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Home > Archive > Alternative Power sources > May 2007 > Re: Gasoline price gouging
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Re: Gasoline price gouging
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| Nomen Nescio 2007-05-22, 8:25 pm |
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X-No-Archive: yes
Michael Rippie <michael@thelastchurch.org> wrote:
>As of yesterday, gas prices are the highest in U.S. history-we just
>passed the 1981 record, even adjusted for inflation.1 Prices could
>reach $4.00 per gallon, just in time to crimp summer vacation plans.
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Good. The way I figure it, the *best* thing that could happen is
for gasoline prices to skyrocket to $6, $8, or even $10 a gallon,
and stay there--or go higher still--at least until the election.
Ex-Republican,
Daniel Joseph Min
http://www.2hot2cool.com/11/danieljosephmin/
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Nomen Nescio wrote:[color=darkred]
>
> X-No-Archive: yes
> Michael Rippie <michael@thelastchurch.org> wrote:
I think that gasoline prices are not high enough until everyone in
New York City is driving around on bicycles.
However don't blame everything on the oil companies...that is a
ruse by the government...
If you check the quarterly and annual reports on a company such as
exxon, available on their web page, you will find they put aprox.
10 cents in their pocket for every dollar worth of stuff they sell.
The reports are certified correct by accountant companies..if they
are not they can be sued, and/or lose their ability to certify...
these companies would lose all there customers if they lost
there ability to certify.
They collect aprox. 25 cents from you, the consumer, for every
dollars worth of stuff they sell, this 25 cents is collected
for the government. Its the reason politicians want to put more tax on
oil products...so they get more money. So the actual cost to the
oil companies to produce their products is 65 cents for every dollar
sold. Any tax they put on oil products will go directly on to
the price....raising the price on all oil products and putting
more money in the governments pockets, ripping us off even more,
they get away with this because the politicians blame the oil
companies, not themselves.
The ten cents that the oil companies stick in their pockets
is less then the average amount that companies listed on the
S&P 500 do....an example is microsoft which sticks around 30
cents in its pocket for every dollars worth of stuff they
sell..the reason that oil companies make so much total money
is they sell a lot of product, since they are some of the
largest companies in the world and they sell so much stuff,
of course they make a lot of total money.
P.S some of the ten cents they put in their pocket goes toward things
like building new refineries....finding more oil (most oil is owned
by nations, example saudi arabia, mexico, etc., and they set the oil
price) finding more oil and building things like refineries tend to
lower the price.
thank you for listening to my thoughts....have fun....sno
--
No matter how dangerous nuclear power may or
may not be.....
Is it any more dangerous then what we are doing
now.....???
This tag line is generated by:
SLNG (Silly Little Nuclear Generator)
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| Dan Bloomquist 2007-05-23, 3:25 am |
| Nomen Nescio wrote:
> X-No-Archive: yes
> Michael Rippie <michael@thelastchurch.org> wrote:
>
>
>
> -----BEGIN PGP SIGNED MESSAGE-----
>
> Good. The way I figure it, the *best* thing that could happen is
> for gasoline prices to skyrocket to $6, $8, or even $10 a gallon,
> and stay there--or go higher still--at least until the election.
Idiot.
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| Genaro 2007-05-23, 9:25 am |
| On Tue, 22 May 2007 23:37:52 -0400, sno wrote:
>
>
> Nomen Nescio wrote:
>
> I think that gasoline prices are not high enough until everyone in
> New York City is driving around on bicycles.
>
> However don't blame everything on the oil companies...that is a
> ruse by the government...
>
> If you check the quarterly and annual reports on a company such as
> exxon, available on their web page, you will find they put aprox.
> 10 cents in their pocket for every dollar worth of stuff they sell.
> The reports are certified correct by accountant companies..if they
> are not they can be sued, and/or lose their ability to certify...
> these companies would lose all there customers if they lost
> there ability to certify.
>
> They collect aprox. 25 cents from you, the consumer, for every
> dollars worth of stuff they sell, this 25 cents is collected
> for the government. Its the reason politicians want to put more tax on
> oil products...so they get more money. So the actual cost to the
> oil companies to produce their products is 65 cents for every dollar
> sold. Any tax they put on oil products will go directly on to
> the price....raising the price on all oil products and putting
> more money in the governments pockets, ripping us off even more,
> they get away with this because the politicians blame the oil
> companies, not themselves.
>
> The ten cents that the oil companies stick in their pockets
> is less then the average amount that companies listed on the
> S&P 500 do....an example is microsoft which sticks around 30
> cents in its pocket for every dollars worth of stuff they
> sell..the reason that oil companies make so much total money
> is they sell a lot of product, since they are some of the
> largest companies in the world and they sell so much stuff,
> of course they make a lot of total money.
>
> P.S some of the ten cents they put in their pocket goes toward things
> like building new refineries....finding more oil (most oil is owned
> by nations, example saudi arabia, mexico, etc., and they set the oil
> price) finding more oil and building things like refineries tend to
> lower the price.
>
> thank you for listening to my thoughts....have fun....sno
-------
Well stated, sno. Just one thing to add. The millions of new drivers in
China and India that are increasing demand, in turn drive up the price.
Although we may still be the biggest, the U.S. is not the only oil
glutton in the world any more and China's economy is accelerating much
quicker than that of the U.S.
-------
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| You forgot the biggest tax of all, inflation. Right now, since
Government stopped priting the M3, they have been inflating with a
vengence, and most credible estimates are 12% or higher. Yet, they
peg the "CORE" inflation at 2 - 3 %, a net 10% profit for them, as
their Cost of Living increases are pegged to CORE (EXCEPT fot the
employees of the government who suck the governments tit and can't
find productive work in the marketplace).
Inflation is the worst tax, as the average Boobus-Americanus has no
ide at all what it is, or who causes it.
Almost all countries are inflating madly now, they must to save their
asses. SO, unless you are getting a good 20%+ return on your money
you are losing your XXX to the terrorists in Washington DC.... You can
always put the wife and all the children to work to compete with the
illegal aliens for that $4/hour job.... he he.....
On Tue, 22 May 2007 23:37:52 -0400, sno <sno@opelc.com> wrote:
>
>
>Nomen Nescio wrote:
>
>I think that gasoline prices are not high enough until everyone in
>New York City is driving around on bicycles.
>
>However don't blame everything on the oil companies...that is a
>ruse by the government...
>
>If you check the quarterly and annual reports on a company such as
>exxon, available on their web page, you will find they put aprox.
>10 cents in their pocket for every dollar worth of stuff they sell.
>The reports are certified correct by accountant companies..if they
>are not they can be sued, and/or lose their ability to certify...
>these companies would lose all there customers if they lost
>there ability to certify.
>
>They collect aprox. 25 cents from you, the consumer, for every
>dollars worth of stuff they sell, this 25 cents is collected
>for the government. Its the reason politicians want to put more tax on
>oil products...so they get more money. So the actual cost to the
>oil companies to produce their products is 65 cents for every dollar
>sold. Any tax they put on oil products will go directly on to
>the price....raising the price on all oil products and putting
>more money in the governments pockets, ripping us off even more,
>they get away with this because the politicians blame the oil
>companies, not themselves.
>
>The ten cents that the oil companies stick in their pockets
>is less then the average amount that companies listed on the
>S&P 500 do....an example is microsoft which sticks around 30
>cents in its pocket for every dollars worth of stuff they
>sell..the reason that oil companies make so much total money
>is they sell a lot of product, since they are some of the
>largest companies in the world and they sell so much stuff,
>of course they make a lot of total money.
>
>P.S some of the ten cents they put in their pocket goes toward things
>like building new refineries....finding more oil (most oil is owned
>by nations, example saudi arabia, mexico, etc., and they set the oil
>price) finding more oil and building things like refineries tend to
>lower the price.
>
>thank you for listening to my thoughts....have fun....sno
| |
| Broderick Crawford 2007-05-23, 8:25 pm |
| Nomen Nescio wrote:
> X-No-Archive: yes
> Michael Rippie <michael@thelastchurch.org> wrote:
>
> Good. The way I figure it, the *best* thing that could happen is
> for gasoline prices to skyrocket to $6, $8, or even $10 a gallon,
> and stay there--or go higher still--at least until the election.
>
> Ex-Republican,
> Daniel Joseph Min
> http://www.2hot2cool.com/11/danieljosephmin/
>
You can thank the environmental retards for high gas prices. Every state
has it's own gas formula therefore refineries cannot keep up with all
the mixes. Happens every spring and summer now. Now they want to have
state standards for auto emissions. Get ready for higher car prices to
go with the higher gas prices. They will have to build a different car
for every state now. This is progress? Or is it a bureaucratic cluster fuck.
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Genaro wrote:
>
> On Tue, 22 May 2007 23:37:52 -0400, sno wrote:
>
> -------
> Well stated, sno. Just one thing to add. The millions of new drivers in
> China and India that are increasing demand, in turn drive up the price.
> Although we may still be the biggest, the U.S. is not the only oil
> glutton in the world any more and China's economy is accelerating much
> quicker than that of the U.S.
> -------
thanks gen....I forgot that one somewhere in my rant...<grin>
have fun.....sno
--
No matter how dangerous nuclear power may or
may not be.....
Is it any more dangerous then what we are doing
now.....???
This tag line is generated by:
SLNG (Silly Little Nuclear Generator)
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