Elio And Gas Prices

[Karg]

If you put a politician in the rear seat, you'd never have to fill up with gas. (Just by drilling a hole in the seat and duct taping the mouth )
If you installed a rear ejection seat, then you could launch him or her as needed.

 

[carzes]

If you put a politician in the rear seat, you'd never have to fill up with gas. (Just by drilling a hole in the seat and duct taping the mouth )
If you installed a rear ejection seat, then you could launch him or her as needed.

Don't politicians fall under the "weapons of mass destruction" statutes? You could get in a lot of trouble for that.:-)

 

[NSTG8R]

If you put a politician in the rear seat, you'd never have to fill up with gas. (Just by drilling a hole in the seat and duct taping the mouth )
If you installed a rear ejection seat, then you could launch him or her as needed.

Dangerous!...VERY dangerous! With the current BS output of your typical politician (either side of the aisle), without proper pressure controls, possibly a turbo pop-off, the pressure would build too quickly, and POW!! More taxes for everyone within a 50 mile radius. Possibly more.

 

[AriLea]

Just an update on this old thread... Just ignore, I simply wanted the data to appear here.

From CNN

The government of Saudi Arabia said in a statement Wednesday that US energy consultancy DeGolyer & MacNaughton had concluded that its oil reserves total 268.5 billion barrels. ...

...Saudi Arabia pumped oil at record levels in 2018, including output of 11 million barrels a day in November...

That leaves "spare capacity very low, much lower than the 1.5 to 2 million barrels a day which they used to aim for," said Spencer Welch, oil markets executive director at IHS Markit....

At the 11mil rate that would be 250 years of supply. As they discover more recovery methods and reserves that could go up.

Attitudes to global warming and production issues seem the only thing liable to change gas prices. I would think, just announcing this reserve level affects the expected value of oil now and in the future.

From wikipedia

A 2008 estimate set the total world resources of oil shale ... equivalent to yield of 4.8 trillion barrels ... of shale oil, with the largest reserves in the United States, which is thought to have 3.7 trillion barrels ...

CNN Money

264 billion barrels of oil reserves (?sweet crude in the world prior to the Saudi news release?)

www.fool.com

Assuming we deplete reserves by 2.7 billion barrels each year, current reserves would run dry in less than 13 years.(proven reserves)

nasdaq.com

...based on reserve estimates of 1.688 trillion barrels, BP claimed the earth has enough oil left for about 53 more years at current production levels. However, BP's estimate relies heavily on "proved reserves."

OK going back to sleep.