Why


Whymichael on 01 Apr 2008 02:36 pm

MSNBC and others are reporting that independent truckers around the country are driving slowly or just not running today in order to protest the high cost of diesel fuel.

I understand where they’re coming from - but I just don’t think that they’re going to have any effect other than to RAISE prices for the things that they are supposed to be hauling.  Burried in the story is the comment that somebody somewhere is hoping that the protests will pressure the President to use the Strategic Oil Reserves to increase the amount of diesel for sale and lower prices…

There’s a few problems with the entire plan…

First, overall consumption of petroleum is only part of the issue.  Yes global demand is extremely high and that is causing prices to be higher than they were just 4 years ago, but it’s not the only reason.

Oil is priced and sold in US dollars - and the value of the dollar is extremely low ($1US = 1.56 Euro and 1.97 GBP).  Heck the US dollar is worth less than the Canadian dollar ($1US = $1.02 CAN).  With the dollar being so weak it costs more to import goods into the US since our dollar doesn’t buy as much on the world markets…  Oil from the Strategic Oil Reserves isn’t going to effect the poor buying power of the US dollar.  The economists need to guide the Administration with crafting an economic policy that reverses all the issues that are causing the value of the dollar to plummet on the world markets.

Not only that - but back in the first years of the Bush Administration they actually went and released oil from the Strategic Oil Reserves in an attempt to lower gas prices…  and it didn’t work!  If it had any effect, prices moved a few pennies at most, not enough to make any real difference in the cost of fuel to us.

So just how are protests or even strikes by independent truckers going to force fuel prices to drop?

Or is it that with fewer trucks on the road, demand will drop, causing supplies to rise and prices to lower?

Whymichael on 10 Dec 2006 08:30 pm

Once again somebody with way too much time on their hands and a video camera has destroyed a piece of technology and posted it on the interweb. I’ve always gotten concerned about flexing my laptop screens after seening the weird distortions that pop up with just a little pressure. But check out what happens when you drill into a laptop display… With the laptop on…

Whymichael on 08 Dec 2006 04:08 pm

I’m a big fan of GPS navigation systems.  I’ve owned several, I’ve played with several different software packages, heck I even had a car that came with a system built in.

As much as I like GPS navigation, and rely on it often I always have a degree of skepticism when I use them.  Even when I’m using one to get somewhere that I’m completely unfamiliar with, there are always some cues that let me know if the system is at least getting in the ball park.  In addition, no matter what my GPS says, I’m not going to let it guide me the worng way down a one way street or into a building like somebody in Germany did a few years ago. 

Every GPS I’ve every owned gives me some combination of distance to destination, estimated time of arrival, or estimated time remaining until arrival.  Knowing that the town I’m headed to is just 30 miles or so away, if my GPS shows that the distance to my destination if 450 miles I can tell right off the bat that there’s a problem…

But still every so often story like this one comes out.  How is it that an ambulance crew who’s instructed to transport a patient 12 miles away doesn’t realize that they’re off course until they’ve driven 200 miles!  This ambulance crew drove almost all the way across the country before realizing they had gone too far.  Did anybody bother to tell the ambulance crew where they were supposed to go? 

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