go green, let use Whale oil
My Feedback
"I don't listen to the women I do know, why would I listen to some crazy bitch from the ocean?" ~ Spyder
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.
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.
!!! 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.
I agree with the rest of what you said, but this quote struck me a little bit.
what do you think our kids are going to be saying to us? our immediate gratification to elect the first black president, bail out private companies with tax dollars, get "immediate gratification" to save some jobs and brands and banks. they will be paying far more for our lifestyles IMO.
Matt Taibbi has a good book that touches this, Griftopia. He was a campaign reporter in 98 when we had the last huge spike. He asked why and nobody could answer so he had a book in progress.
In short, the commodities markets used to be producers, consumers and some speculators but they were limited. The speculators were there to provide cash so either side could buy insurance against prices rising or falling. Gradually, in sneaky ways, the speculators turned loose so they could corner the market. It'll go up as long as they want. They'll probably stop the rise when it forces consumption way down.
Steve
doesn't more than half the pump price go to taxes?