Comments on: Benefits of Expensive Oil http://www.productivity501.com/benefits-of-expensive-oil/990/ Pieces of the productivity puzzle. Fri, 19 Mar 2010 13:42:17 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Utah’s 4 Day Work Week : Productivity501 http://www.productivity501.com/benefits-of-expensive-oil/990/comment-page-1/#comment-130257 Utah’s 4 Day Work Week : Productivity501 Fri, 23 Oct 2009 15:32:06 +0000 http://www.productivity501.com/?p=990#comment-130257 [...] we mentioned that Utah was trying a 4 day work week to save energy.  The results are in and there was very little energy savings.  However, they made [...] [...] we mentioned that Utah was trying a 4 day work week to save energy.  The results are in and there was very little energy savings.  However, they made [...]

]]> By: Bosco http://www.productivity501.com/benefits-of-expensive-oil/990/comment-page-1/#comment-83912 Bosco Thu, 14 Aug 2008 01:41:31 +0000 http://www.productivity501.com/?p=990#comment-83912 ok, 100's was an overstatement :) ok, 100’s was an overstatement :)

]]> By: Bosco http://www.productivity501.com/benefits-of-expensive-oil/990/comment-page-1/#comment-83911 Bosco Thu, 14 Aug 2008 01:40:04 +0000 http://www.productivity501.com/?p=990#comment-83911 Oil prices went down because of the incentive to find and drill for more went up leading to an oversupply and stable prices for 30 -35 years. Isn't it a little less than coincidental during this time 85% of the US was placed off limits to drilling? A move that seems to mirror your argument it is only through high oil prices will there be incentive to research for alternatives. In essence let's charge the American people 10's if not 100's of billions dollars a year in artificially higher prices in order to spur innovation? Well why not eh? Isn't that what Euro's do with extremely high gas prices and have been doing? So where is their innovation? There is no doubt there is a gold mine at the end of the alternative energy rainbow. Why isn't it incentive enough? You do know the government makes more off oil than the oil companies themselves? You do know the so-called "corporate welfare" for oil companies is countered by ever increasingly numerous and large "tax incentives" for all sorts of alternative schemes. Besides since when has the government been shy about throwing money at pet projects? Given the above, high Euro gas taxes for the past decades, given the huge payoff of alternative energy substitutes either for auto's or electrical power, AND government backing why we need to force poor and middle class to artificially pay more then they might otherwise have too while waiting for Messiah Gore and Pelosi to lead out of the darkness? My own suggestion is, power. Political power. Prolly the 80/20 rule applies. The green movement is 20% 'green' and 80% political power. Oil prices went down because of the incentive to find and drill for more went up leading to an oversupply and stable prices for 30 -35 years. Isn’t it a little less than coincidental during this time 85% of the US was placed off limits to drilling? A move that seems to mirror your argument it is only through high oil prices will there be incentive to research for alternatives. In essence let’s charge the American people 10’s if not 100’s of billions dollars a year in artificially higher prices in order to spur innovation? Well why not eh? Isn’t that what Euro’s do with extremely high gas prices and have been doing? So where is their innovation?
There is no doubt there is a gold mine at the end of the alternative energy rainbow. Why isn’t it incentive enough? You do know the government makes more off oil than the oil companies themselves? You do know the so-called “corporate welfare” for oil companies is countered by ever increasingly numerous and large “tax incentives” for all sorts of alternative schemes. Besides since when has the government been shy about throwing money at pet projects?
Given the above, high Euro gas taxes for the past decades, given the huge payoff of alternative energy substitutes either for auto’s or electrical power, AND government backing why we need to force poor and middle class to artificially pay more then they might otherwise have too while waiting for Messiah Gore and Pelosi to lead out of the darkness?
My own suggestion is, power. Political power. Prolly the 80/20 rule applies. The green movement is 20% ‘green’ and 80% political power.

]]> By: Dustin Huibregtse http://www.productivity501.com/benefits-of-expensive-oil/990/comment-page-1/#comment-83654 Dustin Huibregtse Tue, 12 Aug 2008 14:23:42 +0000 http://www.productivity501.com/?p=990#comment-83654 Great argument on both sides, but I am having a hard time with the comment. I believe you are correct in the fact that the arguments about expensive oil were made forty years ago, but wouldn't it be true to say that because oil went back down in cost that people backed off of all the research? That people backed away from the information related in this article? I believe in innovation, and I also believe that the first company to hit the gold mine first as well as the first country to create the most, not alternative, but the next best fuel will be better off. No more paying into the super development of other countries and time to reinvest back home. Great post Mark! Great argument on both sides, but I am having a hard time with the comment.

I believe you are correct in the fact that the arguments about expensive oil were made forty years ago, but wouldn’t it be true to say that because oil went back down in cost that people backed off of all the research? That people backed away from the information related in this article?

I believe in innovation, and I also believe that the first company to hit the gold mine first as well as the first country to create the most, not alternative, but the next best fuel will be better off. No more paying into the super development of other countries and time to reinvest back home.

Great post Mark!

]]> By: Bosco http://www.productivity501.com/benefits-of-expensive-oil/990/comment-page-1/#comment-83161 Bosco Fri, 08 Aug 2008 03:47:20 +0000 http://www.productivity501.com/?p=990#comment-83161 #2. Drilling for our own oil brings manufacturing back also. #3. Lowering unemployment would make more sense if low-wage illegals weren't doing the labor eh? Doesn't the concern about exporting jobs seem contradictory to the lack of concern about importing cheap labor. #4. The one thing the Euro's seem to have right is not so much the control of urban sprawl but the lack of urban and rural eyesore advertisement and more human building codes. #5. Public transportation is a joke. Everywhere. Amtrack works because the rest of the nation pays for the NE to afford it. Recently as ridership on public buses increased so did the cost. Paying $3 to wait on a ride to and from ONE place (heaven forbid you have a doc's appointment AND want to go shopping) that is only 10 miles away AND it's a humid 90-95 degrees out isn't really a solution for many people. Actually for very few people. Not everyone lives in downtown big city USA or perfect climate Mexifornia. #6. More people could work from home, part of the time, at least. Again though I doubt the numbers are so large that even with 100% compliance it matters. You know the mantra is it will take 10 years for oil drilled now to make it to the market, a wildly inflated number, says nothing of the time for 'alternative energy' to come online. Remember the 70's oil crisis the VERY SAME arguments were being made as they are today. That was 40, FORTY YEARS ago, ya well, where is all the alternatives? Apparently we are willing to quit drilling on the bet Messiah Gore and Pelosi by sheer willpower and dictate have the solutions otherwise hidden the last 40 years. If throwing money at it and demanding alternatives were the answer why haven't the Euro's done it? #2. Drilling for our own oil brings manufacturing back also.
#3. Lowering unemployment would make more sense if low-wage illegals weren’t doing the labor eh?
Doesn’t the concern about exporting jobs seem contradictory to the lack of concern about importing cheap labor.
#4. The one thing the Euro’s seem to have right is not so much the control of urban sprawl but the lack of urban and rural eyesore advertisement and more human building codes.
#5. Public transportation is a joke. Everywhere. Amtrack works because the rest of the nation pays for the NE to afford it. Recently as ridership on public buses increased so did the cost. Paying $3 to wait on a ride to and from ONE place (heaven forbid you have a doc’s appointment AND want to go shopping) that is only 10 miles away AND it’s a humid 90-95 degrees out isn’t really a solution for many people. Actually for very few people. Not everyone lives in downtown big city USA or perfect climate Mexifornia.
#6. More people could work from home, part of the time, at least. Again though I doubt the numbers are so large that even with 100% compliance it matters.

You know the mantra is it will take 10 years for oil drilled now to make it to the market, a wildly inflated number, says nothing of the time for ‘alternative energy’ to come online. Remember the 70’s oil crisis the VERY SAME arguments were being made as they are today. That was 40, FORTY YEARS ago, ya well, where is all the alternatives? Apparently we are willing to quit drilling on the bet Messiah Gore and Pelosi by sheer willpower and dictate have the solutions otherwise hidden the last 40 years. If throwing money at it and demanding alternatives were the answer why haven’t the Euro’s done it?

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