Community Forums

PNWGirl · 02-24-2011, 02:46 PM

Yes, the US and Canada have a massive reserve of shale oil. I knew about that during the 70's embargo. However, back then, it was too expensive to get to and process as foreign oil was so cheap (if memory serves (Ha) I seem to remember that oil prices would need to reash $100 a barrel before it would be worth going after the shale oil. We passed that one a long time ago.

Now, there are much better ways to get at and process shale oil, so why haven't we? Money. The oil companies would have to shave off a few million of their BILLIONS of dollars in profit. Can't have that!!!

Shale oil extraction - Wikipedia, the free encyclopedia

Sheila

RustyJC · 02-24-2011, 03:01 PM

Actually, shale oil is being extracted - more all the time. The fracturing technology is making this cost-effective today. Of course, as you know, our Federal government is currently eyeballing fracturing technology from an environmental standpoint. Try a Google of "shale oil fracturing".

Rusty

Midniteoyl · 02-24-2011, 04:13 PM

So.. who wants US backed governments back??

LOL...

Knew this wasnt gonna be good...

PNWGirl · 02-24-2011, 04:28 PM

Quote:

Originally Posted by RustyJC

Actually, shale oil is being extracted - more all the time. The fracturing technology is making this cost-effective today. Of course, as you know, our Federal government is currently eyeballing fracturing technology from an environmental standpoint. Try a Google of "shale oil fracturing".

Rusty

Very true. Question is; why aren't we doing more and why have no new refinery's been built and why have some even been closed. It's a good way to keep your profits at obscene levels, isn't it?........

Sheila

RustyJC · 02-24-2011, 04:31 PM

7% to 8% profits are obscene? Perhaps you should turn your attention to the banks and drug companies.

Rusty

WeBeGone2 · 02-24-2011, 04:40 PM

Who cares? We have picked this lifestyle and that is what we shall do. Might not cover as much territory and ride the motorcycle more, but you will find me... "on the road again" .

a k · 02-24-2011, 04:41 PM

Thank God for COAL

Superslif · 02-24-2011, 05:19 PM

Diesel here in NE Ohio hit $3.75 this morning. I'm sure it will push $4 very soon. Do I here $5...$6...$7

HoboPals · 02-24-2011, 05:28 PM

Quote:

Originally Posted by Superslif

Diesel here in NE Ohio hit $3.75 this morning. I'm sure it will push $4 very soon. Do I here $5...$6...$7

I think it was in 2008 when I paid 5.05 for diesel. I practically passed out when it went over $100. for my truck. The other day, I was filling up and the limit was $75. Gulp.

Ray,IN · 02-24-2011, 11:20 PM

Gary you did notice my preceding sentence(post 284) right? Within 300 miles of our our house are well over 100 great places to camp and just chill out.
We were traveling throughout the West for 3 months after Hurricane Katrina. Fuel prices were ~$4/gallon then.

Wayne MD · 02-24-2011, 11:52 PM

I get confused, everyone hopes gas rises to 4.00 or more and 100/barrel and then drives up and down streets looking for the cheapest gas to buy in the city. They seem to all land at the cheapest station and never a crowd at the 4.00 priced stations.

CoastieSCPO · 02-25-2011, 10:26 AM

We're going to keep on RVing even if we drive less miles and stay longer at locations. The reason is simple: Time keeps moving on and life gets shorter and shorter and oil prices always fluctuate. In 2008, we planned on our Alaska trip. Gas spiked and we stayed in the lower 48. Gas came down in 2009 and we did the Canada and Alaska trip. It was wonderful.

Each year we get one year older and God forbid, closer to being unable to travel in our recreational vehicle. So, because of the price of gas, we keep delaying doing the things that we want to do, someday we may not be able to do those things. So, my attitude is to go for it; travel while it's possible and the heck with the price of the barrel of oil. You only live once.

Bob

Gary - K7GLD · 02-25-2011, 11:03 AM

The sad fact is, far too many in threads like this continue to reply based upon their assumption that FUEL price ALONE is the deciding factor in their RVing plans - when in fact, radical increases - and the jump from $3 a gallon to $5+ *IS* radical - will inevitably bring with it a LANDSLIDE of related social and standard of living issues of pretty major proportions. This is NOT a "single issue" phenomena!

We're not all that far away from scenes of riots and protests as now being seen overseas - and I'd guarantee you those in economy related protests are NOT spending much time planning their next big RV outing, they're far to busy trying to figure out where their next MEAL is coming from!

Rapidly rising fuel costs, dropping employment and SCORES of economy related issues visible thruout other parts of the world, and all around us in THIS country, are graphic evidence that the current fuel price increases are NOT an isolated event, but rather only the visible tip of a far larger issue seriously changing our short, AND longer term future stability.

Sure - go ahead and RV now, while you can - because this lifestyle may well be going the way of the rest of the vanishing "American Dream"...

How much Rving as we do it here in America do you think is being done in places like Iran, Egypt, Thailand, China, and Africa - to name a few...

And we get closer to THEIR social structure and economy day by day...

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