What is?

[ThxOne Premium Member]

Huh? It’s the price in US dollars for all countries listed.
What does mass transit have to do with it?

These countries where mass public transit is used tend to have much higher gas prices as driving your own car is more of a luxury.

Edit: if they even have their own car.

 

[RobGMN Premium Member]

Wait!!! That's NOT getting laid!?!?!?!

Sorry, no.

 

[RobGMN Premium Member]

These countries where mass public transit is used tend to have much higher gas prices as driving your own car is more of a luxury.

Edit: if they even have their own car.

Wait, they set their gas prices based on mass transit availability?
Then why do their gas prices follow the market trading price of oil?
And what does the mass transit run on, magic beans?

 

[Buck 5,000+ posts]

 

[ThxOne Premium Member]

Wait, they set their gas prices based on mass transit availability?
Then why do their gas prices follow the market trading price of oil?
And what does the mass transit run on, magic beans?

I was engaging you with a serious question. Right away you respond with sarcasm.

I am sure they still have a profit margin to stick to, wouldn't you assume? They may pay market prices but that doesn't mean they won't jack prices sky high for something that is more of a luxury. I don't pretend to know what these other countries use to power all of their different types of public transportation. Do you know? I would say electricity, magnets, fuel, gas, natural gas, propane... I am sure it's a long list. At some point when people aren't buying gasoline the price will have to go up and in some cases, way up. Do you not agree with that? In some of these countries the percentage of people who strictly use public transportation is well above 50%. It's really low here as most Americans have cars and in many cases multiple cars and don't have access to public transportation.

Thoughts?

 

[Buck 5,000+ posts]

WHO chief 'believes Covid DID leak from Wuhan lab' after 'accident'

The head of the WHO believes Covid spread after a leak from a Wuhan lab, a senior Government source claims. Tedros Adhanom publicly maintains that 'all hypotheses remain'

www.dailymail.co.uk

 

[RobGMN Premium Member]

I was engaging you with a serious question. Right away you respond with sarcasm.

I am sure they still have a profit margin to stick to, wouldn't you assume? They may pay market prices but that doesn't mean they won't jack prices sky high for something that is more of a luxury. I don't pretend to know what these other countries use to power all of their different types of public transportation. Do you know? I would say electricity, magnets, fuel, gas, natural gas, propane... I am sure it's a long list. At some point when people aren't buying gasoline the price will have to go up and in some cases, way up. Do you not agree with that? In some of these countries the percentage of people who strictly use public transportation is well above 50%. It's really low here as most Americans have cars and in many cases multiple cars and don't have access to public transportation.

Thoughts?

OK. I read it more as a statement. It was declarative, with no question mark.

Yes, business always has a margin to meet, but they don’t just pick random numbers. They follow the markets, and go for the thinnest margin they can in order to beat competition, but still make profit. What ends up happening is all the stations in a region charge the same price and try to make their money on all the extras they sell. Competition keeps the price down, but speculation in the world commodities markets drives the COGS.

Kenya has the highest use of mass transit in the world. Almost none of it is public sector. Buses, minivans, mini-buses, motorcycles. Gas powered. Their average price on June 13th was $5.14/gallon (your out of pocket cost if you bought Kenyan instead of US gas).
Australia ranks 3rd lowest in terms of mass transit use. Their price on the same day was $5.22 US/gallon
Canada is in the 2nd lowest. On June 13th they averaged $6.76 US/gallon.
USA is the lowest user of mass transport. On June 13th, we averaged $5.00 /gallon.

If demand drops, prices will drop as reserves increase and speculators stop buying. Increase reserves makes the commodity less valuable.
This is the basic law of supply and demand. We saw what it did when the COVID lockdowns began and when they ended, and every holiday, and whenever things mess with the supply chain (like major oil spills, pipeline disruption, sea-borne rigs blowing up, refinery disruptions).
Tons of historical examples exist.

 

[ThxOne Premium Member]

OK. I read it more as a statement. It was declarative, with no question mark.

Yes, business always has a margin to meet, but they don’t just pick random numbers. They follow the markets, and go for the thinnest margin they can in order to beat competition, but still make profit. What ends up happening is all the stations in a region charge the same price and try to make their money on all the extras they sell. Competition keeps the price down, but speculation in the world commodities markets drives the COGS.

Kenya has the highest use of mass transit in the world. Almost none of it is public sector. Buses, minivans, mini-buses, motorcycles. Gas powered. Their average price on June 13th was $5.14/gallon (your out of pocket cost if you bought Kenyan instead of US gas).
Australia ranks 3rd lowest in terms of mass transit use. Their price on the same day was $5.22 US/gallon
Canada is in the 2nd lowest. On June 13th they averaged $6.76 US/gallon.
USA is the lowest user of mass transport. On June 13th, we averaged $5.00 /gallon.

If demand drops, prices will drop as reserves increase and speculators stop buying. Increase reserves makes the commodity less valuable.
This is the basic law of supply and demand. We saw what it did when the COVID lockdowns began and when they ended, and every holiday, and whenever things mess with the supply chain (like major oil spills, pipeline disruption, sea-borne rigs blowing up, refinery disruptions).
Tons of historical examples exist.

I follow... but at what point does that flip and that gas nobody is buying or has been sitting isn't paying the overhead... do you then raise the prices or just let people go (fire them)?

 

[Buck 5,000+ posts]

‘It’s possible, then, that DARPA’s work is bending the entire field of synthetic biology toward military applications.’

‘But between 2008 and 2014, it poured approximately $819 million into synbio research. Since 2012, the majority of that funding came not from the budgets of civilian organizations like the National Science Foundation or the National Institutes of Health, but from DARPA and other Defense Department initiatives.’

‘While these DARPA initiatives state they never intend to create offensive weapons, which I believe is true, the programs may still have the effect of militarizing the synthetic biology field.‘

How the U.S. Military’s Synthetic Biology Initiatives Could Change the Entire Research Field

Sure, the U.S. military has deployed the power of biology and nature before. For instance, the Navy trains dolphins to detect underwater mines. The...

slate.com

 

[Buck 5,000+ posts]

‘It’s possible, then, that DARPA’s work is bending the entire field of synthetic biology toward military applications.’

‘But between 2008 and 2014, it poured approximately $819 million into synbio research. Since 2012, the majority of that funding came not from the budgets of civilian organizations like the National Science Foundation or the National Institutes of Health, but from DARPA and other Defense Department initiatives.’

‘While these DARPA initiatives state they never intend to create offensive weapons, which I believe is true, the programs may still have the effect of militarizing the synthetic biology field.‘

How the U.S. Military’s Synthetic Biology Initiatives Could Change the Entire Research Field

Sure, the U.S. military has deployed the power of biology and nature before. For instance, the Navy trains dolphins to detect underwater mines. The...

slate.com

‘In 2014, the National Institute of Health approved a $3.7 million grant to EcoHealth titled Understanding the Risk of Bat Coronavirus Emergence, the purpose of which was to create a sort of pandemic early-warning system.

The research involved gathering bat coronaviruses in China and studying them at the Wuhan Institute of Virology (WIV), as well as mixing components of SARS-like viruses from different species to create a novel chimera that was able to directly infect human cells.

Allowing such risky research to go forward at the Wuhan lab was 'simply crazy, in my opinion,' Jack Nunberg, director of the Montana Biotechnology Center, told Vanity Fair.

'Reasons are lack of oversight, lack of regulation, the environment in China,' he said. 'So that is what really elevates it to the realm of, 'No, this shouldn't happen.'

Facing a funding shortfall when certain grants expired, EcoHealth in 2018 submitted an even more ambitious research proposal to the Defense Advanced Research Projects Agency, or DARPA.

The plan titled Project DEFUSE involved partnering with WIV to engineer bat coronaviruses to be more deadly, by inserting genetic features that are similar to those found in SARS-CoV-2, the virus that causes COVID-19.’

How Fauci and NIH gave millions to fund Daszak's 'crazy' research

Further details of British researcher Peter Daszak's role in facilitating risky coronavirus research in China have been revealed, outlining how his EcoHealth Alliance raked in millions in grants.

www.dailymail.co.uk

 

[Buck 5,000+ posts]

‘This week, DARPA (Defense Advanced Research Projects Agency) announced that six teams will receive funding under the Next-Generation Nonsurgical Neurotechnology (N3) program. Participants are tasked with developing technology that will provide a two-way channel for rapid and seamless communication between the human brain and machines without requiring surgery.’

‘To do this, Robinson's team plans to use viruses modified to deliver genetic material into cells — called viral vectors — to insert DNA into specific neurons that will make them produce two kinds of proteins.’

The Government Is Serious About Creating Mind-Controlled Weapons

DARPA hopes to invent ways to instantly read soldiers' minds using tools like genetic engineering of the human brain, nanotechnology and infrared beams.

www.livescience.com

 

[RobGMN Premium Member]

I follow... but at what point does that flip and that gas nobody is buying or has been sitting isn't paying the overhead... do you then raise the prices or just let people go (fire them)?

If the gas isn't selling, then refineries slow down as their storage moves toward capacity. So they stop buying oil. Then we have an oil glut, and the oil companies slow down production as their storage moves toward capacity.
As for layoffs/firing/etc., I guess that depends on the size of the business and how long they can float. I would assume that if they have a lot of workers who are doing nothing, they will only pay them for so long before the layoffs begin.
Raising prices for a commodity that no one is buying doesn't do much, and only encourages people to go for the cheaper competition.

 

[Buck 5,000+ posts]

'This project enables molecular-level data storage into DNA molecules by leveraging biotechnology advances in synthesizing, manipulating and sequencing DNA to develop archival storage. Microsoft and University of Washington researchers are collaborating to use DNA as a high density, durable and easy-to-manipulate storage medium.'

DNA Storage - Microsoft Research

The DNA Storage project enables molecular-level data storage into DNA molecules by leveraging biotechnology advances to develop archival storage.

www.microsoft.com

It's only Microsoft, lol. It's not like a major computer company is saying they can use DNA like computer hardware or software. Bill Gates really wants you to get that injection, though.

 

[ThxOne Premium Member]

If the gas isn't selling, then refineries slow down as their storage moves toward capacity. So they stop buying oil. Then we have an oil glut, and the oil companies slow down production as their storage moves toward capacity.
As for layoffs/firing/etc., I guess that depends on the size of the business and how long they can float. I would assume that if they have a lot of workers who are doing nothing, they will only pay them for so long before the layoffs begin.
Raising prices for a commodity that no one is buying doesn't do much, and only encourages people to go for the cheaper competition.

As far as Hong Kong China... theirs is always higher than the rest of the world even when gas was cheap over here, theirs was over 130 percent higher in large part to the rising cost of land over there. The EU has vowed to go green by like 2035 and the countries at the top of the list you posted are part of that vow and their prices are high. Biden is trying to take a page right out of the EU's book by saying he was going to end fossil fuel here in the U.S. Our prices have jumped way up. I don't think this is a coincidence.

I am wondering why if it is supposed to be a good thing to go green why Biden is blaming others for high gas prices here. Don't you place blame when something bad happens? All this blame crap started with COVID-19. It makes me think more and more the Biden administration was responsible for COVID. As with the inflation and cost of gas, Biden is blaming everyone and everything else under the sun... he did the same with COVID. I don't think this is a coincidence either.

 

[RobGMN Premium Member]

'This project enables molecular-level data storage into DNA molecules by leveraging biotechnology advances in synthesizing, manipulating and sequencing DNA to develop archival storage. Microsoft and University of Washington researchers are collaborating to use DNA as a high density, durable and easy-to-manipulate storage medium.'

DNA Storage - Microsoft Research

The DNA Storage project enables molecular-level data storage into DNA molecules by leveraging biotechnology advances to develop archival storage.

www.microsoft.com

It's only Microsoft, lol. It's not like a major computer company is saying they can use DNA like computer hardware or software. Bill Gates really wants you to get that injection, though.

That's brilliant if they can pull it off. First it was carvings in stone. Then audio in wax cylinders. Then audio and data in grains of rust. Then in silicon. In the future: biologically.

But why do you make a paranoid connection to human DNA? DNA is in all living things on this planet. With the potential storage capacity (Using DNA to archive data is an attractive possibility because it is extremely dense- up to about 1 exabyte per cubic millimeter- and durable - half-life of over 500 years), a single block of wood could probably house more data than every home PC on the planet, combined.

In your fantasy, what is the benefit of storing it in a human that will be dead and buried in a few decades?