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dubai urbanization
Time-lapse video showing how the price we pay for UAE oil is growing a city. Just think, that growth could be US!
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hepsy 10 months ago
That thank you would be laced with enough sarcasm to knock out a rhino.
LOL! I wouldn't expect less!
amnestymyazz 10 months ago
There are several things that affect both the business aspect of oil, and fuel price at the pump. Pa … Show full comment
I agree. All too often we go with the emotional side of things before thinking how it effects us in the long run. It all effects the cost of a loaf of bread. Either through the cost of goods/services or the effect on our wages.
hepsy 10 months ago
It's not just legislation. I truly feel that is the least of our problems. It's the attitude of the … Show full comment
There are several things that affect both the business aspect of oil, and fuel price at the pump. Part of it is attitude, part control. I'm including in the latter control from media, unions and congress. I'm naming media because the money that backs it (the major distributors of editorial they call "news") shows an interest in retaining power, and asserting more. Unions, IMHO, for the most part have outlived their usefulness and have a major impact on the way business is run and the cost of goods.
Congressional donkeys too frequently pass legislation backed more by emotion rather than sense. I have wondered who in Washington is capable of making unemotional decisions. After the happiness of those emotional bills wear off, we, US, are left with the reality of inexpedient legislation. This includes bills that affect oil industry. (I would prefer Congress pay more attention to stopping bad bills in favor of passing a few good ones, instead of being a bill factory.)
The attitude, of workers, employers, consumers and citizens, is either based from emotion or sense, like the Congress we elect. Unfortunately, because it feels better to admire things such as the magnificent building of Dubai, its impact on US is lost to the emoters. It feels better to say, "not in my back yard" than to admit the greater loss by putting things in foreign back yards. It feels better to blame oil companies, manufacturers, truckers, distributors, etc. for cost of petroleum products than to accept responsibility for supporting feel-good legislation, and change what can be changed.
How much Dubai makes isn't something to worry about.
How often we feed those inimical to US while our own family goes hungry, is.
amnestymyazz 10 months ago
I agree, that's why I said Congress. The Left pushes this stuff and most of those opposing it sit on … Show full comment
It's not just legislation. I truly feel that is the least of our problems. It's the attitude of the average worker that there is an endless supply of money in the pockets of those who mortgage their future to become business owners. Unions love to leverage their position. Hold a business hostage until they sign labor agreements that cannot be supported. A few years back United Airlines signed a deal with the mechanics union stating at the time the deal will bankrupt them within a year. A year later it came to pass. These guys were making in the neighborhood of 30 bucks an hour when they went on strike. Their reasoning? The other locals in other states had a better deal. I'm not anti union. It has it's place. However we are reaping the rewards of being uninformed workers thinking we hold all the cards when it comes to negotiating with our employers. Like I said, we have priced ourselves right out of the market. We need to stop worrying about how much someone else is making and decide what is fair for us.
countryplowboy 10 months ago
I will step out on a limb here. Everyone posted logical, seemingly fact-based opinions. However I … Show full comment
I agree, that's why I said Congress. The Left pushes this stuff and most of those opposing it sit on their @sses and let it pass. Therefore it is the fault of everyone in congress.
amnestymyazz 10 months ago
I will step out on a limb here. Everyone posted logical, seemingly fact-based opinions. However I think there is one major component missing from this whole discussion. It is just cheaper to manufacture anything outside the USA. Combine that with the fact that the US is THE major player in the consumption of oil. It's not just gasoline as Hepsy pointed out. Oil is the soy bean of the fossil fuel family. We get hit coming and going. My opinion on domestic oil production and our dependence on foreign oil is documented. In short we need to stay home. My point is it is not the fault of Dems, Republicans or any other political faction. The US worker, unions et al price themselves right out of the market. We then yell and scream when domestic manufactures fly the coop to wherever because it just costs too much to do business here. Whose fault is it? Conservatives? Liberals? Nope. Mine and yours.
countryplowboy 10 months ago
Those aren't quite the words I'd use!
That thank you would be laced with enough sarcasm to knock out a rhino.
Elitheros (Libertarian) - 10 months ago
OK. Take out the UAE. Replace it with Saudi Arabia. I have no problem recognizing and naming an erro … Show full comment
Dubai is built on a diverse portfolio, streaming from strong business favorable policies and migrant worker policies with India/China. They boast a lot of investment from India, China, and the EU as well. In the Oil, Natural Gas, technology, tourism, finance, and services industries. The funds come from multiple places.
Dubai started with money coming from energy exports, but has greatly diversified and made an economic name for themselves separate from the rest of the 'oil only' Middle East.
The UAE has Oil, yet not all of the UAE is as built up as Dubai. Dubai can thank its increased and accelerated differences to its diversification. The remaining emirates (Abu Dhabi, Sharjah, Ajman, Umm al-Quwain, Ras al-Khaimah and Fujairah) are not as savvy in the markets, not yet. They are beginning to look at Dubai and think about ways to change.
Crude Oil and Total Petroleum Imports Top 15 Countries - May 28, 2009 - http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html
You will see the UAE is not even in the top 15.
hepsy 10 months ago
Saudi Arabia is not the UAE. They are separate nations. Saudi Arabia is not a component of the UAE. … Show full comment
OK. Take out the UAE. Replace it with Saudi Arabia. I have no problem recognizing and naming an error, so have no need to pretend I am perfect.
If it pleases you and makes you feel better, go ahead and think me confused. Better yet, why not just call me jlhiggins, LOL!
Saudi Arabia and UAE aren't the same.
Doesn't change the fact that Saudi Arabia is in the top three (if not top two) sources of US oil product import.
Also does not change the fact that Saudi Arabia GDP is chiefly derived from Oil product export.
Your information differs from CIA and EIA.
Question: In your opinion, where do the funds come from, that build Dubai?
Elitheros (Libertarian) - 10 months ago
If you look at the statistics, you will find: 1) US Oil is imported chiefly from Canada, Mexico and … Show full comment
Saudi Arabia is not the UAE. They are separate nations. Saudi Arabia is not a component of the UAE. The UAE is not Saudi Arabia. They are separate and independent. A comply different entirely. I think you are confused about the realities of Middle East geography.
The EU, India, and China invest more in the UAE, and not just in Oil, than the US does. The UAE has a more diversified economy than the rest of the Middle East, including tourism, technology, finance, service industries, and more.
Our Middle East oil comes primarily from Kuwait, Iraq and Saudi Arabia. Yet the combined amount of American oil, from Canada and South America is greater. We also pull in a large amount from Norway and Russia. We are not completely dependent on nor single handily building Dubai. FYI - I never said I was opposed to domestic production.
Their success is due to wise trade policies, savvy migrant worker programs, and a smart business sense. Something the US is begging to lack in.
hepsy 10 months ago
We get most of our Oil from Canada, South America, Saudi Arabia/Kuwait and Russia. The EU, India, an … Show full comment
If you look at the statistics, you will find:
1) US Oil is imported chiefly from Canada, Mexico and UAE (2007 EIA data shows Saudi Arabia the 2nd largest source of US oil)
2) Saudi Arabia is the biggest component of UAE
3) Saudia Arabia s GDP is chiefly derived from oil
4) United States is still the biggest imported oil consumer
Yes, the smart business sense can build elitist havens while the common Saudi citizen is deprived of the benefit from the oil wealth.
And oil is used for much more than to fill gas tanks.
Why did you introduce price gouging?
Doesn t matter how you color it, the people who cry against using domestic resources and prevent its use by the American people, are building the Dubai that is available to only the richest in the world.
As far as I am concerned, those who fight the prudence of using our resources and instead insist on buying from inimical sources, are requiring unsuspecting consumers to build the extravagance.
Elitheros (Libertarian) - 10 months ago
We get most of our Oil from Canada, South America, Saudi Arabia/Kuwait and Russia. The EU, India, and China invest more in the UAE, and not just in Oil. They have a more diversified economy than the rest of the Middle East, including tourism, technology, finance, and more.
Their success is due to wise trade policies, savvy migrant worker programs, and a smart business sense, not oil price gouging.
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