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Vandy Grift Inner circle Milwaukee 3504 Posts |
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On 2008-02-26 10:35, airship wrote: It's pressure from the "greens" and also from lobbists who have gotten to people on both sides of the aisle here in WI. It's a lousy idea dn they ought to give it up. It's lousy fuel, it's more expensive, it's not environmentally friendly and it's driving up food costs. It's a BAD idea. We don't need to put our food into our fuel tanks, there is no shortage of oil.
"Get a life dude." -some guy in a magic forum
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Justin Style Inner circle 2010 Posts |
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On 2008-02-26 11:38, DStachowiak wrote: Sabarro ain't real pizza! It was invented for tourists and malls. |
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Doug Higley 1942 - 2022 7152 Posts |
Ditto Justin. Garbage.
Pizza is so crappy out here in leftyville (Tofu Pizza?) that we only buy the Red Baron anymore to get best taste. We can get a couple of large for $6 when on sale. (every other week) The 4 Cheeze Thin crust is really good stuff...We add our own Pepperoni. mmmm Pizza.
Higley's Giant Flea Pocket Zibit
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balducci Loyal user Canada 227 Posts |
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On 2008-02-26 01:01, MagicSanta wrote: How can you blame the oil companies? Oil only sounds high in price because it is still usually quoted in US dollars, and the USD has lost so much of its value in recent years. http://au.finance.yahoo.com/currency/con......t=1&t=5y http://au.finance.yahoo.com/currency/con......t=1&t=5y Quote the price of oil in Euros or in CDN dollars, and the price of oil hasn't gone up as much as you think. Here is pretty nice little, simple analysis of oil prices, and how they relate to the value of the CDN dollar: http://economics.about.com/od/canada/a/exchange_ooil.htm It shows that about 71% of the increase in oil prices can be 'explained' by the decline in the American dollar, relative to the CDN dollar. This analysis was done a few years ago, but the data seems to have continued along the same path since then.
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
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balducci Loyal user Canada 227 Posts |
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On 2008-02-26 11:38, DStachowiak wrote: About how much does Sbarro want?
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
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evolve629 Inner circle A stack of 3838 Posts |
According to Lester Brown, Founder of the Earth Policy Institute think tank in Washington, D.C., the amount required "to fill a 25-gallon SUV tank with ethanol will feed a person for a year."
This is insane... They better let the farmers plant more wheat so that I can continue to drink my Shaker's !
One hundred percent of the shots you don't take don't go in - Wayne Gretzky
My favorite part is putting the gaffs in the spectators hands...it gives you that warm fuzzy feeling inside! - Bob Kohler |
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balducci Loyal user Canada 227 Posts |
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On 2008-02-26 15:04, evolve629 wrote: That was in July, 2006: http://www.earth-policy.org/Updates/2006/Update55.htm "The grain required to fill a 25-gallon SUV gas tank with ethanol will feed one person for a year. The grain it takes to fill the tank every two weeks over a year will feed 26 people." He goes on to say: "There are other fuel options as well. While there are no alternatives to food for people, there is an alternative source of fuel for cars, one that involves shifting to highly efficient gas-electric hybrid plug-ins. This would enable motorists to do short-distance driving, such as the daily commute, with electricity. If wind-rich countries such as the United States, China, and those in Europe invest heavily in wind farms to feed cheap electricity into the grid, cars could run primarily on wind energy, and at the gasoline equivalent of less than $1 a gallon."
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
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Vandy Grift Inner circle Milwaukee 3504 Posts |
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On 2008-02-26 15:12, balducci wrote: Bogus. Wind is not the answer. Not now anyway. They need to make a huge investment to make wind anywhere near viable. Investment in R&D that will bring the costs down and increase efficency. And those windmills are an eyesore. The visual pollution that they cause are far worse than any other sorts of pollution they help reduce. The answer is R&D for all these issues. Create alternate forms of fuel that are practical and AFFORDABLE and the problem will fix itself. Quit trying to mandate inefficent and expensive alternatives.
"Get a life dude." -some guy in a magic forum
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balducci Loyal user Canada 227 Posts |
More about wheat. Another record for wheat prices:
Wheat prices rally to record ROMA LUCIW Tuesday, February 26, 2008 Wheat prices rallied to record highs on U.S. futures markets Tuesday as investors bid up the agricultural commodity on signs demand is outpacing supply. The recent runup is “nothing short of astonishing,” said Dennis Gartman, an influential U.S. stock newsletter writer. “These are prices never, ever dreamt of in the ag-econ classes” at schools like Kansas State or North Dakota State, he said. Wheat for May delivery topped $12 a bushel for the first time ever, jumping 90 cents to $12.145 on the Chicago Board of Trade. It is the grain's biggest one-day jump in five years. Wheat was trading at $4.75 a bushel last February and at $3.70 a bushel two years ago. Darin Newsom, a senior analyst with Omaha, Neb.-based agriculture consultants DTN, said that in his 20 years in the business, he has never witnessed this kind of activity. “This is a whole new time and we are seeing new realities,” he said in an interview. The spike in wheat price is being driven, in part, by a classic supply shortfall. Last year's U.S. harvest was hurt by excessive rainfall, at the same time as global crops yields in places like Australia, Canada, Ukraine and Russia suffered, Mr. Newsom said. “So many countries had shorter crops last year that world stocks have decreased to 30-plus-year lows,” he said. Wheat's gains are also being fuelled by a wave of speculators, investors seeking alternative investments at a time when the U.S. economy is slowing and financial markets are grappling with credit woes. Agricultural futures markets are being increasingly whipsawed by speculative investors - commodity and hedge funds, as well as index funds that are buying wheat as a hedge against inflation. “Investors are looking for a hedge against inflation and commodities provide that,” Mr. Newsom said. “We have the perfect combination of unchecked investment buying along with a supply-driven scare in the fundamental side. The market has simply exploded.” On the Minneapolis Grain Exchange, red spring wheat - the dominant variety grown on the Canadian Prairies - hit $24 a bushel on Monday, the first time any U.S. wheat contract has topped $20. Patricia Mohr, vice-president of economics and commodity markets specialist at Bank of Nova Scotia, said the U.S. Department of Agriculture expects “very tight market conditions” for wheat and other coarse grains in the 2007-08 crop year. Wheat stocks in Canada are expected to drop to 4.9 million tonnes for the end of this year - the lowest since modern record-keeping started in 1972. “While wheat prices will likely ease back seasonally next spring and summer, as new crop supplies become available, prices should remain elevated for some time,” Ms. Mohr said. “High-quality bread wheat - grown mostly in Canada and the United States - is in particularly short supply, with price premiums widening significantly.” Higher commodity prices, including soaring wheat, are driving up costs for food companies like Toronto baker and pork processor Maple Leaf Foods Inc. That means consumers will likely be digging deeper in all aisles of the grocery store. “Prices will keep going up and that reflects the underlying rise in commodity and crops ... all these markets have had substantial rallies,” Mr. Newsom said.
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
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The Drake Inner circle 2274 Posts |
Wheat prices may drop sometime but you won't see it reflected in Pizza prices. LOL Once a price is accepted it won't be dropped.
During that period when gas hit a record high two years ago many companies raised prices blaming the extra cost of shipping. A friend of mine takes a morning walk everyday and at the half way point is a 711. She made it a habit to drop in and buy a bottle of orange juice at the 711 before she turned back and headed home. One day the price was 30 cents higher than normal and when she asked about the sudden price jump the cashier told her it was to offset the extra gas charges they have to pay. Two months later the gas hike was over and prices settled back down to normal but...you guessed it... the price of that bottle of orange juice stayed the same. LOL The truth is that there is extremely high profit margins in a pizza. The cost of the contents is marginal and the increase in wheat would add only pennies to the cost to make the entire pizza. The increase is really a reflection on the bigger picture of what it costs to run a business these days. Best, Tim |
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LobowolfXXX Inner circle La Famiglia 1196 Posts |
Ever notice, though, that if you ask the same people who complain about the cost of pizza, gas, groceries, etc. now vs. 20 years ago, it doesn't bother them that their $40,000 house is now worth $500,000 or their $30,000 salary is now $75,000?
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley. "...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us." |
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Justin Style Inner circle 2010 Posts |
That's the second time someone mentioned "complaining" about price. I don't think it is meant for me but just to be clear, I was only reporting (Pizza) news. Besides, I don't worry about cash flow, I'm loaded. I got deep pockets and long arms.
BTW, I eat my pizza two ways: 1) with lettuce, tomato, onion with vinegar and oil. and the second way, just like Tony Manero. hey now... |
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LobowolfXXX Inner circle La Famiglia 1196 Posts |
Justin--
Sorry to not have clarified that; you're quite correct (at least in my case) -- I wasn't intending to imply that you were complaining. The topic (and some of the posts in it) just brought to mind that sort of non-reciprocal reaction most people seem to have to the fact that the price of just about EVERYTHING goes up over time.
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley. "...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us." |
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balducci Loyal user Canada 227 Posts |
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On 2008-02-26 12:31, Vandy Grift wrote: Debatable. Certainly, I'm investing *long* term with exactly the opposite point of view. We'll see in 5, 10, 15+ years whether or not I was right. I'll go Barclays one better, and predict $150 US a barrel by 2015. http://www.iht.com/articles/2008/02/27/b......p?page=2 Oil prices are unlikely to drop any time soon, analysts said. Barclays Capital recently raised its long-term prediction, saying prices could reach $137 a barrel in 2015, up from a previous target of $93 a barrel. "The remorseless move up in long-run prices has not yet fully played out," Barclays analysts said in a note to investors. While demand keeps growing, producers are struggling to catch up. They are not replacing the oil they are pumping out of the ground fast enough because of various restrictions on access to fields, as well as rising costs. Meanwhile, demand from China, India and the Middle East is expected to push oil consumption up by more than 1 million barrels a day, each year, for the next decade. "An oil crisis is coming in the next 10 years," John Hess, the chairman of Hess Corporation, said at a recent conference in Houston hosted by Cambridge Energy Research Associates. "It's not a matter of demand. It's not a matter of supplies. It's both."
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
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MagicSanta Inner circle Northern Nevada 5841 Posts |
For you corn additive fans if you read the Feb issue of Popular Mechanics they have an article on it. Seems it takes 1 gallon of oil to produce 1.3 gallons of the ethonal (sp) and that is being generous with the numbers. It is only a couple pages long and toward the back of the magazine. Also a cool article on new boats and how to make a poker table.
I know how to reduce the price of oil but it involves very bad things. |
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balducci Loyal user Canada 227 Posts |
I'm guessing that this is the Popular Mechanics piece you mean?
http://www.popularmechanics.com/science/earth/4237539.html The article did not report the statistics you quoted as fact. Just something one professor said. The sentences above it said something different. The article also failed to point out how many of gallons of oil it takes to make one gallon of gasoline (MUCH more than just 1.3 ... one source on the web says it takes about 42 gallons of oil to make 19.5 gallons of gas). You should also look at some of the comments following the article: "96. RE: The Ethanol Fallacy: Op-Ed I am appauled that this magazine could print this artical. Misinformation and false facts,and a lack of stating the positives. First. In 2004,the U.S.Department of Agriculture determined that the net energy balance of ethanal production is 1.67 to 1.(For every 100 BTUs of energy used to make ethanal,167 BTUs of ethanal are produced.) The USDA findings have been confirmed by additional studies conducted by the University of Nebraska and Argonne National Laboratory." "91. RE: The Ethanol Fallacy: Op-Ed The efficiency of producing ethanol is far better than your article suggests! In talking to Jeff Broin, CEO of Poet Industries (who operates 13 Ethanol Plants in the U.S.)said, "For every 100 units of corn input the return in output is 166 units in ethanol!" A tremedous difference from your unreliable source, Cornell University. Cornell is like Cal Berkley, they have outdated and miscalculated information that is 50 years old! Both of these universities are providing the American people with false and bogus information about the efficiency of the American farmer and the Ethanol Industry. For one thing, the newer ethanol plants are getting close to 3.0 gallons of ethanol from one bushel of corn."
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
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Vandy Grift Inner circle Milwaukee 3504 Posts |
There is no shortage of oil. I'm not saying that the prices won't go up,or even that supply won't go down. All I'm saying is, there is no shortage of oil.
"Get a life dude." -some guy in a magic forum
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RS1963 Inner circle 2734 Posts |
Very true Vandy. The only time there has ever been a shortage is when it was made up in the 1970's Took a while for anyone to admit it was a hoax made up by the oil companys and th egovernment.. Actually we have more oil here in the U.S. then the whole Middle East.
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Vandy Grift Inner circle Milwaukee 3504 Posts |
And we get most of our oil from Canada and Mexico. They can't even drill for water in Saudi without hitting the stuff.
"Get a life dude." -some guy in a magic forum
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balducci Loyal user Canada 227 Posts |
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On 2008-02-27 15:35, RS1963 wrote: You're talking about oil shale, are you? Well, if you have a cost effective method to recover that oil, you could be rich. Rich like being able to buy and sell Warren Buffet sort of rich. http://pubs.acs.org/subscribe/journals/e......ale.html "Despite all the attempts to develop a shale-oil industry in the U.S. over the past 100 years, the fact remains that no proven method exists for efficiently removing the oil from the rock," says Bob Loucks, a former shale-oil project manager. Efforts to jump-start western shale-oil production during the 1970s propelled the region through a boom-and-bust economy that ended when Congress abolished the $8 billion Synthetic Liquid Fuels Program in 1985.
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
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