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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Dos Equis on April 30, 2008, 01:02:25 AM
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:o
Gasoline May Soon Cost a Sawbuck
Big New Shock at the Pump Forecast by Two Analysts
By DAN DORFMAN
Special to the Sun
April 28, 2008
Get ready for another economic shock of major proportions — a virtual doubling of prices at the gas pump to as much as $10 a gallon.
That's the message from a couple of analytical energy industry trackers, both of whom, based on the surging oil prices, see considerably more pain at the pump than most drivers realize.
Gasoline nationally is in an accelerated upswing, having jumped to $3.58 a gallon from $3.50 in just the past week. In some parts of the country, including New York City and the West Coast, gas is already sporting a price tag above $4 a gallon. There was a pray-in at a Chevron station in San Francisco on Friday led by a minister asking God for cheaper gas, and an Arco gas station in San Mateo, Calif., has already raised its price to a sky-high $4.62.
In Manhattan, at a Mobil gas station at York Avenue and East 61st Street, premium gas is now $4.03 a gallon. Two days ago, it was $3.96. Why such a high price? "Blame the people at STOPEC (he meant OPEC) and the oil companies," an attendant there told me.
These increases are taking place before the all-important summer driving season, signaling even higher prices ahead.
That's also the outlook of the Automobile Association of America. "As long as the price of crude oil stays above $100 a barrel, drivers will be forced to pay more and more at the gas pump," a AAA spokesman, Troy Green, said.
Oil recently hit an all-time high of nearly $120 a barrel, more than double its early 2007 price of about $50 a barrel. It closed Friday at $118.52.
The forecasts calling for a jump to between $7 and $10 a gallon are based on the view that the price of crude is on its way to $200 in two to three years.
Translating this price into dollars and cents at the gas pump, one of our forecasters, the chairman of Houston-based Dune Energy, Alan Gaines, sees gas rising to $7-$8 a gallon. The other, a commodities tracker at Weiss Research in Jupiter, Fla., Sean Brodrick, projects a range of $8 to $10 a gallon.
While $7-$10 a gallon would be ground-breaking in America, these prices would not be trendsetting internationally. For example, European drivers are already shelling out $9 a gallon (which includes a $2-a-gallon tax).
Canadians are also being hit with rising gas prices. They are paying the American-dollar equivalent of $4.92 a gallon, and they're being told to brace themselves for prices above $5.65 a gallon this summer.
Early last year, with a barrel of oil trading in the low $50s and gasoline nationally selling in a range of $2.30 to $2.50 a gallon, Mr. Gaines — in an impressive display of crystal ball gazing — accurately predicted oil was $100-bound and that gasoline would follow suit by reaching $4 a gallon.
His latest prediction of $200 oil is open to question, since it would undoubtedly create considerable global economic distress. Further, just about every energy expert I talk to cautions me to expect a sizable pullback in oil prices, maybe to between $50 and $70 a barrel, especially if there's a global economic slowdown.
While Mr. Gaines thinks there could be a temporary decline in the oil price, he's convinced an overall uptrend is unstoppable. In fact, he thinks his $200 forecast could be conservative, and that perhaps $250 could be reached. His reasoning: a combination of shrinking supply and increasing demand, especially from China, India, and America.
Mr. Brodrick's $200 oil forecast is largely predicated on a combination of pretty flat supply and rip-roaring demand. Other key catalysts include surging demand in China and India, where auto sales are booming, and major supply disruptions in Nigeria and also in Mexico, our second-largest source of oil imports, where oil production has fallen off a cliff.
More factors include the ever-present danger of additional supply disruptions from volatile countries in the Middle East that are not our allies, and the unwillingness of SUV-loving Americans to trim their unquenchable thirst for foreign oil. Likewise, for the first time, emerging markets this year will use more oil than America.
To Mr. Brodrick, it all adds up to an ongoing energy bull market. His favorite plays are the Energy Select Sector SPDR Fund ; United States Natural Gas Fund LP; Apache Corp.; Occidental Petroleum; Anadarko Petroleum, and Schlumberger.
http://www2.nysun.com/article/75363
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uh huh ::) at that price I'll drill and refine my own lol...
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Wonder if the price will mysteriously drop again as we move closer to the election?
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Wonder if the price will mysteriously drop again as we move closer to the election?
I'm not sure they give a fuck anymore...
I think the psychos that got us locked down are laying back with the next 50 years planned out to their shitbag satisfaction with no worries. No matter who wins, there is a contingency plan to get their way. Thought out like a genius chess player named Hannibal Lecter.
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Wonder if the price will mysteriously drop again as we move closer to the election?
i'm sure it will. and just like last time, everyone will praise bush for 'finally getting the dems spendin under control'.
and just like last time, coach and BB will gloat about how nice it is that things are back to normal.
and just like last time, gas will rise 4 cents the week after the election then grow,grow,grow in price for the next 2 years.
sheep are easy to fool
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:o
Gasoline May Soon Cost a Sawbuck
Big New Shock at the Pump Forecast by Two Analysts
By DAN DORFMAN
Special to the Sun
April 28, 2008
Get ready for another economic shock of major proportions — a virtual doubling of prices at the gas pump to as much as $10 a gallon.
That's the message from a couple of analytical energy industry trackers, both of whom, based on the surging oil prices, see considerably more pain at the pump than most drivers realize.
Pain at the pump? What pain? I don't know about any of you, but gas on this side of the pump is FREE!!
Yep, ...you heard me correctly, ...I didn't stutter, I said...
FREE
(http://www.jaguarenterprises.net/images/TJNExtraExtra.jpg)
Do you use gasoline or diesel? Know anyone who does? Know anyone who wants to get it for free?
If you're in North America, ...you can get FREE fuel at any of the following stations:
ARCO, BP, Amoco, Chevron, Circle K, Diamond, Shamrock, ExxonMobil, Gulf Oil, Marathon, Petro-Canada, Shell, Sinclair, Speedyway, SuperAmerica, Sunoco, Tesoro, or Texaco
GET FREE FUEL NOW! ...ASK ME HOW! (http://www.jaguarenterprises.net/images/em/yipee.gif)
CATCH THE VISION!!!
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Man gets prison after hundreds of thousands of spam e-mails
http://www.getbig.com/boards/index.php?topic=212736.msg2945258#msg2945258
::)
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Man gets prison after hundreds of thousands of spam e-mails
http://www.getbig.com/boards/index.php?topic=212736.msg2945258#msg2945258
::)
lmao ;D
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Man gets prison after hundreds of thousands of spam e-mails
(http://www.jaguarenterprises.net/images/W8ExtraExtra.jpg)
CATCH THE VISION!!!
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Pain at the pump? What pain? I don't know about any of you, but gas on this side of the pump is FREE!!
Yep, ...you heard me correctly, ...I didn't stutter, I said...
FREE
(http://www.jaguarenterprises.net/images/TJNExtraExtra.jpg)
Do you use gasoline or diesel? Know anyone who does? Know anyone who wants to get it for free?
If you're in North America, ...you can get FREE fuel at any of the following stations:
ARCO, BP, Amoco, Chevron, Circle K, Diamond, Shamrock, ExxonMobil, Gulf Oil, Marathon, Petro-Canada, Shell, Sinclair, Speedyway, SuperAmerica, Sunoco, Tesoro, or Texaco
GET FREE FUEL NOW! ...ASK ME HOW! (http://www.jaguarenterprises.net/images/em/yipee.gif)
CATCH THE VISION!!!
Sent you a pm!!!
Just kidding, STFU.
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The speculators are killing the consumer, plain and simple.
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a LARGE part of the increase in the cost of a barrel of oil is due to the devaluation of the US Dollar.
Hmmmm.....I wonder why the world wide financial community has devalued our currency?
I'm sure it has nothing to do with the massive borrowing of the Bush Administration or the BLACK HOLE of our tax dollars that is the illegal and never ending war in IRAQ
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a LARGE part of the increase in the cost of a barrel of oil is due to the devaluation of the US Dollar.
Hmmmm.....I wonder why the world wide financial community has devalued our currency?
I'm sure it has nothing to do with the massive borrowing of the Bush Administration or the BLACK HOLE of our tax dollars that is illegal and never ending war in IRAQ
No, nothing to do with it. ::)
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Gas already almost costs a fin in Milwaukee.
Nationless multinational corporations my friends...those are the benefactors of the US's securing Iraq oil supplies.
Nationalism is antiquated.
Where have all the Iraqi oil revenues gone?
Not in my pocket, that's for sure.
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(http://www.jaguarenterprises.net/images/W8ExtraExtra.jpg)
CATCH THE VISION!!!
heres a marketing strategy for you. replace the dude with a pic of you topless.
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How much is a horse going for nowadays?
If gas shoots up too much more, this nation will collapse. Collapse. Disintegrate. We either Balkanize or are forced into an NAU, which, will eventually lead to Balkanization anyways.
Biofuels aren't helping at all except for pandering to whackjob environmental groups....all that leads to is even more expensive food prices on top of the soaring cost to harvest and ship food. It also leads to deforestation and other environmental disasters. The amount of corn needed to make one gallon of fuel you can put directly into your tank can feed an average US man for one year. That is not efficient.
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Sent you a pm!!!
Just kidding, STFU.
lmfao
I was like huh
then scrolled down
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lmfao
I was like huh
then scrolled down
You and me BOTH! {no pun intended}
I thought to myself, ..."that boy must be on the pipe! After all the grief he's given me,
...does he actually think I'm going to tell him how to he can get his fuel for free?"
Then after I scrolled down, ...I had to laugh out loud myself. ;D
She who laughs last, ...laughs loudest! I'll check back with y'all when fuel reaches $10 gallon,
...we'll see if any of you are still laughing at the prospect of free fuel then. ;)
Sometimes it's not about cursing the coming storm, sometimes it's as simple as learning how to dance in the rain
CATCH THE VISION!!! (http://www.jaguarenterprises.net/images/em/yipee.gif)
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Still not catching us up - we are at over $7 US dollar a gallon.
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Still not catching us up - we are at over $7 US dollar a gallon.
I flew into Orlando FL for the weekend, and my friend Cliff told me he just paid over $200 to fill up his tank.
He is now currently paying $9 per gallon in the UK. :o
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Im going to buy a cabin in wyoming....screw this shit.
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The military is looking better and better. Live on base and spend my time deployed. The gas prices will be the same as death in the next year.
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The military is looking better and better. Live on base and spend my time deployed. The gas prices will be the same as death in the next year.
Are you joining?
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Are you joining?
Might be if my job application keeps getting bounced back. It could set me up for a better job later though.
More people need to utilize public transportation. I hope that somebody does something about the oil companies and speculators. They are royally fucking us and something needs to be done about it. Stop buying SUVs, stop traveling so much and see what these fuckers do when people are buying 4 cylinder cars instead of V6 or V8. The speculators are driving the price up and I wonder who is urging them to do so....hmmm.
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Might be if my job application keeps getting bounced back. It could set me up for a better job later though.
More people need to utilize public transportation. I hope that somebody does something about the oil companies and speculators. They are royally fucking us and something needs to be done about it. Stop buying SUVs, stop traveling so much and see what these fuckers do when people are buying 4 cylinder cars instead of V6 or V8. The speculators are driving the price up and I wonder who is urging them to do so....hmmm.
It's a great profession. What branch?
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It's a great profession. What branch?
USMC.
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Oh brother. ::)
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USMC.
:o That's no joke. Good luck mang.
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USMC.
Why don't you ask Hugo Chavez what he thinks you ought to do? He was actually in the Marine Corps, unlike the squishy-faced retard Dooosh Bum.
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Cap you might want to ask headhunter about the Marines. He served too.
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Cap, what's your degree in?
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Cap, what's your degree in?
BS in Justice Studies (mix between Pre-Law and Crim Justice basically) and a Minor in Communication. Law enforcement jobs slowed down their hiring significantly in the past six months so it is harder to get on a dept right now.
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BS in Justice Studies (mix between Pre-Law and Crim Justice basically) and a Minor in Communication. Law enforcement jobs slowed down their hiring significantly in the past six months so it is harder to get on a dept right now.
Are you pretty committed to working LE?
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Are you pretty committed to working LE?
Yeah but I want to make good money in the mean time. Being a college grad and working a shit job was not what I imagined for myself.
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Yeah but I want to make good money in the mean time. Being a college grad and working a shit job was not what I imagined for myself.
These are unusual times. Joining the USMC is not necessarily a bad thing, but you are signing away a portion of your life. Do you know what your long-term goals are? How would the USMC fit in with those goals?
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These are unusual times. Joining the USMC is not necessarily a bad thing, but you are signing away a portion of your life. Do you know what your long-term goals are? How would the USMC fit in with those goals?
With combat arms experience I would be a prime candidate for a number of federal law enforcement agencies that desire military experience, especially those who have been in the sand box.
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With combat arms experience I would be a prime candidate for a number of federal law enforcement agencies that desire military experience, especially those who have been in the sand box.
You'd be an MP? Good job, particularly if you're an officer. There's also criminal investigations. Called CID in the Army. Not sure what it's called in the Marines. Headhunter would know.
You could walk into a very good GS job after serving. You could also work on a graduate degree while you serve.
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Would you be an officer, cap? I've heard stories of recruiters promising the moon and failing to deliver. I don't know how negotiations with recruiters work, but I'd make sure I had everything i wanted from the corps in writing before I signed up.
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Yeah my best bet is to have a former service member or lawyer look at it before I would ever sign.
So what are we going to do about gas?
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Hey but we have the oil..... ::)
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And certain states, like mine, are getting screwed with the additives we have to put in.
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And certain states, like mine, are getting screwed with the additives we have to put in.
that blows. I'm investing in an oil well.
and how does additives screw you btw?
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$4.30 gallon in Chicago... thank god for public transportation.
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that blows. I'm investing in an oil well.
and how does additives screw you btw?
From what I understand, there are additives that my state requires to be put in that increases the cost of the gas when compared to other states. Having lived in two states with different restrictions within the past month, I can see how it would make sense.
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From what I understand, there are additives that my state requires to be put in that increases the cost of the gas when compared to other states. Having lived in two states with different restrictions within the past month, I can see how it would make sense.
Are you talking about California?
Why are the additives put in? do you know?
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Are you talking about California?
Why are the additives put in? do you know?
Yes sir. I couldn't tell you but I def want to leave the state if I can. We get fucked for gas and will continue to. I've heard ways we can provide minor fixes to the price of oil and gas but I don't see them happening, hence my desire to just enlist and maybe stay. Living on base can go a long way.
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::) Here comes the Climate Security Act of 2008 ::)
Just read this from Gary Bauer (ouramericanvalues.org (http://ouramericanvalues.org))
Senate To Raise Gas Prices?
I wonder how many Americans are eager to pay $5.00 a gallon for gas? Believe it or not, while gas prices continue to creep up, the United States Senate is in the middle of a debate on a mammoth piece of legislation that would increase your pain at the pump and increase prices on just about everything you buy. The Climate Security Act of 2008, now pending in the Senate, would be the biggest restructuring of the American economy since the New Deal era of the 1930s. It is also expected to generate an excess of
$3 trillion in new revenues for the federal bureaucracy by imposing a “cap and trade” scheme on the economy. Henceforth, carbon will essentially be taxed in order to force our economy to develop “greener” production options. If a corporation needs to exceed its carbon cap, it can buy carbon allowances. In short, companies could buy “indulgences” from the government for the “sin” of capitalism. The costs, of course, would be passed on to you and me through higher prices on everything.
According to the Wall Street Journal, however, over $800 billion of the $3 trillion in expected revenue is being reserved for “relief” to low-income taxpayers to help mitigate higher costs mandated by the legislation. There’s $500 billion in corporate welfare and subsidies to help businesses adjust, and there’s also $350 billion set aside for foreign aid. And get this: The Environmental Protection Agency estimates that the bill could reduce America’s gross domestic product between $1 trillion and $3 trillion, increase home utility bills by 44% and raise gas prices by as much as $1.40 per gallon.
All of this is being proposed to combat global warming, a theory that has taken a few hits recently. Conservatives want a clean environment too, but many of us are skeptical of ideological pseudo-science that proposes, as its solution, a massive government-mandated restructuring plan that could wreak havoc on the greatest economy the world has ever known. More often than not, government mandates end up making more problems than they solve. The track record of mandates and command economies is miserable, yet some politicians think bigger government and higher taxes are the solution to the world’s perceived weather woes. This bill is precisely what I and others have warned about – global warming has become the latest in a long line of fashionable causes seized upon by the Left to remake America in its image. The Climate Security Act of 2008 would be more suitably named the Economic Strangulation Act of 2008.
“Our Own Oil Cartel”
Terry Jeffery, editor of the Cybercast News Service, has a brilliant column today entitled “Our Own Oil Cartel.” Here’s the gist of his article:
“Contemplate this the next time you spend $60 or more filling up your tiny little car with gasoline made from imported oil: The U.S. government knows where it can get its hands on more untapped petroleum than exists in the proven reserves of Iran or Iraq, which have 136 billion barrels and 115 billion barrels, respectively. …So, where is all this oil? And why aren’t they pumping it? …What insidious power is stifling the free market for this vital commodity and thus threatening the vitality of our economy?”
As Jeffrey rightly observers, it’s us! “It is our oil that sits untapped beneath our deserts, our forests, our swamps, and our oceans. It is our politicians – the ones we freely elected, and re-elected, and re-elected – who are not allowing our oil to be drilled by us and sold to us.” How much oil? According to the Department of the Interior’s Mineral Management Service, 86 billion barrels of oil are locked in the Outer Continental Shelf, off the coasts of America. In recent weeks, the Bureau of Land Management stated that another 53 billion barrels are available on land. That’s 139 billion barrels of oil at our disposal – more than Russia (60 billion barrels), more than Venezuela (80 billion barrels), more than Kuwait (101 billion barrels). But liberal politicians would rather ban its use and force our dependence on hostile regimes than spur a new wave of job growth and investment by tapping this vast national resource. Until we understand that energy security is economic security and national security, nothing is likely to change. You can read Mr. Jeffrey’s column online at
www.cnsnews.com (http://www.cnsnews.com).
* * * * *
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Go Air Force...it's the easiest, safest, and offers the most amenities (without having the win the 'lottery').
Some people argue that Coast Guard is the cushiest military branch, but then a lot of other people don't even consider them 'real' military.
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::) Here comes the Climate Security Act of 2008 ::)
Just read this from Gary Bauer (ouramericanvalues.org (http://ouramericanvalues.org))
Senate To Raise Gas Prices?
I wonder how many Americans are eager to pay $5.00 a gallon for gas? Believe it or not, while gas prices continue to creep up, the United States Senate is in the middle of a debate on a mammoth piece of legislation that would increase your pain at the pump and increase prices on just about everything you buy. The Climate Security Act of 2008, now pending in the Senate, would be the biggest restructuring of the American economy since the New Deal era of the 1930s. It is also expected to generate an excess of
$3 trillion in new revenues for the federal bureaucracy by imposing a “cap and trade” scheme on the economy. Henceforth, carbon will essentially be taxed in order to force our economy to develop “greener” production options. If a corporation needs to exceed its carbon cap, it can buy carbon allowances. In short, companies could buy “indulgences” from the government for the “sin” of capitalism. The costs, of course, would be passed on to you and me through higher prices on everything.
According to the Wall Street Journal, however, over $800 billion of the $3 trillion in expected revenue is being reserved for “relief” to low-income taxpayers to help mitigate higher costs mandated by the legislation. There’s $500 billion in corporate welfare and subsidies to help businesses adjust, and there’s also $350 billion set aside for foreign aid. And get this: The Environmental Protection Agency estimates that the bill could reduce America’s gross domestic product between $1 trillion and $3 trillion, increase home utility bills by 44% and raise gas prices by as much as $1.40 per gallon.
All of this is being proposed to combat global warming, a theory that has taken a few hits recently. Conservatives want a clean environment too, but many of us are skeptical of ideological pseudo-science that proposes, as its solution, a massive government-mandated restructuring plan that could wreak havoc on the greatest economy the world has ever known. More often than not, government mandates end up making more problems than they solve. The track record of mandates and command economies is miserable, yet some politicians think bigger government and higher taxes are the solution to the world’s perceived weather woes. This bill is precisely what I and others have warned about – global warming has become the latest in a long line of fashionable causes seized upon by the Left to remake America in its image. The Climate Security Act of 2008 would be more suitably named the Economic Strangulation Act of 2008.
“Our Own Oil Cartel”
Terry Jeffery, editor of the Cybercast News Service, has a brilliant column today entitled “Our Own Oil Cartel.” Here’s the gist of his article:
“Contemplate this the next time you spend $60 or more filling up your tiny little car with gasoline made from imported oil: The U.S. government knows where it can get its hands on more untapped petroleum than exists in the proven reserves of Iran or Iraq, which have 136 billion barrels and 115 billion barrels, respectively. …So, where is all this oil? And why aren’t they pumping it? …What insidious power is stifling the free market for this vital commodity and thus threatening the vitality of our economy?”
As Jeffrey rightly observers, it’s us! “It is our oil that sits untapped beneath our deserts, our forests, our swamps, and our oceans. It is our politicians – the ones we freely elected, and re-elected, and re-elected – who are not allowing our oil to be drilled by us and sold to us.” How much oil? According to the Department of the Interior’s Mineral Management Service, 86 billion barrels of oil are locked in the Outer Continental Shelf, off the coasts of America. In recent weeks, the Bureau of Land Management stated that another 53 billion barrels are available on land. That’s 139 billion barrels of oil at our disposal – more than Russia (60 billion barrels), more than Venezuela (80 billion barrels), more than Kuwait (101 billion barrels). But liberal politicians would rather ban its use and force our dependence on hostile regimes than spur a new wave of job growth and investment by tapping this vast national resource. Until we understand that energy security is economic security and national security, nothing is likely to change. You can read Mr. Jeffrey’s column online at
www.cnsnews.com (http://www.cnsnews.com).
* * * * *
That thing sounds evil. >:(
Could cause a revolution.
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Go Air Force...it's the easiest, safest, and offers the most amenities (without having the win the 'lottery').
Some people argue that Coast Guard is the cushiest military branch, but then a lot of other people don't even consider them 'real' military.
Depends on what u do in the Coast Guard. Cap I'd just go straight 0311 in the Marines. Do a 3 year hitch..2 tours in combat and then get out. Hit up ICE/Marshall or Border Patrol. No Intel BS or any of that..u won't do anything to help down the road because as an enlisted guy with a 3 year tour u won't do much. The Marines don't promise much anyway. See what bonues u can get and do ur GI bill for Grad School.
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Depends on what u do in the Coast Guard. Cap I'd just go straight 0311 in the Marines. Do a 3 year hitch..2 tours in combat and then get out. Hit up ICE/Marshall or Border Patrol. No Intel BS or any of that..u won't do anything to help down the road because as an enlisted guy with a 3 year tour u won't do much. The Marines don't promise much anyway. See what bonues u can get and do ur GI bill for Grad School.
Yeah, I heard that there is currently an 0321 contract and if I got hurt in training I could still serve as an rifleman and then get out.
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What the hell is 0321...forget that shit. 0311 dude...If u get hurt and they recycle u then u still keep ur contract.
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What the hell is 0321...forget that shit. 0311 dude...If u get hurt and they recycle u then u still keep ur contract.
Recon Batt
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Well go for it. U need to be able max ur pt test and all ur swim quals....u will have to pass the recon swimmer test and recon course...evetually hit Jump School..which is no problem and hopefully get a Ranger slot as well.
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So I am really looking heavily into the Army right now and a former Marine buddy says to be weary since it is election time. He seems to think we will be hitting Iran before Bush leaves so we will be stuck there no matter who goes into office.
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So I am really looking heavily into the Army right now and a former Marine buddy says to be weary since it is election time. He seems to think we will be hitting Iran before Bush leaves so we will be stuck there no matter who goes into office.
We will absolutely be there regardless of who is in office. There will eventually be a RIF, but not on Obama's timeline.
If you are concerned about combat then look at the Air Force. That branch is as close to the civilian sector as it gets.
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We will absolutely be there regardless of who is in office. There will eventually be a RIF, but not on Obama's timeline.
If you are concerned about combat then look at the Air Force. That branch is as close to the civilian sector as it gets.
Not worried about combat, more about being overused like in the Clinton days as well as right now.