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Apr 23, 2006 3:49:05 PM
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Apr 23, 2006 4:01:51 PM
Quote:
Alan(NJ) said:
saying that this is just a temporary spike caused be the switch over from winter to summer blends coupled with a price "over-reaction".
Apr 23, 2006 5:07:36 PM
Quote:
Ron (Houston) said:
What I don't understand is U.S. never bought oil from Iran with the advent of Iran's nuclear program I don't understand why our gas pricese should sky rocket.
Majority of our oil supply comes from Canada anyway. I guess that's how CEOs like Exxon's can get a $400 million bonus packages at their retirements
Quote:
Alan(NJ) said:
saying that this is just a temporary spike caused be the switch over from winter to summer blends coupled with a price "over-reaction". So, my reading is that big oil created a artificial shortage by using production discontinuity.
Apr 23, 2006 5:17:27 PM
Apr 23, 2006 5:42:10 PM
Apr 23, 2006 5:44:31 PM
Quote:
Ron (Houston) said:
What I don't understand is U.S. never bought oil from Iran with the advent of Iran's nuclear program I don't understand why our gas pricese should sky rocket.
Majority of our oil supply comes from Canada anyway. I guess that's how CEOs like Exxon's can get a $400 million bonus packages at their retirements
Apr 23, 2006 6:26:20 PM
Quote:
MattTheCarNut said:Quote:
john999s said:
Our price in the UK is the equivalent of $6.60 per US gallon. About $106 to fill up.
Enjoy your prices whilst you can guys....
Agree! Americans need to shut their faces and enjoy their overall lower cost of living. Geez.
Apr 23, 2006 7:17:10 PM
Quote:
Hurst said:
With many OPEC countries neglecting to create a critical mass infrastructure with the vast wealth they have amassed as a result of oil sales within the past (70s to 90s), they see that the time has come to become a little bit more serious with their economic development and that may cause a lot of "discomfort" in the States.
It is an ironic twist of neoliberal economics, as the economic functionality pretty much turns the tables...
I simply see this as the first mark of a trend in the future which spells more equality in the world and less pandering to US needs...
Quote:
W8MM said:Quote:
Hurst said:
With many OPEC countries neglecting to create a critical mass infrastructure with the vast wealth they have amassed as a result of oil sales within the past (70s to 90s), they see that the time has come to become a little bit more serious with their economic development and that may cause a lot of "discomfort" in the States.
It is an ironic twist of neoliberal economics, as the economic functionality pretty much turns the tables...
I simply see this as the first mark of a trend in the future which spells more equality in the world and less pandering to US needs...
Huh???????
Quote:
W8MM said:Quote:
SciFrog said:
If you think Porsches are cheap in the US, look at the Jeep and Hummer prices, almost half the European prices...
The obvious result of confiscatory tax policies in Europe.
Apr 23, 2006 11:00:21 PM
Apr 23, 2006 11:41:29 PM
Quote:
The Groom said:
Now, if you're talking about GAS prices (not car prices), I agree with you 100%. However, I think the high gas taxes in Europe are beneficial, and I believe the US would be greatly inspired to raise its gas taxes. We as citizens and as business people need to get prepared for a world where energy is expensive. In a free market, I see no better way to steer energy users towards energy efficiency than to hit hard with the tax hammer.
When cheap energy is over, millions of American citizens and businesses will be struggling to reinvent themselves. Cities will be a mess, as people abandon suburbs and rush downtown where the infrastructure is unable to support them.
Meanwhile, European cities, citizens and businesses will shrug it off. Business as usual.
I know people will dismiss these dire predictions: "But the American public will never accept it!" Unfortunately, this is not a matter of choice. It will happen whether we like it or not. What we can choose is merely to be prepared, or to ignore it until it is too late.
Apr 24, 2006 12:00:30 AM
Apr 24, 2006 12:18:53 AM
Quote:
nberry said:
At the present tme the most important reason for high gas prices in the US is the lack of refineries. There is plenty of oil but a new refinery has not been built since 1976.
Also, when oil is involved, worldwide apprehension concerning reduced supplies because of war or political unrest, plays even a larger role in pricing.
One thing is for certain, going forward the price of oil will remain high and will go higher. The day's of $2.00 a gallon are long gone. The Europeans will see there price go up as well.
Apr 24, 2006 12:49:46 AM
Quote:
SoCal Alan said:
You want the economy to collapse, just tax the hell out of gas and you'll get it.
If you like paying $6 per gallon for gas, then that's your decision.
Quote:
SoCal Alan said:
If the politicians in the US decide to place that tax on US, there will be a revolt like you won't believe.
Apr 24, 2006 1:21:13 AM
Quote:
SoCal Alan said:Quote:
The Groom said:
Now, if you're talking about GAS prices (not car prices), I agree with you 100%. However, I think the high gas taxes in Europe are beneficial, and I believe the US would be greatly inspired to raise its gas taxes. We as citizens and as business people need to get prepared for a world where energy is expensive. In a free market, I see no better way to steer energy users towards energy efficiency than to hit hard with the tax hammer.
When cheap energy is over, millions of American citizens and businesses will be struggling to reinvent themselves. Cities will be a mess, as people abandon suburbs and rush downtown where the infrastructure is unable to support them.
Meanwhile, European cities, citizens and businesses will shrug it off. Business as usual.
I know people will dismiss these dire predictions: "But the American public will never accept it!" Unfortunately, this is not a matter of choice. It will happen whether we like it or not. What we can choose is merely to be prepared, or to ignore it until it is too late.
Let the market decide how expensive energy is. The goverment will only be making matters worse by making energy even more expensive. You want the economy to collapse, just tax the hell out of gas and you'll get it. And remember, as energy prices rise for us, they rise for Europeans also, at the same time. But they will hurt your pocketbook more then they would for us. If you like paying $6 per gallon for gas, then that's your decision. If the politicians in the US decide to place that tax on us, there will be a revolt like you won't believe.
)...
Apr 24, 2006 3:11:35 AM
Quote:
The Groom said:
I am perfectly aware that it will never happen. But such a revolt would pale in comparison with what is going to happen when nobody can afford to drive to work, when there is no public transportation system to ride to work, when there aren't enough apartments downtown to accommodate suburbanites relocating close to work. Oh, and when nobody can afford food either (you'd be astounded to hear how much oil it takes to grow a bushel of grain, let alone bring it to San Diego).
This is no about making a lifestyle choice. We have no choice about the final outcome. The only choice we have is how bad we want the transition to be.
),
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