The Model Hangar Diecast Forum

Go Back   The Model Hangar Diecast Forum > Related Subjects > General Discussion > The Pub
Oil Prices why do we take it ?????  Thread Rating: 0 votes,  average.
Off-topic discussion. Anything and everything outside of our beloved hobby. Just keep it clean and friendly.
Click here to make a donation to support The Model Hangar.
Select Forum
  MARK ALL FORUMS READ
Not a member yet?

Reply
 
LinkBack Thread Tools Search this Thread Display Modes
Old 05-22-2008, 08:07 PM   # 11 Quick Link (permalink)
Super Moderator

STARMAN 352ND is offline Offline
Photos: 9
Referrals:
Join Date: Aug 2006
 

Re: Oil Prices why do we take it ?????

Hey you know what...Lets not forget we helped Saudi Arabia in Desert Storm1 when Saddam was trying to take over Kuwait and if we had not helped... he would of tried to move into Saudi Arabia....So i think they can cut some slack if they wanted too....
 

George Preddy was......Just the greatest fighter pilot who ever squinted through a gunsight.
He was a complete fighter pilot.......Colonel John C. Meyer Deputy Commander of the 352nd.

Reply With Quote
Sponsored links
Old 05-22-2008, 08:11 PM   # 12 Quick Link (permalink)
Forum Contributor
Meritorious Service Medal

trex0770 is offline Offline
Photos: 99
Referrals:
Join Date: Dec 2006
Location:
Surf City, U.S.A.
 

Re: Oil Prices why do we take it ?????

Hey you know what...Lets not forget we helped Saudi Arabia in Desert Storm1 when Saddam was trying to take over Kuwait and if we had not helped... he would of tried to move into Saudi Arabia....So i think they can cut some slack if they wanted too....

One word JP.....ingrates!

These countries don't remember this nor do they appreciate what we and our allies did for them in '91. That's ancient history to that part of the world. It's all focused on our "invasion" of their sacred lands nowadays whether true or not. The average Saudi is probably more on the side of hating us then liking us and the Kingdom funds Wahhabism all over the Eastern hemisphere to foster this thinking. The Kuwaitis, Saudis, Bahrainis, etc., who all benefited from our intervention don't feel indebted enough to cut us that slack.
 

Check the Ebay Listings forum for the latest diecast model listings on eBay.

Click here to make a donation to support The Model Hangar.

Reply With Quote
Old 05-22-2008, 08:23 PM   # 13 Quick Link (permalink)
Forum Contributor
Meritorious Service Medal

RockJock is offline Offline
Photos: 78
Referrals:
Join Date: Apr 2007
 

Re: Oil Prices why do we take it ?????

Three and a half acres of corn turned into Ethanol would run my two gas guzzlers for a year.
I just need to learn how to turn that Three and a half acres of corn to Ethanol then I'd be set!
Anyone know how to make a Still?
 

Check the Ebay Listings forum for the latest diecast model listings on eBay.

Click here to make a donation to support The Model Hangar.

Reply With Quote
Old 05-22-2008, 08:27 PM   # 14 Quick Link (permalink)
 kwiky's Avatar
kwiky
Member

kwiky is offline Offline
Photos: 0
Referrals:
Join Date: Jan 2008
Location:
Newcastle UK
 

Re: Oil Prices why do we take it ?????

maybe this will cheers you all up:


"The sort of people who complain about oil being $60 per barrel are often the sort who buy bottled water without a second thought.
For example. if you buy water by the case from Staples, you pay $6.59 for 24 half liter bottles, and folks will talk about what a great deal they got. But, there are just over 318 of those bottles in a 42 gallon barrel, which puts bottled water at $87.35 per barrel. The retail price would, of course, be much higher.
I posted about the absurdities of this a few days ago and linked to a post fromChase Me Ladies, I'm In the Cavalry that noted that HP Inkjet ink would cost just under $500,000.
I've got that beat.
Frequent commenter dearieme suggested I look into the cost of semen from bulls and stallions. I asked my vet about this, as well as Brian Gongol - who directed me to a number of sites like this one where bull semen can be purchased.
The standard unit of this is the straw. The cheapest straws run for around $12, good ones are in the $25-40 range, and they apparently run up to $200.
A straw is half a mililiter. A teaspoon is 5 mililters, and a (fluid) ounce is a bit less than 30. So, 60 or so straws to a (fluid) ounce makes even the cheapest bull semes more expensive than gold. There's probably a reason for that ... but I don't wanna' know.
Anyway, this site does conversions between units, and says that a barrel has 158,987 mililiters is it.
That puts the price of a barrel of bull semen at some $3,800,000 for the cheap stuff, $8-12 million for the good stuff, and just under $ 65 million for the cream of the crop."

yep thats right oil is cheap, be thankful your car doesnt run on bull sperm

 

Check the Ebay Listings forum for the latest diecast model listings on eBay.

Click here to make a donation to support The Model Hangar.

Reply With Quote
Old 05-22-2008, 08:36 PM   # 15 Quick Link (permalink)
Forum Contributor
Meritorious Service Medal

trex0770 is offline Offline
Photos: 99
Referrals:
Join Date: Dec 2006
Location:
Surf City, U.S.A.
 

Re: Oil Prices why do we take it ?????

Three and a half acres of corn turned into Ethanol would run my two gas guzzlers for a year.
I just need to learn how to turn that Three and a half acres of corn to Ethanol then I'd be set!
Anyone know how to make a Still?

Roger, like I said before. You are truly in the catbird seat!
 

Check the Ebay Listings forum for the latest diecast model listings on eBay.

Click here to make a donation to support The Model Hangar.

Reply With Quote
Old 05-22-2008, 08:41 PM   # 16 Quick Link (permalink)
Forum Contributor
Meritorious Service Medal

trex0770 is offline Offline
Photos: 99
Referrals:
Join Date: Dec 2006
Location:
Surf City, U.S.A.
 

Re: Oil Prices why do we take it ?????

maybe this will cheers you all up:


"The sort of people who complain about oil being $60 per barrel are often the sort who buy bottled water without a second thought.
For example. if you buy water by the case from Staples, you pay $6.59 for 24 half liter bottles, and folks will talk about what a great deal they got. But, there are just over 318 of those bottles in a 42 gallon barrel, which puts bottled water at $87.35 per barrel. The retail price would, of course, be much higher.
I posted about the absurdities of this a few days ago and linked to a post fromChase Me Ladies, I'm In the Cavalry that noted that HP Inkjet ink would cost just under $500,000.
I've got that beat.
Frequent commenter dearieme suggested I look into the cost of semen from bulls and stallions. I asked my vet about this, as well as Brian Gongol - who directed me to a number of sites like this one where bull semen can be purchased.
The standard unit of this is the straw. The cheapest straws run for around $12, good ones are in the $25-40 range, and they apparently run up to $200.
A straw is half a mililiter. A teaspoon is 5 mililters, and a (fluid) ounce is a bit less than 30. So, 60 or so straws to a (fluid) ounce makes even the cheapest bull semes more expensive than gold. There's probably a reason for that ... but I don't wanna' know.
Anyway, this site does conversions between units, and says that a barrel has 158,987 mililiters is it.
That puts the price of a barrel of bull semen at some $3,800,000 for the cheap stuff, $8-12 million for the good stuff, and just under $ 65 million for the cream of the crop."

yep thats right oil is cheap, be thankful your car doesnt run on bull sperm


You're right Kwiky about oil being cheap......if it were taken in a vacuum. The problem is that that price per barrel also affects everything else, like our diecast price increases for example. Right now airlines, shipping, trucking.....absolutely everything is directly affected by the price of oil.
 

Check the Ebay Listings forum for the latest diecast model listings on eBay.

Click here to make a donation to support The Model Hangar.

Reply With Quote
Old 05-22-2008, 08:42 PM   # 17 Quick Link (permalink)
Member

gbeck is offline Offline
Photos: 78
Referrals:
Join Date: Feb 2007
Location:
Weatherford, TX 76085
 

Cool Re: Oil Prices why do we take it ?????

Gentleman,

I am reasonable sure none of you who have posted so far were around in the 50's as I was. In our Nation where almost anything can be resolved, many thought that gas was to high to purchase then as well. There were two men at that time that produced functioning carburators that would allow the big engine autos of the time to get 45 to 50 MPG. They were tested and found to be very efficient with no decrease in the operational function the car. One of the men was approached by GULF Oil Corporation, and his invention and all rights were purchased for 1 Million Bucks. The other man was approached by CONOCO, who purchased all rights of his invention for 1.25 Million. WE have much greater technology today than in the 50's, and there are those out there with the knowledge to do the same thing again, if they have not already. The sad truth is, the oil companies do not want to decrease gas consumption, those "Poor Ole CEO's" would starve to death on a bonus of only 25 to 50 Million Dollars a year!
P.S., the Saudis could not afford there Mercedes made out of pure Silver. or the one auto that was covered with 4.6 Million dollars worth of Diamonds if they were to cut their cost.

GBeck
 

Check the Ebay Listings forum for the latest diecast model listings on eBay.

Click here to make a donation to support The Model Hangar.

Reply With Quote
Old 05-22-2008, 08:48 PM   # 18 Quick Link (permalink)
Member

brunowbe is offline Offline
Photos: 74
Referrals:
Join Date: Feb 2008
Location:
Ohio
 

Re: Oil Prices why do we take it ?????

Want cheaper gas/oil? Then deal with the fall of the dollar. Gas would be well under $3 a gallon if the dollar was at parity with the Euro. Because of the weak dollar we are paying a 50-60% premimum for gas.

BTW there is a school of thought that says the Saudis refuse to increase production because they can't- they are tapped out. Much discussion on this in the papers.

Thank the fall of the dollar on Nancy Pelosi and the raising of the minimum wage. That killed us because the rest of our salaries or pay didn't go up according. More dollars in circulation = inflation. Both the Republicans and Democrats need replaced. I would be happy to cast a vote of no confidence in our government. Have a great day and smile, it's only going to get worse.
 

Check the Ebay Listings forum for the latest diecast model listings on eBay.

Click here to make a donation to support The Model Hangar.

Reply With Quote
Old 05-22-2008, 09:22 PM   # 19 Quick Link (permalink)
Member

1250ships is offline Offline
Photos: 3
Referrals:
Join Date: Sep 2006
Location:
Southern California
 

Re: Oil Prices why do we take it ?????

Thank the fall of the dollar on Nancy Pelosi and the raising of the minimum wage. That killed us because the rest of our salaries or pay didn't go up according. More dollars in circulation = inflation. Both the Republicans and Democrats need replaced. I would be happy to cast a vote of no confidence in our government. Have a great day and smile, it's only going to get worse.

I don't buy that at all. You can trace most of the dollar's fall to the difference in interest rates between the US and the Euro zone. The Fed's constant rate cuts mean you get more money pumped into the economy and a dollar invested in a safe bond makes far less than a Euro invested in one. The Fed has been pouring money into the economy and it is killing the dollar on the world market. This far outweighs any effect on the minimum wage. More wages do not equal more currency in circulation. Wages get paid out of business expenses and businesses can't print money to pay those extra wages.

High minimum wages have other distorting economic effects but you can't blame the low dollar on them.
  Reply With Quote
Old 05-22-2008, 09:47 PM   # 20 Quick Link (permalink)
 parsig9's Avatar
parsig9
Sammel Experte

parsig9 is offline Offline
Photos: 121
Referrals:
Join Date: Aug 2006
Location:
Great Lakes
 

Re: Oil Prices why do we take it ?????


High minimum wages have other distorting economic effects but you can't blame the low dollar on them.



True, like unemployment and higher dropout rates.

Real fast:

Regulation hurts profits and without profits incentives to produce are reduced. No incentives = no solution.

Thumbs down to regulation and price controls.
 

Don't forget the targets are my airfields, Leigh-Mallory, and you're not getting fifty, you're not even getting ten.
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

 

Similar Threads
Thread Thread Starter Forum Replies Last Post
Model Prices. Steve1971 Model Building 11 01-30-2008 04:40 AM
Vendors and Prices Copland Dragon Models 16 05-23-2007 04:04 AM
FM retail prices (way) up? tjwgrr The Franklin Mint 89 05-06-2007 08:21 PM
SaleAre These Good Prices? lenswerks Good Deals 18 12-06-2006 04:06 PM
NEW!!!!! Lower prices.. hworth18 Eagles International 8 10-17-2006 09:41 PM

All times are GMT +1. The time now is 09:41 AM. Powered by vBulletin® Version 3.6.5
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.2.0 Ad Management by RedTyger Hosted by Netfirms Enterprise Three

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67