Gas Prices

12Footer

Fleet Admiral
Joined
Mar 25, 2001
Messages
8,217
Re: Gas Prices

http://seattletimes.nwsource.com/html/home/index.html
This is an AP release, 12.......;)
Read it & weep.........:redface:
Now tell me that they are not manipulating supply.....:mad:
Until we purchase it -- it is THEIR supply that we demand. They have a right to "manipulate" it!!Tell it like is is, Haut... you're just whinin because they're richer then you are. :D
Their gas/our money... How badly do you want to get to Starbucks,HM? Doesn't matter... As long as you'll pay 4 bucks fer a cuppa joe, they'll be there brewing-away -- so get peddling, if the thought of "making the rich richer" upsets you so. :D

In spite of the constant barage in the from hollywood and your media droogies, We are still a capitalist society. Socialism will be vigorously fought by some of us, so get ready for an uphill battle, all the way to the bottom if need be. Two years ago, This came from the UK Daily Telegraph:ENTIRE ARTICLE"Steve Forbes, the billionaire business publisher, predicted that the oil bubble will burst inside a year, and the price will plunge as the impact of Hurricane Katrina sent the price of oil soaring to new record levels. HISTORY ITSELF prooves that NONE of the major oil companies have any influence over the price of a barrel of oil. The world market for
oil is (and allways has been) a commodity market.It may not be for long if hugo has his way, but i digress, and there is no room for that ---
It is nearly perfect competition. There are over 1,000 companies supplying oil to the market. Some, like ARAMCO and CITGO, are owned by governments. Liberals would like to see tha happen here, as they need more dependants. On the demand side, there are seven billion consumers. In both cases, demand and supply, no one is large enough in the marketplace to significantly impact the price of oil in the market as a whole. India and China have doubled their demand for oil in the past ten years.
This has substantially increased demand. Unless Congress is willing to declare war on India and China and use nuclear weapons to bomb 'em back to the Stone Age,(which is the ludacrous image libs have of us knuckle-draggers ANYHOW), demand will not decrease any time soon. Nigeria normally produces 3% of the world's oil supply. They are totally closed down by terrorist rebels. The oil rigs destroyed by the hurricanes, about a hundred plus of them, have not yet recovered. All 25 refineries on the Gulf Cost were shut down by the hurricanes. How many are still down? I have no clue, just axing "how long until they return to full production?" We have not built a new refinery since '72! Can you say "EARTH DAY?"
I knew that you could, Haut.
Supply is way down. Unless Congress permits drilling in the Gulf coast, drilling in Alaska, permits more refineries to be built, supply will not increase any time soon. When demand goes up, the price increases. When supply decreases, the price goes up. No one can stop this! Not even dingy harry!! Bolivia seized control of the energy fields and "nationalized" them. Now, since Bolivia "nationalized" everything, seizes all energy supplies (that is socialism in ACTION for the unenlightened lemmings amoung us), it would leave ExxonMobil, the accused "robber barons," screwed out of about $3 billion in investments. It would leave the Brazilian "robber barons" screwed out of about $3.5billion!! So you want to blame "BIG OIL"?? Go ahead. Have fun .It's Big Dictator time. Of the top 14 oil exporters, only one is a well-established liberal democracy - Norway. Two others have recently made a transition to democracy - Mexico and Nigeria. Iraq is trying to follow in their footsteps... (No thanks to Dingy harry or pelosi) That's all! Every other major oil exporter is a dictatorship - and the run-up in oil prices has been a tremendous boon to them. This is the case for Mahmoud Ahmadinejad.
On May 3rd of last year,Max Boot wrote in the Los Angeles Times: "My associate at the Council on Foreign relations, Ian Cornwall, calculates that if oil averages $71 a barrel this year, 10 autocracies (or dictatorships) stand to make about $500 billion more than in 2003, when oil was at $27.
"This windfall helps to squelch liberal forces and entrench noxious dictators in such oil producers as Russia (which stands to make $115 billion more this year than in 2003) and Venezuela ($36 billion). Vladimir Putin and Hugo Chavez can buy off their publics with generous subsidies and ignore Western pressure while sabotaging democratic developments from Central America to Central Asia." This is what Max Boot calls "the dictatorship dividend." It "also subsidizes Sudan's ethnic cleansing ([Sudan] stands to earn $4.7 billion more this year than in 2003), Iran's development of nuclear weapons ($45 billion) and Saudi Arabia's proselytization for Wahhabi fundamentalism ($149 billion). Even in such close American allies as Kuwait ($35 billion) and the United Arab Emirates ($36 billion)" more.

My socialist friends, THAT was one year ago!!!!
color=red]Wake up and what are you smoking anyway??!!![color] Remember that? Better late than never? Where's your sign? Let me borrow it for a minute and fix it up... Caution WET PAINT!!

Obsene profits my eye, man! If you take Exxon's profit, $39.5 billion dollars, the most reported profit, divided equally among every man, woman, child, and illegal immigrant in this country, it would be enough for maybe every man, woman and child and illegal immigrant to go out and buy three or four gallons of gasoline. You could do it one time, because after you take their whole profit, Exxon's going to say, "Why should I stay in business in this country?" It isn't going to happen. It's not that much money.
But American socialists/liberals (for some reason they do not like being called "Democrats" as whitnessed above) have been led to believe by a Drive-By Media and their champions in office, that Big Oil, alone -- maybe Big Drug, too -- is able to magically set its price for every product to guarantee itself not only a huge profit, but that you get "the shaft", and that they are not part of the market, that they somehow are independent of market forces. They
have so many market forces preying on these companies. If I were Big Oil CEO, I would call members of the government up, and I would conduct hearings and I would ask them, "Why is it you are making it so hard for us to do business? You won't let us drill. You will not let us build any new refineries. You will not let us do one thing to expand our operations in your country, and all the while, you're blaming us for gouging customers." Market forces totally constrain Big Oil just like any other business. You're going to have to shelve this belief that there's some wizard behind a curtain that can do whatever he wants price-wise, independent of the market.
As for a profits tax, why is extortion the only socialist answer?
I got yer winfall profits tax" Pry it from my wallet if you think you can.
 

QC

Supreme Mariner
Joined
Mar 22, 2005
Messages
22,783
Re: Gas Prices

Hey! Gas went down last week . . . How the flyin' flip did that happen? :rolleyes:

Dang it! Dang it! Dang it! Another perfectly good conspiracy theory down the drain . . . Dang it!!
 

Haut Medoc

Supreme Mariner
Joined
Jun 29, 2004
Messages
10,645
Re: Gas Prices

Hey! Gas went down last week . . . How the flyin' flip did that happen? :rolleyes:
Dang it! Dang it! Dang it! Another perfectly good conspiracy theory down the drain . . . Dang it!!
The fear of Gubmint intervention temporarily put the brakes on BIG OIL'S insatiable lust for BIG PROFIT........;)
 

12Footer

Fleet Admiral
Joined
Mar 25, 2001
Messages
8,217
Re: Gas Prices

And GROW UP!! ANYTIME ANYONE disagrees with your position they must automatically be a Demoncrat.
Since you've derailed this debate to the subject of ME:
Where did you get THAT jewel from, dems?? RE-read any of my posts for clarification -- and try to comprehend.. DemocRATS have nothing to do with my ideological war with SOCIALISTS and LIBERALS. And it isn't personal. LIBERALISM and SOCIALISM have destroyed your party, of which I once ashamedly belonged to BTW... The party that fought for equal rights, and preached PEACE have allowed their LIBERAL base to now define your party.My question to you is, "do you agree with the course your ship is headed?" I havrn't for 20 years.
I could care less about your party, while i openly-rail against liberalism and socialism.
These socialist campaigns against "BIG OIL", "BIG-HAMBURGER" "BIG EVERYTHING" are what drives us American capitalists to the polls in droves every time these clowns assault capitalism like that, or try to use profit guilt as a weapon.. It simply has a reverse effect upon some us that it was meant to repell from the polls. And socialism aka liberalism in it's modern form is the ideology I get steamed over enough to give my beloved iboats' server bank a heat stroke.

I still love you,man. :) I know for a fact it isn't out of malice that you wish to bring our FREE economy to it's knees. I just think you could do better than to invent more extortion rackets that cripple buisness, free trade,and in that vein, our own FREE (so far) economy. How much would a gallon of gas cost us minus the taxes ALLREADY THERE?! THAT should be your battle cry as well as mine! If Washington is so into regulating fuel prices,and "looking-out for the little guy" let them make the fuel -- OR GIVE THIS LITTLE GUY HIS STINKIN CAPITALIST TAX MONEY BACK!!!

I have no problem giving my money to those who PRODUCE. I do have a major problem with those who EXTORT! No Robin Hoods in MY whitehouse without a fight. I'm sick of them all.

Well guess what, even redumblicans have the hope of elevating their intelligence levels high enough to disagree with the widespread stupidity, secrecy and LIES of the bush administration. Even the most loyal subjects can wise up and come to disagree with king george. So do us all a favor, get a new schtick and give the "evil liberal Democrat" one a rest. You are surely smart enough to think for yourself and come up with something better and more persuasive than the spin the redumblican party has used all along to try and intimidate the opposition into silence. And yes, that was a compliment.
As long as we are looked down upon by such a band elitist snobs as so feverishly-llustrated above, you can forget about the sane amoung us following ANY of them off the cliff, i would think.
Your admitted condescension prooves to at least this NEOCON that for now, the party to belong to is the "redumblican party". Perfect? Not hardly.. Still a party of man, subject to all human faults inherent therin. Since you think we are a band of knuckle-draggin morons, just watch this all-or-nothing fight for our borders.

If "king George" doesn't start fighting this war here on our soveriegn borders, we will elect someone who will. As for libs and their campaign towards impeachemnt of him and his cabinet, we would like status quo, please... As long as you're fighting to keep George out of the white house in '08, you're distracted from our canidates, while defining liberalism and socialism for idiot masses in the efforts :) That can only be fruitful for us in '08. :)

Of course you realize that is totally discredited, because it didn’t originate on Fauz news don’t you?
Fauz news? Never heard of it :D
You're butcherin your own butchery, man -- Too funny!
As to my news sources,How would you know one way or the other of their "agenda"?
All you need for your global news is Cristiane Amenpore and PBS.
But ok, I do get my news from fauz and "cbs radio news" alomost to exclusion of all others. But CBS is treadin on thin ice... As soon as they start doing skits (what libs call "news reports") about "global warming being man's fault" and reporting it as "NEWS" ,they are history too. If it weren't in my werk truck, I already would listen to music instead of talk radio -- I have kind of found a way around it tho.
I often podcast Rush Limbaugh...
Commericial free --
Drives ya knutz don't it? :D
Exxon makes $100 Million a day net profit and the have the gull to ask the American taxpayer to subsidize them, amazing isn’t it, only in Bush America, and that is only one Oil Company.
The "gull" they have, they have the right to have. Aquiring ,werkin for, or owning stock in a "big oil" (company) does not ans SHOULD NEVER cost one their citizenship!!!!!
And all that "obscene profit!! How dare they??!!! :D
All sea birdz asside ,man... How many CITGO stations do you pass compared to EXXON staions? Why is that?
Keep drinkin that koolaid and drivin your campaign bus. It's helping our cause through blatent retrospect.
 

QC

Supreme Mariner
Joined
Mar 22, 2005
Messages
22,783
Re: Gas Prices

The fear of Gubmint intervention temporarily put the brakes on BIG OIL'S insatiable lust for BIG PROFIT...​

Again? That's some weak arse zhit for the all powerful Oil Cartel . . . Man, and just when I thought they were worth worshiping . . . foiled agin :(
 

Haut Medoc

Supreme Mariner
Joined
Jun 29, 2004
Messages
10,645
Re: Gas Prices

[/left]

Again? That's some weak arse zhit for the all powerful Oil Cartel . . . Man, and just when I thought they were worth worshiping . . . foiled agin :(
Why?....
BIG GUBMINT will trump BIG OIL every time.....
If BIG OIL needs a ***** slap every now & again to make 'em tow the line, then so be it........
That's the sound of the dinna bell ringin', Murky & Quibblin' Cat......:p:p:p
 

Tail_Gunner

Admiral
Joined
Jan 13, 2006
Messages
6,237
Re: Gas Prices

Until we purchase it -- it is THEIR supply that we demand. They have a right to "manipulate" it!!Tell it like is is, Haut... you're just whinin because they're richer then you are. :D
Their gas/our money... How badly do you want to get to Starbucks,HM? Doesn't matter... As long as you'll pay 4 bucks fer a cuppa joe, they'll be there brewing-away -- so get peddling, if the thought of "making the rich richer" upsets you so. :D

In spite of the constant barage in the from hollywood and your media droogies, We are still a capitalist society. Socialism will be vigorously fought by some of us, so get ready for an uphill battle, all the way to the bottom if need be. Two years ago, This came from the UK Daily Telegraph:ENTIRE ARTICLE"Steve Forbes, the billionaire business publisher, predicted that the oil bubble will burst inside a year, and the price will plunge as the impact of Hurricane Katrina sent the price of oil soaring to new record levels. HISTORY ITSELF prooves that NONE of the major oil companies have any influence over the price of a barrel of oil. The world market for
oil is (and allways has been) a commodity market.It may not be for long if hugo has his way, but i digress, and there is no room for that ---
It is nearly perfect competition. There are over 1,000 companies supplying oil to the market. Some, like ARAMCO and CITGO, are owned by governments. Liberals would like to see tha happen here, as they need more dependants. On the demand side, there are seven billion consumers. In both cases, demand and supply, no one is large enough in the marketplace to significantly impact the price of oil in the market as a whole. India and China have doubled their demand for oil in the past ten years.
This has substantially increased demand. Unless Congress is willing to declare war on India and China and use nuclear weapons to bomb 'em back to the Stone Age,(which is the ludacrous image libs have of us knuckle-draggers ANYHOW), demand will not decrease any time soon. Nigeria normally produces 3% of the world's oil supply. They are totally closed down by terrorist rebels. The oil rigs destroyed by the hurricanes, about a hundred plus of them, have not yet recovered. All 25 refineries on the Gulf Cost were shut down by the hurricanes. How many are still down? I have no clue, just axing "how long until they return to full production?" We have not built a new refinery since '72! Can you say "EARTH DAY?"
I knew that you could, Haut.
Supply is way down. Unless Congress permits drilling in the Gulf coast, drilling in Alaska, permits more refineries to be built, supply will not increase any time soon. When demand goes up, the price increases. When supply decreases, the price goes up. No one can stop this! Not even dingy harry!! Bolivia seized control of the energy fields and "nationalized" them. Now, since Bolivia "nationalized" everything, seizes all energy supplies (that is socialism in ACTION for the unenlightened lemmings amoung us), it would leave ExxonMobil, the accused "robber barons," screwed out of about $3 billion in investments. It would leave the Brazilian "robber barons" screwed out of about $3.5billion!! So you want to blame "BIG OIL"?? Go ahead. Have fun .It's Big Dictator time. Of the top 14 oil exporters, only one is a well-established liberal democracy - Norway. Two others have recently made a transition to democracy - Mexico and Nigeria. Iraq is trying to follow in their footsteps... (No thanks to Dingy harry or pelosi) That's all! Every other major oil exporter is a dictatorship - and the run-up in oil prices has been a tremendous boon to them. This is the case for Mahmoud Ahmadinejad.
On May 3rd of last year,Max Boot wrote in the Los Angeles Times: "My associate at the Council on Foreign relations, Ian Cornwall, calculates that if oil averages $71 a barrel this year, 10 autocracies (or dictatorships) stand to make about $500 billion more than in 2003, when oil was at $27.
"This windfall helps to squelch liberal forces and entrench noxious dictators in such oil producers as Russia (which stands to make $115 billion more this year than in 2003) and Venezuela ($36 billion). Vladimir Putin and Hugo Chavez can buy off their publics with generous subsidies and ignore Western pressure while sabotaging democratic developments from Central America to Central Asia." This is what Max Boot calls "the dictatorship dividend." It "also subsidizes Sudan's ethnic cleansing ([Sudan] stands to earn $4.7 billion more this year than in 2003), Iran's development of nuclear weapons ($45 billion) and Saudi Arabia's proselytization for Wahhabi fundamentalism ($149 billion). Even in such close American allies as Kuwait ($35 billion) and the United Arab Emirates ($36 billion)" more.

My socialist friends, THAT was one year ago!!!!
color=red]Wake up and what are you smoking anyway??!!![color] Remember that? Better late than never? Where's your sign? Let me borrow it for a minute and fix it up... Caution WET PAINT!!

Obsene profits my eye, man! If you take Exxon's profit, $39.5 billion dollars, the most reported profit, divided equally among every man, woman, child, and illegal immigrant in this country, it would be enough for maybe every man, woman and child and illegal immigrant to go out and buy three or four gallons of gasoline. You could do it one time, because after you take their whole profit, Exxon's going to say, "Why should I stay in business in this country?" It isn't going to happen. It's not that much money.
But American socialists/liberals (for some reason they do not like being called "Democrats" as whitnessed above) have been led to believe by a Drive-By Media and their champions in office, that Big Oil, alone -- maybe Big Drug, too -- is able to magically set its price for every product to guarantee itself not only a huge profit, but that you get "the shaft", and that they are not part of the market, that they somehow are independent of market forces. They
have so many market forces preying on these companies. If I were Big Oil CEO, I would call members of the government up, and I would conduct hearings and I would ask them, "Why is it you are making it so hard for us to do business? You won't let us drill. You will not let us build any new refineries. You will not let us do one thing to expand our operations in your country, and all the while, you're blaming us for gouging customers." Market forces totally constrain Big Oil just like any other business. You're going to have to shelve this belief that there's some wizard behind a curtain that can do whatever he wants price-wise, independent of the market.
As for a profits tax, why is extortion the only socialist answer?
I got yer winfall profits tax" Pry it from my wallet if you think you can.


Boy that was a large a@@ post, now if i may after alll that enlightening verbage, how does the oil get sold, in one funnel, to the highest bidder on the commodities market................ Ummm so much for American Competition................. ya know wht QC i believe all of our utilities should be sold that way i mean what the hell.
 

bruceb58

Supreme Mariner
Joined
Mar 5, 2006
Messages
30,581
Re: Gas Prices

Gas prices here in So Cal are now lower than one year ago.
 

12Footer

Fleet Admiral
Joined
Mar 25, 2001
Messages
8,217
Re: Gas Prices

Boy that was a large a@@ post,
And that is the SHORT version. I got more, but figured I'd spare y'all. :D
now if i may after alll that enlightening verbage, how does the oil get sold, in one funnel, to the highest bidder on the commodities market................ Ummm so much for American Competition................. ya know wht QC i believe all of our utilities should be sold that way i mean what the hell.
You're correct. It doesn't matter to some, and yet, i still wont buy CITGO.So It matters to me, but only as to whom the left attacks/blames for it..especially when they defend, or at minimum, give a pass to these azclowns:
80905387.pmFEDXSP.bigoil.jpg

While the American industry is portrayed as the antichrist.
Yes, I be Just a liitle "touchy" about it. Touchy enough to switch fuel cards.
 

Haut Medoc

Supreme Mariner
Joined
Jun 29, 2004
Messages
10,645
Re: Gas Prices


It's the refiners who are jacking up prices, by limiting production, 12....
They don't want any new refineries, & have shelved plans for expansion on existing ones to prop up there BIG PROFIT!.....:rolleyes:
 

QC

Supreme Mariner
Joined
Mar 22, 2005
Messages
22,783
Re: Gas Prices

Oil exec 1 "I know, let's build 100 refineries so our risk goes up and prices go down. What do you think?" Oil exec 2 "yeah great plan, let's get right on that . . ."

Do I need to get out a big stick to knock this into some really dense heads?
 

OldMercsRule

Captain
Joined
Nov 30, 2006
Messages
3,340
Re: Gas Prices

Maria Cantwell and her Democrat buds work hard to limit drilling, (ANWAR and offshore), which helps aggravate the tight supply demand situation towards higher prices. BTW: many here may have forgotten, more supply would help equalize supply demand pressures and lower the relative price.

Based on the higher prices the Democrats worked hard to achieve, she then pushes socialistic and punitive anti oil business proposals to her majority corntrolled Congress, the leading Democrat Presidential candidate openly talks about confiscating oil company profits. That is the actual back drop of events.

Do you hiped up victims of high oil prices understand a reluctance of the domestic oil companies to invest in hard oil assets vs stock buy backs? If those businesses belonged to you, (and you were a rational business person), you would be very reluctant to invest in any North American oil business assett. Real simple if ya have at least one functioning brain cell. JR
 

Haut Medoc

Supreme Mariner
Joined
Jun 29, 2004
Messages
10,645
Re: Gas Prices

Oil exec 1 "I know, let's build 100 refineries so our risk goes up and prices go down. What do you think?" Oil exec 2 "yeah great plan, let's get right on that . . ."

Do I need to get out a big stick to knock this into some really dense heads?[/quote]

You have my permission to use that stick to beat the OIL execs. to within an inch of their lives!........;):D
 

QC

Supreme Mariner
Joined
Mar 22, 2005
Messages
22,783
Re: Gas Prices

If those businesses belonged to you, (and you were a rational business person), you would be very reluctant to invest in any North American oil business assett. Real simple if ya have at least one functioning brain cell. JR
Yeah, you'd think even with half of one brain cell . . . :rolleyes: I guess it's more fun to panic and run around in circles and think you're a victim of every little thing. I prefer a victimless aproach to life ;)
 

12Footer

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Joined
Mar 25, 2001
Messages
8,217
Re: Gas Prices

Bruceb said:
Then you better not buy Chevron either becuase Chevron as well as other refiners buy oil through Citgo.
You're missing the point. It was my perogative to cut-up my CITGO fuel card. I did so as a direct reaction to hugo and his little "speach" so well-publicised a while back.
As for subsidiaries, big deal. My neighbor buys CITGO, but it aint me.
I have made my "statement", by exercising my right.How about yours? Sorry, but hugo cannot stop me.


It's the refiners who are jacking up prices, by limiting production, 12....
They don't want any new refineries, & have shelved plans for expansion on existing ones to prop up there BIG PROFIT!.....:rolleyes:
You must gtive them your permission first.... Then, you must wait ten years... And yes, it does GREATLY involve their profit margin to build a multi-billion dollar facility, not to mention jumping thru the environmental "hoopage" your ilk placed in their path, even before banning new refineries 18years ago.
It has come around to bite you (and me thank you very much) right in the brass. How does it feel?
Ca-ching, HM.
 

OldMercsRule

Captain
Joined
Nov 30, 2006
Messages
3,340
Re: Gas Prices

Yeah, you'd think even with half of one brain cell . . . :rolleyes: I guess it's more fun to panic and run around in circles and think you're a victim of every little thing. I prefer a victimless aproach to life ;)

I agree. Hopefully, ya take our very sweet life in the worlds' greatest Country, and appreciate what ya have, (like you and I seem to do). That said: some choose ta p*** n' moan about every problem that increases the cost of their playin' in the ol' sand box, n' call fer their momma, (to most in Americans today: that's the government), to make things worse so they can scream louder fer more Nanny government 'cause they like the sound of their collective snivlin'. IF YA WANNA PLAY YA GOTTA PAY. Real simple corncept that seems lost here. Is Liberalism a mental disorder? JR
 

OldMercsRule

Captain
Joined
Nov 30, 2006
Messages
3,340
Re: Gas Prices

Here is a clean easy to understand take from a billionare owner, n' former Presidential candidate of one of our Nation's most respected financial magizines. 'course I told ya this same stuff a number of times, (but you folks know I am limited by the fact that I only have one brain cell). Some of you may wish to attack the messinger, or display for all of us your far superior grasp of how the oil business REALLY WORKS. So have at it, I say!! JR

"Congress Takes Aim at 'Big Oil'" by Steve Forbes


http://www.realclearpolitics.com/articles/2007/06/criminalizing_supply_and_deman.html
 

treedancer

Commander
Joined
Apr 10, 2005
Messages
2,216
Re: Gas Prices

Hey JR here?s something I spotted on Forbes,seeing as how you like to Quote him and all.


GOP Block Tax Hikes for Oil Companies
By H. JOSEF HEBERT 06.21.07, 12:54 PM ET

<<Senate Republicans blocked a $32 billion package of tax breaks for renewable energy Thursday that would have been financed mostly by new taxes on major oil companies.>>

Man have to keep the buttered side up, especially with a tough election coming up, keep that oil money coming into the Republicans campaign funds


http://www.forbes.com/feeds/ap/2007/06/21/ap3845134.html
 
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