Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Why do people still think that Biden caused inflation and the high gas prices?!?
Because they don't want to blame capitalism and the big oil companies that lobby and bankroll their favorite candidates.? On another note, I predict that freezing the federal gas tax of $.18 will just see the oil companies raise the price of oil correspondingly and thus create more profits for their stockholders, free rent!...good grief. Price gouging is happening and just because the cost of a barrel of oil is up doesn't correspond with the whole record profits thing.
Why do people still think that Biden caused inflation and the high gas prices?!?
Because they don't want to blame capitalism and the big oil companies that lobby and bankroll their favorite candidates.? On another note, I predict that freezing the federal gas tax of $.18 will just see the oil companies raise the price of oil correspondingly and thus create more profits for their stockholders, free rent!...good grief. Price gouging is happening and just because the cost of a barrel of oil is up doesn't correspond with the whole record profits thing.
I have to double check but I believe we were producing the same amount of oil for the past few years? I know we had a peak of 14 million barrels at one time.
In 2008 oil rose to 132+ a barrel and gas maxed out at $3.80. Today's current price is about $104 a barrel with an average US gallon of gas costing $4.92..What gives? How is this not price gouging?
In 2008 oil rose to 132+ a barrel and gas maxed out at $3.80. Today's current price is about $104 a barrel with an average US gallon of gas costing $4.92..What gives? How is this not price gouging?
what refineries are off line due to accident or maintenance? you must also account for demand. how many more cars and especially trucks and suv's are on the roads compared to then? which isnt to say they arent gouging but we also have to factor that stuff in.
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
In 2008 oil rose to 132+ a barrel and gas maxed out at $3.80. Today's current price is about $104 a barrel with an average US gallon of gas costing $4.92..What gives? How is this not price gouging?
what refineries are off line due to accident or maintenance? you must also account for demand. how many more cars and especially trucks and suv's are on the roads compared to then? which isnt to say they arent gouging but we also have to factor that stuff in.
When you have the ability to uncap wells and turn the spigot on and you don’t because profits are so good, that’s a form of gouging.
There isn’t a shortage of oil and now the refineries are switching over not 6 months or 18 months ago when prices started to rise.
In 2008 oil rose to 132+ a barrel and gas maxed out at $3.80. Today's current price is about $104 a barrel with an average US gallon of gas costing $4.92..What gives? How is this not price gouging?
what refineries are off line due to accident or maintenance? you must also account for demand. how many more cars and especially trucks and suv's are on the roads compared to then? which isnt to say they arent gouging but we also have to factor that stuff in.
When you have the ability to uncap wells and turn the spigot on and you don’t because profits are so good, that’s a form of gouging.
There isn’t a shortage of oil and now the refineries are switching over not 6 months or 18 months ago when prices started to rise.
my conspiracy mind also says that the fossil fuel industry wants to make brandon look bad so he either capitulates and moves away from the green energy movement, or they get a more Fossil Fuel friendly administration in 2 years. Unprovable of course.
In 2008 oil rose to 132+ a barrel and gas maxed out at $3.80. Today's current price is about $104 a barrel with an average US gallon of gas costing $4.92..What gives? How is this not price gouging?
what refineries are off line due to accident or maintenance? you must also account for demand. how many more cars and especially trucks and suv's are on the roads compared to then? which isnt to say they arent gouging but we also have to factor that stuff in.
When you have the ability to uncap wells and turn the spigot on and you don’t because profits are so good, that’s a form of gouging.
There isn’t a shortage of oil and now the refineries are switching over not 6 months or 18 months ago when prices started to rise.
my conspiracy mind also says that the fossil fuel industry wants to make brandon look bad so he either capitulates and moves away from the green energy movement, or they get a more Fossil Fuel friendly administration in 2 years. Unprovable of course.
I think it ends up accelerating the switch to ev, prob will be the infrastructure needed to power reliably and in ideal locations.
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
In 2008 oil rose to 132+ a barrel and gas maxed out at $3.80. Today's current price is about $104 a barrel with an average US gallon of gas costing $4.92..What gives? How is this not price gouging?
Biden.
1995 Milwaukee 1998 Alpine, Alpine 2003 Albany, Boston, Boston, Boston 2004 Boston, Boston 2006 Hartford, St. Paul (Petty), St. Paul (Petty) 2011 Alpine, Alpine 2013 Wrigley 2014 St. Paul 2016 Fenway, Fenway, Wrigley, Wrigley 2018 Missoula, Wrigley, Wrigley 2021 Asbury Park 2022 St Louis 2023 Austin, Austin
Regarding gas prices...I find it interesting that when oil companies jack up the prices everyone gets up in arms either at them or at elected officials. Raise the rent 20%? That's just the market; people can always resort to living in shelters. Gas is expensive? That's unfair and I won't resort to any of several possibilities to save on my fuel consumption.
Maybe it wasn't a good idea to put our entire economy into something that's both finite and market driven. In a sense, a century of cheap gas was one of the worst things to happen because it led to development patterns that have us driving everywhere, people thinking nothing of spending thousands extra for a vehicle that gets half the MPG of something that would serve their purpose just as well, and convenience-driven behavior based on the assumption that this finite resource is infinite.
Go ahead and drill...but the resource remains finite and there are a lot of behaviors and technologies that should have been improved decades ago.
1995 Milwaukee 1998 Alpine, Alpine 2003 Albany, Boston, Boston, Boston 2004 Boston, Boston 2006 Hartford, St. Paul (Petty), St. Paul (Petty) 2011 Alpine, Alpine 2013 Wrigley 2014 St. Paul 2016 Fenway, Fenway, Wrigley, Wrigley 2018 Missoula, Wrigley, Wrigley 2021 Asbury Park 2022 St Louis 2023 Austin, Austin
Regarding gas prices...I find it interesting that when oil companies jack up the prices everyone gets up in arms either at them or at elected officials. Raise the rent 20%? That's just the market; people can always resort to living in shelters. Gas is expensive? That's unfair and I won't resort to any of several possibilities to save on my fuel consumption.
Maybe it wasn't a good idea to put our entire economy into something that's both finite and market driven. In a sense, a century of cheap gas was one of the worst things to happen because it led to development patterns that have us driving everywhere, people thinking nothing of spending thousands extra for a vehicle that gets half the MPG of something that would serve their purpose just as well, and convenience-driven behavior based on the assumption that this finite resource is infinite.
Go ahead and drill...but the resource remains finite and there are a lot of behaviors and technologies that should have been improved decades ago.
how can it be a finite resource if there's no such thing as fossils? they just fuels, man!
"Oh Canada...you're beautiful when you're drunk" -EV 8/14/93
0
brianlux
Moving through All Kinds of Terrain. Posts: 42,288
This subject very much seems to be relevant again where I live and I'm wonder if the same is true else where. I'm noticing a lot of items running low or not available and stores understaffed. Examples:
Our grocery store is way understaffed. My dentist today said the were very low on certain supplies for their office. Haven't been able to get peanuts in shells for my wife lately. The pharmacy was our of a few things I was looking for today.
TP and tissues are in three stores here.
Maybe it's just a local thing. What about your way?
"Pretty cookies, heart squares all around, yeah!" -Eddie Vedder, "Smile"
In 2008 oil rose to 132+ a barrel and gas maxed out at $3.80. Today's current price is about $104 a barrel with an average US gallon of gas costing $4.92..What gives? How is this not price gouging?
I think during the last big drop in oil prices that energy companies realized the money's in gas and not in oil so margins for refineries went up.
In addition there's the current challenge that refineries are expensive, cost about 10 billion dollars and generally take something like 50 years to pay off. With the whole clean energy movement, and the push to burn less fossil fuels, I think it's getting almost impossible to justify building new refineries. Sure there's demand for it now, but will there continue to be demand 20 to 30 years down the road to pay it off kind of thing.
From what I've read a handful of refineries were decommissioned over the past few years, and few were converted to refine other things, and the refining capacity is lower than it was before covid. It's been a long while since new gas refineries were built in Canada or the US :(
I am now paying 33% more for my groceries. This has to do with fuel prices I guess and inflation?
My usual bill was around 200 or so. I am now at almost $300.
Eat less and work harder, you lazy SOB.
Critical to a well-oiled economy, productivity is also the ultimate driver of standards of living: Higher productivity eventually translates to more goods and services available at a lower cost, and increased wages for workers, meaning higher productivity also combats inflation.
Rising productivity is a key lever against inflation, as workers producing more with less allows for relief from rising prices.
I am now paying 33% more for my groceries. This has to do with fuel prices I guess and inflation?
My usual bill was around 200 or so. I am now at almost $300.
Eat less and work harder, you lazy SOB.
Critical to a well-oiled economy, productivity is also the ultimate driver of standards of living: Higher productivity eventually translates to more goods and services available at a lower cost, and increased wages for workers, meaning higher productivity also combats inflation.
Rising productivity is a key lever against inflation, as workers producing more with less allows for relief from rising prices.
I am now paying 33% more for my groceries. This has to do with fuel prices I guess and inflation?
My usual bill was around 200 or so. I am now at almost $300.
Eat less and work harder, you lazy SOB.
Critical to a well-oiled economy, productivity is also the ultimate driver of standards of living: Higher productivity eventually translates to more goods and services available at a lower cost, and increased wages for workers, meaning higher productivity also combats inflation.
Rising productivity is a key lever against inflation, as workers producing more with less allows for relief from rising prices.
I am now paying 33% more for my groceries. This has to do with fuel prices I guess and inflation?
My usual bill was around 200 or so. I am now at almost $300.
Eat less and work harder, you lazy SOB.
Critical to a well-oiled economy, productivity is also the ultimate driver of standards of living: Higher productivity eventually translates to more goods and services available at a lower cost, and increased wages for workers, meaning higher productivity also combats inflation.
Rising productivity is a key lever against inflation, as workers producing more with less allows for relief from rising prices.
I think it's safe to say that we don't have a "supply chain" issue anymore.
So why in the hell are car prices so high and companies not making as many?
Greed.
Why else would there be no cars on the lots? Just make fewer and sell them for more. It's an amazing tactic and why I'll drive my truck into the ground.
Comments
because fox news said so?
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
There are no kings inside the gates of eden
-EV 8/14/93
-EV 8/14/93
Libtardaplorable©. And proud of it.
Brilliantati©
In Hong Kong & Norway you can pay over $10.00 a Gallon
In Germany it can be around $7.50 and in France about $8.00 a Gallon
Is that, any, U. S. Presidents fault too?
I was too tired to ask him what a new administration would be able to do about a global problem.
I'm so fucking tired
There are no kings inside the gates of eden
what refineries are off line due to accident or maintenance? you must also account for demand. how many more cars and especially trucks and suv's are on the roads compared to then? which isnt to say they arent gouging but we also have to factor that stuff in.
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
There are no kings inside the gates of eden
I think it ends up accelerating the switch to ev, prob will be the infrastructure needed to power reliably and in ideal locations.
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
2013 Wrigley 2014 St. Paul 2016 Fenway, Fenway, Wrigley, Wrigley 2018 Missoula, Wrigley, Wrigley 2021 Asbury Park 2022 St Louis 2023 Austin, Austin
Maybe it wasn't a good idea to put our entire economy into something that's both finite and market driven. In a sense, a century of cheap gas was one of the worst things to happen because it led to development patterns that have us driving everywhere, people thinking nothing of spending thousands extra for a vehicle that gets half the MPG of something that would serve their purpose just as well, and convenience-driven behavior based on the assumption that this finite resource is infinite.
Go ahead and drill...but the resource remains finite and there are a lot of behaviors and technologies that should have been improved decades ago.
2013 Wrigley 2014 St. Paul 2016 Fenway, Fenway, Wrigley, Wrigley 2018 Missoula, Wrigley, Wrigley 2021 Asbury Park 2022 St Louis 2023 Austin, Austin
-EV 8/14/93
My dentist today said the were very low on certain supplies for their office.
Haven't been able to get peanuts in shells for my wife lately.
The pharmacy was our of a few things I was looking for today.
-Eddie Vedder, "Smile"
Arizona stacks shipping containers along the border | CNN
Libtardaplorable©. And proud of it.
Brilliantati©
My usual bill was around 200 or so. I am now at almost $300.
Critical to a well-oiled economy, productivity is also the ultimate driver of standards of living: Higher productivity eventually translates to more goods and services available at a lower cost, and increased wages for workers, meaning higher productivity also combats inflation.
Rising productivity is a key lever against inflation, as workers producing more with less allows for relief from rising prices.
Gift article:
https://wapo.st/3Doghrn
Libtardaplorable©. And proud of it.
Brilliantati©
Well now. Let's scare everyone into thinking we are running out of Diesel...
Libtardaplorable©. And proud of it.
Brilliantati©
So why in the hell are car prices so high and companies not making as many?
Greed.
Why else would there be no cars on the lots? Just make fewer and sell them for more. It's an amazing tactic and why I'll drive my truck into the ground.
Thoughts?
https://jacobin.com/2023/06/inflation-prices-profits-car-dealerships-controls