Solution to the oil problem

[UShadItComing]

Nobody said this congress had anything to do with the US congress or that it was sanctioned by the US government.

Rob, I'm truly sorry to hear it's so bad. We can leave this topic if you like because this is just not a laughing matter to a socially good and responsible person like me. I wouldn't wish this sh-t on my worst enemy or even Andy!

 

[BigRob]

Nobody said this congress had anything to do with the US congress or that it was sanctioned by the US government.

Rob, I'm truly sorry to hear it's so bad. We can leave this topic if you like because this is just not a laughing matter to a socially good and responsible person like me. I wouldn't wish this sh-t on my worst enemy or even Andy!

Well, quite frankly it is not so bad, as I have pointed out numerous times now. You first ignore the measuring and methodology of the WHO report, then falsely claim 130,000,000 people do not have insurance, and then claim 30,000,000 people are locked away in prison.

After being pointed out how you are mistaken in every comment you made, you now leave the topic.

 

[UShadItComing]

Rob- The 130 million is your figure but how do you think they arrived at it? Could it be that there are nearly 50 million adults without insurance and then you can add that many more is the children and non-working spouses are included? And how did you arrive at the 130 million figure? 310 million in the land of the gun? Citizens? illegals?

Could it be 130 million with less than adequate healthcare insurance? This 'is' a long way from the crazy claims made by some of the cons that nobody goes without proper healthcare, which of course nobody believes anymore.

 

[BigRob]

Rob- The 130 million is your figure but how do you think they arrived at it? Could it be that there are nearly 50 million adults without insurance and then you can add that many more is the children and non-working spouses are included? And how did you arrive at the 130 million figure? 310 million in the land of the gun? Citizens? illegals?

130,000,000 was my rough estimate of 42% of the population, which was your figure. The Census Bureau estimates that only 45,000,000 or so people are lacking insurance. That is all people, including men, women, children, illegals, etc.

Could it be 130 million with less than adequate healthcare insurance? This 'is' a long way from the crazy claims made by some of the cons that nobody goes without proper healthcare, which of course nobody believes anymore.

I said from the get-go if you want to get in a debate about "adequate" health insurance, then you need to define what it is, not just claim that they do not have it.

And you continue to try to shift the focus away from your bogus claims about the WHO report and the prison issue.

 

[UShadItComing]

Forget the prison issue, it was just a bit of heckling. I shift from the WHO report because I proved my point and disproved yours on that. Or at least you did it for me. Now I'm more interested in this new evidence because I think there has been a coverup since the WHO did the report. I like the new info much better and so I'll spend some time finding out who they are when I get some time.

And btw, how many have you got locked up behind bars in your country. Is it by far the highest per capita of the entire West?

 

[UShadItComing]

I hear your incarceration rate is is 6.2 times that of Canada, 7.8 times that of France, and 12.3 times that of Japan, per capita.

Is that more socialism working in your country which is supposed to be one of the most capitalist countries in the world?

 

[BigRob]

Forget the prison issue, it was just a bit of heckling. I shift from the WHO report because I proved my point and disproved yours on that. Or at least you did it for me. Now I'm more interested in this new evidence because I think there has been a coverup since the WHO did the report. I like the new info much better and so I'll spend some time finding out who they are when I get some time.

And btw, how many have you got locked up behind bars in your country. Is it by far the highest per capita of the entire West?

You proved your point by admitting that exactly what I said was true in regards to the WHO report? What point is that? That you were wrong? I claimed from the start that it was based on what it was, you said I was wrong, I showed you in the report where it said I was right. And all of this serves to prove your point? Interesting.

We do have a large incarceration rate. It is because we actually lock up the people who commit crimes. I think people actually behind bars is something like 3,000,000, but I would need to double check.

 

[Andy]

So your postion is that in spite of knowing the political trends and the dwindling supply and inevitable changeover where stocks right now in alternatives will be affordable vs worth a lot later on..all these things tell you to hold onto your oil stock?

The presupposition of the question is false.

1. Political trends are irrelevant given the fact that the rest of the world uses, and plan to continue to use Oil. Even if America was stupid enough to mandate an end to oil use, Exxon would still make billions since it has oil fields all over the planet, and sells oil world wide. Even without oil fields, many countries ship oil here to be refined, and we ship the refined products back. This income will not decrease from stupid American policies.

2. I don't see a dwindling supply. Those that claim there is a dwindling supply, only look at production numbers. The US government has cut off exploration and drilling for known supplies of oil, thus production numbers have fallen. That doesn't mean the supply has actually gone down. In fact estimations of oil reserves world wide are higher than ever.

3. One problem with the equation is what happens if the oil supply increases and crude oil prices fall? I have detailed in other posts how several alternative energy companies have their entire future hedged on high oil prices. What happens if prices drop? Answer? They fail, and their stocks will be absolutely worthless.

If you are absolutely certain prices will continue to rise, then you should invest accordingly. I am not so certain. All estimates are that China will require more oil in the future. But what many miss, is that China has invested heavily in oil exploration and drilling.

ANWR is open for drilling finely. Gulf of Mexico is gaining support for drilling, especially since China has a rig already there, and we're the ones that found it. Russia plans to increase oil production by another 7-million daily by 2010. Canada is investing in Shale Oil production. Brazil has the largest fleet of oil rig drilling equipment in the world, and is actively working off it's coast. Saudi Arabia are investing in new oil fields as we speak. Even in the US, one guy in Indiana rented a rig, and drilled a well in his back yard. A truck comes by (if I remember) once a month to fill up and ship to Ohio for refining. Another guy working as a short order cook, sold the little rest stop, bought a drilling rig, and struck oil 57 times. He's now CEO of Youngs Oil Company.

So no... I am not at all convinced that Oil is on it's way out. I think it would be far more risky to invest in alternative energies that will undoubtedly fail if prices fall.

Let me guess, if you were born in the late 1800s, you would've been investing heavily in the horse and buggy when Ford announced it's weird and unweildy "motor carraige".

Let me guess, you would have invested in electric cars that came out shortly there after? Last one hundred years show how well that invest would have paid off.

 

[Andy]

I shift from the WHO report because I proved my point and disproved yours on that. Or at least you did it for me. Now I'm more interested in this new evidence because I think there has been a coverup since the WHO did the report. I like the new info much better and so I'll spend some time finding out who they are when I get some time.

You are one of the very few that can have their entire argument completely and utterly obliterated... and then claim victory. I'm rather amused by that.

 

[Andy]

Rob- The 130 million is your figure but how do you think they arrived at it? Could it be that there are nearly 50 million adults without insurance and then you can add that many more is the children and non-working spouses are included?

You are not thinking this through at all are you? First, the population numbers include everyone. 305 million is the current estimated population of the US. If one claims there are 50 Million uninsured people, and that the other 250 million are insured, then where are these mythical spouses and children coming from?

Further, I would highly surprised if 250 million people had insurance, but choose to not cover their spouse and children. It's not even logical on it's face.

Could it be 130 million with less than adequate healthcare insurance? This 'is' a long way from the crazy claims made by some of the cons that nobody goes without proper healthcare, which of course nobody believes anymore.

Define proper? Define adequate? Health insurance is just that, insurance. You decide how much coverage you want, and pay the difference. If I want a two million dollar policy with a zero deductible, it's up to me to pay that premium. Adequate is determined by the buyer.

 

[Sihouette]

Just a reminder for those tuning in.

Nuclear radiation is used to heat water to steam to run steam turbines.

Coal and Oil are used to heat water to steam to run steam turbines.

Geothermal uses neither and uses water already turned to steam in thermal vents and existing hot rock shown in the map below in warmer colors near-surface.

Geothermal has no hazardous mining of uranium, no dicey transport issues of possible accidents/contamination, no threat of terror targets. Geothermal has no coal mine accidents (one of the highest worker death/injury rates of any occupation), no belching smokestacks pumping filth into the atmosphere, no compromise of national security by fostering further dependance on foreign oil..

Geothermal is so friggin availible and just sitting there. Nearby are millions of acres of vacant sun-scorched land just begging for solar farms to join the grid.

And instead of welcoming these vast and clean resources, BigOil is sinking billions of dollars into trying to convince the American public that they are "unreachable" "too expensive (compared to nuclear or coal??)" or "silly" or "far in the future".

What nuclear, coal and oil are is dirty, dangerous and tricky...not to mention way more expensive side-by-side especially with geothermal. The fact that they are tricky makes them easier to keep mysterious and unreachable by competition, thereby preserving BigOil's monopoly. That's why the same talking GOP heads you see droning on and on about how we should drill offshore, are saying we should implement nuclear, this is their gig...Their bid is to keep energy generation tricky and techincal so they can price-fix.

That's their motivation, their bottom line. Anyone can figure out how to utilize geothermal vents. One pipe in pumping water, one pipe out pumping steam into a turbine with wires coming out going to the grid. There will be competition, the prices of energy will come down and we Americans will benefit like no other. BigOil will not benefit. Remeber that always when listening to "experts" who tell you geothermal is not an issue, or completely leave it off their lips, lest you remember it's out there.

Demand to hear more about geothermal.

 

[UShadItComing]

You are not thinking this through at all are you? First, the population numbers include everyone. 305 million is the current estimated population of the US. If one claims there are 50 Million uninsured people, and that the other 250 million are insured, then where are these mythical spouses and children coming from?

No Andy, I'm not thinking this through yet because I just found the site where it said that 42% of Americans don't have healthcare insurance. At this moment I'm only dealing with yours and Rob's screeching. Rob's the one who put up the 130 million figure. I"m just working on digging out some truth to find out how the 42% figure could be true.

Further, I would highly surprised if 250 million people had insurance, but choose to not cover their spouse and children. It's not even logical on it's face.

Well we know that many Americans buy inadequate insurance which won't protect them in the event of some costly medical procedures being required and I would suppose that their insurance coverage is limited in many other ways too. This 42% estimate may have something to do with the fact that if you aren't covered in any eventuality then you can't be considered to be covered. Seems reasonable to me but we'll have to do some more searching on the question. Don't worry, we'll smoke the rats out!

Define proper? Define adequate? Health insurance is just that, insurance. You decide how much coverage you want, and pay the difference. If I want a two million dollar policy with a zero deductible, it's up to me to pay that premium. Adequate is determined by the buyer.

Proper and adequate to me would mean that your insurance covers you for all eventualities, as does mine in Canada.

Rob originally gave me the reason why the WHO placed your country at #37 and then finallly supplied the real reasons which were several, thereby proving he was lying. So that ends that. Now I'm interested in this new informatin because it appears that the WHO didn't dig deep enough into the ratholes to find out just how bad it is in the land of the gun.

We'll continue to work on it together Andy. ;-)

 

[UShadItComing]

You proved your point by admitting that exactly what I said was true in regards to the WHO report? What point is that? That you were wrong? I claimed from the start that it was based on what it was, you said I was wrong, I showed you in the report where it said I was right. And all of this serves to prove your point? Interesting.

We do have a large incarceration rate. It is because we actually lock up the people who commit crimes. I think people actually behind bars is something like 3,000,000, but I would need to double check.

Robbie, Robbie, Robbie, need I go back and find your words for you. You made a claim on what the WHO report was based upon and then you finally produced the facts on what it was based upon, which differed from your previous claim. And now like a true extremist capitalist who believe that capitalism can do no wrong, you blame me for your errors.

Rob why can't you just admit that your country's healthcare system stinks and it needs to be fixed. Everybody is saying that Rob, as I've said right from the beginning. All the pres candidates espoused some solution. All I'm saying Rob is that you need to fix it and you can choose to fix it in any way that will work for you. And if you choose to look to Canada and all the other industrialized nations of the world for a solution then we will be willing to help.

I'm willing myself Rob, right now. Do you want to start learning now?

 

[Sihouette]

Yes, start learning about geothermal...

 

[UShadItComing]

Sihouette, you have good intentions and I'm on board with you but you're wasting your time with Americans. They have been programmed and the crunch is not hitting them hard enough yet. As with seatbelts, motorcycle helmuts, polution control on cars, or any other good social changes, they will eventually come along kicking and screaming only when it effects their own wallets.

My guess is that the US will be in such big trouble in another two years or so that they will be getting on board with you too. But don't think that you're going to get any satisfaction for the changes because they will claim it was their ideas right from the start. Just look at how the right is now taking credit for accepting there is a need for alternative energy when only a few months ago they were claiming that oil would see them through to the end of times.

Some of the real wackos even claimed that god was making it in the ground faster than we are using it up! Why Sihouette, if half of Americans say the earth is only 6000-10,000 years old, god has to be making it now for us cause it couldn't have taken billions of years!