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Old 04-23-2008, 12:13 PM
 
2,078 posts, read 1,846,903 times
Reputation: 1463

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i read this intresting article on how there really is no gas shortage and even though we are using less gas, prices are going up

They see speculation in the market, I see decline in global inventories. I don't think this is a big surprise, that we've had a jump in price when there has been a decrease in crude inventories."— Energy Secretary Sam Bodman, Bloomberg News, Mar. 5, 2008

"It should be obvious to you all that the [gasoline] demand is outstripping supply, which causes prices to go up." — President George W. Bush, Associated Press, Mar. 5, 2008

One wonders if verifiable facts ever get in the way of this administration's statements on issues that are critical to the average American's wellbeing.

MOD CUT


There Is No Gas Shortage (http://www.businessweek.com/lifestyle/content/apr2008/bw2008041_945564_page_3.htm - broken link)

Last edited by NewToCA; 04-23-2008 at 04:48 PM.. Reason: copyright
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Old 04-24-2008, 08:33 AM
 
19,183 posts, read 28,371,569 times
Reputation: 4002
Great news, isn't it? An economy based on profiteering. A few strike it rich, and the rest go down the dumper. Welcome once again to the latest version of laissez-faire, free-market capitalism. This has all really worked out so well for us...I'm sure we can all agree on that...
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Old 04-24-2008, 08:56 AM
 
Location: Washington DC
5,915 posts, read 7,254,882 times
Reputation: 948
Nonsense, the big bad boogie man is Americans driving gas guzzlers.
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Old 04-24-2008, 10:22 AM
 
411 posts, read 712,863 times
Reputation: 119
Oil: How High from Here?

Quote:
But some traders are betting that low interest rates, a feeble dollar, and robust demand from China and India will keep demand for energy stoked and prices high. Fadel Gheit, senior energy analyst for Oppenheimer (OPY), says unless the U.S. government steps in to rein in speculators' power in the market, prices will just keep going up. He says the U.S. has been "unable or unwilling" to regulate oil markets, which proves a convenient way to contain the growth of China and spur energy conservation in the U.S.

"We're tolerating high prices for a reason," says Gheit. "No one has the courage to give us the bitter medicine of high taxes, so speculators have control of this market. There is no conductor on this train."
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Old 04-24-2008, 10:26 AM
 
Location: Pinal County, Arizona
25,107 posts, read 35,190,408 times
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Quote:
Originally Posted by rlchurch View Post
Nonsense, the big bad boogie man is Americans driving gas guzzlers.
Define "Gas Guzzler"
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Old 04-24-2008, 10:28 AM
 
Location: Willow Spring, North Carolina
473 posts, read 1,594,901 times
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Quote:
Originally Posted by rlchurch View Post
Nonsense, the big bad boogie man is Americans driving gas guzzlers.
So you are saying we have to put a cap on how many kids we can have in order to fit them in a small compact non gas guzzler? Not fair. Just because some Americans own large vehicles, they aren't doing it for the joy of guzzling gas. If I could own a small car that would be great, I would. I have 4 kids, 3 in car seats of some sort that would NOT fit in Honda Accord's backseat at the same time. Doesn't take a brain surgeon to figure that out. Minivans are not the worst gas guzzler but get similar MPG to SUVs and are FAR from 35 MPG, but it fits our lifestyle, what can we do otherwise? Leave a kid home?

Just my 2 cents.
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Old 04-24-2008, 10:32 AM
 
411 posts, read 712,863 times
Reputation: 119
Most mothers with 4 kids on this planet don't have minivans and SUVs. It's your lifestyle, don't blame children.
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Old 04-24-2008, 10:33 AM
 
21,044 posts, read 19,553,037 times
Reputation: 5930
I believe we ( world "we")have plenty of gas and oil.

I also believe price is controlled by the oil companies and has nothing to do with any "market". The powers inside the oil companies have no laws to follow, no laws they HAVE to follow, and NO need to divulge the truth about anything to anybody.... and can charge any price they want..... AND control the facts about how much there really is.

Sure, it's stupid to drive an SUV you don't need but even if we could all switch to electric cars tomorrow:

A) Oil companies wouldn't allow it ...they haven't for 100 years and they won't now.


B) Oil is used for a lot more than driving cars.

C) Electric cars use batteries with horrible pollutants(nickel).


D) LOTS of people drive cars that have "good" gas mileage and the price of gas has still gone up.

E) Gas mileage on regular cars and trucks COULD be better but why do you think it isn't? You and I would save money but would the oil companies?
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Old 04-24-2008, 10:35 AM
 
Location: Pinal County, Arizona
25,107 posts, read 35,190,408 times
Reputation: 4899
Quote:
Originally Posted by Frenchman View Post
Most mothers with 4 kids on this planet don't have minivans and SUVs. It's your lifestyle, don't blame children.
Families with many children need vehicles that fit the requirements of that family. Often, it is not only the individuals children but, and this is common today, their participation in activities of their children and sharing "duties" with other families such as transportation of not only their children but others to activities such as soccer, little league, scouts and so on.
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Old 04-24-2008, 10:37 AM
 
10,543 posts, read 12,008,091 times
Reputation: 2798
Quote:
Originally Posted by Frenchman View Post
Most mothers with 4 kids on this planet don't have minivans and SUVs. It's your lifestyle, don't blame children.
That's true. She just happens to have a lifestyle that involves being involved with her kids and taking them places.
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