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Thread: high gas prices

  1. #11
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    [quote=Franco;754541]
    Quote Originally Posted by Roger Perry View Post

    And, if a war breaks out and oil is held up, where do you propose to get OUR oil from?

    You just made my point!

    If oil can't be imported and the Gulf Of Mexico is being severly limited in production, a gasoline crisis in the USA can be directly linked to the Obama Administration!
    The U.S. was never self sufficent on the amount of oil we produced under any U.S. President and we never will. We import approximately 66% of the oil we use.

  2. #12
    Senior Member Ken Bora's Avatar
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    Guys,
    Say for example I make Pure Vermont Maple Syrup. (and I do)
    And Ahab the Arab (Ray Stevens 1962) makes another type of Syrup.
    And then say for example the government prevents me from drilling
    Holes in my trees. Limiting my production capability. I will charge as
    Much as I am able so I can make all the $$$ that I can with the limited holes
    I am allowed to use. Ahab will closely monitor the price I am getting.
    He will then charge just the same +/- a few cents because he wants to
    Make the same $$$ I am. If I am able to drill as many holes as I want
    or can handle in my personal operation. I will have more product and will
    lower my price so I may sell it all. Ahab will see that and lower his price.
    If he does not everyone will buy from me and he will be unable to buy
    His child that new camel he wants. It is so simple a tree hugger can
    Figger it out.




    .
    "So what is big is not always the Trout nor the Deer but the chance, the being there. And what is full is not necessarily the creel nor the freezer, but the memory." ~ Aldo Leopold

    "The Greatest Obstacle to Discovery is not Ignorance -- It is the Illusion of Knowledge" ~ Daniel Boorstin

  3. #13
    Senior Member Franco's Avatar
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    [quote=Roger Perry;754926]
    Quote Originally Posted by Franco View Post

    The U.S. was never self sufficent on the amount of oil we produced under any U.S. President and we never will. We import approximately 66% of the oil we use.
    That is an old figure. In the last year, oil production in the gulf has been cut by more than 60%. We are now importing more than 80% of our oil!
    It's such a shame that in the USA, defending Liberty has become such a heroic deed.

  4. #14
    Senior Member Goose's Avatar
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    It's a great day to be importing so much of our oil from the middle east with Muammar Gaddafi killing Libyans left and right. Crude is up, Brent is up, gold is up, silver is up and nobody over there can buy groceries because all we know how to do is print money and further the genocide. I guess it's no big deal...who needs Libyans anyway, right? I can't wait for $5 gas and $10 bread. I'm sure Muammar Obama and Muammar Salazar won't let that happen and will finally decide that what's best for this country is to drill for our very own oil on both coasts, Alaska and the Gulf of Mexico. Maybe they'll throw in nat gas, nuke energy and coal, too.

    We live in Cuba now.

  5. #15
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    Quote Originally Posted by Ken Bora View Post
    Guys,
    Say for example I make Pure Vermont Maple Syrup. (and I do)
    And Ahab the Arab (Ray Stevens 1962) makes another type of Syrup.
    And then say for example the government prevents me from drilling
    Holes in my trees. Limiting my production capability. I will charge as
    Much as I am able so I can make all the $$$ that I can with the limited holes
    I am allowed to use. Ahab will closely monitor the price I am getting.
    He will then charge just the same +/- a few cents because he wants to
    Make the same $$$ I am. If I am able to drill as many holes as I want
    or can handle in my personal operation. I will have more product and will
    lower my price so I may sell it all. Ahab will see that and lower his price.
    If he does not everyone will buy from me and he will be unable to buy
    His child that new camel he wants. It is so simple a tree hugger can
    Figger it out.




    .
    You know that analogy makes waaaay too much sense for this place. What are you thinking?

  6. #16
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    Quote Originally Posted by Ken Bora View Post
    Guys,
    Say for example I make Pure Vermont Maple Syrup. (and I do)
    And Ahab the Arab (Ray Stevens 1962) makes another type of Syrup.
    And then say for example the government prevents me from drilling
    Holes in my trees. Limiting my production capability. I will charge as
    Much as I am able so I can make all the $$$ that I can with the limited holes
    I am allowed to use. Ahab will closely monitor the price I am getting.
    He will then charge just the same +/- a few cents because he wants to
    Make the same $$$ I am. If I am able to drill as many holes as I want
    or can handle in my personal operation. I will have more product and will
    lower my price so I may sell it all. Ahab will see that and lower his price.
    If he does not everyone will buy from me and he will be unable to buy
    His child that new camel he wants. It is so simple a tree hugger can
    Figger it out.




    .
    I don't see the oil companies here charging less for a barrel of oil they produce here even though the cost of transporting the oil to refineries here costs alot less than importing it on tankers from the middle east or Venezuela.

    The only thing the oil companies here want is to make the most money they can and not cut their profits by lowering their price they get paid for a barrel of oil even if they could produce more.

    Have you seen the profits these oil companies make?

  7. #17
    Senior Member sinner's Avatar
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    From The Spectulators: Greed!
    This is what he was all about!:
    Vinny last hunting year
    53 pheasants in South Dakota 200 + ducks in Idaho
    Lasting memories Vinny was 13+ years old!

  8. #18
    Senior Member huntinman's Avatar
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    Drill Baby Drill.... Drill Here, Drill Now... Come on Roger, you can say it
    Bill Davis

  9. #19
    Senior Member starjack's Avatar
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    Quote Originally Posted by Roger Perry View Post
    I don't see the oil companies here charging less for a barrel of oil they produce here even though the cost of transporting the oil to refineries here costs alot less than importing it on tankers from the middle east or Venezuela.

    The only thing the oil companies here want is to make the most money they can and not cut their profits by lowering their price they get paid for a barrel of oil even if they could produce more.

    Have you seen the profits these oil companies make?
    Rog i almost agree withyou But there are little things called regulation we have to deal with. Also like Ken said we only have so many hole we have to charge the same. BTW I will gladly pay the same from our country than give it to the middle east.

  10. #20
    Senior Member sandyg's Avatar
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    Quote Originally Posted by Roger Perry View Post
    I don't see the oil companies here charging less for a barrel of oil they produce here even though the cost of transporting the oil to refineries here costs alot less than importing it on tankers from the middle east or Venezuela.

    The only thing the oil companies here want is to make the most money they can and not cut their profits by lowering their price they get paid for a barrel of oil even if they could produce more.

    Have you seen the profits these oil companies make?
    1. The price of crude doesn't include shipping and handling.
    2. Crude is a fungible commodity. Oil companies don't need to cut their price to sell more. What's still in the ground is only going up in value.
    3. Profit is relative. Looking at it as a percentage of sales it's not excessive.

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