5 dollar gas...are we ready?

[LynahFan]

Re: 5 dollar gas...are we ready?

Now here are some appropriate uses for solar energy (and other renewables): link.

Replacing traditional utility powerplants, not so much.

 

[Patman]

Re: 5 dollar gas...are we ready?

Now here are some appropriate uses for solar energy (and other renewables): link.

Replacing traditional utility powerplants, not so much.

I've noticed that the military is responding to societal (read political) demands as much as anybody else... so i don't know that this is much about efficiency but rather bowing to the politically correct gods... now, if it really is about efficiency and doing things better than the alternatives then all the power to them... but I don't think our military is immune to cultural foibles.

 

[Tundra]

Re: 5 dollar gas...are we ready?

Looks like gasoline is stuck at $4.19. I guess Tesoro need more profit margin with their monopoly (95%) control up here.

Tesoro 10Q may 2011

Gross refining margin ($/throughput barrel) (c) $ 14.33 $ 6.36

Manufacturing Cost before Depreciation and Amortization
Expense($/throughput bbl) (c) $ 5.22 $ 5.94

During the first quarter, the improved margin environment, more reliable refinery utilization, increased throughputs

Overview. Operating income for our refining segment increased by $472 million, or 279%, to $303 million during the 2011 Quarter as compared to the 2010 Quarter. The increase is primarily due to an improved margin environment and higher refinery throughput during the 2011 Quarter.

Western Refining

Refining Margins

Gross refining margin rose 147.2% year-over-year to $15.77 per barrel. In terms of different regions, refining margin was up approximately 170.6% in El Paso to $18.70 per barrel and up 29.0% in Four Corners to $19.70 per barrel.

Operating Expenses

Direct operating expenses in El Paso during the quarter averaged $5.91 per barrel, up 56.8% year over year, while costs in Four Corners decreased 11.1% from the year-ago period to $6.70 per barrel.

 

[Tundra]

Re: 5 dollar gas...are we ready?

Now here are some appropriate uses for solar energy (and other renewables): link.

Replacing traditional utility powerplants, not so much.

Yeah not a bad idea using solar power in the desert. Anything to reduce supply convoy and kickbacks to Taliban warlords would be a good thing.

 

[LynahFan]

Re: 5 dollar gas...are we ready?

Yeah not a bad idea using solar power in the desert. Anything to reduce supply convoy and kickbacks to Taliban warlords would be a good thing.

As the old expression went, "An army travels on its stomach." Supply chain has been the Achilles heel of many famous military campaigns, so reducing the front line troops' dependence on it is always a good thing.

 

[unh_hockey]

Re: 5 dollar gas...are we ready?

As the old expression went, "An army travels on its stomach." Supply chain has been the Achilles heel of many famous military campaigns, so reducing the front line troops' dependence on it is always a good thing.

One could make a case for renewable by reading sun zu

Block Supply Lines - "If a general is wise, he knows that a single man can halt an entire army."

Block Supply Lines -"One bushel of our enemy's foodstuffs is worth one hundred of our own."

If they are making the cuts they claim, than it would be significant for our troops and our position within the country. btw I don't think the first quote is from art of war, but it gets the point across.

 

[FlagDUDE08]

Re: 5 dollar gas...are we ready?

As the old expression went, "An army travels on its stomach." Supply chain has been the Achilles heel of many famous military campaigns, so reducing the front line troops' dependence on it is always a good thing.

You must construct additional pylons.

Sorry, couldn't be helped.

 

[Almington]

Re: 5 dollar gas...are we ready?

Yeah not a bad idea using solar power in the desert. Anything to reduce supply convoy and kickbacks to Taliban warlords would be a good thing.

Except you know have a stationary solar power station to defend. At the end of the day, it is a zero sum game: You either defend the convoys or you defend the power station.

 

[unofan]

Re: 5 dollar gas...are we ready?

Just hit $3.39 yesterday. It's officially dropped by 12.5% from its peak.

So, yeah, unlike the panic spawned by the media and others...it ain't hitting $5 this summer. Considering it's predicted to keep dropping, we're more likely to see $2.99 than we are $4.01 at this rate.

 

[Bakunin]

Re: 5 dollar gas...are we ready?

You must construct additional pylons.

Nice starcraft reference.

 

[unh_hockey]

Re: 5 dollar gas...are we ready?

glad to see it dropping. its dropping every day it seems. Demand must be going down. Even though I don't have a real commute anymore, its nice not having 50 dollar fillups.

 

[aparch]

Re: 5 dollar gas...are we ready?

glad to see it dropping. its dropping every day it seems. Demand must be going down. Even though I don't have a real commute anymore, its nice not having 50 dollar fillups.

All the speculators must have found something else to make money on. They'll be back jacking up the price soon enough.

 

[FlagDUDE08]

Re: 5 dollar gas...are we ready?

Supposedly Bilderberg wants $7/gallon. http://www.infowars.com/report-bilderberg-wants-gas-prices-at-7-a-gallon/

 

[aparch]

Re: 5 dollar gas...are we ready?

GM's CEO also asked for higher gas taxes.

http://money.cnn.com/2011/06/07/news/companies/gm_gas_tax_hike/index.htm

 

[MattS]

Re: 5 dollar gas...are we ready?

Just hit $3.39 yesterday. It's officially dropped by 12.5% from its peak.

So, yeah, unlike the panic spawned by the media and others...it ain't hitting $5 this summer. Considering it's predicted to keep dropping, we're more likely to see $2.99 than we are $4.01 at this rate.

We are still at ~$3.85 here in upstate NY. Although it has dropped from the high of about $4.05 earlier in the spring.

 

[FlagDUDE08]

Re: 5 dollar gas...are we ready?

We are still at ~$3.85 here in upstate NY. Although it has dropped from the high of about $4.05 earlier in the spring.

You must be down towards Ithaca... $3.69 up here.

 

[MattS]

Re: 5 dollar gas...are we ready?

You must be down towards Ithaca... $3.69 up here.

Exactly.

 

[SteveP]

Re: 5 dollar gas...are we ready?

93 Octane near State College has dropped from $4.25 to $3.93 as of this afternoon.

 

[bronconick]

Re: 5 dollar gas...are we ready?

All the speculators must have found something else to make money on. They'll be back jacking up the price soon enough.

Wheat's up to $6,255 per bushel or something equally stupid, I'm sure.

Executing speculators should be a matter of civic pride.

 

[Kepler]

Re: 5 dollar gas...are we ready?

Executing speculators should be a matter of civic pride.

Usurers, too.

Put a gibbet up right next to the bull and use it once a quarter, just the give the Wall Street weasels some perspective.