to gasoline lines during the 1973 Oil Crisis. Gasoline controls were repealed, but controls on domestic US oil remained. The Jimmy Carter administration began a phased deregulation of oil prices on April 5, 1979, when the average price of crude oil was US$15.85 per barrel (42 US gallons). Over the next 12 months the price of crude oil rose to $39.50 per barrel (its all time highest real price until March 7, 2008.)[6] Deregulating domestic oil price controls allowed domestic U.S. oil output to rise sharply from the large Prudhoe Bay fields, while oil imports fell sharply. Hence, long lines appeared at gas stations, as they had six years earlier during the 1973 oil crisis."

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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by Dirty Harry View Post
    http://www.nytimes.com/2009/12/24/bu...?_r=1&emc=eta1

    We have too much capacity,” said Lynn D. Westfall, the chief economist at the Tesoro Corporation, a midsize refiner, who estimated that the industry’s capacity of 18 million barrels a day must be cut 5 to 8 percent. “We need refineries to be shut down.”

    Refineries, especially smaller ones, have been closing for many years. The number of refineries in the United States fell to about 150 in recent years from more than 300 in 1982. At the same time, the nation’s refining capacity grew by about 13 percent, as companies expanded their most efficient refineries.

    But the shutdowns are now coming so fast that the United States is losing capacity as refiners struggle to match their output to falling demand. Some energy experts have said that gasoline consumption most likely peaked in 2007, when it reached 9.7 million barrels a day, and will not rise to that level again.
    Is that because of the oil that comes here that is refined in other countries?

    Where Does the US Oil Supply Come From?


    Canada, Saudi Arabia, Colombia, Nigeria, Angola, and Iraq all contribute sizable amounts to the US oil supply. America also imports oil from Kuwait, Norway, the United Kingdom, Venezuela, Equatorial Guinea, and Algeria. Numerous other countries ship refined oil products to the United States to supplement the output of American refineries. The diversity of the US oil supply makes it difficult to cut off the country's supply of oil altogether, although wrinkles in the supply chain could be problematic.

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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by Catawba View Post
    No one said wind by itself. We already know enough about passive solar design to cut energy needs for buildings by 50%, freeing up energy for other uses. We've known how to do that for 35 years.

    Increasing the mileage standards for new vehicles will save more oil than the drill baby drill folks can come up with. Other countries are passing us by while we whine about how much it costs to fill up our hummers.

    The only thing lacking is the will to do it, so don't expect a lot of sympathy from me for those that continue to rely on a declining fossil fuel.
    You have proof for these statements?

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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by ptif219 View Post
    You have proof for these statements?
    Of course:

    "The term passive house (Passivhaus in German) refers to the rigorous, voluntary, Passivhaus standard for energy efficiency in buildings. It results in ultra-low energy buildings that require little energy for space heating or cooling."

    "A similar standard, MINERGIE-P, is used in Switzerland.[2] The standard is not confined only to residential properties; several office buildings, schools, kindergartens and a supermarket have also been constructed to the standard. Passive design is not the attachment or supplement of architectural design, but an integrated design process with the architectural design.[3] Although it is mostly applied to new buildings, it has also been used for refurbishments."

    "In the United States, a house built to the Passive House standard results in a building that requires space heating energy of 1 BTU per square foot per heating degree day, compared with about 5 to 15 BTUs per square foot per heating degree day for a similar building built to meet the 2003 Model Energy Efficiency Code. This is between 75 and 95% less energy for space heating and cooling than current new buildings that meet today's US energy efficiency codes. The Passivhaus in the German-language camp of Waldsee, Minnesota uses 85% less energy than a house built to Minnesota building codes."

    [ame=http://en.wikipedia.org/wiki/Passive_house]Passive house - Wikipedia, the free encyclopedia[/ame]

    In addition to the historical record, I built my own passive solar house in 1984 and have never achieved less than 50% reduction in energy needs for heating and cooling. And it costs me no more than conventional construction.


    "We cannot drill our way out of reliance on unstable oil sources. The Persian Gulf holds 65 percent of the world�s oil reserves, the U.S. only three percent. In order to curb our dependence on foreign oil, we must reduce our consumption overall.

    Since cars and light trucks account for 40 percent of all petroleum use in the U.S., the best way to cut our dependence on oil is to make vehicles go farther on a gallon of gas. Miles-per-gallon (mpg) standards enacted in 1975 doubled the fuel economy of new American cars and continue to save the United States 2.8 million barrels of oil per day. Unfortunately, fuel economy is now at a 21 year low as auto-makers sell more SUVs and other light trucks, which are allowed to meet lower miles-per-gallon standards than cars."

    Increasing Auto Fuel Economy Standards
    A report by the National Academy of Sciences shows that each automaker could produce a fleet of cars and light trucks that meets a fuel economy standard of 37 mpg within 10-15 years using cost-effective existing technology. In 2002, the Senate missed an opportunity to increase the fuel economy of cars and trucks to 35 mpg by 2013. This standard would:

    * Conserve one million barrels of oil each day in 2013; this is more than 12 times the projected daily yield from the Arctic National Wildlife Refuge in the same year.
    * Conserve 2.5 million barrels of oil each day by 2020�as much oil as we currently import from the Persian Gulf.
    * Save consumers a net of $4 billion annually at the gas pump starting in 2013, and the savings will increase as cars with higher fuel economy replace older vehicles.
    * Create more than 40,000 jobs in the auto industry, according to an analysis by the Union of Concerned Scientists of a slightly higher fuel economy standard.
    * Cut global warming pollution from transportation sources by 16 percent by 2020.

    Protecting The Arctic Refuge
    Drilling in sensitive areas such as the Arctic National Wildlife Refuge would do virtually nothing to reduce America�s dependence on foreign oil. In contrast, increasing fuel economy standards would have far-reaching benefits for our energy security.

    * The U.S. Geological Survey estimates that there are only six months worth of economically recoverable oil in the Arctic Refuge, which would not be available for at least ten years.
    * The Arctic Refuge would reduce U.S. oil imports by only two percent�from 64 percent to 62 percent of total oil consumption in 2020.
    * By 2017, the cumulative oil savings of a 35 mpg fuel economy standard would be greater than the total projected yield from the Arctic Refuge over its 50-year lifetime."

    New Energy Future

    Until we start using the renewable resources we already have available to us, any "energy crisis" we have is of our own making.
    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

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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by Catawba View Post
    Of course:

    "The term passive house (Passivhaus in German) refers to the rigorous, voluntary, Passivhaus standard for energy efficiency in buildings. It results in ultra-low energy buildings that require little energy for space heating or cooling."

    "A similar standard, MINERGIE-P, is used in Switzerland.[2] The standard is not confined only to residential properties; several office buildings, schools, kindergartens and a supermarket have also been constructed to the standard. Passive design is not the attachment or supplement of architectural design, but an integrated design process with the architectural design.[3] Although it is mostly applied to new buildings, it has also been used for refurbishments."

    "In the United States, a house built to the Passive House standard results in a building that requires space heating energy of 1 BTU per square foot per heating degree day, compared with about 5 to 15 BTUs per square foot per heating degree day for a similar building built to meet the 2003 Model Energy Efficiency Code. This is between 75 and 95% less energy for space heating and cooling than current new buildings that meet today's US energy efficiency codes. The Passivhaus in the German-language camp of Waldsee, Minnesota uses 85% less energy than a house built to Minnesota building codes."

    Passive house - Wikipedia, the free encyclopedia

    In addition to the historical record, I built my own passive solar house in 1984 and have never achieved less than 50% reduction in energy needs for heating and cooling. And it costs me no more than conventional construction.


    "We cannot drill our way out of reliance on unstable oil sources. The Persian Gulf holds 65 percent of the world�s oil reserves, the U.S. only three percent. In order to curb our dependence on foreign oil, we must reduce our consumption overall.

    Since cars and light trucks account for 40 percent of all petroleum use in the U.S., the best way to cut our dependence on oil is to make vehicles go farther on a gallon of gas. Miles-per-gallon (mpg) standards enacted in 1975 doubled the fuel economy of new American cars and continue to save the United States 2.8 million barrels of oil per day. Unfortunately, fuel economy is now at a 21 year low as auto-makers sell more SUVs and other light trucks, which are allowed to meet lower miles-per-gallon standards than cars."

    Increasing Auto Fuel Economy Standards
    A report by the National Academy of Sciences shows that each automaker could produce a fleet of cars and light trucks that meets a fuel economy standard of 37 mpg within 10-15 years using cost-effective existing technology. In 2002, the Senate missed an opportunity to increase the fuel economy of cars and trucks to 35 mpg by 2013. This standard would:

    * Conserve one million barrels of oil each day in 2013; this is more than 12 times the projected daily yield from the Arctic National Wildlife Refuge in the same year.
    * Conserve 2.5 million barrels of oil each day by 2020�as much oil as we currently import from the Persian Gulf.
    * Save consumers a net of $4 billion annually at the gas pump starting in 2013, and the savings will increase as cars with higher fuel economy replace older vehicles.
    * Create more than 40,000 jobs in the auto industry, according to an analysis by the Union of Concerned Scientists of a slightly higher fuel economy standard.
    * Cut global warming pollution from transportation sources by 16 percent by 2020.

    Protecting The Arctic Refuge
    Drilling in sensitive areas such as the Arctic National Wildlife Refuge would do virtually nothing to reduce America�s dependence on foreign oil. In contrast, increasing fuel economy standards would have far-reaching benefits for our energy security.

    * The U.S. Geological Survey estimates that there are only six months worth of economically recoverable oil in the Arctic Refuge, which would not be available for at least ten years.
    * The Arctic Refuge would reduce U.S. oil imports by only two percent�from 64 percent to 62 percent of total oil consumption in 2020.
    * By 2017, the cumulative oil savings of a 35 mpg fuel economy standard would be greater than the total projected yield from the Arctic Refuge over its 50-year lifetime."

    New Energy Future

    Until we start using the renewable resources we already have available to us, any "energy crisis" we have is of our own making.
    It is all nice but there is no oil shortage we have trillions of barrels the democrats will not let us have.

    U.S. HAS MASSIVE OIL


    There is an estimated 2 trillion barrels of oil buried beneath parts of Colorado, Utah and Wyoming. Geologists, petroleum companies and the federal government have known about these massive deposits for nearly a century. The trouble has always been: how do you get at it?

    It is believed that the shale deposits in the Green River region of Colorado, Utah and Wyoming are holding the equivalent of approximately 1.5 trillion to 1.8 trillion barrels of oil. Called �oil shale� or �shale oil,� according to scientists and petroleum companies, much of it cannot be recovered with current technology due to the costly processing involved and the depth of the deposits buried beneath the Rocky Mountains.

    Still, if only half can be extracted, scientists believe the amount is nearly triple the oil reserves of Saudi Arabia.

  8. #68
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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by ptif219 View Post
    It is believed that the shale deposits in the Green River region of Colorado, Utah and Wyoming are holding the equivalent of approximately 1.5 trillion to 1.8 trillion barrels of oil. Called �oil shale� or �shale oil,� according to scientists and petroleum companies, much of it cannot be recovered with current technology due to the costly processing involved and the depth of the deposits buried beneath the Rocky Mountains.

    Still, if only half can be extracted, scientists believe the amount is nearly triple the oil reserves of Saudi Arabia.
    That oil is extremely expensive to extract. Only when gasoline is back over 5 bucks a gallon will it be profitable to produce.

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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by Dirty Harry View Post
    That oil is extremely expensive to extract. Only when gasoline is back over 5 bucks a gallon will it be profitable to produce.
    Than why does Canada do it?

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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by Dirty Harry View Post
    Carter had already phased out most of Nixons price controls on oil by the time Reagan took office. It's funny how revisionist blame price controls on Carter when in fact Nixon did it. I guess if a lie is repeated enough everyone starts believing it.
    Price controls are wrong no matter who does it.


    Executive Order 12287
    Decontrol of crude oil and refined petroleum products

    •Signed: January 28, 1981
    •Federal Register page and date: 46 FR 9909; January 30, 1981
    Ronald Reagan Executive Orders - 1981

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