FullMoon
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Registered: 3-28-2011
Location: Madeira,Ohio and GHM
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Gas Prices
There was a thread on here several weeks ago asking if gas prices would have any affect on travel this summer.I just returned from Key West and if the
amount of travelers out already is a guage then the tourist season should be good . I paid a low of $3.969 to a high of $4.319 on the Florida Turnpike
for diesel fuel. A man fueling next to me on the turnpike pumped $700 in fuel into his RV. The RV park we stayed in was full with people from as far
away as California and Canada. I realize there are still people that will not travel but judging from this the lake region may have another up year.
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FAUBUSH
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FullMoon, I have been looking at the map to get aquainted with our ride this week from Cape Coral to Nancy. On a most recent trip I paid $2.59 per
gallon on the average to drive from Cincinnati to the Cape. I will probably pay for a one way trip home this time what it would have cost to drive
round trip.
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Nervous_Wreck
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The other half is in 'Big Oils' pockets! 
ready for summer!
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madcon1023
Master Member
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Location: Ft. Mitchell, KY/Jamestown (JM)
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| Quote: | Originally posted by FAUBUSH
FullMoon, I have been looking at the map to get aquainted with our ride this week from Cape Coral to Nancy. On a most recent trip I paid $2.59 per
gallon on the average to drive from Cincinnati to the Cape. I will probably pay for a one way trip home this time what it would have cost to drive
round trip. |
Is $2.59 correct on this? I could believe it more if it was $3.59 unless of course you went from Nancy to Cape Coral in 2008 or 2009. 
BTW, we love Cape Coral. My inlaws have a condo there. Very nice area.
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FAUBUSH
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Location: Norwood
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This paperwork could be from 2009, more of a time reference than a price gauge, but interesting just the same.
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Captain Bob
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Speaking of gas prices..
This was on US-27 in Nicholasville, KY today. In fact, every station that we saw was $3.65-$3.67 in Nicholasville while here in Lexington (8-10 miles
North), it is $3.89 !!
BTW, For those working with me on the imagage resizing mystery, the original photo (taken with iPhone) was 840K but SHRINK PICTURES reduced it to
41K in 12 seconds)
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squakmeister
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I'll be stopping at the Krogers on the southside of Danville, KY on the 127 Bypass for gas
this weekend. Their current price is $3.71 and with the 0.30 cent per gallon discount, it will
cost $3.41. These days, that ain't half bad.
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xburnside
Master Member
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Registered: 12-21-2007
Location: EastCincy+Conley
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OIL - You better be sitting down when you read this !!!!!!
As you may know, Cruz Construction started a division in North Dakota just 6 months ago. They sent every Kenworth (9 trucks) we had here in Alaska to
North Dakota and several drivers.
They just bought two new Kenworths to add to that fleet; one being a Tri Drive tractor and a new 65 ton lowboy to go with it.
They also bought two new cranes (one crawler & one rubber tired) for that division.
Dave Cruz said they have moved more rigs in the last 6 months in ND than Cruz Construction moved in Alaska in the last 6 years.
Williston is like a gold rush town; they moved one of our 40 man camps down there since there are no rooms available.
Unemployment in ND is the lowest in the nation at 3.4 percent last I checked.
See anything in the national news about how the oil industry is fueling North Dakota's economy?
About 6 months ago, the writer was watching a news program on oil and one of the Forbes Bros. was the guest.
The host said to Forbes, "I am going to ask you a direct question and I would like a direct answer; how much oil does the U.S. have in the ground?"
Forbes did not miss a beat, he said, "more than all the Middle East put together.."
The U. S. Geological Service issued a report in April 2008 that only scientists and oil men knew was coming, but man was it big.
It was a revised report (hadn't been updated since 1995) on how much oil was in this area of the western 2/3 of North Dakota, western South Dakota,
and extreme eastern Montana ..
Check THIS out:
The Bakken is the largest domestic oil discovery since Alaska's Prudhoe Bay, and has the potential to eliminate all American dependence on foreign
oil. The Energy Information Administration (EIA) estimates it at 503 billion barrels. Even if just 10% of the oil is recoverable(5 billion barrels),
at $107 a barrel, we're looking at a resource base worth more than $5.3 trillion.
"When I first briefed legislators on this, you could practically see their jaws hit the floor.
They had no idea.." says Terry Johnson, the Montana Legislature's financial analyst.
"This sizable find is now the highest-producing onshore oil field found in the past 56 years," reports The Pittsburgh Post Gazette.
It's a formation known as the Williston Basin, but is more commonly referred to as the 'Bakken.'
It stretches from Northern Montana, through North Dakota and into Canada ..
For years, U. S. oil exploration has been considered a dead end.
Even the 'Big Oil' companies gave up searching for major oil wells decades ago.
However, a recent technological breakthrough has opened up the Bakken's massive reserves, and we now have access of up to 500 billion barrels. And
because this is light, sweet oil, those billions of barrels will cost Americans just $16 PER BARREL !!!!!!
That's enough crude to fully fuel the American economy for 2041 years straight.
And if THAT didn't throw you on the floor, then this next one should - because it's from 2006 !!!!!!
U.. S. Oil Discovery - Largest Reserve in the World
Stansberry Report Online - 4/20/2006
Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world.
It is more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction.
In three and a half years of high oil prices none has been extracted.
With this motherload of oil why are we still fighting over off-shore drilling?
They reported this stunning news: We have more oil inside our borders, than all the other proven reserves on earth.
Here are the official estimates:
8 times as much oil as Saudi Arabia
18 times as much oil as Iraq
21 times as much oil as Kuwait
22 times as much oil as Iran
500 times as much oil as Yemen
and it's all right here in the Western United States !!!!!!
HOW can this BE? HOW can we NOT BE extracting this? Because the environmentalists and others have blocked all efforts to help America become
independent of foreign oil! Again, we are letting a small group of people dictate our lives and our economy. WHY?
James Bartis, lead researcher with the study says we've got more oil in this very compact area than the entire Middle East, more than 2 TRILLION
barrels untapped.. That's more than all the proven oil reserves of crude oil in the world today, reports The Denver Post.
Don't think 'OPEC' will drop its price even with this find? Think again! It's all about the competitive marketplace, it has to.
Think OPEC just might be funding the environmentalists?
Got your attention yet?
Btw, this can be verified. Check it out at the link below !!!!!!
http://www.usgs.gov/newsroom/article.asp?ID=1911
dam glad it floats our boats
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Nervous_Wreck
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This just happened to catch my eye...
The Bakken is the largest domestic oil discovery since Alaska's Prudhoe Bay, and has the potential to eliminate all American dependence on
foreign oil.
Go figure!!!!
ready for summer!
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Captain Bob
Moderator Emeritus
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It's not coming from the Middle East..
You might be surprised to learn that "..the U.S. is still the No. 3 producer of oil in the world. The U.S. produces roughly the same amount of oil as
Canada, Mexico and the United Arab Emirates combined (No. 6, 7 and 8 on the top producers list). That means the U.S. supplies 48.6% of its consumption
while it imports 51.4% of consumption, or 9.67 MBD, from oil-exporting nations."
Source: http://www.dailyfinance.com/2011/02/28/surprising-facts-abou...
"The top source of crude oil for the US is…Canada. Followed by Mexico."
http://smartpeopleiknow.wordpress.com/2011/02/23/where-does-...
http://www.consumerenergyreport.com/research/crude-oil/where...
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Captain Bob
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And it's not just our problem..
"With such good fortune, America's soaring pump prices seem to defy the laws of supply and demand — except for one fact: It's increasingly not just
about us."
http://www.usatoday.com/money/industries/energy/story/2012-0...
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squakmeister
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Does this mean we will be able to sell our oil to China at 1/4 the fair market value to pay off
our national debt for the next 40 years before we will be able to use the oil ourselves?
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Captain Bob
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| Quote: | Originally posted by squakmeister
Does this mean we will be able to sell our oil to China at 1/4 the fair market value to pay off
our national debt for the next 40 years before we will be able to use the oil ourselves? |
When you think about it...
-We owe China a BUNCH of money
-We can't pay in cash -they already have it
-We can't pay in goods -they send their goods over to us
So, how ARE we going to pay them off?
Short of giving them California, the only thing we have that they might want is --natural resources.
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madcon1023
Master Member
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Oil as a commodity is measured in US dollars. With the dollar so weak globally, our cost per barrel is significantly higher.
The government is to blame for the high oil and gas prices. By allowing the US dollar to devalue, it is costing us more and more at the pump.
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lake4fun
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I believe that there are several reasons that this was ignored -- particularly by the normal media outlets... This will not help this administration
in it's quest to move fuel prices in this country to match Europe. And; this is the last thing the solar and wind groups want to see.
First I have to say that I want a clean environment. I pick up my trash and others that I find and I recycle everything I can. We don't have the
same infrastructure as Europe which is a much more compact and densely populated region. We don't have the public transportation that would allow for
such high fuel costs and the cost of developing that kind of infrastructure when we are as large as we are would be next to impossible even in the
next three generations.
Now for my very opinionated points:
The self-righteous so-called environmentalists that want to impede the development of domestic production need to be riding a bicycle or walking
before they will get any respect form me. Buying oil off-shore does some really bad things. First, we have our dollars supporting those that hate us
and wish us to die (literally) and secondly, by forcing the production to third world countries we are using oil produced where the environmental
issues are ignored or they are not equipped to address. Who do they think cleans up the crude spills in Africa when they blow up a pipe line? Also
do they really think that those environmental issues don't exist? I would rather see the development in this country or Canada were we are equipped
to monitor and fix environmental issues rather than a place where it will not be addressed. We are seeing the typical NIMBY response rather than
responsible actions. Now I've vented and we can go on to enjoy the fact that North America has more oil than the middle east...
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