UncleBuck
Well-Known Member
there ya go, gas prices drop violently in lockstep with the recession.
now go ahead and just try to cite your claims there, sistah.
Gas Price Debate
- Thread starter Balzac89
- Start date
there ya go, gas prices drop violently in lockstep with the recession.
now go ahead and just try to cite your claims there, sistah.
there ya go, gas prices drop violently in lockstep with the recession.
now go ahead and just try to cite your claims there, sistah.
LMAO I asked you to cite proof that gas prices dropped BECAUSE of the plunging economy, not when!
Dude, you fucking stoned or what, now get to citing!
UncleBuck
Well-Known Member
yes, gas just dropped suddenly completely independent of the recession.
and you're unable to provide citation whatsoever for your theory.
it would be more productive to converse with a mentally handicapped wombat.
superstoner1
Well-Known Member
gas has dropped 51¢ in the past 14-17 days here. i paid $3.01 today.
NLXSK1
Well-Known Member
So, based on Obama's own words the economy must be tanking again... Since, when the price was so cheap the economy was fucked...
Damn it NL, ya beat me to it! LOL
FlowerPower!
New Member
I don't know much about y'alls fancy graphs and shit, but I just want my gas to be cheaper, man! It costs too damn much to opperate my motherfucking car today! It is a bitch and i gots to hustle my ass off for a dollar and some shoes for my baby! Oh Lord!
Balzac89
Well-Known Member
The DOW dropped 240 points the other day.
Balzac89
Well-Known Member
I don't know much about y'alls fancy graphs and shit, but I just want my gas to be cheaper, man! It costs too damn much to opperate my motherfucking car today! It is a bitch and i gots to hustle my ass off for a dollar and some shoes for my baby! Oh Lord!
Rep for the average American
FlowerPower!
New Member
thanks for tha +Rep! 420!
ginwilly
Well-Known Member
If you look at historical data any time we've had a gas price increase over 80% it's knocked us into a recession. Not the other way around.
Speculators are responsible for oil prices not the president. But, and this is an important but, if you were a speculator would you bid prices up or down based on present anti-fossil fuel policies. So yes, the political climate is indirectly responsible for oil prices.
Take off your biased glasses and put yourself in the shoes of speculators, which president would you expect gas to be higher or lower with based on what they've said.
This is where Obama's lack of economic understanding is so disheartening. He says we need to increase our exports to compete globally (agree, of course) but then he says we don't need to increase oil output in this country because we already are exporting gas to other countries. (do huh?). You can argue against increasing production based on environmental reasoning but arguing based on economic reasons shows complete lack of understanding.
Speculators are responsible for oil prices not the president. But, and this is an important but, if you were a speculator would you bid prices up or down based on present anti-fossil fuel policies. So yes, the political climate is indirectly responsible for oil prices.
Take off your biased glasses and put yourself in the shoes of speculators, which president would you expect gas to be higher or lower with based on what they've said.
This is where Obama's lack of economic understanding is so disheartening. He says we need to increase our exports to compete globally (agree, of course) but then he says we don't need to increase oil output in this country because we already are exporting gas to other countries. (do huh?). You can argue against increasing production based on environmental reasoning but arguing based on economic reasons shows complete lack of understanding.
tumorhead
Well-Known Member
What makes you think more drilling = more oil sold to America? They sell the shit to europe or wherever they get the highest price for investors.
When gas gets to $10/gal or more, shipping materials to china and back as shitty products won't be as economically viable compared with making the shit here and transporting locally. Creating jobs...
When gas gets to $10/gal or more, shipping materials to china and back as shitty products won't be as economically viable compared with making the shit here and transporting locally. Creating jobs...
ginwilly
Well-Known Member
What is wrong with us exporting gas or oil? Isn't exportation how we compete globally? Isn't the trade imbalance with China a serious economic issue? Why is it cool to export widgets but not fossil fuel?
We practiced protectionism/nationalism with our car companies for decades and it allowed our technology and quality to get lapped by the rest of the world. It's not a viable option in a global economy anymore.
tumorhead
Well-Known Member
Well you can blame transporting bullshit for raising "demand" and price of gas more than any other factor.
^^ is why gas went down in 2008, because people stopped buying shit and they didn't need to move as much product. Tankers burn 200-400 tons of fuel per day, less if they move slower, which they've been doing.
Sure we should just open up all our resources and sell them off to other countries. What the fuck? We should either save our reserves or sell them to ourselves, but why should we be selling limited resources to other countries so private business can make a profit???? For real?? I vote to not open up new territory to drilling. Some day we'll need it more than today.
Buying shit from walmart raises the price of gas more than who's president. Creating turmoil in the middle east only exacerbates the problem.
We led the world before we had highways and walmarts. Everything has gone downhill over the past 60 years.....as globalization accelerates.
ginwilly
Well-Known Member
Please explain how increasing supply increases demand and drives prices up?
OPEC had increased supplies leading up to the crash. The crash was globally and worldwide production took a huge hit. Decreased demand plus increased supply caused prices to drop drastically. That's how things work (for the most part, we have to realize OPEC doesn't play fair). Gas prices leading up to the crash was artificially raised by OPEC maneuvers so it was a combination of factors, the shitty economy definitely playing a role.
Based on technology of the 70's we are running out of oil, based on technology of today we have 100's of years worth under our own country, based on tomorrow's technology who knows?
I remember Walmart used to have a motto of made in the USA, that didn't last long. I agree Middle East unrest is a factor. Supply and demand again.
GM unveiled the new vette engine. Entry level model pushes 450HP and torque and gets 26mpg. If we put our money into R & D instead of giving our favorite companies money to build on their present technology we all win.
NLXSK1
Well-Known Member
Oil and gas are sold to the highest buyer just like other products. Also, there is not just one type of oil but many types good for different things.
If we produced more oil the oil here in America would be cheaper. Which means we would end up paying less even if our oil was exported and other cheaper oil was imported.
There is no good reason to try to limit production in America while trying to claim we are attempting to become energy independent.
cannabineer
Ursus marijanus
A counterargument might be "use less now; have more later". This however gets undercut by other big players, notably the Asian communities, who'd gladly buy up the excess right now, meaning we get had both ways: less now but no more later. We're playing the Prisoner's Dilemma with "defectors", and "use it up first!" is a classical way of winning by losing. ~disgust~ cn
NLXSK1
Well-Known Member
The argument to that whole argument is that if we are in the process of developing energy sources that do not use oil and gas, what are we saving it for anyway?
cannabineer
Ursus marijanus
It's the "if" ... I do not see us actively developing other energy sources. Fission and fusion research are given disastrously low priorities. We're on the coal train once the oil stops gushing. Pffff. cn
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