Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > New York > Long Island
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 10-18-2022, 05:59 AM
 
Location: Stony Brook
2,897 posts, read 4,410,313 times
Reputation: 2752

Advertisements

Quote:
Originally Posted by sabbathunter View Post
I know it isn't always easy to bring the refineries back on line. But economically feasible? Bull. The oil companies are showing record profits. They can afford to spend a little bit of those record profits on bringing them online.
Why would they, when they don't have too? We are f'd. Oil has always controlled us, and always will.
Reply With Quote Quick reply to this message

 
Old 10-18-2022, 11:21 AM
 
3,852 posts, read 4,522,415 times
Reputation: 4516
Quote:
Originally Posted by sabbathunter View Post
I know it isn't always easy to bring the refineries back on line. But economically feasible? Bull. The oil companies are showing record profits. They can afford to spend a little bit of those record profits on bringing them online.
You really have no idea what you're talking about. Oil companies are making record profits because the price for their product has gone up. The price has gone up because oil is sold on an open world market, and the market has decided that provoking nuclear war with a major oil exporter while shutting down nuclear plants and enacting anti-oil policies makes oil more valuable.

This "energy crisis" is purely political in origin, tied to leftist politicians' anti-fossil fuel policies coming home to roost (along with the Russia issue).

https://michaelshellenberger.substac...-on-gas-prices
Reply With Quote Quick reply to this message
 
Old 10-18-2022, 11:52 AM
 
Location: Stony Brook
2,897 posts, read 4,410,313 times
Reputation: 2752
Quote:
Originally Posted by Interlude View Post
You really have no idea what you're talking about. Oil companies are making record profits because the price for their product has gone up. The price has gone up because oil is sold on an open world market, and the market has decided that provoking nuclear war with a major oil exporter while shutting down nuclear plants and enacting anti-oil policies makes oil more valuable.

This "energy crisis" is purely political in origin, tied to leftist politicians' anti-fossil fuel policies coming home to roost (along with the Russia issue).

https://michaelshellenberger.substac...-on-gas-prices
Lmfao, a new tax on oil producers. Who do you think will pay that? Yes, the consumer, with even higher prices. WTF.
Reply With Quote Quick reply to this message
 
Old 10-18-2022, 12:41 PM
Status: "UB Tubbie" (set 28 days ago)
 
20,066 posts, read 20,877,739 times
Reputation: 16770
Gas prices are artificially deflated as it is with the suspension of some of the gas taxes.
Imagine how high they’d be if they hadn’t done that. What is it like 50 cents a gallon or something in state taxes?
Reply With Quote Quick reply to this message
 
Old 10-18-2022, 12:43 PM
 
Location: Knoxville, TN
11,511 posts, read 6,027,599 times
Reputation: 22576
Quote:
Originally Posted by suzook View Post
Lmfao, a new tax on oil producers. Who do you think will pay that? Yes, the consumer, with even higher prices. WTF.
You get less of what you tax. Sweet. Lets have less supply, which raises prices.
Reply With Quote Quick reply to this message
 
Old 10-18-2022, 01:03 PM
 
Location: New York Area
35,098 posts, read 17,051,842 times
Reputation: 30257
Quote:
Originally Posted by hotkarl View Post
Gas prices are artificially deflated as it is with the suspension of some of the gas taxes.
Imagine how high they’d be if they hadn’t done that. What is it like 50 cents a gallon or something in state taxes?
In New York it's only $0.16 per gallon that is subject to the tax holiday. All the same I think those moves are terrible.
Reply With Quote Quick reply to this message
 
Old 10-18-2022, 05:20 PM
Status: "UB Tubbie" (set 28 days ago)
 
20,066 posts, read 20,877,739 times
Reputation: 16770
Quote:
Originally Posted by jbgusa View Post
In New York it's only $0.16 per gallon that is subject to the tax holiday. All the same I think those moves are terrible.
Some counties suspended their tax as well.
Reply With Quote Quick reply to this message
 
Old 10-18-2022, 05:33 PM
 
3,288 posts, read 2,362,856 times
Reputation: 6735
Oil is not just supply and demand. It is traded in the futures market which greatly affects the price per barrel.
Reply With Quote Quick reply to this message
 
Old 10-18-2022, 06:32 PM
 
Location: New York Area
35,098 posts, read 17,051,842 times
Reputation: 30257
Quote:
Originally Posted by trusso11783 View Post
Oil is not just supply and demand. It is traded in the futures market which greatly affects the price per barrel.
I totally agree. Why can't anyone get that through their head? You can watch the spot price daily or sometimes more often on CNN Commodities (link). For gasoline, add roughly a dollar to the price of Unleaded (less for Costco and other "cheap" stations, up to $2.00 for stations in ritzy areas) and you've got your New York area price.
Reply With Quote Quick reply to this message
 
Old 10-19-2022, 02:46 PM
 
983 posts, read 726,156 times
Reputation: 662
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:




Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > New York > Long Island

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top