[futurepilot]

Originally Posted by Soup Nazi

Your all or nothing strategy is ridiculous and reeks of ideologoy over reality. You're 23 though so its expected...

I have the ability right now for almost $2,000, to convert my car to be driven by an electric motor. It would run almost 200 miles on one charge, with 8 hrs charging time, from what i remember, my research is on my other computer.

If we even reduced our oil intake by 25% it would make the world of difference. If we converted Semi's tractors to electric it would be a quantum leap forward in moving away from oil.

Im not saying thats the answer to end all the worlds ills, but its a start. Better than drilling for more oil.

[Kruger]

Originally Posted by jmh80

Oh and this "2 years" business is stupid. If we opened the land off-shore in Florida, let's say, and we found enough BBL's for 2% of daily current US consumption.
You still develop that.

Actually, that would drop oil about 30%. The simple announcement that we start drilling and the spec go running....start investing in gold again

....but considering he doesn't trade or follow the markets that closely, he wouldn't know that.

[Kruger]

Originally Posted by futurepilot

I have the ability right now for almost $2,000, to convert my car to be driven by an electric motor. It would run almost 200 miles on one charge, with 8 hrs charging time, from what i remember, my research is on my other computer.

If we even reduced our oil intake by 25% it would make the world of difference. If we converted Semi's tractors to electric it would be a quantum leap forward in moving away from oil.

Im not saying thats the answer to end all the worlds ills, but its a start. Better than drilling for more oil.

Ah yes..the electric option. Maybe you should tell California and New York to upgrade that infrastructure because they are having rolling blackouts now because the grid can't handle it. And when New York goes out, it takes the northeast with it.

See, I already gave you that option. Drill for oil, use proceeds to upgrade the grid and build nuclear because if you switch to electric cars, thats what you are going to have to do to keep the millions of cars charged.

What do you think powers most of our electric plants now that you want to utilize? Coal.

So you want electric to replace oil? Pick Nuclear or Coal because wind and solar can't handle the load.

[jmh80]

Originally Posted by Soup Nazi

Ah yes..the electric option. Maybe you should tell California and New York to upgrade that infrastructure because they are having rolling blackouts now because the grid can't handle it. And when New York goes out, it takes the northeast with it.

See, I already gave you that option. Drill for oil, use proceeds to upgrade the grid and build nuclear because if you switch to electric cars, thats what you are going to have to do to keep the millions of cars charged.

What do you think powers most of our electric plants now that you want to utilize? Coal.

So you want electric to replace oil? Pick Nuclear or Coal because wind and solar can't handle the load.

I was going to post just that on the electric option.

The price of electricity would go through the ROOF if you had a large number of people convert to electric motors.

Talk about complaining then. We'd switch from railing on the oil companies to the electric companies.

(Never mind the billions to make said infrastructure upgrades across the US...)



To be fair - natural gas generation is seemingly picking up across the US (not just the Gulf south) because some companies view a possible CO2 cap system in the future (and natural gas has less CO2 emissions than coal).
Oh wait - it takes drilling for natural gas. Eh, oh well.

[timmmah]

Originally Posted by Soup Nazi

Obviously you don't trade oil or know the margins of the oil companies. When the price goes up there margins go DOWN. When they have record profits they have record expenses. But that's ok, because if you really want to go down the route you suggest, get ready for $9/gallon of gallon for the next 10 years while your tax money get spent on "research".

I don't trade oil. That is correct, you must be a psychic. How do we benefit from allowing offshore drilling? How's my dead aunt Claire doing, is she still writing canoli recipes for children?

[timmmah]

And what route did I suggest? Did I suggest a plan of action subliminally? you are waaaay better than Deanne Warwick, she charges too much

[futurepilot]

Originally Posted by Soup Nazi

See, I already gave you that option. Drill for oil, use proceeds to upgrade the grid and build nuclear because if you switch to electric cars, thats what you are going to have to do to keep the millions of cars charged.

What do you think powers most of our electric plants now that you want to utilize? Coal.

So you want electric to replace oil? Pick Nuclear or Coal because wind and solar can't handle the load.

I can use my solar powered generator. That deals with the problem of reliance on the grid. Its portable. And should it be a cloudy day your trunk is converted into a battery store house, for rechargeable batteries. So the batteries that were run down by usage can be replaced by these new ones.

[futurepilot]

Originally Posted by Soup Nazi

....but considering he doesn't trade or follow the markets that closely, he wouldn't know that.

You should start a thread called: How condescending can the soup nazi be.

Just because i dont brag about my job or expertise in the market, doesnt mean that im ignorant to how things work.

[thesinner]

Ok SN, we're on page 4 now. Seriously, just say it already.

"No Oil for you!!!"

[Kruger]

Originally Posted by futurepilot

You should start a thread called: How condescending can the soup nazi be.

It would go right in line with your "How wrong can I be" thread.

Just because i dont brag about my job or expertise in the market, doesnt mean that im ignorant to how things work.

Yes...with your logic you would argue with a driller on how to drill.

[Kruger]

Originally Posted by timmmah

And what route did I suggest? Did I suggest a plan of action subliminally? you are waaaay better than Deanne Warwick, she charges too much

Its Dionne.

And more supply means lower prices...its that whole pesky supply and demand thing again..

[Kruger]

Originally Posted by jmh80

I was going to post just that on the electric option.

The price of electricity would go through the ROOF if you had a large number of people convert to electric motors.

Talk about complaining then. We'd switch from railing on the oil companies to the electric companies.

(Never mind the billions to make said infrastructure upgrades across the US...)



To be fair - natural gas generation is seemingly picking up across the US (not just the Gulf south) because some companies view a possible CO2 cap system in the future (and natural gas has less CO2 emissions than coal).
Oh wait - it takes drilling for natural gas. Eh, oh well.

Yeah....its another example of how people don't think things through. Instead of oil I want electric.....while not understanding that most the electric companies use coal which is 10x worse for the environment than oil...but hey, don't let those facts get in the way

[Kruger]

Originally Posted by thesinner

Ok SN, we're on page 4 now. Seriously, just say it already.

"No Oil for you!!!"

[thesinner]

Originally Posted by Soup Nazi

Its Dionne.

And more supply means lower prices...its that whole pesky supply and demand thing again..

Worded a little funny, but I'm sure you're talking in absolutes as opposed to relatives or using the transitive property or something. Both supply and demand have actually been increasing for quite some time.

As qty supplied increases, price actually increases. The X/Y chart shows supply curve with a positive slope (Q increases with S). Of course, this is based on how much you can produce. As production increases, quality/productivity decreases, meaning that after a certain point, it costs more $$$ to produce more petrol-based goods. (jmh and I call this "3rd shift".