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#2
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Roger Halstead wrote in message
The problem is the refineries are running at capacity trying to meet a record demand and until we, in general "conserve", the demand will keep the price up there. "Running at capacity" is just a b_llsh_t excuse for increasing profits. They fear (rightly so) that people would get ****ed off if they realized the gas companies largely control the market and set whatever price they damn well please. If they ask for too much, people will modify (in the long run) their consumption, if they ask for too little, they've left money on the table. With the amount of money that is at stake, do you think that for a minute that the agrigate gasoline use of 10's of millions of people would be so hard to predict that they would actually be caught off guard (as opposed to intentionally having a shortage) by days getting longer in the summer? Its been summer before, last year as I remember, and I'm not even an high paid analyst. If you really want to send a message to those crooks, support a gasoline tax (in leiu of general obligation bonds and other taxes) that fully supports the cost of people driving motor vehicles. This includes road contruction, maintanence, highway patrol, uninsured motorists going to the hospital, polution, alternative fuel development, etc. Its very simple, use more, pay more. Its crazy to subsidize the consumption of road fuels with other taxes. Also its hard to jack up prices when the actual costs of driving are being paid at the pump. It will give people an incentive to conserve. You'll pay more at the pump but less on April 15th. How well you make out will depend on how much fuel you use. |
#3
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![]() "Jay" wrote in message om... "Running at capacity" is just a b_llsh_t excuse for increasing profits. I don't really know about the refineries, but you don't have to be a genius to look at the huge monstrosities that clog our roads and figure out that THERE is at least part of the problem. My Honda Civic takes me everywhere I need to go in comfort, and probably is burning half the gas of the vehicle in the next lane. If you really want to show the greedy *******s a thing or two, figure out how to burn less gas. |
#4
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"Vaughn" wrote in message
... "Jay" wrote in message om... "Running at capacity" is just a b_llsh_t excuse for increasing profits. I don't really know about the refineries, but you don't have to be a genius to look at the huge monstrosities that clog our roads and figure out that THERE is at least part of the problem. My Honda Civic takes me everywhere I need to go in comfort, and probably is burning half the gas of the vehicle in the next lane. If you really want to show the greedy *******s a thing or two, figure out how to burn less gas. Lessee........ we're runing out of oil, trees, water, air, food and waterfront property. Pull your heads out of the sand and quit breeding like lemmings. Spaceship Earth only holds so many passengers. Devote every spare dollar towards annexing more real estate. Mars is just a step. Oh, sorry. Just fantacizing. Rutan is to blame. Rich S. |
#5
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Build a refinery!
Find some oil! Make some $! How? Well I'm looking for work (sold business, relocated). I have board level managerial experience, oil industry experience, geophysics degree and exploration experience. My ChE uncle built refineries for ARAMCO for 30 years, is bored with retirement, and ready to work. If there is all this obscene profit, as proposed, then it makes sense to get into the business. Am I right? Will need serious players to finance... Are any of you bitchin turkeys serious enough to put up some bucks and put together a company? Go look at free edgar for some financials on the competition. If you still think you can play, write. t |
#6
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Jay,
Do you have any research showing that fuel taxes are not supporting the costs of roads? I remember a story on television about the transportation fund being held in surplus to help balance the budget or something. I have always toyed with the gas tax idea, it makes a lot of sense in many ways. The only problem is that it is a drain on the economy in several bad ways, and I can't get my arms around what the unintended consequences might be. One of them would likely be higher taxes to build more public transportation unless much of the fuel tax is earmarked for that. More public transportation would mean an increase in corruption in government as the extra control over where people go and how is just too yummy for those folks. "Jay" wrote in message om... Roger Halstead wrote in message The problem is the refineries are running at capacity trying to meet a record demand and until we, in general "conserve", the demand will keep the price up there. "Running at capacity" is just a b_llsh_t excuse for increasing profits. They fear (rightly so) that people would get ****ed off if they realized the gas companies largely control the market and set whatever price they damn well please. If they ask for too much, people will modify (in the long run) their consumption, if they ask for too little, they've left money on the table. With the amount of money that is at stake, do you think that for a minute that the agrigate gasoline use of 10's of millions of people would be so hard to predict that they would actually be caught off guard (as opposed to intentionally having a shortage) by days getting longer in the summer? Its been summer before, last year as I remember, and I'm not even an high paid analyst. If you really want to send a message to those crooks, support a gasoline tax (in leiu of general obligation bonds and other taxes) that fully supports the cost of people driving motor vehicles. This includes road contruction, maintanence, highway patrol, uninsured motorists going to the hospital, polution, alternative fuel development, etc. Its very simple, use more, pay more. Its crazy to subsidize the consumption of road fuels with other taxes. Also its hard to jack up prices when the actual costs of driving are being paid at the pump. It will give people an incentive to conserve. You'll pay more at the pump but less on April 15th. How well you make out will depend on how much fuel you use. |
#7
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Hi "Dude", thank for responding to my post. Read below for more
comments... "Dude" wrote in message ... Jay, Do you have any research showing that fuel taxes are not supporting the costs of roads? I remember a story on television about the transportation fund being held in surplus to help balance the budget or something. Yes I do, if fuel taxes fully supported the cost of construction and maintenance of roads then I wouldn't have to keep voting "No" on all the road construction bonds that seem to come up every election. Also I wouldn't have to keep sending hundereds of dollars (arbitrarily based on the value of my vehicle) to the DMV every year just to "register" my car. Building and maintenance is an ongoing process and always will be, its stupid to borrow money for this use. All the interest and commision is less infrastructure we could have had, or equivalently less taxes we would have had to pay out of our pay checks. Bonds are used to pay for a lot of roads because there is no political will to pay for them as we go. This is a result of a previous poster's comment that John Q Public is dumb as a stump. I have always toyed with the gas tax idea, it makes a lot of sense in many ways. The only problem is that it is a drain on the economy in several bad ways, and I can't get my arms around what the unintended consequences might be. It does make a lot of sense and is it a worse drain on the economy than the alternative, higher income tax? There will be consequences no doubt. Businesses that unfairly benefit (at everyones expense) from subsidized infrastructure (like trucking) will see a decline in the demand for their services due to thier higher prices. This will manifest itself in slighlty higher prices for goods that continue to move by truck (rather than train). One of them would likely be higher taxes to build more public transportation unless much of the fuel tax is earmarked for that. More public transportation would mean an increase in corruption in government as the extra control over where people go and how is just too yummy for those folks. Its a tough trade between 2 evils, the inefficiency of a well meaning government or the profit motive and corruption of a monopoly. But demend for more public transportation would be another outcome. Where I live, people on the dole are able to afford to drive around in cars. |
#8
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#9
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Bob Olds wrote ...
If everyone in the U.S. will NOT buy gasoline on MAY 19 , Then we will hit the oil companies in the bottom line (Profit). It is estimated that this would cost them in the millions. I WON'T buy gas on May 19. Thank you for redefining the fundamentals of both economics and human behavior. Your Nobel prize will be mailed to you. Given the draconian effect that your boycott will have, we can expect gasoline prices to fall to just pennies per gallon by midday. Refineries, storage facilities & delivery stations should also fall to scrap value. My plan (and that of thousands of others) is to buy up all such surplus fuel & facilities using the change under the sofa cushions. We'll see you Thursday morning at the pumps. Daniel |
#10
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![]() "Bob Olds" wrote in message m... If everyone in the U.S. will NOT buy gasoline on MAY 19 , Then we will hit the oil companies in the bottom line (Profit). It is estimated that this would cost them in the millions. I WON'T buy gas on May 19. And this will cost the oil companies money how? The gas out will not inconvenience them in the slightest. Now, if everyone just stopped buying gas, period, that might mean something. |
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