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Gas prices are highest ever for this time of year

And since the thread is about gas prices in the US......

But anyway, the reason gas prices are high is because we are closing refineries since the supply is outstripping demand, speculation on the oil market, supply disruptions in Africa, and Iranian sanctions on oil contracts.

The biggest factor in gasoline prices worldwide is the cost of oil. As we have seen since the 90's, oil prices keep going up as the world demand approaches the world supply levels of cheap oil.

World demand is increasing faster than its cheap supplies of oil. The US military warned in 2010 there could be serious shortages as soon as 2015. As we get closer and closer to that peak in demand/supply, anything that threatens disruption in the middle east, where most of the cheap oil is located, causes speculator spikes in the already high prices we pay at the pump.
 
We have plenty of oil in this country to drill. With technology if we don't have a better alternative to oil in 10 years I'd be surprised. There should be no worry of running out oil.
 
We have plenty of oil in this country to drill. With technology if we don't have a better alternative to oil in 10 years I'd be surprised. There should be no worry of running out oil.

We don't have plenty of cheap oil, that is the problem. Most of that is located in the middle east. That is why Iraq was such a big prize that we won for the big oil companies.

No one claims we will run out of oil. The problem is that it becomes too expensive to promote economical growth. That is why we import more than half the oil in this country. Even with the cost of the military and middle east wars, it is less expensive than turning the oil in this country into gasoline.

That's one of the reasons we are transitioning to alternative energy.
 
You think that might have anything to do with decreased production due to the Recession????


No, I think that they are purposely skewing their own chart there in the interest of so called "Energy Justice".... BTW, what the hell is a supposed law school doing preparing empirical data on energy to in their own words drive policy? They are skewed, they are anti American energy, and they are IMHO trash.



j-mac
 
We don't have plenty of cheap oil, that is the problem. Most of that is located in the middle east. That is why Iraq was such a big prize that we won for the big oil companies.

No one claims we will run out of oil. The problem is that it becomes too expensive to promote economical growth. That is why we import more than half the oil in this country. Even with the cost of the military and middle east wars, it is less expensive than turning the oil in this country into gasoline.

That's one of the reasons we are transitioning to alternative energy.

We won Iraqi oil for the Chinese oil companies ?

And.........gasoline is one of our biggest exports now.
 
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Your Chart from the lefty Marxists at UCSD is wrong....Gas price was lower than they show on the chart in 2008.


j-mac

You might notice that the data is from the EIA.
 
No, I think that they are purposely skewing their own chart there in the interest of so called "Energy Justice".... BTW, what the hell is a supposed law school doing preparing empirical data on energy to in their own words drive policy? They are skewed, they are anti American energy, and they are IMHO trash.



j-mac

Oh, in your opinion eh? :lamo
 
Western oil firms remain as US exits Iraq



That doesn't change the fact that the US imports more oil than it produces, and has since 1971. There has not been a single year under either party since 1971 that we have produced as much oil as we consume.

Great evidence to support your position.........

Out of the 20 contracts in your link, an American company got ONE !!

Very impressive ............:lamo
 
Great evidence to support your position.........

Out of the 20 contracts in your link, an American company got ONE !!

Very impressive ............:lamo[/QUOTE]

There are very few "American oil companies" in existence, they have merged with bigger western oil companies. And you do not have a clue how the world oil market works. It was about getting the big Western oil companies back in Iraq for the first time in over 3 decades. And we did!


Mission accomplished as the banner said!!!
 
And higher CAFE ratings easily passed. Both being positive turn of events for both parties. Neither negates past actions.
What may be the most recent legislative CAFE action (increasing CAFE standards), the Energy Independence and Security Act of 2007, passed the House with 50% of the voting Republicans voting no while only 2% of the voting Democrats voted no.

It passed the Senate with 15% of the voting Republicans voting no while only 2% of the voting Democrats voted no.

Clearly the Republicans in the House did not think it a positive turn of events. Votes: Bill Summary & Status - 110th Congress (2007 - 2008) - H.R.6 - THOMAS (Library of Congress)


And what does the current Obama proposal to increase CAFE once again bring us from the positive party on the right ?

Once again... the party of No.
 
There are very few "American oil companies" in existence, they have merged with bigger western oil companies. And you do not have a clue how the world oil market works. It was about getting the big Western oil companies back in Iraq for the first time in over 3 decades. And we did!


Mission accomplished as the banner said!!!


Cat speak....American oil companies drilling = BAD! Russian/Chinese + Cuban oil drilling 60 miles off the American coast = perfectly fine.


j-mac
 
Them's the facts. Sorry.
Facts without context are like the emperor without clothes... impressive only to the servile, humorous to the observant, and a reason to seek rational conversation elsewhere for the intelligent.
 
What may be the most recent legislative CAFE action (increasing CAFE standards), the Energy Independence and Security Act of 2007, passed the House with 50% of the voting Republicans voting no while only 2% of the voting Democrats voted no.

It passed the Senate with 15% of the voting Republicans voting no while only 2% of the voting Democrats voted no.

Clearly the Republicans in the House did not think it a positive turn of events. Votes: Bill Summary & Status - 110th Congress (2007 - 2008) - H.R.6 - THOMAS (Library of Congress)


And what does the current Obama proposal to increase CAFE once again bring us from the positive party on the right ?

Once again... the party of No.


Lovin the examples of how progressives want to absolutely trash the existing infrastructure without ANYTHING proven to replace it.


j-mac
 
Facts without context are like the emperor without clothes... impressive only to the servile, humorous to the observant, and a reason to seek rational conversation elsewhere for the intelligent.


Ok, Buh bye now.


j-mac
 
Name a company that was a huge contributor to Obama. BP
Your claim is incorrect. Of course, since you provide no source, we'd expect that.

In 2008 and earlier, BP gave about twice as much to Republicans as they did to Democrats. If you can read a chart, then read all about it: BP: Summary | OpenSecrets
 
Due to the price of fuel doubling, I would say they are making twice the amount on taxes.
:lamo


millionaire_idiot_fail-713308.jpg
 
Cat speak....American oil companies drilling = BAD! Russian/Chinese + Cuban oil drilling 60 miles off the American coast = perfectly fine.


j-mac

That's your strawman.

I've said nothing about America oil companies being bad nor anything about Russian/Chinese/cuban oil drilling.

What I've actually stated and no one has disproved, is there has not been a single year under either party since 1971 when the US produced more oil than it consumes.

And that the big Western oil companies would not be back in Iraq for the first time in over 3 decades without our war on Iraq. They were kicked out when Iraq nationalized its oil.

Mission accomplished!!!!
 
[...] Thousands of busses could be bought and operated in a city for what a simple rail line cost.
Yeah, but then the bus drivers would form a union, and the Republicans would be all pissed off all over again :shrug:
 
That's your strawman.

I've said nothing about America oil companies being bad nor anything about Russian/Chinese/cuban oil drilling.

What I've actually stated and no one has disproved, is there has not been a single year under either party since 1971 when the US produced more oil than it consumes.

And that the big Western oil companies would not be back in Iraq for the first time in over 3 decades without our war on Iraq. They were kicked out when Iraq nationalized its oil.

Mission accomplished!!!!

The irony is that, even now, Iraq's oil production is not back to pre-invasion levels. Thanks, W!
 
Wikipedia said:
About 70% of the construction and maintenance costs of highways in the U.S. are covered through user fees (net of collection costs), primarily fuel taxes collected by the federal government and state and local governments, and to a much lesser extent tolls collected on toll roads and bridges.
So, since we can assume the other 30% comes from the general fund(s), your claim below is wrong:

[...] NO, we all pay for the trains whether we ride on them or not. If you don't drive, you don't pay for highways.

If you don't drive, you do pay (30%). However, most everybody drives, making your point practically pointless.

And even if you didn't drive, part of your bus fare / taxi fare / airplane fare would include the transporters cost of fuel, including fuel taxes, which really means you have no point at all. Even the cost of food includes the fuel tax that was incurred delivering it from the farm to the processing plant to the store. Rather than no point, you seem to have a negative point... quantum theory may be required to determine just how much of a non-point you have presented.

CAUTION: Gravity may be warped due to a temporal shift in the area of Gill's post :shock:
 
What I've actually stated and no one has disproved, is there has not been a single year under either party since 1971 when the US produced more oil than it consumes.

Yes, you are just not honest about the real reasons why that is.

And that the big Western oil companies would not be back in Iraq for the first time in over 3 decades without our war on Iraq. They were kicked out when Iraq nationalized its oil.


Oh get off it...The 'war for oil' meme was debunked long ago...

Mission accomplished!!!!

Not for you yet friend...America is still standing.


j-mac
 
The irony is that, even now, Iraq's oil production is not back to pre-invasion levels. Thanks, W!

Not yet, but the potential is there with exploitation by big oil:

The World's Biggest Oil Reserves

HOUSTON -- "This month Iraq will finalize contracts with the likes of ExxonMobil, Royal Dutch Shell and BP to develop some of its biggest oil fields. These giants are among the world's last remaining pockets of so-called "easy oil." They don't require ultradeep drilling or innovative production techniques, just the application of Big Oil know-how. No wonder the oil companies agreed to develop Iraq's fields without even getting an ownership stake in the fields and collecting as little as $1.15 per barrel recovered.

Given the size of Iraq's undeveloped giants there are no technical reasons why within 10 years the country can't supplant both Iran and Russia to become the world's No. 2 oil producer after Saudi Arabia. No wonder Iraq holds three of the top 10 fields of the future."

The World's Biggest Oil Reserves - Forbes.com
 
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