Try again.

Post #66,426 by Brandioch 12/3/02 12:29:29 PM Reply	Try again. That was a prediction. I predicted that we wouldn't reduce our foreign consumption. And that has been one of the key issues regarding this. No one can say that we're going to cut X barrels from our imports IF we drill here.
Post #66,428 by boxley 12/3/02 12:32:56 PM Reply	supply and demand every barrel of oil pumped here is one less to buy from foreign producers thanx, bill will work for cash and other incentives [link\|http://home.tampabay.rr.com/boxley/resume/Resume.html\|skill set] Opera was the television of the nineteenth century:loud, vulgar and garish with plots that could only be called infantile. "Pendergast"
Post #66,440 by Brandioch 12/3/02 2:56:14 PM Reply	Yes, in an extremely simplistic view. Or it is one barrel to sell.
Post #66,443 by boxley 12/3/02 3:03:50 PM Reply	doesnt really matter does it? supply and demand and the leverage of a further 12% of our oil needs coming from in house is certainly simplistic, that is not a negative reason. I find it interesting that you have a religeous preoccupation against drilling when you seem rather against dogma replacing thought in other areas. thanx, bill will work for cash and other incentives [link\|http://home.tampabay.rr.com/boxley/resume/Resume.html\|skill set] Opera was the television of the nineteenth century:loud, vulgar and garish with plots that could only be called infantile. "Pendergast"
Post #66,457 by Brandioch 12/3/02 5:00:57 PM Reply	Again, you have incorrect assumptions. supply and demand and the leverage of a further 12% of our oil needs coming from in house is certainly simplistic, that is not a negative reason I've highlighted the section that you are wrong on. I find it interesting that you have a religeous preoccupation against drilling when you seem rather against dogma replacing thought in other areas. It isn't religious. All I'm looking for is for someone to say that if we pump X barrels here, we will cut our imports by X barrels. I guess you could call self-reliance a "religion". Well, guilty as charged.
Post #66,463 by boxley 12/3/02 6:21:39 PM Reply	oh is that all as large as prudoe bay is current thinking by geologists that have been there. as for the second part All I'm looking for is for someone to say that if we pump X barrels here, we will cut our imports by X barrels. I say that if we pump X barrels here, we will cut our imports by X barrels. Can we drill now? thanx, bill will work for cash and other incentives [link\|http://home.tampabay.rr.com/boxley/resume/Resume.html\|skill set] Opera was the television of the nineteenth century:loud, vulgar and garish with plots that could only be called infantile. "Pendergast"
Post #66,467 by Brandioch 12/3/02 6:36:49 PM Reply	Sure. After all, if you say we will, then we will.
Post #66,468 by ben_tilly 12/3/02 6:37:35 PM Reply	supply and demand again Increasing the supply pushes the price down which puts less pressure on people to conserve, and therefore increases consumption. Going the other way, decreasing supply leads to price-hikes, second thoughts about SUVs, and corresponding decreases in consumption. So it really isn't as simple as a barrel pumped is a barrel not imported. Cheers, Ben "Career politicians are inherently untrustworthy; if it spends its life buzzing around the outhouse, it\ufffds probably a fly." - [link\|http://www.nationalinterest.org/issues/58/Mead.html\|Walter Mead]
Post #66,540 by Ashton 12/4/02 12:10:10 AM Reply	Thank you.
Post #66,542 by boxley 12/4/02 12:15:43 AM Reply	ok what was the price of gas in 1973 when everyone went to rice rockets and what is the price now How many high paying manufacturing union jobs have we lost in the interval while we went to a "more fries" economy yet the public is still buying SUV's. Doesnt add up. thanx, bill will work for cash and other incentives [link\|http://home.tampabay.rr.com/boxley/resume/Resume.html\|skill set] Opera was the television of the nineteenth century:loud, vulgar and garish with plots that could only be called infantile. "Pendergast"
Post #66,583 by ben_tilly 12/4/02 7:58:37 AM Reply	It does add up Haven't had time to read it yet, but [link\|http://www.wtrg.com/prices.htm\|http://www.wtrg.com/prices.htm] has a discussion of historical gas prices. You will note that, for instance, the graph at [link\|http://www.wtrg.com/oil_graphs/crudeoilprice4797c.gif\|http://www.wtrg.com/...oilprice4797c.gif] shows that, adjusted for inflation, gas prices through the 90's were massively lower than they were in the 1980's. And the 90's are known for much more gas-guzzling cars than the 80's were. Cheers, Ben "Career politicians are inherently untrustworthy; if it spends its life buzzing around the outhouse, it\ufffds probably a fly." - [link\|http://www.nationalinterest.org/issues/58/Mead.html\|Walter Mead]
Post #66,598 by boxley 12/4/02 9:38:22 AM Reply	wages for the common man are massivley lower also wealth transfer from bottom to top, union jobs swapped for walmart jobs etc. think it is about even from personal experience. thanx, bill will work for cash and other incentives [link\|http://home.tampabay.rr.com/boxley/resume/Resume.html\|skill set] Opera was the television of the nineteenth century:loud, vulgar and garish with plots that could only be called infantile. "Pendergast"
Post #66,754 by ben_tilly 12/4/02 7:08:19 PM Reply	Family income remained roughly constant But we did go from 1 family to 2, so average income also declined. However I would like to also note that a disproportionate portion of the gas consumption, etc comes from people who are relatively well off. Wealth transfer is potential consumption redistribution, not reduction. Cheers, Ben "Career politicians are inherently untrustworthy; if it spends its life buzzing around the outhouse, it\ufffds probably a fly." - [link\|http://www.nationalinterest.org/issues/58/Mead.html\|Walter Mead]

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