Go Back   iRV2 Forums > iRV2.com COMMUNITY FORUMS > Just Conversation
Click Here to Login
Join iRV2 Today

Mission Statement: Supporting thoughtful exchange of knowledge, values and experience among RV enthusiasts.
Reply
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on iRV2
 
Thread Tools Search this Thread Display Modes
 
Old 04-08-2009, 10:33 AM   #43
Senior Member
 
read & learn's Avatar
 
Newmar Owners Club
Join Date: Sep 2006
Location: Edgewater, NJ-Now touring the USA
Posts: 955
In reply to hamguy. When I first started this thread it was to get our family of iRV2 members to open their eyes and minds as to what is happening with the problems we are having with fuel not just OIL.
I read many post on the iRV2 site and sometimes don't understand how little knowledge we have as to what is going on with the people who should watching over these problems.
Yes, we did elect them, but to blame THIS administration goes a little far. They can not undo what the past administrations have done in the past 30-40 years in 3-4 months.
32 years ago California put a ban on Nuclear Power Plants. The reason they wanted an anwser from the Federal Government where were they going to store the spent nuclear fuel rods. Guess what no anwser yet. Yes there are storage areas but only for the plants that were on line over 30 years ago.
Now back to my WHY question, again it is to get members of our iRV2 family to think about your post, which again I happen to agree with in the most part, but was trying to get more input.
Why so many law suits, I know many reasons people file law suits and you would be surprise how many do it for a quick paycheck to get them to go away. Others who are just against everything-pollution-they imagine large oil spills-the number of fire at Refineries etc.
Now why so little legal problems with the Ethanol. It was sold to the public as it is good for the environment.
I could anwser a lot of these questions, but in MHO my anwser may not be the anwser. Again the propose of this thread is to get a lot more input which we are getting.
__________________

__________________
2005 KSDP 3910-----2007 Jeep Liberty

THE MIND IS LIKE A PARACHUTE, IT MUST BE OPEN TO WORK
read & learn is offline   Reply With Quote
Join the #1 RV Forum Today - It's Totally Free!

iRV2.com RV Community - Are you about to start a new improvement on your RV or need some help with some maintenance? Do you need advice on what products to buy? Or maybe you can give others some advice? No matter where you fit in you'll find that iRV2 is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with other RV owners, see fewer ads, upload photographs, create an RV blog, send private messages and so much, much more!

Old 04-08-2009, 01:16 PM   #44
Senior Member
 
hamguy's Avatar
 
Workhorse Chassis Owner
Join Date: Nov 2003
Location: Mesa, AZ USA
Posts: 1,806
The quick response to all the lawsuits is to bring nuisance to their perceived enemies. You can file an action against a refinery company alleging some claim. It probably costs <$200. But the company must respond and show why it should not be awarded on the claims alone. Resoponding to these suits take hours to analyse each claim and form a response which would force it to a trial.

Cost to bring...$200
Cost to respond...probably $5000. We have a system of civil suits in the US where each party pays his costs. Even if the action is vacated as frivilous, it still costs the refiner company $5K+ for each one. Now, they cannot continue progress until the matter is settled because the plaintiff gets a OSC (Order to Show Cause) or injunction stopping any progress. They are rarely if ever punished for nuisance but they should be.

Now, multiply this one situation by 12 or 100 and you see why. I could bring an action against you for some wacko reason and likely get away with it. Any good lawyer can write a complaint which has basic credibility.
__________________

__________________
Wretched excess is just barely enough.

2002 Itasca Suncruiser - WH Chassis - 35U - 2006 Jeep Liberty
hamguy is offline   Reply With Quote
Old 04-14-2009, 09:22 AM   #45
Senior Member
 
read & learn's Avatar
 
Newmar Owners Club
Join Date: Sep 2006
Location: Edgewater, NJ-Now touring the USA
Posts: 955
Looks like I am wrong and I am happy.
A report came out today that said it looks like gas prices will stay low this summer, if that's right, I will really be happy that I was wrong.
__________________
2005 KSDP 3910-----2007 Jeep Liberty

THE MIND IS LIKE A PARACHUTE, IT MUST BE OPEN TO WORK
read & learn is offline   Reply With Quote
Old 04-14-2009, 09:32 AM   #46
Senior Member
 
Lindsay Richards's Avatar
 
Join Date: Dec 2007
Location: Tavares, FL
Posts: 1,644
Don't believe that report. We are getting ready for our annual 3 month trip and the gas prices always go up just before we leave. Sorry to mess it up for the rest of you.
__________________
http://www.linandnancy.com
Lindsay Richards is offline   Reply With Quote
Old 04-14-2009, 09:42 AM   #47
Moderator Emeritus
 
RustyJC's Avatar


 
Texas Boomers Club
Join Date: Jul 2000
Location: Cypress, Texas USA
Posts: 8,854
Quote:
Originally Posted by R1Kirby View Post
Okay lets look at what happened. Just before elections the price of gasoline drop to $1.50 per gallon in some areas. The price of oil per barral did not fall very much.


A faulty premise generally results in a faulty conclusion.

Rusty
__________________
2016 Ram Longhorn 3500 Dually 4x4 CCLB, 385/900 Cummins, Aisin AS69RC, 4.10
2014.5 DRV Mobile Suites 38RSSA #6972
Come join us on a TEXAS BOOMERS rally!
RustyJC is offline   Reply With Quote
Old 04-14-2009, 10:40 AM   #48
Senior Member
 
cb5300's Avatar
 
Monaco Owners Club
Appalachian Campers
Join Date: Nov 2007
Posts: 1,167
Quote:
Originally Posted by Lindsay Richards View Post
When you see a politician saying they are going to make us free of foreign suppliers and votes to close off our own oil and natural gas fields, they are either a liar or an idiot.
Or maybe BOTH!!!!
__________________
Charles and Martha*2008 Monaco Signature
FMCA #F388752*GoodSam Life Member
2007 Ford Explorer - Toad
cb5300 is offline   Reply With Quote
Old 04-14-2009, 07:57 PM   #49
Senior Member
 
R1Kirby's Avatar
 
Join Date: Nov 2008
Location: Sioux Falls, South Dakota
Posts: 231
My case in point....Today CBS New reported thet the price of gasoline is up to nearly $2.00 per gallon. The prise per barrel is down. What does that tell you?????
__________________
Want to know what we're up to? Check out our website at My Trip Journal http://mytripjournal.com/11246
R1Kirby is offline   Reply With Quote
Old 04-14-2009, 08:24 PM   #50
Senior Member
 
Lindsay Richards's Avatar
 
Join Date: Dec 2007
Location: Tavares, FL
Posts: 1,644
You can not expect the price of oil and fuel to track on a hourly or daily basis or probably not even a weekly basis. The price of oil several months ago was about $35/bbbl. It got up to $53 and today is at $49. The price of oil went up and the price of fuel went up. The controlling factor of oil is supply and demand. A lot of contracts months in advance are also in play. OPEC reduced the world supply by 5.5 million bls a day out of a falling demand that used to be prerecession of 85 million bls a day. The price of gasoline is determined by the competition between the US suppliers. It is very easy to see a big conspiracy in all this, but we rely n the free market here in the US and it works in fuel just like in everything else. The foreign oil suppliers are a cartel which sets production levels to control supply and therefore price. Fortunately for us, they are now a fractured group and they can not begin to control their member’s production. Many of the OPEC countries have no other real source of income, surging populations of poor and very militant inhabitants who now see how the rest of the world lives and they want their TV’s and cell phones. The income they make from oil is critical and they find it hard to reduce production levels to increase prices. They want the other guy to do it.
__________________
http://www.linandnancy.com
Lindsay Richards is offline   Reply With Quote
Old 04-15-2009, 07:38 AM   #51
Moderator Emeritus
 
RustyJC's Avatar


 
Texas Boomers Club
Join Date: Jul 2000
Location: Cypress, Texas USA
Posts: 8,854
If anyone wants to see the energy trading markets at work, take a look HERE.

Rusty
__________________
2016 Ram Longhorn 3500 Dually 4x4 CCLB, 385/900 Cummins, Aisin AS69RC, 4.10
2014.5 DRV Mobile Suites 38RSSA #6972
Come join us on a TEXAS BOOMERS rally!
RustyJC is offline   Reply With Quote
Old 04-15-2009, 10:42 PM   #52
Senior Member
 
Ray,IN's Avatar
 
Join Date: Aug 2001
Location: North America somewhere
Posts: 13,712
Did anyone else see the report on TV about all the oil drilling rigs going into storage, workers laid-off,exploration stopping? It said this was because of low fuel prices vs refinery operation costs. Looking back__, record profits by oil companies last year.
Now I'm completely lost, not a clue to what's happening.
__________________
2000 Winnebago Ultimate Freedom USQ40JD, ISC 8.3 Cummins 350, Spartan MM Chassis. USA 1SG, retired;PPA,Good Sam Life member,FMCA."We the people are the rightful masters of both the Congress and the Courts - not to overthrow the Constitution but to overthrow men who pervert the Constitution. "Abraham Lincoln"
Ray,IN is offline   Reply With Quote
Old 04-16-2009, 06:54 AM   #53
Senior Member
 
Lindsay Richards's Avatar
 
Join Date: Dec 2007
Location: Tavares, FL
Posts: 1,644
Record profits is a relative term. Back in the 1960‘s there were about 30 oil companies. Today there are 5. They went thru a huge period of mergers due to government problems. Exxon our largest oil company is number 14 in the world. There are two ways to report profit. Total dollars and percentage of sales. Investors and businesses report it as percentage of sales as this is what is important and indicates the health of the business. News people and sensationalist report whichever one satisfies their agenda. The remaining 5 oil companies had profits of 9.3% up from their traditional average of 7% which is about 2% below the national average for all companies of 9%. If you look at their stock prices, you can see that the knowledgeable investor does not see them as a great growth stock. Exxon has 180,000,000 American stockholders including just about everybody who has a company or public pension, IRA, 401k which includes almost al police, fire, nurses, teachers, and I would imagine RV’ers. The executives of oil companies own about 1 % o outstanding stock, a small percentage.
Congress had made it just about imposable for oil company to look for more oil even though the American people want us get out own instead of buying from the people who hate us. The price of oil is down due to the recession and huge drop in demand. When this if over, expect huge increases in pricing. Politicians always have to have a bogyman to blame to defect blame from themselves. The problem isn’t free enterprise, it is regulation and stupid moves by politicians. If given a free hand, (with sensible regulations), there would have been no oil crisis and we would not be spending the $700 billion a year in foreign purchases for something we are loaded with right here. Next time Katie Kuric rails on about the big bad oil companies realize that she is protecting the liberal politicians who are deliberately reducing the oil we produce in the name of global warming and what she says, is related to her agency instead “the rest of the story“..
__________________
http://www.linandnancy.com
Lindsay Richards is offline   Reply With Quote
Old 04-16-2009, 07:33 AM   #54
Moderator Emeritus
 
RustyJC's Avatar


 
Texas Boomers Club
Join Date: Jul 2000
Location: Cypress, Texas USA
Posts: 8,854
It's a basic law of supply and demand - as the price of a commodity drops, the incentive to produce it drops as well. The following article was in this morning's Houston Chronicle:

Quote:
ENERGY

Oil and gas drilling in U.S. sinks to a 5-year low

By KRISTEN HAYS Copyright 2009 Houston Chronicle

April 15, 2009, 11:53PM





U.S. oil and natural gas drilling activity dropped to 2004 levels in the first quarter, the American Petroleum Institute said Wednesday.


The U.S. rig count has been declining from last fall’s high of 2,031 rigs and is now less than half that at 1,005, according to the most recent report by Houston-based oil field services company Baker Hughes. Of those, 790 are natural gas rigs.
Balance of article HERE.

Rusty
__________________
2016 Ram Longhorn 3500 Dually 4x4 CCLB, 385/900 Cummins, Aisin AS69RC, 4.10
2014.5 DRV Mobile Suites 38RSSA #6972
Come join us on a TEXAS BOOMERS rally!
RustyJC is offline   Reply With Quote
Old 04-16-2009, 07:44 AM   #55
Senior Member
 
Lindsay Richards's Avatar
 
Join Date: Dec 2007
Location: Tavares, FL
Posts: 1,644
I also think you have to add uncertainty into the supply and demand. A CEO would be stupid to spend a lot of money on exploration in this political climate (pun intended).
__________________
http://www.linandnancy.com
Lindsay Richards is offline   Reply With Quote
Old 04-16-2009, 07:50 AM   #56
Moderator Emeritus
 
RustyJC's Avatar


 
Texas Boomers Club
Join Date: Jul 2000
Location: Cypress, Texas USA
Posts: 8,854
Perhaps, but the rig count/oil price correlation (historically a lagging relationship - rig count lags changes in oil price by 3-6 months) is nothing new. See graph below.

Rusty
Attached Images
 
__________________

__________________
2016 Ram Longhorn 3500 Dually 4x4 CCLB, 385/900 Cummins, Aisin AS69RC, 4.10
2014.5 DRV Mobile Suites 38RSSA #6972
Come join us on a TEXAS BOOMERS rally!
RustyJC is offline   Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Summer Ready Basement A/C Pubtym Winnebago Industries Owner's Forum 16 07-26-2010 03:28 PM
Starting problem starduster Freightliner Motorhome Chassis Forum 5 07-27-2008 07:19 AM
"Summer Ready" Basement A/C Pubtym Winnebago Industries Owner's Forum 7 06-30-2007 09:43 AM
Wow, is everyone ready for winter! Vette Racer Oklahoma Boomers 6 12-15-2006 07:42 AM
Starting my own repair business robertsonthego Travel Trailer Discussion 11 07-31-2005 06:29 PM

» Virginia Campgrounds

Reviews provided by


Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -6. The time now is 10:27 AM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.