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08/17/2005 08:11:00 AM · #26 |
Originally posted by PaulMdx:
If demand is high, price is high. If you want cheaper gas, buy a smaller car, and use it less. |
Unfortunately again, a very probably solution for those in the upper class. I cannot, however, afford to just go out and buy another car. I probably owe more on my truck than it's worth -- besides, I do a lot of hauling including landscaping and such...so it's not even practical for me to own anything else.
My truck does get around 23 miles per gallon on the highway -- which sounds acceptable to me.
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08/17/2005 08:16:25 AM · #27 |
Isn't China the worlds largest consumer of oil now? Anyone confirm/deny please? Yes, USA is a major player at the oil card table, but I think the seats at the table are being filled quite rapidly.
No chance to research it personally right now...thanks.
Originally posted by SJCarter:
Unfortunately, the path that the USA has taken in the last 6 years has been to consume more and more oil-based products...causing the world market to pump up its prices.
...it's become a price based on demand economy - again thanks in large part to the USA...
The USA doesn't rule the world yet...so perhaps there is hope still available for those of us who think that we can find better worldwide solutions to our needs other than those that continue to fuel the conglomerates currently ruling the world economy. |
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08/17/2005 08:19:01 AM · #28 |
I've thought about it, but it scares the crap out of me to think about driving a small car out on I66 or I95 with all those tractor-trailers and SUV's!!!
Originally posted by PaulMdx:
If demand is high, price is high. If you want cheaper gas, buy a smaller car, and use it less. |
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08/17/2005 08:20:45 AM · #29 |
Originally posted by glad2badad:
I've thought about it, but it scares the crap out of me to think about driving a small car out on I66 or I95 with all those tractor-trailers and SUV's!!! |
lol, yeah I hear I95 is pretty bad...I'll be on it this Saturday...should i be worried? I will be in a chevy cavalier :#
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08/17/2005 09:54:32 AM · #30 |
| so my question is....will the gas prices ever go down or are we stuck in a everlasting rut of rising prices? |
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08/17/2005 10:04:35 AM · #31 |
Originally posted by Nowaytotell:
so my question is....will the gas prices ever go down or are we stuck in a everlasting rut of rising prices? |
The real question is those of you who are complaining...how many of you can say you aren't responsible for keeping Bush in office??? He likes the prices going higher and higher so he gets richer and richer.
Just for the record I didn't vote for him.
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08/17/2005 10:05:55 AM · #32 |
Originally posted by OneSweetSin:
Originally posted by Nowaytotell:
so my question is....will the gas prices ever go down or are we stuck in a everlasting rut of rising prices? |
The real question is those of you who are complaining...how many of you can say you aren't responsible for keeping Bush in office??? He likes the prices going higher and higher so he gets richer and richer.
Just for the record I didn't vote for him. |
I'd like to say that I alos did not vote for him |
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08/17/2005 10:10:39 AM · #33 |
Originally posted by OneSweetSin:
...He likes the prices going higher and higher so he gets richer and richer. |
Please. And that info is based on ???
Originally posted by OneSweetSin:
Just for the record I didn't vote for him. |
Quite obvious.
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08/17/2005 10:12:25 AM · #34 |
.
Message edited by author 2006-04-21 14:49:45. |
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08/17/2005 10:13:31 AM · #35 |
Originally posted by glad2badad:
Originally posted by OneSweetSin:
...He likes the prices going higher and higher so he gets richer and richer. |
Please. And that info is based on ???
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Just read his financial reports and see where his private money comes from. |
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08/17/2005 10:15:26 AM · #36 |
Well, if you ride the left lane you need to do 85 to stay out of the way, the center lane is the dodge lane (those darting in and out to try and get around the ones doing 80 in the left), and the right lane is just a frustrating mix of the other two. ;^)
Toss in a tractor-trailer or two and....who needs nail clippers!
I'm talking Fredericksburg to Springfield (north and south)...the rest I'm not so sure about.
Originally posted by deapee:
lol, yeah I hear I95 is pretty bad...I'll be on it this Saturday...should i be worried? I will be in a chevy cavalier :# |
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08/17/2005 10:17:53 AM · #37 |
Why does everyone think that George W. Bush is the person responsible for high gas prices? Do you people honestly think he is to blame for everything from foot odor to coughs due to colds? Was it solely Jimmy Carter's fault that gas was expensive in the 70s oil crisis? I guess you'll say no because we weren't at war back then (since the war is the blame for everything too).
No matter who the president is/was/will be, you'll blame him or her for EVERYTHING you don't like. It's pathetic and it's sad.
Oil rich Texans are paying high prices for gas too, you know. Just because he was in the oil business do you really believe he's behind this and is lining his pockets with the money we pay to fill our cars up with? Find another scapegoat please. Educate yourself about supply and demand and about the costs of crude oil vs. what we pay at the pump. Not all of our oil even comes from the middle east.
Here's a site to look at if you want to know more about oil prices //tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp
edit for clarity and to add link
Message edited by author 2005-08-17 10:21:31.
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08/17/2005 10:17:54 AM · #38 |
Oh, I see. Do you happen to have a link to his financial reports where I can get up to speed on his "screw the USA, make my wallet fatter" fiscal priorities?
Originally posted by OneSweetSin:
Just read his financial reports and see where his private money comes from. |
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08/17/2005 11:19:43 AM · #39 |
Bush is not personally responsible for higher oil prices, but he is responisble for invading several middle eastern countries. This does not win friends and influence people.
part of the current spike is due to the death if King Faud (sp?) of Saudi Arabia.
As the price of oil goes up, the alternatives become econimically feasible (shale oil, coal conversions, biofuels, etc) so some USA corps will benefit.
Local gas stations get fuel delivers once maybe twice a week. they are raising their prices DAILY or even TWICE daily. THEY (the local gas station) is making a profit on this. $2.23 to 2.45 in 5 days - i can almost gurantee most stations DID NOT get a delivery, so they are selling at $2.45 the exact same fule they sold at $2.23 a few days earlier. This is called PROFITEERING.
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08/17/2005 06:44:42 PM · #40 |
It's always human nature to want to find someONE to blame rather than someTHING. It's hard to create and nurture an emotional feeling against someTHING. But, the facts are quite simple:
1) From an article in the Washington Post, dated Aug 12, 2005 ( last Friday )ref here:
"Adjusted for inflation, oil prices actually peaked in 1981. Gas prices also peaked in 1981 at an inflation-adjusted $3.108, according to the U.S. Energy Information Administration."
So, today's prices are not quite the "record" prices many media outlets seem to love to proclaim in their headlines. While the prices may be "record prices" in actual dollars, when you take inflation into consideration they are not - at least not yet.
2) Prices at the pump are dependent on two things: supply and demand.
Looking at the supply side, there are two problems that are driving prices up in the U.S. faster than elsewhere:
a) increased crude oil prices, and
b) reduced refining capacity
Increased crude oil prices are due to many factors, but prices of crude oil, too, comes down to supply and demand. For example: The "insurgents" in Iraq, by bombing the supply pipelines again and again have had a negative effect on supply. The restrictions on drilling in ANWR also affect the supply side negatively. Meanwhile, the additional demands of China and other nations whose energy consumption is increasing dramaticlly, by creating demand in their nations, affect supply for the U.S.
Question: How SHOULD the oil producing nations decide who gets the oil. Answer: The oil goes to those who will pay more, and we have more nations competing with us now, so increased crude oil prices based on the supply/demand principle.
Reduced refining capacity is a big issue affecting supply. Just as a turning down the opening of a hose nozzle can restrict water supply, so reducing refining capacity can affect gasoline supply. And thanks to the environmentalists and government red tape, not a single new refinery has been built in the U.S. since 1976 - a fact further compounded every time there is a fire or other destructive event at one of the existing refineries. Addding to that is the fact that refineries must spend so much "down time" while switching formulations for gasolines destined for different regions or states. For example: some states require different formulations between "winter" gasoline and "summer" gasoline, to better control the vapors generated at the fuel pump. Some states require MTBE additives, while others require that their formultions be MTBE FREE. Every time the formulations need to be changed, down time occurs, reducing supply. On the flip side, if the refineries refused to meet the several different formulations demands, but rather insisted that you take their gas their way, then your state might not get ANY gas for large portions of the year.
As for the demand side, well, first of all, as I said earlier, we are competing with more nations for the same oil. Secondly, summer in the U.S. always increases demand and when demand exceeds supply the price always goes up - for two reasons. 1) to force demand down so that there aren't "runs" on gas that put people in danger when the supply dries up completely, and 2) let's face it, if you can get more for the same product, and still sell just as much of it, then charge what the market will bear. Who among you hasn't made a profit off of someone who wanted something a little more than the next guy ( ever sell your house to the highest bidder? ).
So be realistic. It's NOT Bush's fault. If it's anyone's fault, blame yourself if a) you love the environment more than you hate paying high prices for gasoline, b) you drive a car that you would gladly trade right now for a more fuel-efficient, though perhaps less "trendy" car with the same passenger capacity and same "quality" as the car you currently drive. And ask yourself ( be honest ), do you consider your make/model car a "status" symbol, and you just couldn't bear turning in your impressive SUV for a KIA station wagon?
Ron |
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08/17/2005 06:49:41 PM · #41 |
Originally posted by PaulMdx:
If demand is high, price is high. If you want cheaper gas, buy a smaller car, and use it less. |
Yeah, great Idea. If I could afford to buy another car, I wouldn't be complaining about gas prices.
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08/17/2005 06:53:27 PM · #42 |
Originally posted by laurielblack:
Why does everyone think that George W. Bush is the person responsible for high gas prices? Do you people honestly think he is to blame for everything from foot odor to coughs due to colds? Was it solely Jimmy Carter's fault that gas was expensive in the 70s oil crisis? I guess you'll say no because we weren't at war back then (since the war is the blame for everything too).
No matter who the president is/was/will be, you'll blame him or her for EVERYTHING you don't like. It's pathetic and it's sad.
Oil rich Texans are paying high prices for gas too, you know. Just because he was in the oil business do you really believe he's behind this and is lining his pockets with the money we pay to fill our cars up with? Find another scapegoat please. Educate yourself about supply and demand and about the costs of crude oil vs. what we pay at the pump. Not all of our oil even comes from the middle east.
Here's a site to look at if you want to know more about oil prices //tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp
edit for clarity and to add link |
He may not controll gas prices, but he has enough power to put pressure on the people that do. Open your eyes.
Message edited by author 2005-08-17 18:57:27.
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08/17/2005 06:56:50 PM · #43 |
Dont give me all that supply and demand BS, what makes this year any different from last year. Explain to me, why in the 70's there was a suposed fuel shortage and the years that follow seem to have plenty of fuel.
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08/17/2005 06:58:51 PM · #44 |
Originally posted by Travis99:
Dont give me all that supply and demand BS, what makes this year any different from last year. Explain to me, why in the 70's there was a suposed fuel shortage and the years that follow seem to have plenty of fuel. |
So I guess the problem in the 70's was GW's fault too.
My eyes are open, btw...perhaps you should worry about your own and read some basic economics textbooks.
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08/17/2005 07:07:18 PM · #45 |
Originally posted by laurielblack:
Originally posted by Travis99:
Dont give me all that supply and demand BS, what makes this year any different from last year. Explain to me, why in the 70's there was a suposed fuel shortage and the years that follow seem to have plenty of fuel. |
So I guess the problem in the 70's was GW's fault too.
My eyes are open, btw...perhaps you should worry about your own and read some basic economics textbooks. |
I did not say it was GW's fault, although I'm sure someone in his family had somthing to do with it. I see the world the way I see it, not the way an author of a book tells me too see it.
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08/17/2005 07:12:15 PM · #46 |
Originally posted by Travis99:
I did not say it was GW's fault, although I'm sure someone in his family had somthing to do with it. I see the world the way I see it, not the way an author of a book tells me too see it. |
Those who don't learn from history are bound to repeat it...I weep for the future.
I found this article quite interesting (I could care less who it's from or what site it came from, the info in it was interesting to me) and maybe it can explain to some others about the finite resource we call oil and the infinite price it might obtain because of supply and demand.
//www.lefthook.org/Theory/Chege050505.html
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08/17/2005 07:14:58 PM · #47 |
Well, some basic economics books would help open your eyes to the world you see - perhaps to see a larger view of the world we live in.
Supply of oil is certainly an issue...and since we depend on others for our oil (primarily), we are at their mercy. If they (OPEC) decide to limit or cut back production, then supply becomes limited. The other problem currently is converting crude oil to a product we can use - there is a shortage of refining capacity. More people want oil, less to have - premiums are applied.
This whole issue isn't going to get any better soon, if anything it will probably get worse. We really need to get some people excited about alternative solutions for our transportation needs...and quick!
Originally posted by Travis99:
Dont give me all that supply and demand BS... |
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08/17/2005 07:22:01 PM · #48 |
A few questions.
1. How much oil do we have in Alaska.
2. How does spending billions of dollars on war help anybody.
3. Why does the U.S. have little oil refineries
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08/17/2005 07:27:25 PM · #49 |
1) A lot...good luck getting the left leaning liberals to let us at it.
2) Well...depends on how you look at it. It certainly helps the economy.
3) Because nobody wants to pay for it. It would cost mucho dollars. Then again, you have to get "permission" to build something with environmental issues.
Originally posted by Travis99:
A few questions.
1. How much oil do we have in Alaska.
2. How does spending billions of dollars on war help anybody.
3. Why does the U.S. have little oil refineries |
Message edited by author 2005-08-17 19:28:01.
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08/17/2005 07:55:08 PM · #50 |
Loud Applause
Originally posted by laurielblack:
Why does everyone think that George W. Bush is the person responsible for high gas prices? Do you people honestly think he is to blame for everything from foot odor to coughs due to colds? Was it solely Jimmy Carter's fault that gas was expensive in the 70s oil crisis? I guess you'll say no because we weren't at war back then (since the war is the blame for everything too).
No matter who the president is/was/will be, you'll blame him or her for EVERYTHING you don't like. It's pathetic and it's sad.
Oil rich Texans are paying high prices for gas too, you know. Just because he was in the oil business do you really believe he's behind this and is lining his pockets with the money we pay to fill our cars up with? Find another scapegoat please. Educate yourself about supply and demand and about the costs of crude oil vs. what we pay at the pump. Not all of our oil even comes from the middle east.
Here's a site to look at if you want to know more about oil prices //tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp
edit for clarity and to add link |
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