Page 1 of 3

The oil crisis is over!!!!!!!

PostPosted: Mon Jun 16, 2008 11:34 pm
by jay_a2j

Re: The oil crisis is over!!!!!!!

PostPosted: Mon Jun 16, 2008 11:36 pm
by bluetrajan
how do you figure that? i thought they were supposed to stay up for a long time

Re: The oil crisis is over!!!!!!!

PostPosted: Mon Jun 16, 2008 11:41 pm
by jay_a2j
bluetrajan wrote:how do you figure that? i thought they were supposed to stay up for a long time



Did you read the article via the link?

Re: The oil crisis is over!!!!!!!

PostPosted: Mon Jun 16, 2008 11:43 pm
by muy_thaiguy
That's actually quite interesting, truth be told.

Re: The oil crisis is over!!!!!!!

PostPosted: Mon Jun 16, 2008 11:56 pm
by bluetrajan
my bad. totally missed the link lol. i need more sleep. but that does look pretty sweet i mut say.

Re: The oil crisis is over!!!!!!!

PostPosted: Tue Jun 17, 2008 12:32 am
by Hologram
The added supply will drive prices down a bit, sure, but that won't stop the speculation on the commodities market unless something major happens that makes oil just as plentiful as dirt. Of course, this microbe might be able to do just that, so who knows?

In any case, I would much prefer we keep developing alternative fuels and higher mileage cars simply for conservation and green purposes.

Re: The oil crisis is over!!!!!!!

PostPosted: Tue Jun 17, 2008 1:08 pm
by Fruitcake


Carry on dreaming.

Re: The oil crisis is over!!!!!!!

PostPosted: Tue Jun 17, 2008 1:09 pm
by Anarkistsdream
WOW... Jay used FOX NEWS!!!

:roll: :roll: :roll: :roll: :lol: :lol: :lol: :lol: :lol:

Re: The oil crisis is over!!!!!!!

PostPosted: Tue Jun 17, 2008 1:14 pm
by Dancing Mustard
Jay, I really don't think that Lizardmen blood is a viable substitute for oil...

I mean, it's a nice idea and all. But I just don't see it working in pracitce, what with lizardmen being made-up and all.

Re: The oil crisis is over!!!!!!!

PostPosted: Tue Jun 17, 2008 1:17 pm
by Juan_Bottom
I agree with HOLOGRAM here. But the link was interesting. I can't see whether the price drop will hold or what...Good post.


I too, am proud of JAY for referencing FOX NEWS in a positive way.

Re: The oil crisis is over!!!!!!!

PostPosted: Tue Jun 17, 2008 1:48 pm
by jonesthecurl
Jay, you should've given them the link to the story in the (London) Times.
This appears to me to be an interesting and credible story. I don't know how practical this'll be, but let's wait and see.
(See jay, I don't just automatically discount everything you say. Just most of it.)

Re: The oil crisis is over!!!!!!!

PostPosted: Tue Jun 17, 2008 2:02 pm
by frogger4
it ain't over yet. oil is still $133.66 as of post time and that is not dropping anytime soon. As awesome as these microbes may be, it will take a long time to get them to a point of actually being cheaper to genetically modify these bacteria, not to mention how long it will take for one bacteria to make a whole barrel of oil.

Seems like an amazing discovery but I doubt it is enough to drop gas enough.

Re: The oil crisis is over!!!!!!!

PostPosted: Tue Jun 17, 2008 2:43 pm
by tzor
I just saw something recently about the tale of two completely different oilmen.

The Chairman of BP, Peter Sutherland is predicting that the era of cheap gas is over. He is expecting oil at $250 a barrel by next year.

OPEC, in its recent monthly market report predicted the exact opposite and stated that there is "little support for prices to remain at current levels." In lowering their demand forecast they are expecting the price to drop.

Re: The oil crisis is over!!!!!!!

PostPosted: Tue Jun 17, 2008 6:37 pm
by suggs
Apologies to Captain Obvious.
But oil prices are, over the long term, just gonna go up and up.
Cos -drum roll - i don't think there is infinite oil.

We need more nuclear power stations.
Utterly safe.

Re: The oil crisis is over!!!!!!!

PostPosted: Tue Jun 17, 2008 7:16 pm
by animorpherv1
suggs wrote:Apologies to Captain Obvious.
But oil prices are, over the long term, just gonna go up and up.
Cos -drum roll - i don't think there is infinite oil.

We need more nuclear power stations.
Utterly safe.


Keep dreaming. The gas/oil situation is gonna stay as is untill we stop using gas all together.

Re: The oil crisis is over!!!!!!!

PostPosted: Tue Jun 17, 2008 7:46 pm
by Simon Viavant
That might make prices level out temporarily, but they will start rising again very soon. The supply isn't gonna last forever. While we're on the subject, lowering taxes on oil companies would NOT benefit middle class and poor people.

Re: The oil crisis is over!!!!!!!

PostPosted: Wed Jun 18, 2008 10:36 am
by Ray Rider
Do any Americans here know why your government banned off-shore oil and gas drilling?

Re: The oil crisis is over!!!!!!!

PostPosted: Wed Jun 18, 2008 10:45 am
by jay_a2j
Ray Rider wrote:Do any Americans here know why your government banned off-shore oil and gas drilling?



Cause liberals are concerned with the environment. :roll:

Re: The oil crisis is over!!!!!!!

PostPosted: Wed Jun 18, 2008 10:51 am
by tzor
jay_a2j wrote:Cause liberals are concerned with the environment. :roll:

Because oil and water doesn't mix and it mkes a mess of the beaches and you have to wash all the birds in detergent and even then most die and it's not a pretty picture and ...

I mean off shore oil drilling? Who do you think we are? Brazil? :lol:

Re: The oil crisis is over!!!!!!!

PostPosted: Wed Jun 18, 2008 10:54 am
by Ray Rider
?? I thought there were lots of oil rigs in the Gulf of Mexico right now. As far as I know, oil spills are usually caused by tanker ships having problems, not by off-shore drilling.

Re: The oil crisis is over!!!!!!!

PostPosted: Wed Jun 18, 2008 11:16 am
by Hologram
Ray Rider wrote:Do any Americans here know why your government banned off-shore oil and gas drilling?

Well that's nice.


*double take*


WHAAAAT? THIS ENTIRE ISSUE OF WHY WE AREN'T DRILLING OFFSHORE IS DUE ENTIRELY TO THE PRIDE OF ONE STUPID MAN???!

FUCKING A!

Re: The oil crisis is over!!!!!!!

PostPosted: Wed Jun 18, 2008 11:26 am
by Dancing Mustard
animorpherv1 wrote:
suggs wrote:Apologies to Captain Obvious.
But oil prices are, over the long term, just gonna go up and up.
Cos -drum roll - i don't think there is infinite oil.
Keep dreaming. The gas/oil situation is gonna stay as is untill we stop using gas all together.

Can you actually read? Or are you one of these monkeys I keep hearing about who are trying to collectively write Shakespeare?

Re: The oil crisis is over!!!!!!!

PostPosted: Wed Jun 18, 2008 11:29 am
by ParadiceCity9
LOL so we're gonna be using poop for oil?

Re: The oil crisis is over!!!!!!!

PostPosted: Wed Jun 18, 2008 12:02 pm
by tzor
ParadiceCity9 wrote:LOL so we're gonna be using poop for oil?


That's the shittiest idea I've heard so far. Perhaps we can call it Organic Gas instead?

(Hey they already have "Orgenic Dry Cleaning" why not "Organic Gas?")

Re: The oil crisis is over!!!!!!!

PostPosted: Wed Jun 18, 2008 12:07 pm
by ParadiceCity9
tzor wrote:
ParadiceCity9 wrote:LOL so we're gonna be using poop for oil?


That's the shittiest idea I've heard so far. Perhaps we can call it Organic Gas instead?

(Hey they already have "Orgenic Dry Cleaning" why not "Organic Gas?")


Point well made.