Original Gas Thread: Americans enjoying $4 gallon despite oil oversupply highest in 8 yrs

[charrison]

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: nergee
It's not about hoping for economic problems..it's about dealing with the current economic problems and if the party in power
during these tough times does not act, they will always pay the price at the ballot box....It's the power of the vote that every
individual possesses.

No dave is hoping for economic problems.

But tell me, what are democrats going to do about the cost of gas?

Bring incredible pain and shame to the Oil Barons and the Industry.

You mean those companties that are making less than 10% profit....

Higher oil helped profit at Exxon jump 32 percent in the second quarter

32% is still not excessive...

 

[dmcowen674]

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: nergee
It's not about hoping for economic problems..it's about dealing with the current economic problems and if the party in power
during these tough times does not act, they will always pay the price at the ballot box....It's the power of the vote that every
individual possesses.

No dave is hoping for economic problems.

But tell me, what are democrats going to do about the cost of gas?

Bring incredible pain and shame to the Oil Barons and the Industry.

You mean those companties that are making less than 10% profit....

Higher oil helped profit at Exxon jump 32 percent in the second quarter

32% is still not excessive...

Charrison - "You mean those companies that are making less than 10% profit...."

 

[charrison]

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: nergee
It's not about hoping for economic problems..it's about dealing with the current economic problems and if the party in power
during these tough times does not act, they will always pay the price at the ballot box....It's the power of the vote that every
individual possesses.

No dave is hoping for economic problems.

But tell me, what are democrats going to do about the cost of gas?

Bring incredible pain and shame to the Oil Barons and the Industry.

You mean those companties that are making less than 10% profit....

Higher oil helped profit at Exxon jump 32 percent in the second quarter

32% is still not excessive...

Charrison - "You mean those companies that are making less than 10% profit...."

Well the last time I looked their profits were under 10% and that was not long ago. Hek there is probablya link somewhere in this thread that supports that as I know it has been posted.

So if it 32% now, that is fine as it is not excessive.


But answer me this, what is excessive profit?

 

[dmcowen674]

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: nergee
It's not about hoping for economic problems..it's about dealing with the current economic problems and if the party in power
during these tough times does not act, they will always pay the price at the ballot box....It's the power of the vote that every
individual possesses.

No dave is hoping for economic problems.

But tell me, what are democrats going to do about the cost of gas?

Bring incredible pain and shame to the Oil Barons and the Industry.

You mean those companties that are making less than 10% profit....

Higher oil helped profit at Exxon jump 32 percent in the second quarter

32% is still not excessive...

Charrison - "You mean those companies that are making less than 10% profit...."

Well the last time I looked their profits were under 10% and that was not long ago. Hek there is probablya link somewhere in this thread that supports that as I know it has been posted.

So if it 32% now, that is fine as it is not excessive.

But answer me this, what is excessive profit?

At the expense of the non-rich.

Answer me this, now that Gas is no longer affordable to the common man but mainly for the rich, do you agree that it should no longer be considered a "commodity"???

 

[charrison]

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: nergee
It's not about hoping for economic problems..it's about dealing with the current economic problems and if the party in power
during these tough times does not act, they will always pay the price at the ballot box....It's the power of the vote that every
individual possesses.

No dave is hoping for economic problems.

But tell me, what are democrats going to do about the cost of gas?

Bring incredible pain and shame to the Oil Barons and the Industry.

You mean those companties that are making less than 10% profit....

Higher oil helped profit at Exxon jump 32 percent in the second quarter

32% is still not excessive...

Charrison - "You mean those companies that are making less than 10% profit...."

Well the last time I looked their profits were under 10% and that was not long ago. Hek there is probablya link somewhere in this thread that supports that as I know it has been posted.

So if it 32% now, that is fine as it is not excessive.

But answer me this, what is excessive profit?

At the expense of the non-rich.

Answer me this, now that Gas is no longer affordable to the common man but mainly for the rich, do you agree that it should no longer be considered a "commodity"???

So you want to instutite price controls? What should the price of gas be?

 

[dmcowen674]

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: nergee
It's not about hoping for economic problems..it's about dealing with the current economic problems and if the party in power
during these tough times does not act, they will always pay the price at the ballot box....It's the power of the vote that every
individual possesses.

No dave is hoping for economic problems.

But tell me, what are democrats going to do about the cost of gas?

Bring incredible pain and shame to the Oil Barons and the Industry.

You mean those companties that are making less than 10% profit....

Higher oil helped profit at Exxon jump 32 percent in the second quarter

32% is still not excessive...

Charrison - "You mean those companies that are making less than 10% profit...."

Well the last time I looked their profits were under 10% and that was not long ago. Hek there is probablya link somewhere in this thread that supports that as I know it has been posted.

So if it 32% now, that is fine as it is not excessive.

But answer me this, what is excessive profit?

At the expense of the non-rich.

Answer me this, now that Gas is no longer affordable to the common man but mainly for the rich, do you agree that it should no longer be considered a "commodity"???

So you want to instutite price controls? What should the price of gas be?

I didn't say that and you are not answering the questions, why am I not surprised?

What do you think is excessive profit?

 

[0marTheZealot]

can you monkeys quit playing the party line and own up to the fact that this is a supply/demand problem not a governmental problem?

The situation will be the same no matter which "party" controls the house and senate. And, to be honest, outside of maybe 4 issues, the democrats and republicans are absolutely identical.

 

[nergee]

....."this is a supply/demand problem ".........

I have yet to encounter or hear about any gas station not receiving a supply of gas or any oil dealer
not receiving any home heating oil.

Yes, demand is up but supply...there is plenty of oil/gas around.

 

[Engineer]

Originally posted by: nergee
....."this is a supply/demand problem ".........

I have yet to encounter or hear about any gas station not receiving a supply of gas or any oil dealer
not receiving any home heating oil.

Yes, demand is up but supply...there is plenty of oil/gas around.

Agree. It's speculation, caused mainly by our poking our nose in the ME and stirring up a hornet's nest. Weak dollar plays into the picture also. Throw in a little greed and you've got the mix.

 

[alent1234]

Originally posted by: nergee
....."this is a supply/demand problem ".........

I have yet to encounter or hear about any gas station not receiving a supply of gas or any oil dealer
not receiving any home heating oil.

Yes, demand is up but supply...there is plenty of oil/gas around.

it's based on fear

refining capacity is almost maxed out and normal refinery outages that have happened in the past are now a big deal. The high prices are causing people not to drive so demand will weaken a little.

 

[dmcowen674]

Originally posted by: alent1234

Originally posted by: nergee
....."this is a supply/demand problem ".........

I have yet to encounter or hear about any gas station not receiving a supply of gas or any oil dealer
not receiving any home heating oil.

Yes, demand is up but supply...there is plenty of oil/gas around.

it's based on fear

refining capacity is almost maxed out and normal refinery outages that have happened in the past are now a big deal.

The high prices are causing people not to drive so demand will weaken a little.

Went to a friends house for dinner.

BFT, I have never seen a Saturday night as dead as last night, the roads were empty.

 

[alent1234]

someone tell that to us northeasterners

i drove from NYC to pennsylvania a few times last week and I95 was packed heading into NYC. On friday it was a 45-60 minute wait to get into a tunnel or on a bridge both ways in and out

 

[dmcowen674]

Originally posted by: alent1234
someone tell that to us northeasterners

i drove from NYC to pennsylvania a few times last week and I95 was packed heading into NYC. On friday it was a 45-60 minute wait to get into a tunnel or on a bridge both ways in and out

The weekly commute is still packed but it is claer people are not driving much after work.

I've already heard grumblings from Restaurant owners that they have seen traffic down.

A couple of neighbors have said they are looking for local jobs on this side even if it means a big cut in pay.

 

[charrison]

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: dmcowen674

Originally posted by: charrison

Originally posted by: nergee
It's not about hoping for economic problems..it's about dealing with the current economic problems and if the party in power
during these tough times does not act, they will always pay the price at the ballot box....It's the power of the vote that every
individual possesses.

No dave is hoping for economic problems.

But tell me, what are democrats going to do about the cost of gas?

Bring incredible pain and shame to the Oil Barons and the Industry.

You mean those companties that are making less than 10% profit....

Higher oil helped profit at Exxon jump 32 percent in the second quarter

32% is still not excessive...

Charrison - "You mean those companies that are making less than 10% profit...."

Well the last time I looked their profits were under 10% and that was not long ago. Hek there is probablya link somewhere in this thread that supports that as I know it has been posted.

So if it 32% now, that is fine as it is not excessive.

But answer me this, what is excessive profit?

At the expense of the non-rich.

Answer me this, now that Gas is no longer affordable to the common man but mainly for the rich, do you agree that it should no longer be considered a "commodity"???

So you want to instutite price controls? What should the price of gas be?

I didn't say that and you are not answering the questions, why am I not surprised?

What do you think is excessive profit?

Well it definatly is not 32%. But speaking of not answering questions, it appears there a couple of mine you still have not answered.

 

[Zebo]

Dude all those Oil co's are trusts. You read USC chap 15 and they violate just about every law there is. They have power not to be broken with our basically unenforced laws and todays bought officals. It's like a FOI request and thousands of other laws which don't get enforced. more so under administrations less so under others.

 

[zendari]

Originally posted by: dmcowen674

I didn't say that and you are not answering the questions, why am I not surprised?

What do you think is excessive profit?

There is no such thing.

 

[Engineer]

Originally posted by: zendari

Originally posted by: dmcowen674

I didn't say that and you are not answering the questions, why am I not surprised?

What do you think is excessive profit?

There is no such thing.

Ah, so you don't think the concept of "gouging" exsists? It must be nice to live in your world.

 

[charrison]

Originally posted by: Engineer

Originally posted by: zendari

Originally posted by: dmcowen674

I didn't say that and you are not answering the questions, why am I not surprised?

What do you think is excessive profit?

There is no such thing.

Ah, so you don't think the concept of "gouging" exsists? It must be nice to live in your world.

It is not gouging if someone is willing to pay for a product at an agreeupon price. However exessive profits per unit will lead to lower overall revenues.

 

[1EZduzit]

Originally posted by: charrison

Originally posted by: Engineer

Originally posted by: zendari

Originally posted by: dmcowen674

I didn't say that and you are not answering the questions, why am I not surprised?

What do you think is excessive profit?

There is no such thing.

Ah, so you don't think the concept of "gouging" exsists? It must be nice to live in your world.

It is not gouging if someone is willing to pay for a product at an agreeupon price. However exessive profits per unit will lead to lower overall revenues.

A horse, my kingdom for a horse!!

 

[Engineer]

Originally posted by: charrison

Originally posted by: Engineer

Originally posted by: zendari

Originally posted by: dmcowen674

I didn't say that and you are not answering the questions, why am I not surprised?

What do you think is excessive profit?

There is no such thing.

Ah, so you don't think the concept of "gouging" exsists? It must be nice to live in your world.

It is not gouging if someone is willing to pay for a product at an agreeupon price. However exessive profits per unit will lead to lower overall revenues.

Do you have an alternative to "gas" to place in your car? I don't know about you, but I don't have a choice as to what goes into my car. Last I heard, water didn't work. I don't "agree" to pay gouged prices, I have no choice (other than to not drive, and that negates working for most of us, now doesn't it?).

 

[drnickriviera]

From Fidelity.com research. Net Profit Margin. Exxon 10.10%, BP 5.9%, Conoco 7.7%, Royal Dutch 6.7%, Chevron 8.1%
The article said Exxon's profits were UP 32% not at 32%

 

[zendari]

Originally posted by: Engineer

Do you have an alternative to "gas" to place in your car? I don't know about you, but I don't have a choice as to what goes into my car. Last I heard, water didn't work. I don't "agree" to pay gouged prices, I have no choice (other than to not drive, and that negates working for most of us, now doesn't it?).

Try alternative methods of transportation.

 

[Engineer]

Originally posted by: zendari

Originally posted by: Engineer

Do you have an alternative to "gas" to place in your car? I don't know about you, but I don't have a choice as to what goes into my car. Last I heard, water didn't work. I don't "agree" to pay gouged prices, I have no choice (other than to not drive, and that negates working for most of us, now doesn't it?).

Try alternative methods of transportation.

And if none go the 17 mile distance to my work? One of these days son, you'll move out of mommy and daddy's house and start paying your own bills. You'll learn really quick that "gouging", "excess profit", and "corporate greed" don't help you one bit (unless you're a high ranking official within one of those corporations or own large amounts of their stock, which most people do not own "large amounts" of stock).

 

[charrison]

Originally posted by: Engineer

Originally posted by: charrison

Originally posted by: Engineer

Originally posted by: zendari

Originally posted by: dmcowen674

I didn't say that and you are not answering the questions, why am I not surprised?

What do you think is excessive profit?

There is no such thing.

Ah, so you don't think the concept of "gouging" exsists? It must be nice to live in your world.

It is not gouging if someone is willing to pay for a product at an agreeupon price. However exessive profits per unit will lead to lower overall revenues.

Do you have an alternative to "gas" to place in your car? I don't know about you, but I don't have a choice as to what goes into my car. Last I heard, water didn't work. I don't "agree" to pay gouged prices, I have no choice (other than to not drive, and that negates working for most of us, now doesn't it?).

But you do have options, you just dont like them.

First have many vendors to buy gas from. You can even look up the location of cheapest gas now easily now, ensuring that you get the best price for this commodity. You can trade your vehicle for a more fuel effecient one. THink of how we could screw the oil companies if we all rode motocycles. You could probably even carpool. DC has an improtu carpool system called the slugline, there is no reason why such a system could not exist in every major city.

 

[charrison]

Originally posted by: Engineer

Originally posted by: zendari

Originally posted by: Engineer

Do you have an alternative to "gas" to place in your car? I don't know about you, but I don't have a choice as to what goes into my car. Last I heard, water didn't work. I don't "agree" to pay gouged prices, I have no choice (other than to not drive, and that negates working for most of us, now doesn't it?).

Try alternative methods of transportation.

And if none go the 17 mile distance to my work? One of these days son, you'll move out of mommy and daddy's house and start paying your own bills. You'll learn really quick that "gouging", "excess profit", and "corporate greed" don't help you one bit (unless you're a high ranking official within one of those corporations or own large amounts of their stock, which most people do not own "large amounts" of stock).

lets see we have an engineer who probably makes no less than $40/hour complaining about using $2.50 on gas to get too and from work.