exdeath
Lifer
- Jan 29, 2004
- 13,679
- 10
- 81
Originally posted by: Rogodin2
"Yes, I can.
Label anyone that deals with the Oil Companies as enemies of the Country under the Patriot Act.
Think about it.
They deal with the very Countries that this Country is at the War on Terrer on a daily basis."
Legal is not moral. You need to change w hat you drive to work with-you need to curtail all your energy needs on a scale that you can live with, and you need to understand the EROI (energy returned on energy invested) of this national infrastructure.
You can't even make a cogent proposition D.
Rogo
There are many factors. For example, what explains why the rate that profit has been increasing is not proportional to the rate that production costs are increasing? If the costs were just being passed along as claimed by those of the oil cartel those two things would maintain the same separation and rise together. But they are not.
How is it that oil profits are at records highs while the price continue to rise? That doesn't follow the law of supply and demand now does it? Shouldn't they be selling less at a higher price? How can they be making more money? Demand is decreasing, people are driving less, SUVs are getting less popular, but prices continue to rise?
We are told that there are shortages and lack of supply but when I drive by the main distribution storage tanks here in town I see the tops of the floating lids all the way at the top indicating that they are full while gas prices go over $3/gal and I'm told it's due to high demand and lack of supply stocks.
Also, why is it that lack of supply is grounds for jacking up prices, but a surge and overstock in supply doesn't bring them back down just as fast?
Oil is complicated, convoluted, and corrupt. What little law of supply and demand it follows isn't even the real world market place, it reflects a made up virtual world of fear and speculation, that alone should tell you something.
Why don't we just say gas is $10,000,000 a gallon in fear of the sun blowing up in 5 billion years and causing world wide panic and gas shortages? Long term speculation and fear mongering affects oil prices does it not?