Well that wasn't very good news...

[MarvB]

Just listened in on a webcast on the US and world's energy infrastructure...lots o 'chit going to pot out there, rusting away while they pull off the profits. Bleakest outlook would call for $50-100 trillion over teh next 7-10 years just to shore up the systems

Said a worst-case scenario, oil and natural gas output worldwide could drop 10-20% by 2013 if old pipes, subsea structures and platforms are not replaced or repaired.

Lots of CEOs and CFOs will be retired; fat, happy, and cashed-out by then :BLEEP:

On a local note...diesel was $4.449/gal this morning, now takes three swipes of the card to fill-er-up!!!!!!!!!

 

[BuzzH]

What do you expect? Oil companies to reinvenst the billions they get in tax breaks?

#$#% that...pocket that cash and let the government bail out the infrastructure.

I feel no sympathy toward anyone for the cost of oil/fuel...America elects an oil man to run the show. WTF were people expecting? Free fuel, fair pricing, no gouging?

Yeah, sure.

 

[TLC]

Marv, not sure where you're at, and if you don't want to tell me, thats fine. but noticed you said diesel was 4.449/gallon and heading west to idaho next week. just wondering where you're paying that at. here, we're anywhere from 4.179 - 4.499. hour south of chicago. 2 swiper here.

 

[ELKCHSR]

This would have happened no matter who was in office...

 

[BuzzH]

What a clown.

 

[JB]

I feel no sympathy toward anyone for the cost of oil/fuel...America elects an oil man to run the show.

just chalk it up to sympathy not be one of your traits....the majority of the folks that really feel the pinch probably didnt vote for him.

 

[BuzzH]

A lot of the people that are feeling the pinch were probably too busy watching nascar and midget wrestling to vote...they deserve it too.

 

[cjcj]

This would have happened no matter who was in office...

I agree, Buzz if you think otherwise what would Kerry have done to change the price of oil?

Seems to me, Nobody... Congress or the President has control over the Corporations that "run" America.

 

[BuzzH]

cjcj, tell me...

You dont think certain things like wars, oligopolies, tax breaks, strategic reserves, being buddy buddy with Saudi/opec etc. etc. etc. have any effect on oil prices?

You also dont believe that congress or the president have any influence over these things?

No wonder you agree with cheese...

 

[cjcj]

Buzz, I agree because they are all crooks...I was waiting for you to point out the difference.....how would the democrats have changed anything? Remember how after the "last election" house/senate Pilosi and the gang said they would end the war? What happened Buzz? Are you paying attention?

 

[ELKCHSR]

Problem is, Buzz hates...

I mean HATES certain individuals and entities (ensuing posts towards me will more than likely prove this, unless he bites his tongue (which I doubt))...

So blinded by this hate, he can't (or won't) see the bigger picture, it's all Bushes, or (you put in the word) who ever/what ever is prickling his ire (at the moment) fault...

A few big words/terms aren't that impressive unless you understand the implications or full meanings before uttering them

He's proven beyond a shadow of a doubt that economics isn't one of his strong points

Nevertheless, I'll give him a point for trying...

CJ is 100% correct though, it’s more than economics, it’s a number of circumstances (especially the big corporations) that are creating this mess and will use ANY excuse to jack up the price (history has been repeating itself on this statement for many years)

They are going to push the markets to see what the absolute limits are, not caring what it does to the rest of the economy...

Up until this price hike (which has lasted a number of years now), I would and still do blame the extremist environmentalists’ and lawyers for what we are now living under...

They made it so exorbitantly expensive and time wearing to build any thing dealing with the extraction industries by all the legal moves they pulled that it just wasn't feasible to build new refineries...

But now that's just an excuse as the oil companies have plenty of $$$ to bypass any thing the environmentalists and lawyers want to do

Those who don't understand the situation will try bringing as many factors as possible to the table to muddy the water (so to speak)

The fact is, it's not hard to see if one understands what their looking at and isn't blinded by prejudices of one sort or another...

"KISS" comes to mind on this whole subject...

Oh... I have to add this one disclaimer, cause it seems to appease a few around here...

IMHO...

 

[1_pointer]

They made it so exorbitantly expensive and time wearing to build any thing dealing with the extraction industries by all the legal moves they pulled that it just wasn't feasible to build new refineries...

Really? I'd think having the raw product is the bottleneck that is driving price. But I'm sorta like Buzz, economics isn't my strong point. So, feel free to set me straight Mr. Greenspan...

You did make your point at the beginning of the post, but WTH is this trying to say...?

But now that's just an excuse as the oil companies have plenty of $$$ to bypass any thing the environmentalists and lawyers want to do

Those who don't understand the situation will try bringing as many factors as possible to the table to muddy the water (so to speak)

The fact is, it's not hard to see if one understands what their looking at and isn't blinded by prejudices of one sort or another...

"KISS" comes to mind on this whole subject...

Oh... I have to add this one disclaimer, cause it seems to appease a few around here...

 

[BuzzH]

The circle of cheese logic...at its finest.

First its the enviros that are the problem...but then...no...its really not as the big oil companies can in fact bypass anything the enviros and lawyers throw at them.

Hey Rusty "the cheese" Greenspan...if you're such a great economics mind...why you still living in a 25K beat down shack in Anaconda? Why not take all your great economics knowledge and find a job that pays more than $10/hour? I mean really...wallstreet is waiting for you...

 

[noharleyyet]

*disclaimer for 'protest write-in' (euphamism)

Let's see if I understand: people who watch nascar and/or little people wrestling who either vote (but not for Buzz's protest write-in) or failed to vote due to programming/poll dates, are the problem.

People who didn't vote for Kerry, but did vote for Buzz's write-in, but didn't motivate enough of the nascar/little people wrestling watchers to vote for Buzz's protest write-in, are the problem.

People who couldn't stomach Kerry or Gore (shit, how many could that be?) and voted for an actual candidate (not a protest write-in) are the problem.


People who are assumed to lack the intellectual capacity to meet Buzz's magic paygrade are the problem.

Devious/subsidized (but not smarter) people who make more money than Buzz are the problem.

...damn diesel trucks, carry on Marv.

 

[BuzzH]

NHY,

I'll gladly debate with you on any of the subjects...but what I wont do is listen to a ditch digger in Anacando who took an on-line course in high school economics try to pretend he has a clue about what drives oil prices.

Thats a joke.

If you think rusty greenspan is such an economics whiz...why not let him manage your retirement account? Come on NHY, show us how much you trust economics ala cheese.

 

[noharleyyet]

Sure Buzz, right after I watch "Nacho Libre" and read my GOP newsletter.

 

[ELKCHSR]

LOL Buzz...

I really like this signature

"If you stoop to name-calling, you are not winning"

Fitting and to the point...

I also need to get this straight...

Collage is good, but only the collage Buzz went to...

Hmmm...

Only jobs are good as long as they have a form of government “treasury” written some where on the header...

Hmmm...

Because your weak in areas of your life (every one is), bluster and B.S. will triumph due to lack of knowledge

Hmmm...

I'd be careful about stopping to fast, some ones nose might bump your back side a little hard getting a little browner in the process...

 

[BuzzH]

NHY,

Thats what I thought. I dont trust cheeseonomics either.

Oh, and Cheese, you judge yourself what "collage" you think is best.

My choice worked out pretty well for me.

If digging ditches was what you wanted out of "collage" then I guess yours was a success as well. Congratulations.

 

[JoseCuervo]

NHY,

.

If digging ditches was what you wanted out of "collage" then I guess yours was a success as well. Congratulations.

I don't know Buzz, I have seen pictures of some of The Cheese's shovel work, and other than burying waste chemicals for a Meth Lab, I am not sure that he even mastered Shovel 101.....

Remember when he used to claim to be the Government's highest certified Sawyer, and then posted pictures of some of the lamest backcuts ever inflicted upon a tree?

 

[BuzzH]

I do remember those backcuts.