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  1. #26
    Alleged Michigander ChumpDumper's Avatar
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    Well, OPEC normally sets prices by limiting it's members production, so it is supply and demand. However, I believe you didn't want to admit supply and demand.
    Why wouldn't I?

  2. #27
    Veteran Wild Cobra's Avatar
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    It's your style to find any cause to argue. Just look at you now.

  3. #28
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    "It's your style to find any cause to argue."


  4. #29
    Veteran Wild Cobra's Avatar
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    "It's your style to find any cause to argue."

    True, my style isn't much different since i like to argue too. I normally argue against bias, or the possibility of unturned ideas.

  5. #30
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    Might've been higher were it not for $2 nat gas.
    , meet unfungible slap

    Gasoline Prices Rise As U.S. Refineries Send More Fuel Overseas

    Experts say U.S. retail prices are nudging higher in large part because Gulf Coast refineries are sending more gasoline to other countries.

    "We think there's definitely an impact on gasoline prices, especially coming from the exports to Latin America," said John Galante, an analyst with Energy Security Analysis

    In Mexico, Brazil and other countries to the south, customers are thirsty for U.S. gasoline and diesel fuel, he said. "If there were no pull coming from Latin America, then prices would be really favorable" for U.S. consumers, he said.

    The Energy Information Administration says total U.S. petroleum exports, which consist mostly of gasoline and diesel, are running about 25 percent higher, compared with last year.


    With so much fuel headed elsewhere, the national average price for a gallon of regular gasoline is now $3.69, compared with $3.53 a month ago, according to AAA's Daily Fuel Gauge report. The average price is about 18 cents a gallon more than it was at this time last year.

    http://www.npr.org/2014/04/25/306842...m_campaign=app

    and the summer driving season hasn't started.

    and tell us again how US LNG shipped to Europe and Asia will keep US domestic NG price 1/3 to 1/4 the prices on those continents?

    XL tar delivered to Gulf Coast will go to higher prices overseas while US citizens get pipeline spills dumped on them.


    Last edited by boutons_deux; 04-26-2014 at 06:40 PM.

  6. #31
    I play pretty, no? TeyshaBlue's Avatar
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    That's pretty much fungibility in action. :facepalm

  7. #32
    I play pretty, no? TeyshaBlue's Avatar
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    Exporting nat gas will normalize domestic prices which have been abnormally low. That's actually a good thing as it will spur production and help drive coal plants out of the grid.

  8. #33
    Lab Animal Capt Bringdown's Avatar
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    Thais Lead Drive to Natural-Gas Cars
    http://online.wsj.com/news/articles/...54641299552177

    Why can't this happen here?

  9. #34
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    Thais Lead Drive to Natural-Gas Cars
    http://online.wsj.com/news/articles/...54641299552177

    Why can't this happen here?
    Too disruptive. BigOil doesn't want it, it won't happen.

  10. #35
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    Exporting nat gas will normalize domestic prices which have been abnormally low. That's actually a good thing as it will spur production and help drive coal plants out of the grid.
    holy !

    so if the price of energy (NG) goes up (aka "normalized" upwards of course from its currently over-supplied price) to benefit of the producers who export US national treasure, "That's actually a good thing"

    Something like 40 coal plants are closing due to tougher anti-pollution regulations, which is a bad reason, right?

    but if the price of energy goes up with higher taxes ($s/gallon tax) for infrastructure and to move the country to non-carbon energy, "that's actually a bad thing", right?
    Last edited by boutons_deux; 04-27-2014 at 08:54 AM.

  11. #36
    I play pretty, no? TeyshaBlue's Avatar
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    Yeah. A better nat gas market spurs growth in new elec. plants. This is not a secret. You have to replace the coal plants with something, boutons.

  12. #37
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    the oil and gas will run out sooner or later.

    I want Congress to pass a law banning all export of oi/gas products and/or raising the royalty on resource extraction so taxpayers get a bigger cut.
    Last edited by boutons_deux; 04-27-2014 at 11:02 AM.

  13. #38
    Believe.
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    Thais Lead Drive to Natural-Gas Cars
    http://online.wsj.com/news/articles/...54641299552177

    Why can't this happen here?
    I have been considering getting a nat gas car ofr awhile now. Recently found this and beats the out of going to the gas station.

    http://www.cngnow.com/vehicles/refue...g-at-home.aspx

  14. #39
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  15. #40
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    Inflation Watch: Higher Gasoline Prices Coming

    The U.S. Energy information Administration (EIA) has released its short-term energy outlook, with bad news for Joe Public. The moves might not sound like much on the surface, but this is on top of already higher prices. Then there is the notion that higher energy prices equate to higher inflation.

    The EIA forecast now projects that regular gasoline retail prices will now average $3.61 per gallon during the April to September summer driving season this year. If so, this would be some three cents higher than it was for the same period in 2013 and would be four cents higher than projected in the short-term energy outlook offered up just a month ago.


    EIA’s projected monthly national average regular gasoline retail price falls from $3.72 per gallon in May to $3.51 per gallon in September. EIA expects regular gasoline retail prices to average $3.48 per gallon in 2014 and $3.39 per gallon in 2015. This would compare to an average of $3.51 per gallon in 2013.


    http://247wallst.com/energy-economy/...#ixzz30yQAiMcB

    yeah, domestic oil production booming, gonna be bigger than Saudi Arabia, USA consumers benefiting enormously!



  16. #41
    I play pretty, no? TeyshaBlue's Avatar
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    I guess we can say the US can be energy independent but that energy will never be price independent. OPEC can still pretty much make the price whatever it wants.
    This.

  17. #42
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    "US can be energy independent but that energy will never be price independent. OPEC can still pretty much make the price whatever it wants."

    yep, and same will happen when US starts exporting LNG to Europe and Asia 3x, 4x the US domestic price, which will rise to world levels, ie, 3x the price now.

    The "Drill Here, Drill Now" LIE was always about enriching BigOil, never about national security, energy independence, or lower gas/fuel prices for consumers.

    Just like OPEC, US/UK BigOil will screw US consumers.


  18. #43
    I play pretty, no? TeyshaBlue's Avatar
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    Like I stated upstream, normalization of artificially low nat gas prices is a good thing....spurs production and supports new elec generation plants. This is not a screw job....not that you'll ever be able to grok that.

  19. #44
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    Like I stated upstream, normalization of artificially low nat gas prices is a good thing....spurs production and supports new elec generation plants. This is not a screw job....not that you'll ever be able to grok that.
    As I stated upstream, you support higher prices to enrich BigCarbon, but not higher royalties and higher fuel taxes to support infrastructure and research.

  20. #45
    I play pretty, no? TeyshaBlue's Avatar
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    You would be wrong.....again.

  21. #46

  22. #47
    I cannot grok its fullnes leemajors's Avatar
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    cannot grok its fullness indeed

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