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Re: Wheels Coming Off Again


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Posted by TomTex on May 30, 2008 at 15:18:25 from (12.74.199.247):

In Reply to: Wheels Coming Off Again posted by Dennis (VA) on May 29, 2008 at 16:41:49:

Global oil output 85 mil barrel per day.
Global oil usage 87 mil barrel per day.
Global out of inventory or storage 2 mil barrel per day.
US imports 16 mil barrel per day.
If every regulation were dropped, US could not produce enough oil to live without OPEC.
Refineries are only running at 82 percent.
Ethanol is a joke. Is a problem adding to a problem.
Only hope is to get electric power generation off natural gas, on to clean coal, with some wind farms. Divert natural gas to liquification for transportation use.
Every drilling rig in Texas is tied up, booked months or years in advance. Drilling as fast as can drill, no wackos to stop it here. Natural gas piplines are growing like weeds.
Chinese cars will increase 30 fold in next 10 years. Yes 3000 percent in 10 years.
China will outbid us for OPEC oil supplies. Why? Because we have enriched them buying their low quality products at Wally World. Why? Because US consumers are tightwads, always putting price ahead of quality.
We are a consumer nation, dependent on China, OPEC, and others to live. Lost our manufacturing base.
We have 20 - 30 million criminals who have crossed our borders against the law. They have babies like rabbits at taxpayer expense of 10000 to 25000 per baby at public hospitals - ANCHOR babies. Drive without insurance, legal citizens have to support with "uninsured motorist" insurance. Public schools going broke with Spanish requirements at taxpayer expense. Public hospitals raising taxes for criminal medical care.
We have deficit spent for 7 years. Now 30 plus percent of every tax dollar you send in is spent on INTEREST only financing of the deficit, and it is still growing.
Our military is wore out. Needs complete equipment refurbishment or replacement. Much of the tracked vehicles will be demolished in the deserts of Iraq, not even fit to bring home for rebuilding. We will need Billions and Billions to fix up our military.
These are the good ole days. Energy cost will continue to rise, at alarming rates.
Tom


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