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Jeff DeWitt 04-19-2006 08:34 PM

Re: Jeep Patriot
 
No, it's not a renewable resources, but there is LOTS of it out there,
some tied up for political reasons (such as ANWAR), and some not
commercially viable, such as oil shale. However if prices stay above 40
a barrel for an extended period of time these sources will profitable to
exploit.

Jeff DeWitt

Earle Horton wrote:
> If you want to help problems in Nigeria, then answer some of those emails
> you have been getting. ;^)
>
> The only flaw in your reasoning, that I can see, is that petroleum is not a
> renewable resource, except on a time scale of millions of years, at least
> not yet. Until some genius figures out how to make the stuff out of CO2 and
> sunlight, we are burning dwindling stocks of the stuff. I look for prices
> to go up, down, up again, and so forth, but with the trend always up.
>
> Earle
>
> "Jeff DeWitt" <JeffDeWitt@nc.rr.com> wrote in message
> news:eOh1g.1329$cs4.753@southeast.rr.com...
>
>>Well Kate think about it, OK part of the reason prices are high is
>>tension over Iran and problems in Nigeria. Once those problems are
>>sorted out (however it happens), that will take a lot of pressure. Plus
>>with prices as high as they are there is a lot of new exploration going
>>on and wells that weren't worth running with oil at $20 a barrel are
>>being uncapped and brought back online. In addition with oil about $40
>>a barrel oil sands and oil shale become economically feasible to tap.
>>
>>In a few years all this stuff is going to be coming online and we are
>>going to have another oil glut.
>>
>>Jeff DeWitt
>>
>>Kate wrote:
>>
>>>"Jeff DeWitt" <JeffDeWitt@nc.rr.com> wrote in message
>>>news:BQf1g.1788$7u6.520@tornado.southeast.rr.co m...
>>>: Your probably right. Unless something really ugly happens that
>>>: seriously cuts the oil supply (the Saudi or Iranian oil fields getting
>>>: nuked for example), oil prices are not sustainable as high as they are
>>>: and we are headed for an oil price crash (I can't wait!).
>>>:
>>>: When that happens of course gas prices will come back down and people
>>>: will be able to buy the cars and Jeeps they really want again...

>
> unless
>
>>>: the government screws everything up!
>>>:
>>>: Jeff DeWitt
>>>:
>>>
>>>Jeff, with all my heart I hope that your prediction is correct.
>>>Me and my little 14-15 mpg TJ would be very happy to pay a little less

>
> at
>
>>>the pump
>>>
>>>Kate
>>>
>>>

>
>
>


Jeff DeWitt 04-19-2006 08:34 PM

Re: Jeep Patriot
 
No, it's not a renewable resources, but there is LOTS of it out there,
some tied up for political reasons (such as ANWAR), and some not
commercially viable, such as oil shale. However if prices stay above 40
a barrel for an extended period of time these sources will profitable to
exploit.

Jeff DeWitt

Earle Horton wrote:
> If you want to help problems in Nigeria, then answer some of those emails
> you have been getting. ;^)
>
> The only flaw in your reasoning, that I can see, is that petroleum is not a
> renewable resource, except on a time scale of millions of years, at least
> not yet. Until some genius figures out how to make the stuff out of CO2 and
> sunlight, we are burning dwindling stocks of the stuff. I look for prices
> to go up, down, up again, and so forth, but with the trend always up.
>
> Earle
>
> "Jeff DeWitt" <JeffDeWitt@nc.rr.com> wrote in message
> news:eOh1g.1329$cs4.753@southeast.rr.com...
>
>>Well Kate think about it, OK part of the reason prices are high is
>>tension over Iran and problems in Nigeria. Once those problems are
>>sorted out (however it happens), that will take a lot of pressure. Plus
>>with prices as high as they are there is a lot of new exploration going
>>on and wells that weren't worth running with oil at $20 a barrel are
>>being uncapped and brought back online. In addition with oil about $40
>>a barrel oil sands and oil shale become economically feasible to tap.
>>
>>In a few years all this stuff is going to be coming online and we are
>>going to have another oil glut.
>>
>>Jeff DeWitt
>>
>>Kate wrote:
>>
>>>"Jeff DeWitt" <JeffDeWitt@nc.rr.com> wrote in message
>>>news:BQf1g.1788$7u6.520@tornado.southeast.rr.co m...
>>>: Your probably right. Unless something really ugly happens that
>>>: seriously cuts the oil supply (the Saudi or Iranian oil fields getting
>>>: nuked for example), oil prices are not sustainable as high as they are
>>>: and we are headed for an oil price crash (I can't wait!).
>>>:
>>>: When that happens of course gas prices will come back down and people
>>>: will be able to buy the cars and Jeeps they really want again...

>
> unless
>
>>>: the government screws everything up!
>>>:
>>>: Jeff DeWitt
>>>:
>>>
>>>Jeff, with all my heart I hope that your prediction is correct.
>>>Me and my little 14-15 mpg TJ would be very happy to pay a little less

>
> at
>
>>>the pump
>>>
>>>Kate
>>>
>>>

>
>
>


Jeff DeWitt 04-19-2006 08:34 PM

Re: Jeep Patriot
 
No, it's not a renewable resources, but there is LOTS of it out there,
some tied up for political reasons (such as ANWAR), and some not
commercially viable, such as oil shale. However if prices stay above 40
a barrel for an extended period of time these sources will profitable to
exploit.

Jeff DeWitt

Earle Horton wrote:
> If you want to help problems in Nigeria, then answer some of those emails
> you have been getting. ;^)
>
> The only flaw in your reasoning, that I can see, is that petroleum is not a
> renewable resource, except on a time scale of millions of years, at least
> not yet. Until some genius figures out how to make the stuff out of CO2 and
> sunlight, we are burning dwindling stocks of the stuff. I look for prices
> to go up, down, up again, and so forth, but with the trend always up.
>
> Earle
>
> "Jeff DeWitt" <JeffDeWitt@nc.rr.com> wrote in message
> news:eOh1g.1329$cs4.753@southeast.rr.com...
>
>>Well Kate think about it, OK part of the reason prices are high is
>>tension over Iran and problems in Nigeria. Once those problems are
>>sorted out (however it happens), that will take a lot of pressure. Plus
>>with prices as high as they are there is a lot of new exploration going
>>on and wells that weren't worth running with oil at $20 a barrel are
>>being uncapped and brought back online. In addition with oil about $40
>>a barrel oil sands and oil shale become economically feasible to tap.
>>
>>In a few years all this stuff is going to be coming online and we are
>>going to have another oil glut.
>>
>>Jeff DeWitt
>>
>>Kate wrote:
>>
>>>"Jeff DeWitt" <JeffDeWitt@nc.rr.com> wrote in message
>>>news:BQf1g.1788$7u6.520@tornado.southeast.rr.co m...
>>>: Your probably right. Unless something really ugly happens that
>>>: seriously cuts the oil supply (the Saudi or Iranian oil fields getting
>>>: nuked for example), oil prices are not sustainable as high as they are
>>>: and we are headed for an oil price crash (I can't wait!).
>>>:
>>>: When that happens of course gas prices will come back down and people
>>>: will be able to buy the cars and Jeeps they really want again...

>
> unless
>
>>>: the government screws everything up!
>>>:
>>>: Jeff DeWitt
>>>:
>>>
>>>Jeff, with all my heart I hope that your prediction is correct.
>>>Me and my little 14-15 mpg TJ would be very happy to pay a little less

>
> at
>
>>>the pump
>>>
>>>Kate
>>>
>>>

>
>
>


Jeff DeWitt 04-19-2006 08:38 PM

Re: Jeep Patriot
 
Oh I know, one of the biggest parts of this problem is the idiots in
Washington that are more interested in playing politics then dealing
with our problems... that is doing their jobs.

However other countries have leadership that isn't quite as stupid, the
Canadians are building a big refinery, as are the Mexicans.

Now if a few Congresscritters would go for a ride with Teddy Kennedy...

Jeff DeWitt

Will Honea wrote:
> On Wed, 19 Apr 2006 01:51:40 UTC "Kate" <Kate@dub.dub.dub.com (please
> ask)> wrote:
>
>
>>"Jeff DeWitt" <JeffDeWitt@nc.rr.com> wrote in message
>>news:BQf1g.1788$7u6.520@tornado.southeast.rr.com ...
>>: Your probably right. Unless something really ugly happens that
>>: seriously cuts the oil supply (the Saudi or Iranian oil fields getting
>>: nuked for example), oil prices are not sustainable as high as they are
>>: and we are headed for an oil price crash (I can't wait!).
>>:
>>: When that happens of course gas prices will come back down and people
>>: will be able to buy the cars and Jeeps they really want again... unless
>>: the government screws everything up!
>>:
>>: Jeff DeWitt
>>:
>>
>>Jeff, with all my heart I hope that your prediction is correct.
>>Me and my little 14-15 mpg TJ would be very happy to pay a little less at
>>the pump

>
>
> Read the reports carefully - it's not so much the price of the crude
> driving prices as the refining capacity and the delays enforced by the
> regs on additives driving gasoline prices. Not a whole lot of excess
> refining capacity to work with in this country right now or in the
> foreseeable future.
>


L.W.(Bill) Hughes III 04-19-2006 08:49 PM

Re: Jeep Patriot
 
Never happen.
Can you imagine what a glut the Arabs would have if every home in
just the U.S.of A. was powered by nuclear energy???????
God Bless America, Bill O|||||||O
mailto:-------------------- http://www.----------.com/

Jeff DeWitt wrote:
>
> Oh I know, one of the biggest parts of this problem is the idiots in
> Washington that are more interested in playing politics then dealing
> with our problems... that is doing their jobs.
>
> However other countries have leadership that isn't quite as stupid, the
> Canadians are building a big refinery, as are the Mexicans.
>
> Now if a few Congresscritters would go for a ride with Teddy Kennedy...
>
> Jeff DeWitt


Jeff DeWitt 04-19-2006 09:02 PM

Re: Jeep Patriot
 
And that would be a bad thing how?

If our political types were actually interested in solving our energy
problem they would encourage domestic production while discouraging
imports and at the same time push the development of advanced nuclear
reactors and finding a liquid fuel made from renewable resources that
could economically replace oil.

It could be done, but we need a few more statesmen and a few less
politicians.

Jeff DeWitt

L.W.(Bill) ------ III wrote:
> Never happen.
> Can you imagine what a glut the Arabs would have if every home in
> just the U.S.of A. was powered by nuclear energy???????
> God Bless America, Bill O|||||||O
> mailto:-------------------- http://www.----------.com/
>
> Jeff DeWitt wrote:
>
>>Oh I know, one of the biggest parts of this problem is the idiots in
>>Washington that are more interested in playing politics then dealing
>>with our problems... that is doing their jobs.
>>
>>However other countries have leadership that isn't quite as stupid, the
>>Canadians are building a big refinery, as are the Mexicans.
>>
>>Now if a few Congresscritters would go for a ride with Teddy Kennedy...
>>
>>Jeff DeWitt


Jeff DeWitt 04-19-2006 09:02 PM

Re: Jeep Patriot
 
And that would be a bad thing how?

If our political types were actually interested in solving our energy
problem they would encourage domestic production while discouraging
imports and at the same time push the development of advanced nuclear
reactors and finding a liquid fuel made from renewable resources that
could economically replace oil.

It could be done, but we need a few more statesmen and a few less
politicians.

Jeff DeWitt

L.W.(Bill) ------ III wrote:
> Never happen.
> Can you imagine what a glut the Arabs would have if every home in
> just the U.S.of A. was powered by nuclear energy???????
> God Bless America, Bill O|||||||O
> mailto:-------------------- http://www.----------.com/
>
> Jeff DeWitt wrote:
>
>>Oh I know, one of the biggest parts of this problem is the idiots in
>>Washington that are more interested in playing politics then dealing
>>with our problems... that is doing their jobs.
>>
>>However other countries have leadership that isn't quite as stupid, the
>>Canadians are building a big refinery, as are the Mexicans.
>>
>>Now if a few Congresscritters would go for a ride with Teddy Kennedy...
>>
>>Jeff DeWitt


Jeff DeWitt 04-19-2006 09:02 PM

Re: Jeep Patriot
 
And that would be a bad thing how?

If our political types were actually interested in solving our energy
problem they would encourage domestic production while discouraging
imports and at the same time push the development of advanced nuclear
reactors and finding a liquid fuel made from renewable resources that
could economically replace oil.

It could be done, but we need a few more statesmen and a few less
politicians.

Jeff DeWitt

L.W.(Bill) ------ III wrote:
> Never happen.
> Can you imagine what a glut the Arabs would have if every home in
> just the U.S.of A. was powered by nuclear energy???????
> God Bless America, Bill O|||||||O
> mailto:-------------------- http://www.----------.com/
>
> Jeff DeWitt wrote:
>
>>Oh I know, one of the biggest parts of this problem is the idiots in
>>Washington that are more interested in playing politics then dealing
>>with our problems... that is doing their jobs.
>>
>>However other countries have leadership that isn't quite as stupid, the
>>Canadians are building a big refinery, as are the Mexicans.
>>
>>Now if a few Congresscritters would go for a ride with Teddy Kennedy...
>>
>>Jeff DeWitt


Kate 04-20-2006 07:14 AM

Re: Jeep Patriot
 

"Jeff DeWitt" <JeffDeWitt@nc.rr.com> wrote in message
news:eOh1g.1329$cs4.753@southeast.rr.com...
: Well Kate think about it, OK part of the reason prices are high is
: tension over Iran and problems in Nigeria. Once those problems are
: sorted out (however it happens), that will take a lot of pressure. Plus
: with prices as high as they are there is a lot of new exploration going
: on and wells that weren't worth running with oil at $20 a barrel are
: being uncapped and brought back online. In addition with oil about $40
: a barrel oil sands and oil shale become economically feasible to tap.
:
: In a few years all this stuff is going to be coming online and we are
: going to have another oil glut.
:
: Jeff DeWitt
:
:

You smart guys just impress the hell out of me.
I will remember this, and in a few years if it comes true, I will remind you
of it.

If not, I will remind you of it over and over and over and over again.....
heh heh

Kate



Kate 04-20-2006 07:14 AM

Re: Jeep Patriot
 

"Jeff DeWitt" <JeffDeWitt@nc.rr.com> wrote in message
news:eOh1g.1329$cs4.753@southeast.rr.com...
: Well Kate think about it, OK part of the reason prices are high is
: tension over Iran and problems in Nigeria. Once those problems are
: sorted out (however it happens), that will take a lot of pressure. Plus
: with prices as high as they are there is a lot of new exploration going
: on and wells that weren't worth running with oil at $20 a barrel are
: being uncapped and brought back online. In addition with oil about $40
: a barrel oil sands and oil shale become economically feasible to tap.
:
: In a few years all this stuff is going to be coming online and we are
: going to have another oil glut.
:
: Jeff DeWitt
:
:

You smart guys just impress the hell out of me.
I will remember this, and in a few years if it comes true, I will remind you
of it.

If not, I will remind you of it over and over and over and over again.....
heh heh

Kate




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