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Just wait til the inflationary aspects of the recent Treasury/Federal Reserve involvements in the financial sector hits. Will you still blame OPEC then?
$4trillion injected over the past 6 months just based on the articles I've read. This doesn't include the bailout money.
is your expert the attendant at your local station?
The attendant at your local station probably wants to never see high gas prices again so people will quit going in there angrily blaming him for the cost of gas that he has no control over. Moreover, gas stations make little if any profit actually selling gas.
I might be wasting my time trying to explain this to anyone who is uninformed enough (granted, you didn't start this topic and name it) to think that OPEC has any direct influence over gasoline prices. They can only affect their output of crude oil, which is refined into gasoline, and their talk of pulling back has had little effect slowing the slide of crude prices so far due to slowing global demand and the correction of a speculative bubble in the market.
We could spend less money on this technology than we have spent in Iraq to fuel our growth with little adverse effect.
Also, hemp, switchgrass, and sugar beets need to be looked at.
I will add used cooking oil to that list. You see a guy or gal every so often on the local news who has powered their vehicle to run on used cooking oil. It would help out seeing as we are a country of lard-a--es!!! Me included...lol
I might be wasting my time trying to explain this to anyone who is uninformed enough (granted, you didn't start this topic and name it) to think that OPEC has any direct influence over gasoline prices. They can only affect their output of crude oil, which is refined into gasoline, and their talk of pulling back has had little effect slowing the slide of crude prices so far due to slowing global demand and the correction of a speculative bubble in the market.
So you're telling us that with global demand decreasing, we should expect supply to decrease as well? That sounds like free market thinking. That's not how we do it in America.
I will add used cooking oil to that list. You see a guy or gal every so often on the local news who has powered their vehicle to run on used cooking oil. It would help out seeing as we are a country of lard-a--es!!! Me included...lol
The attendant at your local station probably wants to never see high gas prices again so people will quit going in there angrily blaming him for the cost of gas that he has no control over. Moreover, gas stations make little if any profit actually selling gas.
I might be wasting my time trying to explain this to anyone who is uninformed enough (granted, you didn't start this topic and name it) to think that OPEC has any direct influence over gasoline prices. They can only affect their output of crude oil, which is refined into gasoline, and their talk of pulling back has had little effect slowing the slide of crude prices so far due to slowing global demand and the correction of a speculative bubble in the market.
I agree somewhat on OPEC, however you are wrong about the stations not making much money on gasoline. If they only make a couple pennies per gallon on gas, they wouldn't be in business. Most people don't even go inside to pay for gas anymore, so that rules out the owner making money on snacks. The bottom line is when the "boss" calls the station and tells them to raise the price three times in one hour, they are adjusting their profit. These station owners are in business for a reason. Like I said, if gasoline sales weren't profitable, they wouldn't sell it.
Why is it so hard to want an ALTERNATE form of energy? Are you AFRAID of change? Do you really think drilling, which is not progress by the way, will really help? It will be 10 years before the first drop hits a gas tank. How about continuing to cut back? Oh...that's right. We need oil to power that big Chevy Suburban that drives a 3-person family. Years of greed and excess, this is what you get.
Biofuel
Electricity
Solar
Wind
Fuel Cell
THESE are the true answer to our fuel problems. When you master the alternate forms of energy, you truly become independent and will choke the Middle East off the map. If we can go to the freaking moon in 1969 in a rocket with computers that would pale in comparison to even our worst home PC's, we can master alternate forms of energy to power our cars. God, has this country become lazy!!! Stop thinking like a caveman!!!
I agree that we need alternative fuel cars. But you apparently haven't considered that they currently aren't affordable for many Americans or even widely available! It will take a VERY LONG TIME to finesse the technology enough to make the cars affordable enough for average folks to buy and to increase the supply of them.
in 2004, I was third on a waiting list for six months to buy a Toyota Prius and the list never moved. My car bit the dust and I had to buy something else -- a Saab sport wagon that gets very good gas mileage. A few months after buying the Saab, I called the Toyota dealer to see how much the list had moved. They had only received ONE Prius. I would have been on that waiting list for two years at that rate!
We're NOT THERE and it will take a while to get there. In the meantime, we need to expand our domestic oil sources.
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