Originally posted by: Specop 007
Wow. Its suprising how people who otherwise have a strong understanding of business become so dumb when faced with an emotional and personal argument like what they pay for gas.
Its supply and demand. If we (being US consumers) arent willing to give $3 or $4 a gallon someone else will. Oil isnt a commodity strictly used by America. Its a global commodity. Every country in the world uses oil to some extent or another. To hold American companies liable for price fixing is just absurd. Your more the welcome to petition your government to force oil companies to sell gas on the American market at $1/gallon. And you'll quickly find no gas anywhere.
Additionally, it is a refining capacity issue. Whens the last time a new refinery went up? You know how people like to joke around about those California libtards who block every new possible energy measure because of the harm? You know, no wind power because it kills birds, no nuke power because its scary, no geothermal because of global warming etc etc etc. Well, the same sh1t happens every day to get a new refinery in. Theres more red tape then trying to cvoer up a blow job in the Oval Office.
Then throw on top of that the whole tax issue. You know what the companies do with all that revenue? Alot of it goes back into exploration and research, or at the least allows companies to pursue this. Oil fields are being found in ever deeper and ever harsher regions of the globe. To bring those online takes vast amounts of money for research and equipment. We're drilling for fields in areas that even 10 years ago was thought impossible.
So, take a rising world demand with shipping restraints and throw in some local aspects such as rising taxes (or repeal of tax breaks) and inability to build more refineries, increasing emission restrictions and voila. You have high gas prices.
But to be honest, the price to fill my car doesnt concern me much. What concerns me is the entire way of life for first world countries is pinned to gas prices. Food, medicine, entertainment, everything we have today is held up by cheap oil. When that goes up your cost of living across the board goes up. Thats what scares me.
But I do have a question. Why does no one bother with Toyota? They have posted record profits and are now the moist successful auto manufacturer on the planet. Everyone says "Good job Toyota!'. Every says "Big 3 has crapppy management!"
Well, why is it if Toyota is successful everyone praises the exec's for doing a goood job. When the Big 3 does poorly everyone ridicules the exec's for doing poorly. When the energy companies do well everyone thinks the exec's are theives.
Wow, thats irony there isnt it?