digitydash
Active Member
lmao you are funny
But from gas being so high all my products I use have increased.So I am looking at it from a different aspect then most people who just have to drive to work.
But from gas being so high all my products I use have increased.So I am looking at it from a different aspect then most people who just have to drive to work.
ophiura
Active Member
Not really IMO...the consumer also sees an increase in all of the things they buy. So it is across the board. Anything that is shipped will have increase in price. Anything that uses a petroleum product will see an increase in price, across the board. The end consumer is hit with that just as you are with the products you use. And no doubt you will consider passing on a cost increase to your customers, just as the grocery store will pass it on to consumers. That is the cost of a market economy. Now some stores may not pass on that increase, and take the gamble (available to them in a free market) that their lower cost will attract more customers to offset the increase. But it is a gamble.
notsonoob
Member
I have not seen some valid points about price of oil/gas, but read some other issues that also need pointing out.
Gas prices/per country.
I paid $5.50 Euros per gallon of diesel in 2003 in northern Italy. You also have to understand that many of these countries do not have envoirnmental policies albiet maybe problems, with increases of ozone in populated areas. With that, the undersupply of functioning refineries making different grades of fuel. Demand for Jet fuel has also increased exponentially in this as well too. There are only so many refineries around to refine and make all the different specialty grades required.
Profitability of making gasoline as of 2003 1.56 per gallon ((wow))
crude oil -- 44%
Federal and State taxes -- 27%
Refining costs and profits -- 15%
Distribution and marketing -- 14%
As if March 10th 2008 the predicted amount of crude oil price impact on the price of a gallon of gas is 80%. Refining profitablity is at an all time low as well. With that, I agree with one poster that investors have done their best with oil, much like what has happened with commodities across the board. Stocks are over priced, the housing burst, so commodities are the safe bet. The more that is bought, just like with anything drives up demand. I would even expect a commodity bubble (as read on bloomberg.com) to burst, just like housing and tech stocks, thus causing oil to drop like a rock. Look at gold's influence. People are hedging inflation right now and commodities are safe, much like real estate was after the tech bubble.
And what also hasn't really been discussed is the value of the US dollar on that price of oil. Does anybody wonder what oil really costs in 2001 strong US dollars vs the toilet bucks of today?
Much like the gas spike in the 70's the gas spike of this decade coincides with the value of the US dollar at historic lows.
OH to turn back the hands of time and buy stocks in oil companies in the 90's when they spent a decade in the red and unprofitable.
Gas prices/per country.
I paid $5.50 Euros per gallon of diesel in 2003 in northern Italy. You also have to understand that many of these countries do not have envoirnmental policies albiet maybe problems, with increases of ozone in populated areas. With that, the undersupply of functioning refineries making different grades of fuel. Demand for Jet fuel has also increased exponentially in this as well too. There are only so many refineries around to refine and make all the different specialty grades required.
Profitability of making gasoline as of 2003 1.56 per gallon ((wow))
crude oil -- 44%
Federal and State taxes -- 27%
Refining costs and profits -- 15%
Distribution and marketing -- 14%
As if March 10th 2008 the predicted amount of crude oil price impact on the price of a gallon of gas is 80%. Refining profitablity is at an all time low as well. With that, I agree with one poster that investors have done their best with oil, much like what has happened with commodities across the board. Stocks are over priced, the housing burst, so commodities are the safe bet. The more that is bought, just like with anything drives up demand. I would even expect a commodity bubble (as read on bloomberg.com) to burst, just like housing and tech stocks, thus causing oil to drop like a rock. Look at gold's influence. People are hedging inflation right now and commodities are safe, much like real estate was after the tech bubble.
And what also hasn't really been discussed is the value of the US dollar on that price of oil. Does anybody wonder what oil really costs in 2001 strong US dollars vs the toilet bucks of today?
Much like the gas spike in the 70's the gas spike of this decade coincides with the value of the US dollar at historic lows.
OH to turn back the hands of time and buy stocks in oil companies in the 90's when they spent a decade in the red and unprofitable.
digitydash
Active Member
I would say I am feeling the increases a little bit more then most people.When we had hurricanes back to back to back my products went up 50% since most where made in Florida,Lousiana,and Texas.Then gas went up after that giving me another 25% increase on supplies for shipping and transport.Today I was informed they will go up another 5%.So I am seeing a 80% rate increase since 2004 and fuel has more then doubled in price since then.I will say this though it is weeding out the companys that barley get by.
Maybe it will be a good thing in a way but not in many.
digitydash
Active Member
I had it on msnbc and sayed 1/3 of Iraq gas and deisel goes to the black market.Who is keeping this track of this stuff?It is also unknow how much oil is stolen cause they brak pipes befor the plan.
deltablack22
Active Member
Originally Posted by digitydash
http:///forum/post/2535094
I had it on msnbc and sayed 1/3 of Iraq gas and deisel goes to the black market.Who is keeping this track of this stuff?It is also unknow how much oil is stolen cause they brak pipes befor the plan.
Think about the pipeline in Alaska that stretches the expanse of the state (not a little state). Now imagine that same pipeline in Iraq. The military is focused not only on econmic stability as an overview but more importantly at a local level. We are trying to establish self sufficiency and 24 hour a day electric supply to homes as well as keep military personnel safe and rid the country of existing and imported munitions keeping the fight alive. The black market exists and oil is stolen because the manpower to guard every square mile is not available. Its very similar to our Mexican border. Yes, this may have an impact on the world economy but is not as important at a local level - everyone needs to step out of the cozy american shell they live in and realize that the world is a very different place depending on your locale.
http:///forum/post/2535094
I had it on msnbc and sayed 1/3 of Iraq gas and deisel goes to the black market.Who is keeping this track of this stuff?It is also unknow how much oil is stolen cause they brak pipes befor the plan.
Think about the pipeline in Alaska that stretches the expanse of the state (not a little state). Now imagine that same pipeline in Iraq. The military is focused not only on econmic stability as an overview but more importantly at a local level. We are trying to establish self sufficiency and 24 hour a day electric supply to homes as well as keep military personnel safe and rid the country of existing and imported munitions keeping the fight alive. The black market exists and oil is stolen because the manpower to guard every square mile is not available. Its very similar to our Mexican border. Yes, this may have an impact on the world economy but is not as important at a local level - everyone needs to step out of the cozy american shell they live in and realize that the world is a very different place depending on your locale.
stdreb27
Active Member
Originally Posted by bonita69
http:///forum/post/2532835
Yes I see the point of both sides. I can afford my gas but how many can't?
How does one work when they can not get there because the tank is empty and so is the bank. Something needs to be done that is all I know. Mass transit is cheaper yet many cities don't even offer it.
Ever think the artifical influences on the market, ie government restrictions and regulations are the real things helping raise the price of gas. If you really want to do something, put pressure on our government like the tree huggers do and tell them to let us drill on our own soil. And increase in supply will lower price.
On a sidebar the chicoms just worked out a deal with Cuba and are fixing to start drilling in site of the florida keys. And they are going to drill horizonally getting our oil that we refuse to drill.
http:///forum/post/2532835
Yes I see the point of both sides. I can afford my gas but how many can't?
How does one work when they can not get there because the tank is empty and so is the bank. Something needs to be done that is all I know. Mass transit is cheaper yet many cities don't even offer it.
Ever think the artifical influences on the market, ie government restrictions and regulations are the real things helping raise the price of gas. If you really want to do something, put pressure on our government like the tree huggers do and tell them to let us drill on our own soil. And increase in supply will lower price.
On a sidebar the chicoms just worked out a deal with Cuba and are fixing to start drilling in site of the florida keys. And they are going to drill horizonally getting our oil that we refuse to drill.
darthtang aw
Active Member
I am tired of hearing about the corporate profits and how much they make on gas.
Here is your break down.
Corporate makes 8 cents pre gallon
federal tax is 18.3 cents per gallon
state tax ranges from 5 cents to 15 cents per gallon depending on the state.
so the governments make far more than the corporations and the government doesn't do squat to make that money. You want your gas prices reduced? Tell your representatives to permanently lower the gas tax. They can afford it more than corporations can.
If the corporations cut all their profits gas would go down 8 cents. If the government were to cut out the tax it would save 23-32 cents per gallon.....now tell me who is freaking greedy and who is causing you to pay more?
Our dollar value is the direct reason for high gas prices. They started sky rocketting the minute the media started saying the economy was tanking and people paniced and stopped doing normal things with their money,. Go back to buying things, and investing, the dollar will comeback up and the price of gas will go down.
Here is your break down.
Corporate makes 8 cents pre gallon
federal tax is 18.3 cents per gallon
state tax ranges from 5 cents to 15 cents per gallon depending on the state.
so the governments make far more than the corporations and the government doesn't do squat to make that money. You want your gas prices reduced? Tell your representatives to permanently lower the gas tax. They can afford it more than corporations can.
If the corporations cut all their profits gas would go down 8 cents. If the government were to cut out the tax it would save 23-32 cents per gallon.....now tell me who is freaking greedy and who is causing you to pay more?
Our dollar value is the direct reason for high gas prices. They started sky rocketting the minute the media started saying the economy was tanking and people paniced and stopped doing normal things with their money,. Go back to buying things, and investing, the dollar will comeback up and the price of gas will go down.
devil dog
Active Member
Originally Posted by Darthtang AW
http:///forum/post/2599817
I am tired of hearing about the corporate profits and how much they make on gas.
Here is your break down.
Corporate makes 8 cents pre gallon
federal tax is 18.3 cents per gallon
state tax ranges from 5 cents to 15 cents per gallon depending on the state.
so the governments make far more than the corporations and the government doesn't do squat to make that money. You want your gas prices reduced? Tell your representatives to permanently lower the gas tax. They can afford it more than corporations can.
If the corporations cut all their profits gas would go down 8 cents. If the government were to cut out the tax it would save 23-32 cents per gallon.....now tell me who is freaking greedy and who is causing you to pay more?
Our dollar value is the direct reason for high gas prices. They started sky rocketting the minute the media started saying the economy was tanking and people paniced and stopped doing normal things with their money,. Go back to buying things, and investing, the dollar will comeback up and the price of gas will go down.
Your talking about 32 cents out of $4.00 a gallon big deal! If you filled up your tank with 15 gallons you would save $4.80 out of the $60.00 you spent "WOW"
http:///forum/post/2599817
I am tired of hearing about the corporate profits and how much they make on gas.
Here is your break down.
Corporate makes 8 cents pre gallon
federal tax is 18.3 cents per gallon
state tax ranges from 5 cents to 15 cents per gallon depending on the state.
so the governments make far more than the corporations and the government doesn't do squat to make that money. You want your gas prices reduced? Tell your representatives to permanently lower the gas tax. They can afford it more than corporations can.
If the corporations cut all their profits gas would go down 8 cents. If the government were to cut out the tax it would save 23-32 cents per gallon.....now tell me who is freaking greedy and who is causing you to pay more?
Our dollar value is the direct reason for high gas prices. They started sky rocketting the minute the media started saying the economy was tanking and people paniced and stopped doing normal things with their money,. Go back to buying things, and investing, the dollar will comeback up and the price of gas will go down.
Your talking about 32 cents out of $4.00 a gallon big deal! If you filled up your tank with 15 gallons you would save $4.80 out of the $60.00 you spent "WOW"
digitydash
Active Member
Originally Posted by DeltaBlack22
http:///forum/post/2599695
Think about the pipeline in Alaska that stretches the expanse of the state (not a little state). Now imagine that same pipeline in Iraq. The military is focused not only on econmic stability as an overview but more importantly at a local level. We are trying to establish self sufficiency and 24 hour a day electric supply to homes as well as keep military personnel safe and rid the country of existing and imported munitions keeping the fight alive. The black market exists and oil is stolen because the manpower to guard every square mile is not available. Its very similar to our Mexican border. Yes, this may have an impact on the world economy but is not as important at a local level - everyone needs to step out of the cozy american shell they live in and realize that the world is a very different place depending on your locale.
Problem with what your saying is most of it is stolen in the plant that fills the trucks and transport vehicles.I am sure their is more geting stolen through the pipe lines I am sure.I know the world is different I am sure most know it also.
http:///forum/post/2599695
Think about the pipeline in Alaska that stretches the expanse of the state (not a little state). Now imagine that same pipeline in Iraq. The military is focused not only on econmic stability as an overview but more importantly at a local level. We are trying to establish self sufficiency and 24 hour a day electric supply to homes as well as keep military personnel safe and rid the country of existing and imported munitions keeping the fight alive. The black market exists and oil is stolen because the manpower to guard every square mile is not available. Its very similar to our Mexican border. Yes, this may have an impact on the world economy but is not as important at a local level - everyone needs to step out of the cozy american shell they live in and realize that the world is a very different place depending on your locale.
Problem with what your saying is most of it is stolen in the plant that fills the trucks and transport vehicles.I am sure their is more geting stolen through the pipe lines I am sure.I know the world is different I am sure most know it also.
stdreb27
Active Member
I do find it ironic hearing obama whine saying oh no our infastructure will collapse if we don't TAX americans when they buy gas! Oh no the federal government needs the money more than I do. The dang money that I work my butt off for. Really looking out for the "little guy"
darthtang aw
Active Member
Originally Posted by Devil Dog
http:///forum/post/2599944
Your talking about 32 cents out of $4.00 a gallon big deal! If you filled up your tank with 15 gallons you would save $4.80 out of the $60.00 you spent "WOW"
.Hmmmmm and the loony left would have you believe the 8 cent profit Corporate oil makes is a bigger deal. That is my whole point. and 4.80 is a pack of smokes for me....which incidentally I buy each time I fill up....so my cigs would be free...
http:///forum/post/2599944
Your talking about 32 cents out of $4.00 a gallon big deal! If you filled up your tank with 15 gallons you would save $4.80 out of the $60.00 you spent "WOW"
.Hmmmmm and the loony left would have you believe the 8 cent profit Corporate oil makes is a bigger deal. That is my whole point. and 4.80 is a pack of smokes for me....which incidentally I buy each time I fill up....so my cigs would be free...
R
rcreations
Guest
Originally Posted by Darthtang AW
http:///forum/post/2599817
Our dollar value is the direct reason for high gas prices. They started sky rocketting the minute the media started saying the economy was tanking and people paniced and stopped doing normal things with their money,. Go back to buying things, and investing, the dollar will comeback up and the price of gas will go down.
Hard for people to go buy things when they're spending so much on gas. Who wants to drive around shopping with the price of gas the way it is?
http:///forum/post/2599817
Our dollar value is the direct reason for high gas prices. They started sky rocketting the minute the media started saying the economy was tanking and people paniced and stopped doing normal things with their money,. Go back to buying things, and investing, the dollar will comeback up and the price of gas will go down.
Hard for people to go buy things when they're spending so much on gas. Who wants to drive around shopping with the price of gas the way it is?
stdreb27
Active Member
Originally Posted by RCreations
http:///forum/post/2600142
Hard for people to go buy things when they're spending so much on gas. Who wants to drive around shopping with the price of gas the way it is?
lol, who wants to go out shopping when gas is a dollar a gallon. THANK GOD for the internet (and by god I mean al gore)
http:///forum/post/2600142
Hard for people to go buy things when they're spending so much on gas. Who wants to drive around shopping with the price of gas the way it is?
lol, who wants to go out shopping when gas is a dollar a gallon. THANK GOD for the internet (and by god I mean al gore)
rylan1
Active Member
There is a flaw in your thinking because the gas tax is a fair tax. It is set up as the more you drive, the more you pay for the repair of our roads. The difference b/w the gas tax and others is that the $ goes 100% to the funding of the repair... Yes you can argue that our roads won't crumble... but look at how much we use our roads... and by reducing the tax encourages people to drive more, and which requires additional maintenance. So the funding has to come from somewhere, and whynot make drivers pay the tax. Also, look at Minn Bridge Collapse, we have many other bridges around the country that need repair, also our infrastructure is 50 years old.... and needs constant repair due to age, stress, and weather erosion... So if you remove the tax, you are looking at a deficit.
The only way to reduce gas prices on our own is to use less of it, which means a nationwide effort to use less gas. Such as mass tranportation and gas conservation strategies. Basically if the American people could take a timeout on being selfish, materialistic, inpatient, too busy,etc... we could do it on our own... but this is highly unlikely.... we are unwillinging to change our patterns... The Gas Tax holiday is a bad idea... We need to produce affordable fuel effiecent cars, develop non petroleum based products, we need to use/develop alternative fuels, we need to find more domestic oil, we need to stop shipping all our oil, we need peace/ better relations in the Middle East, we need to end this war.
The only way to reduce gas prices on our own is to use less of it, which means a nationwide effort to use less gas. Such as mass tranportation and gas conservation strategies. Basically if the American people could take a timeout on being selfish, materialistic, inpatient, too busy,etc... we could do it on our own... but this is highly unlikely.... we are unwillinging to change our patterns... The Gas Tax holiday is a bad idea... We need to produce affordable fuel effiecent cars, develop non petroleum based products, we need to use/develop alternative fuels, we need to find more domestic oil, we need to stop shipping all our oil, we need peace/ better relations in the Middle East, we need to end this war.
stdreb27
Active Member
Originally Posted by Rylan1
http:///forum/post/2600424
There is a flaw in your thinking because the gas tax is a fair tax. It is set up as the more you drive, the more you pay for the repair of our roads. The difference b/w the gas tax and others is that the $ goes 100% to the funding of the repair... Yes you can argue that our roads won't crumble... but look at how much we use our roads... and by reducing the tax encourages people to drive more, and which requires additional maintenance. So the funding has to come from somewhere, and whynot make drivers pay the tax. Also, look at Minn Bridge Collapse, we have many other bridges around the country that need repair, also our infrastructure is 50 years old.... and needs constant repair due to age, stress, and weather erosion... So if you remove the tax, you are looking at a deficit.
The only way to reduce gas prices on our own is to use less of it, which means a nationwide effort to use less gas. Such as mass tranportation and gas conservation strategies. Basically if the American people could take a timeout on being selfish, materialistic, inpatient, too busy,etc... we could do it on our own... but this is highly unlikely.... we are unwillinging to change our patterns... The Gas Tax holiday is a bad idea... We need to produce affordable fuel effiecent cars, develop non petroleum based products, we need to use/develop alternative fuels, we need to find more domestic oil, we need to stop shipping all our oil, we need peace/ better relations in the Middle East, we need to end this war.
It is far more feasable to just drill for MORE OF IT!
I mean, either lower demand. (which is not at this point possible with the currently avaliable technology) or drill for more of it. This on the other hand is possible. We don't really need to find more domestic oil, we are sitting on billions of barrels of the stuff and liberals won't let us drill! Why try the impossible like lowering demand for oil (when most of the increase of demand is overseas anyway) when the sames results are avalible when we drill a hole in the ground here at home we know how to do that)
There are major deposits off the florida keys that the chicoms are starting to drill (they just hammered out the deal with cuba) there is stuff up and down both coasts, Alaska, and in North Dakota. It is just sitting there.
And why in the world would should I do without, and the government NOT? Seriously? Come on are you serious, more bridges might collapse! (talk about politics of fear) Oh I ment hope.
reefraff
Active Member
Originally Posted by Rylan1
http:///forum/post/2600424
There is a flaw in your thinking because the gas tax is a fair tax. It is set up as the more you drive, the more you pay for the repair of our roads. The difference b/w the gas tax and others is that the $ goes 100% to the funding of the repair... Yes you can argue that our roads won't crumble... but look at how much we use our roads... and by reducing the tax encourages people to drive more, and which requires additional maintenance. So the funding has to come from somewhere, and whynot make drivers pay the tax. Also, look at Minn Bridge Collapse, we have many other bridges around the country that need repair, also our infrastructure is 50 years old.... and needs constant repair due to age, stress, and weather erosion... So if you remove the tax, you are looking at a deficit.
The only way to reduce gas prices on our own is to use less of it, which means a nationwide effort to use less gas. Such as mass tranportation and gas conservation strategies. Basically if the American people could take a timeout on being selfish, materialistic, inpatient, too busy,etc... we could do it on our own... but this is highly unlikely.... we are unwillinging to change our patterns... The Gas Tax holiday is a bad idea... We need to produce affordable fuel effiecent cars, develop non petroleum based products, we need to use/develop alternative fuels, we need to find more domestic oil, we need to stop shipping all our oil, we need peace/ better relations in the Middle East, we need to end this war.
Yeah, end the war, that will fix it. Iraq production drops due to insurgents, Iran tries to take over. The Arabs states move against Iran and you have all out war in the middle east. Your boy Bama might talk a good line of BS on the campaign trail but he has no intention of pulling troops from Iraq any time soon either. Too much risk involved. You doubt what I say go back and review what all the Democrat candidates were running on in 2006, ENDING THE WAR. If they really wanted to end it they would have went to the mat and not funded the war.
http:///forum/post/2600424
There is a flaw in your thinking because the gas tax is a fair tax. It is set up as the more you drive, the more you pay for the repair of our roads. The difference b/w the gas tax and others is that the $ goes 100% to the funding of the repair... Yes you can argue that our roads won't crumble... but look at how much we use our roads... and by reducing the tax encourages people to drive more, and which requires additional maintenance. So the funding has to come from somewhere, and whynot make drivers pay the tax. Also, look at Minn Bridge Collapse, we have many other bridges around the country that need repair, also our infrastructure is 50 years old.... and needs constant repair due to age, stress, and weather erosion... So if you remove the tax, you are looking at a deficit.
The only way to reduce gas prices on our own is to use less of it, which means a nationwide effort to use less gas. Such as mass tranportation and gas conservation strategies. Basically if the American people could take a timeout on being selfish, materialistic, inpatient, too busy,etc... we could do it on our own... but this is highly unlikely.... we are unwillinging to change our patterns... The Gas Tax holiday is a bad idea... We need to produce affordable fuel effiecent cars, develop non petroleum based products, we need to use/develop alternative fuels, we need to find more domestic oil, we need to stop shipping all our oil, we need peace/ better relations in the Middle East, we need to end this war.
Yeah, end the war, that will fix it. Iraq production drops due to insurgents, Iran tries to take over. The Arabs states move against Iran and you have all out war in the middle east. Your boy Bama might talk a good line of BS on the campaign trail but he has no intention of pulling troops from Iraq any time soon either. Too much risk involved. You doubt what I say go back and review what all the Democrat candidates were running on in 2006, ENDING THE WAR. If they really wanted to end it they would have went to the mat and not funded the war.