Oil Slick Stuff

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So I guess these FOOLS will mount a GPS in all the trucks and Cars and monitor usage and maake sure you don't go where you are not authorized? Big Brother again!!:nuts:
 
nnuut said:
Yeah this is just what we need!!! RATS!!:mad: View attachment 5246

A gas tax, minus the gas 2:24
As fuel-efficient cars and consumer cutbacks gouge gas tax revenues, the government may enact a "miles traveled" tax.
http://money.cnn.com/video/#/video/news/2008/12/16/news.121608.highway.cnnmoney
Click to expand...

that would be a regressive tax on westerners and rural people. Gas stations along highways, small middle-of-nowhere gas stations between bigger towns may already be struggling more than in-town gas stations, tho don't know that for a fact. If those little mid-point gas stations go out of business, will be a lot harder for long-distance travellers in the wide-open spaces. I've been concerned about that issue for years now. Hope it doesn't materialize.
 
That Too, and the stations in the country pay more for their Gas, due to transportation costs, I guess?:o
 
nnuut said:
So I guess these FOOLS will mount a GPS in all the trucks and Cars and monitor usage and maake sure you don't go where you are not authorized? Big Brother again!!:nuts:
Click to expand...
Norm,

The old saying is true, "If you buy it, gov't will tax it!"

If they can count it, they'll average it out for everyone. That's how they bill electricity in California. Based on 1975 numbers of course. I'll try and show you an example.:cool:
 
DRILL DRILL DRILL:D

5 Oil Companies High Bidders for Leases in Alaska Reserve
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by Kathy Shwiff Dow Jones Newswires Wednesday, December 17, 2008

ALASKA (Dow Jones Newswires), Dec. 17, 2008
Anadarko Petroleum Corp., ConocoPhillips, Petro-Canada, FEX LP and Petro-Hunt LLC have won 10-year leases to drill in in northern areas of the National Petroleum Reserve in Alaska.
The companies submitted high bids of almost $31 million for 150 tracts in the Northwest and Northeast portions of the reserve.
The Bureau of Land Management accepted all high bids in the Sept. 24 oil and gas lease sale and has mailed lease offers to the high bidders. If the companies accept the lease offers and pay the balance of the bonus bid, the annual rental and lease processing fee, the federal agency will issue the leases.
When it announced plans for the lease sale this summer, the bureau estimated the leases could result in the development of as much as 8.4 billion barrels of oil and trillions of cubic feet of natural gas for shipment to North American markets through gas pipelines currently in the planning stages. The U.S. consumes almost 7.5 billion barrels of oil each year.
There are 335 leases on 3.1 million acres in the reserve. The September lease sale included high bids on about 1.7 million acres within the 23 million-acre reserve, which lies just west of the Arctic National Wildlife Refuge.
http://www.rigzone.com/news/article.asp?a_id=70800
 
I hope it drops below $40 a Barrel just so I can hear OPEC SQUEEL!!!!!:D:D:D:D
Time........,...Barrel.....Daily Status.....
12/15/08
Settle.........$44.51........-1.77
12/16/08
Settle.........$43.60..........-.91
12/17/08
Settle.........$40.06.........-3.64
 
nnuut said:
DRILL DRILL DRILL:D

5 Oil Companies High Bidders for Leases in Alaska Reserve
spacer.gif


by Kathy Shwiff Dow Jones Newswires Wednesday, December 17, 2008

ALASKA (Dow Jones Newswires), Dec. 17, 2008
Anadarko Petroleum Corp., ConocoPhillips, Petro-Canada, FEX LP and Petro-Hunt LLC have won 10-year leases to drill in in northern areas of the National Petroleum Reserve in Alaska.
The companies submitted high bids of almost $31 million for 150 tracts in the Northwest and Northeast portions of the reserve.
The Bureau of Land Management accepted all high bids in the Sept. 24 oil and gas lease sale and has mailed lease offers to the high bidders. If the companies accept the lease offers and pay the balance of the bonus bid, the annual rental and lease processing fee, the federal agency will issue the leases.
When it announced plans for the lease sale this summer, the bureau estimated the leases could result in the development of as much as 8.4 billion barrels of oil and trillions of cubic feet of natural gas for shipment to North American markets through gas pipelines currently in the planning stages. The U.S. consumes almost 7.5 billion barrels of oil each year.
There are 335 leases on 3.1 million acres in the reserve. The September lease sale included high bids on about 1.7 million acres within the 23 million-acre reserve, which lies just west of the Arctic National Wildlife Refuge.
http://www.rigzone.com/news/article.asp?a_id=70800
Click to expand...
I just hope these dudes do something soon and not just sit on all this oil....Like I've said a dozen times before..I don't care if oil is $50 to $60/bbl, as long as it's ours.
 
nnuut said:
the bureau estimated the leases could result in the development of as much as 8.4 billion barrels of oil and trillions of cubic feet of natural gas for shipment to North American markets through gas pipelines currently in the planning stages. The U.S. consumes almost 7.5 billion barrels of oil each year.
Click to expand...


Something don't make sense here..Shouldn't this suppose to read 8.4 Billion barrels a year???..Otherwise, the US will consume that amount in little over a year..so what's the point?:confused:
 
Buster-

I heard one source say the 8 billion barrels will provide about 3% to 5% of our needs in any given year. That's all. Yes, the estimate is 8 billion total, and they estimate it will take 20 to 25 years to draw it all out. It's a little less than a million barrels a day potential, or 350 million barrels a year, towards our current oil addiction habit of 7.5 billion barrels a year.

That's all the Artic oil COULD potentially add. Remember, until they actually begin drilling, and map out what is there, and figure out how to move it to the pipeline, it's all just a guess at this point.
 
Note :


Here is what we need to be doing TODAY!

1. Start buying oil on the open market to fill the strategic petrolium reserve. Remember, we had been authorized 727 million barrels in the reserve, but it was only up to just above 706 million barrels when the hurricane hit in September, and they drew some down.

Current status of the strategic reserve: http://www.spr.doe.gov/dir/dir.html
We have 701 in it. We have room for 727.

We have the current capacity to have 727 million barrels in the reserve, and are sitting right now at about 701. The current plan calls for buying 2 million barrels in January, and the adding a little more each month next year. BUt they don't yet have plans to fill it to 727.



See http://fossil.energy.gov/programs/reserves/spr/expansion-eis.html#Expansion%20Plan


2. That website says we've been authorized to add to it to bring it up to one billion barrels. (from 2 months supply to 3 months supply). We need to do that NOW, while oil is less than $40 a barrel. BUY,BUY,BUY, STORE, STORE, STORE now. ]

G.W. called for the reserve to be expanded to 1.5 billion barrels in his State of the Union speech in 2007. We need to do that. Now.

FILL, FILL, FILL up on cheap oil today.
 
Thanks NNuut for that data.

If that is true, then the Strategic Petrolium Reserve is enough only for 33 days.


God help us if we ever have foreign oil cut off.

that's why we NEED alternatives.

(I'm an E85 guy. Grow, baby grow.)
 
James48843 said:
Buster-

I heard one source say the 8 billion barrels will provide about 3% to 5% of our needs in any given year. That's all. Yes, the estimate is 8 billion total, and they estimate it will take 20 to 25 years to draw it all out. It's a little less than a million barrels a day potential, or 350 million barrels a year, towards our current oil addiction habit of 7.5 billion barrels a year.

That's all the Artic oil COULD potentially add. Remember, until they actually begin drilling, and map out what is there, and figure out how to move it to the pipeline, it's all just a guess at this point.
Click to expand...

I see..Okay thanks Jim...:)
 
OH NO!! look in my siganature, Oil dropped below $40 a barrel!!! OPEC is going to crap in their wetsuits!! :laugh:
 
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