MPG redux

[chessie4905]

That's  right, blame oil companies, pharmaceutical  companies, anybody else you can. Forget about hundreds of billions of dollars they invest to produce breaking drugs to keep us living longer, drilling in hostile enviornments to keep us in fuel, etc,. Convenient to forget about all that. Just forbid companies making profits on anything. We are not in the Standard oil times anymore. Just sell everything. Stay home, blame everybody,do solar and never get sick and hope for sunny days.,
Time to lock this one too.

[richard5933]

That's  right, blame oil companies, pharmaceutical  companies, anybody else you can. Forget about hundreds of billions of dollars they invest to produce breaking drugs to keep us living longer, drilling in hostile enviornments to keep us in fuel, etc,. Convenient to forget about all that. Just forbid companies making profits on anything. We are not in the Standard oil times anymore. Just sell everything. Stay home, blame everybody,do solar and never get sick and hope for sunny days.,
Time to lock this one too.

Not sure about the others, but to me there's a difference between blaming and understanding where the money's going.

I'm not for a second saying companies aren't entitled to a fair price for their efforts, and I'm not saying that they're not entitled to recoup their investments.

But, I do think that it's important to also understand that when market forces double the cost of a product overnight it's not because the companies' costs suddenly doubled. It's because trading on an open market means that even fear of a shortage alone is enough to cause price increases nearly instantly.

[Nova Eona]

Forget about hundreds of billions of dollars they invest to produce breaking drugs to keep us living longer, drilling in hostile environments to keep us in fuel, etc,.

Those are operating expenses and do not factor into profits.  Big Oil makes tons of take-home-money even after they spend billions to get that oil (and suppress other energy sources), Big Pharma likewise rakes in an unconscionable amount of profit even after paying for all that R&D.  That's just an old corporate line to get the common folk to help defend the exploitation.

I mean really, the 18 richest oil CEOs added 8 billion dollars to their personal net worth in just the past year, how is that not insane?  Meanwhile folks on the bottom are having actual financial trouble because of a few cents more in gas prices, it's not right.

[chessie4905]

Oh.🙄

[windtrader]

Petroleum is a global product in a global market that generally follows capitalistic tenets. That is demand and supply direct pricing. Even here, I think there is consensus that we as global citizens would be better off with less carbon emissions coming from petrol engines.


The US can depress global demand by transitioning to EV, especially powered by solar, wind, hydro, renewal sources. The only way out is to divorce the country from the global petrol cartels. Even nuclear to me has fewer nation-state issues than oil.


Even if the US becomes a net zero consumer of oil, we are still deeply integrated to the global oil cartels, so it isn't like prices here in the USA are going to suddenly become stable and manageable and affordable. The only way that occurs is with government intervention via tariffs, taxes, policy, etc. All political methods, none free open market related as that still is based on global supply and demand.


Now back to the news. $6.69 holding for a second day. lol

[Dave5Cs]

$3.38

Car registration California $225.00 per year.  plus 65.00 smog inspection but only every two years .No tax on food items.
Car registration Kansas $49.00 for 3 years. Plus $20.00 safety inspection Taxable all food items

[Tedsoldbus]

My bus ran great on the Florida trip. Ordered the new air filters from Luke this morning. Guys in Florida noticed a safety steer installed by the last guy. Said that is a good thing. I got close to 9 MPG coming home but I was never good at math. Still made me feel good. July will be time to change the fuel filters and Luke sent me those last year. The TPMS worked great and I noticed pressure dropped in Fla since I was at sea level instead of 2000 feet at home.
Just great to get the bus out on the road again !!!
Found about 8 lovebugs on the nose this morning. Lucky I got out of there before they swarm. They take a lot of Dawn to get off.

[chessie4905]

Happy to hear you had a good trip.

[epretot]

Have you noticed there is never a solution to the world's problems?

The world has a Savior. Yet, we keep trying to save it...

[Nova Eona]

Have you noticed there is never a solution to the world's problems?

The world has a Savior. Yet, we keep trying to save it...

What?

[lvmci]

FACTCHECK POSTS
Obama Wanted Higher Gasoline Prices?
By Robert Farley
Posted on March 23, 2012
Republican presidential candidates Mitt Romney and Newt Gingrich have repeatedly lifted several quotes out of context to allege that President Barack Obama and his administration actually wanted to drive up the price of gasoline, and have succeeded.
Gingrich said Obama wants gasoline prices to get to the European levels of $9 or $10 a gallon, but that “he just wants it to be gradual.” But that’s not what Obama said. Rather, when asked in 2008 about then-$4 per gallon gasoline prices, and whether that could be a good thing to encourage people toward alternative energy, Obama responded that he “would have preferred a gradual adjustment” because “the fact that this is such a shock to American pocketbooks is not a good thing.” He said nothing of wanting to goose gasoline prices to European levels, gradually or otherwise.
Romney has repeatedly claimed Obama said during the 2008 campaign that under his energy policy, energy prices would “skyrocket.” “And they have,” Romney said. But Obama was talking about electricity, not gasoline. And the cap-and-trade plan he endorsed to limit carbon emissions — which died in the Senate in 2009 — included provisions aimed at protecting consumers from higher prices.

[chessie4905]

Yeah, whatever.

[Van]

What we need is unity as we all start crying. Stay fueled my friends😉

[muldoonman]

What we need is unity as we all start crying. Stay fueled my friends😉

I'm with you. When does the crying start? :'(

[richard5933]

Crude prices dropped again to about $103, which is almost 25% down from its recent spike.