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Thread: Wal-Mart: Our shoppers are 'running out of money'

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by Deuce View Post
    He means more like the independence to be able to just walk to the driveway, get in, and go, whenever and wherever you please. No schedule or route to follow.
    I know, but that kind of independence has come at great cost to others...
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by UtahBill View Post
    what independence?
    of movement. for example, i can decide - on a whim - to drive my car through a starbucks, or swing by the piggly wiggly on my way back home and pick up some steaks for dinner. with a bus i can accomplish neither of these things.

    As long as we are DEPENDENT on others for our energy, we cannot say we have "independence"....
    well that's about as much sense as saying as long as we are dependent on Italy for fine ladies shoes we aren't independent, either. but i agree with the sentiment that we should be tapping our own natural resources - we have the largest reserves in the world and we are idiots for not drilling.

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by cpwill View Post
    . but i agree with the sentiment that we should be tapping our own natural resources - we have the largest reserves in the world and we are idiots for not drilling.
    We?
    Since when did "we" own the oil in this country? US oil companies have no excess drilling capacity. All rigs are drilling or spoken for. There are hundreds of millions of leased acres that are sitting idle by choice of oil companies. There are 11 refineries sitting idle so don't expect "we" to build any more refineries either. The fact is it benefits oil companies to keep supplies tight. They hate surpluses. You guys really should learn about supply and demand.
    Last edited by Dirty Harry; 05-06-11 at 10:42 AM.

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by cpwill View Post
    of movement. for example, i can decide - on a whim - to drive my car through a starbucks, or swing by the piggly wiggly on my way back home and pick up some steaks for dinner. with a bus i can accomplish neither of these things.



    well that's about as much sense as saying as long as we are dependent on Italy for fine ladies shoes we aren't independent, either. but i agree with the sentiment that we should be tapping our own natural resources - we have the largest reserves in the world and we are idiots for not drilling.
    Those reserves you are talking about, do they include the oil that is hard/expensive to get to, extract, refine?
    Shale oil, is that in those reserves? Tar sands?
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by Dirty Harry View Post
    We?
    Since when did "we" own the oil in this country? US oil companies have no excess drilling capacity. All rigs are drilling or spoken for. There are hundreds of millions of leased acres that are sitting idle by choice of oil companies. There are 11 refineries sitting idle so don't expect "we" to build any more refineries either. The fact is it benefits oil companies to keep supplies tight. They hate surpluses. You guys really should learn about supply and demand.
    Link to idled refineries? I haven't heard about that. But it makes sense, if we have excess refining capacity, fixed storage capacity, and congress is increasing CAFE standards, the last thing we need is more oil entering the "pipeline"....
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by UtahBill View Post
    Link to idled refineries? I haven't heard about that. But it makes sense, if we have excess refining capacity, fixed storage capacity, and congress is increasing CAFE standards, the last thing we need is more oil entering the "pipeline"....
    Number of Idle Refineries

    One would think the Oil companies would fire up all those idle refineries up, drill in every available spot and create a huge surplus to drive prices back down to 99 cents a gallon. After all they are in business to supply us with cheap, abundant energy, not maximize profits.
    Last edited by Dirty Harry; 05-06-11 at 03:45 PM.

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by Dirty Harry View Post
    Number of Idle Refineries

    One would think the Oil companies would fire up all those idle refineries up, drill in every available spot and create a huge surplus to drive prices back down to 99 cents a gallon. After all they are in business to supply us with cheap, abundant energy, not maximize profits.

    Sarcasm, right? you wouldn't pull my leg, would you?
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by Dirty Harry View Post
    Number of Idle Refineries

    One would think the Oil companies would fire up all those idle refineries up, drill in every available spot and create a huge surplus to drive prices back down to 99 cents a gallon. After all they are in business to supply us with cheap, abundant energy, not maximize profits.
    Gas prices are a combination of the lack refining capacity and the devaluation of the US dollar. According to The Inflation Calculator:

    What cost $4.00 in 1800 would cost $50.61 in 2010.

    Also, if you were to buy exactly the same products in 2010 and 1800,
    they would cost you $4.00 and $0.32 respectively.
    The devaluation of the dollar has just as much or more to do with the actual price per gallon then any other factor.

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    vote obama, 2012!

    your independence comes at great cost to others!

    seeya at the polls, pals

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by Dirty Harry View Post
    We?
    Since when did "we" own the oil in this country? US oil companies have no excess drilling capacity. All rigs are drilling or spoken for. There are hundreds of millions of leased acres that are sitting idle by choice of oil companies. There are 11 refineries sitting idle so don't expect "we" to build any more refineries either. The fact is it benefits oil companies to keep supplies tight. They hate surpluses. You guys really should learn about supply and demand.
    oil companies care about one thing: PROFITS. open up those area's to drilling and watch them fight each other to be the first to it.

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