Making Gasoline/Diesel More Afforedable

Discussion in 'Clean Debate Zone' started by OnePercenter, May 26, 2013.

  1. KissMy
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    :cuckoo: We did not have 1500% inflation in 10 years. But oil went from $10 to $147 in 8 years. :eek:

    It cost less than $350 to transport a truck load of oil, but they made $4,000 a load doing it. It cost even less by train & even less by pipeline. That is not inflation, that is windfall profits.
     
    Last edited: Jul 1, 2013
  2. itfitzme
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    You are correct. The price of gasoline has increased at a rate faster than general inflation. In real dollars, it began rising as China began developing as a major economy, about 1998.

    There are perfect supply and demand components as well as components that are due to market imperfections. *The issue is that there has been no historical success in being able to substantially and reasonably manage the market imperfections. *It's not even possible to adequately identify them. *We do identify the obvious gross aggregate effect. *

    The world will get there, just not as quickly as we would like.
     
  3. OnePercenter
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    OnePercenter Gold Member

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    No. Crashing production would be.

    Oil needs to be reduced to $7-8 bucks/barrel where it should be.
     
  4. Cuyo
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    Ok I know this is the clean debate zone so...

    How... Do you intend... To get oil down to $7-8 per barrel?

    If your... "Interesting" plan were to be put into place, we wouldn't have the authority to compel other nations to follow suit...

    Who would purchase and refine the oil, and bring it to market at a loss?

    And honestly, are you even serious with this plan at all?
     
  5. Cuyo
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    Have you considered that the worldwide supply is down, whilst the worldwide demand is up?
     
  6. KissMy
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    Supply is controlled by governments & cartels. It is not a free-market supply & demand business sector. My point & the fact of the discussion was that government oil taxes are not more than oil profits. Also government spends 5 times more defending oil production than it ever gets in oil taxes.
     
  7. Mr. H.
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    The high prices of gasoline and diesel fuels is precisely what has led to the increased search for crude oil- the source component.

    Americans (and these days, I use the term loosely) are to be thankful that the oil and natural gas industries are busting balls.

    Risking private (not public) capital, chasing profits, and getting the fucking job done.

    Screw you nayslayers... lead- follow- or get the fuck out of the way.
     
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  8. Mr. H.
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    Let's take a relaxed stroll down memory lane....

    It's 1999... flowers are blooming, birds are chirping...

    Oil is $10/barrel and gasoline is $1/gallon.

    Ahhhh... the good old days.

    When supply was controlled by governments & cartels.

    You get my drift?

    You so often posit knowledgeable thought around here, but you are equally as often clueless.
     
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  9. Cuyo
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    Tin-foil hat stuff aside, you've started with an abnormally low price. A similar tactic is oft used by climate change deniers. Can I start measuring in 2008 and claim that oil prices are falling over time?

    There is a bumpy plateau of oil prices, but over time you're going to see higher highs and higher lows. This is a finite resource, and the demand is ever-rising here and abroad, especially in developing areas of the world.

    It's easier to pick an apple from the bottom of the tree than the top. This is not something that's going to get better over time. A large discovery may flood the global market and lower prices modestly once more, but there is a grain of truth to what you say - If a new discovery is found, the major producers (or 'Cartels' if you prefer) will cut production accordingly to keep prices high.

    The only thing that is going to make a substantial difference is a new, economically feasible energy source.
     
  10. Toddsterpatriot
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    We did not have 1500% inflation in 10 years. But oil went from $10 to $147 in 8 years

    And 5 months later, oil was down to $34
     

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