More Proof the skeptics are WINNING!!

[Toddsterpatriot]

Not when "cheaper, reliable energy" is the result of very temporary, at this time, conditions.

Temporary? Like the next 100 years or more?

You happy with the price of gasoline today?

You have this idiotic notion that fossil fuel prices will stay the same until the day that they run out.

It is cheaper to run my car on gasoline than it is with wind power or solar power.

The only one on this thread with idiotic notions about fossil fuels is you.

 

[flacaltenn]

Temporary? Like the next 100 years or more?

You happy with the price of gasoline today?

You have this idiotic notion that fossil fuel prices will stay the same until the day that they run out.

It is cheaper to run my car on gasoline than it is with wind power or solar power.

The only one on this thread with idiotic notions about fossil fuels is you.

Wind runs out every Tuesday, Sunday and parts Monday. Solar runs out 14 hours aday and whenever it rains or snows. So you got 2 things right there that sucking badly today.

Suggest you worry more about that at the moment.

 

[polarbear]

Not when "cheaper, reliable energy" is the result of very temporary, at this time, conditions.

Temporary? Like the next 100 years or more?

You happy with the price of gasoline today?

You have this idiotic notion that fossil fuel prices will stay the same until the day that they run out.

And you have this idiotic notion that fossil fuel prices have risen because you simply can`t grasp what paper money is:

Let us look at relative cost to a worker to fill up using 1949 dollars. That year the 27 cents it cost for a gallon of gas, took a certain share of the worker's wage. The interesting question is, has the cost as a share or percent of the worker's wage increased or decreased over time? The table shows that for the two wage rates and price of gasoline in other years, this cost has fallen. Since wages have increased faster than the price of gasoline, by 2012 an unskilled worker spends less than two-thirds as much, as a percent of wage, for a gallon of gasoline than the 1949 worker. For a production worker it is only half. The table shows that the $3.61 a worker paid in 2012 would be comparable to only 19 to 23 cents (in 1949 prices "share" of the wage. When we use the GDP per capita, the cost has fallen faster. Looking at the table shows that a gallon of gasoline costs around 13 cents a gallon (in 1949 prices) if measured as a "share" of the GDP per capita. This is because in 1949, 27 cents was .015% of per capita GDP, while in 2012, $3.61 was .007%.
Finally, comparing its cost as a share of GDP, we see that in 1949 prices, it is about 6 cents. This means that a gallon gasoline was six times larger as a share of output in 1949 than it is today.

If you figure we run out of gas any time soon then go ahead and see if you can find a bank that will lend you the cash to buy a couple of large fuel tanks and fill them up. Should be easy and less risky than all the other long term investments they engage in.
The U.S. government keeps a large stock of oil reserves but not because they fear we`ll run out any time soon. These reserves are used to cushion the short term effects when some local crisis/military conflict threatens the steady supply of oil.
Are you so delusional to assume that the scenario you wish to come to pass has not been thought out by others who are a lot smarter than you?

None of them decided to invest in any schemes that would yield a profit if oil runs out....and it`s not as if these schemes don`t exist.
The problem is you can`t find enough people who would be dumb enough to fall for it.

You talk the same talk as the carpetbaggers who sold bomb proof bunkers and gas masks to some idiots that freaked out every time the soviets rattled a sabre.

 

[PMZ]

Your point that since 1949 we've been benefitting from oil climbing up the supply curve really says nothing about the future, does it.

Let's give you a little test on economics.

What happens to price when demand is increasing, and supply is falling?

 

[westwall]

Your point that since 1949 we've been benefitting from oil climbing up the supply curve really says nothing about the future, does it.

Let's give you a little test on economics.

What happens to price when demand is increasing, and supply is falling?

The only supply that's falling is renewables. They are being cancelled all over the world now...

 

[skookerasbil]

Weather has and always will be determined by the suns solar cycles >>>

Sun Will Flip Its Magnetic Field Soon | Space.com



More k00k losing.

 

[SSDD]

Not when "cheaper, reliable energy" is the result of very temporary, at this time, conditions.

Temporary? Like the next 100 years or more?

You happy with the price of gasoline today?

You have this idiotic notion that fossil fuel prices will stay the same until the day that they run out.

The price of gasoline today is the result of liberal obstruction and regulation. How long since a new refinery has been built? How much does it cost to wade through the red tape?

There is no shortage of crude...the shortage is in refining capacity. A direct consquence of liberal politics. Build a new refinery or two and watch the price of gas plummet

 

[Abraham3]

Refinery capacity? Really...

http://en.wikipedia.org/wiki/File:Crude_oil_prices_since_1861_(log).png

 

[polarbear]

Refinery capacity? Really...

http://en.wikipedia.org/wiki/File:Crude_oil_prices_since_1861_(log).png

You are some cement head. No matter how many time it`s explained you just can`t understand that it`s not the oil that went up.
The U$ lost over 20 times it`s value during the same time span.
The same inflationary price increases applied to wages, food, clothing, housing right across the board.
A loaf of bread cost several million Marks in the Weimar Republic and there was no shortage of bread but a huge amount of paper money with no collateral behind it...as is the case with almost every major currency today. Only total dummies sit on cash money instead of converting it into assets, preferably into assets of limited supply...and oil is not one of these !

 

[PMZ]

Refinery capacity? Really...

http://en.wikipedia.org/wiki/File:Crude_oil_prices_since_1861_(log).png

You are some cement head. No matter how many time it`s explained you just can`t understand that it`s not the oil that went up.
The U$ lost over 20 times it`s value during the same time span.
The same inflationary price increases applied to wages, food, clothing, housing right across the board.
A loaf of bread cost several million Marks in the Weimar Republic and there was no shortage of bread but a huge amount of paper money with no collateral behind it...as is the case with almost every major currency today. Only total dummies sit on cash money instead of converting it into assets, preferably into assets of limited supply...and oil is not one of these !

Where is the unlimited oil supply?

 

[flacaltenn]

I DO BELIEVE you were told TWICE by PBear that it's the DOLLAR value distorting oil prices.. Except for the late 70s and when we started Obama "Uncertain Recovery" with all kinds of monetary spiking.

Here's a better picture in CONSTANT dollars..

THat graph is just an example of how our leaders are LYING to us.. INFLATION is raging in this country (and in much of the western world).. We just haven't been told that yet.. BECAUSE our currencies are equalizing with stronger economies in Asia and S. America.

 

[PMZ]

I DO BELIEVE you were told TWICE by PBear that it's the DOLLAR value distorting oil prices.. Except for the late 70s and when we started Obama "Uncertain Recovery" with all kinds of monetary spiking.

Here's a better picture in CONSTANT dollars..

THat graph is just an example of how our leaders are LYING to us.. INFLATION is raging in this country (and in much of the western world).. We just haven't been told that yet.. BECAUSE our currencies are equalizing with stronger economies in Asia and S. America.

The past is fully over. What we are concerned about is the future that we can have some impact on. There's not the slightest doubt that the future is declining supply and rising demand for fossil fuels until enough sustainable energy starts reducing demand.

 

[polarbear]

I DO BELIEVE you were told TWICE by PBear that it's the DOLLAR value distorting oil prices.. Except for the late 70s and when we started Obama "Uncertain Recovery" with all kinds of monetary spiking.

Here's a better picture in CONSTANT dollars..

THat graph is just an example of how our leaders are LYING to us.. INFLATION is raging in this country (and in much of the western world).. We just haven't been told that yet.. BECAUSE our currencies are equalizing with stronger economies in Asia and S. America.

The past is fully over. What we are concerned about is the future that we can have some impact on. There's not the slightest doubt that the future is declining supply and rising demand for fossil fuels until enough sustainable energy starts reducing demand.

If the "past is fully over" why then was every one of your oil price posts about the past?
Now we got that debunked let`s deal with the future
There is no doubt that the likes of you have been trying to block resource development of any kind, oil & gas first and foremost.
So far that was under the pretense to curb "global warming".
That stopped and now it`s under the pretense to leave some sort of oil-nest egg for future generations.
"Sustainable energy" a phrase people with no technical background whatsoever use all the time yet none of you can define it.
As it stands fossil fuels are a so called "sustainable" energy source for at least 200 more years and that`s just with what we have drilled into so far.
In the meantime we improved the efficiency in every sector that uses fossil fuels. A lot can and is more likely to happen 200 years from now than this no more oil scenario you keep wishing for.
Like acute fresh water and food shortages + the conflicts and diseases that follow as a consequence.
That will happen long before the ever growing number of the world`s poor can afford to buy cars or build power plants and start competing & burning fossil fuels.
So far they`ld rather buy Kalashnikovs than windmills and that`s not going to change any time soon...

 

[Abraham3]

The high cost of petroleum is not due to a shortage of refinery capacity.

The high cost of petroleum is not due to a drop in the value of the US dollar.

The high cost of petroleum is primarily due to limitations on supply.

 

[skookerasbil]

I DO BELIEVE you were told TWICE by PBear that it's the DOLLAR value distorting oil prices.. Except for the late 70s and when we started Obama "Uncertain Recovery" with all kinds of monetary spiking.

Here's a better picture in CONSTANT dollars..

THat graph is just an example of how our leaders are LYING to us.. INFLATION is raging in this country (and in much of the western world).. We just haven't been told that yet.. BECAUSE our currencies are equalizing with stronger economies in Asia and S. America.

The past is fully over. What we are concerned about is the future that we can have some impact on. There's not the slightest doubt that the future is declining supply and rising demand for fossil fuels until enough sustainable energy starts reducing demand.

Apparently not s0n!!!
















LMAO.....even the Obama government projections on energy display fossil fuel domination for the next several decades!!! >>>>> EIA Report Estimates Growth of U.S. Energy Economy Through 2040 | Department of Energy














Which begs the question??????



Who are the fantasyland dwellars on this thread???

 

[skookerasbil]

 

[skookerasbil]

facts > philosophy







except for the k00ks.

 

[Abraham3]

The high cost of petroleum is not due to a shortage of refinery capacity.

The high cost of petroleum is not due to a drop in the value of the US dollar.

The high cost of petroleum is primarily due to limitations on [crude] supply.

And increasing demand of course.

 

[skookerasbil]

The high cost of petroleum is not due to a shortage of refinery capacity.

The high cost of petroleum is not due to a drop in the value of the US dollar.

The high cost of petroleum is primarily due to limitations on [crude] supply.

And increasing demand of course.

nobody cares

 

[PMZ]

I DO BELIEVE you were told TWICE by PBear that it's the DOLLAR value distorting oil prices.. Except for the late 70s and when we started Obama "Uncertain Recovery" with all kinds of monetary spiking.

Here's a better picture in CONSTANT dollars..

THat graph is just an example of how our leaders are LYING to us.. INFLATION is raging in this country (and in much of the western world).. We just haven't been told that yet.. BECAUSE our currencies are equalizing with stronger economies in Asia and S. America.

The past is fully over. What we are concerned about is the future that we can have some impact on. There's not the slightest doubt that the future is declining supply and rising demand for fossil fuels until enough sustainable energy starts reducing demand.

If the "past is fully over" why then was every one of your oil price posts about the past?
Now we got that debunked let`s deal with the future
There is no doubt that the likes of you have been trying to block resource development of any kind, oil & gas first and foremost.
So far that was under the pretense to curb "global warming".
That stopped and now it`s under the pretense to leave some sort of oil-nest egg for future generations.
"Sustainable energy" a phrase people with no technical background whatsoever use all the time yet none of you can define it.
As it stands fossil fuels are a so called "sustainable" energy source for at least 200 more years and that`s just with what we have drilled into so far.
In the meantime we improved the efficiency in every sector that uses fossil fuels. A lot can and is more likely to happen 200 years from now than this no more oil scenario you keep wishing for.
Like acute fresh water and food shortages + the conflicts and diseases that follow as a consequence.
That will happen long before the ever growing number of the world`s poor can afford to buy cars or build power plants and start competing & burning fossil fuels.
So far they`ld rather buy Kalashnikovs than windmills and that`s not going to change any time soon...

You are delusional and would like to that confirmed as reality. It's not.

Fossil fuel supply has peaked and will decline in supply from here. That truth is being obfuscated by the fact that what's left is expensive and low quality but not really gone. Just marginally available.

Doesn't matter. The future for fossil fuels is more and more expensive. Driven by less supply, more expensive supply and higher demand from more and more developing countries.

Simple reality.

The winners in the future will be those who have moved on away from fossil fuels. The losers will be those still battling for the scraps.

You would like us in the loser column as you won't live to see it and today it's the cheapest option. I want to see us in the winners column as I care more about my grandchildren that myself.

That puts you and I at odds. That means others not yet committed will have to live up either with me or you.

I'm not worried.