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Old 03-20-2008, 09:51 PM
 
Location: Pinal County, Arizona
25,100 posts, read 39,126,235 times
Reputation: 4937

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Quote:
Originally Posted by BLAZER PROPHET View Post
Good list. However, you forgot to add oil thirsty people in large SUV's.
You forgot all the 18 wheelers - 4 / 5 mpg.

You forgot all the gas / diesel pusher 40 ft motorhomes - 5 / 6 mpg
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Old 03-20-2008, 10:25 PM
 
Location: Great State of Texas
86,052 posts, read 84,131,087 times
Reputation: 27718
No one mentioned Peak Oil so I'll throw it in there.
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Old 03-20-2008, 11:26 PM
 
1,573 posts, read 4,050,485 times
Reputation: 527
Runaway inflation- your dollar purchases less gas. Ever notice lately whenever the Fed cuts interest rates, the stock market instantly goes up, and so does gold?
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Old 03-21-2008, 08:06 AM
 
3,150 posts, read 8,679,677 times
Reputation: 897
Quote:
Originally Posted by HappyTexan View Post
No one mentioned Peak Oil so I'll throw it in there.
Thats because peak oil mystically rises every 10-20 years.
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Old 03-21-2008, 08:10 AM
 
Location: Londonderry, NH
41,478 posts, read 59,540,014 times
Reputation: 24856
No monopoly has ever created more profit by producing as much as it possibly can. Profits are made by increasing demand and restricting supply in order to drive up the price. As profits are the Holy Grail of business this is perfectly natural and proper.
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Old 03-21-2008, 08:21 AM
 
Location: Central CT, sometimes FL and NH.
4,476 posts, read 6,729,813 times
Reputation: 5883
China and the dropping dollar are the two largest reasons for higher oil prices. It is a combination of increased world demand and the inverse relationship of the dollar/world clearing price.

Instead of drilling for more we should just set our national initiative to find a way to develop alternate renewable energy products. Germany has jumped into solar in a big way and plans to have a minimum of 20% of its electricity generated by this method by 2020. We currently have a total of 1% coming from solar, wind, and other green sources.

It's time to step up. We set an initiative in the 60s in our race to the moon, we should set a similar initiative for becoming energy independent. We shouldn't let our national security and prosperity be held to the motivations of other players such as the Middle East, China, and Russia to name a few.

We need to step beyond the influence of some of our multinational conglomerates who are fattening the pockets of the few at the expense of the many.
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Old 03-21-2008, 12:31 PM
 
3,695 posts, read 11,337,018 times
Reputation: 2651
Quote:
Originally Posted by pghquest View Post
Bush didnt help but the problem started way before him.
1) Environmentalists who wont let us look for more fuel
2) Clinton who campaigned to OPEC that they should raise prices and lower supply
3) Congress for raising taxes
4) Federal Reserve for making cash to easy to get for to long, which lowered the value of the dollar
5) Iraq war
6) Katrina
7) OPEC of course who listened to Clinton
8) Speculators on Wal-Street
9) and finally Bush who has done nothing to fend off the high cost of oil.
You left out the key principle of economics - demand.
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Old 03-21-2008, 12:32 PM
 
Location: New Jersey
2,662 posts, read 3,814,939 times
Reputation: 580
Quote:
Originally Posted by johnherrera305 View Post
Who's to blame for the high price of Oil and Gas?

Bush? The Congress? Bin Laden? The mortgage meltdown?
I read today the democratic rep Dingell from Michigan wants to add another 50-cent tax to a gallon of gasoline. Surprise. Another dem approach to a problem. Tax it further.
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Old 03-21-2008, 12:50 PM
 
Location: Charlotte, NC (in my mind)
7,943 posts, read 17,185,561 times
Reputation: 4680
Our society has a habit of taking two steps backwards for every one step forward in fuel efficiency technology. Most Americans today prefer to live in a gated McMansion community miles and miles from their jobs, and they prefer to make that commute in a low MPG SUV. Americans hate everything sustainable and walkable and good for the environment, and go crazy over strip malls, Wal-Marts, and 12-lane freeways for commuting from the cookie cutter suburbs.

1988: Average MPG for all cars sold - 22.8; average commute - 26 minutes
2007: Average MPG for all cars sold - 16.7; average commute - 30 minutes

The American Dream(TM) is to live in a 3500sq foot home in a gated community 60-90 miles from work. That commute is to be made in nothing less than a Hummer or Excursion.
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Old 03-21-2008, 01:02 PM
 
20,187 posts, read 23,747,485 times
Reputation: 9283
I choose where I live because of my surroundings, schools, and HOME. I don't choose it because of the price of gas or what other people think... I drive what I drive because I enjoy driving it, I guess I could be miserable driving something I don't like or living in a place I don't love... I prefer not to be miserable... oh, it just so happens I like to drive a hybrid... and it wasn't because of gas prices... if I like to drive a gas guzzler, then so be it, but I wouldn't complain about gas prices either... I drive what I like and I live where I love to live in.. that means forget the 200 sq feet apartments and broken down houses...
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