Yep, they are getting ready for the new EPA regulations to pretty much put them out of business and have closed boatloads of mines. Lots of people out of work in Kentucky right now.
Rory From: Af [mailto:af-boun...@afmug.com] On Behalf Of Josh Luthman Sent: Thursday, January 15, 2015 9:10 AM To: af@afmug.com Subject: Re: [AFMUG] Gas Prices Wow coal dropped didn't it? Josh Luthman Office: 937-552-2340 Direct: 937-552-2343 1100 Wayne St Suite 1337 Troy, OH 45373 On Jan 15, 2015 11:03 AM, "Travis Johnson" <t...@ida.net<mailto:t...@ida.net>> wrote: What's really funny is that everyone thinks electricity is free. We are still using natural resources to make the electricity: In 2013, energy sources and percent share of total electricity generation were * Coal 39% * Natural Gas 27% * Nuclear 19% * Hydropower 7% * Other Renewable 6% * Biomass 1.48% * Geothermal 0.41% * Solar 0.23% * Wind 4.13% * Petroleum 1% * Other Gases < 1% So coal and natural gas make up 66% of electricity production. Travis On 1/15/2015 8:51 AM, Josh Luthman wrote: Batteries suck too much for that to happen IMO. Josh Luthman Office: 937-552-2340<tel:937-552-2340> Direct: 937-552-2343<tel:937-552-2343> 1100 Wayne St Suite 1337 Troy, OH 45373 On Jan 15, 2015 10:48 AM, "Mike Hammett" <af...@ics-il.net<mailto:af...@ics-il.net>> wrote: Hydrogen seems like a better option to me, or at least a hydrogen hybrid. Normally charge at home, work, whatever, but have a hydrogen tank for range and quick fill up. That or a major increase in the electrical systems to have charging stations all over and you plug in everywhere you go. ----- Mike Hammett Intelligent Computing Solutions http://www.ics-il.com [http://www.ics-il.com/images/fbicon.png]<https://www.facebook.com/ICSIL>[http://www.ics-il.com/images/googleicon.png]<https://plus.google.com/+IntelligentComputingSolutionsDeKalb>[http://www.ics-il.com/images/linkedinicon.png]<https://www.linkedin.com/company/intelligent-computing-solutions>[http://www.ics-il.com/images/twittericon.png]<https://twitter.com/ICSIL> ________________________________ From: "Josh Luthman" <j...@imaginenetworksllc.com<mailto:j...@imaginenetworksllc.com>> To: af@afmug.com<mailto:af@afmug.com> Sent: Thursday, January 15, 2015 8:33:33 AM Subject: Re: [AFMUG] Gas Prices But that car has to restricted to a couple hundred miles of home. Josh Luthman Office: 937-552-2340<tel:937-552-2340> Direct: 937-552-2343<tel:937-552-2343> 1100 Wayne St Suite 1337 Troy, OH 45373 On Jan 15, 2015 9:31 AM, "Chuck McCown" <ch...@wbmfg.com<mailto:ch...@wbmfg.com>> wrote: Solar powered car. Solar powered house. Eventually solar powered garden too. Oil? What is oil? From: Forrest Christian (List Account)<mailto:li...@packetflux.com> Sent: Wednesday, January 14, 2015 8:49 PM To: af<mailto:af@afmug.com> Subject: Re: [AFMUG] Gas Prices For our future, and totally ignoring the short-term repercussions,one of the best things I think that could happen is that the price of oil to go to like $250/barrel and stay there. We really need to spend the money as a country on moving to whatever's next. There are a lot of viable options which should have costs lower than oil. Unfortunately at $50/barrel the R&D and infrastructure buildout costs look silly to spend. (Why spend billions moving to something that costs basically the same as what we have, with an infrastructure already in place). At the $100/barrel pricing things were finally starting to move in the right direction. At even higher, all of a sudden the political and financial motivation is there to make what should be happening happen. On Wed, Jan 14, 2015 at 5:59 AM, David Milholen <dmilho...@wletc.com<mailto:dmilho...@wletc.com>> wrote: Its a ploy to slow production of more energy efficient vehicles. On 1/14/2015 5:30 AM, Forrest Christian (List Account) wrote: There's an old, insightful joke about "what is the best price to sell barrels of oil for", which states that it's something like "$100, $100, $100, $100, $20, $20, $100, $100, $100....." At $100 everyone is eager to turn up production and do things like hydraulic fracturing. At $20, there's a lot of hurt in those same industries. There is a lot of political and economic force in the ability to effectively increase and decrease the rarity of a commodity, and as a side effect, it's price, with a turn of a valve. With additional US sources coming online, and OPEC deciding not to cut production, there's now a glut in the market. The question is ... at what level is this sustainable stateside? I haven't seen a good analysis of the impact of these lower crude prices on domestic production and more importantly our willingness to invest in growth of our production capabilities. Personally, I have mixed feelings. I like the price of gas when I get to the pump, but I also sell into the oil industry, which I sure hope continues to drill wells, since it's very good for my bottom line. -forrest On Tue, Jan 13, 2015 at 6:58 PM, Caleb Knauer <cknauer.li...@gmail.com<mailto:cknauer.li...@gmail.com>> wrote: Yep. Shuts down the oil sands (for a bit), slaps Russia/Venezuela in the face, cranks down on the mid-tier producers like Nigeria trying to squeeze into the market, etc. It's multiple birds with one stone. US oil production will drop, oil sands bubble will pop, and all sorts of gloom and doom until prices naturally go back up and we spin up production again. The oil guys will take a hammering and I feel bad for them, but all bubbles burst. A lot of Americans will have a net benefit. Macroeconomics is complex. On Tue, Jan 13, 2015 at 8:40 PM, Jason McKemie <j.mcke...@veloxinetbroadband.com<mailto:j.mcke...@veloxinetbroadband.com>> wrote: > From what I've read the drop is pretty much exclusively because of OPEC. > > > On Tuesday, January 13, 2015, Erich Kaiser > <er...@northcentraltower.com<mailto:er...@northcentraltower.com>> > wrote: >> >> I think a lot of the low prices are due to abundance of oil right here in >> the US from Fracking and Tar sands from Canada. I bet eventually when the >> additional pipeline capacity is completed it may drive things even lower, >> but that is just my thought. >> >> It would be nice if they could do the same with grain. >> >> >> On Tue, Jan 13, 2015 at 12:53 PM, That One Guy >> <thatoneguyst...@gmail.com<mailto:thatoneguyst...@gmail.com>> >> wrote: >>> >>> I dont know how petroleum stores, the costs of operating, etc. But I look >>> at it as right now being a great time to get in on it, when the rubber band >>> snaps, you would already be at peak production capacity, without the export >>> and shipping to get it to its destination, in North America at least. This >>> is an artificially deflated market, it cant be sustained since it is >>> inherently and artificially inflated market. >>> >>> On Tue, Jan 13, 2015 at 12:19 PM, CBB - Jay Fuller >>> <par...@cyberbroadband.net<mailto:par...@cyberbroadband.net>> wrote: >>>> >>>> >>>> The investment has already been made to build the wells. I know it >>>> would suck, but why not shut them down until the price goes up again, then >>>> just resume production? Even under new ownership? Doesn't sound like a >>>> permanent problem to me... >>>> >>>> >>>> ----- Original Message ----- >>>> From: Bill Prince >>>> To: af@afmug.com<mailto:af@afmug.com> >>>> Sent: Tuesday, January 13, 2015 10:23 AM >>>> Subject: Re: [AFMUG] Gas Prices >>>> >>>> It's Saudi Arabia trying to squeeze out all the marginal producers. >>>> Initially it will be Russia and some of the other marginals like Iraq & >>>> Iran. >>>> >>>> Pretty sure the shale oil and tar sands guys are hurting big time right >>>> now. >>>> >>>> bp >>>> <part15sbs{at}gmail{dot}com> >>>> >>>> On 1/13/2015 8:03 AM, Chuck McCown wrote: >>>> >>>> I wonder what is really driving the price down. Fracking, OPEC >>>> diaspora, CAFE improvements, Russia problems ??? >>>> >>>> From: Jeremy >>>> Sent: Tuesday, January 13, 2015 8:54 AM >>>> To: af@afmug.com<mailto:af@afmug.com> >>>> Subject: Re: [AFMUG] Gas Prices >>>> >>>> Thanks Obama! (he gets blamed for EVERYTHING, right??) >>>> >>>> On Tue, Jan 13, 2015 at 8:41 AM, Josh Luthman >>>> <j...@imaginenetworksllc.com<mailto:j...@imaginenetworksllc.com>> wrote: >>>>> >>>>> Same up here in Ohio. >>>>> >>>>> Josh Luthman >>>>> Office: 937-552-2340<tel:937-552-2340> >>>>> Direct: 937-552-2343<tel:937-552-2343> >>>>> 1100 Wayne St >>>>> Suite 1337 >>>>> Troy, OH 45373 >>>>> >>>>> On Jan 13, 2015 10:35 AM, "joseph marsh" >>>>> <bwireless...@gmail.com<mailto:bwireless...@gmail.com>> >>>>> wrote: >>>>>> >>>>>> 1.75 here in my area >>>>>> >>>>>> On Jan 13, 2015 9:35 AM, "Vlad Sedov" >>>>>> <v...@atlasok.com<mailto:v...@atlasok.com>> wrote: >>>>>>> >>>>>>> $1.50 to $1.55 in oklahoma city.. crazy. >>>>>>> >>>>>>> vlad >>>>>>> >>>>>>> On 1/13/2015 9:32 AM, Travis Johnson wrote: >>>>>>>> >>>>>>>> I never thought I would see gas prices this low. We have stations at >>>>>>>> $1.71/gallon in our area right now. :) >>>>>>>> >>>>>>>> Travis >>>>>>> >>>>>>> >>>> >>>> >>>> >>> >>> >>> >>> -- >>> All parts should go together without forcing. You must remember that the >>> parts you are reassembling were disassembled by you. Therefore, if you can't >>> get them together again, there must be a reason. By all means, do not use a >>> hammer. -- IBM maintenance manual, 1925 >> >> > -- [cid:image001.jpg@01D030A3.5F850520]
