Conquer Club

I have been thinking about this for about a month now (as I roll all those lovely high gas prices around inside my melon), and I think I got it figured out. At least it makes me feel a little better about our government, and gives me some hope that the Bush administration is not totally inept.

Okay, here goes:

1. The World needs more oil than ever before, the demand will always be increasing as the finite oil supply decreases. That in itself should raise oil prices.

2. The Middle East is rapidly approaching a Peak Oil phenomena that will begin an energy crisis. http://www.ameinfo.com/146155.html

3. The United States has been keeping their large oil reserves top secret and are only now beginning to slowly reveal their existence.

4. Higher Oil prices force Americans to have to invest their money into alternative vehicles, of which the market will be flooded with this new technology and will be made available to the general public via used alternative vehicles.

5. America will get off of oil using automobiles almost entirely, while we still have vast oil reserves stored away. Of which are far from being peaked out, because we haven't really tapped into them yet.

6. The United States government knows where every single oil reserve is hidden on the planet via new satellite technology, and it knows that the Midwest has more oil under it than the whole of the Middle East (For example: What do you find along with oil reserves? Shale rock and Dinosaur fossils. What state has one of the largest archeological sites with Dinosaur fossils AND Shale? South Dakota Badlands, of which their is an immense amount of oil hidden under neath.)

7. USA has been waiting for the Peak Oil crisis so that it can secure future resources for future generations of Americans.

8. Meanwhile, the US will have weened us all off of oil burning autos and we can sell our resources to other countries demanding oil!

9. As Saudi Arabia had a windfall of profits during their rein as Oil Lords, now the shoe will be placed on the other foot.

10. America will be the main provider of Hydro Carbon resource for not only autos (of which more and more will shift over to alternative fuel sources), but for plastics and industrial chemicals.

So, DaGip is not all doom and gloom about the situation that we are in, I think I am understanding the whole scenario, but why not just come clean with this to us? They would get much more public support, wouldn't you think?


PS--expect to start paying more for electronics and computes soon, and then when the game play draws to a close, all those prices will shoot way down, except perhaps gas prices, I think they will remain high as a incentive for US citizens to get off the gas vehicles--will probably have an environmental stint to it.

First couple points about supply and demand are pretty much correct.

The rest, though, is pure speculation. Maybe not as off the wall as usual, but still pure speculation.

InkL0sed wrote:First couple points about supply and demand are pretty much correct.

The rest, though, is pure speculation. Maybe not as off the wall as usual, but still pure speculation.

If the oil companies have this type of tech, then the Military has probably a better version by now at the very least:

http://www.msnbc.msn.com/id/6072980/

6. The United States government knows where every single oil reserve is hidden on the planet via new satellite technology, and it knows that the Midwest has more oil under it than the whole of the Middle East (For example: What do you find along with oil reserves? Shale rock and Dinosaur fossils. What state has one of the largest archeological sites with Dinosaur fossils AND Shale? South Dakota Badlands, of which their is an immense amount of oil hidden under neath.)

Wyoming is second only to Texas in oil and gas. Though the main problem is that we don't really have any newly built refineries, thus slowing down production of gas itself. The "newest" one is probably between 25 and 40 years old.

muy_thaiguy wrote:

6. The United States government knows where every single oil reserve is hidden on the planet via new satellite technology, and it knows that the Midwest has more oil under it than the whole of the Middle East (For example: What do you find along with oil reserves? Shale rock and Dinosaur fossils. What state has one of the largest archeological sites with Dinosaur fossils AND Shale? South Dakota Badlands, of which their is an immense amount of oil hidden under neath.)

Wyoming is second only to Texas in oil and gas. Though the main problem is that we don't really have any newly built refineries, thus slowing down production of gas itself. The "newest" one is probably between 25 and 40 years old.

North Dakota has one, that is where we have been getting our gas from. It's not any cheaper, but at least that money is going to Americans!

This is what I was talking about in my other thread. Why dig up and burn your own oil when your neighbor will sell you his for next to nothing...

Sounds nice, however highly unlikely.

If this was true all of my complaints about the government's incompetence would be incorrect, and I would breath a sigh of relief, as this would save us from the oncoming depression.

The reason is quite simple ... unfortunately

1. Demand is high - Especially from nations like China
2. The dollar is low - Oil is currently traded worldwide on the dollar
3. Speculators think oil will go higher and higher - the new gold - and so it does

The problem is that this creates a bubble ...

1. China was subsudising the price internally - they have stoped and demand will decrease.
2. Eventually someone is going to stop trading oil in dollars and use a real currency
3. No market lasts forever on the hype of speculators

There are no secret supplies, Americans would probably start buying hummers again if the prices went significantly down, and there are no easy solutions. NIMBY will keep most alternatives from being developed in areas where they are needed.

tzor wrote:The reason is quite simple ... unfortunately

1. Demand is high - Especially from nations like China
2. The dollar is low - Oil is currently traded worldwide on the dollar
3. Speculators think oil will go higher and higher - the new gold - and so it does

The problem is that this creates a bubble ...

1. China was subsudising the price internally - they have stoped and demand will decrease.
2. Eventually someone is going to stop trading oil in dollars and use a real currency
3. No market lasts forever on the hype of speculators

There are no secret supplies, Americans would probably start buying hummers again if the prices went significantly down, and there are no easy solutions. NIMBY will keep most alternatives from being developed in areas where they are needed.

I believe what you are talking about is called Petro-dollar Recycling. And, yes, oil is being traded in Euros now. "By who?" you may ask.

Well, the first country to do it was Iraq, and you see what happened to their leader, the next two countries that have done it are Iran and Venezuela (and you see how well we get along with those guys now, huh?)

If you got an hour to spare, here is a pretty good video from the UK:

http://video.google.com/videosearch?q=p ... oogle.com#

tzor wrote:The reason is quite simple ... unfortunately

1. Demand is high - Especially from nations like China
2. The dollar is low - Oil is currently traded worldwide on the dollar
3. Speculators think oil will go higher and higher - the new gold - and so it does

The problem is that this creates a bubble ...

1. China was subsudising the price internally - they have stoped and demand will decrease.
2. Eventually someone is going to stop trading oil in dollars and use a real currency
3. No market lasts forever on the hype of speculators

There are no secret supplies, Americans would probably start buying hummers again if the prices went significantly down, and there are no easy solutions. NIMBY will keep most alternatives from being developed in areas where they are needed.

Did you really just use a term from SimCity 3000?

I think you did.

My God, I think you did.

Hologram wrote:

tzor wrote:The reason is quite simple ... unfortunately

1. Demand is high - Especially from nations like China
2. The dollar is low - Oil is currently traded worldwide on the dollar
3. Speculators think oil will go higher and higher - the new gold - and so it does

The problem is that this creates a bubble ...

1. China was subsudising the price internally - they have stoped and demand will decrease.
2. Eventually someone is going to stop trading oil in dollars and use a real currency
3. No market lasts forever on the hype of speculators

There are no secret supplies, Americans would probably start buying hummers again if the prices went significantly down, and there are no easy solutions. NIMBY will keep most alternatives from being developed in areas where they are needed.

Did you really just use a term from SimCity 3000?

I think you did.

My God, I think you did.

Can you go to war and deplete other city's peak oil supplies all the while you horde your own for future profit?

Hologram wrote:

tzor wrote:The reason is quite simple ... unfortunately

1. Demand is high - Especially from nations like China
2. The dollar is low - Oil is currently traded worldwide on the dollar
3. Speculators think oil will go higher and higher - the new gold - and so it does

The problem is that this creates a bubble ...

1. China was subsudising the price internally - they have stoped and demand will decrease.
2. Eventually someone is going to stop trading oil in dollars and use a real currency
3. No market lasts forever on the hype of speculators

There are no secret supplies, Americans would probably start buying hummers again if the prices went significantly down, and there are no easy solutions. NIMBY will keep most alternatives from being developed in areas where they are needed.

Did you really just use a term from SimCity 3000?

I think you did.

My God, I think you did.

Are you referring to NIMBY? Not In My BackYard? That terminology predates SimCity, personal computers and evidently, Hologram himself. It has existed since the first (insert one of the following: refinery/prison/mental health facility/person of color) was proposed for location.

I haven't played Sim City 3000 but if you are referring to NIMBY, it's been used by the press to describe resistance to prisons in upstate New York, power plants in New York City, wind gneraters off Long Island and Cape Cod as well as a natural gas storage facility on the waters of the Long Island Sound. Webster's unabridged doesn't give a date of origin for the word.

Hmmm. I've never heard that term outside of SimCity.

Which, by the way, is one of my favorite games. Right up until the CD decided to die.

But a competent government would lend credibility to conspiracy theories regarding inside jobs, and we can't be having with that.

I don't think we could handle competent government. It would be a disaster for the nation!

Go to the grocery store and price a gallon of milk. Around here it's 3.99 at major retail... maybe less at big box. Price a gallon of olive oil - nothing fancy, just run of the mill olive oil from a brand you've never seen advertise - that will probably run you $14. Price a gallon of corn oil - not ethanol - just extracted, unfermented corn oil to cook with - that will probably run you $6-7. Price a gallon of bottled water... not the designer bottled water in the fancy glass bottle with fizz... just a plain old "deer park" in a plastic jug - that will probably run you $2-3/gallon, and that's with a public source in every kitchen in America that costs about .001 cents/gallon as the competition.

Now do you really need to go to such great lengths to explain why a gallon of gasoline - which had to be drilled out of the ground, pumped up and shipped in compliance with environmental watchdogs and without being blown up by terrorists, refined, transported again to the distributors, and finally pumped into your car. $4.00 / gallon seems like not that much, right?

The oil in the ground is just like water on the earth's surface... or crack in a junkie's crack pipe... If everybody needs it, and not everybody has it, then somebody's going to somebody's going to be willing to kill for it.