Oil man going bankrupt

[SwampDonkey]

The town at the bottom of the trail is there in large part due to the tourist economy the trail brought in, they wouldn't give up their livlihood easily. The corridor could be re-established I'm sure but it wouldn't be simple.

Well if history repeats itself, all they do is pay what they think it's worth and government makes legislation to protect the rail road company from being sued. My grandfather and his uncle lost part or most of their livelihood and the heavy hand of the government said we are taking this, here's what we are paying, take it or leave it. It's called expropriation.

[mountaineer]

if you really want to get in-depth about peak oil, then go here- lifeaftertheoilcrash.net i went there well over a year ago and it scared the heck out of me. i wasn't right for two days. now i don't know if things are going to get as bad as this article says, but if it gets anywhere as bad then we are in for it. for most people this article will take a couple hours to read. it really breaks it all down and answers all questions you could ask. now in the end you will see that the person that wrote it is trying to sells books to be ready for " the end" so take it for what i's worth. you might think it's propaganda to make money or you might agree with it. me- i think that it will happen, just not at the level he is saying and not as quick. (i hope) one more thing, in the year that it's been since i have read it, everything he said has come true.  :P :P happy reading

[DanG]

It sounds to me like the oil man is suffering the result of his own poor business decision.  I realize that the practice of "locking in" prices for a season is the traditional practice in that business, but he is taking a huge risk when he agree's to a price on a commodity he does not yet own.  It is unfortunate that he had to agree to this practice in order to keep his customers, but we all need to realize that there are no guarantees in business.  Everyone is dependent upon everone else to keep things stable so we can have a reasonable expectation of survival.  It appears to me that someone has gotten real greedy, and has jerked the rug out from under everyone else.  Who is it?  Well, it is hard to really know what is going on.  We are being inundated with misinformation and speculative opinions of so-called "experts", and have very little real knowledge of what is going on.  As I type this, I am listening to a financial program on NPR.  It consists of a parade of experts, each touting their opinions as the gospel, all conflicting with one another, and a moderator who blindly agrees with all of them.  If this is the best info available, is there any wonder the economy has gone berserk?  We are very fortunate to have this forum where we can discuss this sort of stuff, but we still can't come to agreement as to where the truth lies.  Some say we're running out of oil, and some say we aren't.  Some blame the Government, some blame business, some blame China, and some blame Walmart.  Some think we're going down the tube, while others are seeing new opportunities.  I'm beginning to think that the only thing we know is that we don't know.

[LeeB]

Dang, are you part politician?  :D

[ellmoe]

Dang, are you part politician?  :D

   UH OH! I think them are fightin' words! :D

Mark

[DanG]

Hope this doesn't tick any one off but we are pumping it as fast as we can. The rest is up to Washington.

It doesn't tick me off, even a little bit, WC.  You guys are doing a great job of getting out what we allow ourselves.  The rest ain't up to Washington, however, it is up to us.  The "fact" that we have reached "peak oil"(whatever that means) does not mean that we will run out tomorrow.  The current price crisis is doing its job.  Scientists and entrepeneurs are  working feverishly to come up with new sources of energy, and the oil companies are admitting that oil ain't where it's at anymore.  We're gonna be ok, but things are never going back to where they were just a few years ago.

Ellmoe, I ain't in a fight with nobody, let alone an oil rig hand that is smart enough to get on the ForestryForum from BFE!  Lee, you're almost right.  I'm 100% politician, but I've had way too much fun in this life to get elected to anything.

[LeeB]

 :D :D :D :D