i have a friend up the street who gets 4-5 cords a year with his car.on his way home he stops and gets wood on the side of the road all year long. one old small saw,and splits it all by hand.i am impressed at how little his cost are.
Any price of crude below $85 --$ 100 per barrel is going to hurt the industry. Exploration & drilling is a multi-billion $ business.I feel this new found glut of oil and gas is going to backfire on us dramatically down the road! Just postponing the inevitable.
That will be the least of it. We were already approaching the point where the price the economy could tolerate wasn't high enough to pay for extracting this hugely expensive oil, with investors running for the exits or losing their shirts. This game of chicken with Russia may kick it over the edge.If this continues we're going to see a lot of layoffs
This game of chicken with Russia may kick it over the edge.
Off topic, but a couple of posts in this thread bring to mind some issues I ponder once in a while:
Do White Heathens co-exist peacefully with the neighboring Mahometans?
Is the Urbanization of Champaign a problem?
Why isn't Fulton in Fulton County, or Clinton in Clinton County?
( I grew up in Illinois, by the way.)
But SA is not in the position they were the last time we pulled this maneuver to damage the USSR economy. SA is past peak, with a huge water cut - they are pumping water with a thin stain of oil. I doubt they can keep it up long enough. And all the while Russia builds stronger ties with Asia.Game of chicken? It's an all-out cockfight in what is probably the first skirmish of a new cold war.
The Saudis are quite happy pumping like there is no tomorrow right now -- it is putting the economic screws to Iran during the nuclear talks, it is revenge on the Russians for supporting Assad in Syria, politically they're helping the Americans on the world stage while simultaneously commercially keeping the American & Canadians from taking any bigger piece of the pie.
I'd tell your buddy to send that suckah down the road! Seems there are plenty of future wood slaves waiting in line for a "good deal" on a used OWB, so I would think they should be able to recoup most of their initial "investment", then insulate and install a stove as you said...I have a buddy that lives in an uninsulated home, last year he burned over 64 full sized truck loads of wood. They said before they bought their OWB, their heating bill was very high. They spent 8,000 on the boiler. They can't keep up, he works a ton of hours and she is working now also. That would be a situation that would be tough. Unfortunately they could have invested that 8,000 in insulation along with a chimney liner and stove and in return burned a fraction of the wood and stayed much warmer. After spending that much for the boiler, they became slaves to it.
my house is heated with geo-thermal through the floors and a swear it costs no more then $15 a month just to run the heat exchanger and circulation fan. takes a while to adjust the heat because it takes so long to heat up or cool down but once it's set right i'm laughing. floors always be nice and toasty, air always be just right and i can set every separate room to be a different temp. i only sell wood these days but i do miss burning it for heat.