Gas prices
Joker
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Joined: 19 Mar 2011
Age: 35
Gender: Male
Posts: 7,593
Location: North Carolina The Tar Heel State :)
30 Mar 2012, 7:35 pm
Joker wrote:
When supply and demand for gas becomes a problem in certin ares Gas prices, will rise in those areas it's just common since really.
Ahhhhhh........good ol' supply side economics!
Turns out that market forces are not predictable by "common sense". Oil companies care about 1 thing and 1 thing only: profits. They will charge as much money for gasoline as they can get away with so long as they're still making a profit. This is NOT a recap of the early 1970s where the supply was too low due to an embargo of imported oil. There is currently a surplus of gasoline(which means the supply > demand) and yet domestic fuel prices are RISING! How is that *common sense* , eh? The reason for this is that Oil companies figure they can make more money by exporting fuel while charging higher prices for American consumers. Try that on for size.
Joker
Veteran
Joined: 19 Mar 2011
Age: 35
Gender: Male
Posts: 7,593
Location: North Carolina The Tar Heel State :)
30 Mar 2012, 7:41 pm
AspieRogue wrote:
Joker wrote:
When supply and demand for gas becomes a problem in certin ares Gas prices, will rise in those areas it's just common since really.
Ahhhhhh........good ol' supply side economics!
Turns out that market forces are not predictable by "common sense". Oil companies care about 1 thing and 1 thing only: profits. They will charge as much money for gasoline as they can get away with so long as they're still making a profit. This is NOT a recap of the early 1970s where the supply was too low due to an embargo of imported oil. There is currently a surplus of gasoline(which means the supply > demand) and yet domestic fuel prices are RISING! How is that *common sense* , eh? The reason for this is that Oil companies figure they can make more money by exporting fuel while charging higher prices for American consumers. Try that on for size.
Really now In my state when prices of Gas go up in a country the Gas supply for the county is low their for making the prices of Gas rise America should foucus on purchasing Kurd oil the same as China and Russia does then when the Kurd oil is all gone everyone will come to America wanting to buy our gas then you will see true Gas prices but we will not be the ones paying for the high gas prices other countries that pay for our gas will cost them a arm and a leg so to speak so yes its common sense really.
30 Mar 2012, 7:53 pm
Joker wrote:
AspieRogue wrote:
Joker wrote:
When supply and demand for gas becomes a problem in certin ares Gas prices, will rise in those areas it's just common since really.
Ahhhhhh........good ol' supply side economics!
Turns out that market forces are not predictable by "common sense". Oil companies care about 1 thing and 1 thing only: profits. They will charge as much money for gasoline as they can get away with so long as they're still making a profit. This is NOT a recap of the early 1970s where the supply was too low due to an embargo of imported oil. There is currently a surplus of gasoline(which means the supply > demand) and yet domestic fuel prices are RISING! How is that *common sense* , eh? The reason for this is that Oil companies figure they can make more money by exporting fuel while charging higher prices for American consumers. Try that on for size.
Really now In my state when prices of Gas go up in a country the Gas supply for the county is low their for making the prices of Gas rise America should foucus on purchasing Kurd oil the same as China and Russia does then when the Kurd oil is all gone everyone will come to America wanting to buy our gas then you will see true Gas prices but we will not be the ones paying for the high gas prices other countries that pay for our gas will cost them a arm and a leg so to speak so yes its common sense really.
The US government is not in the oil business and if they were, they'd either have to obtain a monopoly(which wont happen) or effectively compete with private oil companies(which cant happen). You're also neglecting the CO$T of importing oil since it has to be transported thousands of miles across the ocean and then refining it when it's cheaper to use oil that's already here and refined + ready to use. While there is enough petroleum to meet the demand here in the US at the present time, there really isn't enough to export in large quantities while still keeping prices low(unlike Russia, Venezuela, and Saudi Arabia). This is why there is debate in Congress over authorizing oil exploration off California, BTW.
Joker
Veteran
Joined: 19 Mar 2011
Age: 35
Gender: Male
Posts: 7,593
Location: North Carolina The Tar Heel State :)
30 Mar 2012, 8:03 pm
AspieRogue wrote:
Joker wrote:
AspieRogue wrote:
Joker wrote:
When supply and demand for gas becomes a problem in certin ares Gas prices, will rise in those areas it's just common since really.
Ahhhhhh........good ol' supply side economics!
Turns out that market forces are not predictable by "common sense". Oil companies care about 1 thing and 1 thing only: profits. They will charge as much money for gasoline as they can get away with so long as they're still making a profit. This is NOT a recap of the early 1970s where the supply was too low due to an embargo of imported oil. There is currently a surplus of gasoline(which means the supply > demand) and yet domestic fuel prices are RISING! How is that *common sense* , eh? The reason for this is that Oil companies figure they can make more money by exporting fuel while charging higher prices for American consumers. Try that on for size.
Really now In my state when prices of Gas go up in a country the Gas supply for the county is low their for making the prices of Gas rise America should foucus on purchasing Kurd oil the same as China and Russia does then when the Kurd oil is all gone everyone will come to America wanting to buy our gas then you will see true Gas prices but we will not be the ones paying for the high gas prices other countries that pay for our gas will cost them a arm and a leg so to speak so yes its common sense really.
The US government is not in the oil business and if they were, they'd either have to obtain a monopoly(which wont happen) or effectively compete with private oil companies(which cant happen). You're also neglecting the CO$T of importing oil since it has to be transported thousands of miles across the ocean and then refining it when it's cheaper to use oil that's already here and refined + ready to use. While there is enough petroleum to meet the demand here in the US at the present time, there really isn't enough to export in large quantities while still keeping prices low(unlike Russia, Venezuela, and Saudi Arabia). This is why there is debate in Congress over authorizing oil exploration off California, BTW.
We have the largest supply of oil natural gasess ect we are in deed in the oil business but the goverment should at least have a say in the matter of oil policy and prices that are made if we where in the oild business then we should have a fascist economic approach to it.
30 Mar 2012, 11:49 pm
ValentineWiggin wrote:
People who live in places without suburban sprawl (IE, with a bakery half a block away, or something) or places with good public transit have no idea about the necessity of cars in America. Where I'm from (a small town) I'd have to drive FIFTEEN miles to the grocery.
Yup! Due to the ways in which huge portions of the country developed, cars are a necessity. I know it from personal experience. I sure need a car to do the things that I need to do every day!
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Joker
Veteran
Joined: 19 Mar 2011
Age: 35
Gender: Male
Posts: 7,593
Location: North Carolina The Tar Heel State :)
31 Mar 2012, 12:15 am
I have been living on my own since last year. I spend at least 80 to 100$ on Gas weekly the area I live in so small that the nearest grocery storel is a least 30 miles away. Not to meniton how much I pay for food, the cable bill, water bill, power bill, It's not easy living on your own. I went to the grocery store, yesterday ended up paying 76$ and 34cents this week rent will be 450$ I'm just glad I know how to do taxes that's what my EC class taught me to do in High School.
