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- LindsayRichardsExplorerIn the Jimmy Carter era, we were told we had 11 years of oil remaining. The technology has changed drastically with the introduction of fracking and horizontal drilling. We are estimated to have over a century of oil and gas now. In my estimation, a yet unknown source of energy will be discovered and most of that will remain in the ground. Politics is now drastically limiting our production of oil and gas. In the last year, we have gone from a net exporter of oil and gas to a net importer of both. The folks we are buying from now love to shout, "Death to America". I would love to see us switch to CNG for transportation fuel. It is much cheaper and safer than electricity. Over 70% of the new garbage haulers are now CNG.
- 1.54 per litre Gas
1.64 per litre diesel.
Hydro apx 12 cents per kWh after tax etc.
All funds Canadian dollars.
This is in the Okanagan valley of B.C. - BumpyroadExplorer
propchef wrote:
The discussion is now about energy, not continuing the draining of a finite resource.
how many years is this finite resource estimated to be available?
bumpy - propchefExplorer
LouLawrence wrote:
RetiredRealtorRick wrote:
I still want to know, in layman's terms, why the heck we EXPORT so much oil, and why the heck we IMPORT so much oil???
We pump oil that is the wrong type to be processed by our US refiners so we mostly export that oil and then import the oil our refiners are setup for. We been doing this for years and never have had enough sense to spend the money to change this scenario. We never do learn until it's way too late.
It's because the newer technologies made it financially viable to extract oil (tar) when it wasn't previously feasible. We had by that time already set up our refineries.
The discussion is now about energy, not continuing the draining of a finite resource. - LouLawrenceExplorer II
RetiredRealtorRick wrote:
I still want to know, in layman's terms, why the heck we EXPORT so much oil, and why the heck we IMPORT so much oil???
We pump oil that is the wrong type to be processed by our US refiners so we mostly export that oil and then import the oil our refiners are setup for. We been doing this for years and never have had enough sense to spend the money to change this scenario. We never do learn until it's way too late. - Set a new fill record of $125 this weekend.
And on another note.... Shell limited my credit card to $75 for pay at the pump. So that is all they get. Kinda lame these days. - RetiredRealtorRExplorerI still want to know, in layman's terms, why the heck we EXPORT so much oil, and why the heck we IMPORT so much oil???
- wanderingbobExplorer IIWow , DeFuniac Springs , Fl Fuel was 80 cents cheaper 2 miles away from interstate
- 2112Explorer IIFilled up yesterday in Friendswood Tx @ $2.59 for regular. It was $2.69 last week, $2.80 something 3 weeks ago. Seems to be moving in the right direction.
- tomman58Explorer
wanderingbob wrote:
Ocala Florida , the two big chain truck stops were 61 cents higher than the Speedway two blocks down !
I never can explain why Flying J gives you 5 cents off and is still more than the rest. The big rigs get a deal for buying 300 gallons but why not those
RV's and trucks that buy a lot of fuel across the USA?
The weird thing is most often there is an independent near that gets 10 to 15 cents less and still handles RV's and Truck/trailer combos.
We cruise across the US yearly and also many states and it is the same story everywhere. Once you learn where the better prices are you use them as opposed to the big boys.
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