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community.msgnetwork.com Forums General Discussion General Talk Why did oil proces really go down?
community.msgnetwork.com Forums General Discussion General Talk Why did oil proces really go down?|
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Major Leagues |
We all know that the evil Bush raised oil prices to help his family all his cronies and the evil Bush to get rich. This is what all my liberals friends have told me.
But now that the price has come down is this another evil Bush administration plan about to be hatched. I would like the libs here to try to answer this one. Remember it's all Bush's fault. |
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Major Leagues |
Not being a "lib" I'll try to answer this one. His "friends" have gotten their pound of flesh from the American public and have probably proceded to more lucrative ventures like the next bailout to line the coiffers of various CEOs. But Bush better hurry because come Jan. 20, 2009 his friends will have to find another way to shaft the public.
Either the above is true or his friends just ran out of ky jell. |
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Major Leagues |
It's just his plan to cause us to buy more gas, resulting in global warming. Sea levels will rise and people drown. Then his friends in the boat building business will get rich. Al Gore is wise to him and has already bought his 100 ft houseboat.
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General Manager |
The market for gas significantly decreased when prices went through the roof. Supply and demand though the degree of price decrease is rather stunning.
But considering the push for alternative sources of fuel and hybrid vehicles, it's in the oil companies better interest to keep the price of gas low so the general public isn't all that eager - reduce urgency - to shift energy sources to alternatives where the oil companies will need to better diversify and spend tons of money in innovation in order to keep up. |
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All Star |
Typically and mysteriously prices usually go up around Memorial Day. They tend to start going down after Labor Day. They know what they are doing. Prime time when people are out and about prices peak. When we start hybernating for the winter, prices drop.
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Major Leagues |
You are not going to see anything significant for 10 years. They have to design and make the cars, the ones they have designed now do not offer enough of a savings for the consumer to want to buy them. Then the infrastructure to supply the fuel has to be built. Not to forget to make the fuel. Then the people have to buy them. A lot of people can't afford $30,000 hybrids. Then if you are talking electric cars, they have to be designed to go for more than 250 miles on a charge and then they will put more of a burden on the electrical infrastructure. Then if you want to talk green , where do you put all the dead batteries when their useful life is over. This is just the tip of the iceberg. Oil will be here for a long time, to be used to make gas and fuel the cars. That is why we need to use our own oil. |
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Major Leagues |
Prices go up in May because refineries are shut down for maintenance. We could have more refineries in the US, but the left would never let that happen.
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General Manager |
I agree the transition will take time and we will continue the need for oil, but nothing woke up consumers to the need for that shift better than obscene gas prices. Consumers would likely be more patient for a slower transition if they can keep their previous lifestyle - i.e., able to afford gas and not have to crazily cut back or deal with a new system of automobiles and how they're powered. People like status quo. But if gas rises again in capacity that makes consumers worry, I think the urgency for alternative energy will be huge. Oil companies play off consumer confidence and perception and can reasonably expect that the urgency for the shift will decrease as long as gas remains affordable or even lower than expected. It's in their interests to keep supply adequate and gas affordable or people will cut back their usage. |
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General Manager |
Obviously "we" the United States, must be drilling more. After all that is what we were hearing from the DRILL BABY DRILL crowd just a few weeks ago.  |
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MSG.com community.msgnetwork.com Forums General Discussion General Talk Why did oil proces really go down?
community.msgnetwork.com Forums General Discussion General Talk Why did oil proces really go down?