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  #31  
Old 11-05-2007, 01:16 PM
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Quote:
Originally Posted by GMAN
I heard the CEO of BP talking a while back. He stated that the largest reserves in the world are thought to be in the Gulf of Mexico off of Florida. However, the envirowhacko's have prevented us from drilling because they don't want to see oil rigs off the shore of Florida. Well, guess what.....China is has reached a deal with Cuba to drill for oil. So they get to drill in our back yard while we cow to the environmentalists. Keep in mind that it is in the best interest of our government to have high fuel prices. The higher the fuel price, the more tax revenue they get to collect. Tootie is correct about alternative fuel sources. We have had alternatives for decades. We simply have not used them. I think the oil companies have done everything they possibly can to keep them off of the market. I also think it would be in the best interest of everyone to keep the oil companies out of these alternative fuels. We need true competition. Lack of competition is the real cause of these high oil prices. There is little competition among the oil companies. Until there is competition prices will only go higher. We should also keep in mind that we get little of our oil from the Middle East. Most comes from South of our border, such as Mexico and Venezuela. I say we go to Mexico and Venezuela and annex them. Make them part of the U.S., take the oil and tax them. :P

Now Gman...you done went and "vocalized" what I have felt for years! Annex those 2 countries and we increase the size of our natural resources reserves, increase the size of our agri-busniess production, increase the country's tax base...and eliminate 80% of the illegal immigrant problem!!!!
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  #32  
Old 11-05-2007, 08:57 PM
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well........I saw $3.699 in Detroit today.When is enough, enough?
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  #33  
Old 11-05-2007, 11:44 PM
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Quote:
Originally Posted by 2000Volvo770
well........I saw $3.699 in Detroit today.When is enough, enough?
7..
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  #34  
Old 11-06-2007, 01:13 AM
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For me how i handle the higher fuel prices is i get a good fsc i think this week is like 41 cpm and i slowed down to 61 and im averaging anywhere from 7 to 8 mpg
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  #35  
Old 11-06-2007, 03:23 AM
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For us owner/operators that are on with a good company paying FSC, we PRAY for high fuel prices.

The FSC is based off 6 mpg.

The calculations are as follows:

Todays pump price - 1.25 / 6 = FSC

Don't ask me who came up with this 1.25/gallon number. But I'll tell you what, if you get more then 6 mpg, and the price goes up, you MAKE MORE MONEY!
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  #36  
Old 11-06-2007, 01:25 PM
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o.k. i am going to weigh in on this. my resources tell me that we have more oil in just the 3 states of utah, colorado, & wyoming than the entire middle east put together. it is in the form of brick shale. another reason i'm told why the crisis is what it is because we have not built any new refineries in over 20 years, but the demand has increased over the last 20 years. last but not least... if we had all the oil right here & the capacity to refine it, the cost added on by our government & the epa & other beuratic agencys would make it more expensive than importing it. that is why we have always increasingly imported more. it cost less. perioid. kinda like china goods.. we can & do produce the same goods here, but prices on a product maufactured by a union will cost more to buy here. look at the price of a automobile from one ot the unions big 3. the labor cost including taxes, epa, benefits, e.t.c. all add on to the total price. so if we ever develope alternative fuel here, the gov will say... hey if these peoplecan afford & paid 3-4 dollars a gallon before then we will charge the same. private co's & competion is the only way to lower prices.
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  #37  
Old 11-06-2007, 02:19 PM
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That "new refinery" thing is sort of a myth. Yes there has been no new refineries, but some of them have quadrupled in capacity.

If you guys would just kick off the heating oil habit, we wouldn't see this huge increase of 50-100 cents every fall. We don't run heating oil in Canada. We don't see this increase.

Diesel prices here have increased 5% in the past month.
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  #38  
Old 11-06-2007, 02:28 PM
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If you guys would just kick off the heating oil habit, we wouldn't see this huge increase of 50-100 cents every fall. We don't run heating oil in Canada. We don't see this increase.


we dont use heating oil here. we use elec & gas.[/list]
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  #39  
Old 11-06-2007, 02:42 PM
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I was talking more in general :P
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  #40  
Old 11-06-2007, 02:48 PM
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I was talking more in general.


we dont have generals here either. robert e lee died long ago. :lol:
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