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$200 oil and Obama

if you want to know where Obama got his now famous saying, "YES WE CAN" he learned it from the oil companies!!!!


IEA Sees Oil Price Return to $100 as Economy Recovers, FT Says

By [bn:PRSN=1] Andrew MacAskill []

Nov. 5 (Bloomberg) -- Crude oil prices will return to more than $100 a barrel once the world economy rebounds from its slowdown and may reach $200 by 2030, the Financial Times reported, citing a report by the International Energy Agency to be published next week.

The cost of oil in real terms adjusted by inflation will average more than $100 a barrel between 2008 and 2015, the IEA will say, according to the newspaper. The IEA predicts there won't be enough new oil pumped to counterbalance the slowdown in production in older fields, the FT said.

To contact the reporter on this story: Andrew MacAskill in London at amacaskill@bloomberg.net
 
I also remember these guys saying it would be over $200 this same month.

Whatever it is in 2012 or 2015 is what it is there is almost no way to predict what will happen.
 
I'll gaurentee you it's going to go way back up, by way of horse **** government regulations imposed on domestic drilling operations, and then of course, he'll sit there and beat the 40-year dead horse ... "Those evil oil companies are ripping us off!" ...and of course, every idiot in the country will buy it, and prices will be artificially high, foreign nations will grow ever more powerful, and we'll be completley ****ed when scientists fail to invent nuclear fusion and we've allowed China and Russia to kick our asses in the global market place because americans are too god damned stupid to elect a government that will alow us to develop our own natural resources here.

Thank you America :rolleyes:
 
Way I figure it, the Democrats and their bed partner the environmentalist, will raise gas taxes for one excuse after another. Maybe even to pay for the war, or as a carbon emission control measure. blah, blah, blah.

Fusion is a lot harder than most people ever predicted. I guess creating the gravitational containment of a star, for a plasma, is a little harder to do in principle, than as a academic exercise. But, I'm hopeful that the wind and solar power can actually do something. I know a lot of people don't agree, and the numbers look real difficult. But, I'm really against giving my money to countries that hate us, even if we are getting those really cool complex hydrocarbon chains in return. At least the wind will create lots of skilled jobs here. I just hope it doesn't crush our economy in the process. Because, no two ways about it, it will raise energy costs.

Coal is cheap, and we have lots of it. So, I fully believe global warming is nothing more than an attempt to throttle the USA's use of one of it's greatest resources.
 
I'll gaurentee you it's going to go way back up, by way of horse **** government regulations imposed on domestic drilling operations, and then of course, he'll sit there and beat the 40-year dead horse ... "Those evil oil companies are ripping us off!" ...and of course, every idiot in the country will buy it, and prices will be artificially high, foreign nations will grow ever more powerful, and we'll be completley ****ed when scientists fail to invent nuclear fusion and we've allowed China and Russia to kick our asses in the global market place because americans are too god damned stupid to elect a government that will alow us to develop our own natural resources here.

Thank you America :rolleyes:


that pretty much covers it!!! I wonder what our Resident SW LIB tards ruffy and modsledr would say about this???
 
that pretty much covers it!!! I wonder what our Resident SW LIB tards ruffy and modsledr would say about this???

LMAO...I would say that as a Lib Dem collecting unemployment you have too much time on your hands. :eek: Fordman spilled the beans that you voted for Obama.
 
Wind/solar don't have the capacity to power the US. Nuclear does.

Just look at France.

Tank ya Jeezus someone else sees the light!

"what are we going to do with the depleted uranium in 50 years?"

Why, we're going to sell it to the terrorists.

"Then what?"

We're going to bomb them for trying to make nuclear weapons!
 
Tank ya Jeezus someone else sees the light!

"what are we going to do with the depleted uranium in 50 years?"

Why, we're going to sell it to the terrorists.

"Then what?"

We're going to bomb them for trying to make nuclear weapons!


"Thank you Jesus"
 
LMAO...I would say that as a Lib Dem collecting unemployment you have too much time on your hands. :eek: Fordman spilled the beans that you voted for Obama.



sorry lib tard but I caught hel! for voting for Mac, you should know by now that anything that fordman said, is worthless
 
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Wind/solar don't have the capacity to power the US. Nuclear does.

Just look at France.

How about you look at Hawaii or Denmark or Germany.... The potential is there, lots of potential.... It is getting there, and will continue to do so...

I am a fan of nuke's though.... but they are too stiff for anything other then base load gen...... I and many have said this before, if you are looking to one or two technologies for the future, you are setting yourself up for failure. Diversification of energy generation resources is the key. Many different types reduces the net variation by a large margin...

So when are those plasma garbage burners going to come on line? Lots of energy there that we just chuck into the ground.... If every municipality had one of those, lots of local jobs.... lots of local energy...

You need to look at the big picture. It is going to take many different forms of generation for this to work, especially as the grid turns much much more dynamic from it's static operation from years past.... Interesting times to be living in from an electricity perspective!

If we could only utilize gravy's ego for a pumped storage system...our energy storage needs would be solved......:beer;
 
sorry lib tard but I caught hel! for voting for Mac, you should know by now that anything that fordman said, is worthless

Wow, so defensive, must have struck a nerve...its ok for you to come out of the Lib Dem closet, everybody knows anyway (coming out of 2 closets in 1 year...so bold!!) :eek: :D :beer;
 
King County is building a methane power plant at the Cedar Hills landfill as we speak, should be up by late 09!!!

pffftt.... yah, those are worthless... one day we will dig all that trash up and put it in these

The ultimate garbage disposal...

Cool stuff, and if you can control the operation dynamically, well might be a huge market for a power plant that can follow RE generation.... that market will get started soon as wind power plants combine with very dynamic generation to increase the amount of firm scheduled power available to go on the market.

Kind of like Mr. Fusion a little bit... Where did that banana peel go...
 
pffftt.... yah, those are worthless... one day we will dig all that trash up and put it in these

The ultimate garbage disposal...

Cool stuff, and if you can control the operation dynamically, well might be a huge market for a power plant that can follow RE generation.... that market will get started soon as wind power plants combine with very dynamic generation to increase the amount of firm scheduled power available to go on the market.

Kind of like Mr. Fusion a little bit... Where did that banana peel go...

1.21 Jigowatts!!
 
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