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Political Discourse: This is a discussion on Gas prices again within the Discussion forums, part of the extensive steroid information at MESO-Rx; 2.59 a gal.. wtf is going on now. Did Bush spill some while filling his jet? Whats the price ...


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  #1 (permalink)  
Old 04-13-2006, 09:01 PM
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Default Gas prices again

2.59 a gal.. wtf is going on now. Did Bush spill some while filling his jet? Whats the price in your area? Yes this is in the right forum........POLITICAL....
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Old 04-13-2006, 09:06 PM
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Default Re: Gas prices again

2.91
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Old 04-14-2006, 12:14 AM
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Default Re: Gas prices again

2.79
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Old 04-14-2006, 02:29 AM
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Default Re: Gas prices again

*sigh* Why is it always Bush's fault? I'm in no way saying he's perfect and I don't agree with his policies but how could this one be his fault? Guess I just wish people would use their heads and look at reality and then blame the right people.
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Old 04-14-2006, 09:04 AM
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Default Re: Gas prices again

$2.79...it is what it is. If everybody would cut their fuel consumption by 20%, prices would come back down. Don't drive to the outlet mall 40 miles away on saturday, don't drive to dinner everynight, turn your car off when sitting in traffic for 2 hours....etc. It's very easy to do.

It all boils down to the fact that we need it, and they have it. If we are stupid enough to pay these high prices, they will keep charging them. It's just business. I'm just surprised there has not been a collusion lawsuit filed yet.
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Old 04-14-2006, 10:35 AM
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Default Re: Gas prices again

If you tell me what one is, then I'll file it.
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Old 04-14-2006, 12:37 PM
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Default Re: Gas prices again

Quote:
Originally Posted by Grizzly
If you tell me what one is, then I'll file it.
It would be where the CEO's of Exxon, Chevron, Havoline, BP and every other oil/gas company get in a room together and all agree to charge the same arbitrarily high price of $3.00 a gallon. Basically, price fixing.

It's illegal because it removes competiton from the market place, but is also very difficult to prove...but it goes on every single day.
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Old 04-14-2006, 02:14 PM
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Default Re: Gas prices again

Sometimes it would be nice if people actually had a clue about how the gas/oil markets worked. Unfortunately, reality isnt nearly as exciting as the conspiracy theories about Bush and his oil buddies or the oil companies colluding to screw everyone.
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Old 04-14-2006, 02:22 PM
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Default Re: Gas prices again

Quote:
Originally Posted by Bob Smith
Sometimes it would be nice if people actually had a clue about how the gas/oil markets worked. Unfortunately, reality isnt nearly as exciting as the conspiracy theories about Bush and his oil buddies or the oil companies colluding to screw everyone.
Oh, so you're saying I don't have a clue???

I don't believe any of the Bush theories, but I do believe there is some collusion going on in the oil industry.
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Old 04-14-2006, 02:34 PM
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Default Re: Gas prices again

Quote:
Originally Posted by Kayz
Oh, so you're saying I don't have a clue???

I don't believe any of the Bush theories, but I do believe there is some collusion going on in the oil industry.
While I agree that there is collusion going on, I dont believe its on the part of the oil companies. The problem, in large part, is OPEC. They control the quantity/volume of production. Its no different than DeBeers controlling 75% of diamonds in the world. Diamonds are only as rare as DeBeers wants them to be. Same thing with oil and OPEC.

But even there, ExxonMobils (and the other oil companies) profits werent out of line, so I dont see what the big fuss is all about.
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Old 04-21-2006, 09:25 PM
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Default Re: Gas prices again

2.79 and on the rise.
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Old 06-03-2006, 02:06 AM
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Default Re: Gas prices again

by that same token, i love it how a lot of clueless mf'ers love to bitch and moan about Exxon Mobil's profits, yet they have no problem supporting their Starbucks habit with $4 cups of coffee. Do they bitch about Microsoft? No, all they have are these conspiracy theories about how Bush and the oil companies have some kind of agreement to take over the world.

fucking same retards bitch when gas prices go up,blaming President Bush for high gas prices. Have these people ever opened an Economics 101 book? Where were these people when their highschool Econ teachers were drawing supply and demand curves on the blackboard?

Some people just need to educate themselves before arguing politics and the economy.


Quote:
Originally Posted by Bob Smith
While I agree that there is collusion going on, I dont believe its on the part of the oil companies. The problem, in large part, is OPEC. They control the quantity/volume of production. Its no different than DeBeers controlling 75% of diamonds in the world. Diamonds are only as rare as DeBeers wants them to be. Same thing with oil and OPEC.

But even there, ExxonMobils (and the other oil companies) profits werent out of line, so I dont see what the big fuss is all about.
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Old 06-05-2006, 10:09 PM
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Default Re: Gas prices again

2.49 last week... this week is 2.72 reg
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Old 06-06-2006, 01:47 AM
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Default Re: Gas prices again

3.09..cheapest in my area..

BTW..gas in iraq....around 30 cents per gallon.....
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Old 06-06-2006, 10:36 PM
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Default Re: Gas prices again

Quote:
Originally Posted by manimal78
by that same token, i love it how a lot of clueless mf'ers love to bitch and moan about Exxon Mobil's profits, yet they have no problem supporting their Starbucks habit with $4 cups of coffee. Do they bitch about Microsoft? No, all they have are these conspiracy theories about how Bush and the oil companies have some kind of agreement to take over the world.

fucking same retards bitch when gas prices go up,blaming President Bush for high gas prices. Have these people ever opened an Economics 101 book? Where were these people when their highschool Econ teachers were drawing supply and demand curves on the blackboard?

Some people just need to educate themselves before arguing politics and the economy.

well,well,well, a Bush backer has came from the wood pile... funny how that nerver happens any more..
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Old 07-03-2006, 12:57 AM
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Default Re: Gas prices again

yup blame bush for everything i guess now. I guess if the dog shits on your guys carpet now adays its bushs fault i guess. But really, in reality the number one gas producer is russia and iraq is number 16 lets do the math here and relize that gas comes from more than just middle eastern countrys. The fact is the price of gas has been going up way before bush even took office, hell it started going up before i could even drive!!! Its simply greedy mother fer's and the extremly high demand for oil thats making oil what it is today.
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Old 07-03-2006, 02:26 PM
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Default Re: Gas prices again

What high demand are you talking about JJA?, have you actually looked at the oil market or are you just assuming?

Saudi Arabia alone is having 400,000 barrels a day of oil that they can't sell.

The oil prices are NOT about high demand.
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Old 07-03-2006, 02:36 PM
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Default Re: Gas prices again

That's an issue of supply. Technically, the demand is high. I don't know a single person who has ever considered walking to the grocery store or bicycling to work or even, GASP!, jogging to the gym. Rather, they prefer to bitch about how much gas costs....as they trade in their Focus for an SUV.

So, technically, demand is high. It is obvious by the fact that people are paying 300% more than gas cost 4 years ago. It may be a falsely inflated price, but if they can get it, then more power to them, I guess.
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Old 07-03-2006, 03:01 PM
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Default Re: Gas prices again

Quote:
Originally Posted by oldtimer
What high demand are you talking about JJA?, have you actually looked at the oil market or are you just assuming?

Saudi Arabia alone is having 400,000 barrels a day of oil that they can't sell.

The oil prices are NOT about high demand.
...then what are they about then...because every oil company, oil analyst, and every foreign government are citing "high/increased demand" as the reason for justifying the higher prices.

...Saud Arabia may have 400K extra barrells a day they can't sell, but it doesn't matter to the US because the oil coming out of Saudia Arabia right now is so dirty, the old refineries in the US cannot process the crude.

The problem in the US is more a function of limited refining capacity than it is supply. There has not been a new refinery built in the US in over 25 years. There is much cleaner, cheaper technology out there that could get the job done, but no company in their right mind would consider building a new refinery in the US because of the EPA and the environmentalists. It's just too much hassle.

I saw a special on Discovery Channel or something like that about US oil refineries. Basically it said that the older refineries in the US are only capable of processing certain types of crude and that much of the cheaper crude available today is incompatible with the technology here in the US.
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Old 07-06-2006, 09:52 PM
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Default Re: Gas prices again

$2.79 and I'm told it is going higher.
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Old 07-06-2006, 11:16 PM
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Default Re: Gas prices again

$2.87.

And reading through these posts, it would seem that:

1. No one knows what "fungible" means, and why it's important.
2. No one understands supply and demand.
3. No one knows anything about China and India.

There is no collusion going on. Gas prices aren't high because of excessive markup, they're high because the market demands more crude than can be extracted and refined. The reason you see huge profits in oil companies isn't due to markup, it's due to huge volume.

You can boycott anyone you want. The commodity is fungible, meaning if you buy less from one oil company, they'll just sell their excess to another company at market price, and demand will always outstrip supply.
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Old 07-09-2006, 10:22 PM
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