Jibslider - we have gone through the boom and busts, over and over. The boom is good for the minute and the bust is harsh. The Bust last's alot longer. What are we to think about it. If you have mineral's at the moment it is good - if not - it is not good. The oil is a moment to moment thing in my life. Never depend on it.
I say get the price per barrel to $200 and then start extracting from my minerals.
Heck, I could start a "gas buyers benefits" program from the interest I make on my oil money and help some of my good friends pay for their gas so they don't care either. The more people that I make care less, the less comlaining I have to listen to because it's not doing either of us any good.
K, now that I played that card, I gotta play the other card. I think paying anything above $3.00 for a gallon of gas is a fleecing. Especially around here. Where did all the awesomeness of the hybrids go? You'd think after the number of years they've been around they'd have the technology to the point of making them affordable to most.
So oil flows like wine around here and they keep finding more and more awesome shale formations all over the country. That's call supply....right? So when supply goes up...demand comes down...right? Or was Uncle Al Bervig just playing us?
Which brings me to my next point...yes it is getting (has been) expensive to live here. More houses, apartments, hotels are going up, yet the cost to build/purchase a house continues to rise as well. What's up with that? Uncle Al!!!!!!
And yes, the "Unions" topic is awesome and I will now switch to that on a new thread.
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Do nothing out of selfish ambition or vain conceit, but in humility consider others better than yourselves. Each of you should look not only to your own interests, but also to the interests of others. – Philippians 2:3-4
I won't belabor the point about how not everyone benefits from oil activity and not everyone gets oil money. All I know is that it's getting expensive to live here!
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Science can purify religion from error and superstition. Religion can purify science from idolatry and false absolutes. Each can draw the other into a wider world. A world in which both can flourish.
What does it matter how we feel about it? It is, what it is. Same as NPR - the UNION'S - and all the other stuff. My questions to you, what is to become of this? You think you can stop it or Change it? I am worried about the United States.
Huh?! It matters what you guys think about it because you are living in a region that is producing oil. I'm trying to spark a discussion. People in NW ND are in a unique situation in that when oil prices go up, the region does better economically. Higher oil prices in non oil producing states just means higher prices at the pump.
All of that other stuff (NPR, Unions) is for another thread.
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"When the going gets weird, the weird turn pro." -Dr. Johnson
What does it matter how we feel about it? It is, what it is. Same as NPR - the UNION'S - and all the other stuff. My questions to you, what is to become of this? You think you can stop it or Change it? I am worried about the United States.
My question for all of those western North Dakotans is how do you feel about the price of gasoline these days? On a positivie note, the high cost of oil is great for the region because it keeps the land pillaging, I mean resource extraction() going, but on the other hand you are paying more to fill up your vehicle.
Another positive note is that the high cost drives alternative energy reseach too, but my main question is how the average Ole in the area feels about the cost of oil.
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"When the going gets weird, the weird turn pro." -Dr. Johnson
what are your thoughts on the effects of mid-eastern oil being shut down??
thanks,
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“The gift of mental power comes from God, Divine Being, and if we concetrate our minds on that truth, we become in tune with this great power. My Mother had taught me to seek all truth in the Bible.”