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Thread: Oil rises above $90 amid US crude supply drop

  1. #81
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by ptif219 View Post
    So consumers that are already cash strapped be damned. Typical liberal thinking
    I am sure that you can explain how paying actual costs to produce and deliver a product, plus a little profit, is liberal thinking?
    Or do you want to subsidize fuel costs? How is that conservative?
    And since when does a "very conservative" poster care about the "poor"? You know, those who are sucking the unemployment teat, the welfare teat, etc.
    Today we subsidize fuel costs so the poor won't have to pay a little more for food, tomorrow we subsidize their health care. Are you sure you are a conservative?
    Somebody step on your flipflops today?

    That was sarcasm, in case someone missed the meaning between the lines...
    Last edited by UtahBill; 12-30-10 at 12:41 AM.
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Goldenboy219 View Post
    What about substitution effects (price elasticities), externalities, and infant industry developement? Given the indepthness of your response, why did you even bother?
    What about them? you taking econ 101 or something? If so, explain it for us poor ignorant country folk....

    more sarcasm....
    Last edited by UtahBill; 12-30-10 at 12:45 AM.
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Goldenboy219 View Post
    What about substitution effects (price elasticities), externalities, and infant industry developement? Given the indepthness of your response, why did you even bother?
    Transportation cost increases and that is added to the selling price. You think the company will absorb the increased costs?

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by UtahBill View Post
    What about them? you taking econ 101 or something? If so, explain it for us poor ignorant country folk....

    more sarcasm....
    Econ 101? Not sure it goes that.... errr far.

    But in all seriousness, increasing the cost of gasoline via pigouvian taxation will force various substitutes to come to market. Electric cars, bio-diesel, and a greater demand for public transportation are just a few.

    Increases in viable substitutes can be a deterant for exhaust emissions that cause respiratory sickness and poor air quality. Less of a dependence on fossil fuels will undoubtedly reduce such occurrences.

    Bright Automotive Tesla Motors OM Group just to name a few. Tesla made me quite a bit of money recently
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by ptif219 View Post
    Transportation cost increases and that is added to the selling price. You think the company will absorb the increased costs?
    First part of your post is the normally expected thing, make the customer pay the added costs. Any company that tries to absorb such costs better have a lot of cash on hand.
    Cash strapped customers, tho, is a different issue. They will just have to do without some non-essentials....
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Goldenboy219 View Post
    Econ 101? Not sure it goes that.... errr far.

    But in all seriousness, increasing the cost of gasoline via pigouvian taxation will force various substitutes to come to market. Electric cars, bio-diesel, and a greater demand for public transportation are just a few.

    Increases in viable substitutes can be a deterant for exhaust emissions that cause respiratory sickness and poor air quality. Less of a dependence on fossil fuels will undoubtedly reduce such occurrences.

    Bright Automotive Tesla Motors OM Group just to name a few. Tesla made me quite a bit of money recently
    There are certainly some changes occurring in our lives, and we will have to adapt, like it or not.
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Goldenboy219 View Post
    Econ 101? Not sure it goes that.... errr far.

    But in all seriousness, increasing the cost of gasoline via pigouvian taxation will force various substitutes to come to market. Electric cars, bio-diesel, and a greater demand for public transportation are just a few.

    Increases in viable substitutes can be a deterant for exhaust emissions that cause respiratory sickness and poor air quality. Less of a dependence on fossil fuels will undoubtedly reduce such occurrences.

    Bright Automotive Tesla Motors OM Group just to name a few. Tesla made me quite a bit of money recently
    Another government generated bubble. That's just what we need.

    If green automobiles are such a great idea, why not let the market decide?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by UtahBill View Post
    There are certainly some changes occurring in our lives, and we will have to adapt, like it or not.
    I am not against increasing petro taxes, but a strong system and infrastructure needs to first be in place to transition the portable energy market (which partially includes transportation).

    So..... Would a viable mass transit system benefit increased cost of fuels?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by apdst View Post
    Another government generated bubble. That's just what we need.

    If green automobiles are such a great idea, why not let the market decide?
    The market has decided, haven't you got the memo? Once gasoline eclipses $4, the chatter will begin once again.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Goldenboy219 View Post
    Econ 101? Not sure it goes that.... errr far.

    But in all seriousness, increasing the cost of gasoline via pigouvian taxation will force various substitutes to come to market. Electric cars, bio-diesel, and a greater demand for public transportation are just a few.

    Increases in viable substitutes can be a deterant for exhaust emissions that cause respiratory sickness and poor air quality. Less of a dependence on fossil fuels will undoubtedly reduce such occurrences.

    Bright Automotive Tesla Motors OM Group just to name a few. Tesla made me quite a bit of money recently
    Taxes will not do that. They will burden the poor and middle class and cause the cost of every product to increase

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