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Ugh.... (Stupidity Rant)

Joejr14 said:
- Who's 'fault' it is that gas prices are high
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Yeah, the oil company robber-barons who continue to post record profits, quarter after quarter have nothing to do with it. Sure helps when the White House is inhabited by one of their own. And now he's pushing for opening up protected land, instead of pushing for reducing consumption. If you don't see how that's at least suspicious as to the real reason for insane gas prices here, you need to open your eyes. Obviously, we can't control OPEC and world oil prices, but that doesn't mean the oil companies have to keep raising their profit margins with every oil price increase.

And no, I'm not a Bush basher. I'm pretty much neutral on most things Bush. But notice how it keeps getting worse the closer we get to the end of his time in office, when he may not be able to influence any of this anymore?
 
Oddly enough Shane, Diesel is still cheaper than gasoline in Canada.. I have no idea why it so expensive here..
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where is this place?

diesel has been the same or higher then gas in canada for over 1 year now.
at least in alberta and saskatchewan.
 
Well I was talking to one of my friends in Moose Jaw the other night.. I asked him about the cost of Fuel Oil aka Diesil in those parts, he told me it was still cheaper than Gas.. I doubt he would BS me about the price of Diesil..

Regards.. Tim of T and J
 
Duff said:
Yeah, the oil company robber-barons who continue to post record profits, quarter after quarter have nothing to do with it. Sure helps when the White House is inhabited by one of their own. And now he's pushing for opening up protected land, instead of pushing for reducing consumption. If you don't see how that's at least suspicious as to the real reason for insane gas prices here, you need to open your eyes. Obviously, we can't control OPEC and world oil prices, but that doesn't mean the oil companies have to keep raising their profit margins with every oil price increase.

And no, I'm not a Bush basher. I'm pretty much neutral on most things Bush. But notice how it keeps getting worse the closer we get to the end of his time in office, when he may not be able to influence any of this anymore?
Click to expand...


Soooooo with oil prices approaching $110 a barrel, gas prices should be.....what? $2 a gallon? Again, look and see how much in profits the oil companies get per gallon. If you dislike it, consume less. Pretty simple.
 
Joejr14 said:
If you dislike it, consume less. Pretty simple.
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I would've thought an econ major understood that a commodity like crude oil - a product with little, if any, substitutes and produced by a cartel - implies an "inelastic" situation regarding demand.

But I'm weird that way.

regards,
jazz
 
jazzgeek said:
I would've thought an econ major understood that a commodity like crude oil - a product with little, if any, substitutes and produced by a cartel - implies an "inelastic" situation regarding demand.

But I'm weird that way.

regards,
jazz
Click to expand...

It does, but it's not a perfectly inelastic good. And while overall demand might not change all that much, I'd be willing to bet that most on here are making far less trips around town. I'm sure most are trying to consolidate trips to save a few bucks on gas. Furthermore when prices to hit a certain level you will see demand taper off, especially during the summer. I'm sure many people will cancel trips that involve a lot of driving, but silly me, that can't possible be a decrease in demand.
 
TripleMoonsExotic said:
But doesn't the UK have pretty good public transportation system? Is the $10/gallon matching with your country's cost of living? What's your country's unemployment rate? These are things to take into account of whether you can "afford" to pay a certain price for something like gas.
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Of course, the mileage I put on my vehicle to get to work, would probably put me into a different country in large parts of Europe. I drive the distance for the salary so I can afford to live here in IL, which is is cheaper than St Louis. Though if gas goes up to $6 a gal, I may have to find myself a hovel somewhere in St. Louis.
 
Joejr14 said:
Again, look and see how much in profits the oil companies get per gallon.
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Yeah, record profit report after record profit report. And why is it that the price of a barrell has finally come down over the last couple days, but the prices at the pump continue to go up everyday?
 
wade said:
I think the real problem for both the US and the UK is we are dependent on the Middle East for oil and they control it. The price and the supply are not ours to choose. That worries me more than anything else.
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We actually don't get that much oil from the Middle East. But the fact that we're dependent on foreign countries for it definitely concerns me.

I think high gas prices are here to stay. I've started car pooling and on the weekends make only one trips for all of my errands, as opposed to going out for a while coming home, going out again, etc etc. I've managed to cut my gas consumption by about $75 a month. We just need to accept that we're going to have to conserve a little more, drive a little less if we don't want to go broke.
 
After I got up off the floor....

cause Joe and I see eye to eye on something....

Let me just throw this on the table. Sure record profits for oil; also record spending for exploration abroad, refining etc.
Their profit margin was 8%. Not bad. But nothing compared to many companies. For instance, what if we started paying 3-4 dollars for a bottle of Coke, whose profit margin is 20%? How would we react?
 
Cflaguy said:
cause Joe and I see eye to eye on something....

Let me just throw this on the table. Sure record profits for oil; also record spending for exploration abroad, refining etc.
Their profit margin was 8%. Not bad. But nothing compared to many companies. For instance, what if we started paying 3-4 dollars for a bottle of Coke, whose profit margin is 20%? How would we react?
Click to expand...

I would stop drinking coke. :D

I am not belly aching about the companies and their profits, I am more concerned about finding alternative fuels that are safe for the environment.

I saw a program on TV the other night that talked about Hydrogen fuel and how people are afraid that it will explode. ummm.. has any ever stuck a match in a open gas can???
 
tricksterpup said:
I would stop drinking coke. :D

I am not belly aching about the companies and their profits, I am more concerned about finding alternative fuels that are safe for the environment.

I saw a program on TV the other night that talked about Hydrogen fuel and how people are afraid that it will explode. ummm.. has any ever stuck a match in a open gas can???
Click to expand...


Actually, I have... I was four at the time. I was lucky that I didn't cause permanent damage to my hands, and the match wasn't even lit and it was an empty can that I had been putting things in, mostly rocks. My poor little red wagon didn't fare as well as I did.

I would also stop drinking coke if it went up that high in price. Unfortunately, I can't stop buying gas as long as my body requires food and my landlord requires that I continue to pay her.
 
blueapplepaste said:
We just need to accept that we're going to have to conserve a little more, drive a little less if we don't want to go broke.
Click to expand...

This is a great point, but that means no traveling vacations through out the state. I am sure people will stay more at home and closer to town more than ever. Does that mean it will slow down tourism? I am sure its going to hurt all those small towns that depend on tourist taking the week end drive to their country hideaway. Or will this hurt more larger trips, i remember as a kid driving to Florida and going to Disney World. Sadly, If I drove down to Florida today, I would rather see fort tort or Rich's place. Man, just imagine all those racks.

*hint* Rich, turn your site into a Tourist Attraction. make some extra money. ;)
I am sure your place is neater than those Rattlesnake Road side attraction Museums. :D
 
Duff said:
Yeah, record profit report after record profit report. And why is it that the price of a barrell has finally come down over the last couple days, but the prices at the pump continue to go up everyday?
Click to expand...

Obviously because 'the man' is sticking it to you. :rolleyes:
 
I am not all that bummed out about the price. Nor am I partial to any conspiracy theories about it. The more expensive it gets= the more cost effective the research that will get us off the stuff. This isn't really even a partisan issue anymore...
 
Here's a fun question..
What was the price of gas when you first started driving? (to everybody who wants to play..)

My first bought gallon of gas was .89/gallon. Leaded, lol.
 
Yep it was around .89 cents for me too that was 15 years ago in NJ. Ill take $2.00 back at this point!
 
Not sure of the actual price, but I know I was filling up my 12 gallon tank for less than $15. Somewhere around $1.15 I believe....that was 2002.
 
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