[opendtv] Re: A Station Group with a Future
- From: "John Willkie" <johnwillkie@xxxxxxxxxxxxx>
- To: <opendtv@xxxxxxxxxxxxx>
- Date: Fri, 2 Feb 2007 20:28:30 -0800
People tend to wait in line at tortilla shops. Now, they fume. Tortillas
are to Mexicans what bread, meat and potatoes are to the folks in El Norte.
I assume that gal made her tortillas by hand. In restaurants in Mexico, it
is considered gauche to not make the tortillas in front of you. Then, the
food is slapped onto them, and they're gone within a few minutes or two of
manufacture.
The law of unintended consequences at work again. This is largely caused by
laws that artificially distort the market in the U.S. to encourage ethanol
in gasoline.
I heard a report on the BBC yesterday where a UCLA scientist with an accent
said that it takes more energy to process and distribute Ethanol into fuel
than it provides, and the end-game will be third-world countries that burn
off their rain forests to increase acreage for corn and to process it into
fuel. Of course, the increased dust will heat up the upper atmosphere
(since most of our heat comes from the Sun), but make temperatures cooler
near the surface.
John Willkie
_____
From: opendtv-bounce@xxxxxxxxxxxxx [mailto:opendtv-bounce@xxxxxxxxxxxxx] On
Behalf Of Allen Le Roy Limberg
Sent: Friday, February 02, 2007 5:57 PM
To: opendtv@xxxxxxxxxxxxx
Subject: [opendtv] Re: A Station Group with a Future
Making it tough on a lot of tortilla shops, I hear. I have fond memories of
an old gal just off the cathedral square in Puerto Vajarta, who is probably
dead now, but made the best damned breakfast tortillas I ever ate. Al
Limberg
----- Original Message -----
From: John <mailto:johnwillkie@xxxxxxxxxxxxx> Willkie
To: opendtv@xxxxxxxxxxxxx
Sent: Friday, February 02, 2007 6:19 PM
Subject: [opendtv] Re: A Station Group with a Future
The first analysis that oil production had peaked came in 1919. There were
others, in 1923 and 1926. The 1927 "Spindletop" discovery in East Texas
took care of the latter one.
And, all these are "static" analyses. If the price goes up, there's more
exploration, and it becomes cost-effective to get oil from locations that
were previously too expensive. Capped wells become uncapped and are pumped.
More dynamic than static analyses take into account.
Notice the post-Katarina effects. Short-term price spikes (but no long
lines at gas stations, unlike 1973-1974, and no rationing). Oil went up,
and now there's a glut. Prices have come down, although they might have
leveled off in recent weeks.
This is without talking about what Sunni Saudi Arabia is doing with pricing
and pumping to hurt Shia Iran and godless (at the highest levels) Venezuela
. (Iran exports oil, but imports most of its refined gasoline.)
John Willkie, somewhat a purist on this matter since he usually takes public
transportation and hasn't had heating in his home for more than 7 years, and
(mostly) lives in a country that exports more oil than it uses domestically.
P.S. Anybody else notice the disruption of ethanol on retail corn
(tortilla) prices in Mexico?
=============================
Other related posts:
