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Tags: GasHole, Peter Gallagher

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Does This New Documentary Expose The Real 'GasHole's' ?
I had a chance to meet the two guys who put this together on my Fox show this morning

Here's the synopsis and trailer to their new documentaries... GasHole.

It's narrated by OC star Peter Gallagher.

"GasHole" is a new documentary film about the history of Oil prices and the
future of alternative fuels.

The film, narrated by Peter Gallagher, features interviews with a wide range
of viewpoints from US Department of Energy Officials, Congressional leaders
both Democrat and Republican, Alternative Fuel Producers, Alternative Fuel
Consumers (such as actor Joshua Jackson), Professors of Economics and
Psychology and more...

Directed by Jeremy Wagener & Scott D. Roberts, the film takes a wide, yet
detailed examination of our dependence on foreign supplies of Oil.

What are the causes that led from America turning from a leading exporter of
oil to the world's largest importer?  What are the economic and sociological
forces that have contributed to that change and impede its solution?  

The film examines many different potential solutions to our oil dependence.  
Starting with claims of buried technology that dramatically improves gas
mileage, to navigating bureaucratic governmental roadblocks, to evaluating
different alternative fuels that are technologically available now, to
questioning the American Consumer's reluctance to embrace alternatives.  

If you buy gas, you should see this movie!
Does This New Documentary Expose The Real 'GasHole's' ?



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carchickcarchick - 5/9/2008 6:52:26 PM
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I doubt that this documentary will scratch the surface of the 'gasholes' since the last thing anyone would need is negative publicity. It may just serve the purpose of educating people on gas consumption and alternatives available to them but it won't point a finger at any company directly.

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KirillerKiriller - 5/9/2008 7:26:07 PM
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these guys only made this movie to be able to affort todays gas for their new lambos

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EnnNorakEnnNorak - 5/9/2008 7:43:43 PM
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I'm not worried. Cheap solar energy and innovative new microbial processes for producing ethanol and other biofuels are just around the corner. Many are carbon neutral and there is even one process that actually sucks CO2 out of the atmosphere in a multistage process whose final product is a useable fuel.

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CLK63BlackSeriesCLK63BlackSeries - 5/10/2008 3:13:35 AM
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I'm lovin' the optomism...


mercuryguymercuryguy - 5/10/2008 5:28:46 PM
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We have been through this before. When the government put price controls in effect to control inflation and panic, the Oil Companies decided to just stop delivering gas to the stations, and everyone line-up at the pump, waiting for the next delivery.

Big corporations are making billions by selling gas, and persuading people to buy new cars they can’t afford, especially since they still owe money on their current car. The States love the Gas tax revenue to fund government jobs.

Working class people have to fund this economy, even to the point that it bankrupts us.

When was the last time you saw enormous numbers of people going bankrupt and losing their homes?

And they tell us inflation is modest at best. Does anyone believe these false numbers reported about the economy anymore?


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cdokecdoke - 5/10/2008 5:43:57 PMView My AgentSpace
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"When the government put price controls in effect to control inflation and panic, the Oil Companies decided to just stop delivering gas to the stations, and everyone line-up at the pump, waiting for the next delivery."

This is basic economics- the government setting the price below the market price (market clearing price) results in a shortage- plain and simple. Price controls are a horrible idea, not only does it cause shortages, but it also prevents the market from generating substitutes.

In fact there is an economics book called "the Doomsday Book": only only time there has ever been a catastrophic failure due to scarcity is when price controls have been set.


mercuryguymercuryguy - 5/10/2008 5:35:17 PM
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Yesterday the news took a poll to see if the nation is in recession, because we just are not sure anymore.

If you dare say we are in a recession, you are labeled pessimistic, even anti-American.

At least years ago, when the economy was in trouble, we had a president that would come on TV, and talk to the American people, and level with them.

Instead, today we get smoke and mirrors, and finger-pointing. I guess it is someone else’s fault.


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GodfatherSHMGodfatherSHM - 5/10/2008 10:35:45 PM
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we are not in a recession...in order to be in a recession you must have three consecetive quarters of negative growth in a row. THAT IS THE DEFINITION. We have not had negative growth in 7 years. We have slowed growth. Check the latest numbers, unemployment has maintened the EXACT same since Clinton was in office 5%. People need to quit blindly listening to the media and look at it themselves.


mercuryguymercuryguy - 5/10/2008 5:51:01 PM
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Buying a Forien Car isn’t really the answer.

These foreign cars are really gas-guzzlers in disguise.

I looked at the Audi Q7. It is a GAS 4x4.

Subaru Forester is bigger this year. And is again a Gas guzzling 4x4.

Toyota Sequoia is a GAS 4x4, and bigger than ever.

All these foreign vehicles are similar in size and Horsepower and have 4x4.

They get about the same mileage as a Ford Explorer.

The BMW 5 and 7 series are guzzlers as well, although somewhat less since they are 2 wheel drive.

Why does Audi and Subaru insist on the dinosaur technology of 4x4?

This market needs 2wd, Diesel sticks, today, not a decade from now.


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ShredmoShredmo - 5/11/2008 4:03:34 PM
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Someone driving a Marquis is telling me that the drivetrain on my '05 FXT is dinosaur compared to a live axle setup?

Ha ha ha ha ha ha ha. Ha ha. I'm guessing you didn't opt for the Marauder version either. I'd be sore too.


GodfatherSHMGodfatherSHM - 5/10/2008 10:38:55 PM
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Here is how you lower oil...
1. remove boutique gases: the fact that different states require different blends is ridiculous.
2. allow new refineriers to be built
3. allow drilling in ANWAR, Colorado, North/South Dakota, and off shore.

Those three things will drastically reduce our need for foreign oil. It is that simple, it's just not a quick fix, which there isn't one to this problem.

Someone needs to start suing that analysts who keep predicting lower supply numbers, causing the price to sky rocket, and then the report comes out with more than expected in the reserves, and the price doesn't drop back down...all of the stupid speculation is driving the price up, and people need to step up and tell them to shut up.

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cdokecdoke - 5/11/2008 12:26:36 AMView My AgentSpace
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This documentary may indeed be interesting but at times I find that documentaries are less objective and are little more than editorial pieces.

I happen to know what any good economist on this subject has to say for the most part- because I have studied under them.

1. The optimum immediate path is the production of deposits with the lowest marginal costs.

2. There is no magical dial with which the oil companies control the oil price. The current prices are a function of the market. Dr. Carol Dahl has done an analysis of the current situation with oil prices, and found just that. The reason that oil companies are making record profits is that they are making it from investments years or even decades ago. The fact that they are making record profits shows that they cannot control the price- otherwise they would have been doing it for the past 100 years.

The oil industry is very front-end capital intensive and projects are very long, which makes them sensitive to the price of oil and other time effects. These times of plenty are necessary to compensate for the losses that are made at poor times (think 80’s) and to invest in production. Oil production is a losing battle. To even maintain steady production money must be spent- oil is a heterogeneous resource. This is the result of the physics, the pressure depletion mechanism, under which oil and gas are produced. In the long term what this means is that oil companies must continuously find new (or utilize shelved) resources to compensate for production declines.

3. The desire to become independent of foreign sources of oil is not really an excellent idea. This is because the marginal costs of production here are higher than many other areas, and so the only way in which we can be free of foreign oil is for the consumer to pay higher prices. This path is inter-temporally sub-optimal. The most stable system is one which is independent of local effects, meaning that the resource is supplied from multiple and varied locations around the world.

You may argue that A U.S. based production is more stable because it is under our control, but what about force majeure?

As a final note GodfatherSHM points out something that is exceptionally important. The environmental laws in the United States essentially prohibit the building of a new refinery in this country. It takes time to create plans, but longer to obtain the necessary permits. It takes YEARS to get approval for such things there are many stories of 7 year and 9 year approval times. By that time, the plans are antiquated. This is why you see companies updating their refineries- as doing so is not so difficult and so long as you do not increase the footprint, there are few permitting issues.

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CLK63BlackSeriesCLK63BlackSeries - 5/11/2008 4:41:59 AM
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Jesus Christ man... do you not have a life and/or job??


cdokecdoke - 5/11/2008 12:50:22 PMView My AgentSpace
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LOL. Neither.

In all seriousness, it took less than 10 minutes to write that.


CLK63BlackSeriesCLK63BlackSeries - 5/11/2008 11:13:24 PM
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Well if that's the case, all I can say is that there is nothing wrong with being passionate...


dk789dk789 - 5/11/2008 11:52:13 AM
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GasHole's what? So many times people wrote to "Agent001" that "'s" is posessive, not plural. Is it so difficult to comprehend?

For someone who aspires to write "articles", basic English is probably a requirement, rather than afterthought.

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