$730,000,000,000

[MMDad (Premo)]

So, who thinks the Pickens Plan will work?

[Larry Gude (Premo)]

Originally Posted by MMDad

So, who thinks the Pickens Plan will work?

...please. He told me today, on my TV, that he'd let me in on it over the coming weeks.

You an insider or sumpin'?

[Larry Gude (Premo)]

...goddamn outrage, you people??? Some of you got over $1,000 in the 'stimulus' farce. It was a $150,000,000,000 scam. Think about it; $730???
The stimulus thing could have been FIVE TIMES as large to equal what we piss away on oil.

Bet you'd been real impressed then, if you're government bought you off for a cool $5 g's or so, huh?

[MMDad (Premo)]

Originally Posted by Larry Gude

...please. He told me today, on my TV, that he'd let me in on it over the coming weeks.

You an insider or sumpin'?

Of course. But I can't tell you. Well I could, but then I'd have to shoot you.


Actually, I heard him on Fox today. He's not just talking, he's doing something. I don't know what his whole plan is, but on the surface he seems to make sense.

I'm hoping that he's proposing that we allow drilling in the OCS and ANWR, but require that the lease $$$ goes into funding alternatives like wind, solar, and nuclear.

It would get us off the Arab teat, as well as eventually getting us most of the way off the oil teat.

You know, something most people haven't been addressing: how do you fly airplanes without oil? Jet engines don't work on alcohol, batteries, solar, nuclear, etc. and the demand is far more than biodiesel will be able to meet.

[MMDad (Premo)]

Originally Posted by Larry Gude

...goddamn outrage, you people???

I'm not outraged at what we are paying today because I have been outraged over what we have paid to people who hate us for the last 50 years. It's just noticeable now because people see it on gas station signs.

[Larry Gude (Premo)]

Originally Posted by MMDad

I'm not outraged at what we are paying today because I have been outraged over what we have paid to people who hate us for the last 50 years. It's just noticeable now because people see it on gas station signs.

...have seen it on signs for ever. It used to be reasonable and it used to mostly go to US companies. It's only been under our dear W that we've gone to an imbalance between what we pump at home and what we import.

THAT'S the issue, foreign dependence.

[Larry Gude (Premo)]

Originally Posted by MMDad

:
You know, something most people haven't been addressing: how do you fly airplanes without oil? Jet engines don't work on alcohol, batteries, solar, nuclear, etc. and the demand is far more than biodiesel will be able to meet.

...guess what? Jet engines work better off of synthetic fuel made from coal.
I don't know the details, but I was reading something about that recently.

We got 500 freaking years of coal. We probably have 1,000 years of oil that no one wants to talk about. And a million years of gas. Why? Because who in the hell would want to spend more money and expand a business just to make less WHEN YOU OWN A MONOPOLY?

[Pete (Premo)]

Free market Conservatives cannot tout the free market only when it suits them can they?

[kwillia (Premo)]

I still cannot grasp why we allow speculation on futures and the speculators that are driving up the futures prices are the very same ones profitting from the future speculations. Why is this legal...

[Pete (Premo)]

Originally Posted by kwillia

I still cannot grasp why we allow speculation on futures and the speculators that are driving up the futures prices are the very same ones profitting from the future speculations. Why is this legal...

Been that way for eons, pork bellies, corn, wheat, soybeans, basically anything.

Of course when it implodes, and it always does, they loose a lot.

I think they should only allow commodity buyers to only buy what they can store. This would cut out Joe Blow who lives in Skokie in a split level on 1/2 acre overlooking Lake Michigan from buying 100,000 barrels of oil and turning around and selling it.