Blog Category Results

Found 4 entries.

Categories results for: oil imports

Slippery Slopes

Nov 6, 2008 4:26 am | Categories: gas prices, oil imports
Posted by pf_flyer

Oil prices continue to trend downward as demand continues to decline and it's making the "experts" look pretty foolish. Consider this quote from a story on AFP this morning: A decline in oil prices gained momentum on Wednesday as the US Department of Energy (DoE) reported US gasoline stockpiles had jumped by 1.1 million barrels last week, confounding market expectations for a drop of 600,000 barrels. They were so close weren't they?..

Patiently Waiting

Oct 27, 2008 5:13 am | Categories: commoditites, oil imports
Posted by pf_flyer

History lesson for the day. The most important oil well ever drilled was in the middle of quiet farm country in northwestern Pennsylvania in 1859. For this was one of the first successful oil wells that was drilled for the sole purpose of finding oil...

Dearing Hefect?

May 23, 2008 4:21 am | Categories: commentary, oil imports
Posted by pf_flyer

Just how stupid does Senator Schumer think you are? Well on May 13th in a Senate speech he said... "If Saudi Arabia were to increase its production by 1 million barrels per day that translates to a reduction of 20 percent to 25 percent in the world price of crude oil, and crude oil prices could fall by more than $25 dollar per barrel from its current level of $126 per barrel...

Alternative Fools?

Aug 28, 2007 3:23 am | Categories: automotive haiku, commoditites, corn, ethanol, hybrids, innovation, oil imports, penn state
Posted by pf_flyer

There's a lot of speculation and discussion about ethanol and how it's going to save us going around these days. Myself, I'm a bit of a skeptic and feel that turning all of U.S. corn production into ethanol wouldn't even make a dent in our fossil fuel needs, and that we'd starve ourselves in the process...

Blog Category Results Found 4 entries. Categories results for: oil imports Slippery Slopes Nov 6, 2008 4:26 am \| Categories: gas prices, oil imports Posted by pf_flyer Oil prices continue to trend downward as demand continues to decline and it's making the "experts" look pretty foolish. Consider this quote from a story on AFP this morning: A decline in oil prices gained momentum on Wednesday as the US Department of Energy (DoE) reported US gasoline stockpiles had jumped by 1.1 million barrels last week, confounding market expectations for a drop of 600,000 barrels. They were so close weren't they?.. Patiently Waiting Oct 27, 2008 5:13 am \| Categories: commoditites, oil imports Posted by pf_flyer History lesson for the day. The most important oil well ever drilled was in the middle of quiet farm country in northwestern Pennsylvania in 1859. For this was one of the first successful oil wells that was drilled for the sole purpose of finding oil... Dearing Hefect? May 23, 2008 4:21 am \| Categories: commentary, oil imports Posted by pf_flyer Just how stupid does Senator Schumer think you are? Well on May 13th in a Senate speech he said... "If Saudi Arabia were to increase its production by 1 million barrels per day that translates to a reduction of 20 percent to 25 percent in the world price of crude oil, and crude oil prices could fall by more than $25 dollar per barrel from its current level of $126 per barrel... Alternative Fools? Aug 28, 2007 3:23 am \| Categories: automotive haiku, commoditites, corn, ethanol, hybrids, innovation, oil imports, penn state Posted by pf_flyer There's a lot of speculation and discussion about ethanol and how it's going to save us going around these days. Myself, I'm a bit of a skeptic and feel that turning all of U.S. corn production into ethanol wouldn't even make a dent in our fossil fuel needs, and that we'd starve ourselves in the process...