Gas Prices

[Mtn.man]

[Daniel_187]

go green, let use Whale oil

[spittoon]

go green, let use Whale oil

[patrick0685]

go green, let use Whale oil

[sniper7]

they are getting ridiculous again. just a year ago it was down to 1.35 roughly, now at 3.30. bullshit. nothing out there doubles in cost like that.

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

[Lex_Luthor]

Prices are rising, and all the while we will continue to pay through the teeth for it. The oil companies know this. We'll complain about it, but won't be able to actually do anything about it. Meanwhile they're raking in record-breaking profits. 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.

[patrick0685]

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.

sadly this wouldnt work, there income for that day "might" go down but the next day there income would explode because all those people would have to buy the next day.

[Irving]

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.

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.

[MuzzleFlash]

Prices are rising, and all the while we will continue to pay through the teeth for it. The oil companies know this. We'll complain about it, but won't be able to actually do anything about it. Meanwhile they're raking in record-breaking profits. 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.

Oil company profits average 4% of share price. So just who is getting rich off of us again? "Big oil" is less profitable than other "greedy corporations" like Taco Bell.

Speaking of that little annoying dog, here's a comparison of the performance of big, bad,, greedy, evil, price gouging, Alaska polluting, Exxon Mobile against YUM Brands, owner of said burrito establishment:

http://finance.yahoo.com/echarts?s=Y...urce=undefined

I guess the inevitable conclusion is that the Chihuahua is really bonin' the little guy.

If an oil company's profitability goes from 1.5% of market cap to 3.0% then Keith Oberman and Obama can rail on how oil company profits are "up 100% while the middle class suffers". WTF? You could make better coin with your money in a freaking market index fund.

Oil companies are boogey men for useful idiots to have someone to blame other than politicians. The real culprit is the US congress for taking so much of our reserves off limits while we grow increasingly dependent on the loons in the middle east. Just try to get a nuclear power plant or a new refinery built in today's political climate.

[Hoosier]

we can live without oil.

!!! Maybe Mtn. Man can, the rest of us would be seriously f'd in days. No trucks to delivery food to the grocery stores. No fuel at the pump to fill your car. No fuel to move the coal trains.

We might be able to get by not taking oil from countries we don't like, but it won't stop them exporting it (it's an international commodity, if they don't sell it to us, they'll sell it to China, and what would have gone to China comes here) and won't stop them being able to import food.



It'd sure be nice to not be paying these people billions of dollars every year, and be nice to know that our country could survive should people decide to stop playing ball with us. Maybe if that crazy old coot of a president back in the late 70's, with his fancy Solar Panels had the support to really start the difficult process then, we wouldn't be in this situation.

Dear baby boomers: thanks for the shit we're in now. Your parents may have been "the greatest generation", but I think you chose immediate gratification over long term thinking, and everyone under 40 will be paying for your lifestyle for a long time.

H.