Significant Reduction in Petroleum / Gasoline Prices, HOW?

Discussion in 'Economics' started by limitdown, Apr 3, 2006.

What can you do to make these oil prices reasonable?

Poll closed Apr 21, 2006.
  1. Take economic action?

    12 vote(s)
    28.6%
  2. Take political action?

    3 vote(s)
    7.1%
  3. Do both?

    10 vote(s)
    23.8%
  4. Do nothing?

    17 vote(s)
    40.5%
  1. Well perhaps doing nothing is the route to take and the cure for the high prices will be the high prices and perhaps recession - or recession wherever our manufacturing is done now.

    My hat's off to the one coining "Oil Administration" -- makes me think of the trusts and lobbies controlling Congress in the Gilded Age after the Civil War.

    Here's a chart of Bush Approval plotted against the reciprocal of gasoline:

    http://www.pollkatz.homestead.com/files/NEWBUSHINDEX_28670_image001.gif
     
    #121     May 1, 2006
  2. just curious,

    how many have contacted their State Senators? regarding this thread?

    these 100 powerful men and women in combination outweigh the Executive Branch, in our government. More importantly, they (seemingly) are more concerned with their state citizens' concerns....

    there are many positive things that can be done.

    imagine removing most municipalities from the Gasoline / Diesel complex and the resultant demand drop from that?

    imagine removing other fleet vehichles, as their normal operating radius is within their city limits and shortly there outsides, meaning they would be exceptional candidates for hydrogen and / or battery power conversions, and their re-filling stations, being municipal in nature, would be easily maintained and distributed...
     
    #122     May 1, 2006
  3. Thats a neat graph. I wonder where Generalissimo Bush would be in the approval polls if he actually went after terrorists and not into Iraq to enrich to oil and defense industry.
     
    #123     May 1, 2006
  4. reasonable energy pricing and fuel pricing will escalate into campaign issues,

    whilest its true no one can corner commodity prices or future delivery vs. future demand,

    what has been perpetrated on the US populace under this Oil Administration has been the best attempt in history to make those words seem false.

    these issues will probably become campaign issues, going forward...
     
    #124     May 2, 2006
  5. limitdown wrote:

    what has been perpetrated on the US populace under this Oil Administration has been the best attempt in history to make those words seem false.
    ...............................................................................................

    Very accurate......
     
    #125     May 2, 2006
  6. so, this is what compassionate conservatism really means, in practice, huh?

    seems that they're having such a hard time, in the news, in taxing the excess profits from these oil companies, whielst they pay wholesale for oil in the originating countries and sell it to the US consumers at retail plus 135% markup.

    they're having a hard time revoking tax breaks on these companies that have earned more than most countires, in their entire existence, no matter how many centuries those object countries have been in existence....

    hey, let's go approve more tax cuts for the wealthy, just don't call it that....
     
    #126     May 2, 2006
  7. time for the government to directly compete with the Oil marketplace and cause a collapse in these prices and speculation.

    They (the nefarious oil market) blames the speculation on:

    1) war premium
    2) speculation on other disruptions, whether real or imagined

    3) speculation on future disruptions in supply, delivery, weather related disruptions, etc.

    other solutions might be::

    1) create, recreate, re-release the known 100mpg carburetor

    2) manufacture (profitably, yet at cost +5%) gasoline engine conversion kits

    3) mass produce, distribute and utilize long duration super lithium vehicular batteries, thus removing fleets of municipal vehicles from the gasoline equation

    4) directly intervene to cause an oil market price collapse down to the desired target levels of $15 barrel
     
    #127     May 4, 2006
  8. Do you have a cite for the 100mpg carb as I'd like to get one.

    DS
     
    #128     May 4, 2006
  9. simply advertising for "interest or partners to design and manufacture" these conversion kits on gasoline engines would cause a $15 collapse in oil per barrel speculative costs...

    this would have the effect of reducing demands upon refined gasoline...


    anyone care to start this venture?

    as a business model, I can replicate how the thieves who ran Onsite Trading ran their trading firm into the ground, only to become part of AB Watley, and subsequently get indicted by the SEC.

    no, seriously,

    much more honest business models to pattern's one's company after exist....
     
    #129     May 5, 2006
  10. this is a serious issue, and it seems to be taking hold amongst the Governors and State Senators throughout the 50 states....

    this is going to be a regional and coordinated effort to aggressively attack all the speculative and artificial causes of $73 barrel oil and all the oil companies acting with amnesia.....

    this Oil Administration has chosen some interesting friends, and it apparently aren't the US citizens who consume and rely upon oil and refined products....
     
    #130     May 11, 2006