Would you vote for a president that said they would fix gas prices?

mfp1016

Member
Originally Posted by shogun323
http:///forum/post/2516132
Interesting. I believe I had read that the number of (for lack of better terms) requests for new domestic refineries is nearly null.
Yeah because why beat a dead horse? EPA won't let oil companies, why try repeatedly...
 

mfp1016

Member
Originally Posted by reefraff
http:///forum/post/2516171
I hear you!
I grew up in an oil town, in fact the one MFP1016 list as his location. It was as much oilfield as as anything and it was amazing the variety of wild critters running around. I would rather have that and the "eye sore" of pumping units than the wall to wall condos and stuff that replaced them. Heck I am old enough (barely) to remember the permanent dericks that lined the area along Pacific Coast highway. Removing them in the late 60's was an improvement.
No ----! Small world....i thought the alton reference would leave everyone bored, but thats just cool. I still own property in Calhoun County and go back occasionally. Its really a shame what has become of Alton, use to be a booming town. Remember Fast Eddie's???
 

darthtang aw

Active Member
Originally Posted by zman1
http:///forum/post/2516362
The difference is that the people can choose other fuels sources than McDonalds for their body. However, you don't have other fuel sources for all our cars or trucks. Yep the consumer is paying more for everything since all businesses have been impacted by high fuel cost. It' not a widget you can choose not to buy...
Just like you can't choose your Utilties providers at home or work. The Public Service Commision tries to keep them in check - without it, gas prices wouldn't compare to the greed in that industry, if allowed to run unchecked. The commission has an issue with natural gas well owners selling their products to Ameren and that same person being a director in the office that sets pricing at Ameren. Ameren and the separate private owners don't see that as a conflict of interest, thank goodness the Public Service Commission does.... Enron anyone?

I agree on the electric companies. But the fuel issue I do not.
Why? Because you can choose modes of transportion. Bus, train, more fuel efficient car(don't need an SUV get a minivan) Motorcycle or moped for going to work even. There are many modes of transportation you can get that will cut your fuel consumption by half. You can also now convcert your vehicle to use dio-diesel and there are bio diesel pumping stations in many states. You have choices, the problem is you just don't like them.
 

darthtang aw

Active Member
Actually I disagree with the electric copmpany as well as there products on the market that use a lot less energy than others and you have the choice to use them instead of the others thus reducing your energy bill cost.
 

natemd

Member
Supply and demand will eventually play out and the price of oil will come back down somewhat. They're have been increase in oil reserves pretty much every week for the past couple weeks if i'm not mistaken. The problem in the short term that is keeping prices up is the tanking dollar. All of these rate cuts are great and all but if America is the only central bank cutting rates and nobody else is, our currency will continue to fall against foreign currencies. This in itself makes oil more expensive to import. Also as the dollar keeps falling foreign investors no longer want to put money in the old 'greenback' because honestly who wants to put money in something that is losing value. As a result people invest in commodities such as gold and oil to hedge against the falling dollar and inflation and thus driving the price up even more. If you want to offset the increase in prices at the pump, invest in oil compaines and get your share of the 'billions of dollars profit'
Rant offically over..sorry I get worked up when people just see the price of gas and automatically assume they are being taken advantage of. Overseas(Europe) has paid over twice what we have for gas for years and years.
 

mfp1016

Member
Originally Posted by shogun323
http:///forum/post/2516168
That is extremely hypocritical. I never looked at it that way. We won't drill ourselves, but we will totally enable China to do it.
In the end, we pay more, boost foreign ecomonies, there is no difference on the environmental impact.
This is exactly right. I all for the the environment, I personally love wildlife. But if someone else is going to do it, we might as well cut out the middle man, stop funding a developing country that is suppose to be our rival, and enjoy a little price break.
 

darthtang aw

Active Member
Originally Posted by zman1
http:///forum/post/2516362
The difference is that the people can choose other fuels sources than McDonalds for their body. However, you don't have other fuel sources for all our cars or trucks. Yep the consumer is paying more for everything since all businesses have been impacted by high fuel cost. It' not a widget you can choose not to buy...

Also, I have to eat, I have no choice or I die...I just get to choose what I eat.
WE need Fuel, we just get to choose what mode of transportation a fuel consumption rate we want.
So your analogy doesn't work. It is the same thing. Just reversed.
 

mfp1016

Member
This is off topic, but why does everyone get in such a hissy fit over oil companies, when Wal-Mart is making a 3000% profit on that $13 trash can you bought, which cost them .50 cents to make? Of course the numbers are exaggerated, but you get the idea
 

renogaw

Active Member
Originally Posted by Darthtang AW
http:///forum/post/2516395
I agree on the electric companies. But the fuel issue I do not.
Why? Because you can choose modes of transportion. Bus, train, more fuel efficient car(don't need an SUV get a minivan) Motorcycle or moped for going to work even. There are many modes of transportation you can get that will cut your fuel consumption by half. You can also now convcert your vehicle to use dio-diesel and there are bio diesel pumping stations in many states. You have choices, the problem is you just don't like them.
funny thing is bio-diesel is drawing flack now because 1) there's too much being made and not enough being sold 2) its causing food prices to go up 3) causing deforestation (cutting down forests to grow oil producing trees) and 4) tax credits are not being offered as much.
 

zman1

Active Member

Originally Posted by mfp1016
http:///forum/post/2516417
This is off topic, but why does everyone get in such a hissy fit over oil companies, when Wal-Mart is making a 3000% profit on that $13 trash can you bought, which cost them .50 cents to make
? Of course the numbers are exaggerated, but you get the idea
Don't stir up the Wal-Mart topic. They make nothing - they import from China... I hate that I am forced to buy some things from them, they ran out all the small business in my town. Now I can't afford to drive to another town because of the high gas prices -- LOL The 100 new low wage jobs they created now gives those employees somewhere to shop that they can afford...
 

mfp1016

Member
I know they make nothing, I just didn't delineate as I felt it unnecessary. But they do force manufacturers to lower their prices to yield to Wal-Mart's every increasing profit margin.
In the end I'm just asking that the oil companies get a little credit. They did develop the technology to make a $13 trash can.
 

scsinet

Active Member
Originally Posted by zman1
http:///forum/post/2516362
The difference is that the people can choose other fuels sources than McDonalds for their body. However, you don't have other fuel sources for all our cars or trucks. Yep the consumer is paying more for everything since all businesses have been impacted by high fuel cost. It' not a widget you can choose not to buy...
Ahhh... but think about it in the big picture.
It ultimately does come down to consumer choice in the big picture. Hybrids are a proven technology that uses very little gas. Investment in alternative technologies such as fuel cells, solar, electric, etc, etc, etc has a direct impact on the time to market for those technologies.
The space race is a prime example of how quickly something can be accomplished when you throw virtually unlimited funding at it.
Back to consumers... we are consumers do have some level of choice. We have it in the vehicles we buy most notably. Gas prices are high. But people still buy gigantic SUVs when mini-vans will do. They buy sports cars when basic transporation will do.
We are consumers are ultimately driving the industry (no pun intended). We demand unnecessarily. People have to get to work... sure. But they can get to work just as easy in a 4 cylinder Civic as a 8 cylinder Porsce.
Yes, the car is necessary, but consumers are not yet hurting enough to let the pain of high gas prices deter them from splurging on creature comforts or status symbols.
The last time I went to London was June of last year. Over there, gas is over USD$6 a gallon, but nobody is complaining. Why? You look around, and everyone is driving small, sensible cars. They pay $6, but their cars go 3 times as far on a gallon as ours do, so it's like paying $2.
So yes, consumers do have some choice, and their choices affect demand, and demand affects prices.
 

zman1

Active Member

Originally Posted by SCSInet
http:///forum/post/2516451
It ultimately does come down to consumer choice in the big picture
.
NEW YORK (CNNMoney.com) -- Five months ago many economists said high oil prices wouldn't hurt the economy - now they're choking on their words.
Back in October, when oil prices were near $90 a barrel and the economy was still humming along economists said high oil prices shouldn't cut into economic growth. The economy used oil more efficiently than it did in the 1970s, and spending on gas was just a small percent of people's budget, the experts said.
Rising prices in spite of supply and demand.
Typically, an increase in supply and low demand would result in much lower crude prices. But crude and gas prices continue to rise.
"This is all driven by speculation
," said Schork, who believes that investors
have poured money into the commodity to make some interest in a slumping economy. "That's why we've seen a jump from 20,000 to 90,000 contracts this month."
 

zman1

Active Member
Originally Posted by shogun323
http:///forum/post/2516457
That's it. I am buying a Vespa!!!!!

Or this gas guzzler. I was in the UK on business a few years ago and thought about putting a couple of these in my pocket to bring home... A Big Mac value meal was about $8 then.
I don't remember the company name but they are owned by Mercedes-Benz
 

alix2.0

Active Member
yes- if they were a democrat and i agreed with their other points. i would never vote for a republican though.
 

natemd

Member
Its a Smart car. That baby cruises around at around 45 miles highway per gallon and rocks a 70 horse power engine
Its the way of the future though
 

darthtang aw

Active Member
It will cost you between 16-20 grand. it get 37-45 mpg. There are other cars on the market that will do close to that as well. we have a dealership here in albuquerque.
 
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