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Expect the Oil Bubble to Pop at any minute
#61

BIRD33 Wrote:I don't care where the oil comes from.A domestic source of oil does not excite me for the increased production costs you cited.No matter what we say the price is due to our costs the arabs will match our price even though their costs are still 50% below ours.Thats why the drill baby drill crap by the gop was such bullshit and speaks to how smart they think voters are.The only thing that really scares OPEC is our research into alternative fuel that doesnt involve their oil.

BINGO.

You know, if you and me had combined our theories about when oil was going to skyrocket and when it was going to collapse, we could have made millions in the futures market.
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#62

BIRD33 Wrote:The only thing that really scares OPEC is our research into alternative fuel that doesnt involve their oil.

But if some other country comes up with the answer, be it solar power, wind power, ethanol, cold fusion or desiccated kangaroo shit, and they control the source, you're back to square 1.

cLaY Wrote:Knick-Knack Paddy's Whack, suckin' TF's Bone...

BIRD33 Wrote:You know who would be hilarious in a thread with this type of situation going on?Paddy.

BIRD33 Wrote:I was battling with the mods just like everyone else.
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#63

The reason it has to be at $60 or so to turn a profit is because what is involved.

Halliburton came up with this tool around 10 years ago.
http://www.halliburton.com/public/ss/con...H04379.pdf
How long do you think they paid engineers to come up with the specs on this thing? I know their department has about 20 guys working for them. I also know they don't work for 6 bucks an hour. It takes those guys about 5 full working days to turn the tool around when it comes in. It takes alot more man power and money to run that tool rather than just a mud motor. When oil gets to where it is now, more people are going to use mud motors which is fine for land jobs.

My question is how long does it take Halliburton to turn a true profit on this tool?
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#64

Paddy Wrote:But if some other country comes up with the answer, be it solar power, wind power, ethanol, cold fusion or desiccated kangaroo shit, and they control the source, you're back to square 1.

Solar power is a racket too. You have any idea how much it would be to install solar power to a house you are building new?
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#65

Anhil8tor Wrote:Solar power is a racket too. You have any idea how much it would be to install solar power to a house you are building new?

I think what he means is "solar power not in its current form".

Maybe there is a way to harness solar power and make it functional. Right now its not much use beyond powering a battery for a gate or the timer on a deer feeder.
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#66

Anhil8tor Wrote:Solar power is a racket too. You have any idea how much it would be to install solar power to a house you are building new?

Are we only looking at the install costs as a reason not to use it?What about the system paying for itself over time?Wouldnt that make it worth it?

One of the things I sell is rainwater harvesting systems for commerical buildings.Its the same principle.Big up front costs but over time its a no brainer because its pays for itself and then starts saving money every year for the end user.

You are a oil salesman grasping at straws as to why we should still use your product.

See You In Toledo
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#67

Paddy Wrote:But if some other country comes up with the answer, be it solar power, wind power, ethanol, cold fusion or desiccated kangaroo shit, and they control the source, you're back to square 1.

The whole idea behind alternative fuel is looking for cheap versions of it.If some one comes up with something and still charges an outrageous price for it nobody will buy it since we are all set up with gas engines.Alternative fuel must provide an incentive to switch motor types or the inventor makes no profits.

See You In Toledo
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#68

The inventor starts out selling it at an affordable price, everybody gets on board, company takes off, shareholders, Board of Directors, gouging the little guy all over again.

cLaY Wrote:Knick-Knack Paddy's Whack, suckin' TF's Bone...

BIRD33 Wrote:You know who would be hilarious in a thread with this type of situation going on?Paddy.

BIRD33 Wrote:I was battling with the mods just like everyone else.
Reply
#69

Paddy Wrote:The inventor starts out selling it at an affordable price, everybody gets on board, company takes off, shareholders, Board of Directors, gouging the little guy all over again.

It will take almost 100 years to get people off gas engines.By that time the patent runs out.Next question.

See You In Toledo
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#70

Flumper Barflusterbutt Wrote:BINGO.

You know, if you and me had combined our theories about when oil was going to skyrocket and when it was going to collapse, we could have made millions in the futures market.


I never would have predicted it to drop this fast and far.I forgot what its like having a president who isnt in the pocket of OPEC.

See You In Toledo
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#71

BIRD33 Wrote:It will take almost 100 years to get people off gas engines.By that time the patent runs out.Next question.

When does the patent run out on the internal combustion engine?

cLaY Wrote:Knick-Knack Paddy's Whack, suckin' TF's Bone...

BIRD33 Wrote:You know who would be hilarious in a thread with this type of situation going on?Paddy.

BIRD33 Wrote:I was battling with the mods just like everyone else.
Reply
#72

Paddy Wrote:When does the patent run out on the internal combustion engine?

It already has.You only need to tweak a product in a small way to get around a patent.Nobody has thought up a way to power an engine thats as efficient as a combustion type.

If someone does come out with one oil will drop even further.I don't have to tell you this but don't believe a word 8 is saying as far as oil has to be $75 a barrel due to production costs.

See You In Toledo
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#73

BIRD33 Wrote:It already has.You only need to tweak a product in a small way to get around a patent.Nobody has thought up a way to power an engine thats as efficient as a combustion type.

If someone does come out with one oil will drop even further.I don't have to tell you this but don't believe a word 8 is saying as far as oil has to be $75 a barrel due to production costs.

No, they can still squeeze oil out of the old wells that were abandoned 40 years ago in Texas when oil goes over about $40.

$20 to $25 is the tipping point for shutting out producers that are not already in place on big producing wells in the US.
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#74

I have no idea what you are disagreeing with me about.

See You In Toledo
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#75

you have any idea how many things we use are a direct derivative of petroleum products?
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#76

Anhil8tor Wrote:you have any idea how many things we use are a direct derivative of petroleum products?

Yes.I sell plastic pipe.Whats your point?Just because it has a lot of uses doesnt mean that people should be gouged.

See You In Toledo
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#77

BIRD33 Wrote:I have no idea what you are disagreeing with me about.

I wasn't disagreeing with you. i was agreeing with your disagreement with 8ter. I love you.
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#78

8's theory that because materials are used to make a lot of other products means that it should be expensive despite it being cheap to produce is hilarious.I bet its a scary christmas for the for the 8 family.No more gold plated choo choo trains bought off the backs of people that were ripped off this year.

See You In Toledo
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#79

Anhil8tor Wrote:you have any idea how many things we use are a direct derivative of petroleum products?

Vaseline and Molotov cocktails.

cLaY Wrote:Knick-Knack Paddy's Whack, suckin' TF's Bone...

BIRD33 Wrote:You know who would be hilarious in a thread with this type of situation going on?Paddy.

BIRD33 Wrote:I was battling with the mods just like everyone else.
Reply
#80

You can barbecue it, boil it, broil it, bake it, saute it. Dey's uh, shrimp-kabobs, shrimp creole, shrimp gumbo. Pan fried, deep fried, stir-fried. There's pineapple shrimp, lemon shrimp, coconut shrimp, pepper shrimp, shrimp soup, shrimp stew, shrimp salad, shrimp and potatoes, shrimp burger, shrimp sandwich.

cLaY Wrote:Knick-Knack Paddy's Whack, suckin' TF's Bone...

BIRD33 Wrote:You know who would be hilarious in a thread with this type of situation going on?Paddy.

BIRD33 Wrote:I was battling with the mods just like everyone else.
Reply


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