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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 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.

    one would think that. but one would only think that if one thought that we were taping our own oil. instead the boy president has decided he doesn't like the icky, gunky stuff, and so instead we are pouring money into unicorns and windmills.


    incidentally, love the way Catawaba "liked" your post
    Last edited by cpwill; 05-06-11 at 06:05 PM.

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

    Quote Originally Posted by UtahBill View Post
    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?
    shale oil is part of it - but it's becoming cheaper and easier by the day. the oil in alaska is also a small part - but the biggest and quickest pile of accessible free money is off the coast of cali and in the shallower waters of the gulf.

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

    Quote Originally Posted by UtahBill View Post
    I know, but that kind of independence has come at great cost to others...
    Getting in your own car, driving to your destination on your own schedule and at your own pace is just one small thing that's so great about this country.
    Catawa is my favorite bleeding heart liberal.
    1/27/12

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

    Quote Originally Posted by Jetboogieman View Post
    Drilling in the gulf or ANWR ain't gonna bring the price of gas down.
    It couldn't hurt. besides do you really like it that we buy so much from our enemies? Isn't there some way we could keep more of that money here? Also, just think of the jobs, and the energy independence. People have got to be laughing at us for not using our own resources.
    Catawa is my favorite bleeding heart liberal.
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by mbig View Post
    And I hope you and cpwill, and other conservatives who dared not even be in this string (wisely), Realize what this says about Your plans to introduce either a higher income tax rate/Flat tax on the middle/poor, or a consumption/sales tax.

    These Tens of millions of Walmart Consumers can't even pay for a 20% increase in the price of Gasoline without it cutting into Walmart/inexpensive needs shopping.

    So putting a 25%-50% sales tax on ALL Goods, including Gas, would be Untenable.
    A poverty inducer as well as economy destroyer.
    You forgot about the pre-bate. They won't pay anything unless they exceed the poverty line. Also, taxes on new items only. No taxes on used things like cars, furniture, clothes, appliances, lawn mowers, bikes. The poor will make out like bandits, while drug dealers, tax cheats/avoiders, illegal immigrants will all start paying taxes finally. Everytime they buy something.
    Catawa is my favorite bleeding heart liberal.
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by cpwill View Post
    one would think that. but one would only think that if one thought that we were taping our own oil. instead the boy president has decided he doesn't like the icky, gunky stuff, and so instead we are pouring money into unicorns and windmills.


    incidentally, love the way Catawaba "liked" your post
    Do you honestly believe US oil companies are not tapping oil in the US? There you go using "we" again. Oil is a global market and prices are set accordingly. Hell, Canada exports a substantial amount of their oil yet their gas prices are higher than ours. What's that tell you?

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

    Quote Originally Posted by Barbbtx View Post
    It couldn't hurt. besides do you really like it that we buy so much from our enemies? Isn't there some way we could keep more of that money here? Also, just think of the jobs, and the energy independence. People have got to be laughing at us for not using our own resources.
    Do you know how much oil reserves the US has?

    https://www.cia.gov/library/publicat.../2178rank.html

    People are laughing at you nimrods for believing the US can drill it's way to lower gas prices.
    Last edited by Dirty Harry; 05-07-11 at 01:33 PM.

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

    i love how you discount shale, too.

    USGS worked with the North Dakota Geological Survey, a number of petroleum industry companies and independent, universities and other experts to develop a geological understanding of the Bakken Formation. These groups provided critical information for models used in the assessment...

    James Bartis, leading researcher with the study, says America has more oil in this one compact area than the entire Middle East. And the stunning news is that we have more oil inside our borders than all the other proven reserves on Earth, and that it could be extracted at an approximate cost to Americans of only $16 a barrel...

    golly gee willickers, wonder why we're not doing that. I wonder if it has anything to do with the econuts splitting their heads in banshee screams every time someone suggests increased US drilling?

    Quote Originally Posted by Dirty Harry
    Do you honestly believe US oil companies are not tapping oil in the US?
    that is correct - the US and State Governments keep them from tapping more than an exceedingly small percentage of our available reserves. we push people in the gulf out to ridiculous distances, we shut down the west coast, we shut down ANWR, we over-regulate we delay, and we high-cost drilling elsewhere.

    There you go using "we" again
    yes. we are a representative government , after all, though here it's pretty solidly polled that our government isn't following public opinion. seven in ten Americans favor increased offshore oil drilling.

    Oil is a global market and prices are set accordingly
    this is true.

    Hell, Canada exports a substantial amount of their oil yet their gas prices are higher than ours.
    now that is interesting. But I thought you just said that prices were set globally? what are their gasoline tax rates and regulatory burden?
    Last edited by cpwill; 05-07-11 at 02:26 PM.

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

    Quote Originally Posted by Barbbtx View Post
    Getting in your own car, driving to your destination on your own schedule and at your own pace is just one small thing that's so great about this country.
    no matter the cost to others? our addiction to oil has cost the lives of many service men and women....
    The LEAST we can do is stop buying oil from the middle east...
    Oracle of Utah
    Truth rings hollow in empty heads.

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

    Quote Originally Posted by cpwill View Post
    shale oil is part of it - but it's becoming cheaper and easier by the day. the oil in alaska is also a small part - but the biggest and quickest pile of accessible free money is off the coast of cali and in the shallower waters of the gulf.
    cheaper and easier by the day? gotta see a link or 2 on that, if you don't mind....
    Oracle of Utah
    Truth rings hollow in empty heads.

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