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Oil hits $134
22 comments | Read story
noname | 6:43 a.m. May 22, 2008
So Exxon and Chevron can make more profit.
Anonymous | 7:14 a.m. May 22, 2008
Welcome to the world George Bush created.
I Got an Idea | 7:19 a.m. May 22, 2008
GO, GO, GO UTA! I for one am going to totally cut out unnecessary trips to
include vactions. Only going to drive to work and the grocery store (sorry, UTA
can't help me there). Sorry resturaunts, Lagoon, Walmart, mom and pop
stores, lawn care, boy scout trips, camping, and all other businesses. My money
has to support the oil companies. You know, it takes a lot of money to keep
corrupt people corrupt. Your buisnesses will just have to donate and weather
this out so the all important oil companies can take your profits. I am sure
glad you people elected our oil men to office, I don't know what I would do
without them, their very lucrative oil buisness and their wars.
Comments continue below
St. George | 7:25 a.m. May 22, 2008
Huge oil subsidy we pay $8 Billion per month for the Iraq War to keep the Middle
East Oil flowing to the World Market. Our Nation is not the recipient of most
of this oil, but if it were not on the Market we would be paying more than the
$130 per barrel.
For $8 Billion per month or $96 Billion per year we could build clean renewable alternative power plants, enough to generate 50,000 Megawatts, which would power 17.5 Million Homes. Yes, free electricity for 17,500,000 homes.
Take this and do it for 4 years and we can generate 200,000 Megawatts, enough to power 70 Million Homes, or 61% of all the 115.9 Million Homes in the USA, according to the 2000 Census.
Everyone in the USA could cut their home electric bill by 61%, if we spent the OIL SUBSIDY building these plants, think of the jobs and economic stimulus.
NOW YOU CAN HELP MAKE THIS HAPPEN, by asking point blank of anyone seeking your vote --- �Do You Support The Oil Based Economy?�
If their answer is yes, do not vote for that person.
For $8 Billion per month or $96 Billion per year we could build clean renewable alternative power plants, enough to generate 50,000 Megawatts, which would power 17.5 Million Homes. Yes, free electricity for 17,500,000 homes.
Take this and do it for 4 years and we can generate 200,000 Megawatts, enough to power 70 Million Homes, or 61% of all the 115.9 Million Homes in the USA, according to the 2000 Census.
Everyone in the USA could cut their home electric bill by 61%, if we spent the OIL SUBSIDY building these plants, think of the jobs and economic stimulus.
NOW YOU CAN HELP MAKE THIS HAPPEN, by asking point blank of anyone seeking your vote --- �Do You Support The Oil Based Economy?�
If their answer is yes, do not vote for that person.
It's Time | 7:32 a.m. May 22, 2008
We need to start our own drilling and increase our exploration. Why not let the
companies use their profits for that? A major part of the American Dream is
that we have cheap fuel and all the benefits that it provides. Why are we any
better any other country? The sooner we are less dependent on the Middle East
the better off America will be. Everyone knows that, but our lame politicians
are afraid to do anything about it, and don't want to upset the mis-lead
environmentalists.
not just the oil companies | 8:00 a.m. May 22, 2008
Its not just the oil companies to blame, thank the US government for all the
taxes on every step of the process ... drilling, trucking, refining, pumping,
etc., not to mention not allowing any new refineries to be built for over 30
years or relying on US oil production rather than foreign oil sources. It is
the government that has gained exponentially at the cost of the tax-payers.
Of course | 8:06 a.m. May 22, 2008
Of course the price is on the rise.... "they" predicted that the price
of gas per gallon would be $4 or more by summer. If the price jumped from $3 to
$4 Memorial day weekend people might get the idea that "they" are
doing it on purpose and that "they" are trying to make money off
summer vacations. It might anger the public if they knew the "truth"
of it all.
anybody surprised? | 8:17 a.m. May 22, 2008
Bush has ties to oil magnates.
Dick and Lynn Cheney too.
Condolezza Rice has an oil tanker named after her.
CONNECT THE DOTS YOU FOOLS!
Dick and Lynn Cheney too.
Condolezza Rice has an oil tanker named after her.
CONNECT THE DOTS YOU FOOLS!
Unrelated Story | 8:20 a.m. May 22, 2008
"In an unrelated story, Exxon has reported record profits for the umpteenth
consecutive quarter."
But seriously, congress was just reviewing the $160 billion tax break given to oil companies. Currupt politicians and currupt oil execs - go figure. GO BUSH !!
But seriously, congress was just reviewing the $160 billion tax break given to oil companies. Currupt politicians and currupt oil execs - go figure. GO BUSH !!
The problem is the tree huggers | 8:19 a.m. May 22, 2008
Make no mistake. The problem is not the oil companies and it is not George
Bush, it is the democratic environmentalists. There are so many regulations
that the oil companies can't explore and find new sources of oil right here
in the United States. We need to stop worrying about the caribou and polar bear
and start worrying about mankind.
Smart Enough | 8:22 a.m. May 22, 2008
I am tired of the GOP trying to sell us DRILL IN ANWAR.
By cutting 60% of the vehicle usage and 50% of the diesel fuel usage by mandating 60% of autos be electric and building a MagLev train system to transport goods and materials, we would lower the daily consumption by 7.556 Million Barrels Per Day (.60 x 9.16 MBD + .5 x 4.12 MBD), approximately 1/3 of the daily total usage of petroleum.
Additionally, 7.556 MBD is 5.4 times as much as the estimated daily output from ANWAR of only 1.4 MBD. By the way the 10.4 Billion Barrels of oil in ANWAR would only cover the 13.15 Million Barrels of Imported oil for 2.17 years. Why spend all those millions on finding, drilling, building a pipeline, shipping, etc, when those millions can be spent on ending our dependence on oil.
The whole point of this matter is that our Country has run out of oil as a sustainable source of transportation fuel. WE USE MORE THAN WE HAVE AND MUST IMPORT IT FROM PLACES THAT DO NOT LIKE AND THAT OPPOSE OUR COUNTRY.
By cutting 60% of the vehicle usage and 50% of the diesel fuel usage by mandating 60% of autos be electric and building a MagLev train system to transport goods and materials, we would lower the daily consumption by 7.556 Million Barrels Per Day (.60 x 9.16 MBD + .5 x 4.12 MBD), approximately 1/3 of the daily total usage of petroleum.
Additionally, 7.556 MBD is 5.4 times as much as the estimated daily output from ANWAR of only 1.4 MBD. By the way the 10.4 Billion Barrels of oil in ANWAR would only cover the 13.15 Million Barrels of Imported oil for 2.17 years. Why spend all those millions on finding, drilling, building a pipeline, shipping, etc, when those millions can be spent on ending our dependence on oil.
The whole point of this matter is that our Country has run out of oil as a sustainable source of transportation fuel. WE USE MORE THAN WE HAVE AND MUST IMPORT IT FROM PLACES THAT DO NOT LIKE AND THAT OPPOSE OUR COUNTRY.
G | 8:31 a.m. May 22, 2008
Of course the price is on the rise...demand exceeds production.
G | 8:39 a.m. May 22, 2008
"I am tired of the GOP trying to sell us DRILL IN ANWAR. [sic]
By cutting 60% of the vehicle usage and 50% of the diesel fuel usage by mandating 60% of autos be electric and building a MagLev train system to transport goods and materials"
Hey, as soon as somebody invents a practical, affordable electric car I'm sure the market will do that on its own--but then people will complain about the cost of electricity and batteries. And as for maglev systems, they're too expensive. Especially since the government can't even make AMTRAK work.
By cutting 60% of the vehicle usage and 50% of the diesel fuel usage by mandating 60% of autos be electric and building a MagLev train system to transport goods and materials"
Hey, as soon as somebody invents a practical, affordable electric car I'm sure the market will do that on its own--but then people will complain about the cost of electricity and batteries. And as for maglev systems, they're too expensive. Especially since the government can't even make AMTRAK work.
stevo! | 8:43 a.m. May 22, 2008
Treehuggers Huh? It must be tough when you get your facts (talking points) from
Rush and Sean!
Brian | 8:45 a.m. May 22, 2008
If all those environmentalists that constantly congratulate themselves on how
smart they are would start walking everywhere that would help more then all the
ideas smart enough suggested.
If congress wants to know who to blame for the high price of oil all they have to do is look in the mirror. The US has more then enough oil to be fully self-sufficient but congress has blocked development at every turn.
If congress wants to know who to blame for the high price of oil all they have to do is look in the mirror. The US has more then enough oil to be fully self-sufficient but congress has blocked development at every turn.
bait-and-switching from neocons | 8:54 a.m. May 22, 2008
Note how the wacky conservatives change the topic from Oil problems to
"tree-hugger" remarks.
And these fools think they are pulling the wool over reasonable-thinking people's eyes with that Rush Limbaugh-ish BS.
What a childish group of people!
And these fools think they are pulling the wool over reasonable-thinking people's eyes with that Rush Limbaugh-ish BS.
What a childish group of people!
Re: stevo! | 8:56 a.m. May 22, 2008
Who is Rush and Sean? I don't even know who you are talking about. I do
know who Al Gore is and all you fruit loops think you can save the Earth by
making corn into fuel. In the mean time the world is starving to death. Good
work treehuggers.
Anonymous | 9:17 a.m. May 22, 2008
Who is Rush and Sean? Yeah, right.
A dead give-away. And more proof the neocons' ship is sinking like a (blanking) stone.
A dead give-away. And more proof the neocons' ship is sinking like a (blanking) stone.
Really? | 9:29 a.m. May 22, 2008
Most of the reasons given for the high price of oil in the comments are
ridiculous. The US dollar continues to decline in value vis a vis other
currencies. Oil is bought and sold in US dollars. The price of oil will
continue to rise as long as the US dollar loses value.
Oil companies are not gouging any one. Their margins are much lower than many industries. Look at their financial statements and calculate the financial ratios and you will see. People lash out at the oil companies because their is nothing they can do to change the situation in the short term. Our country was designed around cheap oil, and those days are coming to an end.
Drilling in ANWR makes me laugh. People talk about it like Jed Clampett is going to go up there shoot at a caribou and "up through the ground comes a bubblin' crude" and oil prices come down. It is a relatively small amount of oil and will take 8-15 years for the first barrel to reach the market. Our efforts are better spent on becoming the world leaders in alternative fuels and their associated technologies.
Oil companies are not gouging any one. Their margins are much lower than many industries. Look at their financial statements and calculate the financial ratios and you will see. People lash out at the oil companies because their is nothing they can do to change the situation in the short term. Our country was designed around cheap oil, and those days are coming to an end.
Drilling in ANWR makes me laugh. People talk about it like Jed Clampett is going to go up there shoot at a caribou and "up through the ground comes a bubblin' crude" and oil prices come down. It is a relatively small amount of oil and will take 8-15 years for the first barrel to reach the market. Our efforts are better spent on becoming the world leaders in alternative fuels and their associated technologies.
Concur with Really | 9:39 a.m. May 22, 2008
Our efforts are better spent on becoming the world leaders in alternative fuels
and their associated technologies.
nothing we can do | 9:46 a.m. May 22, 2008
might as well dig deeper into your wallet and fuel up that BIG SUV because you
have to drive to work and you have to buy gas and there is nothing any of us can
do about it. People talk about fighting back but how exactly do we do that? Who
do we fight? What (if any) action do we take? Can McCain or Obama do anything
about the price of oil? NO! Face it America, we are slaves to the billionaire
oil fat cats both in the middle east as well as right here in America. The
politicians are ALL beholding to the oil companies and are basically bought and
paid for. Expect gas prices to hit $6 or $7 a gallon within a year. What's
going to stop it? Alternative fuels are years away (maybe 20) before they really
have any impact at all.
no drilling !! | 9:59 a.m. May 22, 2008
Some folks are so ignorant of facts it's truly amazing. People think we
should go drill in Alaska and all our worries would be over. Get a CLUE PEOPLE -
there isn't enough oil in all of Alaska to support America's GIANTIC
OIL appetite for more than 6-8 months. All the oil is in the middle east and
South America. The answer is NOT to go destroy Alaska for 6 months worth of oil.
The answer is actually political. There is no question we have the expertise and
know how to be virtually oil free within 10 years. Remember the
"Manhattan Project"? We brought together our best scientists and
produced an Atomic Bomb in a couple of years. We had the need and will to do it
and it happened. The same thing happened with the Apollo project and landing on
the moon. The PROBLEM is our political leaders are bought and paid for by he
wealthy, powerful oil companies and they (our leaders) DO NOT have the will or
motivation to make anything happen for the immediate future.
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The Holly Refinery in West Bountiful produces various types of fuel from crude oil. Included in these types is jet fuel for both commercial and military aircraft.
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