| The price of Gas
Posted: 4/20/2008 5:15:51 PM | I'm sorry I haven't a link to post, but if you Google a bit you should be able to find a chart graphing the price of oil and the value of the dollar v. other currencies, particularly the euro. The Financial Times (ft.com) is a good source. Simply, the price of oil has been moving lockstep with the value of the dollar, and the value of the dollar has been declining for some time, simply because we're printing way too many dollars. When the Federal Reserve 'injects liquidity' into the financial system what that really means is the Fed is printing up some dollars. And the rest of the world is getting sick of our freshly printed money.
From dopey George's deficit swelling lunacy (tax cuts that benefited the rich w/o creating offsetting revenue, financing two wars by borrowing) to Bernanke's rescue of Bear Stearns, the US is printing away its future. | |
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| The price of Gas
Posted: 4/20/2008 6:59:05 PM | | I think the best acronym to define what's happening to today's automobile owners: BOHICA. | |
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| The price of Gas
Posted: 4/22/2008 4:54:53 AM | | try coming to england the price of gas here is well in excess of$10 a gallon | |
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| The price of Gas
Posted: 4/22/2008 10:23:07 AM | it really sucks because I own an XTerra - its a neccessity for New England winters and moreso to tow trailers and work stuff when Im helping out with landscaping in the summer. I am pondering dumping it though and getting a better mpg car thats worth less - all in an effort to keep my payments level.
In the meantime, Im putting my motorcycle BACK on the road Friday - 32MPG.
Something should be done though - including the development of refineries in the US - which we havent updated in many years. Additionally, one means of reducing dependance on foreign oil could be debt collection on Mexico - they have an oil rich gulf and owe the US millions (not to mention the fact that the government has been complicit in the waves of illegals flowing over every day) - siezing their assets would be an excellent way of paying down the mexican debt and getting the US back on track. | |
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| The price of Gas
Posted: 4/22/2008 10:50:57 AM | .
Having installed Hitches on motorcycles to tow trailers....go to a professional.
There is no shortage of refinery output, In fact OPEC cut production today....
We need high Gas Prices it helps GDP.
Maybe EXXON (Standard Oil) could raise the price and help the economy out.... | |
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| The price of Gas
Posted: 4/22/2008 11:03:11 AM | whatever the need for the prices, I am less inclined to care. I think Im gonig to siphon from the neighbor's prius.
she won't notice. | |
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| The price of Gas
Posted: 4/22/2008 11:16:58 AM | siphon......
Passé........
Pick ax and hammer in the bottom of the gas tank ... Or hydraulic jack and pick ax if you are worried about noise pollution.
If it is a diesel truck be careful the Owner Operators live in them....
Too much $$$ to lose. Seems selfish to me. They need to share. | |
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| The price of Gas
Posted: 4/22/2008 11:50:58 AM | Your prices in USA are cheaper than Canada or most of Europe. What I find to be unfair is that Canada produces so much oil, yet our gas prices are higher than the US where we send much of our oil.
Over 30% of the USA oil imports come from Canada, we are now the leading exporter of oil to the USA.
Parts of Canada have $1.50 a litre gasoline, which sounds outrageous! But when you look at the rest of the world, it is easy to realize that our honeymoon with Oil is over and we are coming to a time where the marriage to oil is on shaky ground.
I see a divorce on the horizon, but right now we will just whine and put up with the problems rather than solve them...typical for a bad marriage.
$ 1.24 a litre = $ 4.69 US a gallon. - MG | |
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| The price of Gas
Posted: 4/22/2008 12:01:21 PM | .
Your prices in USA are cheaper than Canada or most of Europe. What I find to be unfair is that Canada produces so much oil, yet our gas prices are higher than the US where we send much of our oil.
I assume this is justification to sneak in and siphon Our gas.......
Another Reason for Strong Borders.......... 1st Whine then siphon........
Manifest Destiny= My Oil
. | |
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| The price of Gas
Posted: 4/22/2008 12:04:22 PM | | screw it. the city I live in whined about having to lay everyone off and raise our taxes, yet purchased an assload of shiny new Dodge Chargers for the Police. Heh. | |
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| The price of Gas
Posted: 4/22/2008 12:10:56 PM | .
I heard on the news the other day how a cop ran out of Gas.... siphon......
. | |
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| The price of Gas
Posted: 4/22/2008 12:18:58 PM | "I assume this is justification to sneak in and siphon Our gas.......
Another Reason for Strong Borders.......... 1st Whine then siphon........
Manifest Destiny= My Oil "
Bob -I hope this is a joke right? I'm not whining about our gas prices at all, I hope they go up and push people away from their dependance. I'm telling those whining about prices to look at the global issue here and see that in the USA they still have it pretty good with regards to gas pricing.
...and no, it's our oil, we will sell it to you. | |
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| The price of Gas
Posted: 4/22/2008 12:20:42 PM | | if the gas prices don't do down, our economy, which is already in a world of Katie Couric, will continue to falter. | |
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| The price of Gas
Posted: 4/22/2008 12:35:37 PM | that might be a good thing in the long term. Dependance will not weaken until drastic changes are made, which may be inevitable if the economy steadily keeps dropping in the US. Political changes along with economic changes will help, but there will also need to be a very strong shift in attitude on behalf of the American people. If you can make that change/shift, many parts of the world will follow.
(Just don't let your economic problems spill up here, we are doing great.) | |
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| The price of Gas
Posted: 4/22/2008 12:48:07 PM | Here's a link I put on another thread.
http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html
If we go under economically here in the USA, the spill over effect will involve other Nations.. especially Canada... due to 'trade'.
Once the USA Citizens get fed up enough and put some real change into Congress and our dependence on products in other Countries... i.e. oil from Canada and Others.. those Countries need to be preparing for their own Economic woes. It will not be our fault. That is when other Nations will need to turn internally and take a good hard long look at their own.
The people here in the USA will take so much and then there will be some type of revolution. I feel if that happens it will benefit the USA... but, will be disaterous for other Countries. | |
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| The price of Gas
Posted: 4/22/2008 12:48:41 PM | The biggest difference in price at pump is you are taxed to death for things like Roads and health care. We only pay about $.50 a gallon tax........ ha ha
So we don’t have to build bridges and new hi-ways.....
Your Oil?
Do the Math 300,000,000 vs 33,000,000......minus 10,000,000 French.....
If we gave you all our oil back you would be flooded with oil....
Where would you keep it?
The Loo???
Would you make Molsen with it and export to US???
I don’t think so..... were smarter than that... | |
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| The price of Gas
Posted: 4/22/2008 1:33:53 PM | | If the Cemocratic liberal environmentalists would let us drill in Alaska where there are 500 billion barrels of oil beneath the earth there that would help. If the democratic environmentalists would let us drill off the coast of Florida that would give us another 500 billion barrels of oil and if the democratic environmentalists would let us drill in the North, south Dakota area where there is 600 billion barrels beneath the earth there our gas prices may go down quite a bit. The environmentalists are the ones driving our gas prices up by having to get our oil imported because we dont want to hurt our environment. All we are hurting is our wallets | |
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| The price of Gas
Posted: 4/22/2008 2:32:58 PM | Bob - I'm sorry to say but that last post seems a little odd?
Molsen? really? - first off Molson was bought by the Coors company and is now the largest beer company in North America, Molson Coors.
http://en.wikipedia.org/wiki/Molson_Coors_Brewing_Company
Back on topic:
China has been asking Canada for a larger share of our oil exports for many years, as have many other countries in the world. It will not be a problem for us to get rid of a hot product, right now we have an agreement with the US to give them a large percentage of our exports.
Canada's economy is affected by the slow down in the US, but not near like it was 10-20 years ago. Because of the global economy many of our products would be heading elsewhere if the US didn't have contracts to purchase.
I guess I don't see the reasoning in your post. I guess I don't mind being taxed to death on gas if it means roads and healthcare are taken care of. | |
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| The price of Gas
Posted: 4/22/2008 2:39:21 PM | Using a scooter to get around town sounds ideal to me...
A few years ago in San Francisco my gf and I had access to a really nice Vespa... man, that was such an ideal way to get around that town.
In Vegas though... I wouldn't feel nearly as safe... too many ginormous truckaholics driving at breakneck speeds. | |
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| The price of Gas
Posted: 4/22/2008 2:43:01 PM | Molson Coors Brewing Company announced a joint venture to be known as MillerCoors for.....
.................... their US operations................
that will market all of their products...... Wikipedia,
The Coors family sold out... something about a Stepmother. All the Decisions come from the North....
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Your tax income goes up based on the retail price of your gas. You should have a windfall or surplus. | |
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| The price of Gas
Posted: 4/22/2008 3:13:25 PM | "I know oil runs the world,.."
But who runs the oil?
Bush & Cheney but of course..... | |
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| The price of Gas
Posted: 4/22/2008 3:17:02 PM | | wow did that just start? because last I checked the "environmentalists" have been around for a long time...even as far back as the Clinton years when gas was $1 a gallon..... | |
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| The price of Gas
Posted: 4/22/2008 6:25:49 PM |
Can you say Jimmy Carter misery index?
Carter's problem was he was President at a bad time - inflation was rampant due to the first oil shock in '73, and also due to Johnson and Nixon running the Vietnam war without raising taxes.
One of Carter's best moves, which shows the difference between a statesman and a political hack, was appointing Paul Volcker to the Fed. Volcker raised interest rates sky high, triggering a severe recession, but ultimately stopping inflation. Politically this was awful for Carter, and Reagan was able to enjoy the benefits of an inflation free economy.
Carter's problems were beyond his control. Our woes today, including gas prices, are in large measure due to choices made by Duhbya and Co. - Iraq, big budget deficit, lax regulation.
And I'm just scared to death about what might happen to the price of gas if a Democrat is elected President. Why, during the last Democratic administration, I remember having to pay all of $.89 for a gal of regular. Boy that sucked! | |
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