Cycloptichorn wrote: Quote:For all you Greenies out there...European countries do not pay two to three times more than we do for gas so that they can promote conservation. They do so because the require a huge influx of tax dollars to pay for their Euro-Socialist programs.
Really? Proof of this would be....?
I don't know how true it is for European countries in general. But here in Germany, a good part of our gasoline tax goes to supporting our version of Social Security. Of course, this is consistent with the claim that the high gasoline taxes also discourage environmentally harmful burning of fuel.
Well, yeah, Cyclo. You didn't think Finn meant just any generic bottled water, did you?
Where ever the taxes go in Europe, they do discourage consumption. This is good. They also tend to stay within the country collecting them. I can see advantages to this.
We should pray the powers that be don't decide to help us by applying price controls to the gasoline problem. Last time that happened in the early '70"s it forced a shortage of gas for all and that odd even number (last digit on the car's license plate) rationing system and the resultant lines at the gas stations.
Gas is high simply because it is in relative short supply. It started, as usual, in the summer months when demand goes up (making it relatively short in supply). Katrina's path forced the closing of not only manned and unmanned Gulf (of Mexico) oil rigs, but those refineries in the area that had been taken off line because of the storm. Presently, the timeline for their restarting is questionable. Further, there has been storm damage to a number of pipelines that supply gasoline refined in the Gulf area to the Southeast and Mid-Atlantic states. These are all valid reasons for the increase in gas prices and there is no evidence of price gouging by the big oil concerns. Experts see gas prices stabilizing at lower levels eventually, but only after the summer ends and the damage has been repaired. But then, someone will have to pay for those repairs also. Additionally, future effects on energy prices are unknown given China's burgeoning economy and its energy requirements.
I am not sure how much we can blame the present administration for the current state of gas prices. Bush has approved the tapping of the U.S. SPR (Strategic Petroleum Reserves) and, contrary to the hopes of some; the Bush administration bears little responsibility for either Katrina's inception or path of destruction. However, for the future, the administration's questionable new energy bill is of little help because its results won't be seen until the future and are questionable as to whether they will work at all. These events do add to the administration's case for opening up the ANWR (Artic National Wildlife Refuge) to oil exploration and extraction. Many have called for stricter fuel economy standards by including SUV's and light trucks in the calculations. Despite the auto industry's protestations that this is impossible without bankrupting them (remember how seat belts and air bags were to increase vehicle cost beyond belief?), there is legitimate evidence that technological fixes can work some magic here.
Europe is always brought into the discussion and used as an example of why we in America should raise gas prices but Thomas has given us good reasons as to why this argument does not fly. Given those legitimate and legal causes for the high price of gasoline, complaining about them is like complaining about the high prices of Range Rovers or Humvees: if you don't want to pay the price don't buy it. When it comes to gas you must use less by planning errands better, using synthetic oils, keeping tires inflated properly, or using more fuel efficient vehicles (this does not necessitate a smaller vehicle). Further, incentives to the auto industry to produce more fuel efficient vehicles by fiat can only do so much. The bottom line is what the consumer wants, given a fair price. If the public wants large vehicles and doesn't mind paying $60, $70, or $100 per fill-up who am I to tell them what to do with their money?
Things might be changing. Sales of the larger vehicles have been down since the beginning of this summer. But then, why not a ford F150 that, on average, gets 30 mpg and, when needed, the pulling power for a 7K trailer load? Diesel has come a long way?-why not a bit further?
One more thing, I do not think Americans should feel guilty because we use 25% of the world's energy, no matter what the ratio of population to fuel use. This is always dredged up to try and make us feel guilty--I don't buy it. We have the highest ratio of GDP per capita. We are the most productive industrial society in history. It is well known that developed nations such as ours use 1/3rd the amount of energy that developing nations (like China) do to produce one dollar of GDP. Americans have acquired their happiness (be that a big ass gas guzzling SUV or Freedom itself) the old fashioned way -they earned it.
JM
I remember, JamesMorrison, and glad to see you back on board.
Got time for a price control story? Good.
I was a machinist at time of Nixon's price and wage controls. Cold rolled steel in even sizes simply couldn't be had. It was governed by price controls. Lucky us, though. In some mysterious way, we were given to understand that, while 2" bar stock was out of stock, we could order the custom 2 1/16" stock - at a premium for custom rolling. It was not governed by price controls. Net effect, we paid extra for material we didn't need or want. We also had the spiritual rewards involved in spending extra time turning off the excess material.
roger, Hey!
There you go! Politicians' best efforts at controlling markets are shortsighted attempts to appear to be "doing something" terminating in long term results that are,at best, unforseen and perhaps a disaster which is then shamefully orphaned by those legislatively responsible.
Then government controls, as in your example, ultimately promote waste. This reminds me of KP when I was in the army. To "peel" the potatos we were issued paring knives and not potato peelers. So "peeling" involved cutting 1/4 inch sections of "peel"! The waste was sinful. I tried to convince my Sargent we could use the "Peels" to ferment and make our own alcohol (for use in our multi-fuel vehicles, of course) but he said "No! Jim... Let it go." His wisdom, drawn from years of government service, could not be denied. It seemed that other forces, other than reason, were in play. The term applied to the end result of a job as "good enough for government work" always galled me. This was not because of my high morals but merely because I always felt that a reduction in government waste would translate to a reduction of my IRS liability. Mutiply "my liability" by all U.S. taxpayers and the concept becomes significant. Like a member of the U.S. Congress has stated; "When one considers adding a couple of hundred million (U.S. $) here and a couple hundred million there it starts to add up to some serious money! ...Oh well.
JM
Typo Finn, typo. Okay, $66.00 per bbl / 42 gal comes to $1.57/gallon. You're producing gasoline from that for less than $1.00 per gallon. Still a good deal, ya ask me. Almost like magic.
I heard today on the radio only 7% of our fuel comes from the Gulf area.
Is this true? Wouldn't that seem like they are price gouging/using the disaster as an excuse?
I haven't read any of this thread, so don't know if it was brought up.
All I know is I've been hitting all kind of records at the pump. About two or three weeks ago hit my first $40 fill-up. Today hit my first $50 tank. AWESOME! My f'n motorcycle costs the same now to fill as cars I had only less than ten years ago: $15, would be more if it was empty.
I thought the percentage was much higher, but it's a world market. The three single largest producers are Saudi Arabia, Russia, and the US.
Cycloptichorn wrote:I mean, you've written some idiotic sh*t before, Finn, but this takes the cake.
Quote:Bottled water costs more per gallon than gas.
Really? I bought a gallon of water at the store the other week, WITH CONTAINER, for less than one dollar -
.99.
I bought 5 GALLONS, providing my own container (water-cooler jug), for
$1.50. That puts the average price of a gallon of water, without container, at .25.
And you're telling me that bottled water costs more per gallon than gasoline? That gasoline really costs less than .25 a gallon, and that the rest is in taxes? Really?
Do you read what you write before you post?
Quote:For all you Greenies out there...European countries do not pay two to three times more than we do for gas so that they can promote conservation. They do so because the require a huge influx of tax dollars to pay for their Euro-Socialist programs.
Really? Proof of this would be....?
Sheesh.
Cycloptichorn
Sheesh Cyclo
Check out mysterman's link.
While you're at it, check out Walter's post as well.
Blather on cyclo, blather on.
Oops, mean't Thomas, not Walter.
roger wrote:Well, yeah, Cyclo. You didn't think Finn meant just any generic bottled water, did you?
Where ever the taxes go in Europe, they do discourage consumption. This is good. They also tend to stay within the country collecting them. I can see advantages to this.
You're right Rat, I didn't mean gallon jugs of Sam's Tap Water, I mean't (like I wrote)
bottled water.
The discouragment of consumption is an ancillary consequence, and not the intent of the pricing scheme.
Finn , once again your eye color signals that you are full of it. If youd check API, they list the gasoline taxes by state.
Fed Gas and excize taxes are straight 18.4 cents per gal
highest state tax is Hawaii at 35.1 cents per gallon
lowest is Alaska at 8 cents per gallon.
As for bottled water, the bottle is worth more than the water therein. The largest US volume sales of bottled water is Disani (bottled and branded by Coke). It is water gotten from the Philadelphia public water system and has been microfiltered and then fortified with salts. Its ****, but, like any other bottled water , its all the same crap meant only to fool the masses.
Bottled water has no cost recovery structure because its "whatever the market bears" I notice that Apollanaris sells for waay more in Calif than it does here in MAine. (People in Maine cannot understand why anyone would buy a bottle of water when most people have a spring in their back 40).
Gas and water have no cost comparison with the single exception that both are products that the purveyors use to gouge the gullible consumer.
Do we notice that oil companies are recording hewmongous NET profits this last year? Is that because of a storm or some bullshit about "International competition" ? No, its merely selling the rubes whatever they can get away with , and its all under the benevolent eyes of an oil industry friendly US govt.
You watch, the "spot" market jumped to ungodly levels at the chance to set high gas prices and nat gas, ostensibly because of the hurricane. Now the market has eased below August prices and just hold your breath till the prices roll back. I think I heard that Exxon Mobil had 4 Billion in net quarterly PROFITS.
Gas went down here by $.40 a gallon yesterday :-)
Now we're down to $129.9 a liter.
It's a start :-D
Montana wrote:Gas went down here by $.40 a gallon yesterday :-)
Now we're down to $129.9 a liter.
It's a start :-D
Still a mite high.
Okay, I do typos all the time.
It dropped back to under $3 here in the countryside outside Columbus--but when i drove around Columbus, i noticed that $2.99 for econo was the lowest price. FM's hit the nail on the head that with the current administration, the oil companies are looting the gullible for every penny they can steal.
Roger
Yeah, $5.20 a gal is still way too rich for my blood, but I'm hoping the prices continue to drop now that the tourist season is over. Prices on everything here rises during tourist season, but then they drop when everyone is gone.
Keeping fingers crossed.
farmerman wrote:Finn , once again your eye color signals that you are full of it. If youd check API, they list the gasoline taxes by state.
Fed Gas and excize taxes are straight 18.4 cents per gal
highest state tax is Hawaii at 35.1 cents per gallon
lowest is Alaska at 8 cents per gallon.
As for bottled water, the bottle is worth more than the water therein. The largest US volume sales of bottled water is Disani (bottled and branded by Coke). It is water gotten from the Philadelphia public water system and has been microfiltered and then fortified with salts. Its ****, but, like any other bottled water , its all the same crap meant only to fool the masses.
Bottled water has no cost recovery structure because its "whatever the market bears" I notice that Apollanaris sells for waay more in Calif than it does here in MAine. (People in Maine cannot understand why anyone would buy a bottle of water when most people have a spring in their back 40).
Gas and water have no cost comparison with the single exception that both are products that the purveyors use to gouge the gullible consumer.
Do we notice that oil companies are recording hewmongous NET profits this last year? Is that because of a storm or some bullshit about "International competition" ? No, its merely selling the rubes whatever they can get away with , and its all under the benevolent eyes of an oil industry friendly US govt.
You watch, the "spot" market jumped to ungodly levels at the chance to set high gas prices and nat gas, ostensibly because of the hurricane. Now the market has eased below August prices and just hold your breath till the prices roll back. I think I heard that Exxon Mobil had 4 Billion in net quarterly PROFITS.
All of the sources I can find have yet to factor in today's gas prices and yet they suggest taxes account for 32 to 43 cents per gallon.
I will admit that given recent supply and demand pressure on the price of oil, the current cost of gas would not actually fall below $1.00 absent taxes. I was incorrect in my initial statement.
The point remains, however, that relatively speaking, gas is cheap, that taxes represent a major portion of the cost of gas, and that European gas prices are higher than here in the US because of the level of taxes on gas which are intended to finance Euro-Socialism, and not to encourage conservation.