Oil prices climb to $101.11 a barrel...

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Still massively under-priced.

It wasn't that long ago (around 1998-99) I was working on designing oil survey gear when the price was around $15 a barrel. Petrol prices certainly haven't gone up 700% since then... Petrol is still cheaper than milk and bottled water here in Oz. Funny how it all works huh?

Dave.

...=AD.......................

Perhaps so.

I'm developing a milk-powered car. When petrol gets more expensive than milk, I'm gonna make millions.

"Jim Thompson" skrev i en meddelelse news:fq2qnl$8i6$ snipped-for-privacy@aioe.org...

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What people *should* be watching is the price of Wheat, Soy Beans e.t.c. because that is where trouble will come from. In the middle east, India and Pakistan people are going from being middle class to having to choose between heating and eating! China has enacted price controls - *ensuring* a shortage (maybe they will shoot some farmers to get the point across that it is well to produce at a loss)

PS: And welcome to the brand new regime of Ressource limited growth replacing Finance limited growth. South Africa's mines are running below capacity due to lack of electricity.

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You can thank the biofuel craze for that. Planting for burning drives up food from supply *and* demand sides, plus all the downstream products--and in other countries--too.

Unintended consequences:

1. Al Gore sounds alarm 2. biofuel craze 3. farmers grow feedstock for cars instead of people

Results: 4. Human misery increased a. inflation, locally b. food becomes unaffordable in Mexico and Haiti c. people starve

1. Environment not improved a. replacement food grown, appallingly inefficiently b. net CO2 emissions increase

Best wishes, James Arthur

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This sort of sums it up

and

martin

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Perhaps so.

I'm developing a milk-powered car. When petrol gets more expensive than milk, I'm gonna make millions.

Some idiots said they can power a car with water, I tried splitting water and I got 20% return of what I put in. Shit.... America you're lying to each other to no end. If you want to know the guy who discovered a solution for fuel problem then he is me. I just act funny that's all. I know a lot more than you gave me the credit. Ain't that a HOOT?

...Jim Thompson

It's just another perpetual motion machine scheme. Water powered cars, 100 mpg carburetors, free energy, these scams have been around for hundreds of years. Every one of them violates well proven laws of science but they succeed because people want to believe.

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Not fair--Mr. Bush responds wholeheartedly (if ill-advisedly)--with Congress in tow--to their (Greens in general, and the LA Times in particular) criticism about not supporting alternative fuels, then they lambaste him when he does.

That's not helpful. We need less advocacy & more sensible discussion. But I suppose it's outrage that sells.

Cheers, James Arthur

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It is more than fair. I'll tell you why, when it comes to do the right thing, Bush did everything too late. And when it comes to do the wrong thing, he did it foolishly and very quickly. I'm sorry, I just can't see how you're going to succeed in convincing people. Did you see his rating down to 19% now? What are you smoking?

...Jim Thompson

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I didn't wite them, they are just 2 links that I found while waiting for the first cup of coffee to boil, this morning. When does the US wheat harvest start, I think I saw it was about 10 weeks from now?

martin

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I mean it's not fair for these same guys to criticize the man for doing the very thing they demanded he do.

Mostly no quarrel there, and I agree that biofuel's a bad idea. Greenies and other conspiracy-types think there's some easy, suppressed solution. There isn't.

Everyone wants magic, wants it free, and don't bother us with the details. Government, in the business of pleasing people, is more than happy to oblige...politicians of both parties *love* to spend money on their constituents, no matter what the cause.

Cheers, James Arthur

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I got the magic to double the MPG, just because I'm funny doesn't mean the magic doesn't exist. I've been driving a (doubled MPG) Mercedes and Infiniti for over two years now. I gave one to my gf, and she loves my technology.

...Jim Thompson

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No worries--I enjoyed the articles and appreciated the links. I'm glad to see the public finally wising up to what I saw as a bad idea (environmentally & economically) from the start.

My frustration was with the LA Times, not with you.

Best wishes, James Arthur

Paging Bill Sloman. lol

Nah, you don't even have the technology to properly imitate Jim.

Cheers, James Arthur

What the hell kind of country would this be if you could not steal from your neighbors legally?

I especially like the last sentence:

"To the intellectual the social device of capitalism offers a displeasing picture. Why? In his own terms, here are self-seeking men in quest of personal aggran- dizement. How? By providing consumers with things they want or can be induced to want. The same intellectual, puzzlingly, is not shocked by the workings of hedonist democracy; here also self-seeking men accomplish their aggrandizement by promising to other men things they want or are induced to demand. The difference seems to lie mainly in that the capitalist delivers the goods." --Bertrand de Jouvenel, _Treatment of Capitalism by Intellectuals_

Hey "Jim" (Message-ID: ), your sig isn't even lining up.

Go play with your kindergarten classmates. Well I suppose they don't want you, huh?

Tim

-- Deep Fryer: A very philosophical monk. Website @

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The Times of Londinium (murdock crap)didn't have the UN/FAO links, which the LAT did, it is so good when a tree paper posts links to the source on the web. So i thought it was worth quotifying.

If you want to see a really good paper, try this

martin

"Government is the great fiction through which everybody endeavors to live at the expense of everybody else." - Claude F. Bastiat (1801-1850)

Cheers, James Arthur