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Automotive News & Views Are gas prices fueling your pain? 
10042 messages, Last post on Jul 12, 2008 at 3:07 PM
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| On my way to work, two men were pushing a white Jeep Grand Cherokee toward a Sunoco station as they ran out of gas. | |
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Replying to: gagrice (Jun 11, 2008 5:03 am) 
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http://www.philly.com/inquirer/opinion/20080611_Editorial__Oil_Trading.html
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Replying to: bpizzuti (Jun 11, 2008 5:28 am) Which brings up another issue. Would these wind generators work in the snow, sleet etc, etc? There are going to be a lot inventor types trying to come up with alternatives. That is a good thing. I am hoping for super efficient solar panels to be developed.
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Replying to: lemko (Jun 11, 2008 5:38 am) Congress Seeks to Close the 'Enron Loophole' May 15, 2008 1:22 PM ABC News' Z. Byron Wolf reports: Ken Lay has been dead almost two years and Jeffrey Skilling is several years into his 24 year prison sentence, but one legacy of the Enron era lives on. It’s the "Enron loophole," which exempts energy speculators who make trades electronically from US regulation. Some argue that the unregulated energy speculation, codified in 2000, can account for $20 to $25 in the jump in oil prices. But now, 8 years after energy traders were able to push legislation exempting their electronic trades of energy futures from US regulation, a measure in the Farm Bill aims to close the loophole and subject futures trades made electronically inside the United States to US law. “This bill is really our best bet to deter unscrupulous traders from manipulating energy prices and engaging in excessive speculation. This has been a long, hard road – and this is a major legislative victory," Said California Democrat Sen. Dianne Feinstein after the Senate passed the underlying Farm Bill on a broad, bipartisan basis. |
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Replying to: gagrice (Jun 11, 2008 5:40 am) 
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Replying to: gagrice (Jun 11, 2008 4:39 am) Rather than spend $1500 / person in airfare and $200-$400 a night in a nice euro-hotel and $200+ per dinner at a nice restaurant having 4 couples rent a 10 BR beach house for $12000 a week is much more cost effective. |
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Drove out to my mother-in-law's beach house on the East End of Long Island last Saturday. For a perfect early summer beach day, eastbound traffic on the Long Island Expressway was noticeably lighter than usual. No need for the customary tap on the brakes at exit 56, for example. But my fellow travelers were not slowing down to save gas. I set my cruise control at 65 mph - that's 10 mph over the speed limit - & found that for every car I passed, 6 or 7 passed me. (When you see a Dodge Durango - a truck with the aerodynamics of a tool shed - moving along at 75+, you have to wonder if the owner forges credit cards for a living. How else can he keep that thing fueled up?) Still, I found that holding my speed to 65 (I normally drive at 70 to 75 mph under those traffic conditions) didn't make our 60 mile trip seem any longer, & it was more relaxing. I could actually pay attention to what my wife was saying. It remains to be seen if that's good or bad for our marriage. |
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Replying to: andre1969 (Jun 10, 2008 7:40 pm) |
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It's amazing to me that given their track-record of being wrong year after year, that they have the kahunas to make some of these predictions. As a taxpayer I'm pretty  right now, that we're spending money paying for these forecasts! http://www.usatoday.com/money/industries/energy/2008-06-11-energy-dept-oil-gas-p- - rices_N.htm "Caruso said oil prices are likely to stay high far into the future. He projected oil costing $107 a barrel in 2015." This is a good example at why I don't like to give any more $ via any tax, while they waste $ with garbage like this.
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