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Old 05-22-2008, 04:52 AM   #29
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As far as shipping oil from Alaska to overseas, there was an article not too long ago that stated the reason for this was because we don't have enough refineries to handle the oil so it's shipped to refineries overseas and then we buy the product back from them.
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Old 05-22-2008, 07:28 AM   #30
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I could be wrong but you may find that Japan was a heavy inverter in the building of the Alaska Pipeline, because they were to get a large share of it.

I see something beeper behind all this oil thing. More then is being told by the "Media".

Nothing happens for no reason, but the reasons we hear are to many and too varied. Each group posts what different publications have printed and there are many.

Someone asked WHY we , the public, are taking this lying down and my reply is "What choice do we have besides not driving and not buying ANYTHING out of oil, which is a ton.

All we can do is to wait and see how this "Travesty" plays out.

One expert I heard last night said, BUY oil stocks and make some money on these rising prices to off set the cost of you gasoline.

We have some and trust me it is reaping benefits while others are being raped at the pumps.

Fight fire with fire.

If I'm seeing this wrong please help me to see the REAL truth.
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Old 05-22-2008, 07:59 AM   #31
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<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by lwmuddy:
One expert I heard last night said, BUY oil stocks and make some money on these rising prices to off set the cost of you gasoline.
</div></BLOCKQUOTE>

If you want to see these crude oil prices REALLY drop, just let me know, I'll buy some oil stocks.
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Old 05-22-2008, 12:54 PM   #32
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I know I will get in trouble for daring to provide FACTS but Congress is preparing to enact legislation making the Polar Bear a protected species. This will eliminate any possibility of exploring for or drilling for ANY MORE OIL IN ALASKA.

Read into that what you will, but Alaska derives virtually all of its state moneys from oil revenues.
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Old 05-26-2008, 07:40 AM   #33
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I was sorta reminising and thinking about the past. To put things in perspective...... When I was fresh out of the Navy in 1964 and found my first job @$1.89/hr the gas prices were in the 30 cents per gallon range. I know my salary at retirement was a heckuva lot more that 10 times what it was when I had my first job. I think the prevaling wage rate for semi and skilled labor was perhaps averaged around $3.00/hr at that time. That was over 40 plus years ago. Gas here in michigan as averageing a bit above $4/gal and I think it will top $5 by the time summer ends, but still, relative to my earnings in my younger days it is somewhat less, with respect to my current earnings. I personally will limit my RVing to closer to home trips with the exception of maby one long trip.
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Old 05-26-2008, 12:53 PM   #34
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I'm with you. When I got out of the Coast Guard in 1960, and went back to school, and on my first summer break, I made $1.10 and hour working in an ice cream freezer (30 below) in Miami where it was 95 degs and 150% humidity. I paid 19.9 cents a gal for gas. Movies cost about .25 to ,50 cents. Dinner at a rest cost about $1.50 and etc.

I think we can get used to the new prices, if only they would stabilize. Its the uncertainty of the prices and the daily increases that to me is so upsetting. I rember in the 70's when gas got to .75 a gal, everyone thought America was going to the dogs. Remember during this period, just about everyone did not put up Christmas lights one year. But we got use to the "NEW" prices. But they stabilized.
When I get better, I think we'll stay in the Southeast with our travels until we can get used to the new prices. s/Toby
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Old 06-09-2008, 06:26 PM   #35
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lwmuddy ....

Yes the French pay high taxes but they also get
free health care
free drugs
free post secondary education (university)
free daycare
and much more

If you tacked on the above to your tax bill would be close to the same.
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Old 06-09-2008, 08:06 PM   #36
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If you're paying for it through your taxes, it is not free. And you're paying for it whether you use it or not. Plus you're paying for those who do not contribute into the system. It is taking your liberty (the ability to make choices) little by little and doling some of them back out to you as privileges. Back home, this is what we call Communism. That's a system where the politicians determine what to do with most of the money you earn. That's not going to bring down the price of oil any. Quite frankly, I'd rather my wife spend rather than the politicians.
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Old 06-10-2008, 04:08 AM   #37
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My father saw creeping Socialism back in the 60's.
You will see a steady, but slow change.

It is all about empowerment and profit.
As long as we continue to demand "Free" things then "They" will be there to give it to us.

To many people, the word "Capitalism" is bad because it is hard to control. It is what has made us a World Leader for so long.

Freedom comes at a price, but too many now a days are not willing to pay it because it's just too much trouble.

Control oil and you control everything and everyone.

If we forget the Light of History. then the Future may be dark.

Old people are a problem, because they "Remember" the past.
Beware the word "progressive".
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Old 07-06-2008, 06:38 AM   #38
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I did a quick read of the comments here and noticed that no one really wants to talk about the real reasons behind the raise in gas prices.

The Federal government is borrowing Billions possibly Trillions of dollars. Normally when demand is high interest rates are also high, but interest rates have been kept low. We all know that that the dollar has lost more than a third of its value in the last 7 years. We've all lost a third of our net worth and everything we buy is more expensive. The price of gas has a lot to do with our inability to live within our means.

The reason for speculation is the fear the supply of oil will be disrupted. Instability in the Middle East is a big contributor to that fear.

Finally the theory that if we give all our money to the oil companies and it will trickle down to the poor people, isn't working! Why anyone would think that the oil companies would give us a deal on oil drilled in the US is beyond me. Where does the oil drilled in Alaska end up? How does that benefit us? Every quarter oil companies establish new profit records. Their executives get rewarded with $400,000,000 retirements. Remember eight years ago, gas sold for $1.39 per gallon.

There are things our government could do that would reduce the price of gas. However, giving more to the oil companies isn't one of them.

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Old 07-06-2008, 06:53 AM   #39
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"Finally the theory that if we give all our money to the oil companies and it will trickle down to the poor people, isn't working! Why anyone would think that the oil companies would give us a deal on oil drilled in the US is beyond me. Where does the oil drilled in Alaska end up? How does that benefit us? Every quarter oil companies establish new profit records. Their executives get rewarded with $400,000,000 retirements. Remember eight years ago, gas sold for $1.39 per gallon."

I have never heard that we should give all our money to the oil companies. Could you provide a cite where someone has suggested such? But 'Big Oil' does put hundreds of billions into the economy every year.

As to the situation 8 years ago-

Oil consumption world wide has gone up about 20-30% in that time. Iran is now very close to having nuclear weapons. The Twin towers no longer stand proud in Manhattan. Mexico was providing oil to us that they no longer pump.

Lots of things change in 8 years.
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Old 07-06-2008, 09:59 AM   #40
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I really tried to keep this non political. I don't see how I can possibly respond without being accused starting a inappropriate political discussion.
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Old 07-06-2008, 10:19 AM   #41
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<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">I really tried to keep this non political. I don't see how I can possibly respond without being accused starting a inappropriate political discussion. </div></BLOCKQUOTE>

It's almost impossible to do.

Since the fuel price issue is having such a major impact on everyone, several of these discussions have come up.

As long as these threads stay civil, they are not being closed.

Thanks.
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Old 07-06-2008, 11:11 AM   #42
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Hear oui gho hagen!

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