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What's with all the horrible ideas to lower gas prices

Old 05-22-07, 07:49 AM
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What's with all the horrible ideas to lower gas prices

My favorite was a few weeks ago with the whole don't buy gas on May 15th emails. Unfortunately, there is a little wrench in that plan called May 14th and May 16th.

Why aren't there emails going around that say this: DONT USE AS MUCH GAS or DONT DRIVE AS MUCH THIS MONTH AS LAST MONTH. Anything like that would be much more productive

Thats the only thing we can do to lower gas prices. Politicians arent going to help. Theres no magic switch that we can pull and everything is alternative energy. I cant, you cant, no one can change the price of gas by writing a friendly letter to China and ask them to stop their escalating use. You can't pray for labor relations to improve in areas with strikes, or just wish that Hugo Chavez goes away. You cant affect the price of gas by not buying it one day just to buy it the day before or after. The only thing you can do is dont use as much.

Put it this way. Say the average American uses their car 100 times a month going to work, coming home, going to the grocery store, going to a friends house, etc etc. You want to know how to lower the price of gas? Use your car 90 times a month instead. Dont drive it 2 blocks to go play XBox at your friends. Dont take 3 trips to the grocery store this week when you could have planned a little better and only taken 1 or 2 trips. Say you dont take 10 less trips, 5 less trips will affect the price, even if every one took one less trip it still makes a dent.

Theres still so many factors, I mentioned some like China or Hugo Chavez. Theres nothing we can really do about that or violence in Nigeria or a pipeline down in this random country or that random country...not to mention the big monkey in the room the overall fear/speculation in the market. Overall though, the easiest, simplest, most practical thing to do to affect price is just dont use as much. Plan better and if everyone did that you would see prices go down.
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Old 05-22-07, 07:54 AM
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Or we could just bump up our election cycle so that we're voting on Republican candidates every year.
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Old 05-22-07, 07:55 AM
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Why?

Retail sales dropped last month. They're continuing to drop.

Do you realize that many many folks don't live in the areas where public transportation is available. They have to depend on their cars for transportation to conduct the daily activities of life.

There can't be a reasonably permanent fix gasoline prices, because we have a party that is beholden to the major oil companies and refiners, and a president who is even more beholden to the major oil companies and refiners.

If Republicans had their way, they would be giving more 'handouts' to the major oil companies.
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Old 05-22-07, 08:02 AM
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What I think the president ought to do is get on the phone with the OPEC cartel and say, we expect you to open your spigots. OPEC has gotten its supply act together, and it's driving the price, like it did in the past.

The president of the United States must jawbone OPEC members to lower the prices.
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Old 05-22-07, 08:32 AM
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Originally Posted by NCMojo
What I think the president ought to do is get on the phone with the OPEC cartel and say, we expect you to open your spigots. OPEC has gotten its supply act together, and it's driving the price, like it did in the past.

The president of the United States must jawbone OPEC members to lower the prices.
I thought the high prices had nothing to do with current supply, which I hear is pretty high. Oil is actually less a barrel now than it was at this time last year. Don't the current prices have more to do will speculation about oil futures?
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Old 05-22-07, 08:38 AM
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and refining capacity
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Old 05-22-07, 08:42 AM
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Mojo was quoting Gov Bush
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Old 05-22-07, 09:29 AM
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Originally Posted by Venusian
Mojo was quoting Gov Bush
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Old 05-22-07, 09:42 AM
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Originally Posted by NCMojo
The president of the United States must jawbone OPEC members to lower the prices.
So is he saying that sexual favors are the key to lower gas prices?
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Old 05-22-07, 10:39 AM
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It's the refiners. They're deliberating taking capacity off-line to increase prices.

I heard a news story a couple of weeks ago about one refiner that is selling less gas than last year but had a huge increase in profits, as one example.

The only way to lower gas prices is to have a credible alternative. The only way to do that is to heavily invest in research into new technologies. That isn't going to happen, because the oil companies and refiners are making too much money, and they spread that money around, to both Reps and Dems.
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Old 05-22-07, 10:51 AM
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Just how many gasoline price threads do we need anyway? Can we start a gasoline price subforum, like we would have a Star Wars subforum when one of those movies came out?
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Old 05-22-07, 11:00 AM
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Originally Posted by Lord Rick
The only way to lower gas prices is to have a credible alternative. The only way to do that is to heavily invest in research into new technologies.
It would be much easier and much much more American for the governemnt to 'make it easy' for a new company to open a refinery with enough capacity to generate some more competition.

Competition you say?

nah, that idea will never work...
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Old 05-22-07, 11:06 AM
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It isn't any ONE thing. You have the valid point made that the oil companies have merged too often and there is now not enough competition. But you also have expensive ethanol being put in gas. You have lower refinery capacity and you have oil companies that aren't too wild about increasing refinery capacity because they keep hearing the future is some alternative. They have been caught with too many refineries in the past.

But we'll have some hearings and things will be different now.
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Old 05-22-07, 11:11 AM
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Originally Posted by 4KRG
It would be much easier and much much more American for the governemnt to 'make it easy' for a new company to open a refinery with enough capacity to generate some more competition.

Competition you say?

nah, that idea will never work...
Why would an oil company want to invest in more refineries when Bush has said America will have 60 (I think) billion barrels of alternative fuel by 2017. I doubt the Democrats will be more conservative with that number. I sure wouldn't put out the capital to build more when the government is bent on using less.
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Old 05-22-07, 11:44 AM
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Originally Posted by kvrdave
Why would an oil company want to invest in more refineries when Bush has said America will have 60 (I think) billion barrels of alternative fuel by 2017.
How many times have you made that post?

Could you come up something - just a little different & something that makes a little more sense?
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Old 05-22-07, 11:53 AM
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Originally Posted by classicman2
Why?

Retail sales dropped last month. They're continuing to drop.

Do you realize that many many folks don't live in the areas where public transportation is available. They have to depend on their cars for transportation to conduct the daily activities of life.
Agreed. I live 12-16 miles out of town. I stopped making spurious trips about the point gas hit $2.50. I now order online just to save on the $4-$6 trip. I pay $1-$1.20 premium on a half gallon of Soymilk at the country corner store when my little girl runs out because running into town to Meijer/Kroger/Walmart would cost me too much.

I try to hit the stores on the way back from work but sometimes I forget or don't have time.
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Old 05-22-07, 11:55 AM
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Originally Posted by classicman2
How many times have you made that post?

Could you come up something - just a little different & something that makes a little more sense?
twice?
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Old 05-22-07, 12:06 PM
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Then you believe, by the statement that you've made at least twice, that major oil companies and refiners should be able to manipulate the price the public pays for gasoline by whatever methods they choose - like shutting down refineries for one?
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Old 05-22-07, 12:09 PM
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Originally Posted by classicman2
Then you believe, by the statement that you've made at least twice, that major oil companies and refiners should be able to manipulate the price the public pays for gasoline by whatever methods they choose - like shutting down refineries for one?
Exactly. They don't need to build more refineries. They need to keep the ones they have running.

But they have a disincentive to do so. Taking capacity off-line increases their profits.
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Old 05-22-07, 12:23 PM
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Originally Posted by classicman2
Then you believe, by the statement that you've made at least twice, that major oil companies and refiners should be able to manipulate the price the public pays for gasoline by whatever methods they choose - like shutting down refineries for one?
That seems like quite a leap based on me saying I can't imagine them building more. Just looking for an argument or the Viagra isn't working?
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Old 05-22-07, 12:32 PM
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Originally Posted by wendersfan
Just how many gasoline price threads do we need anyway? Can we start a gasoline price subforum, like we would have a Star Wars subforum when one of those movies came out?

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Old 05-22-07, 12:51 PM
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Originally Posted by kvrdave
Why would an oil company want to invest in more refineries when Bush has said America will have 60 (I think) billion barrels of alternative fuel by 2017. I doubt the Democrats will be more conservative with that number. I sure wouldn't put out the capital to build more when the government is bent on using less.
I think I kind of agree with kvrdave. Why would you do a long term investment in extra refineries when the movement is to get rid of them? And when by reducing the number of refineries you actually make more money in some cases (I heard this as well, I think on an NPR news story about gas prices).

This is the price you pay for having this in the free market. They can do whatever they want - the demand is relatively inelastic, right?
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Old 05-22-07, 01:11 PM
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How come the government can regulate electricity (for instance, they have had a price freeze here in Illinois on ComEd for several years and want to extend it), but not gasoline? To me, there are a few necessary industries that are required to keep the nation working. Gas is certainly one of them. To allow the oil companies to name their price and drive the nation into ruin (maybe not happening now, but could in the future) is insane. How many consecutive record-breaking profit quarters do they get before somebody wakes up and says "Enough!"?
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Old 05-22-07, 02:01 PM
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Originally Posted by kvrdave
Why would an oil company want to invest in more refineries when Bush has said America will have 60 (I think) billion barrels of alternative fuel by 2017. I doubt the Democrats will be more conservative with that number. I sure wouldn't put out the capital to build more when the government is bent on using less.
For the same reason ANYONE opens ANY business, there is LOTS of money to be made.

Sure Exxon might not want to build anew refinery and put it online, but maybe joebob oil is looking for a tax break to jump into the market and would if they could.
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Old 05-22-07, 02:05 PM
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Originally Posted by Numanoid
How come the government can regulate electricity (for instance, they have had a price freeze here in Illinois on ComEd for several years and want to extend it), but not gasoline?
The electric industry is deregulating, if it works so well, why is it changing?

http://www.opensecrets.org/news/electricity.htm
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