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Thread: high gas prices

  1. #91
    Senior Member Franco's Avatar
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    Oil is priced and sold on the world market.

    Most of the major oil companies' prefered stock is owned by the Saudis. Why would they sell for less than the market price? Should they feel sorry for us because we have no energy policy?

    What is the Dept of Energy doing? Here is a hint; NOTHING. Yet, how many billions in Tax Payer money to we spend to keep that useless department running?
    It's such a shame that in the USA, defending Liberty has become such a heroic deed.

  2. #92
    Senior Member huntinman's Avatar
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    Quote Originally Posted by Franco View Post
    Oil is priced and sold on the world market.

    Most of the major oil companies' prefered stock is owned by the Saudis. Why would they sell for less than the market price? Should they feel sorry for us because we have no energy policy?

    What is the Dept of Energy doing? Here is a hint; NOTHING. Yet, how many billions in Tax Payer money to we spend to keep that useless department running?
    Amen .
    Bill Davis

  3. #93
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    Quote Originally Posted by Franco View Post
    Oil is priced and sold on the world market.

    Most of the major oil companies' prefered stock is owned by the Saudis. Why would they sell for less than the market price? Should they feel sorry for us because we have no energy policy?

    What is the Dept of Energy doing? Here is a hint; NOTHING. Yet, how many billions in Tax Payer money to we spend to keep that useless department running?
    The price of producing a barrel of oil has not increased from when oil was selling for $40 a barrel to what it is selling for now. The increase in price is pure profit and the oil companies still get tax breaks from the U.S. Government.

    The U.S. gets most of its oil imports from Canada and Mexico. What do you think OPEC would do if the U.S., Canada and Mexico suddenly dropped the price of their oil to $40 a barrel for a couple of months?????? Do you think the OPEC countries would also lower their prices??????????? Set the speculators sitting behind a desk lose ther butts and maybe they would think twice about letting the price of oil get so high.

    Just think what would happen if gasoline got back to $1.20 a gallon. Food prices would drop because the price of harvesting and delivery would go down. People would have more money in their pockets to spend because most of their money would not have to go towards gasoline to get to and from work. Industries could charge less for their products because energy prices would go down. Just think of all the possible savings the American people would have.
    Last edited by Roger Perry; 04-14-2011 at 09:38 AM.

  4. #94
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    Quote Originally Posted by huntinman View Post
    Maybe realtors should reduce the commission on the homes they sell. Some think it is too high. Why don't you get your Broker to cut commissions in half to make people feel better?
    In Florida (and in other states as well), individual Brokers set the rates they charge for their services or what the brokers think their services are worth. To have every broker charge the same rates would be colusion and is illegal in the state of Florida. The person they are representing can choose for themselves if they want to employ that broker or shop around to see if they can get a better rate.

  5. #95
    Senior Member huntinman's Avatar
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    Quote Originally Posted by Roger Perry View Post
    In Florida (and in other states as well), individual Brokers set the rates they charge for their services or what the brokers think their services are worth. To have every broker charge the same rates would be colusion and is illegal in the state of Florida. The person they are representing can choose for themselves if they want to employ that broker or shop around to see if they can get a better rate.
    No kidding In other words the market sets the rate. Imagine that. It would only be collusion if there was proof that the brokers got together to determine the rate...ergo collude
    Last edited by huntinman; 04-14-2011 at 10:42 AM.
    Bill Davis

  6. #96
    Senior Member M&K's Retrievers's Avatar
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    Quote Originally Posted by huntinman View Post
    No kidding In other words the market sets the rate. Imagine that.
    Can't speak for Florida, but in Texas and Oklahoma, residential commission is 6% unless negotiated down. I thought it was that way everywhere.
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  7. #97
    Senior Member luvmylabs23139's Avatar
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    Quote Originally Posted by M&K's Retrievers View Post
    Can't speak for Florida, but in Texas and Oklahoma, residential commission is 6% unless negotiated down. I thought it was that way everywhere.

    Same with CT, NC, and VA.
    Hihope Hiland Heathen of Perth CD, RE, CGC, TDI

  8. #98
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    Quote Originally Posted by huntinman View Post
    No kidding In other words the market sets the rate. Imagine that. It would only be collusion if there was proof that the brokers got together to determine the rate...ergo collude
    No, the market does not set the rates. The broker sets the rates.

  9. #99
    Senior Member M&K's Retrievers's Avatar
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    Quote Originally Posted by Roger Perry View Post
    No, the market does not set the rates. The broker sets the rates.
    Are you saying that in Florida you (agent) can charge as much as you want in commission as long as you can find someone to go for it?
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  10. #100
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    Quote Originally Posted by M&K's Retrievers View Post
    Can't speak for Florida, but in Texas and Oklahoma, residential commission is 6% unless negotiated down. I thought it was that way everywhere.
    That is what I said. Because of anti-trust issues, Realtors do not have a "set" commission rate. One can ask if they can get a less commission rate but utimately it up to the broker to decide if he/she will take a lesser commission. If I were asked by a client if I could lower the commission and I said no because that is the going rate, I could lose my license.
    Last edited by Roger Perry; 04-14-2011 at 12:01 PM.

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