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Originally posted by KrazyHorse
But yeah, power draw is higher in summer than in winter.
But yeah, power draw is higher in summer than in winter.
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My apartment building retains heat very well, I rarely have to turn my heater on in the winter.
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You want to make a bet?Originally posted by Imran Siddiqui
Average gas prices will not hit $6 a gallon (in 2005 dollars) in our lifetimes unless some super major catastrophe happens. At worst it may hover around $3/gal, which is not nearly enough to get people to massive flock to the inner city.
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Adjusted for inflation, barring ill-defined "externalities"... yeah, I probably would take that bet with you, Odin.
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Better to define the bet in terms of $/barrel (per gallon would bring gas taxes into play and you never know - those wascally Democrats might raise 'em!).
That being said, I think Imran & John are closer to the right answer than Odin. People whine and ***** about gas prices, but almost no one I know bothers to consider adjusting for inflation when they say things like "I remember when gas was 99 cents a gallon!"
-Arriangrog want tank...Grog Want Tank... GROG WANT TANK!
The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.Comment
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I don't think there was that much inflation since the late 90's. What has it been lately, 2% a year IIRC?Originally posted by Arrian
People whine and ***** about gas prices, but almost no one I know bothers to consider adjusting for inflation when they say things like "I remember when gas was 99 cents a gallon!"
-Arrian
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That's a fvckload of oil for only 160 acres. Pretty damn impressive.Originally posted by JohnT
At the rate of the test plot, the 160 acres of land should produce about 15,000,000 barrels of oil.
However, I note that the costs of production that they quote are rather high.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Under $2 when I was in Ohio for T-giving.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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We're back down to about 83-87 cents a litre here."The French caused the war [Persian Gulf war, 1991]" - Ned
"you people who bash Bush have no appreciation for one of the great presidents in our history." - Ned
"I wish I had gay sex in the boy scouts" - DissidentComment
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It adds up, though, and people don't really think about it. Gas prices before the recent sudden upswing had actually declined over time when adjusted for inflation - we were getting really cheap gas there for a while.Originally posted by Odin
I don't think there was that much inflation since the late 90's. What has it been lately, 2% a year IIRC?
It's hovering just over $2/gallon here in CT. I tanked up in NH for $1.93 on the way back after Thanksgiving, though.
-Arriangrog want tank...Grog Want Tank... GROG WANT TANK!
The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.Comment
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Now that it's not 11:00pm, I checked my numbers and come up with about 12,000,000 barrels (1.714 barrels/sq foot * 7 million sq feet). Of course, 1/3 of that is lost in the expenditure needed to extract it (1:3.5) so that we only come up about 6-8.5 million barrels produced on the test plot.Originally posted by DanS
That's a fvckload of oil for only 160 acres. Pretty damn impressive.
However, I note that the costs of production that they quote are rather high.Comment
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These are amazing figures. In my area of Ohio, wildcatters would be ecstatic to get 20 barrels of oil a day for a couple of years on a 15 acre plot.
I know Flubber deals in much more productive fields, but I bet those numbers are even amazing to him.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Remember that's over a period of 15 months, so when I say 1.7 barrels per sq ft, that means .0038 barrel/day slowly oozing out of each sq. ft for a period of 15 months.Comment
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Yes, that's a very short period of time as these things go. That has lots of implications that I haven't thought through fully.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Well, if the implication draws you to the conclusion that oil isn't a scarce commodity, that shocks, fears, and fearmongering crap sites like peakoil.org aren't just the province of some kooks but are an effective OPEC marketing tool, I'm with ya buddy.
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