According to Gold, Gas Prices Aren't Rising; Dollar is Falling

NLXSK1

Well-Known Member
Keep dreaming - we have been at peak production for some time - of course we have "hundreds of years of oil", but not if we continue to burn it at our present rate.

Sand is renewable.
Oil is renewable too!! How do you think it became oil in the first place?

Besides, you dont want us using oil anyway, so why should you care if it gets used up?
 

cannabineer

Ursus marijanus
Oil is renewable too!! How do you think it became oil in the first place?

Besides, you dont want us using oil anyway, so why should you care if it gets used up?
The recovery time for an oildfield is literally geological. That meets no humanly viable standard for renewability. :rolleyes: cn
 

abandonconflict

Well-Known Member
Who cares?!

It is going to continue. We are past peak, demand is rising world wide and supply ain't ever going to keep up.

"What ever, let the cars drink what the war's for, there'll be more whores like mother nature. Who needs bald eagles anyway?"

~Grouch
 

FreedomWorks

Well-Known Member
We live in that moment. Waiting tens/hundreds of millions of years for oil to regenerate does nobody any good. As a criterion for renewability, your flippant remark does not work imo. cn

It does green energy some good. Like Solyndra and the rest of Obama's failed stimulus. Obama has given 90 billion in green energy subsidies to make cars in Finland with our tax dollars. He's sending jobs over seas, and he still doesn't know how tax credits work with outsourcing jobs.
 

TheMan13

Well-Known Member
What about international "Cap and Trade" schemes that have been going on for a while now? Simply O's shutting down coal in this country would have already killed it if it were not for the current state of natural gas here in the US. Where would oil prices be today if natural gas was not literally half the price it was post scheme (just a few years ago)? Remember with his plan rates would necessarily "skyrocket" (O) ...

My point here is that the article, although good, has been too simplified to be feasible. The fact that actual supply & demand figures are not considered is a big problem for me. We must also consider the time and regulations necessarily to get any of these resources online (5-7 years). As O has had no true "energy policy" and has done essentially nothing for the past four years, how will that effect the market in just 1-3 years regardless of gold values?
 

NLXSK1

Well-Known Member
We live in that moment. Waiting tens/hundreds of millions of years for oil to regenerate does nobody any good. As a criterion for renewability, your flippant remark does not work imo. cn
When we run out of oil we have ocean of natural gas under America.

We already have the technology for natural gas vehicles.
 

Carthoris

Well-Known Member
When we run out of oil we have ocean of natural gas under America.

We already have the technology for natural gas vehicles.
We also have more oil in oil shale than all the other countries in the world have oil in any form. We will develop the technology to use it eventually just like we developed the technology to use natural gas, coal, and oil. We can also turn coal into oil, and we have a lot of coal. One can only expect that solar power might actually be useful someday also.
 

TheMan13

Well-Known Member
Why are the Carter and Obama presidencies so noteworthy in this chart regardless of the two World Wars contained? How bad will it actually get in 2013 on as we know California is already north of the $5 mark in 2012? Looks scary too me :eyesmoke:
 

cannabineer

Ursus marijanus
When we run out of oil we have ocean of natural gas under America.

We already have the technology for natural gas vehicles.
I don't see natural gas vehicles around. No trucks, ships or commercial aircraft.
How long will that natural gas last at the current more-or-less exponential energy consumption rate? cn
 

FreedomWorks

Well-Known Member
I don't see natural gas vehicles around. No trucks, ships or commercial aircraft.
How long will that natural gas last at the current more-or-less exponential energy consumption rate? cn
Long enouph for Solyndra to learn how to make a solar panel.
 

cannabineer

Ursus marijanus
Long enouph for Solyndra to learn how to make a solar panel.
I'm not asking about Solyndra and current politics. I'm talking about energy, and my line of inquiry was launched by NL's obviously ridiculous claim that crude oil is a renewable resource. the two serious(?) replies push gas or coal (both carbon-bearing fossil fuels) but without numbers or a plan. Why are you so keen to divert the question to partisan irrelevancies? cn
 

FreedomWorks

Well-Known Member
I'm not asking about Solyndra and current politics. I'm talking about energy, and my line of inquiry was launched by NL's obviously ridiculous claim that crude oil is a renewable resource. the two serious(?) replies push gas or coal (both carbon-bearing fossil fuels) but without numbers or a plan. Why are you so keen to divert the question to partisan irrelevancies? cn
Thats not true. Solyndra is an energy producing manufacturing company correct? Its all part of Obama's energy plan that we currently have in motion. Thats why its relevant. 90 billion dollars in green energy subsidies, while suffocating the middle class with high gas prices is bad policy. I can talk about it because I live it every day. When I go to fill up my car so I can get to work. I live it when I go to cash my paycheck, and th government wants to rape my earnings. Then they want to take all the money I've been paying into Medicare, and put it into ObamaCare. Thats not partisan politics. Its my life.
 

NLXSK1

Well-Known Member
I'm not asking about Solyndra and current politics. I'm talking about energy, and my line of inquiry was launched by NL's obviously ridiculous claim that crude oil is a renewable resource. the two serious(?) replies push gas or coal (both carbon-bearing fossil fuels) but without numbers or a plan. Why are you so keen to divert the question to partisan irrelevancies? cn
300 years ago there were no combustion engines, no powered flight, etc...

I expect technology to adapt to the future. If we run out of oil we go to natural gas. If we run out of natural gas we go to coal. By that time we will have something better.
 

Carthoris

Well-Known Member
300 years ago there were no combustion engines, no powered flight, etc...

I expect technology to adapt to the future. If we run out of oil we go to natural gas. If we run out of natural gas we go to coal. By that time we will have something better.
I can't imagine a world that doesn't have Fusion before 2100 unless there is a total and utter collapse. Rising oil prices will push investment into new energies and cause consumers to demand the development of efficient vehicles. Even when accounting for the increase in population and use of oil we are looking at 100 years worth of oil. Though, it might be more since rising prices will curb demand as well as other energies. Oil Shale, Tar Sands, and natural gas will be utilized in the coming decades. Even if fusion never pays off, solar power will likely be capable of powering our lives, thus leaving oil to making plastics and the like. How far can we really be from solar powered cars? It is gonna happen eventually. Look to see trains make a giant come back since they use electricity/coal.
 

NoDrama

Well-Known Member
The only reason we will never pay 100 bucks a gallon is because we won't be able to. Your imagining that advanced tecniques will forever make petrolium plentiful does not make it so. There is an end to oil - all the finances and science in the world is not keeping the Saudi fields from pumping significant sea water with their crude - a sure sign that the end is near. Gold is not regularly burned, the majority of all the gold ever recovered is still with us. Not so with petroleum
Yeah, thats exactly what people in the country formerly known as Rhodesia said, but in the end a gallon of gas cost 530 Trillion Dollars.
 

Carthoris

Well-Known Member
In 1900, man had not invented airplanes. WW1 brought us fight planes and tanks that well.. sucked. lol. WW2 brought us jet planes, modern tanks, and guided missles. In 1950, space was still a dream. We can visit space pretty much whenever we want now, and if you are rich you can even buy a ticket on a space shuttle. In the early 80s we had personal computers, and if you had money you could have one. Hell, I had a laptop in the early 80s. I had a computer before windows. It was rare, but my mom was a programmer for IBM. In just 25 years, computers have went from what was essentially a digital typewriter that you could play very basic(basic, get it? lol.) games and programs on to the six core 3.3 ghz computer with 12gb of memory and terabytes of harddrive(mostly porn) that I am using right now that cost less to build than my yearly beer allowance.(fuck you, I like beer). Cars are driving themselves around us, semis now play follow the leader without a driver. We couldn't imagine today 25 years ago, it is near impossible to know how insane our abilities will be in 50 years.

Come to think of it... that is why the unibomber started killing computer people. Technology increases exponentially. In 50 years we might not even be human anymore.
 
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