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 Replies: 22 / Views: 3,632 |
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Pillar of the Community
United States
863 Posts |
yea do opposite of what they say. by the time they get their message out to the public a new trend has already taken place and they have already jumped on it.
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Valued Member
Australia
216 Posts |
3 - 4 dollars a gallon.... And here in Oz we are paying $1.50 a liter. That is about $6 a gallon. Just more proof that Australia gets ripped off on prices on a regular basis.
Sorry, Rant over.
Edited by Peter S Thomas
06/24/2012 02:45 am
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Pillar of the Community
United States
3670 Posts |
Justified PST, as you fellows down under are paying twice what I am paying at now around 3.02 a gallon....
I scream that point all the time, bout how we got it so good here in the states, compared to areas from the UK, all the way across most of Europe and Asia, to China and Australia, where the average is anywhere from 5 to 7 bucks per gallon....
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Pillar of the Community
United States
4008 Posts |
Since most of the major oil and gas producers sell into the world markets, pricing differences among the various markets are usually do to taxes and to a smaller extent transportation costs. Gasoline and diesel fuel are very expensive in the UK now, for example, in spite of the fact that the UK is an oil producing country via its North Sea oil rigs. I would imagine that Australia is similar in this regard with both countries consuming more than they produce. Same for the US, where more oil is consumed than produced but gas production seems to be rising well beyond domestic consumption. I really like T. Boone Pickens idea of converting a substantial part of US transportation fuel to nat gas. LNG should make an abundant, reliable, and lower cost transportation fuel compared to oil.
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Pillar of the Community
United States
3294 Posts |
Gas might not be bad vehicle fuel except if you want it liquid, you need cryo temps so range will be more limited.
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Pillar of the Community
United States
808 Posts |
Natural gas looks really promising as a transportation fuel, especially now that home fueling is an option. The total price (nat gas consumed + electricity to run the compressor/pump) per gallon-equivalent is under $1.50USD.
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Valued Member
United States
362 Posts |
On a side note, I have been expecting cleaner energy sources to take off. Actually bought some stock in a nuclear company and its doing meh.... but I'm still expecting it to go up at some point lol.
But for all of y'all using the price of gas as some kind of comparison point, I would take that with a grain of salt. Gas and oil has to be one of the highest manually fluctuated things out there. So many people and organizations control the price of gas, more so then simply supply and demand. I would even say much more so then gold and silver!
Edited by ICanSeeYou7687
06/24/2012 11:35 pm
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Pillar of the Community
United States
863 Posts |
Nat gas is not as promising as many think. It takes a lot of water to make it and in water will one day be in short supply
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Valued Member
United States
272 Posts |
But I thought global warming was melting all the ice :)
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Pillar of the Community
United States
3294 Posts |
water covers 75% of the earth's surface. Any reason why we can't use salt water?
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Pillar of the Community
United States
808 Posts |
@nod2003 - you could use sea water or a local undrinkable water source for fracing. I think the concern mentioned earlier was potential over use of local fresh water resources in nat gas production.
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Pillar of the Community
United States
4008 Posts |
Quote:
It takes a lot of water to make it and in water will one day be in short supply Yeah, it's not as if we had oceans of the stuff or constant rain to replace all the fresh water that is used, is it?  Just messing with you. Yes, there IS a lot of water around but also a lot less high quality drinking water. Like all other resources on this rock, the easy to get and use stuff is being rapidly depleted and we will be switching to the lesser quality stuff instead. Thanks to improving technology, though, we should be fine with that. It's just not as cheap to do it that way. |
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Pillar of the Community
United States
2661 Posts |
Quote:
Everything points to a major silver drop on the edge of the event horizon. We have only witnessed its precursor, today, IMO. I'd hold off on any big PM purchases until the market sorts itself out. If silver falls below the $10 mark I will be  . I would then go on a spending spree that would even amaze my wife. Only the stuff I would buy would not shrink, tear, or ware out. One thing is for sure, I would have to get a bigger safe. |
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Pillar of the Community
United States
808 Posts |
Quote:Yeah, it's not as if we had oceans of the stuff or constant rain to replace all the fresh water that is used, is it? No kidding,Ed! I guess drought isn't exactly a common problem in Washington state.  |
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Pillar of the Community
United States
4008 Posts |
Quote:
No kidding,Ed! I guess drought isn't exactly a common problem in Washington state. Heh, it sure isn't! In fact, we are awash in the stuff to the point that flooding is a MUCH bigger problem than drought. Although we "only" get about 45-50" of rain a year where I live, less than 30 miles from here the Cascade foothills get 110-120" of rain a year... and that is a LOT of water!  |
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First Page
Posted 06/23/2012 10:01 pm
