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Oil prices climb to $101.11 a barrel...

Discussion in 'Electronic Repair' started by Jim Thompson, Feb 27, 2008.

  1. Jim Thompson

    Jim Thompson Guest

    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 Voice:(480)460-2350 | |
    | E-mail Address at Website Fax:(480)460-2142 | Brass Rat |
    | http://www.analog-innovations.com | 1962 |

    America: Land of the Freedom Abusers, Because of the Bastards.
     
  2. 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.
     
  3. gearhead

    gearhead Guest

    Perhaps so.
    I'm developing a milk-powered car. When petrol gets more expensive
    than milk, I'm gonna make millions.
     
  4. 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.
     
  5. James Arthur

    James Arthur Guest

    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
     
  6. 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
     
  7. Jim Thompson

    Jim Thompson Guest

    Perhaps so.
    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 Voice:(480)460-2350 | |
    | E-mail Address at Website Fax:(480)460-2142 | Brass Rat |
    | http://www.analog-innovations.com | 1962 |

    America: Land of the Freedom Abusers, Because of the Bastards.
     
  8. James Sweet

    James Sweet Guest


    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.
     
  9. James Arthur

    James Arthur Guest

    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
     
  10. Jim Thompson

    Jim Thompson Guest



    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 Voice:(480)460-2350 | |
    | E-mail Address at Website Fax:(480)460-2142 | Brass Rat |
    | http://www.analog-innovations.com | 1962 |

    America: Land of the Freedom Abusers, Because of the Bastards.
     
  11. 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
     
  12. James Arthur

    James Arthur Guest

    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
     
  13. Jim Thompson

    Jim Thompson Guest

    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 Voice:(480)460-2350 | |
    | E-mail Address at Website Fax:(480)460-2142 | Brass Rat |
    | http://www.analog-innovations.com | 1962 |

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

    James Arthur Guest

    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
     
  15. Paging Bill Sloman. lol
     
  16. James Arthur

    James Arthur Guest

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

    Cheers,
    James Arthur
     
  17. 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_
     
  18. Tim Williams

    Tim Williams Guest

    Hey "Jim" (Message-ID: <fq4hfb$7f6$>), your sig isn't even lining
    up.

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

    Tim
     
  19. 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
     
  20. James Arthur

    James Arthur Guest

    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
     
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