NinjaServe.org Forums
Home | About Us | Contact Us  
Quick Member Login:
Forgot password?
Servers:
Forum Statistics:
Forum Members: 1,680
Total Threads: 7,619
Total Posts: 66,383


There are 5 users
currently browsing forums.
  Server Status Register FAQ Members List Arcade gXboxLive Ninja RPG! Calendar Mark Forums Read
Non Registered Member! Please take the time to register now!

NinjaServe.org Forums » General Chat » Off Topic Discussion » Price of oil

Off Topic Discussion General chit-chat that doesnt fit anywhere else! :) No gaming related chat please.

Reply
 
LinkBack Thread Tools Display Modes
Old 03-13-2008, 10:06 AM   #1 (permalink)
Hyvatti
Senior Member
 
Hyvatti's Avatar
 
Join Date: Nov 2006
Location: Finland, Europe
Posts: 199


Price of oil

I wrote about this earlier too, but this feels even more pressing now as the oil breaks $110 per barrel, so bear with me.

This is only the beginning. Oil is still cheaper than it will be ever again. The oil production cannot keep up, it is in fact sliding, and other energy sources are not making up the difference between demand at these prices and production. So the prices have only one way to go. Will it double this year or in two years, I do not know, but I want to give you a heads up that you need to prepare for this.

My solution to the problem how am I going to pay for the energy in the future is to bet on the oil price rising on futures market. That way if the energy is getting more expensive, I'll have won the money to pay for it. Just started placing contracts carefully.

That cannot be the whole solution or solution for everyone. Thinking about how you are going to pay for double or 10 times as expensive gasoline will reward you in the near future. Think what to change to get rid of long commutes and how to make sure your life or business does not collapse in energy crisis in the next couple of years, or in a more general crisis on our infrastructure later.

I'm not one of those doomers that expect everything to collapse but to have a bit of advantage compared to other people in the next years think of these things and prepare my fellow gamers! It is best to have some kind of strategy in place right now.

I'm mostly reading the analysis here: The Oil Drum | Discussions about Energy and Our Future . There are a lot of crackpots there too, but the analysis on oil production are impressive.
__________________
=nsn= (Finn) Hyvätti
Hyvatti is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Stumble this Post!
Reply With Quote
Old 03-13-2008, 01:34 PM   #2 (permalink)
Pointzero
Senior Member
 
Join Date: Jan 2007
Posts: 352


Ya the price per barrel is going up but a big factor for Americans is the dollar. Just the other day i was watching a clip when a journalist asked if the weaken dollar had any effect on the price of oil. Her response was that she couldn't comment on the quality of the dollar because she would get fired if she did. Yes oil is going up but i think a big factor in this is the weaken dollar. Unlike Hyvatti, I think we are in deep shit. You people better get smart and get smart fast when it comes to money. The economy sux, the dollar sux, the presidential candidates suck, house marketing suck, employment sux (unless ur going to be an accountant like myself ), price of oil, food and basically everything sux. So basically everything sux. I would 1. take those plastic things in ur wallets idk wat u call them cuz i've never had one i think its called a umm a credit card ya thats it take that and chop it up. Alot of retards out there buy everything with a credit card infact most americans are in debt. The average family in america is 4000 plus dollars in debt.. duh wtf?! Another thing don't get into stock unless you know what you are doing. And i don't mean like how to go about doing it or even if u've been doing it for like a few years. I'm talking atleast 10 years plus under your belt. Next if u just bought a house and u find wat u paid for it is more then it is worth u better be looking for a new place to live soon cuz u prolly owe alot of money on that house money u prolly won't have in the next couple of years and the banks will be knocking. Which again brings me back the credit card thing in that don't buy anything you can't afford. But I mean I thought this was common sense. I mean where I live my friends say I have money and alot of them ask me how and I say common sense. Don't buy wat u can't afford. don't buy on credit. Don't get into stuff you don't know about even if u can make a quick buck. And save ur money. But apparently the average family doesn't know this because they have atleast $4000 of debt. Idk how? can someone explain this to me? So, yeah unlike alot of people who say its just alittle dip and little period in time that this whole crapfest is going to last. Well, I'm sry they and you are wrong. You all better hold on cuz its going to be along ride and alittle nasty. Don't be surprised when the rich get really rich and the poor get really poor. I'm banking on being able to get a job come graduation with low pay and riding it out at my parents house. Thank god they got some money... For others that aren't so lucky or those that believe its just a little faze have fun smacking ur face on the ground. Anyway sry for going on about this... I'm just tired of people being so clueless and stupid. Esp the fact the way the government is taking this..
Pointzero is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Stumble this Post!
Reply With Quote
Old 03-13-2008, 02:12 PM   #3 (permalink)
SGTalon
WC3 Admin. My IQ is 80.
 
Join Date: Apr 2006
Location: Lenox, MI
Posts: 883


The funny thing about the price of oil is that it is totally market dependent. Demand is high. THat means it is a seller's market. For some STUPID reason the US is not utilizing the resources that our giant country has. The US has more untapped oil within it's borders that it could use in hundreds of years. The ONLY reason they are not touching it is because of environmentalists. Oh NO! you might spill some oil!!! Meanwhile every 3rd world country on the planet is drilling as fast as it can. The US has such higher standards that the chances of a major spill is very low.

The ONLY way to bring down the price of oil is to increase supply. Right now the supply is controlled by people that are NOT our friends. Hugo Chavez, That dude in Iran, The Islamo-fascists etc.

The US is run on Oil. Period. Our entire economy is based on it. They use petroleum in everything from gas to condoms. Where do we have to buy it from? People that are at war (declared or otherwise) with us.

This is not a good thing.

People are hyping alternative fuels. The big one is Methanol. Methanol production has gone up 100x in the past couple years. Gues what that means... the price of corn has gone up. So much that places like the poor areas of Mexico are in danger of starvation. The price of corn is 4x what it was last year.

This is also not a good thing.

People hype Solar and Electric Power. Solar is just barely able to break even on most situations. Electric power in general is also dependent on petroleum to keep it running because... gues what? Environmentalists are opposed to the cleanest most powerful source of energy the world has been able to develop. Nuclear Power. Can't build a Nuke plant because of the dang environmentalists!

So i lay the blame for everything that we are going through on the Environmentalists. They are trying to destroy our way of life and drive the world back into the dark ages. No thanks.

BTW this is why i will never vote for a liberal.


But that is a great idea Hyvatti. The futures market is where all the profits are really being made on oil. It is not the oil companies. The Futures market makes many many times the profits on oil for literally no work.
__________________
=nsn= SGTalon

The coolest guy you know.... just ask me!

I am Nerdier than 97% of all people!!! http://www.nerdtests.com/ft_nq.php
SGTalon is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Stumble this Post!
Reply With Quote
Sponsored links
Old 03-13-2008, 02:18 PM   #4 (permalink)
Remedyz
WC3 Admin
 
Remedyz's Avatar
 
Join Date: Aug 2006
Location: Wisconsin
Posts: 2,902


One note about our oil. Because of the highcost of everything here because we have higher standards. Oil prices wouldn't drop that hardcore if we started drilling.

This is why I'm buying a motorcycle this summer and my Jeep is going to be sold after next winter. I like my money so eff having to spend it all to get somewhere.
Remedyz is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Stumble this Post!
Reply With Quote
Old 03-13-2008, 03:00 PM   #5 (permalink)
Jerry60k
Junior Member
 
Join Date: Feb 2008
Posts: 10


As for the higher standards in our oil drilling industry you are way wrong.That is my line of work I am a derrickhand google it if your unsure.I can tell you half or more than half the people that work on these drilling rigs are barely able to spell their own name let alone read safety/quality control bulletins.

I have witnessed oil blowing 100 ft in the air and 200 yards downwind from the source.We spent 3 days and nights cleaning up the mess and guess what if the EPA had come around there would have been a few thousand bucks worth of fines.They were nowhere to be found I have only seen them once in 2 years.

I have personally put thousands of gallons of soap into the earth while drilling and watched creeks and springs turn ghostlike in just a day or two in that immediate area.Have you ever seen a ecosystem die overnight ?

Alas I have to agree that foreign oil is not what we should be buying.I also think that anyone who would let drilling occur in our National Parks and other fragile ecosystems are out of their minds.I would gladly take them on a tour of what used to be some of WV's most beautiful areas and we only get oil on accident we drill for natural gas.

Just my 2 cents.As long as the demand is there I have a job with increasing benefits and pay everytime the price goes up
Jerry60k is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Stumble this Post!
Reply With Quote
Old 03-13-2008, 03:02 PM   #6 (permalink)
SGTalon
WC3 Admin. My IQ is 80.
 
Join Date: Apr 2006
Location: Lenox, MI
Posts: 883


I am gonna get me one of these...

Commuter Cars

Aptera

Intro*-*Loremo - low resistance mobile

They are already selling the Tango from commuter cars.

I think the Aptera is going to be the best from a performance and usability standpoint.

Check this out.

Automotive X PRIZE

The same people that brought us Private Space Travel are doing a $10,000,000 prize for the first to build a 100mpg car that is marketable and meets all safety standards.

Gonna be cool.
__________________
=nsn= SGTalon

The coolest guy you know.... just ask me!

I am Nerdier than 97% of all people!!! http://www.nerdtests.com/ft_nq.php
SGTalon is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Stumble this Post!
Reply With Quote
Old 03-13-2008, 03:18 PM   #7 (permalink)
Remedyz
WC3 Admin
 
Remedyz's Avatar
 
Join Date: Aug 2006
Location: Wisconsin
Posts: 2,902


loremo seems the most practical.
Remedyz is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Stumble this Post!
Reply With Quote
Old 03-13-2008, 03:22 PM   #8 (permalink)
Jerry60k
Junior Member
 
Join Date: Feb 2008
Posts: 10


Now thats what I am talking about.I would like to retire one of these days lol.
Jerry60k is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Stumble this Post!
Reply With Quote
Old 03-13-2008, 03:23 PM   #9 (permalink)
CorrosionX
WC3 Admin
 
CorrosionX's Avatar
 
Join Date: Apr 2007
Location: California
Posts: 905


There are 3 alternatives right now that you can choose to change to:
1. Change your current car into an all electric car by buying shit loads of car batteries and removing and selling the engine and totally redo your car from the inside. Fun project..but cost to rebuild it every 3-4 years its pretty high so would basically have to save all the money you save from gas and reuse it to buy the batteries. But you will not pollute...the gas/coal/nuke power plants will...so just blame them for all the pollution. It would be equal to if gas was 80 cents a gallon.

2. Go buy a diesel car, go any local fast food restruant and take their used vegatable oil throw it through some filters and boom free fuel. This is from a stock diesel car. No modifications need. You will get lowered mile per gallon by atleast 30-40% but its free.

3. Natural gas. Buy a natural gas car. Not sure where to buy them, because havent really looked...but its alot cleaner and cheaper I believe than gas.
__________________




Quote:
j_gurli3: stop, cmon be serious.
bloodninja: It doesn't get any more serious than a Rhinocerus about to charge your ass.
http://www.facebook.com/people/Ninja...Nubs/804728636
CorrosionX is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Stumble this Post!
Reply With Quote
Old 03-14-2008, 12:31 AM   #10 (permalink)
FatCobra
Junior Member
 
Join Date: Oct 2007
Posts: 14


I thought you had to change a few tubes to run off the oil but ive heard prices will come down some... as soon as iraq is ours!!!!, no really I know people who know people...it will come down some/ should and is suppose to.
__________________
`\/\/\/\/\/\/\'<~
FatCobra is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Stumble this Post!
Reply With Quote
Sponsored links
Reply



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


All times are GMT -4. The time now is 05:13 PM.
Powered by vBulletin® Version 3.6.11
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.0.0
Ad Management by RedTyger Skin Purchased from CompletevB


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103