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A young latino mother voices her disgust with the cost of gasoline.
A young latino mother talks about her recent trip from the Northeast south to Virginia and how gasoline prices effected her pocket.
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Consumption of gasoline averaged 9.3 million barrels a day, down 2.1 percent this ...
That is 9.3M X 42 gal. per barrel=390.6M gals of gasoline a day, down 2.1 percent.
Was 9.55M bbls last year. Or 9.55M X 42 gals per barrel=401.1M gals of gasoline per day.
This means we are using 10.5M gals of gasoline less per day this summer so far.
Keep in mind gasoline only makes up less than half of our daily consumption of oil.
also keep in mind only 20 gals. of gasoline come from one barrel of oil.
the other 22 gals produces other products.
Is No. 2 diesel consumption up or down this year? Up 2%.
Summer we always use more fuel. Driving season.
If that could be reduced by 100M gals per day it would be a step in the right direction.
Higher prices should force better MPG and less trips over time.
A major downturn in the economy may force conservation.
What kind of gas mileage are you getting now and are you driving less?
My 4 banger is getting around 32 Hwy. and 24 city. I am driving less.
That is 9.3M X 42 gal. per barrel=390.6M gals of gasoline a day, down 2.1 percent. ... more -
OPEC warns against military conflict with Iran
Abdalla Salem El-Badri, left, the OPEC secretary general, met in April with President Mahmoud Ahmadinejad of Iran. (Morteza Nikoubazl/Reuters)
OPEC warns against military conflict with Iran
By James Kanter Published: July 10, 2008
VIENNA: The head of the Organization of Petroleum Exporting Countries warned Thursday that oil prices would see an "unlimited" increase in the case of a military conflict involving Iran, because the group's members would be unable to make up the lost production.
"We really cannot replace Iran's production - it's not feasible to replace it," Abdalla Salem El-Badri, the OPEC secretary general, said during an interview.
Iran, the second-largest producing country in OPEC, after Saudi Arabia, produces about 4 million barrels of oil a day out of the daily worldwide production of close to 87 million barrels. The country has been locked in a lengthy dispute with Western countries over its nuclear ambitions.
In recent weeks, the price of oil has risen higher on speculation that Israel could be preparing to attack Iranian nuclear facilities. The saber-rattling intensified this week with missile tests by Iran. That has further shaken oil markets because of concerns that any conflict with Iran could disrupt oil shipments from the Gulf region.
"The prices would go unlimited," Badri said during the interview, referring to the effect of a military conflict. "I can't give you a number."
Analysts said the timing of Badri's remarks was noteworthy, given that the idea of an attack on Iran has been around for years. In addition, an attack on Iran would probably not specifically target oil facilities, said Johannes Benigni, managing director of JBC, an oil research and consulting firm in Vienna.
"Perhaps OPEC wants to say to the Americans in particular that there would be an economic price to be paid for an attack on Iran," said Daniel Gros, director of the Center for European Policy Studies in Brussels. "Gulf leaders also know that if a war broke out, the situation of some Gulf states also would become more uncomfortable and could have political difficulties for them domestically," he said, noting that some have their own Shia minorities.
Badri, a former oil executive who has headed the oil industry in Libya and also served as deputy prime minister of that country, called for a peaceful solution. He also suggested that an additional military conflict in the Middle East, besides the ongoing conflict in Iraq, would be severe and long-lasting.
"If something happened there, nobody would be able to solve it," he said.
The United States, Israel and other Western countries say Iran is seeking to develop nuclear weapons, but Iran says the program is only for civilian purpos
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Attorney General Launches Gas Price Inquiry others Should Follow Suit
In Louisville, KY finally the gouging has gone too far. The attorney general formally putting the oil companies and gas prices in the the cross hairs. They will be investigating the WHY factor that most pass by when gas prices fluctuate radically. Go Louisville!!! In Louisville, KY finally the gouging has gone too far. The attorney general formally putting the oil companies and gas prices in the ... more
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A national speed limit of 55 MPH?
An influential Republican senator suggested Thursday that Congress might want to consider reimposing a national speed limit to save gasoline and possibly ease fuel prices.
Sen. John Warner, R-Va., asked Energy Secretary Samuel Bodman to look into what speed limit would provide optimum gasoline efficiency given current technology. He said he wants to know if the administration might support efforts in Congress to require a lower speed limit.
Congress in 1974 set a national 55 mph speed limit because of energy shortages caused by the Arab oil embargo. The speed limit was repealed in 1995 when crude oil dipped to $17 a barrel and gasoline cost $1.10 a gallon.
As motorists headed on trips for this Fourth of July weekend, gasoline averaged $4.10 a gallon nationwide with oil hovering around $145 a barrel.
Warner cited studies that showed the 55 mph speed limit saved 167,000 barrels of oil a day, or 2 percent of the country's highway fuel consumption, while avoiding up to 4,000 traffic deaths a year. An influential Republican senator suggested Thursday that Congress might want to consider reimposing a national speed limit to save ga... more -
Prostitute has sex for gas card
Our economy is in such a state that women are actually having sex in exchange for gasoline. Wow... But since a gallon of gas here where I live (NYC) is creeping up towards $5.00 it is nice to know it is an option. KIDDING but you get my drift. We need more bike lanes! Our economy is in such a state that women are actually having sex in exchange for gasoline. Wow... But since a gallon of gas here wher... more
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Show your patriotism by declaring your independence from Oil on the 4th of July
The bike-minded folks in San Francisco are spearheading an effort to get Congress to approve more transportation funds for bicycling! They have a new campaign: Gas Free Fridays. Starting this Friday, July 4, "declare your independence" from oil!
This campaign is also an important opportunity to call on your representatives in Washington D.C. to encourage them to support bicycling as transportation by approving direct and better federal assistance to our nation's 20 most populous cities, so that cities can continue to establish safe bicycle networks, bike to transit facilities and public bicycle-share programs.
At the website you can find a sample letter to send to your elected representatives.
You can become one of the growing number of Americans doing your part to lessen our nation's overdependence on oil.
Half of all driving trips in our country are under two miles in length and could easily be done on a bicycle. Americans deserve affordable transportation options and there has never been a better time to support bicycling and a greener future.
The bike-minded folks in San Francisco are spearheading an effort to get Congress to approve more transportation funds for bicycling! ... more -
GM, Smaller Cars, and What You Should Know
GM is shifting to smaller cars and hybrid gas-electrics, but what you should know, is that GM had hybrid and small efficient cars long before they reach their current economic problems.
GM is shifting to smaller cars and hybrid gas-electrics, but what you should know, is that GM had hybrid and small efficient cars long... more -
Big Oil Fuels John McCain's Straight Talk Express
Yet another reason why McSame must NOT be elected POTUS.
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Worlds first renewable gasoline
There are many options for fuel sources that are in the works right now.
As gasoline prices hit record highs, scientists and businessmen alike are searching for new, more efficient fuel sources.
There are many options for fuel sources that are in the works right now. ... more -
Big Oil Fuels McCain's Campaign
The Center for Responsive Politics finds that McCain has accepted over $1 MILLION from the oil and gas industry. Many of McCain's top advisers have lobbied for big oil, which is why he now acts in their best interests, opposing environmental legislation and alternative energy plans. And that's exactly why we want everyone to know The REAL McCain. The Center for Responsive Politics finds that McCain has accepted over $1 MILLION from the oil and gas industry. Many of McCain's top ... more
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Only costs Saudi Arabia $10 per barrel
This short video states many interesting factoids, such as:
1. According Mark Williams of Boston University, it only costs Saudi Arabia $10.00 to produce a barrel of oil.
2. When Bush Started, on 01/19/2001 gas was $1.70 per gallon. Now it is over $4 per gallon. This short video states many interesting factoids, such as: ... more -
Allegations of fixing gas prices? Shocking!
Criminal charges were laid against 13 people and 11 companies for allegedly fixing gasoline prices in Quebec.
Note prices are in litres, not US gallons.
1 gallon [US, liquid] = 3.785 411 784 litre.
So the price of a gallon in Canada is roughly $5.00 / gallon.
Criminal charges were laid against 13 people and 11 companies for allegedly fixing gasoline prices in Quebec. ... more -
Southern California drivers head to Mexico for cheaper gas
Well that's smart isn't, save $5 bucks, peak up your stress in Tijuana, then drive back to the US, idle for 2+ hours in the border crossing and support the monopoly PEMEX is. (Only place to get comsumer gasoline in Mexico)
On top of getting really shitty gas with manipulated gas pumps.
Get over it and ride a bike, San Diego has great weather and mostly flat, plus most people down there look like they could give up some pounds. Thank you in&out...
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just great sense, SoCal-ittes.
SAN DIEGO - Some motorists in southern California are willing to drive south to find lower gas prices. A steady line of cars crossing from Tijuana to the United States.
One motorist said, "Some people just come here to Tijuana now to just fill up with gas and go back to San Diego." The price difference between the U.S. and Mexico is dramatic.
California drivers are paying nearly $4 a gallon for regular gas, in Tijuana it's $2.75.
One motorist said. "Because I always load full in California and it's like 35 dollars. And right here in T-J, it's like 30 dollars, so five dollars difference."
The difference is dramatic with Pemex gas stations everywhere selling regular gas more than a dollar lower than the U.S.
The diesel difference is even more.
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Well that's smart isn't, save $5 bucks, peak up your stress in Tijuana, then drive back to the US, idle for 2+ hours in the border cro... more -
Oil rises more than $11 to record high
NEW YORK - Oil prices made their biggest single-day leap ever Friday — clearing $139, dragging the Dow Jones industrials down nearly 400 points and raising the once-unthinkable prospect of $150 oil and even higher gas prices by the Fourth of July.
The meteoric rise of nearly $11 for the day piled atop an increase of almost $5.50 the day before, taking oil futures more than 13 percent higher in just two days, easily a record on the New York Mercantile Exchange.
And those weren't the only stunning numbers of the day: The government also reported the nation's unemployment rate zoomed to 5.5 percent in May, a monthly rise of half a percentage point, the biggest in 22 years.
Oil surged higher after Morgan Stanley analyst Ole Slorer predicted strong demand in Asia and tight supplies in the Western Hemisphere could drive prices to $150 by Independence Day, when millions of Americans take to the roads.
That means no end in sight for spiraling gas prices, already above $4 per gallon in much of the country.
Even longtime market observers were shocked by the magnitude and speed of oil's rally.
"We're into unchartered territory, and somewhat off the map as far as historical precedents are concerned," said Jim Ritterbusch, president of energy consultancy Ritterbusch and Associates in Galena, Ill.
Besides the jump in the unemployment rate, the Labor Department said employers had cut 49,000 jobs in May, the fifth straight month of nationwide losses. Job losses for the year reached 324,000.
The White House said President Bush was considering further plans to help energize the economy, already teetering on the edge of recession and crippled by a tumbling housing market and other factors.
On Wall Street, the Dow plunged 394.64 points, more than 3 percent, to close at 12,209.81, the biggest drop in more than 15 months in both percentage and points terms.
Wall Street had managed to shrug off oil's advance on Thursday but succumbed to extreme anxiety Friday.
The stock market's great concern of late has been whether consumers would curb their spending on non-essentials as they were forced to pay more for gas and other staples.
The previously unthinkable idea of $150 oil, and gasoline that will keep climbing above $4, made it clear to investors that consumers would be forced to be even more conservative than they have been in recent months.
Before Thursday, oil had receded nearly $13 a barrel from its highs, a respite from its nearly record-every-day march. But the end of the week sent it right back up again.
The burst in oil prices also raised the prospect of accelerating inflation by adding to already strained transportation costs — which will send prices higher throughout the economy.
Light, sweet crude for July delivery officially finished the day at $138.54, up $10.75 on the Nymex. But after the settlement, the contract jumped as high as $139.12. Prices hit a previous record of $135.09 a barrel on May 22, and settled Thursday at $127.79.
Traders also zeroed in on remarks by an Israeli Cabinet minister who was quoted as saying his country will attack Iran if it doesn't abandon its nuclear program. Transportation Minister Shaul Mofaz added that Iranian President Mahmoud Ahmadinejad "will disappear before Israel does," the Yediot Ahronot daily reported.
Iran is the second-biggest oil producer in the Organization of Petroleum Exporting Countries, and traders worry that any conflict with Israel could disrupt global supplies.
A further weakening of the dollar also helped send oil prices higher by enticing overseas buyers armed with stronger currencies and others looking for a hedge against the greenback. But it also represented a stampede by bullish traders and optimistic computer models betting that prices still have further to rise... NEW YORK - Oil prices made their biggest single-day leap ever Friday — clearing $139, dragging the Dow Jones industrials down nearly 4... more -
Obama’s plan to reduce foreign oil dependence
As Americans spend $41 million in foreign oil an hour and are left broke at the pump, what plan does Obama have to solve this problem?
Oil is destined to be a heated issue in this upcoming presidential election and Barack Obama’s opposition to the gas tax “holiday” has already been a hot topic. Obama has made it clear that national energy policy needs to be taken in a new direction.
“We send a billion dollars to foreign nations every single day and we are melting the polar ice caps in the bargain,” said Obama. “That has to change.”
Here are some of the key elements of Obama’s energy plan:
Fuel Economy Standards
Doubling fuel economy standards within the next 18 years is a priority to Obama. Research in engines and advanced lightweight materials will help meet this goal. He also wants to assist auto makers in increasing fuel economy standards through loan guarantees and tax credits for domestic auto manufacturers.
“We are going to raise fuel efficiency standards on cars because that is the only way that we can actually lower gas prices over the long-term and I know you need that,” said Obama.
Next Generation Biofuels
Obama’s goal is to have two billion gallons of cellulosic ethanol in use by 2013. He plans to use tax incentives, government contracts and cash prizes to help this industry mature and specifically wants to encourage farmer-owned refineries. He would like renewable fuel standards to increase, such that 60 billion gallons of advanced biofuels are in the fuel supply by 2030.
A National Low Carbon Fuel Standard is a mechanism that Obama plans to use that requires fuel suppliers to decrease carbon emissions from fuels by 10% by 2020 and he specifically wants to encourage non-petroleum fuels to reach this target.
“The only way we are going to seriously reduce the price of gas is if we actually start investing in alternative fuels and we raise fuel standards on cars,” said Obama.
Renewable Energy
By 2025, Obama would like 25% of U.S. electricity to be generated from clean, renewable sources including wind, solar and geothermal with a Renewable Portfolio Standard. Obama calls for $150 billion to be invested over 10 years in clean energy and infrastructure to support it. Investment in a national digital electric grid would allow greater amounts of renewable energy to be utilized and make plug-in hybrids more environmentally sound.
“For the sake of our security, our economy, our jobs and our planet, the age of oil must end in our time,” said Obama. As Americans spend $41 million in foreign oil an hour and are left broke at the pump, what plan does Obama have to solve this problem?... more -
Why, In China, Gas Is $2.49 A Gallon
"China's strong economy and huge appetite for energy have been key drivers in the current $130-per-barrel price of oil. China imports over half of its oil, regards the industry as "strategically vital," controls retail prices and is facing inflation in excess of 8%. The price may seem daunting in the U.S., but it is much more so in China.
Here are China's current oil sector particulars: Domestic production is about 4 million barrels a day, and that figure is rising very slowly. I have found no credible energy expert who expects Chinese production to rise meaningfully above the current range anytime in the foreseeable future.
Current consumption is now about 8 million barrels a day and rising at a rapid 7% annual rate, the highest growth rate in the world. Remember that China is becoming more energy efficient with each passing year--10% real gross domestic product growth, compared with 7% energy use--in line with its historical economic development pattern.
But China has been the primary contributor to the increasing oil demand over the last decade; its demand grows 65% faster than the U.S. and four times faster than India. Over the next decade, I don't foresee much change in oil's share of total energy use in China, compared with coal, natural gas and other forms of energy. Energy source substitution is difficult, expensive and takes time.
So, China is now required to import around 4 million barrels of oil a day just to keep its economy going. China has been a net importer of oil since 1993 and exports essentially no oil. Oil imports are likely to rise about 0.5 million barrels a day each year with a healthy Chinese economy. Using a round number of $100 a barrel, China's annual current oil import bill alone is about $144 billion, up about $72 billion this year alone. It's a big number."
"China's strong economy and huge appetite for energy have been key drivers in the current $130-per-barrel price of oil. China imports ... more -
Cannabis hemp: a viable option to oil dependency
UK Prime Minister Gordon Brown yesterday told millions of families hit by the soaring costs of running a car in the United Kingdom, or running a domestic heating or cooking system in rural regions, that high oil prices were a long-term global issue that could not be tackled by Britain alone, but some disagree.
Chancellor Alistair Darling has once again assured voters he will "take another look" at a proposed 2p fuel price rise which is set to come into being from October 2008, but seriously is 2p enough? Is NOT increasing the price of fuel the bait needed to win back a million (or two) voters? Hardly.
Only a couple of days ago, members of the UK road haulage industry threatened to blockade oil refineries and ports unless the government managed to find a 20p-25p essential user rebate for the transport sector in seven days. An industry which has borne the brunt of the last decade and of Labour rule has decided clearly enough is enough.
Isn't it about time we as a nation looked to break our dependency on the petroleum industry, by investigating the other alternatives? There are a few.
Follow link for full story. UK Prime Minister Gordon Brown yesterday told millions of families hit by the soaring costs of running a car in the United Kingdom, or... more -
Sweden turning sewage into a gasoline substitute
"Taking a road trip? Remember to visit the toilet first. This city is among dozens of municipalities in Sweden with facilities that transform sewage waste into enough biogas to run thousands of cars and buses." "Taking a road trip? Remember to visit the toilet first. This city is among dozens of municipalities in Sweden with facilities that tr... more
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What, me election worry?
I've got a Diebold voting machine at my house. Totally legal. The San Diego County Registrar of Voters gave it to me.
Makes you wonder, who else has these machines? How secure is this? Even, is this legal?
They have numerous seals and safeguards and such. It's also a felony to violate the rules. So, the system seems OK.
Still...If somebody wanted to do something, it doesn't seem that hard.
They swore us to uphold the Constitution. Thought that was implied. Suppose somebody just mouthed the words or crossed finger behind the back? How is the oath even binding?
So, when you're voting this Election Day, don't cry for me. I've got a touchscreen voting machine at my house. It's a party monster. I've got a Diebold voting machine at my house. Totally legal. The San Diego County Registrar of Voters gave it to me. ... more
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