Gas Prices

Buy oil stock. Let them fill your tank.

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Originally Posted by Hoosier

The real problem is that Americans, and thus American leaders, haven't had to cohones to raise taxes and reduce spending to actually acheve a balanced budget, let along the surplus we must have to pay down the deficit. It's as if we've been left with the tab for the past thirty years of American Exceptionalism, and now we're faced with the question of: Do we pay it, or do we keep adding on to it for the future to deal with?

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+1 [Beer]

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Originally Posted by sniper7

it is time to shut off food supplies being exported to these countries. we can live without oil. they can't live without food.

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BINGO! We have a winner!

Colorado has oil. We could drill for our own fuel and that's not all we don't need cheap oil from other country's we could use our own if the powers that be would grow a pair and drill for it.

Statistics from the Department of Energy, paid for with your tax dollars.

http://www.eia.doe.gov/oog/info/gdu/gaspump.html

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Originally Posted by al-x

IMO, it has little to do with supply/demand. I think if every single American stayed home just ONE DAY and didn't drive or fill up at the gas station, the oil companies would feel it in their balance sheets.

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I laugh every time someone says this. Everyone would just buy the gas the next day and there would be zero effect what-so-ever.

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Originally Posted by DOC

Colorado has oil. We could drill for our own fuel and that's not all we don't need cheap oil from other country's we could use our own if the powers that be would grow a pair and drill for it.

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I'm with you.

We need to go and get it.

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Originally Posted by Irving

I laugh every time someone says this. Everyone would just buy the gas the next day and there would be zero effect what-so-ever.

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I would agree. I think a more valid asking point would be "how close do you live to work".

I never did and still don't understand how people seem to give no thought to where they live VS where they work.

My last two Military bosses bought homes that are at the other end of town. they both said it was not a bad commute until they started doing it in the winter. :) My drive is 6.5 miles RT. No stress, no traffic, never late due to the conditions..... And I put $20 worth of gas in every two weeks.[Coffee]

+1

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Originally Posted by Hoosier

I hope not. Bailing out the banks and auto industry has a short term cost, most of that money will be/has been recouped. The bigger problem was the bailout was that these companies were deemed "too big too fail" and as a consequence of the bailouts and the many failures/acquisitions of smaller institutions they are now ever larger. We should probably require them to break apart into smaller institutions, and one of which could be allowed to fail. That's seen as government intervention and is frowned upon.

Obama's big bet, the recovery acts, totaled approx $1T, but half of that was in tax breaks -- which the GOP would have done in the same situation. In the end the recovery legislation probably did shorten the recession, but of course that will be debated ad nauseum. I think the GOP would have done similar things because politicians can't be seen as doing nothing if they want to be re-elected.

I don't know what gratification came from a black president, I don't believe Obama was elected because he is half black, I think the only telling factor is that he wasn't defeated because he's black, as would certainly have been the case less than 50 years ago. The real question, to my mind, is how long before we could elect an avowed Atheist president? I don't see that happening anytime soon.

I think that what our kids think in 50 years is really going to depend on how we continue behaving. If we keep waging trillion dollar wars, if we keep our tax rates low while debt skyrockets, if we continue to kick infrastructure down the road these things will come back to bite us in the ass.

The real problem is that Americans, and thus American leaders, haven't had to cohones to raise taxes and reduce spending to actually acheve a balanced budget, let along the surplus we must have to pay down the deficit. It's as if we've been left with the tab for the past thirty years of American Exceptionalism, and now we're faced with the question of: Do we pay it, or do we keep adding on to it for the future to deal with?

H.

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Originally Posted by jerrymrc

I would agree. I think a more valid asking point would be "how close do you live to work".

I never did and still don't understand how people seem to give no thought to where they live VS where they work.

My last two Military bosses bought homes that are at the other end of town. they both said it was not a bad commute until they started doing it in the winter. :) My drive is 6.5 miles RT. No stress, no traffic, never late due to the conditions..... And I put $20 worth of gas in every two weeks.[Coffee]

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I would have bought 15 houses with all my job changes, doesn't look to be a win for saving money? I've tried to work as long as possible at each job, just hasn't worked out. Bought, Sold, Bankrupt etc.

Luckily I've lived fairly central and most jobs have been a reasonable distance.

I'm with you though: Current job location was selected due to proximity to home, 10 mile round trip, $20 every two or three weeks, but parking is a bitch. $125. Still waiting on the light rail to finish up, 3 blocks.

Debating now if I even want to apply for the hunting licenses, probably can't afford to drive the truck for $500 in gas for a weekend of hunting.

Save the cost of the license and the cost of gas, win win.