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<P>Seems to me that would raise the price of refined products, not crude oil.<BR><BR></P></DIV>
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<DIV></DIV>From: <I>Donovan Arnold <donovanjarnold2005@yahoo.com></I><BR>To: <I>Phil Nisbet <pcnisbet1@hotmail.com>, vision2020@moscow.com</I><BR>Subject: <I>RE: [Vision2020] Building and development planning</I><BR>Date: <I>Thu, 18 Aug 2005 15:39:23 -0700 (PDT)</I><BR>>I was under the impression that the reason that oil<BR>>prices are going up is not because of a lack of oil<BR>>but because oil refineries are not able to keep up<BR>>with demand.<BR>><BR>>Correct me where I am wrong here, somebody.<BR>><BR>>Donovan J Arnold<BR>><BR>>--- Phil Nisbet <pcnisbet1@hotmail.com> wrote:<BR>><BR>> > Tom<BR>> ><BR>> > Mark is a very serious environmental activist, so I<BR>> > am not sure why you<BR>> > would direct such a comment to him.<BR>> ><BR>> > As for who
benefits from increased crude costs, the<BR>> > answer is the people who<BR>> > hold or own crude oil reserves.<BR>> ><BR>> > 1. Saudi Arabia 261.9<BR>> > 2. Canada 178.81<BR>> > 3. Iran 125.8<BR>> > 4. Iraq 115.0<BR>> > 5. Kuwait 101.5<BR>> > 6. United Arab Emirates 97.8<BR>> > 7. Venezuela 77.2<BR>> > 8. Russia 60.0<BR>> > 9. Libya 39.0<BR>> > 10. Nigeria 35.3<BR>> ><BR>> > http://www.infoplease.com/ipa/A0872964.html<BR>> ><BR>> > Or if you prefer that on the basis of production<BR>> > rather than reserves<BR>> ><BR>> > http://www.infoplease.com/ipa/A0922041.html<BR>> ><BR>> > You can also look at the top ten oil importers as<BR>> > countries.<BR>> ><BR>> > So the top dogs, the Saudis, are making money quite<BR>> >
nicely.<BR>> ><BR>> > But it might interest you to note that Norway is the<BR>> > third largest exporter<BR>> > of oil. Canada has the second largest reserves. So<BR>> > if invading countries<BR>> > for their oil was the idea, invading Norway would<BR>> > look pretty good as would<BR>> > invading Canada.<BR>> ><BR>> > Heck, Mexico produces and exports more oil than Iraq<BR>> > and they at least have<BR>> > a great local beer.<BR>> ><BR>> > So who is 'making money'? The big winners are the<BR>> > top exporters, Saudi<BR>> > Arabia, Russia and Norway and the big losers are the<BR>> > USA, Japan and China<BR>> > since they import the largest amount of fuel. In<BR>> > the US thats four billion<BR>> > barrels of fuel a year at a
current cost of a<BR>> > quarter of a trillion dollars,<BR>> > but the Japanese are not far behind us.<BR>> ><BR>> > The real clue on it all is per capita oil<BR>> > consumption and each and every<BR>> > American is using over 20 barrels of oil a year,<BR>> > compared to a Japanese<BR>> > using 15 Barrels or a German using 12.4 Barrels.<BR>> > The differences are<BR>> > related to life style in industrialized nations and<BR>> > also to production of<BR>> > alternatives, like Nuke power. Our actual BTU<BR>> > consumption of energy is only<BR>> > slightly higher than other industrialized nations.<BR>> > But they take the train<BR>> > and tax gas to almost twice the price of US prices.<BR>> > Its interesting to note<BR>> > that Canada has as high an oil consumption as we
do<BR>> > per capita, largely due<BR>> > to their similarity in life styles.<BR>> ><BR>> > Now I know you want to lay claim that the bulk of<BR>> > all that cash is flowing<BR>> > to the hands of 'giant oil companies', but its tne<BR>> > national oil companies of<BR>> > a few countries who are the ones making the killing.<BR>> > PEMEX or Aramco are<BR>> > doing one heck of a lot better than Exxon or<BR>> > Chevron, because they simply<BR>> > own more oil and produce more oil than do the down<BR>> > streamers like the US oil<BR>> > firms have become.<BR>> ><BR>> > So rebuild our trains and do not turn them into<BR>> > trails.<BR>> ><BR>> > Start supporting local production rather than trying<BR>> > to stop every mine and<BR>> > every timber sale and
every other bulk commodity<BR>> > from getting into<BR>> > production. Don't be a NIMBY.<BR>> ><BR>> > Support Nuke plants, like the Japanese and Germans<BR>> > do.<BR>> ><BR>> > And get behind programs like this one;<BR>> ><BR>> > http://www.eere.energy.gov/windandhydro/<BR>> ><BR>> > Because its right in our backyard, the INL program<BR>> > on hydropower is worth<BR>> > looking at, especially the low head site program<BR>> > they initiated over a<BR>> > decade ago, http://hydropower.inel.gov/<BR>> ><BR>> > Because, Tom, when they blocked every Nuke plant,<BR>> > blocked every low head<BR>> > hydro development, stopped every natural gas<BR>> > development, blocked geothermal<BR>> > drilling, protested windmills and a whole lo5t more,<BR>>
> while at the same time<BR>> > keeping up the same old life styles, yes, a good<BR>> > many environmental<BR>> > activists stand as guilty as the rest of us and<BR>> > perhaps more that we are<BR>> > seeing the price of oil leap.<BR>> ><BR>> > Chance how we supply energy and change how we demand<BR>> > it, that is whats<BR>> > needed, the demand side is up to you, not the oil<BR>> > companies.<BR>> ><BR>> > Phil Nisbet<BR>> ><BR>> ><BR>>_________________________________________________________________<BR>> > Dont just search. Find. Check out the new MSN<BR>> > Search!<BR>> ><BR>>http://search.msn.click-url.com/go/onm00200636ave/direct/01/<BR>> ><BR>> ><BR>>_____________________________________________________<BR>> > List services made available
by First Step<BR>> > Internet,<BR>> > serving the communities of the Palouse since 1994.<BR>> ><BR>> > http://www.fsr.net<BR>> ><BR>> > mailto:Vision2020@moscow.com<BR>> ><BR>>ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ<BR>> ><BR>><BR>><BR>><BR>>____________________________________________________<BR>>Start your day with Yahoo! - make it your home page<BR>>http://www.yahoo.com/r/hs<BR>><BR>><BR>>_____________________________________________________<BR>> List services made available by First Step Internet,<BR>> serving the communities of the Palouse since
1994.<BR>> http://www.fsr.net<BR>> mailto:Vision2020@moscow.com<BR>>ŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻŻ<BR></FONT></BLOCKQUOTE></div></html>