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. there never was one. it was just the scam of the day. same old same old. separate the gullible from their money.
     
    #131     May 11, 2006
  2. You can't be serious!?! And how could they possibly do that? There's less than a 100 day supply in the SPR.

    The government is the cause of the problem, not the solution.
     
    #132     May 12, 2006
  3. You forgot to include "Remove government regulations" as a choice.

    That's the only solution.
     
    #133     May 12, 2006
  4. Clinton Administration was handed this choice on a silver platter when he took office and chose to build the strongest country in human history, at least as far as we're told, there probably were others, in a galaxy, far, far away.... (you know the movie)

    evidently the same methods and processes exist now, and appear at the turn of the US Administrations in Washington.

    at any rate, recent developments:

    a) Libya with all its sweet crude, has been welcomed back into the fold of desirable nations. in addition to that, tourism will increase as well as international flights to and from their airports

    b) Oil Sands in Alberta Canada were in the news recently as holding more refinable oil than can be used globally in the next 100+ years. It was particularly reassuring to hear those news stories as it really didn't take oil over $33 per barrel to reap those rewards. It was ballied about at oil over $44 per barrel, and now those prices look like a dream.

    c) rumblings over restitution to those who engineered this artificial run up in prices, namely this Oil Administration and the upcoming fall elections as an opportunity for the American public to respond to all those artificial stories of global demand and SUV's being the cause...

    hey, someone's going to pay for all this beyond just the consumers now....
     
    #134     May 16, 2006
  5. The 100mph carb is an urban legend.

    http://www.mikebrownsolutions.com/fish3.htm
    http://www.snopes.com/autos/business/carburetor.asp


     
    #135     May 16, 2006


  6. During days long past, bear markets were undestood as very useful times during which society returned to a state of economic sanity.

    In our days, bear markets have become times of preparation for increased levels of economic insanity. Politics is to a major extent responsible for driving proud nations into ruin (Reference: "The Road to Sefdom" by Hayek).

    So your formula "Restore Competition" combined with "Throw them (political) rascals out" is the only thing that could possibly save us from Serfdom. Unfortunately, very little chance such healing process would come to pass.
     
    #136     May 16, 2006
  7. Limitdown wrote:

    Clinton Administration was handed this choice on a silver platter when he took office and chose to build the strongest country in human history, at least as far as we're told, there probably were others, in a galaxy, far, far away.... (you know the movie)

    evidently the same methods and processes exist now, and appear at the turn of the US Administrations in Washington.

    at any rate, recent developments:

    a) Libya with all its sweet crude, has been welcomed back into the fold of desirable nations. in addition to that, tourism will increase as well as international flights to and from their airports

    b) Oil Sands in Alberta Canada were in the news recently as holding more refinable oil than can be used globally in the next 100+ years. It was particularly reassuring to hear those news stories as it really didn't take oil over $33 per barrel to reap those rewards. It was ballied about at oil over $44 per barrel, and now those prices look like a dream.

    c) rumblings over restitution to those who engineered this artificial run up in prices, namely this Oil Administration and the upcoming fall elections as an opportunity for the American public to respond to all those artificial stories of global demand and SUV's being the cause...

    hey, someone's going to pay for all this beyond just the consumers now....

    .....................................................................................................

    Limitdown...you are very observant and correct in your viewpoints....

    If there ever was a puppet presidency....the BUSH administration is it hands down...

    All one needs to do is to review in detail the biography of Cheney and his dealings in Indonesia...Iraq...and Mexico in the oil industry ...and also his time commitment in Washington in terms of learning how to best approach government contract projects prior to Halliburton´s becoming a larger company and prior to his being the US VP...

    Iraq...the decision to invade Iraq was 5% about Hussein and WMD and 95% about the orchestration of securing oil production controls and increasing the price of oil....

    There is no possibility that Cheney was not aware of the upward pressure in oil prices with regards to US policies and Iraq...
    By creating unrest in the middle east...oil prices were to soar because of the well known bottleneck issues....

    Cheney and staff are very intelligent people and have spent their lives in the oil business....and it is ever so vivid that the Cheney squad has played the American public and misused the trust and taxing authority that his office is supposedly protecting...
    ...................................................................................................

    With regards to Bush...and after making observations of Bush senior and James Baker...and their continued activities regarding oil producing countries....let there be no mistake about their purposes and efforts being 100% correlated with big oil...

    Let there be no mistake that the OIL ADMINISTRATION has made overt painstaking efforts to stay on the legal side of approaching
    oil company related objectives....but it is more than clear that they have used the highest offices to further the gains of the oil industry...

    The US public has been played big time....this is not cool....

    These folks are anything but public servants.....
    ...............................................................................................

    These folks are reminiscent of what most Latin governments are all about....and they feel as if they have won the lotto when elected...In the US case...the OIL COMPANIES won the lotto...

    ..................................................................................................

    Getting the truth from Bush Cheney will be about as difficult as getting a monthly brokerage statement from a stock trading guru...They do not know what the truth is....

    And the list goes on...Rumsfeld...his investment in a bird flu vaccine company which will be awarded government contracts...Yeah...and how many bird flu deaths vs other death diseases.....????? More people die in traffic accidents in NJ every week...

    These guys are nothing but con men in disguise....

    They are taunting the hell out of the US citizenry and daring anyone to defy their intelligent schemes....They think they are so much smarter than the US public....

    And they are right to some degree...now just how is it that the US public can get these crooks out of public office...????

    Or is it the case that the system is so corrupt that the system itself has to be changed ???

    Bush Cheney know this too well...and just may walk out free as a bird ...laughing at the US public ...all the way home....
    .............................................................................................
     
    #137     May 16, 2006
  8. MRWSM

    MRWSM


    The US has more oil than Canada in the form of oil shale. We have more oil than anyone else in the world, Canada is 2nd. Either way I hope they come out with alternatives instead.
     
    #138     May 16, 2006
  9. 9999

    9999

    I strongly believe that public transportation can really help our society towards that goal. However, it also needs to be drastically improved. Unfortunately, that wouldn't sit too well with the oil administration and car manufacturers.
     
    #139     May 16, 2006
  10. i will only work in large cities. we have a nice new bus system paid for by uncle sam. the buses mostly run empty.
    another example is the new monorail sysetm in las vegas. it is a joke. we decided to park the car and ride that around. i walked farther getting to and from the momorail than i would have walked just walking directly on the street. it was mostly empty also.
     
    #140     May 16, 2006