gas prices.

#2
#2
Gas should be regulated like a utility.
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#5
#5
wounded mullet said:
Yeah, because the utility companies never price gauge their customers.
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Point taken. But what's the solution? At least utilities need approval before raising prices. Government corruption is another issue. Gas prices fluctuate on a whim.
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#6
#6
tri_vol said:
Point taken. But what's the solution? At least utilities need approval before raising prices. Government corruption is another issue. Gas prices fluctuate on a whim.
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strap windmills to your car. design a perpetual motion car, walk everywhere. or get a government job where other people pay for your gas.
 
#8
#8
tri_vol said:
Point taken. But what's the solution? At least utilities need approval before raising prices. Government corruption is another issue. Gas prices fluctuate on a whim.
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For people to not have been burying their head in the sand for the last 30 years about limited supply and dependence on foreign entities.

Americans don't seem to grasp the fact that the rest of the world is filled with humans that are every bit as clever, hard-working, and desiring of a better life as we are. If we want cheap transportation, we're going to have to start getting more efficient or find another way.
 
#11
#11
IPorange said:
For people to not have been burying their head in the sand for the last 30 years about limited supply and dependence on foreign entities.

Americans don't seem to grasp the fact that the rest of the world is filled with humans that are every bit as clever, hard-working, and desiring of a better life as we are. If we want cheap transportation, we're going to have to start getting more efficient or find another way.
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We could always drill here while finding that better way, instead of being at the mercy of OPEC while we do it.
 
#12
#12
lumberjack4 said:
We could always drill here while finding that better way, instead of being at the mercy of OPEC while we do it.
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I've broken down the best-case-scenario math before, but suffice it to say that there just isn't enough oil here to make a real difference. We'd have the choice of sucking it all out quickly and it only lasting a couple of years, or taking it out slowly and it only making a dent of a couple pennies.

People talk about ANWR. There isn't enough oil there to supply the US for more than a few months.
 
#14
#14
IPorange said:
That's a fact. But then how do we recover that revenue, when we're already operating under a massive deficit and an insane debt?
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so if your job suddenly had you take a pay cut to keep you employed what would you do to make ends meet at home?

Yep me too. Too bad the gov't doesn't think like a rational person.
 
#15
#15
our taxes are far lower than other countries. if anything we need to discourage consumption. dropping teh tax wouldn't do that.
 
#18
#18
droski said:
our taxes are far lower than other countries. if anything we need to discourage consumption. dropping teh tax wouldn't do that.
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If I said that, I'd be painted as a crazy green and roasted. But it's the truth. In some ways, Americans have gotten used to gas at bargain prices, and complain now when it's true worth is setting in.

I drove from Knoxville to Denver for less than $150 last month. That's actually a pretty good deal.
 
#19
#19
IPorange said:
If I said that, I'd be painted as a crazy green and roasted. But it's the truth. In some ways, Americans have gotten used to gas at bargain prices, and complain now when it's true worth is setting in.

I drove from Knoxville to Denver for less than $150 last month. That's actually a pretty good deal.
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Why would you do that when you can fly roundtrip for $400, give or take.
 
#20
#20
the real question is: "how is Bush responsible for this?"

oh and there's got to be some racism in there somewhere.
 
#21
#21
lumberjack4 said:
How do you regulate prices set by a foreign entity?
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Gas prices shot up to $5 per gallon when katrina hit. That had nothing to do with OPEC. Sheetz gas stations is a large chain on the East coast. Their suppliers raised prices immediately. Sheetz refused to pay because it was price gouging. They were told that they would not receive deliveries not because of a lack of supply but for not paying exorbitant prices. This happens all the time. Oil prices rise on futures trading so the gas companies use it as an excuse to raise prices. If OPEC really had total control, then why didn't prices fall back to $1.25 levels when oil prices fell to under $50 per barrel. The consumer was already price conditioned and the gas companies were to busy making billion dollar profits every quarter. OPEC plays a big part but gas companies use them as a convenient excuse.

Supply and demand only works when there is sufficient competition. The government has allowed to much consolidation. They need to either regulate prices or break them like they did Ma Bell. jmo
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#23
#23
droski said:
our taxes are far lower than other countries. if anything we need to discourage consumption. dropping teh tax wouldn't do that.
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I agree but all the finger pointing seems to be leaving out a huge part of the gas prices. For some reason people see it with things like alcohol/tobacco but don't with gas. Not sure why

IPorange said:
I agree with you again.
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then you might want to rethink your position :p
 
#24
#24
tri_vol said:
Gas prices shot up to $5 per gallon when katrina hit. That had nothing to do with OPEC. Sheetz gas stations is a large chain on the East coast. Their suppliers raised prices immediately. Sheetz refused to pay because it was price gouging. They were told that they would not receive deliveries not because of a lack of supply but for not paying exorbitant prices. This happens all the time. Oil prices rise on futures trading so the gas companies use it as an excuse to raise prices. If OPEC really had total control, then why didn't prices fall back to $1.25 levels when oil prices fell to under $50 per barrel. The consumer was already price conditioned and the gas companies were to busy making billion dollar profits every quarter. OPEC plays a big part but gas companies use them as a convenient excuse.

Supply and demand only works when there is sufficient competition. The government has allowed to much consolidation. They need to either regulate prices or break them like they did Ma Bell. jmo
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Again, how do you regulate prices or "break them" when they are foreign entities?
 
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