Prepare for MORE dollars at the PUMP
Not because of the middle east, but because Japan will no longer generate electricity with nuclear power.........
[url]http://worldnews.msnbc.msn.com/_news/2012/05/04/11532584-can-it-be-the-end-of-nuclear-power-japan-to-shut-down-last-reactor?lite[/url]
Yes my friends............OIL just got more expensive.
[url]http://www.commodityonline.com/news/japan-oil-demand-set-to-grow-stronger-as-peak-summer-nears-47243-3-47244.html[/url]
Later,
Geo
Re: Prepare for MORE dollars at the PUMP
If only there was a country who could drill more and sell oil to countries like this???
Re: Prepare for MORE dollars at the PUMP
[QUOTE=DJD;488959]If only there was a country who could drill more and sell oil to countries like this???[/QUOTE]
You mean at the risk of the environment, the spotted owl, or the wild gold haired beaver?!?!? OK, I made that last one up, but you get my point. LOL
Ahem, drill baby drill...
Re: Prepare for MORE dollars at the PUMP
[QUOTE=MrSplitshot;488969]You mean at the risk of the environment, the spotted owl, or the wild gold haired beaver?!?!? OK, I made that last one up, but you get my point. LOL
Ahem, drill baby drill...[/QUOTE]
I have seen that once lol.
Re: Prepare for MORE dollars at the PUMP
We should ship them coal.
Re: Prepare for MORE dollars at the PUMP
[QUOTE=SLP;488975]We should ship them coal.[/QUOTE]
Lol obamy will have that industry shut down. Soon we will be buying coal from china or some other country.
Re: Prepare for MORE dollars at the PUMP
Do we have any coal in the USA?
Re: Prepare for MORE dollars at the PUMP
[QUOTE=DJD;488977]Lol obamy will have that industry shut down. Soon we will be buying coal from china or some other country.[/QUOTE]
Hopefully Obama wont be making the decisions after the next election.
He has done such a fabulous job he deserves early retirement.:D
Re: Prepare for MORE dollars at the PUMP
Can we just run extension cords from California nuc power plants to Japan via Alaska? I got a 100 foot cord I'll donate to start the effort.
Re: Prepare for MORE dollars at the PUMP
[QUOTE=DJD;488977]Lol obamy will have that industry shut down. Soon we will be buying coal from china or some other country.[/QUOTE] demand for coal is rapidly rising in Asia. U.S. coal exports to China surged from 2009 to 2010, jumping from 387,000 tons (January-September) to over 4 million tons the following year. Demand for US coking and steam coal also grew rapidly in Japan, India, and South Korea. Industry forecasters anticipate a “30-year super cycle in global coal markets.” U.S. companies hope to cash in on the market and dramatically increase coal exports US coal exports increased rapidly in 2011, returning to levels not seen since the early 1990s,[1] and accelerating to keep up with rapidly rising global demand.
The U.S. is the world's forth-largest source of coal exports in the world, after Australia, Indonesia and Russia (1st, 2nd and 3rd, respectively). Unused port capacity on the east coast and major expansions proposed for the west coast mean that U.S. coal exports could rapidly overtake Indonesia and Russia.