NYC? LA?
No. It's Williston, ND! Blame it on the oil boom.
http://www.philly.com/philly/news/na...9e44cc510.html
That was reported on the evening News also.I imagine that sentiment would get you banned from the Texas boards; that's probably the source of big hobby dollars down that way.
What's amazing is the USA now is producing and exporting more oil and natural gas than Saudi Arabia, yet gas prices are going up at the pumps! So much for 'supply & demand' along with the 'free market system', which is a myth....LOL
In reality ALL is manipulated today by powerful corporate forces. It's time for some serious trust busting and serious regulation to put some fear into these thieving crooks! Originally Posted by Celso
I'd be fine if the raised gas 25-50% in taxes, they could cover the debt in short order. Originally Posted by JohnnyCapLOL, Banks wouldn't like that at all!!!
LOL, Banks wouldn't like that at all!!!Yep, there is the source of the rest of the hobby funds, if you include Wall Street finance with banking.
Banks love the debt and all the interest money they make off our perpetual debt. Pay off the debt and the Bank's gravy train ends. Our massive debt is money in their Banks.... Originally Posted by Celso
The good news: The US could be energy independent and our trade deficit could be reduced.Jack, any thoughts on oil sands? I figure eventually we will have to use them, but they're fighting the Canada pipeline last I heard.
The bad news: The new-found deep oil and gas reserves have to be extracted using fracking, with highly uncertain environmental consequences. Also, the earth's fossil fuel will be used up sooner or later, and the apparent abundant oil and gas reserves will slow down the development of and transition to renewable energy. Originally Posted by jackfengshui
Jack, any thoughts on oil sands? I figure eventually we will have to use them, but they're fighting the Canada pipeline last I heard. Originally Posted by JohnnyCapThe Keystone pipeline has become a no-win dilemma for the Obama administration. The US now has so much deep oil reserves that Alberta tar-sand oil has become a less important source of supply. On the other hand, the environmental risks of the pipeline are probably over-stated. If Obama turns down the pipeline, he will be attacked by the right and alienate the Canadians. If he approves the pipeline, he will be attacked by the left.
The US now has so much deep oil reserves that Alberta tar-sand oil has become a less important source of supply. Originally Posted by jackfengshuiExactly!