Getting our home built so maybe we can start playing with trains again!
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Posts by cmjdisanto
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Getting our home built so maybe we can start playing with trains again!
Joined
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287 Posts
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Getting our home built so maybe we can start playing with trains again!
Joined
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287 Posts
Instead of trying to make straight commentary I'm going at this in a different approach. I have a couple questions.
With all the talk of free-markets, world-markets, demand, supply, yadda, yadda, yadda.....
Why has the price actually increased so much, especially in the last year. From our perspective, demand on a world scale seems to be no greater now than it was even 5 years ago. Then there was 3 years ago when we had Katrina, a serious disruption to the supply, and oil did not increase to the level it is now. Yet even on little to no real issues, oil seems to not stop.
Now as I mentioned there's been a great deal of talk about free-markets. But if you look at the overall state of things today regarding oil and the cascadeing effect that it's increase has had across the board, when did this country move from a Nation to an economy? I mean when did it actually become more important for a select group to make money than ensuring domestic tranquility, providing for the common defense or even promoting general welfare as a country and for it's citizens.
We have the oil. We have the means to get it right here and yet we sell it off since it generates more income for a chosen few all the while the rest of the country is thrown into turmoil and the majoity of it's citizens are fleeced.
Right now refineries are scaleing back production of gasoline because gasoline consumption is actually down. The price has finally caused a close to 25% drop as compared to May of last year. So the theory of supply and demand will be countered by a slow-down in production. Therfore prices will not drop but only increase. The supply will remain constant t the demand. Yet there seems to be no shortage. The real ironic thing is that this doesn't have to be decided in some smoke filled board room, but rather on each refineries books.
Everyone talks about what it was like way back when and makes comparisons about the ratio of oil, gas prices or even the price of tea in China to wages 30-40-50 years ago. It's not then it's now and right now we are in serious trouble all because we allow or contribute to a situation that seems to be nothing more than a selct group of people taking advantage for their own unfair gains. Yet if we do make comparisons, wasn't the crisis in the 70's actually caused in part by a disruption of supply. This is still something we have yet to really see today, but those speculators driving the market sure can create the thought of it.
As far as buying oil stock to as has been suggested, I would venture to say that there are very few people here that could purchase enough oil stock to make a difference in their life. /DesktopModules/NTForums/themes/mls/emoticons/whistling.gif
With all the talk of free-markets, world-markets, demand, supply, yadda, yadda, yadda.....
Why has the price actually increased so much, especially in the last year. From our perspective, demand on a world scale seems to be no greater now than it was even 5 years ago. Then there was 3 years ago when we had Katrina, a serious disruption to the supply, and oil did not increase to the level it is now. Yet even on little to no real issues, oil seems to not stop.
Now as I mentioned there's been a great deal of talk about free-markets. But if you look at the overall state of things today regarding oil and the cascadeing effect that it's increase has had across the board, when did this country move from a Nation to an economy? I mean when did it actually become more important for a select group to make money than ensuring domestic tranquility, providing for the common defense or even promoting general welfare as a country and for it's citizens.
We have the oil. We have the means to get it right here and yet we sell it off since it generates more income for a chosen few all the while the rest of the country is thrown into turmoil and the majoity of it's citizens are fleeced.
Right now refineries are scaleing back production of gasoline because gasoline consumption is actually down. The price has finally caused a close to 25% drop as compared to May of last year. So the theory of supply and demand will be countered by a slow-down in production. Therfore prices will not drop but only increase. The supply will remain constant t the demand. Yet there seems to be no shortage. The real ironic thing is that this doesn't have to be decided in some smoke filled board room, but rather on each refineries books.
Everyone talks about what it was like way back when and makes comparisons about the ratio of oil, gas prices or even the price of tea in China to wages 30-40-50 years ago. It's not then it's now and right now we are in serious trouble all because we allow or contribute to a situation that seems to be nothing more than a selct group of people taking advantage for their own unfair gains. Yet if we do make comparisons, wasn't the crisis in the 70's actually caused in part by a disruption of supply. This is still something we have yet to really see today, but those speculators driving the market sure can create the thought of it.
As far as buying oil stock to as has been suggested, I would venture to say that there are very few people here that could purchase enough oil stock to make a difference in their life. /DesktopModules/NTForums/themes/mls/emoticons/whistling.gif
Getting our home built so maybe we can start playing with trains again!
Joined
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287 Posts
Doug,
I actually had a very well thought out and productive response until the site locked up on me.
I'm not even going to attempt to rewrite things but I will say that the fact we do not produce our own energy or most of it has scared the bejeebus outta me since the conversations I overheard as a youngster in the last energy crisis.
The comment I made about consumption was that Gasoline consumption here in the states is down by almost 25% over May of last year. I'm not sure how sustantiated that number is since i went to find the article I read it in and it was gone. I would have liked to post the link, it was a good article.
I actually had a very well thought out and productive response until the site locked up on me.
I'm not even going to attempt to rewrite things but I will say that the fact we do not produce our own energy or most of it has scared the bejeebus outta me since the conversations I overheard as a youngster in the last energy crisis.
The comment I made about consumption was that Gasoline consumption here in the states is down by almost 25% over May of last year. I'm not sure how sustantiated that number is since i went to find the article I read it in and it was gone. I would have liked to post the link, it was a good article.
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