Oil Prices Rise Above $46 Per Barrel

[Yo_Mama_Been_Loggin]

By BRAD FOSS, AP Business Writer

WASHINGTON - Oil prices rose above $46 per barrel Monday after reports that embattled Russian oil giant Yukos suspended some oil exports to China and as traders expect further declines in the U.S. petroleum supply due to production, refining and shipping delays caused by Hurricane Ivan.


Light crude for October delivery was up 56 cents to $46.15 per barrel in midday trading on the New York Mercantile Exchange. In London, Brent crude for November delivery gained 12 cents to $42.57 per barrel.


While many workers who had been evacuated from oil production platforms and refineries in and around the Gulf of Mexico last week are returning to work, analysts remain cautious about just how long it will take for output and shipments to resume to normal levels.

http://story.news.yahoo.com/news?tmpl=story&u=/ap/20040920/ap_on_bi_ge/oil_prices

[joefree1]

1. How many lives to the Gallon does that Hummer get?

Bush can't even get his HOILY war together.

[Wells]

2. Hydrogen fuel cell vehicles are a HOAX...

If you want to be ahead of the pack with alternate energy, drop Hydrogen fuel cell, altogether. It's a waste of time.

Fuel cell development is directed mostly into the transportation sector. The most advanced technology in that field is Hybrid, not Hydrogen.

Hybrids can run on any alternate fuel, including hydrogen. Any internal combustion engine paired with an electric generator/motor drive train, maximizes fuel efficiency, emission controls and engine longevity. Bio-diesel fuels are best run on a Hybrid drive train.

Hybrids are applicable to the entire vehicle fleet range, compact car to heavy frieght. Hydrogen is only applicable to light passenger/van, and will always have a limited mileage range.

Hybrid battery packs can be small or large. The larger the better, because battery weight, mounted low on the frame, improves stability and handling; a safety advantage lightweight fuel cell vehicles don't create. Various crash tests prove super-lightweight vehicles are less safe.

Larger Hybrid battery packs can operate many miles burning no fuel, and can be recharged via the grid, rooftop solar panels, or other sources.

The batteries are a more reliable household energy supply than Hydrogen, which will not be practical to generate at household scale.

Battery development is another alternate energy source. Focusing on Hydrogen neglects a dozen alternate fuels and batteries.

General Motors is LYING to the country about the potential for Hydrogen fuel cell automobiles. GM's AUTOnomy prototype 'drive-by-wire' technology is preposterous. Electronic steering?

No car, no matter how fueled, is sustainable technology. Transit, walking and bicycling infrastructure, along with development patterns that support these "alternate" means of travel are more critical than emissions at the tailpipe. Hybrids go further than Hydrogen toward solving this greater problem.



So, Why has the Bush administration dropped Hybrid R&D and replaced it with Fuel Cell R&D? Among the many probabilities, the most prominent may be Hybrid battery pack recharging over the grid or other sources, thus eliminating oil company control over fuel-energy. Hydrogen production can be monopolized.

[Wells]

3. No blood for Oil....

What sense can be made from Neo-conservative planning that discards the viable technologies to replace petroleum and mechanization?

[mirandapriestly]

4. One Good Thing

this chart is interesting from Professor Polkatz. It show the close relationship between support for Bush and the price of gas. So that is one good thing about prices going up.

[mirandapriestly]

5. oops

I just meant to put the link in not the chart, sorry, I'm batting zero with my posting efforts