how are we controlling gas prices when we get out of this recession?

[mozirry]

Just from a common man perspective, people feel like things are tight when maybe they really aren't that tight once high gas prices rear their ugly heads again.

I think a fair $ per gallon that is STEADY will keep the mindset of the average joe from thinking this is a wild ride once we gain some ground.

How about we just jack it up to $2.50, let the gov' recoup the taxes (say 50 cents a gallon current price)

but gov' foots the bill when it goes past $2.50


Either way, consumer has ample time to prepare/deal with the actual price. I.E., you can say "Hey, maybe I can afford that new car loan because I can safely calculate fuel costs x years down the road"

 

[Andrew1990]

Now put that $2.50 down to $2.00 and I would consider that fair.

We should get a large break from the $4 a gallon summer. That was the second biggest scam I have ever seen. Even now, the gas should be lower than $2.

 

[Vic]

OP's idea is terrible. Interrupting basic supply and demand in that fashion only encourages wasteful use.

Gas prices will likely peak around $2.50/gal this summer. The commodities bubble is as busted as the housing bubble.

 

[mozirry]

Originally posted by: Andrew1990
Now put that $2.50 down to $2.00 and I would consider that fair.

We should get a large break from the $4 a gallon summer. That was the second biggest scam I have ever seen. Even now, the gas should be lower than $2.

yeah, I Just threw out $2.50 for an example. Either way if this happens again this summer, it will be much worse then last year, and it will KILL any increase in consumer sentiment

 

[mozirry]

Originally posted by: Vic
OP's idea is terrible. Interrupting basic supply and demand in that fashion only encourages wasteful use.

Gas prices will likely peak around $2.50/gal this summer. The commodities bubble is as busted as the housing bubble.

that' s fine, I'm just throwing out ideas. You basically don't have any ideas, you believe the market has/will stabilize the price no matter what happens?

 

[Andrew1990]

If the economy is still as bad as it is now and the gas goes back up to over $3 a gallon, that would most likely be the breaking point.

I have a conspiracy theory involving Obama and the Gas companies, but I dont want to go into that.

 

[Vic]

Originally posted by: mozirry

Originally posted by: Vic
OP's idea is terrible. Interrupting basic supply and demand in that fashion only encourages wasteful use.

Gas prices will likely peak around $2.50/gal this summer. The commodities bubble is as busted as the housing bubble.

that' s fine, I'm just throwing out ideas. You basically don't have any ideas, you believe the market has/will stabilize the price no matter what happens?

I didn't say that, but... I'm sorry, what's the price of gas right now? Oh that's right... :roll:

What I did say is that your idea is moronic. Maintaining a perfectly stable price over a limited resource is a bad idea.

 

[sandorski]

Sounds like Government Price Insurance. Given the volatility experienced the last few years, this would be a very bad thing to try. I really don't see any advantage to this kind of scheme. That said, if Price Stability is what you're going after, putting a high(ish) Tax that would automatically scale down with Price Increases might work. That too would be kinda difficult to do though and would be susceptable to shenanigans on the Retail side. Not to mention(oops) that it would nullify Competition amongst Fuel Stations.

 

[blackangst1]

Originally posted by: Vic

Originally posted by: mozirry

Originally posted by: Vic
OP's idea is terrible. Interrupting basic supply and demand in that fashion only encourages wasteful use.

Gas prices will likely peak around $2.50/gal this summer. The commodities bubble is as busted as the housing bubble.

that' s fine, I'm just throwing out ideas. You basically don't have any ideas, you believe the market has/will stabilize the price no matter what happens?

I didn't say that, but... I'm sorry, what's the price of gas right now? Oh that's right... :roll:

What I did say is that your idea is moronic. Maintaining a perfectly stable price over a limited resource is a bad idea.

This.

 

[charrison]

Originally posted by: Vic
OP's idea is terrible. Interrupting basic supply and demand in that fashion only encourages wasteful use.

Would artificially keeping resources off the market be considered interfering with basic supply and demand?

 

[masteryoda34]

How about you just put 50cents in an account for every gallon you buy now and draw on those funds when gas gets expensive again?

Why force the rest of us who can handle gas prices just fine into a system designed for people with a lack of financial self responsibility?

NOTHING is stopping you from doing exactly what you proposed right now. In fact, your own personal implementation of this plan will actually net you more gain because you won't have to pay the millions of dollars in administration costs that would result if the government did it for you.

So please if you really think its a good idea do it, but don't force everyone else to do so also.

 

[soccerballtux]

Originally posted by: charrison

Originally posted by: Vic
OP's idea is terrible. Interrupting basic supply and demand in that fashion only encourages wasteful use.

Would artificially keeping resources off the market be considered interfering with basic supply and demand?

Like offshore drilling bans?

 

[Vic]

Originally posted by: soccerballtux

Originally posted by: charrison

Originally posted by: Vic
OP's idea is terrible. Interrupting basic supply and demand in that fashion only encourages wasteful use.

Would artificially keeping resources off the market be considered interfering with basic supply and demand?

Like offshore drilling bans?

There never were any offshore drilling bans.

 

[halik]

Eh if anything they should start rolling in taxes on gasoline, the current prices are killing all the alternative energy reserach.

 

[charrison]

Originally posted by: Vic

Originally posted by: soccerballtux

Originally posted by: charrison

Originally posted by: Vic
OP's idea is terrible. Interrupting basic supply and demand in that fashion only encourages wasteful use.

Would artificially keeping resources off the market be considered interfering with basic supply and demand?

Like offshore drilling bans?

There never were any offshore drilling bans.

Oh really? explain the OCS drilling ban congress and the president then? and maybe the ban on ANWR? or many other locations that could be developed in safe manner?

 

[frostedflakes]

Originally posted by: halik
Eh if anything they should start rolling in taxes on gasoline, the current prices are killing all the alternative energy reserach.

Oh I'm sure it'll be back up soon enough. Maybe not $4/gal, but $2/gal gas isn't going to last. Enjoy it while you can, I know I am.

 

[halik]

Originally posted by: charrison

Originally posted by: Vic

Originally posted by: soccerballtux

Originally posted by: charrison

Originally posted by: Vic
OP's idea is terrible. Interrupting basic supply and demand in that fashion only encourages wasteful use.

Would artificially keeping resources off the market be considered interfering with basic supply and demand?

Like offshore drilling bans?

There never were any offshore drilling bans.

Oh really? explains the OCS drilling ban congress and the president then? and maybe the ban on ANWR? or many other locations that could be developed in safe manner?

Pff ANWR is just O&G industry wet dream. There's not enough oil there (read the USGS survey) to make any difference. The reason why it's being pushed so much is the cost per barrel.

If I was an oil drilling company, I'd lobby very hard to get access to land based fields (costs ~$10/barrel) on even the dinkiest fields, as opposed to large offshore reserves (rigs costs $40-60/barrel). The value of the land/natural reserve never plays into my P&L equation.

 

[Vic]

Originally posted by: charrison

Originally posted by: Vic

Originally posted by: soccerballtux

Originally posted by: charrison

Originally posted by: Vic
OP's idea is terrible. Interrupting basic supply and demand in that fashion only encourages wasteful use.

Would artificially keeping resources off the market be considered interfering with basic supply and demand?

Like offshore drilling bans?

There never were any offshore drilling bans.

Oh really? explain the OCS drilling ban congress and the president then? and maybe the ban on ANWR? or many other locations that could be developed in safe manner?

Not granting new leases on public land != a ban

You've confused supply and demand with a ploy to manipulate stock prices through inflating assets on paper.

 

[3chordcharlie]

Originally posted by: charrison

Originally posted by: Vic

Originally posted by: soccerballtux

Originally posted by: charrison

Originally posted by: Vic
OP's idea is terrible. Interrupting basic supply and demand in that fashion only encourages wasteful use.

Would artificially keeping resources off the market be considered interfering with basic supply and demand?

Like offshore drilling bans?

There never were any offshore drilling bans.

Oh really? explain the OCS drilling ban congress and the president then? and maybe the ban on ANWR? or many other locations that could be developed in safe manner?

All more than made up for by the oil sands development in Canada that isn't - and never will be - safe.

 

[charrison]

Originally posted by: halik

Originally posted by: charrison

Originally posted by: Vic

Originally posted by: soccerballtux

Originally posted by: charrison

Originally posted by: Vic
OP's idea is terrible. Interrupting basic supply and demand in that fashion only encourages wasteful use.

Would artificially keeping resources off the market be considered interfering with basic supply and demand?

Like offshore drilling bans?

There never were any offshore drilling bans.

Oh really? explains the OCS drilling ban congress and the president then? and maybe the ban on ANWR? or many other locations that could be developed in safe manner?

Pff ANWR is just O&G industry wet dream. There's not enough oil there (read the USGS survey) to make any difference. The reason why it's being pushed so much is the cost per barrel.

If I was an oil drilling company, I'd lobby very hard to get access to land based fields (costs ~$10/barrel) on even the dinkiest fields, as opposed to large offshore reserves (rigs costs $40-60/barrel). The value of the land/natural reserve never plays into my P&L equation.

Onshore aint that cheap anymore either. Most of the easy stuff is gone the US. And there is more than enough in ANWR to warrant investing in.


But the subject was artifically limiting supply. If it costs to much to get out of the ground it is not an artificial limit. If the govt says you cant do it, it is an artificial limit.

 

[charrison]

Originally posted by: Vic

Oh really? explain the OCS drilling ban congress and the president then? and maybe the ban on ANWR? or many other locations that could be developed in safe manner?

Not granting new leases on public land != a ban
[/quote]

The effect is the same. The government by not granting leases is limiting supply.

You've confused supply and demand with a ploy to manipulate stock prices through inflating assets on paper.

I really have no idea what you are talking about there.

 

[Vic]

Originally posted by: charrison
I really have no idea what you are talking about there.

I'm sure of that.

 

[charrison]

Originally posted by: Vic

Originally posted by: charrison
I really have no idea what you are talking about there.

I'm sure of that.

Well those assets on paper and I assume you mean last summer oil bubble, was only fueled by the goverment keeping that supply artificially in the ground. It has long term limited our ability to produce oil, which drove prices higher. Is OCS and anwr drilling the magic bullet to our energy problems? No, but keeping these resources out of play is not doing ourselves any favors either.

 

[JohnOfSheffield]

Originally posted by: Vic

Originally posted by: mozirry

Originally posted by: Vic
OP's idea is terrible. Interrupting basic supply and demand in that fashion only encourages wasteful use.

Gas prices will likely peak around $2.50/gal this summer. The commodities bubble is as busted as the housing bubble.

that' s fine, I'm just throwing out ideas. You basically don't have any ideas, you believe the market has/will stabilize the price no matter what happens?

I didn't say that, but... I'm sorry, what's the price of gas right now? Oh that's right... :roll:

What I did say is that your idea is moronic. Maintaining a perfectly stable price over a limited resource is a bad idea.

I'm going to have to agree with this, and it will only ever get worse which is why the green energy sheit that is not cost effective is making billions.

Right now Hydrogen seems the way to go, in the future there will be more effective electric cells to run the infinently more effective electrical engine which will be even better by then.

I hope it happens during my lifetime, imagine having a care where you have max torque from the moment you put your foot on the gas pedal, no need for a gearbox either really since the RPM's don't affect the torque.

 

[masteryoda34]

Originally posted by: JohnOfSheffield
Right now Hydrogen seems the way to go

Where do you suppose we get this Hydrogen? You do know that there are NO natural reserves of usable Hydrogen (H_2) on Earth, right?