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jw wright

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Gosh, this is all so depressing. Maybe we should go back and beat ourselves to death with another round on the horizontal stab.

JW Wright
 

lanichol

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The companies responsible for extinguishing the fires in Kuwait were the Red Adair Company (now sold off to Global Industries of Louisiana), Boots and Coots (now Boots and Coots/IWC), Wild Well Control, Safety Boss, Cudd Well/Pressure Control, Neal Adams Firefighters, and Kuwait Wild Well Killers.

The BS that halliburton were the ones that did it is the sort of propaganda that gets repeated but is rarely checked.

It's a shame that the real men aren't getting credit for the great job they did while halliburton is trying to claim credit when they mostly shook farts out of sheets, fed the troops, cleaned latrines, etc. etc. as part of LOGCAP. They did send a few guys to help the other companies fight fires but "Halibuton's original job in Desert Storm was to fight well head fires as happened in Kuwait" Is Bullsh1t.

Both were contractors. Halliburton supplies the equipment and has a broader range of services than the fire fighters. The contractors bill thru the main contractor as they are in charge. Thus Boots & Coots cost over runs are Halliburton over runs.


KBR is the engineering and construction subsidiary of Halliburton.

HOUSTON - KBR (Kellogg Brown & Root) has been awarded a contract from the US Army Corps of Engineers to put into action a contingency plan the company originally developed at the Department of Defense's (DoD) request for assessing and extinguishing oil well fires in Iraq and evaluating and repairing, as directed by the US government, the country's petroleum infrastructure. KBR is the engineering and construction subsidiary of Halliburton

KBR was selected for this award based on the fact that KBR is the only contractor that could commence implementing the complex contingency plan on extremely short notice. This contract will be used for an interim period, until the US Army Corps of Engineers procures additional contracts to provide a broad range of services required to support full execution of the contingency plan. KBR is leveraging the expertise of personnel from Halliburton's Energy Services Group for oil well services and engineering planning efforts.

KBR has subcontracted the firefighting portion of the work to Houston-based companies Boots & Coots International Well Control, Inc. and Wild Well Control, Inc.

In 1991, Halliburton crews brought 320 wells in Kuwait under control in less time than was expected following the Gulf War. More than 190,000 work hours were incurred on this project without a lost-time accident. Originally scheduled as an 18-month project, Halliburton's crew extinguished 90 percent of the blowouts within one year of the beginning of operations.



http://www.halliburton.com/news/archive/2003/kbrnws_032403.jsp

In 2003, Boots & Coots was selected as the well control team of choice by the U. S. Department of Defense and the Corps of Engineers for the recent Operation Iraqi Freedom and Project RIO (Restore Iraqi Oil) campaigns in Iraq. Four major blowouts were controlled and twelve additional ordinance-damaged wells were secured and returned to production.

In May, 2004, Boots & Coots was selected as the response team by Northern Iraq Oil Company (NIOC) for a large gas well blowout in the Kabbaaz Field near Kirkuk. Boots & Coots was the first service company to work directly for Iraq’s national oil company. These projects were the most demanding and dangerous well control response efforts since Desert Storm in 1991.


http://www.bootsandcoots.com/control/wellcontrol.htm
 

kc0iv

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The companies responsible for extinguishing the fires in Kuwait were the Red Adair Company (now sold off to Global Industries of Louisiana), Boots and Coots (now Boots and Coots/IWC), Wild Well Control, Safety Boss, Cudd Well/Pressure Control, Neal Adams Firefighters, and Kuwait Wild Well Killers.


Before the systematic destruction of the oil fields began, Kuwaiti oil experts and executives from firefighting companies predicted a worst case scenario of about 150 wells destroyed. The actual damage turned out to be seven to eight times greater. A huge amount of equipment and resources were needed to address this disaster. Officials knew, however, that the greatest single problem hindering the well capping efforts was that the Iraqi destruction of the Kuwaiti infrastructure, during the period of occupation, effectively eliminated Kuwait’s capability to undertake a damage control program. This prompted a massive mobilization of well control resources from around the world. In all, more than 10,000 workers from 37 countries were called in to assist in well control. Resources necessary to extinguish and cap the wells included: 361 water lagoons, each with a 1 million gallon capacity; 450 km of water piping; and more than 5,000 pieces of heavy equipment. The first of this equipment arrived in country via a military airlift on March 15, 1991.

The first firefighting companies to get involved with the Kuwaiti oil well fires were from North America. These first firefighters were the internationally known "Big Four": Red Adair, Boots and Coots, Safety Boss, and Wild Well Control, Inc. Bechtel, Inc. provided all of the construction and logistical support for the project. OGE Drilling-Kuwait, Inc. was given the initial responsibility for the coordination of the multiple firefighting teams. Santa Fe drilling company joined in this effort as the number of firefighting teams grew. These companies began arriving in Kuwait on March 11, 1991 and initiated firefighting activities on March 16, 1991. After several months of working almost exclusively with the four teams, the Kuwaiti Government reassessed the oil fire situation. It was determined that due to the slow pace of progress, additional support would be needed. By the end of August, firefighting teams from France, Hungary, China, Iran, USSR, and the UK had joined in the firefighting efforts.

By September 1991, the number of firefighting teams in Kuwait had grown to 27. This led to a corresponding increase in the daily average of wells capped per day, from 3 in May 1991, to 8 in October 1991.[230] By October 10th, firefighters had capped 566 of the roughly 750 damaged wells in Kuwait. See: http://www.gulflink.osd.mil/owf_ii/owf_ii_tabc.htm

Leon
(kc0iv)
 

lanichol

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Leon,

Your information is correct in Kuwait. This illustrates the point that in the oil field it takes a multitude of contractors to get a job done. In Iraq, there were multitudes of contracts that fell under the Halliburton contract. We do not have bad contractors in the oil field, they either get the job done or go broke.



The Bush administration took the first step by designating a division of Halliburton, Dick Cheney's old firm, to coordinate hellfighting efforts. Halliburton has a longstanding formal alliance with Boots & Coots, the company Hansen and another ex-Adair lieutenant, "Coots" Matthews, founded decades ago in Houston and later sold. A spate of new fires could revive Boots & Coots, which had been teetering toward bankruptcy under its new owners.
2003
http://www.villagevoice.com/news/0313,harkavy,42844,1.html



Boots & Coots International Well Control
Employees: 399
Employee growth: 12.4%

Boots & Coots International Well Control scoots to the rescue of oil companies faced with oil and gas well blowouts and fires. Besides being in the "hellfighting" business, the company contains oil and hazardous material spills, restores affected sites, and provides snubbing and noncritical services such as troubleshooting and contingency planning. Post-Gulf War contracts in Iraq, as well as the disposal of noncore operations, helped the company mitigate some of its earlier financial difficulties. Boots & Coots' founders, including Boots Hansen and Coots Mathews, learned their trade working for industry pioneer Red Adair. Oil States International unit Oil States Energy Services owns 15% of the company.

Key numbers for fiscal year ending December, 2006:
Sales: $97.0M
One year growth: 228.5%
Net income: $11.2M
Income growth: 301.4%

Halliburton
Employees: 104,000
Employee growth: (1.9%)

Ah, that feels better. Oilfield services giant Halliburton is feeling a lot lighter now that it has divested its KBR engineering and military contracts division. The company made the move so it can concentrate on its own dream -- to be the largest oilfield services company in the world. Halliburton provides production optimization, drilling evaluation, fluid services, and oilfield drilling software and consulting. It combines tried and true well drilling and optimization techniques with high-tech analysis and modeling software and services. Halliburton works in established oilfields from the North Sea to the Middle East as well as in newer sites in Southeast Asia and Africa.

Key numbers for fiscal year ending December, 2006:
Sales: $22,576.0M
One year growth: 7.5%
Net income: $2,348.0M
Income growth: (0.4%)
 

Jazzenjohn

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Both were contractors. I named 7 companies
Halliburton supplies the equipment and has a broader range of services than the fire fighters. The contractors bill thru the main contractor as they are in charge. Thus Boots & Coots cost over runs are Halliburton over runs.


KBR is the engineering and construction subsidiary of Halliburton. Everybody knows that

HOUSTON - KBR (Kellogg Brown & Root) has been awarded a contract from the US Army Corps of Engineers to put into action a contingency plan the company originally developed at the Department of Defense's (DoD) request for assessing and extinguishing oil well fires in Iraq and evaluating and repairing, as directed by the US government, the country's petroleum infrastructure. KBR is the engineering and construction subsidiary of Halliburton This is just a Publicity statement

KBR was selected for this award based on the fact (LIE) that KBR is the only contractor that could commence implementing the complex contingency plan on extremely short notice. (The first gulf war showed that not only could the 7 other companies do it themselves, it showed that KBR DIDN'T EVEN KNOWHOW TO DO IT THEMSELVES Thats why they had to subcontract it out) This contract will be used for an interim period, until the US Army Corps of Engineers procures additional contracts to provide a broad range of services required to support full execution of the contingency plan. KBR is leveraging the expertise of personnel from Halliburton's Energy Services Group for oil well services and engineering planning efforts. The only thing KBR was leveraging was their inside man in the white house

KBR has subcontracted the firefighting portion of the work to Houston-based companies Boots & Coots International Well Control, Inc. and Wild Well Control, Inc
.... Because they couldn't do it themselves, although they certainly had the ability to add there own markup to the costs!!

In 1991, Halliburton crews brought 320 wells in Kuwait under control in less time than was expected following the Gulf War. More than 190,000 work hours were incurred on this project without a lost-time accident. Originally scheduled as an 18-month project, Halliburton's crew extinguished 90 percent of the blowouts within one year of the beginning of operations.

That is, of course, a bald faced lie, They didn't do it... The companies I named did it. That is as stupid as saying I performed brain surgery because I hired someone to do it for me.

http://www.halliburton.com/news/arch...nws_032403.jsp

In 2003, Boots & Coots was selected as the well control team of choice by the U. S. Department of Defense and the Corps of Engineers for the recent Operation Iraqi Freedom and Project RIO (Restore Iraqi Oil) campaigns in Iraq. Four major blowouts were controlled and twelve additional ordinance-damaged wells were secured and returned to production.

In May, 2004, Boots & Coots was selected as the response team by Northern Iraq Oil Company (NIOC) for a large gas well blowout in the Kabbaaz Field near Kirkuk. Boots & Coots was the first service company to work directly for Iraq’s national oil company. These projects were the most demanding and dangerous well control response efforts since Desert Storm in 1991.

So why didn't we just hire the experienced well control team of choice Boots and Coots? Cuz cheney wanted a cut. Obviously.

If it were a democrat administration that started an illegal war and cheated the U.S. Taxpayers out of truckloads of loot, you would be able to see through the propaganda and BS. How come you can't now?
 

bogman

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There were 39 combat related killings in Iraq in January 07.

In the fair city of Detroit there were 35 murders in the month of January. That's just one American city, about as deadly as the entire war-torn country of Iraq.



When some claim that President Bush shouldn't

have started this war, state the following:



FDR (DEMOCRAT) led us into World War II.
Germany never attacked us ; Japan did.

From 1941-1945, 450,000 lives were lost . an average of 112,500 per year.



Truman (DEMOCRAT) finished that war and started one in Korea North Korea never attacked us. From 1950-1953, 55,000 lives were lost ...

an average of 18,334 per year.



John F. Kennedy (DEMOCRAT) started the Vietnam conflict in 1962. Vietnam never attacked us.



Johnson (DEMOCRAT) turned Vietnam into a quagmire. From 1965-1975, 58,000 lives were lost .. an average of 5,800 per year.



Clinton (DEMOCRAT) went to war in Bosnia without UN or French consent.Bosnia never attacked us . He was offered Osama bin Laden's head on a platter three times by Sudan and did nothing. Osama has attacked us on multiple occasions.



In the years since terrorists attacked us , President Bush has liberated two countries, crushed the Taliban, crippled al-Qaida, put nuclear inspectors in Libya , Iran , and, North Korea without firing a shot, and captured a terrorist who slaughtered 300,000 of his own people. And the Democrats are complaining about how long the war is taking.

But Wait, there's more.



It took less time to take Iraq than it took Janet Reno (DEMOCRAT) to take the Branch Davidian compound. That was a 51-day operation..



We've been looking for evidence for chemical weapons in Iraq for less time than it took Hillary Clinton (DEMOCRAT) to find the Rose Law Firm billing records.




It took less time for the 3rd Infantry Division and the Marines to destroy the Medina Republican Guard than it took Ted Kennedy to call the police after his Oldsmobile sank at Chappaquiddick.

It took less time to take Iraq than it took

to count the votes in Florida!!!



Our Commander-In-Chief is doing a GREAT JOB ! The Military morale is high!
The biased media hopes we are too ignorant
to realize the facts.
 

lanichol

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So why didn't we just hire the experienced well control team of choice Boots and Coots? Cuz cheney wanted a cut. Obviously.

In Iraq the most important item is getting the equipment in place. Halliburton in Iraq was acting as the operator. All bills pass thru Halliburton. The exact bill sent to Halliburton is sent to the gov with the addition of Overhead supervision.

Boots and Coots does not have the people resources or equipment to handle a large situation. In an oil field fire in the US, you still use Halliburton equipment, dozers, water haulers, mud men, and other contractors if you hire Boots and Coots. Their job is critical and risky, but minor compared to the total operation.

It would be like sending the local fireman out to fight a fire without the fire truck. You will not put out the fire without the fireman, but the fireman is useless without the firetruck. So you hire the guy with thousands of fire trucks and have them on call ready to go. You don't put a few fireman in charge of getting hundreds of pieces of equipment and supplies they don't own to possibly multiple fires.
Kuwait caught everyone by surprise. In Iraq they were ready for the possibilty of a similar situation. Plus they only had to call one company. If they needed more hell fighter contractors, they just call them in. You have to put someone in charge in the field. Would it be logical to put Boot & Coots in charge of calling in their competition?

The military did a great job in protecting the Iraq oil fields which was the greatest problem in Kuwait. The problem in Iraq was their military and terrorist did not surrender as they did in Kuwait. Big assumption. Big mistake.

If it were a democrat administration that started an illegal war and cheated the U.S. Taxpayers out of truckloads of loot, you would be able to see through the propaganda and BS. How come you can't now?

My first job out of college was with Halliburton as a field engineer. I later returned to college and since have used Halliburton and their competition for 20 years. They are priced fair and I trust them to do a good job. Oil companies depend on the service companies doing a good job. The service companies would be out of business like Dresser if they did not do a good job. If it was not for the american oil industry, you Mich. boys would be moving to Florida. We are not the bad guys.

I would love to chat as I think these conversations help people understand our energy situation. But I have to leave tonight for the drilling rig (280 miles), hopefully finding more oil in the next few days. I too, am one of the hired guns 24/7 like thousands of other contractors. I represent the operator & my job is to drill, describe the cutting and oil shows, test, log (Hal), run casing, and cement the casing (Hal). At this point the well is turned over to the completion engineer. If the completion engineer and Halliburton don't screw it up we should get oil out of the ground.

I'll be sure to watch those shady Halliburton guy and see if they are hauling truckload of money off location.

I just did not know.

We need to get the fuel price down, fuel is getting too expensive for flying and it is killing our economy.
 
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LuftCarl

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Holy Cow Miles!

Nice job of pulling true statements out of context. I am by no means a liberal or a Democrat, but that was just plain deceptive. You completely left out important facts such as Germany was Japans ally and declaring war on one is essentially the same as declaring war on both, not to mention Italy and the other lesser know axies powers. Or the fact that South Korea was also an ally of the US. What's the point in having alliances if you don't back them up?

I'm not going to debate you on a point by point basis. I just want you to know you aren't fooling everyone.

Hava nice day.
 

automan1223

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There would not be a problem....

There would not be a problem....

When you have time look up "Sibel Edmonds" The NSA translator who found high level treason by Bush administration officials. That gave nuke technology to Khan in Pakistan. By doing that you might as well have given it to North Korea, Iran and the rest of the Jihad.

Edmonds has since been gaged by the state secrets act over this and other treasonous activities.

The reason bin laden was never apprehended was the fact that he was OUR asset. You need a patsy every once in a while.

If you call killing about 1 million Iraq citizens "liberating" you have a sick sense of success.

You might want to consider that any dissent in the service, that gets any press, those folks end up dead. Of course morale is high, to say otherwise on camera is a death sentence.

Admiral Fallon resigned a few weeks ago. His comments should be common knowledge but they were only picked up by a few alternative media outlets. God help us.

Jonathan





Clinton (DEMOCRAT) went to war in Bosnia without UN or French consent.Bosnia never attacked us . He was offered Osama bin Laden's head on a platter three times by Sudan and did nothing. Osama has attacked us on multiple occasions.



In the years since terrorists attacked us , President Bush has liberated two countries, crushed the Taliban, crippled al-Qaida, put nuclear inspectors in Libya , Iran , and, North Korea without firing a shot, and captured a terrorist who slaughtered 300,000 of his own people. And the Democrats are complaining about how long the war is taking.

But Wait, there's more.


Our Commander-In-Chief is doing a GREAT JOB ! The Military morale is high!
The biased media hopes we are too ignorant
to realize the facts.
 

Jazzenjohn

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Jeeez Miles, most of that stuff is too stupid to bother commenting on. I'll point out a few though.
<There were 39 combat related killings in Iraq in January 07.

In the fair city of Detroit there were 35 murders in the month of January. That's just one American city, about as deadly as the entire war-torn country of Iraq.>

39 is about half our average, but is 39 all? You apparently only count part of the occupying force, because there were far more than 39 insurgents killed, far more than 39 innocent civilians killed, far more than 39 Iraqi policemen killed. Why aren't you counting the deaths among the tens of thousands of contractors? Why aren't you counting the casualties among the rest of the coalition?

<FDR (DEMOCRAT) led us into World War II.
Germany never attacked us ; Japan did.>

I seem to recall they declared war on US.

<John F. Kennedy (DEMOCRAT) started the Vietnam conflict in 1962. Vietnam never attacked us.>

Hmmm. What were all those military folks doing over there from 1955 to 1962? Vacationing? You want to blame it on Kennedy but Eisenhower was deploying troops and paying for 80% of the war back in 1955.

<Johnson (DEMOCRAT) turned Vietnam into a quagmire. From 1965-1975, 58,000 lives were lost .. an average of 5,800 per year.>

Damn, I wish I could dispute this, but It's pretty much true. However, If he'd have pulled the troops out, I'm sure he'd be accused of "cutting and running" instead.


<In the years since terrorists attacked us , President Bush has liberated two countries, crushed the Taliban, crippled al-Qaida, put nuclear inspectors in Libya , Iran , and, North Korea without firing a shot, and captured a terrorist who slaughtered 300,000 of his own people. And the Democrats are complaining about how long the war is taking.>

This is laughable. gw hasn't liberated anything. The Taliban is as strong now as it ever was, only waiting for the occupiers to leave to take control once again. A Quagmire.

There were essentially no al-Qaida in Iraq before this fiasco, now there are tens of thousands. There were at best 5000 al-Qaida in the rest of the world before he attacked them, now the estimates range as high as 100,000. This is entirely due to bush.

One of the reasons Iran and Libya have so much money to spend on nuclear weapons, as well as conventional ones, is the huge spike in oil prices caused by bush starting a war in the middle east. It costs exactly as much now to pump it out of the ground now as it did in 2000, They just get an additional $80 profit a barrel for it. Iran pumps out 4 million barrels a day. Multiply that times the added $80 per barrel profit and viola, $320,000,000 More profit per DAY... $8,400,000,000 MORE profit per WEEK... $33,600,000,000 MORE profit per Month... Over one and a half TRILLION dollars of EXTRA profit because of the war bush started, in Iran alone. One and a Half Million BIG Suitcases, Filled to the brim with money. In Iran Alone. About the same for Libya too. Same goes for the U.S., Norway, Canada, etc. etc. etc.

That's where your gas money is going, with a little bit to some high priced PR/spin doctor companies to blow smoke up your butt about why gas is so high.
 
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kc0iv

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Jeeez Miles, most of that stuff is too stupid to bother commenting on. I'll point out a few though.
<There were 39 combat related killings in Iraq in January 07.

In the fair city of Detroit there were 35 murders in the month of January. That's just one American city, about as deadly as the entire war-torn country of Iraq.>

39 is about half our average, but is 39 all? You apparently only count part of the occupying force, because there were far more than 39 insurgents killed, far more than 39 innocent civilians killed, far more than 39 Iraqi policemen killed. Why aren't you counting the deaths among the tens of thousands of contractors? Why aren't you counting the casualties among the rest of the coalition?

<FDR (DEMOCRAT) led us into World War II.
Germany never attacked us ; Japan did.>

I seem to recall they declared war on US.

<John F. Kennedy (DEMOCRAT) started the Vietnam conflict in 1962. Vietnam never attacked us.>

Hmmm. What were all those military folks doing over there from 1955 to 1962? Vacationing? You want to blame it on Kennedy but Eisenhower was deploying troops and paying for 80% of the war back in 1955.

<Johnson (DEMOCRAT) turned Vietnam into a quagmire. From 1965-1975, 58,000 lives were lost .. an average of 5,800 per year.>

Damn, I wish I could dispute this, but It's pretty much true. However, If he'd have pulled the troops out, I'm sure he'd be accused of "cutting and running" instead.


<In the years since terrorists attacked us , President Bush has liberated two countries, crushed the Taliban, crippled al-Qaida, put nuclear inspectors in Libya , Iran , and, North Korea without firing a shot, and captured a terrorist who slaughtered 300,000 of his own people. And the Democrats are complaining about how long the war is taking.>

This is laughable. gw hasn't liberated anything. The Taliban is as strong now as it ever was, only waiting for the occupiers to leave to take control once again. A Quagmire.

There were essentially no al-Qaida in Iraq before this fiasco, now there are tens of thousands. There were at best 5000 al-Qaida in the rest of the world before he attacked them, now the estimates range as high as 100,000. This is entirely due to bush.

One of the reasons Iran and Libya have so much money to spend on nuclear weapons, as well as conventional ones, is the huge spike in oil prices caused by bush starting a war in the middle east. It costs exactly as much now to pump it out of the ground now as it did in 2000, They just get an additional $80 profit a barrel for it. Iran pumps out 4 million barrels a day. Multiply that times the added $80 per barrel profit and viola, $320,000,000 More profit per DAY... $8,400,000,000 MORE profit per WEEK... $33,600,000,000 MORE profit per Month... Over one and a half TRILLION dollars of EXTRA profit because of the war bush started, in Iran alone. One and a Half Million BIG Suitcases, Filled to the brim with money. In Iran Alone. About the same for Libya too. Same goes for the U.S., Norway, Canada, etc. etc. etc.

That's where your gas money is going, with a little bit to some high priced PR/spin doctor companies to blow smoke up your butt about why gas is so high.

Well if you think Eisenhower was the first president paying for the war in Vietnam you would be wrong. Good old Truman was there before Eisenhower. President Truman approves $10 million in military assistance for anti-communist efforts in Indochina on May 1, 1950. In Sept. 1950 Truman sends the Military Assistance Advisory Group (MAAG) Indochina to Vietnam to assist the French. The President claimed they were not sent as combat troops, but to supervise the use of $10 million worth of US military equipment to support the French in their effort to fight the Viet Minh forces. Following the outbreak of the Korean War, Truman announces "acceleration in the furnishing of military assistance to the forces of France and the Associated States in Indochina…" and sends 123 non-combat troops to help with supplies to fight against the communist Viet Minh.
951 - Truman authorizes $150 million in French support.

One other points Lieutenant Colonel A. Peter Dewey was the first American casualty in Vietnam on Sept. 26, 1945.

If I recall correctly it seems Clinton launched a few cruise missiles at al-Qaida well before GW was on the scene. But then again being it was Clinton al-Qaida said that is OK.

Leon
(kc0iv)
 

bogman

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"That's where your gas money is going, with a little bit to some high priced PR/spin doctor companies to blow smoke up your butt about why gas is so high."



Lest you forget!!!
In just one year



A little over one year ago:
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) the unemployment rate was 4.5%.


Since voting in a Democratic Congress in 2006 we've
seen:
1) Consumer confidence plummet;
2) the cost of regular gasoline soar to over $3 a gallon;
3) Unemployment is up to 5% (a 10% increase);
4) American households have seen $2.3 trillion in equity value
evaporate (stock and mutual fund losses);
5) Americans have seen their home equity drop by
$1.2 trillion dollars;
6) 1% of American homes are in foreclosure.


America voted for change in 2006, and we got it!
 

Jazzenjohn

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It looks like someone lets a bloated, drug abusing, am radio talk show host with a limp d1ck do their thinking for them...
 

Resasi

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Isn't quarterbacking great. One can sit back take your time do research and find something that fits and supports ones own idea of what went on.

1) There is generaly not the luxery of time when the evnt in question was occurring.

2) Life goes on. Since humans have demonstrated their complete inability to learn from history let us focuss on the here, now and future in the same intensive manner as we do bickering about the past. It is then quite likely something of value might emerge along of course with the inevitable f****ps that occurr naturately as part of life
 

Jazzenjohn

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Your right Leigh.
I'm trying now to amass a pile of parts for a gyro. I took a couple pics of the front wheel but I don't have a good enough signal to send it to my e-mail right now.
 

Resasi

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London/ Kilifi Kenya
Aircraft
Gyrs, RAF 2000/Mgni/Bnsn/Hrnet/Mrlin/Crckt/MT-03/Lyzlle AV18-A/Prdtor. Pax ArrowCopter
Total Flight Time
100+ gyro, 16,000+ other
Sitting here at Bensen days in pouring rain looking at gyro parts dealing with the here and now.
 

Jazzenjohn

Gold Supporter
Joined
Oct 9, 2004
Messages
2,936
Location
Milan Mich.
Aircraft
I've designed, built, and flown 4 different ultralight gyros. Amassing parts for a 2 place now.
Total Flight Time
400+
Sorry to hear about the rain. :(
 

lanichol

Senior Member
Joined
Mar 24, 2004
Messages
1,503
Location
NW, KS
Aircraft
RAF 2000 AAI Modified, Var Pitch IVO, hydraulic pre-rotator, mechanical FI
Total Flight Time
18 hrs gryo & training
If you took the speculators out of the oil industry you would have eliminated one of the larger variables for gas price fluctuations. Until 1987 the refineries made direct purchases from the producers. Oil producers were willing to sign a 6 month contract with a 50 cent bonus.

If you were the purchasing agent for a refinery. How much crude could you afford to carry in inventory? We are now a "just-in-time" mode. The crude comes in & gas goes out. To deter the risk a refinery has to ask for a larger margin in case the price drops and/or carry a small inventory.

Now this does not eliminate the international variables such a Chevez moving his miltary close to an oil producing country.

When Clinton did a release from the oil reserves, the people that bought the oil were speculators. The refineries did not want the crude because it is sour..lots of sulfur and is difficult to refine. But it did scare the commodity players. It is a perfect example of the margin the players contributed to the price.

If you want to blame the oil companies, then make the buyer take delivery.

Research the idea and contact your representative. I don't think it will happen during an election year.


Congress told speculators not driving up oil price

http://www.reuters.com/article/poli...feedType=RSS&feedName=politicsNews&rpc=22&sp=


Sean Cota, who heads a heating fuel dealers trade group, told lawmakers the amount of money speculators are required to put up to trade oil futures should be increased.

"It has become apparent that excessive speculation on energy trading facilities is the fuel that is driving this runaway train in crude oil prices," Cota said.

"Hedge funds and investment banks are not driven to provide U.S. citizens the most affordable energy supplies; they are driven to profit from volatility," Cota said.

Cota urged lawmakers to support a bill that would require traders in oil futures to take actual delivery of the crude, which would effectively chase speculators from the market.

Chances of passing that bill, sponsored by Rep. John Larson of Connecticut, during this election year were unclear.
 
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