OT: Oil, Up, Up And Away

This is a huge oil story that's very important. Rueters had it first (2pmEST) then AP news wire (4:17pmEST) then Bloomberg. Look at "USO" day chart for the results of the news.

Read Bloomberg oil news comments on the lower top article right hand side of the web page "Crude Oil..."

$120/barrel oil is coming fast folks! Be prepared as analyist predictions, $5 gas@ $120/oil!

I'm in too much pain to comment on the story but I will at a later time.

T_Bone

• Bloomberg

I use a Fill-Rite 12V pump, 50' of hose, and 275 gal transfer tank in the body of my 1-ton dump truck. In many cases, I also remove the homeowners fuel tank and make a couple of bucks. My out of pocket expenses are very close to zero if not below. A pump-out and remove job takes about 2-3 hours.

I have collected about 3000 gallons since June. Not sure what I am going to do when my storage tanks (6000 gals) are full.

I suspect that most people reading this board could do the same thing. Most have a truck and are property owners. Location is important. This sideline business is especially well suited for my location in Eastern Massachusetts.

I thought that maybe you have been feeling better. I"ve seen you posting a bit more, lately.

Take care.
Hound

• Powering your home with Lister diesel

How do you propose we go about it?

Seems to me we're way overdue substantially higher energy prices, particularly vehicle fuel. How high is necessary to effect a consumer change that the gov't isn't willing to mandate? I've seen various predictions. CAFE is a problem that needs fixing. Market dictate is fine by me.

Looking where fuel prices are already at that level shows very different vehicles available.

Bought a new van for my wife's business two years ago. Was not able to get diesel in E150. Something very wrong with that picture. Nor is there a slightly smaller van built similar available. E150 is 18" (wasted in our case) longer than the discontinued Dodge. Minis aren't applicable, tried that.

Myself, built a house that never gets hot or cold, appropriate for about any climate. Passive Annual Heat Storage (PAHS). Next is going off-grid. Large machinery dictates substantial generation, 25 kW in my case.

Woodgas is my best bet. Which can also power a vehicle if one makes the effort. I don't drive much.

There have been a couple of very interesting hydrogen developments lately. One greatly reducing the electricity needed for generation, using biology. The other possibly doubling the efficiency of fuel cells with better fuel storage.

I'm not holding my breath, waiting. Better to get moving.