dilloduck
Diamond Member
*poof*--our energy needs are resolved. Now the terrorists have now reason to attack America or American interests ? :huh:
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dilloduck said:*poof*--our energy needs are resolved. Now the terrorists have now reason to attack America or American interests ? :huh:
wade said:What gives them power is that we have interests in the region and meddle in their affairs. With this power removed, we could just isolate them and let them live in the 17th century as is their want.
Wade.
wade said:It is our involvment in their countries and their culture that motivates them to attack us. Because we are dependant on Mid-East oil, we cannot simply withdraw from the region and leave them to themselves. If we were not there for the oil, their anger would soon internalize. Israel would be the only bone of contention remaining.
At it's core, the Arabs hate us for polluting their wonderful culture with our depraved culture. The truth is they fear their own people will abandon Islam for the free thinking of the West, and this is intolerable to them.
Wade.
Kathianne said:Wrong. The 'Muslims' that hate us, do so for the preaching of extremism in the mosques. We should have answered their questions long ago.
wade said:Umm, that's what I said. You are just saying it a different way.
And what perchance would that answer be?
Wade.
Kathianne said:I am not the person to ask. From what I can see, the Imams that are 'radicals' are preaching 'orthodoxy' meaning the 'real' Islam. Thus it is a religion of violence, not peace.
However, I'm not a theologian.
wade said:With some kind of relief for basic needs use (ie: heating a basic home), the fact is that people do consume energy in proportion to their incomes, usually more than in proportion. With such a caveat, I agree the tax is not particularly progressive, but it is not regressive. Some tweaking of the system however, could make it progressive. For instance, give everyone $X in energy credits each year, which they (and only they) can spend at the gas pump or for heating thier homes or whatever... or something along those lines.
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As for alternative power sources, so far there really is not a good technology available. Ion fuel cell tech is still years away (if it ever actually works), hydrogen fuel cell tech relies on natural gas to get the hydrogen. Solar - well it's a mature tech in terms of heating water in appropriate areas, but the cost of making a solar electric panel largely defeats purpose, and even if we could make them w/o expending huge energy up front placing enough panals to convert sunlight to electricity on any signifcant scale has a huge negative impact on the environment. The same is true for wind, tidal, and even hydro-electric power, you can only tap so much before you impact the environment in a significant way.
OTEP's (ocean thermal conversion units) would likewise have an impact, but it would admittedly be delayed several hundred years - but getting the power from the approprate locations out over the deep ocean to the mainland is a problem still to be solved. Geo-thermal power is a good alternative, but we don't have the tech to do this in any but a very few locations yet, nor do we know the consequences of trying to drill geo-thermal taps in general locations. Finally, we could build a couple of huge rotational taps (which draw energy from the Earths rotation), however only certain regions of the world are approprtiate for these - Alaska/Canada, Chile/Argentina, North-eastern Europe - and of course this would slow down the Earths rotation but probably this impact is acceptable for at least 100,000 years. Or we could put space stations up to run a cyclic solar powered turbine - but the cost of getting them up (in terms of energy) might take decades or even longer to recover, and the issue of how to get the energy to earth (microwaves) has environmental impacts that are probably not acceptable.
In the end, of the known technologies (I have a theory of gravity which might allow power production - but this is of course an unknown), what we need is fusion power. Rather than spending $200+ BIL on a war with Iraq, we should be spending on developing fusion power. The only negative to fusion power would be heat production, and that is a negative I think we can deal with (I hope).
One thing is for certain, if we can get off the oil-drug, the terrorists are beat.
Wade.
wade said:It is our involvment in their countries and their culture that motivates them to attack us. Because we are dependant on Mid-East oil, we cannot simply withdraw from the region and leave them to themselves. If we were not there for the oil, their anger would soon internalize. Israel would be the only bone of contention remaining.
At it's core, the Arabs hate us for polluting their wonderful culture with our depraved culture. The truth is they fear their own people will abandon Islam for the free thinking of the West, and this is intolerable to them.
Oh, and yes, I think this war in Iraq is largely about oil. Study President Bushes history, he is all about oil. He got burned in 1990-91 when Saddam went nuts, and barely saved his ass by selling off his Iraq based oil stocks after his dad leaked him the warning that it was about to become worthless.
You don't think there are pleanty of people in the US oil industry who would gladly trade a few american lives for tens of billions of $ of oil?
wade said:Hmmm.. I'm not saying that the oil barons want people to die so they can secure more oil rights, I'm saying that it's a cost they are willing to pay.
LOL - you have fallen for the Capitalism = Demcracy myth. They are not the same thing - in fact, capitalism inevitably destroys democracy.
Unrestricted capitalism must lead to totalitarianism, it is inevitable.
Wade.
wade said:Hmmm.. I'm not saying that the oil barons want people to die so they can secure more oil rights, I'm saying that it's a cost they are willing to pay.
LOL - you have fallen for the Capitalism = Demcracy myth. They are not the same thing - in fact, capitalism inevitably destroys democracy.
Comrade said:Yet they have no say in the matter, so what role do they play in the decision making process?
And oil companies don't get 'rights' to ownership or sales revenue from what is consistently a nationalized resource in all Middle East countries. What they will end up with is cheaper oil, and fewer profit margins as a distributor.
So what you claim doesn't make a bit of sense yet.
Comrade said:How could you possibly believe that?
The protection of personal property and the freedom of enterprise is a trait every Democratic regime in history guarantees. The lack of the same rights is a trait shared by only single party states, theocratic tyranny, or despotic rule.
I don't know how you can dispute this, but I'll be interested in seeing you try.
wade said:...
The inevitable outcome of unrestricted capitalism is all assets being owned by a single entity/individual. This is of course not compatible with democracy.
Wade.
wade said:But mostly, they profit from an increased supply of oil.
wade said:No, they also are involved in the oil well business, and get preferencial treatment in oil contracts. But mostly, they profit from an increased supply of oil.
Unpredictable earnings
Most of the oil companies' profit derives from crude oil exploration and production.
But the level of their earnings is highly unpredictable, determined by the volatile movements of a single commodity on world markets.
In 2000, with crude prices at record levels, profits were huge, with for example Shell reporting bumper profits of $9bn, a massive 85% rise on the previous year.
Exxon and Mobil led the rush to merge
But in 1998, when crude slumped to less than $10 a barrel, Shell's profits slid by 36% and Exxon's by 25%.
Supply uncertainty
The company's strong performance reflected a recent rally in crude oil prices amid fears that the war in Iraq, an oil workers' strike in Venezuela, and civil unrest in Nigeria would disrupt global supplies.
Exxon's bottom line received a further boost from the sale of its stake in German natural gas distributor Ruhrgas AG.
Exxon's revenues for the first three months of the year also rose sharply, climbing to $63.8bn from $43.4bn one year ago.
Other oil companies have also benefited from the rally in world oil prices, with the UK's BP unveiling a record first-quarter profit of $3.7bn earlier this week.
However, world oil prices are expected to fall in the months ahead as Iraqi output returns to normal, taking some of the shine off the oil sector's financial results.
Big Oil: Slowing Supply
Since the mid-1990s, oil companies may have acted to suppress refinery capacity and control gasoline supply in an effort to drive up gasoline prices and boost profit margins, according to a report released in June by Senator Ron Wyden, D-Oregon.
The inevitable outcome of unrestricted capitalism is all assets being owned by a single entity/individual. This is of course not compatible with democracy.
freeandfun1 said:Once I again, I MUST question where you get your information and/or education.
Since when does an increase SUPPLY of ANYTHING help somebody make MORE profits?[/QUOTE[
Every good has a price elasticity curve, and therefore usually a point at which increasing production reduces profits. Prior to this point, increasing production increases profits. The point at which increasing production by one unit increases profits by 1 proprotional unit is called the unit elastic price point, but even beyond this point total profits are often increasing. Just because by producing one more unit of production you must lower the price slightly to sell it does not mean it is not profitable to do so. And in many markets it is possible to divide the market and sell at different prices to different segments.
With oil this point is very far down the curve. When oil is $10 a barrel, gas sells for 60% or more of what it does when oil is at $40 a barrel. Surely you can see the profits are higher at $10/barrel than at $40/barrel, even at the same consumption levels - and of course consumption increases at the lower price.
freeandfun1 said:Go back and study MACROECONOMICS 101 please.
Umm.. this is more a microeconomics problem than a macro economics problem.
I got my Macro from Prof. D. Bear and Micro from Prof. Ramu Ramanathan. Where'd you get yours?
Wade.
wade said:Umm.. this is more a microeconomics problem than a macro economics problem.
I got my Macro from Prof. D. Bear and Micro from Prof. Ramu Ramanathan. Where'd you get yours?
Wade.