Thank you Dems, thank you for passing the Global Warming Final Solutions Act of 2006, where now we must get 1/3 of ALL energy resources from “green” sources.
Sure, you blame a fire at a very small oil refinery, but hey, these Fuck-fornians are so stupid, they will believe anything you feed them.
This is what happens when you hand out welfare like candy, and elect people who thought we would be living in the Jetsons era by now…
I think the subsidies we give the oil companies ought to be rescinded . And I also think you are blaming the wrong people . If Reagan would not have undid what Carter did we would be 30 years down the road with an energy program.
[quote]jre67t wrote:
Ouch, why the different prices when using plastic instead of cash? I thought 3.45 was bad.[/quote]
Well, because of a couple things. As Pitt is unaware of apparently, the people that own the gas stations are Mom’s and Pop’s. They have to buy the fuel from distributors, who buy their fuel from other bigger distributors and refiners, etc.
Sorta like a drug dealer. Follow me?
Okay, so now these dudes and ladies who own the station have 3-5 days to pay their distributor because the distributor has 7 days to pay his supplier. When times are booming, people are lax on the payment terms and you can be a few days late. Now, during the shit economic times we have now, people are hard line on the time to pay.
Cash goes right in the nightly deposit, credit card companies send cash a couple days later.
That is reason #1.
Reason #2 is the credit card companies charge the retailer (dude selling gas) 2-3% of every dollar as a fee. So, if you spend $100 to fill up, the gas station only get $97 of cash, 3-5 days later. So with prices near $6 a gallon people will shop around. This means dude needs to keep his prices as close to his costs as possible. But if he is losing 3% of every sale to the credit card company he needs to up his price.
So the difference in cash prices gives people the incentive to hit the ATM before coming to buy gas, because cash works better for him. But the credit price is high enough to keep it work the float and fee, and also not too high as to scare people away.
If oil companies have such control over prices why did they let oil crash to $35/barrel in 08/09 and then let it stay sub $50 for over 6 months?
Are you aware that most of the Canadian oil sands oil has a marginal cost of $60 + ? (and remember that this is the cost of producing the unrefined product…)
Are you aware that most of the large oil companies are public companies and as such, you have full access to their financial statements ?
Here are the most recent profit margins for some well known companies:
Exon - 10.37%
Shell- 5.52%
BP - 4.58%
Outrageous isn’t it ? Getting 5 bucks in your pocket for every $100 in sales !!
If oil companies have such control over prices why did they let oil crash to $35/barrel in 08/09 and then let it stay sub $50 for over 6 months?
Are you aware that most of the Canadian oil sands oil has a marginal cost of $60 + ? (and remember that this is the cost of producing the unrefined product…)
Are you aware that most of the large oil companies are public companies and as such, you have full access to their financial statements ?
Here are the most recent profit margins for some well known companies:
Exon - 10.37%
Shell- 5.52%
BP - 4.58%
Outrageous isn’t it ? Getting 5 bucks in your pocket for every $100 in sales !! [/quote]
You seem to be quite an expert , I am sure that is considering the profit right down to Retail(NOT)
I would like to think that the rise in gas prices will ultimately change consumer behavior causing them to move closer to work, buy vehicles that are more appropriate to their driving style, and drive less. But I know that’s not going to be the case.
Personally I’m OK with the gas prices and it doesn’t impact me as much as it does others. I’ve got a short commute, a paid for truck, and typically buy groceries that are locally sourced (as best possible). Bring on $10 a gallon gas. And yes, I’m perfectly OK with people leaving the state because it’s too expensive.
Unfortunately some amount of clean air regs are a necessity simply due to the amount of cars we have traveling on our highways. I’m lucky to live somewhere with relatively good air quality but there’s a lot of people who live in areas that don’t have that luxury.
[quote]atypical1 wrote:
I would like to think that the rise in gas prices will ultimately change consumer behavior causing them to move closer to work, buy vehicles that are more appropriate to their driving style, and drive less. But I know that’s not going to be the case.
Personally I’m OK with the gas prices and it doesn’t impact me as much as it does others. I’ve got a short commute, a paid for truck, and typically buy groceries that are locally sourced (as best possible). Bring on $10 a gallon gas. And yes, I’m perfectly OK with people leaving the state because it’s too expensive.
Unfortunately some amount of clean air regs are a necessity simply due to the amount of cars we have traveling on our highways. I’m lucky to live somewhere with relatively good air quality but there’s a lot of people who live in areas that don’t have that luxury.
james[/quote]
I with you , I commute 35 miles to work. My wifes car get 35 miles per gallon @ 80 costs me a gallon of gas each way