A Gallon of Gas in Saudi Arabia
Strangest Tribe
Posts: 2,502
is only .45 cents....
That's right!!!!
.45 cents per gallon.
yeah, supply and demand and shortages and oil fields gone dry and we need to drill Alaska.... it's all Bullshit
just Bullshit
That's right!!!!
.45 cents per gallon.
yeah, supply and demand and shortages and oil fields gone dry and we need to drill Alaska.... it's all Bullshit
just Bullshit
the Minions
Post edited by Unknown User on
0
Comments
If I opened it now would you not understand?
yeah, it's called the Bush Doctrine
Gambling=a taxation on stupidity.
Remember, you can walk anywhere, as long as you have the time.
http://www.ryanmontbleauband.com/
http://www.myspace.com/jessedee
Well there are a few factors you are not taking into consideration.
1. Transportation costs. Saudi Arabia does not have to incur the transportation costs we do in order to get their oil.
2. Supply and Demand. Saudi Arabia does not consume even remotely near the amount of oil we do per capita. So their supply far out weighs their demand.
Gambling=a taxation on stupidity.
Remember, you can walk anywhere, as long as you have the time.
http://www.ryanmontbleauband.com/
http://www.myspace.com/jessedee
Yep...it's called a lot of things.
I vote for building a refinery in your backyard.
Hail, Hail!!!
Gambling=a taxation on stupidity.
Remember, you can walk anywhere, as long as you have the time.
http://www.ryanmontbleauband.com/
http://www.myspace.com/jessedee
I understand that.
It's even cheaper in Venezuela.
It's only about $1.50 in the former Soviet Union.
Why isn't it cheaper in Texas or Alaska???
Plus what do you think the average family income is in Saudi Arabia? I would bet it is probably a lot less than that for a family in the US. According to a link I found minimum wage for actual Saudi Citizens is about 400 bucks a month. Even less for non-citizen workers. If people are only making that much money and you charge them 4-5 bucks a gallon they won't sell anything.
Iraq
Supply and demand. Our demand for oil, per capita, is far greater than any of the countries you mentioned. Venezuela and Russia produce their own oil so again the cost of transportation for them is far less than for us. If you want an accurate picture you need to compare what we pay to what a country like China pays.
Gambling=a taxation on stupidity.
Remember, you can walk anywhere, as long as you have the time.
http://www.ryanmontbleauband.com/
http://www.myspace.com/jessedee
"Environazis" have nothing to do with not allowing refineries to be built. It hasn't gotten that far because nobody wants another refinery built in their back yard. Also, most "Environazis" would probably argue that we shouldn't still be relying on oil to power our cars in the first place. Or at the very least we should have done more to reduce our need for oil by insisting on more fuel efficient vehicles.
That's a nation, not an answer to my question.
Of course it does. Things cost more in areas where people make more money because the sellers know there customers have more money. If people in an area aren't making much money sellers have to drop their prices or they won't be able to sell anything. If everyone in a town is only making a dollar a month, no landlord can charge $100 a month rent or none of them will make any money.
Gambling=a taxation on stupidity.
Remember, you can walk anywhere, as long as you have the time.
http://www.ryanmontbleauband.com/
http://www.myspace.com/jessedee
Your question was a suggestion about oil rights?
My question is who owns the oil and it's rights in Iraq?
Taxpayers are shelling out billions per week to guard whose oil?
Economically and fiscally speaking, I understand the points being made here.
What I'm not sure I understand is the disparity in oil prices globally.
If it cost X number of $ to drill, remove and refine the oil ...then oil rich
nations certainly pay more than X for their gasoline. So in Saudi Arabia what is the actual cost of crude? Who is drilling it? Its not the Chinese or the Indians right? So how is it by my calculations 20X by the time it gets here?
My question was whether or not you think you have a right to oil in another nation. Do you?
For the record, gas in Saudi Arabia is cheap because of a) low domestic demand b) high domestic supply c) subsidized pricing. Saudi Arabia has a nationalized oil company and nationalized refinery. Prices there are not set by the market, but rather by Saudi Aramco, the state-owned energy company. Saudi Aramco could effectively give away gas in Saudi Arabia if it wanted to without much effect.
For the record that would mean it's not a publically available company right?
So the richest people in saudi arabia have connections with the government?
good question, deals with supply, from pulling it out of the ground to quality of what they get, to tanker and shipping costs, to refinery, to special blend, to additional transit costs... etc.
The further it is away, the more expensive it is due to transit costs... tarriffs etc.
As per the other question, yes US troops are guarding Iraqui oil.
If US based petroleum companies are drilling, transporting and refining Mid-East oil the Saudis can afford to sell it at .45 cents per gallon. IF the demand coming from China and India exceeds the supply and those countries are forcing our own US companies to raise gas prices internationally doesn't that hurt our dollar even more?
Essentially, we can only point the finger at ourselves.
Saudi Aramco is not a publicly traded firm, no.
http://en.wikipedia.org/wiki/Saudi_Aramco
LOL...the richest people in Saudi Arabia are the government.
No, I don't have a right to anyone else's oil.
But, when my own country has it's hands elbow deep in my pockets with a war overseas and a lot of coin is being dropped, I have a right to honest answers. When the answers are malodorous... Such as why we are there fighting... Why are we hurting ourselves.... Why are the oil companies turning billions of profits....
And, it's the same shit answers over and over... Like supply and demand... And weak economically....
C'mon someone's fucking all the pretties at this party and the rest of us are footing the bill.
We are not 'there fighting' if by there you mean Saudi Arabia. We are fighting in Iraq and hurting ourselves because of this country's stupidity and fear following 9/11.
The oil companies are turning billions in profits largely because of increased demand for their products vis a vis limited or threatened supplies of our consumables created from their products. This isn't complicated in the least bit.
Just because answers aren't what you want them to be doesn't mean they are "malodorous".
The sad thing is that you are claiming to be "looking for answers" when in fact you already have created those answers in your head, regardless of reality.
No, I wish I had the answers. But I don't think you do either...
Those same answers came from the ENRON camp a few years ago.
Yep
It's cheaper than water!
Don't drill Alaska!
naděje umírá poslední