Oil company profits per gallon.....

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http://chat.anncoulter.com/phpBB2/viewtopic.php?t=58981

About 25 cents, as the article notes.

What we're paying for at the pump is basically two or three kinds of things, i.e. taxes, the leftist refusal to allow us to drill for oil or build refineries over the last 40 years, and the world price of oil which is driven somewhat by speculation by also by the rising economies of places like China and India.

Obviously however, if we'd resolved the leftist problem ten or twelve years ago, the question of the world price of oil would not affect us.

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Re: Oil company profits per gallon.....

gungasnake wrote:

http://chat.anncoulter.com/phpBB2/viewtopic.php?t=58981]
the leftist refusal to allow us to drill for oil or build refineries over the last 40 years......

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Re: Oil company profits per gallon.....

gungasnake wrote:

http://chat.anncoulter.com/phpBB2/viewtopic.php?t=58981

About 25 cents, as the article notes.

What we're paying for at the pump is basically two or three kinds of things, i.e. taxes, the leftist refusal to allow us to drill for oil or build refineries over the last 40 years, and the world price of oil which is driven somewhat by speculation by also by the rising economies of places like China and India.

Obviously however, if we'd resolved the leftist problem ten or twelve years ago, the question of the world price of oil would not affect us.

Bunk!!!! Drilling for more Oil is not a long term answer. This govt and the oil companies have known this for over 30 years.

Apparently, we have stupid people running our oil companies and auto manufactureing companies.

For 30 years, these "stupid people" can not build a car that we can sell that gets 40 MPG.

For 30 years, these "stupid people" can not figure out how to harness wind, nuclear or other fuel source.

So our stupid people in Govt will raise taxes at the pump and give tax breaks to these "stupid people" while the taxpayer is stiffed.

Hmmmm. Who really are the stupid one?

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Re: Oil company profits per gallon.....

woiyo wrote:

gungasnake wrote:
http://chat.anncoulter.com/phpBB2/viewtopic.php?t=58981

About 25 cents, as the article notes.

What we're paying for at the pump is basically two or three kinds of things, i.e. taxes, the leftist refusal to allow us to drill for oil or build refineries over the last 40 years, and the world price of oil which is driven somewhat by speculation by also by the rising economies of places like China and India.

Obviously however, if we'd resolved the leftist problem ten or twelve years ago, the question of the world price of oil would not affect us.

Hmmmm. Who really are the stupid one?

Well, Coulter for starters.

Second are the people who believe that the answer to resolving issues of a finite and delpleting resource is to just find more of it (by destroying other natural resources, starting wars), make more things that depend on it (bigger, less economical vehicles, foreign wars), more things that are derived from it (more plastics and disposables), and keep promotion of alternative fuel sources to a minimum.

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A major part of the price is profits taken by the speculators. It is difficult to figure out how much they drive up the price even for skilled economists who have all of the numbers, but I have seen it said that global crude speculation costs $30 a barrel right now. On top of that is the cost of speculation on the American gasoline market. Some countries don't allow speculators into the Gasoline market so they don't pay that, but most everyone pays for the crude speculation.

For a scary look at what speculation does to energy markets take a look at what happened to the California electricity market a few years back. We have full documentation on that, because it was a particullarly bad rip-off of the consumer so California painstakingly went back and documented what took place.

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hawkeye10 wrote:

For a scary look at what speculation does to energy markets take a look at what happened to the California electricity market a few years back. We have full documentation on that, because it was a particullarly bad rip-off of the consumer so California painstakingly went back and documented what took place.

Enron?

I saw "Enron: The Smartest Guys in the Room". Took a pretty in depth look into the role they played in the california blackouts from a few years ago.

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So far, all you have done is make excuses to support the collusion between Govt and Oil and Auto manufacturers.

Have any of you asked why this Govt over the past 30 years has never EVER insisted that Detroit make cars that must get 40 MPG in 5 years?

FDR told Detroit on Monday to build tanks. On Tuesday, they were building tanks.

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candidone1 wrote:

hawkeye10 wrote:

For a scary look at what speculation does to energy markets take a look at what happened to the California electricity market a few years back. We have full documentation on that, because it was a particullarly bad rip-off of the consumer so California painstakingly went back and documented what took place.

Enron?

I saw "Enron: The Smartest Guys in the Room". Took a pretty in depth look into the role they played in the california blackouts from a few years ago.

It was not just Enron, though they did run the market. Enron worked in collusion with the energy producers and speculators to drive up prices, thus profits.

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woiyo wrote:

So far, all you have done is make excuses to support the collusion between Govt and Oil and Auto manufacturers.

Have any of you asked why this Govt over the past 30 years has never EVER insisted that Detroit make cars that must get 40 MPG in 5 years?

FDR told Detroit on Monday to build tanks. On Tuesday, they were building tanks.

Quote:

Proposed legislation would raise the requirement for Corporate Average Fuel Economy to 35 miles per gallon over 10 years.

Automakers recently have said it's impossible for them to meet tougher fuel efficiency standards, but New York Times Detroit Bureau Chief Micheline Maynard says carmakers in Japan and Europe already have to meet higher standards. Maynard talks with Michele Norris.

http://www.npr.org/templates/story/story.php?storyId=11164719

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candidone1 wrote:

woiyo wrote:
So far, all you have done is make excuses to support the collusion between Govt and Oil and Auto manufacturers.

Have any of you asked why this Govt over the past 30 years has never EVER insisted that Detroit make cars that must get 40 MPG in 5 years?

FDR told Detroit on Monday to build tanks. On Tuesday, they were building tanks.

Quote:
Proposed legislation would raise the requirement for Corporate Average Fuel Economy to 35 miles per gallon over 10 years.

Automakers recently have said it's impossible for them to meet tougher fuel efficiency standards, but New York Times Detroit Bureau Chief Micheline Maynard says carmakers in Japan and Europe already have to meet higher standards. Maynard talks with Michele Norris.

http://www.npr.org/templates/story/story.php?storyId=11164719

You forgot to add the following which proves my point.

"Automakers recently have said it's impossible for them to meet tougher fuel efficiency standards, but New York Times Detroit Bureau Chief Micheline Maynard says carmakers in Japan and Europe already have to meet higher standards. Maynard talks with Michele Norris."

So carmakers in Japan and Europe are smarter than those in the US and Canada?

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Gas prices have skyrocketed since the Democrats took over the House and Senate.

I blame the Democrats for current high fuel costs.

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woiyo wrote:

candidone1 wrote:
woiyo wrote:
So far, all you have done is make excuses to support the collusion between Govt and Oil and Auto manufacturers.

Have any of you asked why this Govt over the past 30 years has never EVER insisted that Detroit make cars that must get 40 MPG in 5 years?

FDR told Detroit on Monday to build tanks. On Tuesday, they were building tanks.

Quote:
Proposed legislation would raise the requirement for Corporate Average Fuel Economy to 35 miles per gallon over 10 years.

Automakers recently have said it's impossible for them to meet tougher fuel efficiency standards, but New York Times Detroit Bureau Chief Micheline Maynard says carmakers in Japan and Europe already have to meet higher standards. Maynard talks with Michele Norris.

http://www.npr.org/templates/story/story.php?storyId=11164719

You forgot to add the following which proves my point.

"Automakers recently have said it's impossible for them to meet tougher fuel efficiency standards, but New York Times Detroit Bureau Chief Micheline Maynard says carmakers in Japan and Europe already have to meet higher standards. Maynard talks with Michele Norris."

So carmakers in Japan and Europe are smarter than those in the US and Canada?

Uhhhh....that was in my quote attribution dude. I didn't forget anything.
I'm in agreement with you.

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H2O_MAN wrote:

Gas prices have skyrocketed since the Democrats took over the House and Senate.

I blame the Democrats for current high fuel costs.

Both parties have been equally fine with our whacked out energy markets. Both parties are to blame for the lack of new refining capacity thus the shrink of the space between 100% capacity and demand which we know from free market 101 means that the refiners are able to boost profits using the laws of supply and demand. Both parties are to blame for the decimation of the dollar. Both parties are to blame for the lack of American energy policy since the mid 1970's. Both parties are to blame for the lack of an effort to get transportation energy usage down either by higher fuel standards or cars or by encouraging mass transit usage.

Everybody's hands are dirty, though some have taken more money from the oil companies than others.

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hawkeye10 wrote:

A major part of the price is profits taken by the speculators. .....

True but, as I noted, without the machinations of the demokkkrats and green freaks, we'd be exporting oil instead of importing it and the activities of the speculators, if any, would not affect us other than to make us richer.

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Re: Oil company profits per gallon.....

woiyo wrote:

For 30 years, these "stupid people" can not build a car that we can sell that gets 40 MPG.

For 30 years, these "stupid people" can not figure out how to harness wind, nuclear or other fuel source.

We had at least two cars which got nearly 40 in the 1960s, i.e. the Austin Healy Sprite and MG Midget; with modern fuel-injected and computerized engines they'd get over 40. And leftist safety regs would not allow either to be sold.

The biggest diffeence between the small cars of today vs 40 years ago is weight. Today's small cars all seem to weight 2500 lbs or more; the small cars of yesteryear mostly weighed under 2000.

Particularly with carbonfibre, a very safe modern car under 2000 lbs would not be difficult to build.

Nature abhors vacuums and there is an opening out there for somebody to become the Andrew Carnegie of carbonfibre, and that guy could easily become the world's first trillionaire, younger readers take note...

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gungasnake wrote:

hawkeye10 wrote:
A major part of the price is profits taken by the speculators. .....

True but, as I noted, without the machinations of the demokkkrats and green freaks, we'd be exporting oil instead of importing it and the activities of the speculators, if any, would not affect us other than to make us richer.

Even known someone with a gambling or spending addiction? The more that comes in the more that goes out. Increasing input of money (or in this case energy) delays judgment day, it does not alter the result in any other way.

We need to cure our addiction to burning oil. We would have been better off in the long run if we had dealt with this problem during the late 70's as Jimmy Carter tried to do.

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Basic cold, hard reality, the technology to run cars on anything other than gasoline has only become available within the last couple of years even in theory and will take another 12 years to be out there in numbers even if we started now. We need to go after every possible source of energy immediately and at the same time substantially reduce the amount of commuting and the congestion on our roads. neighborhood work sites are a big part of the solution.

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hawkeye10 wrote:

gungasnake wrote:
hawkeye10 wrote:
A major part of the price is profits taken by the speculators. .....

True but, as I noted, without the machinations of the demokkkrats and green freaks, we'd be exporting oil instead of importing it and the activities of the speculators, if any, would not affect us other than to make us richer.

Even known someone with a gambling or spending addiction? The more that comes in the more that goes out. Increasing input of money (or in this case energy) delays judgment day, it does not alter the result in any other way.

We need to cure our addiction to burning oil. We would have been better off in the long run if we had dealt with this problem during the late 70's as Jimmy Carter tried to do.

Jimmy Carter? As with everything else, he accomplished NOTHING.

Until the Govt puts the clamp on the Auto Makers, the fat cats will get fatter at our expense.

Your govt "inaction".

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The automakers can make electric cars that can go 200 miles on a charge. This would get most drivers to where they want to go and back. Many ways to make electricity.

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rabel22 wrote:

The automakers can make electric cars that can go 200 miles on a charge. This would get most drivers to where they want to go and back. Many ways to make electricity.

And all of them either pollute or are "eyesores".
BTW, "eyesores" is Ted Kennedy's reason for not wanting a wind farm off his island.

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Oil company profits per gallon.....

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