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Oil rises above $90 amid US crude supply drop

ptif219 said:
You don't understand how that will affect the transportation industry and the added cost to transportation will be passed on to the consumer.
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Why don't you explain it to us all.?...?
 
UtahBill said:
You think I don't understand? Maybe it is you who doesn't understand. I have been paying income and use taxes since 1963. Taxes are inevitable, services have to be provided, and the tooth fairly ran out of money decades ago. WE have to pay, because WE use the services....
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So consumers that are already cash strapped be damned. Typical liberal thinking
 
ptif219 said:
Whats to explain. The cost of transportation goes up so that cost is added to the selling price
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What about substitution effects (price elasticities), externalities, and infant industry developement? Given the indepthness of your response, why did you even bother?
 
ptif219 said:
So consumers that are already cash strapped be damned. Typical liberal thinking
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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...
 
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Goldenboy219 said:
What about substitution effects (price elasticities), externalities, and infant industry developement? Given the indepthness of your response, why did you even bother?
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What about them? you taking econ 101 or something? If so, explain it for us poor ignorant country folk....:2razz:

more sarcasm....
 
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Goldenboy219 said:
What about substitution effects (price elasticities), externalities, and infant industry developement? Given the indepthness of your response, why did you even bother?
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Transportation cost increases and that is added to the selling price. You think the company will absorb the increased costs?
 
UtahBill said:
What about them? you taking econ 101 or something? If so, explain it for us poor ignorant country folk....:2razz:

more sarcasm....
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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 :D
 
ptif219 said:
Transportation cost increases and that is added to the selling price. You think the company will absorb the increased costs?
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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....
 
Goldenboy219 said:
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 :D
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There are certainly some changes occurring in our lives, and we will have to adapt, like it or not.
 
Goldenboy219 said:
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 :D
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Another government generated bubble. That's just what we need.

If green automobiles are such a great idea, why not let the market decide?
 
UtahBill said:
There are certainly some changes occurring in our lives, and we will have to adapt, like it or not.
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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?
 
apdst said:
Another government generated bubble. That's just what we need.

If green automobiles are such a great idea, why not let the market decide?
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The market has decided, haven't you got the memo? Once gasoline eclipses $4, the chatter will begin once again.
 
Goldenboy219 said:
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 :D
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Taxes will not do that. They will burden the poor and middle class and cause the cost of every product to increase
 
Goldenboy219 said:
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 :D
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Taxes will not do that. They will burden the poor and middle class and cause the cost of every product to increase
 
UtahBill said:
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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Thats right raise taxes and screw the people. That should help Obamma and the democrats get elected.
 
ptif219 said:
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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You have not considered (much less identified) substitutes. Tell me you have more faith in American ingenuity!
 
Goldenboy219 said:
You have not considered (much less identified) substitutes. Tell me you have more faith in American ingenuity!
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You mean like ethanol that is bad for motors, lowers MPG and makes a engine run less efficient and lowers perfomance?
 
ptif219 said:
Bring it on. I already pay $3.50 a gallon for ethanol free gas
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Do you deny that higher fuel costs make alternatives (substitution) more viable?
 
Goldenboy219 said:
Do you deny that higher fuel costs make alternatives (substitution) more viable?
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How so. Alternatives are not cost effective and will not be cheaper. Electric cars and hybrids aren't a big selling item so what else will be.
 
ptif219 said:
You mean like ethanol that is bad for motors, lowers MPG and makes a engine run less efficient and lowers perfomance?
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Why even bother responding? Ethonal, as it is, cannot be a viable alternative (which is why i did not highlight Archer Daniels Midland in my list of 3). Care to respond to my posts instead of making up things to respond to....?
 
Goldenboy219 said:
Why even bother responding? Ethonal, as it is, cannot be a viable alternative (which is why i did not highlight Archer Daniels Midland in my list of 3). Care to respond to my posts instead of making up things to respond to....?
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What alternative is there that will be cheaper? I don't care I will pay the price to run ethanol free. I am not giving anything up and what will my boss run in my big truck that will save him money and not hurt his truck?
 
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