Oil prices climb to $101.11 a barrel...

[Jim Thompson]

http://www.marketwatch.com/news/sto...68525-BA56-4E7E-BD1E-60296DB9E9A2}&siteid=rss

Feb. 26, 2008

...................................................................................................

As the broader market began to regain lost ground, crude prices for
April delivery gained 2.3% to a new high of $101.11 a barrel on the
New York Mercantile Exchange, surpassing crude's last record of
$100.65 hit last week.





...Jim Thompson
--
| James E.Thompson, P.E. |
mens |
| Analog Innovations, Inc. |
et |
| Analog/Mixed-Signal ASICK's and Discrete Systems | manus |
| Phoenix, Arizona Voice480)460-2350 | |
| E-mail Address at Website Fax480)460-2142 | Brass Rat |
| http://www.analog-innovations.com | 1962 |

America: Land of the Freedom Abusers, Because of the Bastards.

 

[David L. Jones]

http://www.marketwatch.com/news/story/story.aspx?guid={40D68525-B...

Feb. 26, 2008

..................................................................................................

As the broader market began to regain lost ground, crude prices for
April delivery gained 2.3% to a new high of $101.11 a barrel on the
New York Mercantile Exchange, surpassing crude's last record of
$100.65 hit last week.

Still massively under-priced.

It wasn't that long ago (around 1998-99) I was working on designing
oil survey gear when the price was around $15 a barrel. Petrol prices
certainly haven't gone up 700% since then... Petrol is still cheaper
than milk and bottled water here in Oz. Funny how it all works huh?

Dave.

 

[gearhead]

Still massively under-priced.

Perhaps so.

It wasn't that long ago (around 1998-99) I was working on designing
oil survey gear when the price was around $15 a barrel. Petrol prices
certainly haven't gone up 700% since then... Petrol is still cheaper
than milk and bottled water here in Oz. Funny how it all works huh?

Dave.

I'm developing a milk-powered car. When petrol gets more expensive
than milk, I'm gonna make millions.

 

[Frithiof Andreas Jensen]

http://www.marketwatch.com/news/sto...68525-BA56-4E7E-BD1E-60296DB9E9A2}&siteid=rss

Feb. 26, 2008

..................................................................................................

As the broader market began to regain lost ground, crude prices for
April delivery gained 2.3% to a new high of $101.11 a barrel on the
New York Mercantile Exchange, surpassing crude's last record of
$100.65 hit last week.





...Jim Thompson

What people *should* be watching is the price of Wheat, Soy Beans e.t.c.
because that is where trouble will come from. In the middle east, India and
Pakistan people are going from being middle class to having to choose
between heating and eating! China has enacted price controls - *ensuring* a
shortage (maybe they will shoot some farmers to get the point across that it
is well to produce at a loss)

PS:
And welcome to the brand new regime of Ressource limited growth replacing
Finance limited growth. South Africa's mines are running below capacity due
to lack of electricity.

 

[James Arthur]

"Jim Thompson" <[email protected]> skrev i en
meddelelse







What people *should* be watching is the price of Wheat, Soy Beans e.t.c.
because that is where trouble will come from. In the middle east, India and
Pakistan people are going from being middle class to having to choose
between heating and eating! China has enacted price controls - *ensuring* a
shortage (maybe they will shoot some farmers to get the point across that it
is well to produce at a loss)

You can thank the biofuel craze for that. Planting for burning drives
up food from supply *and* demand sides, plus all the downstream
products--and in other countries--too.

Unintended consequences:

1. Al Gore sounds alarm
2. biofuel craze
3. farmers grow feedstock for cars instead of people

Results:
4. Human misery increased
a. inflation, locally
b. food becomes unaffordable in Mexico and Haiti
c. people starve

5. Environment not improved
a. replacement food grown, appallingly inefficiently
b. net CO2 emissions increase


Best wishes,
James Arthur

 

[Martin Griffith]

What people *should* be watching is the price of Wheat, Soy Beans e.t.c.
because that is where trouble will come from. In the middle east, India and
Pakistan people are going from being middle class to having to choose
between heating and eating! China has enacted price controls - *ensuring* a
shortage (maybe they will shoot some farmers to get the point across that it
is well to produce at a loss)

PS:
And welcome to the brand new regime of Ressource limited growth replacing
Finance limited growth. South Africa's mines are running below capacity due
to lack of electricity.

This sort of sums it up
http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article3423734.ece

and
http://www.latimes.com/news/opinion/la-ed-food26feb26,0,3838970.story
with links to the UN docs


martin

 

[Jim Thompson]

Still massively under-priced.

Perhaps so.

It wasn't that long ago (around 1998-99) I was working on designing
oil survey gear when the price was around $15 a barrel. Petrol prices
certainly haven't gone up 700% since then... Petrol is still cheaper
than milk and bottled water here in Oz. Funny how it all works huh?

Dave.

I'm developing a milk-powered car. When petrol gets more expensive
than milk, I'm gonna make millions.



Some idiots said they can power a car with water, I tried splitting water
and I got 20% return of what I put in. Shit.... America you're lying to each
other to no end. If you want to know the guy who discovered a solution for
fuel problem then he is me. I just act funny that's all. I know a lot more
than you gave me the credit. Ain't that a HOOT?



...Jim Thompson
--
| James E.Thompson, P.E. | mens |
| Analog Innovations, Inc. | et
|
| Analog/Mixed-Signal ASICK's and Discrete Systems | manus |
| Phoenix, Arizona Voice480)460-2350 | |
| E-mail Address at Website Fax480)460-2142 | Brass Rat |
| http://www.analog-innovations.com | 1962 |

America: Land of the Freedom Abusers, Because of the Bastards.

 

[James Sweet]

Some idiots said they can power a car with water, I tried splitting water
and I got 20% return of what I put in. Shit.... America you're lying to
each
other to no end. If you want to know the guy who discovered a solution
for
fuel problem then he is me. I just act funny that's all. I know a lot
more
than you gave me the credit. Ain't that a HOOT?

It's just another perpetual motion machine scheme. Water powered cars, 100
mpg carburetors, free energy, these scams have been around for hundreds of
years. Every one of them violates well proven laws of science but they
succeed because people want to believe.

 

[James Arthur]

This sort of sums it uphttp://business.timesonline.co.uk/tol/business/industry_sectors/natur...

andhttp://www.latimes.com/news/opinion/la-ed-food26feb26,0,3838970.story

Not fair--Mr. Bush responds wholeheartedly (if ill-advisedly)--with
Congress in tow--to their (Greens in general, and the LA Times in
particular) criticism about not supporting alternative fuels, then
they lambaste him when he does.

That's not helpful. We need less advocacy & more sensible
discussion. But I suppose it's outrage that sells.

Cheers,
James Arthur

 

[Jim Thompson]

Not fair--Mr. Bush responds wholeheartedly (if ill-advisedly)--with
Congress in tow--to their (Greens in general, and the LA Times in
particular) criticism about not supporting alternative fuels, then
they lambaste him when he does.

That's not helpful. We need less advocacy & more sensible
discussion. But I suppose it's outrage that sells.

Cheers,
James Arthur

It is more than fair. I'll tell you why, when it comes to do the right
thing, Bush did everything too late. And when it comes to do the wrong
thing, he did it foolishly and very quickly. I'm sorry, I just can't see
how you're going to succeed in convincing people. Did you see his rating
down to 19% now? What are you smoking?




...Jim Thompson
--
| James E.Thompson, P.E. | mens |
| Analog Innovations, Inc. | et
|
| Analog/Mixed-Signal ASICK's and Discrete Systems | manus |
| Phoenix, Arizona Voice480)460-2350 | |
| E-mail Address at Website Fax480)460-2142 | Brass Rat |
| http://www.analog-innovations.com | 1962 |

America: Land of the Freedom Abusers, Because of the Bastards.

 

[Martin Griffith]

Not fair--Mr. Bush responds wholeheartedly (if ill-advisedly)--with
Congress in tow--to their (Greens in general, and the LA Times in
particular) criticism about not supporting alternative fuels, then
they lambaste him when he does.

That's not helpful. We need less advocacy & more sensible
discussion. But I suppose it's outrage that sells.

Cheers,
James Arthur

I didn't wite them, they are just 2 links that I found while waiting
for the first cup of coffee to boil, this morning. When does the US
wheat harvest start, I think I saw it was about 10 weeks from now?


martin

 

[James Arthur]

It is more than fair.

I mean it's not fair for these same guys to criticize the man for
doing the very thing they demanded he do.

I'll tell you why, when it comes to do the right
thing, Bush did everything too late. And when it comes to do the wrong
thing, he did it foolishly and very quickly.

Mostly no quarrel there, and I agree that biofuel's a bad idea.
Greenies and other conspiracy-types think there's some easy,
suppressed solution. There isn't.

Everyone wants magic, wants it free, and don't bother us with the
details. Government, in the business of pleasing people, is more than
happy to oblige...politicians of both parties *love* to spend money on
their constituents, no matter what the cause.

Cheers,
James Arthur

 

[Jim Thompson]

I mean it's not fair for these same guys to criticize the man for
doing the very thing they demanded he do.


Mostly no quarrel there, and I agree that biofuel's a bad idea.
Greenies and other conspiracy-types think there's some easy,
suppressed solution. There isn't.

Everyone wants magic, wants it free, and don't bother us with the
details. Government, in the business of pleasing people, is more than
happy to oblige...politicians of both parties *love* to spend money on
their constituents, no matter what the cause.

Cheers,
James Arthur

I got the magic to double the MPG, just because I'm funny doesn't mean the
magic doesn't exist. I've been driving a (doubled MPG) Mercedes and
Infiniti for over two years now. I gave one to my gf, and she loves my
technology.



...Jim Thompson
--
| James E.Thompson, P.E. | mens |
| Analog Innovations, Inc. | et
|
| Analog/Mixed-Signal ASICK's and Discrete Systems | manus |
| Phoenix, Arizona Voice480)460-2350 | |
| E-mail Address at Website Fax480)460-2142 | Brass Rat |
| http://www.analog-innovations.com | 1962 |

America: Land of the Freedom Abusers, Because of the Rat Bastards.

 

[James Arthur]

On Feb 27, 12:27 pm, Martin Griffith wrote:

[...]

Not fair--Mr. Bush responds wholeheartedly (if ill-advisedly)--with
Congress in tow--to their (Greens in general, and the LA Times in
particular) criticism about not supporting alternative fuels, then
they lambaste him when he does.

That's not helpful. We need less advocacy & more sensible
discussion. But I suppose it's outrage that sells.

I didn't wite them, they are just 2 links that I found while waiting
for the first cup of coffee to boil, this morning.

No worries--I enjoyed the articles and appreciated the links. I'm
glad to see the public finally wising up to what I saw as a bad idea
(environmentally & economically) from the start.

My frustration was with the LA Times, not with you.

Best wishes,
James Arthur

 

[Simon S Aysdie]

China has enacted price controls - *ensuring* a
shortage (maybe they will shoot some farmers to get
the point across that it is well to produce at a loss)

Paging Bill Sloman. lol

 

[James Arthur]

[...]

Mostly no quarrel there, and I agree that biofuel's a bad idea.
Greenies and other conspiracy-types think there's some easy,
suppressed solution. There isn't.

Everyone wants magic, wants it free, and don't bother us with the
details. Government, in the business of pleasing people, is more than
happy to oblige...politicians of both parties *love* to spend money on
their constituents, no matter what the cause.

I got the magic to double the MPG, just because I'm funny doesn't mean the
magic doesn't exist. I've been driving a (doubled MPG) Mercedes and
Infiniti for over two years now. I gave one to my gf, and she loves my
technology.

...Jim Thompson

Nah, you don't even have the technology to properly imitate Jim.

Cheers,
James Arthur

 

[Simon S Aysdie]

Everyone wants magic, wants it free, and don't bother us with the
details.  Government, in the business of pleasing people, is more than
happy to oblige...politicians of both parties *love* to spend money on
their constituents, no matter what the cause.

What the hell kind of country would this be if you could not steal
from your neighbors legally?

I especially like the last sentence:

"To the intellectual the social device of capitalism
offers a displeasing picture. Why? In his own terms,
here are self-seeking men in quest of personal aggran-
dizement. How? By providing consumers with things they
want or can be induced to want. The same intellectual,
puzzlingly, is not shocked by the workings of hedonist
democracy; here also self-seeking men accomplish their
aggrandizement by promising to other men things they
want or are induced to demand. The difference seems to
lie mainly in that the capitalist delivers the goods."
--Bertrand de Jouvenel,
_Treatment of Capitalism by Intellectuals_

 

[Tim Williams]

Hey "Jim" (Message-ID: <[email protected]>), your sig isn't even lining
up.

Go play with your kindergarten classmates. Well I suppose they don't want
you, huh?

Tim

 

[Martin Griffith]

On Feb 27, 12:27 pm, Martin Griffith wrote:

[...]

This sort of sums it uphttp://business.timesonline.co.uk/tol/business/industry_sectors/natur...

Not fair--Mr. Bush responds wholeheartedly (if ill-advisedly)--with
Congress in tow--to their (Greens in general, and the LA Times in
particular) criticism about not supporting alternative fuels, then
they lambaste him when he does.

That's not helpful. We need less advocacy & more sensible
discussion. But I suppose it's outrage that sells.

I didn't wite them, they are just 2 links that I found while waiting
for the first cup of coffee to boil, this morning.

No worries--I enjoyed the articles and appreciated the links. I'm
glad to see the public finally wising up to what I saw as a bad idea
(environmentally & economically) from the start.

My frustration was with the LA Times, not with you.

Best wishes,
James Arthur

The Times of Londinium (murdock crap)didn't have the UN/FAO links,
which the LAT did, it is so good when a tree paper posts links to the
source on the web.
So i thought it was worth quotifying.

If you want to see a really good paper, try this
http://thesun.co.uk/sol/homepage/news/article846732.ece


martin

 

[James Arthur]

What the hell kind of country would this be if you could not steal
from your neighbors legally?

I especially like the last sentence:

"To the intellectual the social device of capitalism
offers a displeasing picture. Why? In his own terms,
here are self-seeking men in quest of personal aggran-
dizement. How? By providing consumers with things they
want or can be induced to want. The same intellectual,
puzzlingly, is not shocked by the workings of hedonist
democracy; here also self-seeking men accomplish their
aggrandizement by promising to other men things they
want or are induced to demand. The difference seems to
lie mainly in that the capitalist delivers the goods."
--Bertrand de Jouvenel,
_Treatment of Capitalism by Intellectuals_

http://silentpc.org/university/bastiat.php

"Government is the great fiction through which everybody endeavors to
live at the expense of everybody else." - Claude F. Bastiat
(1801-1850)

Cheers,
James Arthur