Electronics Repair (sci.electronics.repair) Discussion of repairing electronic equipment. Topics include requests for assistance, where to obtain servicing information and parts, techniques for diagnosis and repair, and annecdotes about success, failures and problems.

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Default Oil prices climb to $101.11 a barrel...

It is very likely, the crude oil price per barrel may get up to about
$120 to $140 by the mid or end of the summer. The reasons are many.
This means that the price of fuel will most likely rise by at least
another 20%. There are futures contracts out on crude oil for a price
point of $200 per barrel by year 2010.

The price of oil is rising faster than the normal rate of inflation.
This will contribute to the cost of most everything we have. The rate
of infation will be difficult to keep up with.

One of the causes for all of this is from the massive out-sourcing of
manufacturing in foreign countries to have lower labour cost, and from
letting our society become more dependend on other countries for
energy and materials.

From all that is going on, North America and most of Europe will
become a third world economy. We will no longer be able to afford to
live at the standard of living that we are used to. It will take a
very big change of attitude and the way of doing things to fix the
problem.



Jerry G.
======


On Feb 26, 11:59*pm, "Jim Thompson" To-Email-Use-The-Envelope-I...@My-
Web-Site.com wrote:
http://www.marke****ch.com/news/stor...7B40D68525%2DB...

Feb. 26, 2008

.................................................. ..........................*.......................

As the broader market began to regain lost ground, crude prices for
April delivery gained 2.3% to a new high of $101.11 a barrel on the
New York Mercantile Exchange, surpassing crude's last record of
$100.65 hit last week.

* * * * * * * * * * * * * * * * * * * * ...Jim Thompson
--
| *James E.Thompson, P.E. * * * * * * * * * * * * * * * * * * * * * |
mens |
| *Analog Innovations, Inc. * * * * * * * * * * * * * * * * * * * * * *|
et * * *|
| *Analog/Mixed-Signal ASICK's and Discrete Systems *| * *manus *|
| *Phoenix, Arizona * * * * * * * * * Voice480)460-2350 *| * * * * * * |
| *E-mail Address at Website * * Fax480)460-2142 * * | *Brass Rat *|
| * * *http://www.analog-innovations.com* * * * * * * * * *| * *1962 * * |

* * *America: Land of the Freedom Abusers, Because of the *******s.


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Default Oil prices climb to $101.11 a barrel...

On Feb 28, 12:33 pm, "Jerry G." wrote:
It is very likely, the crude oil price per barrel may get up to about
$120 to $140 by the mid or end of the summer. The reasons are many.
This means that the price of fuel will most likely rise by at least
another 20%.


So why didn't the petrol price go up 700% since oil was $15 back in
1999?
As you say, the reasons are many, but one thing is for sure, petrol
prices have had very little in the way of linear correlation with oil
price.

Dave.
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Default Oil prices climb to $101.11 a barrel...


"David L. Jones" wrote in message
...
On Feb 28, 12:33 pm, "Jerry G." wrote:
It is very likely, the crude oil price per barrel may get up to about
$120 to $140 by the mid or end of the summer. The reasons are many.
This means that the price of fuel will most likely rise by at least
another 20%.


So why didn't the petrol price go up 700% since oil was $15 back in
1999?
As you say, the reasons are many, but one thing is for sure, petrol
prices have had very little in the way of linear correlation with oil
price.

Dave.




Hey Dave you are already right there, depending on how you look at it.

($15/b * 700%)/100 = $105/b

PS. Every one of you are being affected except me and the one I have chosen
to help.


...Jim Thompson


--
| James E.Thompson, P.E. | mens |
| Analog Innovations, Inc. | et
|
| Analog/Mixed-Signal ASICK's and Discrete Systems | manus |
| Phoenix, Arizona Voice480)460-2350 |
|
| E-mail Address at Website Fax480)460-2142 | Rat ******* |
| http://www.analog-innovations.com | 1962 |

America: Land of the Freedom Abusers, Because of the Rat *******s.




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Default Oil prices climb to $101.11 a barrel...

Jim Thompson wrote:
"David L. Jones" wrote in message
...
On Feb 28, 12:33 pm, "Jerry G." wrote:
It is very likely, the crude oil price per barrel may get up to about
$120 to $140 by the mid or end of the summer. The reasons are many.
This means that the price of fuel will most likely rise by at least
another 20%.

So why didn't the petrol price go up 700% since oil was $15 back in
1999?
As you say, the reasons are many, but one thing is for sure, petrol
prices have had very little in the way of linear correlation with oil
price.

Dave.




Hey Dave you are already right there, depending on how you look at it.

($15/b * 700%)/100 = $105/b

PS. Every one of you are being affected except me and the one I have chosen
to help.


...Jim Thompson



What a blazing idiot. You are so obvious from the content of your
forgeries. Who has to look at the headers any more. Go away forever.

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Default Oil prices climb to $101.11 a barrel...

On Feb 27, 5:47*pm, "David L. Jones" wrote:
On Feb 28, 12:33 pm, "Jerry G." wrote:

It is very likely, the crude oil price per barrel may get up to about
$120 to $140 by the mid or end of the summer. The reasons are many.
This means that the price of fuel will most likely rise by at least
another 20%.


So why didn't the petrol price go up 700% since oil was $15 back in
1999?
As you say, the reasons are many, but one thing is for sure, petrol
prices have had very little in the way of linear correlation with oil
price.

Dave.


The popular price per barrel quoted in the news is the spot market
price, and ignores the oil refined within vertically-integrated
companies and oil delivered under long-term, fixed-price contracts.



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Default Oil prices climb to $101.11 a barrel...

Richard Henry wrote:
On Feb 27, 5:47 pm, "David L. Jones" wrote:
On Feb 28, 12:33 pm, "Jerry G." wrote:

It is very likely, the crude oil price per barrel may get up to about
$120 to $140 by the mid or end of the summer. The reasons are many.
This means that the price of fuel will most likely rise by at least
another 20%.

So why didn't the petrol price go up 700% since oil was $15 back in
1999?
As you say, the reasons are many, but one thing is for sure, petrol
prices have had very little in the way of linear correlation with oil
price.

Dave.


The popular price per barrel quoted in the news is the spot market
price, and ignores the oil refined within vertically-integrated
companies and oil delivered under long-term, fixed-price contracts.


But those prices are not the news with which you can manipulate the sheeple.

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Default Oil prices climb to $101.11 a barrel...

On Feb 29, 11:03 am, Richard Henry wrote:
On Feb 27, 5:47 pm, "David L. Jones" wrote:

On Feb 28, 12:33 pm, "Jerry G." wrote:


It is very likely, the crude oil price per barrel may get up to about
$120 to $140 by the mid or end of the summer. The reasons are many.
This means that the price of fuel will most likely rise by at least
another 20%.


So why didn't the petrol price go up 700% since oil was $15 back in
1999?
As you say, the reasons are many, but one thing is for sure, petrol
prices have had very little in the way of linear correlation with oil
price.


Dave.


The popular price per barrel quoted in the news is the spot market
price, and ignores the oil refined within vertically-integrated
companies and oil delivered under long-term, fixed-price contracts.


The oil within a vertically integrated company is worth as much as the
price on the spot market because they have the option of refining it
or selling it raw. The spot market is a good but nervous indicator of
the price of oil. The long term contracts will all end some day and a
new contract be written at the new higher price. The trend is
smoothened by that effect but the average rate of increase is not
reduced.

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Default Oil prices climb to $101.11 a barrel...

On Mar 2, 10:03*am, MooseFET wrote:
On Feb 29, 11:03 am, Richard Henry wrote:





On Feb 27, 5:47 pm, "David L. Jones" wrote:


On Feb 28, 12:33 pm, "Jerry G." wrote:


It is very likely, the crude oil price per barrel may get up to about
$120 to $140 by the mid or end of the summer. The reasons are many.
This means that the price of fuel will most likely rise by at least
another 20%.


So why didn't the petrol price go up 700% since oil was $15 back in
1999?
As you say, the reasons are many, but one thing is for sure, petrol
prices have had very little in the way of linear correlation with oil
price.


Dave.


The popular price per barrel quoted in the *news is the spot market
price, and ignores the oil refined within vertically-integrated
companies and oil delivered under long-term, fixed-price contracts.


The oil within a vertically integrated company is worth as much as the
price on the spot market because they have the option of refining it
or selling it raw. *The spot market is a good but nervous indicator of
the price of oil. *The long term contracts will all end some day and a
new contract be written at the new higher price. *The trend is
smoothened by that effect but the average rate of increase is not
reduced.- Hide quoted text -

- Show quoted text -


The oil within a vertically integrated company is worth what it can be
sold for. Introducing large stocks into the open market will reduce
the spot price.

Long term contracts are set at a price point where both the buyer and
seller think they will make money over the term of the contract.

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Default Oil prices climb to $101.11 a barrel...

On Mar 2, 1:25 pm, Richard Henry wrote:
On Mar 2, 10:03 am, MooseFET wrote:



On Feb 29, 11:03 am, Richard Henry wrote:


On Feb 27, 5:47 pm, "David L. Jones" wrote:


On Feb 28, 12:33 pm, "Jerry G." wrote:


It is very likely, the crude oil price per barrel may get up to about
$120 to $140 by the mid or end of the summer. The reasons are many.
This means that the price of fuel will most likely rise by at least
another 20%.


So why didn't the petrol price go up 700% since oil was $15 back in
1999?
As you say, the reasons are many, but one thing is for sure, petrol
prices have had very little in the way of linear correlation with oil
price.


Dave.


The popular price per barrel quoted in the news is the spot market
price, and ignores the oil refined within vertically-integrated
companies and oil delivered under long-term, fixed-price contracts.


The oil within a vertically integrated company is worth as much as the
price on the spot market because they have the option of refining it
or selling it raw. The spot market is a good but nervous indicator of
the price of oil. The long term contracts will all end some day and a
new contract be written at the new higher price. The trend is
smoothened by that effect but the average rate of increase is not
reduced.- Hide quoted text -


- Show quoted text -


The oil within a vertically integrated company is worth what it can be
sold for. Introducing large stocks into the open market will reduce
the spot price.


I don't think it really would or at least not by very much. If a
vertically integrated company sells its crude oil into the market, it
won't be refining it into finished products and selling those. Others
will be making that finished product from the crude oil instead. The
net effect won't be anything like putting new oil from a well onto the
market.


Long term contracts are set at a price point where both the buyer and
seller think they will make money over the term of the contract.


Yes and those predictions are based on the conditions at the time the
contract is made. The next batch of contracts will be written in a
very different environment.

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Default Oil prices climb to $101.11 a barrel...

On Wed, 27 Feb 2008 17:33:08 -0800 (PST), "Jerry G."
wrote:

It is very likely, the crude oil price per barrel may get up to about
$120 to $140 by the mid or end of the summer. The reasons are many.
This means that the price of fuel will most likely rise by at least
another 20%. There are futures contracts out on crude oil for a price
point of $200 per barrel by year 2010.

The price of oil is rising faster than the normal rate of inflation.
This will contribute to the cost of most everything we have. The rate
of infation will be difficult to keep up with.

One of the causes for all of this is from the massive out-sourcing of
manufacturing in foreign countries to have lower labour cost, and from
letting our society become more dependend on other countries for
energy and materials.

From all that is going on, North America and most of Europe will
become a third world economy. We will no longer be able to afford to
live at the standard of living that we are used to. It will take a
very big change of attitude and the way of doing things to fix the
problem.


What we won't be able to afford is wasting energy as senselessly as we
do now. The average USian could cut his energy use in half without
extreme distress.

The main cause of the energy shortage is the fact that the Chinese,
the Indians, the Africans, and the South Americans are increasing both
population and per-capita energy use. Imagine if every family in India
and every family in China had central heating and a car.

We have something they don't: an enormous capacity to make food.

John





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Default Oil prices climb to $101.11 a barrel...

John Larkin wrote:
We have something they don't: an enormous capacity to make food.


A very large percentage of that capability is due to the use of
nitrogenous fertilizers, manufactured from natural or petroleum
gas via the Haber-Bosch process for ammonia. The Chinese make
more than a quarter of the world's production, but basically -
guess what - the ability to store energy in your cereal crops and
in your "biofuels", comes predominantly from below the ground,
not from the sun. Without fossil fertilizer, 90% of the world's
production of grain would cease.

The fossil fuel crisis is first and foremost a *food* crisis, the
cost of fuel for transport is just the leading edge.
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Default Oil prices climb to $101.11 a barrel...

On Thu, 28 Feb 2008 13:08:07 +1100, Clifford Heath
wrote:

John Larkin wrote:
We have something they don't: an enormous capacity to make food.


A very large percentage of that capability is due to the use of
nitrogenous fertilizers, manufactured from natural or petroleum
gas via the Haber-Bosch process for ammonia. The Chinese make
more than a quarter of the world's production, but basically -
guess what - the ability to store energy in your cereal crops and
in your "biofuels", comes predominantly from below the ground,
not from the sun. Without fossil fertilizer, 90% of the world's
production of grain would cease.

The fossil fuel crisis is first and foremost a *food* crisis, the
cost of fuel for transport is just the leading edge.



Well, just think about the negotiation sessions:

"We have food. You have oil. Wanna do business?"


John



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Default Oil prices climb to $101.11 a barrel...



John Larkin wrote:

We have something they don't: an enormous capacity to make food.


Don't worry. They will eat you up.

Well, just think about the negotiation sessions:

"We have food. You have oil. Wanna do business?"


What business? What oil? The oil it what Iraq is intended for.


VLV
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Default Oil prices climb to $101.11 a barrel...

On Thu, 28 Feb 2008 03:51:48 GMT, Vladimir Vassilevsky
wrote:



John Larkin wrote:

We have something they don't: an enormous capacity to make food.


Don't worry. They will eat you up.

Well, just think about the negotiation sessions:

"We have food. You have oil. Wanna do business?"


What business? What oil? The oil it what Iraq is intended for.


VLV


What logic? What syntax?

John

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Default Oil prices climb to $101.11 a barrel...



John Larkin wrote:

On Thu, 28 Feb 2008 03:51:48 GMT, Vladimir Vassilevsky
wrote:



John Larkin wrote:


We have something they don't: an enormous capacity to make food.


Don't worry. They will eat you up.


Well, just think about the negotiation sessions:

"We have food. You have oil. Wanna do business?"


What business? What oil? The oil it what Iraq is intended for.



What logic?


I don't see any logic either. If the Iraq is colonized, then why the oil
is $101.11 ?


What syntax?


Should learn hispanic?

VLV


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