Gas Prices vs. GW Bush

[Dozy_production 10+ year member]

Inside I am laughing! //content.invisioncic.com/y282845/emoticons/biggrin.gif.d71a5d36fcbab170f2364c9f2e3946cb.gif

Then Peace it seems to be //content.invisioncic.com/y282845/emoticons/cuddle.gif.bd1b29c179c0482f8313dbd790b74c94.gif

 

[reneeb7363 10+ year member]

ROFLMFAO @ JMANPC!!!!!!!!! ........nice..........

 

[reneeb7363 10+ year member]

Then Peace it seems to be //content.invisioncic.com/y282845/emoticons/cuddle.gif.bd1b29c179c0482f8313dbd790b74c94.gif

peace, my ca comrade.... //content.invisioncic.com/y282845/emoticons/iagree.gif.15d6c075ee8d3913ba26866d06993068.gif

until we disagree again?? LOL!!

 

[Randy Savage 5,000+ posts]

//content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif

 

[reneeb7363 10+ year member]

WAHAHAHAHAAAAHAAAA!!! Stick with Bushie!!!! hahahaha! //content.invisioncic.com/y282845/emoticons/rotflol.gif.b453361716769b8110ddefc85ff03cd2.gif

ummmm if your stickin to bush---one of ya need to bathe! //content.invisioncic.com/y282845/emoticons/sick.gif.b1847c8dabbfeeddbcf1a78052249e10.gif

 

[Flipx99 5,000+ posts]

But seriously, its simple business "physics"... the demand for oil is really high, and as demand goes up, so does price. As supply comes up, price goes down, but OPEC controls the rate of supply, which means if they get in a hissy fit, we could be paying 5 bucks a gallon and there wouldnt be much we could do about it.

It's actually more complicated in that because oil is purchased ahead of time, say for a delivery on a certain date (or future). The oil prices change based on a guess of the future supply/demand relationship, not as it exists currently. For instance, the price of gas didn't jump the day Katrina hit, it took a few days because they purchased that gas ahead of time, for delivery on a certain date. Because the hurricanes knocked out several refineries, traders guessed the supply in the future would be less, thus increasing price. It is based on speculation of supply/demand; not the instantaneous interaction.

Secondly, it would be unwise to say GW has a button that raises/lower prices. However, since his party controls both the house and the senate, much of his legislation gets pushed through. In the budget, he could have insisted on economic subsidies for alternative fuels. For instance, offer huge tax rebates for gas stations that serve E85 or hydrogen fuels. Or offer tax cuts to automobile companies that produce more effecient cars or implement alternative fuels (like hydrogen). See, that is how the private market works. If you want an automobile company to have it's full lineup get 30+ mpg, they could do so very quickly through economic motivation rather than legislation. Given the correct economic incentives, we would be in a much better situation considering the price of oil.

Why would the government want high gas prices? Think about it, many islamic terrorist groups are funded by countries/companies that are heavy in the oil business. If the price of oil is high, they can bankroll, train, etc more terrorists. If the price of oil drops to nearly nothing, then those terrorist organizations are likely to become underfunded, thus reducing terorism (to a certain degree, I belive it would work better than invading counties not even knowing who the enemy is)

 

[phantom240 5,000+ posts]

Secondly, it would be unwise to say GW has a button that raises/lower prices. However, since his party controls both the house and the senate, much of his legislation gets pushed through. In the budget, he could have insisted on economic subsidies for alternative fuels. For instance, offer huge tax rebates for gas stations that serve E85 or hydrogen fuels. Or offer tax cuts to automobile companies that produce more effecient cars or implement alternative fuels (like hydrogen). See, that is how the private market works. If you want an automobile company to have it's full lineup get 30+ mpg, they could do so very quickly through economic motivation rather than legislation. Given the correct economic incentives, we would be in a much better situation considering the price of oil.

E85 is fine and dandy for most, but my car runs like *** on that stuff. Come to think of it, with its high compression it runs like shit on anything under 91 octane. Luckily it comes in 93 here in louisiana.

BTW most of toyota's linup gets 30+ mpg. Their trucks dont though //content.invisioncic.com/y282845/emoticons/crap.gif.7f4dd41e3e9b23fbd170a1ee6f65cecc.gif

 

[WhoSayWho? 5,000+ posts]

. When are we going to learn that TOTAL CONTROL is imaginary.

I thought you might be fantasizing about total control. Go ahead, bend over your trunk now.