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ithos 09-23-2024 05:10 AM

Quote:

Originally Posted by MorTech (Post 2372368)
Energy is the primary input cost to everything that is produced. There is nothing more important than cheap energy to the well-being of humanity. JD Rockefeller and Enrico Fermi should be worshipped (as well as Fritz Haber).

The USA buys heavy sour from Venezuela and Russia to mix with the light sweet shale oil in refineries that have not been modified for light sweet shale oil.

Standard Oil was a monopoly that had to be broken up by SCOTUS.

Fermi and more: Einstein , Curie, Rutherford, Planck, Niels Bohr, Roentgen

The Holy Grail will be fusion.

Too bad they didn't name a sub atomic particle or an isotope after Rutherford. Too many syllables I guess.
_

mntlblok 09-23-2024 05:31 AM

Gold foil
 
Quote:

Originally Posted by ithos (Post 2372686)
Too bad they didn't name a sub atomic particle or an isotope after Rutherford. Too many syllables I guess.
_

Looks like they *did* let him name the proton. :-)

Rocksnap 09-23-2024 05:59 AM

Quote:

Originally Posted by jimjamuser (Post 2372561)
That is a good post! Americans live under the illusion that we are the best at EVERYTHING. So we do NOT try to learn anything from other counties. Just as an example, the US is the only major country that does NOT have socialized medicine. Actually, the V. A. could be expanded to include all people and that would give us National Healthcare like ALL the other major countries. Medical insurance companies and pharmaceutical companies are set up to make EXCESSIVE profits.
......The bottom line is that we should look at other countries and be willing to LEARN from them.

Canada & England both have socialist medicine. Neither is cracked up to what it’s supposed to be. Says many who needed care in those countries.
South Korea, on the other hand, does quite well. They don’t have socialist healthcare, but it’s cheap and good, for the most part.
Case in point. My daughter is a freelance graphic design artist. Makes great money, but no benefits.
It was cheaper for her to visit there for a few months to receive a some needed care, than it was for her here to pay out of pocket just for the care she needed. Now that’s crazy.

Cuervo 09-23-2024 06:42 AM

Quote:

Originally Posted by Topspinmo (Post 2372632)
Funny how oil companies make more money when crud oil sky high. Now who what causes oil to go sky high? Oil companies like it when crud oil goes way up. They make more money on gallon of gas than federal state governments.

As far as George Carlin he had no idea like rest of us. He just made money off jokes like all comedians.

I'm not totally sure what your point is, if it's that we live in a capitalist society where all mighty dollar rules I agree. As far as George Carlin making money off his jokes, that was the business he was in. I'm sure there were days you did not want to go to work but you did so to earn money.
The problem with living in a capitalist society is when money is the main goal greed creeps in and takes precedence over country, people, even self-preservation.
What Carlin's joke pointed out was that many who continue saying we have to save the planet are misguided, that the planet will survive long after we are gone. What these people should be saying instead is we should be taking measure to save ourselves.
If you were fortunate enough to watch 60 minutes last night, it focused in on how corporations relish on inflation and how mergers stifle the competition which gives them control over market prices.
There has to be a better way, and we better find it soon, if not for ourselves at least for our off springs.

bogmonster 09-23-2024 07:10 AM

A friend of mine was from Argentina and always bragged about their free healthcare. On one of her trips, she broke her arm and they fixed it for free. At that point she would hold up her arm. It was so crooked it looked like a hockey stick. I guess you get what you pay for!

Andyb 09-23-2024 07:43 AM

Oil prices
 
[QUOTE=Marine1974;2372272]
Quote:

Originally Posted by Cuervo (Post 2371839)
Increasing interest rate is usually put in place to slow the economy and slow down inflation.

You bring down oil prices, everything, I mean everything will come down too, including inflation. Drill baby, drill. This not an opinion, but fact.

Bill14564 09-23-2024 08:29 AM

Quote:

Originally Posted by Andyb (Post 2372750)
You bring down oil prices, everything, I mean everything will come down too, including inflation. Drill baby, drill. This not an opinion, but fact.

It must be one of those alternative facts that don't have any basis in reality.

UNLESS, what you predict (desire??) is a collapse of the economy and a recession/depression. Even then, I doubt that attempting to tank global oil prices would be enough to cause that.

Cuervo 09-23-2024 10:55 AM

[QUOTE=Andyb;2372750]
Quote:

Originally Posted by Marine1974 (Post 2372272)
You bring down oil prices, everything, I mean everything will come down too, including inflation. Drill baby, drill. This not an opinion, but fact.

You do understand we are drilling more than ever before.
Oil is not the only solution, by bringing alternative energy sources to the market will not only bring prices down at the pump, but also increase our independence.

jimjamuser 09-23-2024 11:07 AM

[QUOTE=Cuervo;2372846]
Quote:

Originally Posted by Andyb (Post 2372750)

You do understand we are drilling more than ever before.
Oil is not the only solution, by bringing alternative energy sources to the market will not only bring prices down at the pump, but also increase our independence.

I agree with the last sentence. And using alternative energy sources ALSO would decrease global warming, which is the #1 problem for humanity RIGHT NOW. Interestingly, it is not talked about too much. Strange that a problem that BIG is ignored.

jimjamuser 09-23-2024 11:17 AM

Quote:

Originally Posted by Rocksnap (Post 2372704)
Canada & England both have socialist medicine. Neither is cracked up to what it’s supposed to be. Says many who needed care in those countries.
South Korea, on the other hand, does quite well. They don’t have socialist healthcare, but it’s cheap and good, for the most part.
Case in point. My daughter is a freelance graphic design artist. Makes great money, but no benefits.
It was cheaper for her to visit there for a few months to receive a some needed care, than it was for her here to pay out of pocket just for the care she needed. Now that’s crazy.

Every Canadian that I ever talked to LOVED their healthcare. They worry about getting sick and having to go to a US hospital. The US ranks LAST compared to 9 other top countries for HEALTHCARE. Australia is #1.

jimjamuser 09-23-2024 11:24 AM

Quote:

Originally Posted by Cuervo (Post 2372726)
I'm not totally sure what your point is, if it's that we live in a capitalist society where all mighty dollar rules I agree. As far as George Carlin making money off his jokes, that was the business he was in. I'm sure there were days you did not want to go to work but you did so to earn money.
The problem with living in a capitalist society is when money is the main goal greed creeps in and takes precedence over country, people, even self-preservation.
What Carlin's joke pointed out was that many who continue saying we have to save the planet are misguided, that the planet will survive long after we are gone. What these people should be saying instead is we should be taking measure to save ourselves.
If you were fortunate enough to watch 60 minutes last night, it focused in on how corporations relish on inflation and how mergers stifle the competition which gives them control over market prices.
There has to be a better way, and we better find it soon, if not for ourselves at least for our off springs.

Corporate mergers are a way that companies get around CAPITALISTIC principles. They are "socializing" their way to more PROFITS. Why, in America, is socialism bad for the common man, but GOOD for the GIANT Corporations?

jimjamuser 09-23-2024 11:34 AM

Quote:

Originally Posted by bogmonster (Post 2372733)
A friend of mine was from Argentina and always bragged about their free healthcare. On one of her trips, she broke her arm and they fixed it for free. At that point she would hold up her arm. It was so crooked it looked like a hockey stick. I guess you get what you pay for!

That is an example of ONE or, in statistics, an N of 1. Perhaps there were reasons why her arm could NOT be returned to perfection. When I broke something on my body, it never got back to perfect. ANYWAY, there are global comparisons for HEALTHCARE. The US is LAST out of 9 major nations. That is EASY to look up. There is a word for the concept of thinking that YOUR particular country is the ABSOLUTE BEST......I believe it is ethnocentric.

jimjamuser 09-23-2024 11:42 AM

Quote:

Originally Posted by Cuervo (Post 2372493)
I agree to a point, but to maintain a Socialist country the citizens of that country have to keep a watchful eye. You see Socialism and Dictatorship are not that far apart. Sweden which many people look at as a Socialist country is a combination of Socialism and Capitalism. On the other hand, China and Cuba are considered complete Socialist.
The question is what type of government you want to live under the Swedish or the U.S. and no matter which you have to participate to make sure your freedom stays in place.

The US is a FINE country! But it would NOT hurt us to look to countries like Sweden and Australia for BETTER solutions to SOME of our problems. Like the fact that Australia has the best health care system in the world, they are #1. The US is LAST at #10 among top countries. Many countries have MORE than 2 parties. I wonder how Australia's income tax brackets compare to ours? I wonder which taxpayer level or levels Australia emphasizes?

bumpa 09-23-2024 11:44 AM

Quote:

Originally Posted by RICH1 (Post 2372458)
The Keystone Pipeline was built to EXPORT Oil...

Canadian Oil. Heavy, dirty Shale oil that the US can not use. It's for export only.

jimjamuser 09-23-2024 11:54 AM

And today the FED is SATISFIED that inflation is under CONTROL. So they can REDUCE the prime interest rate by 1/2 of a percent. That will take time to ripple through the economy, but should begin to bring prices for goods down. I believe that their ULTIMATE goal is to be at 2% which must be some "sweet spot" for interest. I am NOT sure how that ideal 2 % has been determined. Maybe someone here on TOTV knows that answer?

dewilson58 09-23-2024 12:04 PM

Quote:

Originally Posted by jimjamuser (Post 2372872)
And today the FED is SATISFIED that inflation is under CONTROL. So they can REDUCE the prime interest rate by 1/2 of a percent. That will take time to ripple through the economy, but should begin to bring prices for goods down. I believe that their ULTIMATE goal is to be at 2% which must be some "sweet spot" for interest. I am NOT sure how that ideal 2 % has been determined. Maybe someone here on TOTV knows that answer?

The intent is NOT to bring prices down.
The intent is NOT deflation.

dewilson58 09-23-2024 12:37 PM

Quote:

Originally Posted by bogmonster (Post 2372733)
A friend of mine was from Argentina and always bragged about their free healthcare. On one of her trips, she broke her arm and they fixed it for free. At that point she would hold up her arm. It was so crooked it looked like a hockey stick. I guess you get what you pay for!

it ain't free

Pugchief 09-23-2024 12:48 PM

Quote:

Originally Posted by JMintzer (Post 2372659)
Neither of those countries are "socialist"...

They are also at the top of the list for the consumption of "anti-depressants"...


Maybe that is why they are so "happy"...

Nah, some people just get JOY from paying sky-high tax rates!

Ah, yes, JOY.

Pugchief 09-23-2024 12:51 PM

Quote:

Originally Posted by Rocksnap (Post 2372704)
Canada & England both have socialist medicine. Neither is cracked up to what it’s supposed to be. Says many who needed care in those countries.
South Korea, on the other hand, does quite well. They don’t have socialist healthcare, but it’s cheap and good, for the most part.
Case in point. My daughter is a freelance graphic design artist. Makes great money, but no benefits.
It was cheaper for her to visit there for a few months to receive a some needed care, than it was for her here to pay out of pocket just for the care she needed. Now that’s crazy.

The reason healthcare is so expensive here is because of REGULATIONS.

Pugchief 09-23-2024 12:54 PM

Quote:

Originally Posted by Bill14564 (Post 2372781)
It must be one of those alternative facts that don't have any basis in reality.

UNLESS, what you predict (desire??) is a collapse of the economy and a recession/depression. Even then, I doubt that attempting to tank global oil prices would be enough to cause that.

Huh? Do you deny that supply chain prices are dependent on the cost of energy? And since most of that is currently using fossil fuels, creating cheaper oil by more production would lead to lower prices on virtually everything.

Doesn't seem like "alternative facts"....

Bill14564 09-23-2024 01:02 PM

Quote:

Originally Posted by Pugchief (Post 2372898)
Huh? Do you deny that supply chain prices are dependent on the cost of energy? And since most of that is currently using fossil fuels, creating cheaper oil by more production would lead to lower prices on virtually everything.

Doesn't seem like "alternative facts"....

The post went a lot further than saying supply chain costs are included in prices.

Fuel costs went down significantly a few years ago but I don’t recall the prices of virtually everything decreasing. In fact, while inflation slowed it did not turn negative.

MorTech 09-23-2024 01:28 PM

Quote:

Originally Posted by ithos (Post 2372686)
Standard Oil was a monopoly that had to be broken up by SCOTUS.

Fermi and more: Einstein , Curie, Rutherford, Planck, Niels Bohr, Roentgen

The Holy Grail will be fusion.

Too bad they didn't name a sub atomic particle or an isotope after Rutherford. Too many syllables I guess.
_

Standard Oil was not a monopoly since anyone could enter the oil market...There were no restrictions to entry. They had the largest market share since they were the most competitive producer. We know this because after the breakup of Standard oil, prices for oil products increased nearly 10X over a short period of time and Rockefeller got even richer since his assets became even more valuable. All of humanity suffered because of that breakup.

...And also Ian Fleming...cant believe I forgot about him.

Enrico Fermi was primarily responsible for the first nuclear reactor...Leo Szilard was key as well.

Aces4 09-23-2024 01:58 PM

Quote:

Originally Posted by jimjamuser (Post 2372854)
Every Canadian that I ever talked to LOVED their healthcare. They worry about getting sick and having to go to a US hospital. The US ranks LAST compared to 9 other top countries for HEALTHCARE. Australia is #1.

So I take it one has not heard about the fiasco in health care in England? I don't think the USA is last anymore.:shocked:

Aces4 09-23-2024 02:09 PM

Quote:

Originally Posted by jimjamuser (Post 2372561)
That is a good post! Americans live under the illusion that we are the best at EVERYTHING. So we do NOT try to learn anything from other counties. Just as an example, the US is the only major country that does NOT have socialized medicine. Actually, the V. A. could be expanded to include all people and that would give us National Healthcare like ALL the other major countries. Medical insurance companies and pharmaceutical companies are set up to make EXCESSIVE profits.
......The bottom line is that we should look at other countries and be willing to LEARN from them.

And yet people want to live here, go figure!

Aces4 09-23-2024 02:18 PM

Quote:

Originally Posted by jimjamuser (Post 2372854)
Every Canadian that I ever talked to LOVED their healthcare. They worry about getting sick and having to go to a US hospital. The US ranks LAST compared to 9 other top countries for HEALTHCARE. Australia is #1.

They feared going to a USA hospital because their "wonderful Canadian healthcare" won't cover the bills.:ohdear: The older you get, the more expensive your cost for healthcare if you leave Canada seasonally.

Pugchief 09-23-2024 02:20 PM

1 Attachment(s)
I guess those Canadians "love" waiting 39 weeks to see the orthopedic surgeon.
Waiting Your Turn: Wait Times for Health Care in Canada, 2019 Report | Fraser Institute
Imagine the complaining on TOTV if that was the case here. LOL

Aces4 09-23-2024 02:25 PM

[QUOTE=jimjamuser;2372849]
Quote:

Originally Posted by Cuervo (Post 2372846)
I agree with the last sentence. And using alternative energy sources ALSO would decrease global warming, which is the #1 problem for humanity RIGHT NOW. Interestingly, it is not talked about too much. Strange that a problem that BIG is ignored.

If one believes global warming is the #1 problem for humanity right now, they aren't paying attention to what is happening in the world. Let's start with AI which can take humanity out rather quickly..

Aces4 09-23-2024 02:27 PM

Quote:

Originally Posted by Pugchief (Post 2372895)
The reason healthcare is so expensive here is because of REGULATIONS.

Regulations don't help but the biggest reason is the profits that are required to feed the stock market. What a gig!:MOJE_whot:

jimjamuser 09-23-2024 02:53 PM

Quote:

Originally Posted by Pugchief (Post 2372898)
Huh? Do you deny that supply chain prices are dependent on the cost of energy? And since most of that is currently using fossil fuels, creating cheaper oil by more production would lead to lower prices on virtually everything.

Doesn't seem like "alternative facts"....

The price of oil depends on the WORLDWIDE market. The US by itself does NOT control the price. More worldwide production would be a factor toward lower prices for most goods.

jimjamuser 09-23-2024 03:02 PM

Quote:

Originally Posted by Aces4 (Post 2372913)
And yet people want to live here, go figure!

For a poor person in Venezuela, it is easier to walk to the US than it is to SWIM to Australia or Sweden. That's the main reason that they are coming here. Also, the US is lax compared to other countries about deporting the undocumented.

jimjamuser 09-23-2024 03:04 PM

Quote:

Originally Posted by Aces4 (Post 2372916)
They feared going to a USA hospital because their "wonderful Canadian healthcare" won't cover the bills.:ohdear: The older you get, the more expensive your cost for healthcare if you leave Canada seasonally.

That is very LOGICAL from Canada's point of view. They are aware that US healthcare is mediocre, yet expensive.

jimjamuser 09-23-2024 03:10 PM

[QUOTE=Aces4;2372920]
Quote:

Originally Posted by jimjamuser (Post 2372849)

If one believes global warming is the #1 problem for humanity right now, they aren't paying attention to what is happening in the world. Let's start with AI which can take humanity out rather quickly..

AI uses a lot of electricity. It may or may not be worth it. I am NOT so knowledgeable about AI to have a good opinion.

Pugchief 09-23-2024 04:58 PM

Quote:

Originally Posted by jimjamuser (Post 2372932)
AI uses a lot of electricity. It may or may not be worth it. I am NOT so knowledgeable about AI to have a good opinion.

///

Pugchief 09-23-2024 05:01 PM

Quote:

Originally Posted by jimjamuser (Post 2372927)
The price of oil depends on the WORLDWIDE market. The US by itself does NOT control the price. More worldwide production would be a factor toward lower prices for most goods.

Correct, correct and correct.
Not sure what your point is; you were commenting on my assertion that more drilling for oil would reduce supply chain costs, leading to lower prices for most goods. Which apparently you agree with.

Aces4 09-23-2024 05:05 PM

Quote:

Originally Posted by jimjamuser (Post 2372929)
For a poor person in Venezuela, it is easier to walk to the US than it is to SWIM to Australia or Sweden. That's the main reason that they are coming here. Also, the US is lax compared to other countries about deporting the undocumented.

I was talking about people in all nations. I know why a Venezuelan is walking in.:ohdear:

Aces4 09-23-2024 05:10 PM

[QUOTE=jimjamuser;2372932]
Quote:

Originally Posted by Aces4 (Post 2372920)
AI uses a lot of electricity. It may or may not be worth it. I am NOT so knowledgeable about AI to have a good opinion.

Might be wise to tune in. A couple of experts who work in the field said control as to how it can be used has to be taken now. It can get pretty ugly quickly if controls aren't in place and even that may be impossible.

Aces4 09-23-2024 05:13 PM

Quote:

Originally Posted by jimjamuser (Post 2372930)
That is very LOGICAL from Canada's point of view. They are aware that US healthcare is mediocre, yet expensive.

That's a myth. There are plenty of Canadians who would like to seek treatment here but are forbidden or charged horrendous prices if service is in the states. Florida may have mediocre healthcare but not the rest of the US.

jimjamuser 09-24-2024 11:00 AM

Quote:

Originally Posted by Pugchief (Post 2372951)
Correct, correct and correct.
Not sure what your point is; you were commenting on my assertion that more drilling for oil would reduce supply chain costs, leading to lower prices for most goods. Which apparently you agree with.

It's simple. More drilling for oil worldwide would likely drop the oil price, which would ripple through and lower the price of goods. BUT, more drilling by the US would NOT have that big of a drop in oil price. And there are many, many other factors to consider. The US people want clean air and clean water (unlike other dictator controlled countries that would make their people suffer bad air and etc). US oil left in the ground is like a bank account for when oil runs out - an account to use oil for medicine rather than using it to pollute US air and water. The US would be able to exert more CONTROL over oil prices by doing what California is doing. That is, moving more quickly to E-vehicles and having FEWER oil and gas engine vehicles. Note: E-vehicles use less parts and ZERO up and down piston action.

jimjamuser 09-24-2024 11:02 AM

[QUOTE=Aces4;2372955]
Quote:

Originally Posted by jimjamuser (Post 2372932)

Might be wise to tune in. A couple of experts who work in the field said control as to how it can be used has to be taken now. It can get pretty ugly quickly if controls aren't in place and even that may be impossible.

I can agree with that.

jimjamuser 09-24-2024 11:10 AM

Quote:

Originally Posted by Aces4 (Post 2372957)
That's a myth. There are plenty of Canadians who would like to seek treatment here but are forbidden or charged horrendous prices if service is in the states. Florida may have mediocre healthcare but not the rest of the US.

The US has great medical knowledge at the University level and great research done by private companies. And if you are a millionaire you get great state of the art treatments. But, if you are a poor or average wealth American - you are out of luck. The US is last in health care out of the 10 top industrialized nations. That is the proof of my 1st three sentences.


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