Gas Prices

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  #41  
Old 05-16-08, 03:44 AM
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Originally Posted by nova_gh View Post
.but the cost of lumber is at an all time low...its $1.78 for a pine 2x4 8' long here.

I've also noticed building material prices being stabilized on the low side although from past market changes, I believe the lack of recent hurricanes is the cause. Whenever there is a lot of storm damage, lumber and especially plywood increase in price.

2x4's aren't as cheap here, $2.50 per 8' lenght but sawmill 2x4s are a lot higher than they used to be. The local mills around here now get $2 per 8' 2x4.
 
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  #42  
Old 05-16-08, 06:51 PM
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not only are we not retrieving the oil, but if we were to go after it, how many years would it take to get ready to retrieve it?

Do you think this is all part of some larger scheme? like say what happens in these middle eastern countries start running out of oil. Then the tables would be turned and they and everyone else would have to buy oil from us?

Theres so many options out there but no one wants the most logical common sense solutions, they keep wanting to pushing crap like E85 (i've used it, its worthless) and biodiesel.
 
  #43  
Old 06-04-08, 11:20 AM
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and to think that they used to throw away gas when they distilled oil products in the late 1890's

We should make the Hooover Dam of hydrogen production project a reality and then sell h2 to the world
 
  #44  
Old 06-09-08, 10:37 PM
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Originally Posted by marksr View Post
I've also noticed building material prices being stabilized on the low side although from past market changes, I believe the lack of recent hurricanes is the cause. Whenever there is a lot of storm damage, lumber and especially plywood increase in price.
Typical supply & demand. On the retail end....building materials prices have stabilized because the housing industry and the economy is in a funk so that has lessened demand for these products. You'll notice both Lowes, HomeDepot, cement and lumber suppliers have been reporting declining sales since the housing market pulled back and the demand for other building products have declined. However; due to higher costs to transport (truck and rail) these items we may not see any significant price drops in the building materials industry for a while.

We're no were near the peak of high oil prices...not even at $150/barrel. Everyone says the bubble is near....meanwhile China's growth hasn't slowed very much, India is still considered an emerging market, and now Russia is considered to be the next frontier market to watch. It's not only America who's sucking up oil in groves. This is a global economy we live in, anymore, where it's cheaper to hire labor in other countries so American businesses moved their operations overseas, thus driving the growth and need for energy in foreign countries.

Heard an analyst a couple weeks ago predicting $10-$12 per gallon gasoline, eventually. As one who watching the energy markets closely I have to say that prediction doesn't seem so far fetched...eventually...if we continue relying on fossil fuels.
 
  #45  
Old 06-09-08, 11:04 PM
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Originally Posted by nova_gh View Post
not only are we not retrieving the oil, but if we were to go after it, how many years would it take to get ready to retrieve it?

Do you think this is all part of some larger scheme? like say what happens in these middle eastern countries start running out of oil. Then the tables would be turned and they and everyone else would have to buy oil from us?

Theres so many options out there but no one wants the most logical common sense solutions, they keep wanting to pushing crap like E85 (i've used it, its worthless) and biodiesel.
Anwar...that's what, 10-15 years before it's piped down to the states? I can only imagine what oil prices will be by the time we see that oil.

The tables will turn on the Middle East when the world has less demand for oil. Hopefully that will happen before the Middle East runs out of oil.

Btw, Canada is the largest exporter of oil to the US, almost twice as much than the Saudi's....and Canada's oil comes from surface mining (oil sands excavation). I find it rather amusing that these oil sands companies were barely surviving several years ago and most of the energy market analysts were writing them off as losers. But now our neighbors to the north are laughing all the way to the bank as they make money hand over foot with the current oil prices as we continue importing their oil.

Sure, there's a number of alternatives besides E85. Corn has been pushed for a longer time in the industry as some type of quick fix. In a nutshell, though, finding the best alternative energy has turned into, "which comes first, the horse or the wagon?" while deciding if there's a market for a specific technology. Hydrogen fuel cell vehicles (HFCVs) look pretty good but infrastructure (hydrogen re-fueling stations) and cost effective production isn't there yet to support a big market. Meanwhile automotive manufacturers who are making HFCV's are stating these vehicles are getting a range of up to 500 miles. Man, my old truck gets 18 mpg on a good day with the wind at my back!
 
  #46  
Old 06-10-08, 06:13 PM
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did anyone see that car on the NBC Nightly News, it got like 300 miles to a gallon, could travel from ny to la on one tank. Thats great, but the car itself is the problem, you can only put two people in it, and thats it. So i drive from ny to la with a friend, where are we going to put our luggage? Probably would have to have it shipped UPS.

If they want to make these cars catch on, they need to make them more mainstream, i don't want to drive a snow dome down I-35 at 75 mph next to a tractor/trailer.
 
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