misconception about gas prices

[mchammer]

Originally posted by: Sudheer Anne
Can you think how much better off this planet will be once we finally develop an alternative source of energy for transportation?

Well electricity generation uses much more fossil fuels, mainly coal.

 

[zanieladie]

Originally posted by: puffff
no unnecessary road trips for me until i get a fat raise or gas prices come down.

:thumbsup:

 

[Amplifier]

Originally posted by: Looney

When you grow up and actually have some years in you, you'll realize that you don't need to put forth a mask of maturity to be taken seriously. It's only the kids that do that, since they're secretly feeling inferior, and attempt to appear more mature to be taken more seriously.

K

To think they're not manipulating the market or taking advantage of it is absurd. '

So there is price fixing in a publicly traded market. Good one.

Katrina hit, why the hell did gas prices in California or New York goes up?

Look up 'fungible good'.

Retorted a page of socialist BS in two lines. Easy123. Does your professor have anything else he wants me to debunk?

 

[b0mbrman]

Originally posted by: Amplifier
I just noticed, almost every post by a liberal had a "LOL", a "typical" or a smiley of some sort. It's like listening to a bunch of girls talk.

It's a lot easier than presenting an actual argument. LOL

 

[Ronstang]

Originally posted by: b0mbrman

Originally posted by: Amplifier
I just noticed, almost every post by a liberal had a "LOL", a "typical" or a smiley of some sort. It's like listening to a bunch of girls talk.

It's a lot easier than presenting an actual argument. LOL

That is only becaue is a thread about gasoline they can't cry racism and call people bigots.

 

[dmcowen674]

Originally posted by: GeneValgene
oil is well

thoughts? i think most people don't really understand how gas prices work...it's annoying how everything is traded in futures - it jacks everything up

Awwwww I used to think Ben stein was smart. Puppets are not smart.

So gas prices went up by themselves and he is glad because the stations haven't run out of gas. :roll:

What a frixxxing tard.

I'd rather see them run out of gas than make undeserved $400 million dollar salaries.

 

[Vic]

Originally posted by: dmcowen674

Originally posted by: GeneValgene
oil is well

thoughts? i think most people don't really understand how gas prices work...it's annoying how everything is traded in futures - it jacks everything up

Awwwww I used to think Ben stein was smart. Puppets are not smart.

So gas prices went up by themselves and he is glad because the stations haven't run out of gas. :roll:

What a frixxxing tard.

I'd rather see them run out of gas than make undeserved $400 million dollar salaries.

So what you're saying is that you'd rather see artificially-low prices lead to uncontrollable consumption until we deplete the world's oil resources entirely. Thanks for telling us how you feel.

 

[Cerb]

Originally posted by: Ronstang

Originally posted by: Engineer

Originally posted by: Ronstang
None of the tinfoil hat wearing liberals around here care anything about the truth if it does not support their agenda. I have tried in the past to explain where all the extra profit comes from when the per barrel price of oil is high but no one listens because it is not political. They don't want to understand. They are unhappy in their lives and cannot deal with the fact that there are things in this world outside their control....all the while lacking the ability to improve their own lives with the things they can control. Everything is always someone else's fault in their world and everything is always a conspiracy to keep them down.

LOL. You think "liberals" are the only ones in this country complaining about gas prices? If you believe that, I've got a few bridges (to nowhere) to see you! :laugh:

There is a HUGE difference in complaining about gas prices and complaining WHY gas prices are high.....big difference. I don't like the high prices but at least I understand why they are high and am not foolishly placing blame in the wrong place because it fits some misguided political agenda.

1. What is this 'wrong place'?
2. How is this not a conspiracy to keep people down? Maybe there's no black helicopters, but a group of folks are acting together towards an end that helps themselves, and harms others (thus, 'keeping them down').

 

[Ronstang]

Originally posted by: Cerb

Originally posted by: Ronstang

Originally posted by: Engineer

Originally posted by: Ronstang
None of the tinfoil hat wearing liberals around here care anything about the truth if it does not support their agenda. I have tried in the past to explain where all the extra profit comes from when the per barrel price of oil is high but no one listens because it is not political. They don't want to understand. They are unhappy in their lives and cannot deal with the fact that there are things in this world outside their control....all the while lacking the ability to improve their own lives with the things they can control. Everything is always someone else's fault in their world and everything is always a conspiracy to keep them down.

LOL. You think "liberals" are the only ones in this country complaining about gas prices? If you believe that, I've got a few bridges (to nowhere) to see you! :laugh:

There is a HUGE difference in complaining about gas prices and complaining WHY gas prices are high.....big difference. I don't like the high prices but at least I understand why they are high and am not foolishly placing blame in the wrong place because it fits some misguided political agenda.

1. What is this 'wrong place'?
2. How is this not a conspiracy to keep people down? Maybe there's no black helicopters, but a group of folks are acting together towards an end that helps themselves, and harms others (thus, 'keeping them down').

There really isn't any point to me trying to explain the oil industry to you as you would not believe me if it didn't fit your preconceived assessment of things. The oil companies make about 10 cents per gallon of gasoline. Considering that about 40 cents of what you pay at the pump is taxes that means ~$2.40 is the actual price. Lets be hugely generous and make a stupid assumption that the gas station makes 40 cents a gallon making the oil companies selling the gas at only $2....that 10 cents profit is only 5% and even if it scales with price is a rather LOW return on investment for someone providing something so crucioial to your daily life. Considering the stations do not likely make 40 cents a gallon the profit magin is actually less than 5%. Boy are they ever holding you down!!!

 

[SampSon]

I'm amazed at how you guys can turn any argument into partisan politics.

 

[Slew Foot]

I always heard that gas stations only make a cent or two per gallon of gas, most of their profits come from making you buy chips or car washes or something.

At any rate, considering what goes into making gasoline (finding it, drilling it, sending it on a boat across the world, refining it in a huge factory, shipping it to the gas station) I'm kinda surprised how cheap it is.

 

[Cerb]

Originally posted by: Ronstang

Originally posted by: Cerb

Originally posted by: Ronstang

Originally posted by: Engineer

Originally posted by: Ronstang
None of the tinfoil hat wearing liberals around here care anything about the truth if it does not support their agenda. I have tried in the past to explain where all the extra profit comes from when the per barrel price of oil is high but no one listens because it is not political. They don't want to understand. They are unhappy in their lives and cannot deal with the fact that there are things in this world outside their control....all the while lacking the ability to improve their own lives with the things they can control. Everything is always someone else's fault in their world and everything is always a conspiracy to keep them down.

LOL. You think "liberals" are the only ones in this country complaining about gas prices? If you believe that, I've got a few bridges (to nowhere) to see you! :laugh:

There is a HUGE difference in complaining about gas prices and complaining WHY gas prices are high.....big difference. I don't like the high prices but at least I understand why they are high and am not foolishly placing blame in the wrong place because it fits some misguided political agenda.

1. What is this 'wrong place'?
2. How is this not a conspiracy to keep people down? Maybe there's no black helicopters, but a group of folks are acting together towards an end that helps themselves, and harms others (thus, 'keeping them down').

There really isn't any point to me trying to explain the oil industry to you as you would not believe me if it didn't fit your preconceived assessment of things. The oil companies make about 10 cents per gallon of gasoline. Considering that about 40 cents of what you pay at the pump is taxes that means ~$2.40 is the actual price. Lets be hugely generous and make a stupid assumption that the gas station makes 40 cents a gallon making the oil companies selling the gas at only $2....that 10 cents profit is only 5% and even if it scales with price is a rather LOW return on investment for someone providing something so crucioial to your daily life. Considering the stations do not likely make 40 cents a gallon the profit magin is actually less than 5%. Boy are they ever holding you down!!!

IoW, "I want to reply, but I will not address either question in your post."

I'll rephrase:
1. Who/what is being blamed for this situation that should not be (except Bush, 'cause he's meaninglessly blamed for many things)?
2. If many people are doing something, and the overlapping work causes something to happen (conspiracy to something), and that something that happens causes problems for a group (keeping them down--higher gas prices), then it is a conspiracy to keep people down. Is the price being bid up as such (in which case it is a conspiracy), or is it not? If not, what is actually happening?

 

[JS80]

Originally posted by: Looney

Originally posted by: Amplifier

"Lolol y duz Amp not take my post seriusly eye bet he cant reson proparly :shocked:

Speculations is against the law... whether it's in currency or bread and milk, yet oil companies can do it. Why's that?

Looney - you just discredited yourself right there. Speculation is NOT against the law. Oil companies do NOT speculate in oil futures.

 

[Rebasxer]

Ben Stein makes it look like Big Oil companies are funding schools and putting money into the pockets of factory workers, when in reality most of the money goes to the top share holders, whom also sit on the board of directors. 400M$ retirment packages aren't funding veteran's hospitals. I can't take any blatantly biased articles too seriously.

 

[Linux23]

So, high gas prices are a combination of high oil prices and refinery capacity problems?

 

[AlienCraft]

We're at $3.00 / gal because NIGERIAN oil, which we import has been reduced by 75% due to civil unrest.
Oh, and EXXON needs to break last years record sales / profits.

< drives for a living and hates having to pay any more than totally necessary.

 

[gotsmack]

Originally posted by: Looney

Speculations is against the law... whether it's in currency or bread and milk, yet oil companies can do it. Why's that?

Derivatives are not against the law, also trading currency, commodities/futures, bonds, and stocks are also legal.

I understand the act of trading to be active speculation.