Significant Reduction in Petroleum / Gasoline Prices, HOW?

Discussion in 'Economics' started by limitdown, Apr 3, 2006.

What can you do to make these oil prices reasonable?

Poll closed Apr 21, 2006.
  1. Take economic action?

    12 vote(s)
    28.6%
  2. Take political action?

    3 vote(s)
    7.1%
  3. Do both?

    10 vote(s)
    23.8%
  4. Do nothing?

    17 vote(s)
    40.5%
  1. DrChaos

    DrChaos

    A great, and frightening article:

    http://www.energybulletin.net/15126.html

    A quote:

    I think I remember that prediction, and yes it did happen before Dec 2005.
     
    #71     Apr 22, 2006
  2. bush could drop gas prices tomorrow by 50 cents a gallon. all he has to do is sign an executive order under his emergency powers to roll back the environmental regulations for 2 years. that would allow the us to import gasoline. that is what they did after katrina hit and gas did fall until they reinstated the regulations.
     
    #72     Apr 22, 2006
  3. I knew something like this comment was in the wings, as it were.....
     
    #73     Apr 22, 2006
  4. so many building products, used here and abroad are petroleum based in origin that just eliminating vehicular usage would not dampen the overall global demands curve

    also, think of the PVC revolution in piping compared to the previous generation of metal and composite based piping....

    also, think of your building wraps (Tyvex, etc.), plastic bags and tarps, etc...

    its not just for Americans,

    its for whomever purchases these fabricated products, and those consumers are without borders, as this is global in demand and nature....

    conversion to alternative fuels,
    removal of the prohibition from imported gasoline....

    two immediate solutions, as others mentioned.....

    where's that phone number to my State Senator's hotline?
     
    #74     Apr 22, 2006
  5. until electricity is packaged into its plasma form and transfered to the vehicular sector, then alternative power generation plants (nuclear, wind, solar, water based power generators) will serve to address the demand curve components that use their source of power.

    simply put, until powerful enough and stable enough or inert batteries are made available to consumer automobiles, trucks and transportation fleets, other than just transportation fleets in major cities, then this switch off of petoleum based products will have little effect on the "prices at the pump"

    you can't convert MPG's from Nuclear generation...

    you can't convert solar, wind or water generation into driving patterns, whether to the shopping mall, to the bank, to the job, to school or otherwise...
     
    #75     Apr 22, 2006
  6. gimme a tall one, tender......

    no,

    make that a double....
     
    #76     Apr 22, 2006
  7. DrChaos

    DrChaos

    huh?

    gasoline imports are not banned.

    After Katrina, a fair number of overseas refineries sent their product to the US.
     
    #77     Apr 22, 2006
  8. vhehn


    Registered: Nov 1999
    Posts: 4862


    New Post 04-22-06 12:47 PM

    bush could drop gas prices tomorrow by 50 cents a gallon. all he has to do is sign an executive order under his emergency powers to roll back the environmental regulations for 2 years. that would allow the us to import gasoline. that is what they did after katrina hit and gas did fall until they reinstated the regulations.
     
    #78     Apr 22, 2006
  9. #79     Apr 22, 2006
  10. DrChaos

    DrChaos

    Sorry for double post. A large fraction of petroleum use is burned as transportation.

    I found a 2004 publicatoion from the EIA.

    Transportation use is 13.6 mbpd (million barrels per day),

    all industrial uses (unclear what this means) is 5.1, "residential/commercial" 1.3, and Electric power.

    Later on it says that chemical manufacturing uses of petroleum (including natural gas liquids) are 1.5 mbpd. So that's about 10% of transportation use.

    We ought to save petroleum for chemistry---it is really useful for all sorts of great things.
     
    #80     Apr 22, 2006