Fuck gas prices...
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Well...if we had a stronger dollar, people wouldn't be as apt to invest in the commodity market AND our $1 would buy more oil than it currently does. Why is our dollar not worth shit anymore? Maybe it has something to do with the BILLIONS we owe China and other countries for funding our pointless war in Iraq.
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KA-T_240;219709 wrote:
mmmm $70 to fill a honda?????????????????I filled the 240 the other day, it was $42 and I run premium.
Obviously, yours wasnt as empty as his or your tank isnt as big. But, it would have to be 20 gal of gas or so to run that much. Not too many Hondas have that big of a gas tank.
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almost every time i fill up i pay 40-45 bucks and thats 12 gallons or so. and that when im on empty!!
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tjamz;219694 wrote:
Well...if we had a stronger dollar, people wouldn't be as apt to invest in the commodity market AND our $1 would buy more oil than it currently does. Why is our dollar not worth shit anymore? Maybe it has something to do with the BILLIONS we owe China and other countries for funding our pointless war in Iraq.Or, you know, oil supply could be lower than demand. Of course, the fact that our currency is weak does play a small part of it.
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Or, it could be that if the commodity futures prices weren't bloated, a barrel of oil would have a realistic street value of ~$60/barrel....according to economists that I've heard speak.
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I think a majority of the high prices are a result of both greed and futures trading. LOL Im glad i dont have to pay to fill up my work truck, i filled it the other day from a quarter tank (something around 34 gallons), it cost 140 dollars!!!
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http://money.cnn.com/2008/02/01/news/companies/exxon_earnings/
We pay more and Exxon continues to to post record profits, hmm.
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Link;219723 wrote:
Chuck for pres! :icon_cheers:I would vote for ya!!!!!
Understeer is when you hit the wall with the front of the car
Oversteer is when you hit the wall with the rear of the car.
Horsepower is how fast you hit the wall
Torque is how far you take the wall with you -
tjamz;219720 wrote:
Or, it could be that if the commodity futures prices weren't bloated, a barrel of oil would have a realistic street value of ~$60/gallon....according to economists that I've heard speak.I'm hoping you don't mean $60/gallon, but anyway, ROFL. If there's one group of people that knows the least about the economy, it's economists. Nevertheless, I'd love to see a definitive link suggesting an extremely valuable, inelastic, finite resource should realistically be priced at $60/barrel.
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untitledfolder;219732 wrote:
http://money.cnn.com/2008/02/01/news/companies/exxon_earnings/We pay more and Exxon continues to to post record profits, hmm.
True. Price of oil goes up, and if they continue to sell the same amount of product, their GROSS profit will go up. Have their operating/exploration costs increased at all? There's always two sides to the coin.
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reshalghoul;219764 wrote:
I'm hoping you don't mean $60/gallon, but anyway, ROFL. If there's one group of people that knows the least about the economy, it's economists. Nevertheless, I'd love to see a definitive link suggesting an extremely valuable, inelastic, finite resource should realistically be priced at $60/barrel.Do you have your head buried in the sand or what? There have been many people who have said that if it weren't for the shitty dollar and all of the speculators the price per barrel would be around $60.
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MisterCMK;219766 wrote:
Do you have your head buried in the sand or what? There have been many people who have said that if it weren't for the shitty dollar and all of the speculators the price per barrel would be around $60.Please, I'd love to see definitive links.
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