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What's sad about it all, is that we're setting on, what is
now more crude than the Middle East has, but yet we can't extract it. I heard
the other day.....(gov't figures)
*85% of the crude off-shore is "untouchable"
*40% less oil is refined here since the 80's
*30% increase in usage since the above time
frame.
*We've not built a refinery since the late 70's.
Since I work in the electric industry, these same "people"
who are not allowing us to rectify this situation, are not allowing the electric
industry to build new coal or nuclear powered plants. What that means is before
we know it, electricity will become the same way. Not enough to go around for
what's being produced, so next to rise will be your power bill.
Bill The Magnumguy
----- Original Message -----
Sent: Sunday, May 18, 2008 3:28 PM
Subject: Re: [FWDLK] L-FORWARDLOOK Digest
- 16 May 2008 to 17 May 2008 (#2008-132)
Maybe $5 gas doesn't bother you but combined with
$5 heating oil and $6 diesel It all adds up to were are all in deep trouble in
the next few years.
David Wallace
58 Fury
Sent: Sunday, May 18, 2008 12:11 PM
Subject: Re: [FWDLK] L-FORWARDLOOK Digest - 16 May 2008 to 17 May
2008 (#2008-132)
I have to agree with
Neil, 4.00,5,6,7 even 8.00 gas is not that big of deal,,you have
to consider the inflation prices.. in 1957, 1.25 per hour was very good
wages in the Midwest. Most people
didn?t get that, most got 1.00 hr. gas was 29.9 per gallon. Do the
math, gas has gone up maybe 12-14 times over but look at wages, most
people now days are making 60-80K here in the Midwest? we are all
getting too excited over 4.00 gallon gas,, we have just been spoiled
with 1.00 gallon gas. We didn?t know what we had. Reality is, there is
nothing wrong with 5.00 gallon gas,, sure, we hate to pay it, but you cant
have rain without cloudy skies
mel
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Subject: L-FORWARDLOOK Digest - 16 May
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