Comments by sidney
Page 1 of 3 | Next
Posted on July 17 at 8:03 a.m.
Yeahuhhuh, it seems to me that you are missing some key points. Most of the drilling that is being discussed would actually not deliver any oil for quite some time. However, to the cartel known as OPEC the decision to drill would signal that there product is going to be come less valuable when that production would come on line therefore they would immediately begin to produce more, since to hold would mean they are saving it for less value.
Your comments on increasing the deficit seem irrational as well. The deficit is not based on the price of oil but on the amount the government spends, so that needs to be addressed through less spending. The government does benefit from the high oil prices due to the increased tax revenue but have you noticed any decrease in spending? I haven't.
A large portion of the price of oil also comes from the devaluation of the dollar due to the number of dollars flowing over seas. While a depressed dollar helps some (manufacturing) it does, as we understand now, drive up imports, of which oil is one.
But all Americans need to understand that there are a number of factors driving price, which have nothing to do with automobiles or the amount we drive. Only about 4 gals of a 55 gal barrel of oil is ever used for transportation, or at least automobile transportation. The rest is used for manufacturing.
Last but not least, the record profits of oil companies are still only producing an overall profit of about 8-10% for those companies. They still have cost, such as labor, taxes, and expenses such as new drilling rigs etc. So those evil oil companies are not doing any thing except what they are supposed to do such as provide jobs, deliver a product and make a profit. None of us were complaining in the late 90's when companies such as Gulf went broke now were we? And right now at least about 30% of the cost of oil is caused as much by the fear of the future, so that people buying oil today are essentially betting in the future the price of oil will go up, thus driving the price up today. Study Holland and tulips in the 1600’s and you’ll see the best way to beat a speculator is in fact to produce more when you can.
What we do need to be on the watch for is to make sure that competition is allowed to flourish so that at some point we can in fact import such things as the new Japanese car that converts water to hydrogen and oxygen and expels the oxygen and uses the hydrogen. But this rail against oil companies is silly. They are in the business to drill for oil, sell it and take the money in profit. If they did not do that then we would have no oil at all.
We are all capitalist until it hurts a little.
Posted on July 9 at 12:15 p.m.
Ok seriously, am I wrong in thinking that the "hydro" (meaning water) sits on top of the Mississippi so that the water (hydro) as it passess underneath turns the turbines that generate the electricity? I think that is what or how it was designed? So if any one knows one way or the other if I am correct, please say yes or no.
Second, my May utility bill was higher than my April utility bill with no increase in consumption on my part.
Now if I am some how missing why the price of natural gas would cause the price of operation of a "hydro" plant to increase please some one tell me. But if I am correct in remembering that the whole purpose of the plant originally was to provide a cheaper, constantly being feed by the current of the river, source of power, should not the City be selling any excess power to LPL and generating revenue that way instead of using natural gas as an excuse to raise prices? Why would you need a fuel adjustment factor on a fuel source that is free?
Posted on July 9 at 8:40 a.m.
I thought that the hydro plant was operated by the current in the river? If so what does the increase in natural gas have to do with the river flow?
Posted on July 6 at 10:55 a.m.
Only about 4 gallons of oil per barrel ever make it to a gas pump. The rest is consumed in a variety of other ways such as plastics, so the concept of consumption making a difference would have to extend to far more than the automobile. Do you think some how our reduction will cause China and India to demand less?
Right now, the devalued dollar is worth 50% of the price increase and more domestic production would reduce the out flow of dollars and additionally create the idea that America was also serious about becoming less foreign oil dependent, thus dropping the price because of speculation, about another 25%.
While no one can argue that we need more energy types, such as nuclear and coal, we also need to quit using ethanol which takes 1.2 gallons of gas per gallon to produce one gallon of ethanol and drives up the price of corn therefore driving up the price of most other foods.
A recent Wall Street Journal article pointed out that Americans want the Arab countries to give us more of what they have, charge us less for it, so that we can keep what we have. Whenever one assumes that the Saudi’s are the bad guys, or Exxon-Mobile, as they drive one person in a 17-mile a gallon car, to Wal-Mart for the fourth time, to pick up over priced bread cause of the cost of corn, who are the bad guys?
The solution to our energy problems is to drill and refine off of our entire coast and all federal lands where oil exist. While it will drive the price down, the great concept of greed or money will cause some worthy entrepreneurs to continue to still seek a better more efficient automobile engine. My son recently pointed out to me correctly that of all the innovations that we have, phones, TV's, appliances, houses, etc., the internal combustion piston engine is the only one that has not changed significantly in the last 40 or 50 years, maybe really since its invention and high gas might just do that.
But the one thing we all know is this. If we don’t increase drilling and continue to seek cost efficient energy alternatives, then we sure nuff want have any more oil.
Posted on May 15 at 7:39 a.m.
Congratulations to Amanda.
Posted on March 9 at 9:11 a.m.
emp-I doubt Gene will have to act like Glen Lipsey , since Glen McGlothin, didn't act like Randy by receiving illegal votes.
Like you locelyokel I am just surprised at how many votes Gene got at all. I think this should drive home to Justin that as a politician he really doesn't have much of a future. I have always heard that he is a good preacher and maybe that is what he should stick to because he does not seem to be able to win nor is he able to deliver his votes to some one else. Justin if you read this, God probably doesn't need another politician, but he can always use a true man of God.
As far as making Ferriday "look" better , what Ferriday needs is to get rid of its dealers, the uses will leave if there are no dealers; parents that care making kids study and act right; and the school system that will teach and not make allowances for race (I can not help but wonder why educators that are primarily a majority black are willing to accept such sub-standard behavior from their pupils, primarily black).
Columbia, La spent massive amounts of money in the 1990's so it will look better only to have the bridge moved so all the traffic now bypasses the down town. THe absolute best that a town or city can do is reflect the quality of its citizens. Maybe that's what Ferriday looks like.
Good Luck, Glen.
Posted on March 8 at 7:24 a.m.
If you think ferriday is becoming a tourist town, you must be blind.
Posted on December 27 at 9:07 a.m.
Justins mistake was to have actually had other documentation saying this Dixon lady could sign for him. That all sounds to legal to be allowed in a Concordia Parish election. If in fact it had been hidden and illegal, might would have a chance of standing.
Posted on December 13 at 11:44 a.m.
I have read the Court records and the minutes and I will simply say that a "Source" in the Court house summed it up best when they said-essentially Marchman ruled that you knew they were cheaters and you should have caught them cheating sooner- now that sure is real legal sounding and certainly all about fair play isn't it. Not to mention that the individual and the office being discussed is the primary law enforcement agency in the Parish.
But the whole ruling is illogical starting with the fact that the judge cited a sustained objection as part of her reasoning in support of her conclusion. That's saying essentially that what the person said isn't allowable but I'll use it any way and don't forget the fact that either she-the judge-can't count or they the CPSO lied to her about the number of employees. Last published estimate from CPSO about the number of employees was 240 not one hundred. But then listen to the Rm when he tells the print media it is all technicalities any way.
Ain't the law some thing!
Oh and my apologies to the Sentinal who so object to anonymus postings, yet because of their editors own legal situation would not take a principled stand in this last election.
Page 1 of 3 | Next
Posted on August 22 at 6:09 a.m.
(This comment was removed by the site staff.)
On Skipper accuses judge of improprieties