Page 8 of 16 FirstFirst 12345678910111213141516 LastLast
Results 106 to 120 of 233

Thread: Obama: No quick fix for gas price

  1. #106
    Senior Member
    Join Date
    Dec 2008
    Posts
    3,885

    Default

    Yeah, God forbid a company out to make a profit actually does.

  2. #107
    Falcons FTW Kilgor's Avatar
    Join Date
    Jan 2004
    Location
    Joh Country
    Posts
    14,473

    Default

    Regardless of their enormous profits, I thought most oil fields were nationalised anyway ?

  3. #108
    Senior Member Roebuck's Avatar
    Join Date
    Oct 2011
    Posts
    1,123

    Default

    Quote Originally Posted by Hexer View Post
    What happens when your oil reserves run out? When drilling and exploring new oil fields gets too expensive?

    You lot are then left with contaminated environment, skyrocketing energy prices and still horribly inefficient cars, houses etc.

    To think you could just drill yourselves out of this problem is IMHO extremely shortsighted thinking.


    I never said anything about Oil reserves. and we already have fields with oil that arn't being exploited.

    what you people are pushing is making energy so expensive so that we go to smaller homes, smaller cars and push us out of the middle class into tiny econo boxes.

    We don't want that. we want to preserve our standard of living. So what if you Europeans pay more for gas? thats how your government and society molded your car culture by placing rediculously high taxes to discourage car ownership as such as scale in the U.S.

    I for one am for getting rid of the ethonal subsidy on Corn, and instead transfer them to Sugar origin so that it does not compete with the food supply(See BRAZIL)-since ethonal from corn causes food/agricultural feed more expensive by shrinking availibility to the consumer and instead sending it to the pump and not mouths.

    subsidize cheaper alternative to reduce the price of fuel instead while making the same size vehical today, more economical. some V6's today have the same power, or more than V8's back in the day whilst having twice the mileage.

    Expand on that. don't SHRINK us and sacrifice our standard of living when you dont need to.

  4. #109
    the Ralph Wiggum of Mp.net. timetraveller's Avatar
    Join Date
    Aug 2006
    Location
    In a house
    Posts
    8,440

    Default

    Oil companies are using the Iran situation to push up prices ...


    ...because they are heartless greedy mutha****s ....

  5. #110
    Senior Member Mujo2000's Avatar
    Join Date
    Aug 2011
    Location
    Are those Lancashire pigs?
    Age
    33
    Posts
    3,227

    Default

    Quote Originally Posted by Roebuck View Post
    I never said anything about Oil reserves. and we already have fields with oil that arn't being exploited.

    what you people are pushing is making energy so expensive so that we go to smaller homes, smaller cars and push us out of the middle class into tiny econo boxes.

    We don't want that. we want to preserve our standard of living. So what if you Europeans pay more for gas? thats how your government and society molded your car culture by placing rediculously high taxes to discourage car ownership as such as scale in the U.S.

    I for one am for getting rid of the ethonal subsidy on Corn, and instead transfer them to Sugar origin so that it does not compete with the food supply(See BRAZIL)-since ethonal from corn causes food/agricultural feed more expensive by shrinking availibility to the consumer and instead sending it to the pump and not mouths.

    subsidize cheaper alternative to reduce the price of fuel instead while making the same size vehical today, more economical. some V6's today have the same power, or more than V8's back in the day whilst having twice the mileage.

    Expand on that. don't SHRINK us and sacrifice our standard of living when you dont need to.
    Oil reserves, as in the oil that we can pump around these parts. You can't honestly say that you are willing to use every barrel of oil so people can keep living the way they do? What happens when it's all gone? Sure, they keep finding more, but it's harder to recover, and is only profitable when oil prices are high. Don't you think that we should be more pro-active and start finding ways to use less oil? Better management of urban sprawl, higher MPG standards, etc. isn't it better to make smaller adjustments now, than go cold turkey suddenly?

  6. #111
    Senior Member Roebuck's Avatar
    Join Date
    Oct 2011
    Posts
    1,123

    Default

    Quote Originally Posted by Mujo2000 View Post
    Oil reserves, as in the oil that we can pump around these parts. You can't honestly say that you are willing to use every barrel of oil so people can keep living the way they do? What happens when it's all gone? Sure, they keep finding more, but it's harder to recover, and is only profitable when oil prices are high. Don't you think that we should be more pro-active and start finding ways to use less oil? Better management of urban sprawl, higher MPG standards, etc. isn't it better to make smaller adjustments now, than go cold turkey suddenly?


    Re-read.


    Of course we should be more proactive, but taking a farmers work truck away and giving him a Fiat 500 isnt the way to go. Read what isaid about more fuel efficient vehicals.

    forcibly making the average citizens COST to drive to work, (because mass transit isnt an option or too dangerous) and having less money for bills, mortgage, while everything is going up in a hurt economy isnt the way to go.

    There needs to be relief. Now. and preserve the economy. While looking for alternative energy.
    Why cant we maintain our standard, AND look for alternatives at the same time?
    Other countries are doing it. also Nuclear, Algea, Ethanol from sugar. etc.

    The U.S. has the right priorities, ****ty methods and application, its investments in the wrong places, and the wrong people leading the charge.

    talking about NOW. people are struggling and making it harder for them on purpose NOW, because "People should use less"/enviremental view etc* isn't solving anything. it's making them poor. its hurting the parents putting their kids in college. its making FOOD on the table ****ing expensive.

    The demand for energy is there. kicking the regular person in the nuts is only hurting the economy.


    But some of you rather see us lose our standing back to the stone age for GAIA.



    P.S. screw ordie.
    I don't want to get mugged on public transit or shot on the metro rail for 20 bucks.

  7. #112
    Deserter Soldat_Américain's Avatar
    Join Date
    Jan 2009
    Location
    The Borderlands with Nantan Lupan
    Age
    26
    Posts
    15,279

    Default

    In regards to Standards of Living...why are all these cities working on the LA model? Urban sprawl...they're working on the population density now in LA, however some of those places aren't affordable but they are going vertical as it is becoming the only way to go.

    In regards to corn...dude we need to remove the corn subsidy...there would actually be lower feed prices and we'd produce even less corn. You have any idea how much of that stuff we just burn? Ethanol was created by the farm lobby yet agricultural subsidies do not really help the small farmer at all. We need to invest more money in algae based bio-diesel as well as hydrogen power plants. We also need to go green...and I mean neon green.

    Those of you that think the gas companies couldn't drop the price 50 cents tomorrow and not continue to rake in monstrous profits are delusional. If the .Gov wanted to really make it expensive and make us use less it would have been at $5 a gallon a couple years back. It's not a conspiracy...the *******s just want money.

  8. #113
    Senior Member Roebuck's Avatar
    Join Date
    Oct 2011
    Posts
    1,123

    Default

    Quote Originally Posted by Soldat_Américain View Post
    In regards to Standards of Living...why are all these cities working on the LA model? Urban sprawl...they're working on the population density now in LA, however some of those places aren't affordable but they are going vertical as it is becoming the only way to go.

    In regards to corn...dude we need to remove the corn subsidy...there would actually be lower feed prices and we'd produce even less corn. You have any idea how much of that stuff we just burn? Ethanol was created by the farm lobby yet agricultural subsidies do not really help the small farmer at all. We need to invest more money in algae based bio-diesel as well as hydrogen power plants. We also need to go green...and I mean neon green.
    Dude, that's what I've been trying to say!

  9. #114
    the internet is serious business! Ought Six's Avatar
    Join Date
    Jan 2008
    Location
    Profane in spirit if not in word
    Posts
    21,391

    Arrow

    Quote Originally Posted by Ordie View Post
    What's the excuse oil companies are making to raise the price of oil?
    Sorry to burst your 'ebil oil companies' bubble, but oil companies do not set oil prices. The global oil price is set by commodities exchanges. Production levels, which influence oil prices, are determined by national governments in the biggest oil producing nations, except America. If you want to see who it keeping oil prices high, then look at the OPECkers.

  10. #115
    the internet is serious business! Ought Six's Avatar
    Join Date
    Jan 2008
    Location
    Profane in spirit if not in word
    Posts
    21,391

    Arrow

    Quote Originally Posted by mdkoh View Post
    I'm beginning to believe that the supply of oil is really endless.
    Umm, no.
    ----------
    Created by a naturally occurring process deep within the earths crust.
    Possibly. But even if that is true, depleted oil reservoirs will likely be refilled at very, very slow rate.
    ----------
    Seems like everytime we estimate the amount of time we have before the well runs dry they find it somewhere else.
    They call that 'oil exploration'.
    ----------
    When I was in school they told us that oil was the byproduct of decaying dinosaurs.
    Actually, the theory was that oil was created from buried layers of decaying plant material, primarily from swamps.
    ----------
    When I was 16 we had our first major oil shortage in the 70's. Gas prices were about $.50 a gallon. Oil is a political football and if the politics of the Pres. stipulate that we pay more, he is going to find a way to make that happen.
    The Prez can certainly influence the price of oil, especially with the Congress behind them.
    ----------
    2 things determine the price of gasoline, supply of crude and refining capabilities.
    Three things. You forgot 'demand'.
    ----------
    Even if we have more oil than we can use the refining capabilities of this country are dreadfully inadequate. All it takes is one refinery going off line to push prices up again. There do not seem to be any plans to build more refineries, and if there were I don't think the EPA would be easily swayed to allow them to be built.
    That, and enviroextremist lawsuits, NIMBYs, too.
    ----------
    The government direction now is to control the population, or at least that what it appears to be right now. Until we change that then we are fooling ourselves.
    Government is always in the business of accruing more power to itself at the expense of our liberty. Right now, the American people do not seem to much give a damn about that. They just want jobs, cheap goods and government bennies that somebody else pays for. Liberty and our inalienable rights, not so much.

  11. #116
    the internet is serious business! Ought Six's Avatar
    Join Date
    Jan 2008
    Location
    Profane in spirit if not in word
    Posts
    21,391

    Arrow

    Quote Originally Posted by deagle View Post
    yes, but since he was in office, we went to war andd

    don't forget that tanks, planes, ships, trucks, hummers, etc... all need gas (all at terrible mileage at that, lol)

    so its definitely not Obama's fault gas prices are higher, its just the shift in world gas supply/demand, and its just a coincidence, NOT a correlation

    how many cars can that fill up instead of one tank ?
    This is utter bullsh1t. In 2004, the oil usage for the entire U.S. military was 144 million barrels, up 40 million barrels from the average peacetime usage. In that same year, global oil consumption was over 30 billion barrels. So the war increased global oil consumption by a little over one-one-thousandth of its total otherwise. Your claim that military consumption caused higher oil prices is obviously laughably wrong. This is what happens when you make baseless, silly assumptions without doing the math, and then falsely try to present them as 'facts'.

  12. #117
    the internet is serious business! Ought Six's Avatar
    Join Date
    Jan 2008
    Location
    Profane in spirit if not in word
    Posts
    21,391

    Arrow

    Quote Originally Posted by deagle View Post
    you're exactly right

    its world economics, basic supply and demand.....other countries need oil too, not just ours, but we sure do need alot

    its not Obama's fault when oil companies like exxon mobil and others are raking in BILLIONS in profit, almost EVERY quarter !

    Revenue and profits

    In 2005, ExxonMobil surpassed Wal-Mart as the world's largest publicly held corporation when measured by revenue, although Wal-Mart remained the largest by number of employees.[26] ExxonMobil's $340 billion revenues in 2005 were a 25.5 percent increase over their 2004 revenues.
    In 2006, Wal-Mart recaptured the lead with revenues of $348.7 billion against ExxonMobil's $335.1. ExxonMobil continued to lead the world in both profits ($39.5 billion in 2006) and market value ($460.43 billion).[27]
    In 2007, ExxonMobil had a record net income of $40.61 billion on $404.552 of revenue, an increase largely due to escalating oil prices as their actual oil equivalent production decreased by 1%, in part due to expropriation of their Venezuelan assets by the Chavez government.[28]
    As of July 1, 2010, ExxonMobil occupied 8 out of 10 slots for Largest Corporate Quarterly Earnings of All Time. Furthermore, it occupies 5 out of 10 slots on Largest Corporate Annual Earnings.[29][30]
    http://en.wikipedia.org/wiki/Exxon_mobil


    4Q'11

    http://www.newsystocks.com/news/4108...on-xom-q4-2011

    http://money.cnn.com/2011/10/27/news...obil/index.htm

    http://www.nytimes.com/2012/02/01/bu...-at-exxon.html
    Quote Originally Posted by timetraveller View Post
    Oil companies are using the Iran situation to push up prices ...


    ...because they are heartless greedy mutha****s ....
    The only problem with this analysis is that the premise is just so much BS. Oil companies do not earn big profits because they have huge profit margins. They have profit margins that are about the same or lower as most other major industries; profit margins that nobody has a fecal hemmorhage about because they are quite normal and perfectly fair. In 2001, Exxon made a 7.73% profit. The horror! BP made a paltry 5.03%. Oh, the humanity! Shell made 5.54%. Somebody save the children!

    The reason for the size of the profits numbers is that oil companies sell astounding amount of their product, because we consume astounding amounts of petroleum distillates. Too bad that shoots down the whole 'ebil, greedy, heartless oil company' crapola. Another beautiful theory slain by ugly facts.

    However, there is one company that, unlike the oil companies, makes a positively obscene 20% profit margin off of hard-working American consumers, small businesses, students and schools. Who is this truly evil profiteering corporate giant? Apple Computers. So are we going to see the same outrage against 'ebil, heartless Apple'? Yeah, I am quite sure that will happen any moment now.
    Last edited by Ought Six; 02-26-2012 at 12:13 AM.

  13. #118
    Senior Member vryhpyammoadded's Avatar
    Join Date
    Apr 2003
    Location
    The Guild of Calamitous Intent
    Posts
    2,872

    Default

    [*******#222222][FONT=Verdana]
    Quote Originally Posted by Pandemonium View Post
    We're almost at 110/barrel, last year when we hit the 114, the economy started to collapse again, so we're almost there, markets are unable to sell off due to POMO, and light volume, so we're near the brink once more, a significant collapse in the markets in the weeks to come, so unless Iran does something stupid, gassprices will come down once more.
    [/FONT][/COLOR]
    [*******#222222][FONT=Verdana]I just remembered another detail. What do you think these massive trillion $$ liquidity pools that formed over the last three months will be doing soon? There’s already a lot of commodities movement happening, or maybe the long suspected bond to market inversion is about to happen?
    [/FONT][/COLOR]
    [*******#222222][FONT=Verdana]As for fuel, here in the US there’s about a 90 day lag from barrel $ increase to pump price.
    [/FONT][/COLOR]
    [*******#222222][FONT=Verdana]Then there’s the rumor the Fed reserve will begin buying another trillion or so in toxic MBS’s come next month. I wonder how dollar value will appear come summer?
    [/FONT][/COLOR]
    [*******#222222][FONT=Verdana]For the other Obama talk…[/FONT][/COLOR]

    [*******#222222][FONT=Verdana]There’s actually a lot Obama could do to end this economic war, only problem is that the US just might be winning it. Then again, pressure for those unexpected, game changing events is also on the rise. [/FONT][/COLOR]

  14. #119
    Deserter Soldat_Américain's Avatar
    Join Date
    Jan 2009
    Location
    The Borderlands with Nantan Lupan
    Age
    26
    Posts
    15,279

    Default

    @oughtsix...how much have ExxonMobil and Shell invested in research and production of algae based bio-diesel? Or even Hyrdogen?

  15. #120
    Not Goat Roping Shermbodius's Avatar
    Join Date
    Apr 2011
    Location
    Let er rip, tater chip!
    Posts
    17,266

    Default

    P.S. screw ordie.
    I don't want to get mugged on public transit or shot on the metro rail for 20 bucks.
    Ha, we have bears, cougars and freezing snow. I doubt I could bike to a store for a beer let alone to make a living.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •