OT- Oil futures- was Why General Motors is doomed

Jul 20, 2006 8 Replies


You and Ed Begley can drive your EV1's and Prius's all you want, your


> free to protest the nuclear plants, (that really helped BTW) and tear down
> the hydroplants. Oil is here, will stay a major source of power for > several
> more generations. If the green people had a lick of sense, they would be
> devoting their resources into ways to generate electricity (massive > amounts)
> without using fossil fuels. They would buy products made locally, not > from
> places that have to ship them across the ocean in fuel guzzling ships. > They
> would only use natural fibers (cotton - animal fur) not synthetic ones > made
> from petroleum.
>
> The hypocrisy and self aggrandizement is amazing.
>Michael Daly said:
>You seem to think that waste=freedom. Well, waste=waste and with the US >using
>far more energy than it can produce domestically, freedom is threatened by >being
>dependent on foreign resources. How many of your children are you prepared >to
>send to die in foreign wars to maintain a wasteful lifestyle?

Something to ponder: Let's use up all of the Middle East oil first. Like Bahrain has. They now have nothing to sell. They, like Bahrain will have to become an importer of goods. Their closed society will have to become part of the "Flat World" as Friedman pointed out. They will have to rely on their people as a resource and again, like Bahrain, will have to moderate to succeed.


Since Canada alone has by some estimates, 1.6 trillion barrels of oil compared to Saudi Arabia's 250 billion barrels of reserves, I doubt the next few dozen generations will have much to worry about. I do believe that we should act responsibly, conserve and control emissions, not just for our sake but for the sake of the planet. That means, we (as a country) must stop buying products produced by countries that have no pollution control over their manufacturing.


It would take a 1,000,000 conversions from my truck to Hybrid vehicles to equal the pollution of a few days of China's steel production alone. (No real facts to back that up - but if you Google it, you'll find them)


Lastly, If the past 100 years is any indication, our descendants will create technologies that will render oil production to a trickle. Or they will witness the earth's tipping point first hand.


Dave


Canada has 1.6 trillion barrels of oil ? Why have we not invaded Canada yet?

Our descendants?? Your seeing it NOW

Because they are our friend. But keep next Tuesday open anyway. Rain date Thursday.

"Teamcasa" wrote in news:1153427383 snipped-for-privacy@sp6iad.superfeed.net:

What do you think of when you think GM? Do you think of cars and pickups or do you think of GMAC, Electromotive, Allison Transmission/Turbine, Delco Electronics, Delco-Remy and more?

I doubt that GM is going under anytime soon.

Maybe 30 years ago, but not today.

Last time I was in Allison, it was part of Detroit Diesel and looked like a morgue.

Penske gobbled up DDA, but lost track of what happened to Allison.

Rigamortis had already set in at Electromotive.

This was mid 80's.

Who is Delco?

Ever hear of Delphi who is about to go B/K?

GM has come a long way down hill since the days of 55% market penetration.

Lew

A pension and healthcare obligation larger than their projected income?

How many of those are still part of GM? For sure Allison (along with Detroit Diesel) was sold years ago.

"R. Pierce Butler"

I agree. GM will do just fine and in time, the union issues will work themselves out and as product continues to evolve and improve.

Dave

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required