- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
0
Posted on 6/18/14 at 12:22 pm to Darth_Vader
Mighty strong words
Posted on 6/18/14 at 12:22 pm to dewster
quote:It is.
This seems like an article that's intended to be shocking and dramatic enough to sell subscriptions and generate website hits.
Who would read it if the headline said "Nothing changes if ISIS takes over Iraqi oil"?
Posted on 6/18/14 at 12:22 pm to Thib-a-doe Tiger
quote:
Lolwut? I worked at a small service company and it added about $600k to our annual budget. This was a company of 60 employees. You don't think that extrapolated over the entire industry is going to raise prices?
nope, not on a global scale and national gas prices.
Posted on 6/18/14 at 12:23 pm to tgrbaitn08
quote:
that not going to make that much of an effect on the price at the pump
How so? Not as big an impact as taxes, I'll grant you, but all costs of doing business are passed on to the customers at the pump, and all these little things do add up.
Posted on 6/18/14 at 12:24 pm to tgrbaitn08
Nice 
Posted on 6/18/14 at 12:24 pm to Ace Midnight
quote:
Surely you don't deny that gasoline was about $1.80 when Obama was inaugurated and is about $3.60 now, do you?
Gas was so much less at the end of 2008 and beginning of 2009 because the economy was in the tank. I like when people make the cheap 2008 gas point like it was wasn't that cheap because of bad circumstances.
Posted on 6/18/14 at 12:27 pm to The Boat
Even though they are holding Iran's oil sales back.
Posted on 6/18/14 at 12:29 pm to The Boat
quote:
I like when people make the cheap 2008 gas point like it was wasn't that cheap because of bad circumstances.
Fine, well it's not expensive now due to a booming economy - it is a continued failure of the current administration's foolish, pie-in-the-sky policies regarding green sources and a punitive attitude towards fossil fuel.
Frankly, the only reason gas isn't $6 an hour, based on current policies, is the expansion of fracking over the past decade. New wells in the gulf are not being drilled like in the past. ANWR is apparently off limits forever. The libs stalled the Keystone pipeline so long, the oil is now going to China - and I could go on and on.
But, just wait until coal is no longer cost effective for electricity - solar and wind are decades (if ever) from even making a dent in our gross demand for electricity - nuke was hobbled in the 80s and never fully recovered. So, what's left? Oil and natural gas.
When those become our majority power source, replacing all those coal-fired plants we have now, you'll be glad to go back in time to pay $5 or $6 for gasoline.
Posted on 6/18/14 at 12:30 pm to tgrbaitn08
quote:
nope, not on a global scale and national gas prices.
So adding what probably amounted to hundreds of billions of dollars in safety budgets, along with shutting down exploration in the Gulf for over a year, a slow permitting process, and no Keystone have no effect in gas prices domestically. Got it
Posted on 6/18/14 at 12:30 pm to Ace Midnight
quote:
but all costs of doing business are passed on to the customers at the pump, and all these little things do add up.
thats just it, its the cost of doing business. Cant say that it's all directly the result of the oil spill and the new safety regulations imposed by the administration.
Posted on 6/18/14 at 12:31 pm to Thib-a-doe Tiger
read the post right above yours and there lies your answer
Posted on 6/18/14 at 12:32 pm to tgrbaitn08
quote:
thats just it, its the cost of doing business. Cant say that it's all directly the result of the oil spill and the new safety regulations imposed by the administration.
That sentence is contradictory.
The cost of doing business is a direct result of new safety regulations.
Posted on 6/18/14 at 12:33 pm to Thib-a-doe Tiger
This is exactly how I feel. It's just fricking plain ignorant to say it has "little to no affect"
Posted on 6/18/14 at 12:33 pm to Thib-a-doe Tiger
quote:
So adding what probably amounted to hundreds of billions of dollars in safety budgets, along with shutting down exploration in the Gulf for over a year, a slow permitting process, and no Keystone have no effect in gas prices domestically. Got it
answer me this then.
Why are US natural gas prices so low?
Posted on 6/18/14 at 12:34 pm to tgrbaitn08
I didn't say there weren't other factors which cause gas prices to rise. But there is now a built in premium to cover the costs of compliance. Do you think these companies just absorbed the costs to save us?
Posted on 6/18/14 at 12:34 pm to GeauxxxTigers23
quote:
The cost of doing business is a direct result of new safety regulations.
true, but what I'm saying is that it's not making that much of an impact on the price of oil on a global scale
Posted on 6/18/14 at 12:36 pm to Thib-a-doe Tiger
quote:
I didn't say there weren't other factors which cause gas prices to rise.
well you said
quote:
His safety regulations didn't cause every oilfield related company to add billions collectively to their budget? Companies that weren't even a party to the spill? Who do you think ended up picking up the tab for that?
and didnt offer any other factors
Posted on 6/18/14 at 12:36 pm to tgrbaitn08
quote:
Why are US natural gas prices so low?
Fracking has increased the supply. While not a new process, technological advances over the past 15 to 20 years have made the process much more cost effective. And it recovers far more gas from depleted wells than it does oil.
Greater supply generally means lower prices.
Posted on 6/18/14 at 12:38 pm to tgrbaitn08
Sorry, didn't know I had to break it down for you that much.
NG is cheap because it is not really a global trade like oil is. Most countries produce their own NG.
It's also cheap because the demand isn't that great from consumers yet.
NG is cheap because it is not really a global trade like oil is. Most countries produce their own NG.
It's also cheap because the demand isn't that great from consumers yet.
Page 5 of 8
Popular
Back to top
Follow TigerDroppings for LSU Football News