What's the real cost of gas in America?

Did it ever occur to conservative voters to question their party's relationship to big oil.

Do Republican voters know that the Republicans crushed the first electric car movement decades ago because they were so heavily funded by big oil? We could easily have moved enough of our transportation and production off petroleum in order to avoid the coming economic hell, which will happen when Israel bombs Iran and gas goes to $6. Carter predicted this over 30 years ago. He begged the nation to form a moonshot around using less oil. He had a fully evolved strategy of alternative energy, light rail, shipping by rail and water, conservation, more energy efficient urbanization, etc... all the things that have allowed the Scandinavian countries to avoid the oil shock. Unfortunately, Reagan and the Right said Carter was insane and oil would never be a problem.

We are lying in a big oil grave dug by republicans.

Reagan was asked by the democrats to price the Middle East Pentagon costs into a gallon of gas so Americans could see the real cost of petroleum. Reagan worried that this would send the market a price signal to move investments toward alternative energy and conservation strategies.

Everything was done to hide the real cost of oil so Reagan and his party could protect the interests which were funding it.
 
Last edited:
full-auto-albums-drama-queen-picture4332-kn022312dapr20120224124517.jpg





full-auto-albums-drama-queen-picture4331-gv022312dapr20120223054527.jpg
 
Who sets global crude oil prices?

In today's complex global markets, the price of crude oil is set by movements on the three major international petroleum exchanges, all of which have their own Web sites featuring information about oil prices.

They are the New York Mercantile Exchange (NYMEX, CME Group - Futures & Options Trading for Risk Management), the International Petroleum Exchange in London (IPE, Online Pharmacy - Online Pharmacy Drugs) and the Singapore International Monetary Exchange (SIMEX, simex.com.sg).

OPEC does not control the oil market. OPEC member countries produce about 45 per cent of the world's crude oil and 18 per cent of its natural gas.

However, OPEC's oil exports represent about 55 per cent of the crude oil traded internationally. Therefore, OPEC can have a strong influence on the oil market, especially if it decides to reduce or increase its level of production.

http://www.rediff.com/money/2008/jun/12oil.htm
Although the policies of US presidents (ie. war with Iraq, taxes) can have an indirect influence on crude oil prices, they are not directly involved in setting the world market price.

Even if America was totally self-sufficent in oil and had the Keystone Pipeline in operation, domestic oil prices would remain essentially the same because they are set by the world market.
 
Last edited:
When you include the tax breaks for the oil companies, the environment damage done by fossil fuels, and the trillions we spend in the Middle East protecting the oil supply with our military, the real cost of a gallon of gas is probably closer to $15.

If we switched to alternative energy and conservation, we wouldn't have all these additional costs.

What’s The Real Cost of Gas in America? | Dylan Ratigan

‘Ratigan Rant’ Goes Viral as Dylan Ratigan Melts Down on Air [Video]

"Ratigan’s rant gets underway accusing Democrats of “kicking the can down the road until 2017″ and “screwing” future (and current) generations of Americans by not offering long term solutions for extractions from the economy,.....But at around the two-minute mark, Ratigan gets into the really controversial (and spot on) portion of his rant where he accuses legislators of being “bought” and says that if the President doesn’t come clean with the American people about the way funding influences Congress, there is no workable solution to fix the problem."

Oooo Dylan is mad at democrats and Obama.
 
Great idea dumbfuck!

We have plenty of cars ready to run on solar power, wind power, nuclear power and even hydropower.

FYI....fossil fuels provide plenty of electricity to charge "green" cars.

You people are so fucking stupid it is amazing.

When you include the tax breaks for the oil companies, the environment damage done by fossil fuels, and the trillions we spend in the Middle East protecting the oil supply with our military, the real cost of a gallon of gas is probably closer to $15.

If we switched to alternative energy and conservation, we wouldn't have all these additional costs.

What’s The Real Cost of Gas in America? | Dylan Ratigan

Poor Chris is one of the biggest dumbfucks here.
 
Who sets global crude oil prices?

In today's complex global markets, the price of crude oil is set by movements on the three major international petroleum exchanges, all of which have their own Web sites featuring information about oil prices.

They are the New York Mercantile Exchange (NYMEX, CME Group - Futures & Options Trading for Risk Management), the International Petroleum Exchange in London (IPE, Online Pharmacy - Online Pharmacy Drugs) and the Singapore International Monetary Exchange (SIMEX, simex.com.sg).

OPEC does not control the oil market. OPEC member countries produce about 45 per cent of the world's crude oil and 18 per cent of its natural gas.

However, OPEC's oil exports represent about 55 per cent of the crude oil traded internationally. Therefore, OPEC can have a strong influence on the oil market, especially if it decides to reduce or increase its level of production.
Although the policies of US presidents (ie. war with Iraq) can have an indirect influence on crude oil prices, they are not directly involved in setting the world matket price.
No they aren't but what they do domestically (as Cater's idiocy in the 1970's) seals thier fate.

Obama is no different.
 
You want roads, right? You want them maintained, right?

It would be a nice change if the government actually used the gas taxes to maintain our roads.
They treat it like Socialist Security...use the funds for other purposes.
Roads still need building and maintaining.
shrug.gif


Tell the GOP House to stop playing politics with infrastructure. Is it going to take another bridge collapse for them to get off their asses?
 
It would be a nice change if the government actually used the gas taxes to maintain our roads.
They treat it like Socialist Security...use the funds for other purposes.
Roads still need building and maintaining.
shrug.gif


Tell the GOP House to stop playing politics with infrastructure. Is it going to take another bridge collapse for them to get off their asses?

Wrong answer. BOTH are playing politics with it. And that includes YOU and your partisan hackery.
 
So, none of you right-wing talking-point spouters has a reason why the law of supply of demand seems to have become meaningless?

Yeah, I think you all know quite well. But go ahead, keep trying to blame it on the President. Because that's just so likely.
The price of oil is set by the futures market. The current supply has little to do with it. The reason gas prices are up is due to the fact that domestic refining capacity is dropping like a rock.

Happy?

Now that you've pointed out that you responded to this.

Yes, I find that answer to be satisfactory.

Oil companies have been closing down their refineries to reduce costs and increase the price of oil. That is an answer.

Thank you.
 
No they aren't but what they do domestically (as Cater's idiocy in the 1970's) seals thier fate.

Obama is no different.

So, it is your opinion that Obama is responsible for the fact that Oil companies find it financially expedient to close down existing refineries?

Or do you feel Obama is responsible for the fact that oil companies haven't built a new refinery since the 1970's?

Weren't there several Republican administrations during that time period?
 

Forum List

Back
Top