in ecuador where a friend just returned from vacation. diesel is $1.30 per gallon and regular unleaded is $1.03...............

on another note, stopped by a local scooter shop... 80mpg... scooters at several shops are sold as they are unloaded off the shipment truck or backordered. good time to invest in a company such as Vespa, etc... these scooter things are selling like hotcakes!

looks like i'm getting a scooter!

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PRGbuilt
born 12/3, purchased 1/4 '04 Smoke SE KC PRG MT kit, CST spindles, PRG Spec'd SAWs 2.5" C/Os w/Eibachs, SAW Airbumps, CST carrier bearing, 37x12.5x17 Pro Comp Extreme All-Terrains, American Racing Mojave Teflons, HID low beams, Magnaflow custom exhaust, Injen CAI Filter, ID FRP prerunner fenders, front windshield tinted, Optima Yellow Top, Pioneer AVH-4100DVD w/ipod adapter connected to 80gb iPod, Sirius, HD radio tuner, Hertz 6.5" Components front, Boston 6.5" rear, Boston G1 10" subs, tech12 sub enclosure, Alpine amps, Eclipse BEC106 backup camera, TrueTrac, regeared from 2.94s to 4.11s, CTW TT prerunner fiberglass bedsides, Giant Motorsports under axle conversion kit w/64" deavers (21" rear travel) with Giant custom built rear bedcage and KING 3.0 bypass shocks...

VIDS!!! http://vimeo.com/groups/h00ligan/videos

Good. They are making their multi million dollar bonuses, the stock holders are happy, their resumes are looking great and as they say, "It's only business!"

Of course the reverse side of the oil business and their glorious profits is when our neighbors, lost just shy of a billion, yes a billion, when the bust hit back in the eighties. You can win big and loose big, and not many people have had the balls over the years to play in the oil game. Hell our rigs were quarter to half million dollar gambles with only about a 30% chance of making anything. Some of them hit, some we lost big, but if there were not those huge profits to cover the 70% failure, then most of you would not be driving because no one could afford to drill.

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05 kc le 4x4 mods: Vk-pro, Injen intake, Dre coilovers, infinity steering wheel and console. needs: this list is way to long

good point but alternative fuels would have been light years ahead of where they are now, especially had it not been for the oil companies suppressing the advancement of alternative fuels.

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PRGbuilt
born 12/3, purchased 1/4 '04 Smoke SE KC PRG MT kit, CST spindles, PRG Spec'd SAWs 2.5" C/Os w/Eibachs, SAW Airbumps, CST carrier bearing, 37x12.5x17 Pro Comp Extreme All-Terrains, American Racing Mojave Teflons, HID low beams, Magnaflow custom exhaust, Injen CAI Filter, ID FRP prerunner fenders, front windshield tinted, Optima Yellow Top, Pioneer AVH-4100DVD w/ipod adapter connected to 80gb iPod, Sirius, HD radio tuner, Hertz 6.5" Components front, Boston 6.5" rear, Boston G1 10" subs, tech12 sub enclosure, Alpine amps, Eclipse BEC106 backup camera, TrueTrac, regeared from 2.94s to 4.11s, CTW TT prerunner fiberglass bedsides, Giant Motorsports under axle conversion kit w/64" deavers (21" rear travel) with Giant custom built rear bedcage and KING 3.0 bypass shocks...

VIDS!!! http://vimeo.com/groups/h00ligan/videos

In this administration, the only answer seems to drill more. Now they want the ANWR to drill on. When that is gone what site will they want next?

There are plenty of deposits now tapped that just require more effort to get more crude from them as most of the "easy" oil has been pumped out. I say they should work to deplete these sites prior to pumping from such environmentally sensitive sites as ANWR. In conjunction with the more difficult pumping, we should require that all government vehicles used soley for urban use be down-sized from SUVs to much more efficient smaller cars and maybe even electric cars. If you only need to travel 20 or 30 miles a day in an urban environment why drag two tons of steel around? We need to trim the status of some of these Hired Government Folks down to that of the common man; especially if we are footing the bill.

Also, in conjunction with this, we need to push the use of wind and solar (PV) systems on homes and businesses where it can be used to good advantage. They can be grid tied such that when the power they develop exceeds the needs of the home/business, the meter runs backwards and you get a credit from the power company. Also solar hot water. These few uses would help take some of the load off the petro system and put off the need to drill in environmentally sensitive areas. Continued development of clean-burning coal fired systems is a must as it is our greatest fossil fuel source.

Have you seen what Germany and Turkey pay for a gallon of unleaded? As of 5/30, both Germany and Turkey were paying $11.49 a Gallon!!! Bet they don't "cruise the strip" too often.

Red

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2005 Titan KC SE, Helwig, True-Track, ARE MX Canopy

good points again R, solar power usage, technology, and subsidies are definitely increasing.......it's a really good industry to begin investing in, it's a little more stable than ethanol and even the other alternatives....

refineries too though udm......why haven't they constructed any new refineries in the past say, 20-30 years? increase capacity man! even though they cost a billion or two, can you imagine the first US company who aggressively builds the first new refinery in decades? immediate goodwill amongst the public, wall street, government, etc......short term decline in profits, long term would be a different story though

but more refineries would cause profits to decrease, not margins Mr. B, but in absolute dollars, so the ole refineries from the jurassic era will have to do

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'04 2wd with PRG stuff......



"Wait a minute. What did you just say? You're predicting $4-a-gallon gas? ... That's interesting. I hadn't heard that." --George W. Bush, Feb. 28, 2008

The primary reason for not building more refineries has been the permitting process along with all the increased safety and environmental restrictions. It was much cheaper to import than to build to the regulations.

I could be wrong, but I recall that almost all of the oil from the Alaska fields shipped through the pipeline was sent off shore for refining and sales. This, despite refineries in Washington State, at Cherry Point. I always wondered why gas was so expensive in Washington State, irrespective of state taxes when we had an in state refinery and close to the wellhead...

Gives one pause; doesn't it?

Coupled with improved petro systems; we need to build more Nuclear Plants. They are the only current systems that do not pollute during the energy production cycle. Solar and wind also do not. Despite all the rumors associated with Three Mile Island, which was a major accident, not a single person was injured. Compare this to the numerous refinery accidents that have occured nationwide. True, the storage of Nuclear Waste is a problem; but one that can be managed with the opening of the Yucca Flats storage facility. Here again, America is tied up in permitting and environmenal issues. We can't certify that the facility is safe forever, but certainly make the scientific evidence backed statements that it is good for thousands of years. Nothing is forever.

Red

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2005 Titan KC SE, Helwig, True-Track, ARE MX Canopy