hey i can take it,one thing is certain,you guys will find fault no matter what.

8 dollar gas just doesnt make sense except to environ whackos!

its obvious to the world that europe is burried in debt and the cause is govt overspending and we here borrow 40% of what we spend,100bil/month.
that raises all prices, and goes right back to the gas pump where we started.
wont end any time soon.

i just want cheaper "hummer food"!!

 

I think that one reason for the gas prices in the US vs the ones in Europe is that the government have learned that it is easy to squeze a few extra bucks out of the motorists. If you complain they just say "we have great public transportation, use it" as for the states or atleast the west coast where I used to live the public transportation sucks. There is no problegetting by in Europe without a car unless if you hate being arround other people which I do The US culture was built arround cars and if you had the fuel prices we have there would be a civil war

Its funny that in the US whenever Europe is brought up somebydy always have to mention socialism, well my opponion is that polititians are crooks wherever they are in the world they can cal themselves socialists, democrats, republicans or whatever it always end with the regular people having to pull thir pants down and the polititians trying to pocket money wherever they can

 

Ahh the "environ wackos" card. Used almost as frequently and innappropriately as the race card thses days. I am not really sure how driving a Hummer places me in the category but labels have never really bothered me anyway.

If facts are faults, then yes I can always find some and I usually find facts carry more weight than anecdotes. Perhaps you missed the part where the Keystone pipline oil was slated for foreign markets so it would have no impact on what you pay for gasoline.

To understand why gasoline costs what it does you need to understand that supply and demand have an inverse relationship. The world has reached its refining capacity. That means we can't produce anymore than we are because we don't have the ability. So the supply is stagnent. Demand, however, has risen and will continue to rise. So when you have a limited supply and increasing demand, price is going to rise. Add into that the way supply and demand are artificially manipulated, it becomes a larger price increase. Discovery of new oil is also on the decline which will eventually increase the price as well. The world will never run out of oil, it will be priced out out of use.

For all the rhetoric, I have yet to meet someone, or even hear of someone, saying they think gas should be $8 a gallon.

As for the EU being heavily in debt, in 2010 the U.S. public debt was 99.7% of GDP. For the same year the EU public debt was 80% of GDP.

Unless there is some coherent arguement you would like to make, supported by FACTUAL evidence(Limbaugh and Hannity opinions aren't facts) then I think we are done here. In the future, please keep your small-minded political views out of my threads. Thanks.

 

now were getting to the truth!!

 

Widespread, I agree with most of the things you have said but I have to disagree about being at refining capacity. I know of several functional refineries that have been sitting dormant for the last 10 years. In some cases, they say it is not profitable to operate them. I believe that they control the supply that way so the demand is larger. I saw the same thing in the power business in Southern CA. There would be rolling blackouts all around but when you go past a power plant, it is not producing. Demand is a constant, but supply is controlled by either gov't or business or both.

I lived and worked in an oil town for the last 10 years. I worked with a lot of older oil men that, although they loved making the extra profit, said that they still made money with gas at around $1.50 per gallon. Of course, there are taxes added to that so the price would be a little higher.. but not at the levels that we are at now. There is nothing wrong with paying taxes for the upkeep and protection of our country. Wouldn't it be great if that is what we were actually paying for. We had some of the highest taxes in the country in Southern California but some of the worst roads. That is a simplification but I don't want to get into a big debate that is not going to go anywhere anyway... I just want it to be understood that both sides have information coming out that is not entirely factual. Let's not write stuff off just because we don't like the people saying it.

 

How much are you willing to pay ?? The answer is what will determine the price of gas... everythng else is rhetoric.

Here in Texas, natural gas and oil wells are capped if market prices dip... it is all about profits... but that is the American way... free enterprise. The oil business is very sophisticated and demand is manipulated in ways to keep the prices at levels that sustain obscene profits for those at the top of the oil pyramid.

Price at the gas pump will be reduced only through cheap imported oil... because the overseas decision makers are willing to accept lower profits for their oil than American producers. My guess is American producers are silently giddy about an American skirmish with Iran affecting the oil supply... less foreign oil from the Middle East means higher gas prices and greater demand for expensive Texas crude... thus the Texas wells re-open to fuel the gap at prices that make millionaires into billionaires.

 

I appreciate your thoughts on the subject. I really don't have a problem with listening to the other side of things and I was trying to encourage drtom to give some facts to support his view. I don't affiliate myself with any political party or view point so I'm not easily offended by such matters.

The crux of the matter is this: I do not come to Hummer forums for political discourse. I don't care what anyones personal beliefs or convictions are in here. drtom drops his views on politics, race, and religion in among his posts regularly and I was curious if he comes to these conclusions on his own or he is simply repeating what he is told. Commenting on socialism in Europe had ZERO to do with the topic of the thread. If anyone would like to start a thread about their views on socialism in europe, there is a section in the forum for that. This has nothing to do with whether I "like" dtom or anyone else.

:cheers

 

Actually, I was talking about Rush and Hannity! haha