Oil economics

“Oil is over $107 a barrel.”

“Sawdust has reached $100 per ton, up from $25 per ton in 2006. The housing slump is creating a sawdust shortage. From what I've read they use sawdust to make certain interior components in cars like steering wheels.”

“So, when oil hits $200, no need for cars or saw dust?”

“You'd have to think at $200 per barrel gas would be close to $7 per gallon. People will driving a lot less and everything will cost a lot more.
last edited: 3/10/08 10:40:42 AM”

“isn't that good for the environment? Less oil consumption and less demand for manufactured goods means less carbon footprint. You would think these silly libs would herald this as a good thing”

“It's not yet curtailing usage.”

“Its only at $107 a barrel, I was talking about at $200 a barrel.”

“I am buying 2 Hummers”

“We don't need to know about your sexual exploits WK.”

“Hey there! How is your wife feeling? She is due soon, yes?”

“Due? She's done, and so is little lugnut #2 (aka Nina).

”

“I brought up the "sawdust crunch" a week ago on this thread - its not good news for pellet stove owners.

http://www.thebackpacker.com/trailtalk/thread/34205,-1.php#1730053”

“Cute baby!
Can you burn corn kernals in those stoves? Although corn is probably high in price now too.”

“See that thread, I talked about it a little lower down. Bottom line, you may be able to burn some corn in pellet stoves, and you can burn all pellets in corn stoves.”

“They were talking about them on our local news. Something about the corn can attract rodents so you have to keep it contained. The big issue around here in some townships is the outdoor woodburners. Because of all the smoke some areas are banning them or making people install smokestacks.”

“Congrats Hubcap.

Looks like one of our larger businesses is soon shutting down, Louisiana-Pacific, our largest lumber mill. Between the rising cost of fuel and the lower price of timber, loggers can't afford to cut and haul wood. Currently the landowners are getting $18 a cord (weight, not volume), down the $28 I got when selling mine a year ago. The bars and taverns are already feeling (shudder) the impact of metro folks not coming up for snowmobiling, etc. Less drunks on the road cannot be a good thing.”

“I dont think any outdoor burners are EPA certified.”

“Maybe not, people sure do complain about them from what I read in the newspaper. In some areas you have to have two acres of land or you can't use one and I think the chimney has to be higher than the nearest home or something like that.”

“Oil inventories up 3 times expected, what's in your tank?

More evidence that speculation is the fuel of Fat Ass Gas.
last edited: 3/12/08 7:35:13 AM”

“All time high price for oil,

I'll have to dawn my hat of foil.”

“Another all time high for oil

I'm adding one layer of foil.”

“sale...its DON, as in "DON my own foil hat" not Dawn...jeeze don't they have a dictionary at the mental institution?”

“That where you go wrong, it is morning ,maybe you need some coffee so you can see the light of DON.”

“Henry Paulson,' Since the start of the market tErmoil that started last summer...'. Get real the turmoil started when spending tried to reach the space shuttle 6 years ago and as liars go Hank is at the bottom of the list.”

“I was just reading some material on MSN about biofuels and the world food shortages. Some of the problem has been the weather and poor harvests in other countries, but biofuels are making the problem worse. Here's a few paragraphs:

"Food prices are already way up in North America but not as much as feed prices because manufacturers, processors and retailers such as Wal-Mart Stores (WMT.N) have found ways to hold the line by cutting expenses. But they can dam up the flood of food inflation for only so long. Just this week, Procter & Gamble (PG.N) announced it was raising prices on many of its foods products, including Folgers coffee. J&J Snack Foods said it would lift prices by as much as 12% in April to offset costs, and local newspapers have been rife with stories about pizzerias both raising prices and cutting back on crust thickness and cheese quantities.

Joseph R. Dancy, who teaches law at Southern Methodist University and runs a small hedge fund, lays the immediacy of the crisis directly on ethanol-production mandates in an energy bill recently passed in the U.S. The bill, intended to boost America's energy independence, is expected to push as much as 31% of the U.S. corn crop into biofuels production, up from 24% last year. In other words, at the exact moment we most need corn on our plates, it is being funnelled into cars. A full tank of gas requires the equivalent of a quarter of a ton of raw foodstuffs, enough to feed one person bread for a year.

Coxe's solution: As a first step, shut down all ethanol plants immediately. "It's criminal to burn corn for fuel when we are out of food," he said. In a particularly pernicious development, he noted that a big boost in demand for soybeans for use as biodiesel in Europe has driven up the price of palm oil in Southeast Asia, where it is the main source of protein for the poor."
last edited: 3/13/08 2:17:51 PM”

“Cars have always been the devil, but you and you thought they were a necessity and the bridge to the ultimate freedumb of choice and even beyond the last turn of a 500 miler. But now that it's your car or your wife and kids that have their eye on that last cob of corn, you look down at that shot gun that your holdin in your hand--Hollis Brown didn't have that option.
last edited: 3/13/08 3:31:52 PM”

“fertiliser is a major factor in production of food... and fertiliser is made from... OIL!

So we are using oil to make fertiliser, oil and fertiliser to grow crops, more oil to make alcohol and then burning instead of oil....”

“Bush wants us to cut the amount of gas we use.....

The best way to stop using so much gas is to deport 11 million illegal immigrants!


That would be 11 million less people using our gas. The price of gas would come down.....
Bring our troops home from Iraq to guard the Border....

When they catch an illegal immigrant crossing the border, hand him a canteen, rifle and some ammo and ship him to Iraq ...
Tell him if he wants to come to America then he must serve a tour in the military....
Give him a soldier's pay while he's there and tax him on it....

After his tour, he will be allowed to become a citizen since he defended this country.....
He will also be registered to be taxed and be a legal patriot.....


This option will probably deter illegal immigration and provide a solution for the troops in Iraq and the aliens trying to make a better life for themselves.. ....

If they refuse to serve, ship them to Iraq anyway, without the canteen, rifle or ammo.....
Problem solved.....
George Carlin's Solution to Save Gasoline”

“Dood, all of the 56 million illigrants drive Priuses and live less that two blocks from your next door neighbors old job. Oh, don't mention these people, they're are good god fearing americans giving them the jobs. So, the illigrant employers get the canteen treatment also?
last edited: 3/14/08 7:35:43 AM”

“Bust all the employers and the problem goes away.   It 'pulls up stakes' and hits the road.”

“Jack Link of beef jerky fame employs quite a few illegals in his plant down the road 12 miles. Not sure if they actually do the work, or if they just blend 'em in with the road kill.”

“On the CBS news last night they said gasoline costs $9 per gallon right now in England. I doubt they are driving far with gas costing that much. The cabbies were complaining, but they said they either pay it or they don't work.”

“Yeah, I was wondering what gas prices must be like in Europe right now ----”

“I read biofuels have been moving into Europe made from soybeans and making the price of soybeans to rise causing riots in some Asian countries.”

“I want to see more diesel here in America. The modern diesel four cylinder is better on petrol than hybrids.”

“Every house should have an oil well in the front yard and a refinery in the back. Oh Having all the wonderful things of your Chevrolet in the USA. Leave room around that well for a driveway to get your Chevy in it's bedroom.
last edited: 3/15/08 9:19:50 AM”

“When it comes down to whether the people are fed or the cars, who wins that fight?”

“When airline flights are being cancelled for lack of passengers we will revisit that question. The problem is one of lifestyle and it's neccessary mentality- the machine'll get me out of this fix.

Change of, was Wright wrong?”

“Wait till OPEC switches to euros.”

“During the middle ages the nobles dined at banquet while the peasants starved.... the rich will eat and drive hummers while the rest of us....”

“How much fossil fuel will it take to bring us March Madness and the NBA playoffs to follow? But, that's okay, it's an expense of doing business.”

“I read in the morning newspaper that the local buses have seen a 31% increase in passengers for Feb. The director of the bus line said that was the highest increase ever. People are parking their cars and taking the bus.”

“Steve, that was one of the lesser reported theories on the Iracle Debacle..... that Saddam was going to take his oily product off the almighty dollar.”

“But, Kuwait made the first move, hope their chandeliers are still hanging.”

“I've decided I hate my new car. So I am looking at this for my contribution to my own oil economics:

2009 Mercury Mariner Hybrid



http://hybridreview.blogspot.com/2008/01/2009-ford-escape-hybrid-and-mercury.html
last edited: 3/16/08 11:09:36 AM”

“Here are a few fossil fuel thoughts that I found interesting.
"Few people realize how much energy is concentrated in even a small amount of oil or gas. A barrel of oil contains the energy-equivalent of almost 25,000 hours of human labor. A single gallon of gasoline contains the energy-equivalent of 200-to-500 hours of human labor.
Because petrochemicals are key components to much more than just the gas in your car. As of the year 2002, approximately 10 calories of fossil fuels are required to produce every 1 calorie of food eaten in the U.S.
The construction of an average car consumes the energy equivalent of approximately 20 barrels (840 gallons) of oil. Ultimately, the construction of a car will consume an amount of fossil fuels equivalent to twice the car’s final weight.
The construction of the average desktop computer consumes ten times its weight in fossil fuels.
The production of one gram of microchips consumes 630 grams of fossil fuels. According to the American Chemical Society, the construction of single 32 megabyte DRAM chip requires 3.5 pounds of fossil fuels in addition to 70.5 pounds of water."”

“It all seems very wasteful, doesn't it?”

“What's the word on vacuum tubes?”

“Maybe, but it just shows how difficult it will be to replace oil with something else. Oil at a reasonable price is vital to modern society. Even alternative energy sources are in a way a derivative of oil. It takes oil to make them. It takes oil make parts for alternative energy sources, to build dams, install windmills, ocean turbines, etc.”

“rich, alternative energy sources can be built with alternative energy sources. Once RE gets built out an becomes a decent percentage of the grid, you'll be using it like it or not.”