Well, if you want to get anal about it, they usually buy their gas here as well due to the exchange rate and gas being cheaper in the states than in Canada, so all of it is going into our economy.
They weren’t adjusted to entertainment on demand. Anyone from today would be bored to tears.
For every single person who does that, I see 100s who do nothing different.
Just sayin’.
I myself am moving this summer to an area where I will be a 2 minute bike ride from the store, and will be buying as much produce as possible from the year round farmers market with all locally grown produce. Currently I drive like a grandpa. Light on the throttle is the trick. I see at or above EPA mileage on my car.
I’m not going to bitch about the price though, as it cannot be changed, but I will do what I can to make that price go further.
And what does congress do today? Drags the oil executives out to yell at them.
How about doing something productive, like looking at how much speculation is adding to the cost of oil, or working on a bill that opens up the domestic oil drilling that both sides can agree on since the democrats blocked the republican bill last week? Maybe address the fact that not a single new refinery has been built, because of regulations blocking them, since the 70’s.
Nah, just keep yelling at the oil executives because that’s who all the dumb fucks in this country think are causing the problem. I thought the reason you have a representative government is so the generally stupid population of a country doesn’t directly control the direction that country takes?
It’s a charade, they yell at them then they get paid off by them in the backroom.
What was wrong with the conditional windfall tax proposed by democrats that said oil companies had to invest x percentage of profits into increasing domestic refining capacity and/or alternative energy research or pay a windfall tax? and the representative government system fails when the generally stupid population elects a generally stupid president to take the country in the direction that they want.
They had entertainment on the streets but then the govt made them get permits and taxed them so they left.
:lol: its all a matter of continuously raising standards and never being satisfied. when your entertainment on a saturday night is sitting around with the family and having someone read a story, getting a radio is pretty damn entertaining. When you have satellite TV with DVR in it, being reduced to a radio is pretty much “WTF is this shit?!” It turns out that “living real life” has a lot of down time. We’re managing to fill it all up more and more.
Because we tried a windfall profits tax before and it failed miserably and did nothing but cause the price of oil to go up.
But keep blaming big oil out one side of your mouth while asking them to find the oil to lower the cost out the other side.
it wasnt conditional though. oil companies arent idiots. if they can give the money away to the gov’t or invest it in things that potentially help their business and the consumer, what do you think they’re going to do?
I wouldn’t mind seeing congress offer the oil companies something along the lines of "we will open up fields X, Y, and Z for drilling if you promise to invest X billion of your profits in these new fields. We’ll also grant you licenses for X new refineries on the same conditions.
The following will reduce oil prices, in order of effectiveness. Reduce speculation, increase the dollar, reduce consumption.
You wonder why I put reduce consumption last? Because for every gallon less we use developing nations are going to use four more. Yes, we need to get off oil, but consumption is a long term goal. Lets address the things that caused oil to go up 6 fold in the last 3 years first. I don’t think many of us would have a problem of $50-$60/barrel oil, the price people are saying oil would be at under a pure supply and demand system.
#1, fix the discrepency between margin requirements for stocks and the margin requirements for futures contracts. You can’t keep allowing these investment companies to buy contracts for thousands on the dollar. If they actually had to put up a significant amount of capital to buy these contracts they wouldn’t be buying them. Overnight oil drops $50 or more.
#2, get the dollar out of the toilet. Definitely longer term goal than #1, but it could happen way faster than #3. The problem is things that will bring the dollar up (higher interest rates, less deficit spending) are bad for the housing market. Housing seems to be stabilizing though so within the next year the dollar should start rebounding as the fed slowly starts raising rates. Knock nother 20-30 off a barrel.
#3, consumption. The longest term goal, but it can’t be ignored. Nuclear power is the big key here. Get cheap efficient power and you can convert all these homes in the north that burn oil or natural gas for heat to electric heat. Recharge your plug in hybrid (like the Chevy Volt that is nearing production) overnight off that nuclear power and all your driving under 40-50 miles uses zero oil.
Unfortunately the asshole hippies of the world don’t want to hear about reasonable ways to cut consumption. Instead they decry the suburbs, cars, big homes and basically everything that has been the American dream for the last 50 years. Hell no they say to nuclear power. So instead of moving forward with reasonable ways to cut consumption we fight. All the more reason to work on #1 and #2 first.
When I went into work the am, the Citgo across the street was 3.89.
It was 3.99 by the time I left.
:ohnoes:
Yep, all speculative purchases too. Nothing has happened in the world to affect supply, and I know demand didn’t go up that much in the past few weeks. Baffles me that they refuse to do something about speculation when it would be such an easy fix.
What happened is that the psychological barrier of $130 was broken and the price kept driving. Pretty basic trading philosophy. It will most likely correct and come back down in the next few days on profit-taking, then begin to move back up again.
Just noticed my custom, haha. Yay!
Mobil on Seneca and Orchard Park Road
87- $4.05
89- $4.19
93- $4.32
diesel $4.95
:jawdrop:
Lies… You are the CT masta!!