Showing posts with label gas. Show all posts
Showing posts with label gas. Show all posts

Monday, June 16, 2008

Stop And Shop Offers Relief at The Gas Pump

Stop and Shop has stepped up to the plate and brought back the value added gas coupon its shoppers seem to love so much. As of last Friday Stop & Shop has launched a new program where its shoppers can save as much as 40 Cents a gallon when you purchase $300.00 or more of groceries.

This program is a tremendous opportunity to working families here in town, and the offer is only available at the two locations here in Milford. Those stores are the ones located on and near the Post Road next to the Milford Mall and Silver Sands State Park.

The offer as has been explained to me by a store manager is incremental, shoppers who spend less than $300 will still receive a discount, but it drops a nickel with every $50 under the $300. so if you purchase $200 in groceries your gas discount will be reduced to .30 Cents a gallon. This is still a pretty good savings for all those folks out there with SUV's this could mean another $10.00 in your pocket.

My most sincere thanks to any and all people out there at Stop & Shop who brought this innovative idea to the residents and consumers here in Milford.

Wednesday, November 14, 2007

Sakhalin & Environmentalists challenge "Peak Oil"

The notion of "Peak Oil" may soon be a myth, with the re-emergence of the Russian empire at its helm. While many old timers during the Reagan Gorbachev era thought Russia had gone bankrupt and then into a group of dissenting rogue colonies, may soon be disappointed to know that this could become cold war history.

The Russian oil empire, is growing again, and this time the success of Lukeoil may be pale in comparison. At the farthest reaches of the Russian empire every major corporate giant and their friends are building the largest oil and gas project ever created. This project is so enormous that the Discovery channel has featured it on their "Building the Ultimate" series. Some of the oil exploration rigs can only be built at the largest shipyard on earth of which is located in South Korea.

This construction is currently underway on the economically challenged island of Sakhalin. This area once a struggling fishing and timber based community has now become a international city comprised of five thousand foreigners from the oil and gas exploration and construction industry.

The local, Russian natives, needless to say are not happy with the unwelcome intrusion and have staged several environmental protests including the obstruction of routes and aggravated construction delays and protests. With Global billions in international investment already made, all environmental and ecological concerns are being placated but not tolerated insofar as stopping the completion of this mammoth project. Oil and Gas is expected to begin flowing within the next three years alleviating most peak oil concerns for a while.

If the projected estimates of the attainable gas and oil are correct this project will save the world from the fear of peak oil for the next several decades, and in the process will make Russia the dominant oil superpower in the world. Russia's thirst for oil is still not over, even despite this large discovery, believe it or not they are claiming the North Pole all its oil, Gas, and Minerals, to include valuable gems for themselves.

Without any doubt the debate over who owns the North Pole is now alive and well with every nation on earth doing its bidding. This scenario is an eerie repeat of who owned America after Columbus discovered it in 1492, hopefully Global warming now, making oil exploration more viable, will not lead to a repeat of history where the world is at war over these new found territories and their associated resources.

Should the Sakhalin's oil rich regions stave off peak oil, this should be our cue to to come up with our alternative energy plan, to include a hydrogen based economy. To say that this environmental disaster of a discovery, (and project) without some sort of an alternative energy lesson is without merit, would in fact be a sad future energy agenda.
This dicovery should hopefully help alleviate the energy crisis in the US some time in the future.

Tuesday, November 13, 2007

A Crude Awakening Oil is expensive.

The price of gasoline has gone up over the weekend and is expected to go a even higher, even though the price per barrel dropped today. My quest to get to the truth about our local oil shock always drives me to research and find answers.

This drive of mine increased when my local gas station at the corner of High St, and the Post Rd. dropped his franchise and became an independent operator. His gas station is now called "USA Fuel" and shortly up the Post Rd. there is yet another patriotic gas station called "Patriot" fuel.

The frenzy to compete on gasoline is causing these gas stations to dump their franchisers with the result of lowering the price per gallon. My first impression was that these gas stations are making a lot of money with the high price of gas, but in reality the price hurts the local station because it reduces demand for the gasoline and most franchises only pay the stations for a fixed profit per gallon.

Wanting to know more I went to the Post mall and bought a documentary called "A Crude Awakening." This was the best thing I ever did in truly understanding the energy and oil situation not only here in Milford but in all of America.

The overall message of the movie is that Americans believed our oil would never run out, that it would be here forever. This is proving to be the biggest mis-perception of the century. Every nation on earth is now copying the great consumptive life we have built for ourselves in America. China, India, and Europe all aspiring for individual ownership of a car, a home, and the countless cheap plastic products we have come to enjoy so much.

There is only one problem, and that is that our oil reserves cannot reasonably sustain the good life we have in America spanned across the globe. The worlds new found thirst for oil is causing all the major oil regions of the earth to peak pressuring more outrageous political pressures and competition for oil.

Every industrial government wants to fuel their energy needs, but the supply of oil is not capable of sustaining the rate of growth that the world economy demands. Oil dubbed as the black devil has been the subject of wars, including most recently the gulf war and Iraq's invasion of Kuwait. According to the "A Crude Awakening" documentary the only place left on earth that has not peaked in its oil production is the "war torn" Middle East.

America has no energy plan should our energy demands begin to wane below our needs. The consequences of not having a cheap source of energy are unthinkable, and too upsetting to even think about. Richard Branson of the Virgin Industries has called this problem "serious" and invested several billions of his own money to start "Virgin Fuel" of which I personally hope he succeeds.

The very embarrassment of the energy crisis has led to our political leaders not being honest, just reassuring the public that everything is under control while they know otherwise. This dire energy situation coupled with politics is akin to you or me making up a lame excuse for why our failure to afford our electric bill resulted in the lights going off. Even though America has not had its lights shut off, it has been served with a "shutoff notice." Unfortunately the 9 Trillion charged to the national credit card is now "maxed out."

Politicians cannot and do not want to campaign with bad news. The people of America are perpetually hopeful that America will remain the greatest nation on earth forever and are diseased with "selective reception" and "selective perception" and as such only lying politicians are getting elected. The sooner America wakes up the sooner we can soften what otherwise may be an abrupt crash caused by global energy competition. One last point to note is that, despite this documentary, the CEO of Exxon Mobil is of the opinion that we have plenty of supply to meet future deamand.

CNBC Video:



Who is telling the truth?

Wednesday, November 7, 2007

A Bad Day on Wall Street

The Dow plunged today 360 points, with after hours trading poised to drop another 400 points by morning. This horrific news arrived on the heels of a battery of dismal events. General Motors posted a write down loss of 39 Billion, Morgan Stanley took a 3.7 Billion Dollar loss., Merrill Lynch took a 10 Billion Dollar Hit, Oil continues its climb to $100.00 a barrel.

There is some good news and that is a small minority of companies did post some modest gains and U.S. productivity is up, meaning Americans are working harder just to survive.

But the all encompassing bad news is that the Federal Reserve is failing in doing its job in maintaining the value of the Dollar. Actually they are doing a better job of sinking it than they are raising it back to a safe level. America still has not done its job in regulating our regulators. America needs some better days, because our land and businesses have gotten so cheap on the world markets that foreign companies are ravaging our despair like vultures picking at a dying carcass.

For all the locals here in Milford who think this does not affect you, think again. Southern CT Gas, and Energy East company has just been sold to Spain, meaning your home is now heated by a foreign company. There is a "Global Fire Sale" going on in America due to our failing Dollar on world markets. With the rate America is being sold off, the only jobs left may be foreign companies in the United States. We may be entering an era where Un-American Globalist companies rule in Washington.