How long until GM folds?
#31
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Two Bonnies,
I also believe there are reserves that have not been tapped yet, and I also believe that they have been kept secret from the general public. Reason being scare tactic and another sympathy reason for higher fuel cost.
Bandit
here is a image as of 2000 of known reserves.
I also believe there are reserves that have not been tapped yet, and I also believe that they have been kept secret from the general public. Reason being scare tactic and another sympathy reason for higher fuel cost.
Bandit
here is a image as of 2000 of known reserves.
#32
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Originally Posted by two bonnies
bandit,
it is not belief. it is fact. The supply in Alaska? One day of US consumption. That'* it. With the price of oil as high as it is, oil companies are searching high and low for oil. Ask any petroleum geologist. We squeezing the planet'* oil reserves dry. Even if there are big reserves under the oceans, once you get below a certain depth of water there is currently no technology that can get to it. Just look up known reserves. and then go look up consumption. Then do the math.
it is not belief. it is fact. The supply in Alaska? One day of US consumption. That'* it. With the price of oil as high as it is, oil companies are searching high and low for oil. Ask any petroleum geologist. We squeezing the planet'* oil reserves dry. Even if there are big reserves under the oceans, once you get below a certain depth of water there is currently no technology that can get to it. Just look up known reserves. and then go look up consumption. Then do the math.
#34
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NEW YORK (CNN/Money) – Gasoline prices in the United States, which have recently hit record highs, are actually much lower than in many countries. Drivers in some European cities, like Amsterdam and Oslo, are paying nearly 3 times more than those in the U.*.
The main factor in price disparities between countries is government policy, according to AirInc, a company that tracks the cost of living in various places around the world. Many European nations tax gasoline heavily, with taxes making up as much as 75 percent of the cost of a gallon of gasoline, said a spokesperson for AirInc.
In a few Latin America and Middle-East nations, such as Venezuela and Saudi Arabia, oil is produced by a government-owned company and local gasoline prices are kept low as a benefit to the nation'* citizens, he said. All prices updated March, 2005.
Nation City Price in USD Regular/Gallon
Netherlands Amsterdam $6.48
Norway Oslo $6.27
Italy Milan $5.96
Denmark Copenhagen $5.93
Belgium Brussels $5.91
Sweden Stockholm $5.80
United Kingdom London $5.79
Germany Frankfurt $5.57
France Paris $5.54
Portugal Lisbon $5.35
Hungary Budapest $4.94
Luxembourg $4.82
Croatia Zagreb $4.81
Ireland Dublin $4.78
Switzerland Geneva $4.74
Spain Madrid $4.55
Japan Tokyo $4.24
Czech Republic Prague $4.19
Romania Bucharest $4.09
Andorra $4.08
Estonia Tallinn $3.62
Bulgaria Sofia $3.52
Brazil Brasilia $3.12
Cuba Havana $3.03
Taiwan Taipei $2.84
Lebanon Beirut $2.63
South Africa Johannesburg $2.62
Nicaragua Managua $2.61
Panama Panama City $2.19
Russia Moscow $2.10
Puerto Rico San Juan $1.74
Saudi Arabia Riyadh $0.91
Kuwait Kuwait City $0.78
Egypt Cairo $0.65
Nigeria Lagos $0.38
Venezuela Caracas $0.12
The main factor in price disparities between countries is government policy, according to AirInc, a company that tracks the cost of living in various places around the world. Many European nations tax gasoline heavily, with taxes making up as much as 75 percent of the cost of a gallon of gasoline, said a spokesperson for AirInc.
In a few Latin America and Middle-East nations, such as Venezuela and Saudi Arabia, oil is produced by a government-owned company and local gasoline prices are kept low as a benefit to the nation'* citizens, he said. All prices updated March, 2005.
Nation City Price in USD Regular/Gallon
Netherlands Amsterdam $6.48
Norway Oslo $6.27
Italy Milan $5.96
Denmark Copenhagen $5.93
Belgium Brussels $5.91
Sweden Stockholm $5.80
United Kingdom London $5.79
Germany Frankfurt $5.57
France Paris $5.54
Portugal Lisbon $5.35
Hungary Budapest $4.94
Luxembourg $4.82
Croatia Zagreb $4.81
Ireland Dublin $4.78
Switzerland Geneva $4.74
Spain Madrid $4.55
Japan Tokyo $4.24
Czech Republic Prague $4.19
Romania Bucharest $4.09
Andorra $4.08
Estonia Tallinn $3.62
Bulgaria Sofia $3.52
Brazil Brasilia $3.12
Cuba Havana $3.03
Taiwan Taipei $2.84
Lebanon Beirut $2.63
South Africa Johannesburg $2.62
Nicaragua Managua $2.61
Panama Panama City $2.19
Russia Moscow $2.10
Puerto Rico San Juan $1.74
Saudi Arabia Riyadh $0.91
Kuwait Kuwait City $0.78
Egypt Cairo $0.65
Nigeria Lagos $0.38
Venezuela Caracas $0.12
#36
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Originally Posted by petraman
What I propose is a very very LARGE tax on gas guzzlers, anything below 20 mpg avg., so we can put that money towards alternate fuel R&D.
#38
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Nigeria Lagos $0.38
Venezuela Caracas $0.12
And now Venezuela is sending gas to the US via citgo for poor families to heat there homes.
Venezuela Caracas $0.12
And now Venezuela is sending gas to the US via citgo for poor families to heat there homes.