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Government Created Energy Mess and Cure
Message
From
14/05/2008 12:23:53
 
 
To
14/05/2008 11:29:10
General information
Forum:
News
Category:
Science
Miscellaneous
Thread ID:
01316790
Message ID:
01317039
Views:
14
That's a decent article about accurately judging Chinese oil demand. It is lacking regarding their supply and over simplifies the price of oil. It says little about speculators and completely disregards technical analysis in favor of fundamentals. It's another piece of the oil puzzle but only a small piece in regards to the overall energy policy of the United States, which is what I was addressing.

>Here is an analysis of today's oil markets.
>
>http://www.businessweek.com/bwdaily/dnflash/content/may2008/db20080513_734146.htm
>
>Amazingly, neither Democrats NOR Republicans are mentioned.
>
>>Energy costs and consequences have been in the news a lot lately, yet the so-called solutions offered ignore the past and offer more bad policy which will result in even higher costs.
>>
>>http://www.ibdeditorials.com/IBDArticles.aspx?id=295485696665472
>>
>>There is legislation in the works which will have detrimental short and long term effects on our ability to keep up with growing demand by creating an awful cap-and-trade system. Terrorist funding by Chavez is likely to lead to sanctions and dry up another source of oil in our own hemisphere. Demand by China and India are going to continue to increase as their citizens demand more energy as their economies expand. Those who think the price of oil has peaked are not looking at all the facts.
>>
>>Newt is again offering obvious and popular solutions.
>>http://www.humanevents.com/article.php?id=26495
>>
>>Of course we must keep things in perspective, after all while we bitch about $4/gallon gas, we say nothing about the following per gallon prices of the following common items:
>>
>>Evian spring water $6.40
>>Budweiser $8.88
>>Hershey's chocolate syrup $13.23
>>Jamba Juice $21.82
>>Red Bull energy drink $30.69
>>Tabasco sauce $94.46
>>black ink from an ink cartridge $2,701.52
>>insulin (Humulin L) $9,411.76
>>LSD $122,880.00
>>Thailand cobra venom $152,835.82
>>scorpion venom $38,858,507.46
>>
>>OK so maybe the last three aren't that common. ;)
>>http://www.cockeyed.com/science/gallon/liquid.html
Wine is sunlight, held together by water - Galileo Galilei
Un jour sans vin est comme un jour sans soleil - Louis Pasteur
Water separates the people of the world; wine unites them - anonymous
Wine is the most civilized thing in the world - Ernest Hemingway
Wine makes daily living easier, less hurried, with fewer tensions and more tolerance - Benjamin Franklin
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