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Thread: Gas prices are highest ever for this time of year

  1. #121
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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by Blue_State View Post
    Greece. That is all I can think of when I read that.
    Greece is only about 2.5% of the EU economy ... let alone the world's economy.

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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by Kali View Post
    If it does get up to around $5 a gallon here? I am gonna have to buy a mopad or something

    I will never understand why we don't pump our own oil that is here in the U.S. Do they expect all the jobless people to be able to look for work if gas prices reach the $5 a galllon rate
    Our number one export product last year was what? Gasoline.

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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by sawyerloggingon View Post
    I can't believe a couple of people in here actually said oil went up because the economy has done so well under obama, talk about delusional.
    Did anyone say "well" or "improved?"

    Because you look foolish arguing that increasing demand for a product with a limited supply doesn't increase prices.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by Samhain View Post
    The oil industry will become the alternative energy industry when oil starts to run out.
    This is incorrect. The oil industry will switch to alternatives as profit margins on oil decrease to where the point alternative provides more reliable and higher profits. We didn't run out of whales when the age of whale oil died. And oil is running out. It's just still highly profitable.

    Right now, there isn't a market for an alternative to oil on a profitable scale. That's why we've seen plenty of "green" bankruptcies and the tanking of electric cars(Leaf, Volt).
    How many cars sell 10k in their first year as a first model without any previous model?

    Tally of Nissan LEAF and Chevy Volt Sales for 2011 | PluginCars.com

    Solid numbers considering the price and the new factor. As for green bankruptcies, it has more to do with illegal dumping and government sponsorship then anything else. It makes sense what US producers who don't get free land, cheap labor, nearly free loans, unlimited lines of credit and relaxation of environmental laws like in China can compete with firms that do. When you have a country that frankly isn't playing fair, it's no wonder why you go under when you get no support.

    There isn't money to be made in that realm despite the government's best effort at subsidizing the sector. The tech just isn't ready for mass production and consumption.

    On top of that, our infrastructure isn't ready for a spike in electrical demand. We are shuttering coal fired power plants left and right, shifting their production to existing facilities, pushing the limits of production. Until we can increase our electrical production, develop better electrical storage facilities on both a small footprint and large, we aren't ready for non-fuel driven vehicles.
    That's probably true.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by obvious Child View Post
    There isn't money to be made in that realm despite the government's best effort at subsidizing the sector. The tech just isn't ready for mass production and consumption.
    The only real hitch with alternative energies is the energy storage problem. That's getting solved. As it stands, Wind, Solar, Tide, and Wave solutions are already out there and they're already making money. Have been for decades. People just weren't paying attention while gas was cheap.
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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by obvious Child View Post
    This is incorrect. The oil industry will switch to alternatives as profit margins on oil decrease to where the point alternative provides more reliable and higher profits. We didn't run out of whales when the age of whale oil died. And oil is running out. It's just still highly profitable.
    Correct. When the big businesses start to change their business to where the money is to be made will be when we realize the change is happening.


    Quote Originally Posted by obvious Child View Post
    How many cars sell 10k in their first year as a first model without any previous model?

    Tally of Nissan LEAF and Chevy Volt Sales for 2011 | PluginCars.com
    The Ford Mustang sold 380,000 in its first year. More comparable to the time, I think the first year run of the Prius was about 6,000.

    Quote Originally Posted by obvious Child View Post
    Solid numbers considering the price and the new factor. As for green bankruptcies, it has more to do with illegal dumping and government sponsorship then anything else. It makes sense what US producers who don't get free land, cheap labor, nearly free loans, unlimited lines of credit and relaxation of environmental laws like in China can compete with firms that do. When you have a country that frankly isn't playing fair, it's no wonder why you go under when you get no support.
    My thoughts on the green bankruptcies was that they banked on China's cost for raw materials going in up, but when the predicted shortage didn't occur, they went belly up. Again it points to the tech not being ready for prime time.

    Quote Originally Posted by obvious Child View Post
    There isn't money to be made in that realm despite the government's best effort at subsidizing the sector. The tech just isn't ready for mass production and consumption.
    Couldn't agree more. The tech isn't ready for mass production and consumption.

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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by obvious Child View Post
    Did anyone say "well" or "improved?"

    Because you look foolish arguing that increasing demand for a product with a limited supply doesn't increase prices.
    Gas use has gone down since obama got here but gas prices have gone up, want to see a fool, look in the mirror.


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    Re: Gas prices are highest ever for this time of year

    Wow, as the price goes up people consume less, who would have thunk it?

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    Re: Gas prices are highest ever for this time of year

    The President, any President, has very little to do with gas prices...prices are high because the big oil companies are greedy...they sell the majority of their product overseas at much higher prices so that keeps our prices high...in relative terms, our prices are low...in the UK, gas is about $10 a gallon...the real shame is that on top of record profits, we still give these companies Billions of dollars in subsidies...oh, and most of their product is sold tax free...

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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by JasonI View Post
    The President, any President, has very little to do with gas prices...prices are high because the big oil companies are greedy...they sell the majority of their product overseas at much higher prices so that keeps our prices high...in relative terms, our prices are low...in the UK, gas is about $10 a gallon...the real shame is that on top of record profits, we still give these companies Billions of dollars in subsidies...oh, and most of their product is sold tax free...

    Every state and most municipalities tax gasoline at the pump.. So does the Federal Government.

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