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08-01-2006, 07:30 PM
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AWE Subscriber
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Why are we still paying $3 for a gallon of gas?
hurricane Katrina was the excuse to raise the gas from about 1.45 per gallon to $3.00 per gallon. It has been a year since Katrina has came and gone Why are we still paying $3 for a gallon of gas and why do we accept paying that much for gas?
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Federal Reserve Act of 1913, Congress unconstitutionally transferred control of the U.S. monetary system to a consortium of twelve private banks collectively known as the Federal Reserve System or “The Fed”. This system allows The Fed to print money This means that a group of private banks are authorized to create money out of nothing, and lend it to the government with interest that has to be repaid by the American people through the income tax.
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08-01-2006, 07:54 PM
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Machiavelli Incarnate
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Join Date: Jul 2006
Location: Cowtown, Texas
Posts: 7,417
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Profits for gas companies
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08-01-2006, 07:56 PM
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AWE Subscriber
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Join Date: Jun 2006
Location: Within reach of a Cold beer.
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Quote:
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Originally Posted by Areyouforreal
Profits for gas companies
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Thats the obvious. I just want to know what excuse the government is dishing out to us . or do we not get an explanation and nobody even questions them?
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http://www.baldwin08.com/
Federal Reserve Act of 1913, Congress unconstitutionally transferred control of the U.S. monetary system to a consortium of twelve private banks collectively known as the Federal Reserve System or “The Fed”. This system allows The Fed to print money This means that a group of private banks are authorized to create money out of nothing, and lend it to the government with interest that has to be repaid by the American people through the income tax.
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08-01-2006, 08:35 PM
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Political Junkie
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Join Date: May 2006
Posts: 332
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Real simple. People still pay whatever it costs. Don't fault the oil companies. If I could sell a glass of lemonade for $2 instead of .50 cents why wouldn't I?
You get 50 million drivers and tell them all not to fill up for a month and watch those prices plummet.
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08-01-2006, 10:20 PM
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Political Guru
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Join Date: Jul 2006
Location: Fla.
Posts: 992
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That statement in itself faults the oil , auto, and energy co's. Greed for those windfall profits is the real motivation for the high prices. If the oil companies pay more and that is why the higher cost, why the windfall avalanche of profits. They have increaced the cost way beyond their added cost. if the profit margin stayed the same that would mean they are only passing along the real added cost for the raw material.
Why is truck fuel higher than auto fuel which takes more refining to produce. The logic that what takes less refining costs more is flying in the face of R an D logic.
A crook, gouger, etc. is dirt.
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08-01-2006, 10:27 PM
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Political Guru
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Join Date: Jun 2006
Posts: 903
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Quote:
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Originally Posted by Petey
Thats the obvious. I just want to know what excuse the government is dishing out to us . or do we not get an explanation and nobody even questions them?
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May I remind you that we are in a Free Market economy meaning the government can't do a thing about it. The only claim they could have is that it's a strategic resource and I think that would hardly apply in this situation. To have the government regulate the prices would be to undercut our free market.
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The price good men pay for indifference to public affairs is to be ruled by evil men.
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08-01-2006, 10:29 PM
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Political Guru
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Join Date: Jun 2006
Posts: 903
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Quote:
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Originally Posted by r8dmarshall
That statement in itself faults the oil , auto, and energy co's. Greed for those windfall profits is the real motivation for the high prices. If the oil companies pay more and that is why the higher cost, why the windfall avalanche of profits. They have increaced the cost way beyond their added cost. if the profit margin stayed the same that would mean they are only passing along the real added cost for the raw material.
Why is truck fuel higher than auto fuel which takes more refining to produce. The logic that what takes less refining costs more is flying in the face of R an D logic.
A crook, gouger, etc. is dirt.
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Exactly oil companies are posting 60% profit margins (if my memory does not fail me which is possible). Is that REALLY necessary? Not really, but then again it pleases the stock holders of those companies.
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"Those who stand for nothing fall for anything." Alexander Hamilton
The price good men pay for indifference to public affairs is to be ruled by evil men.
Plato
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08-02-2006, 12:26 AM
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Political Guru
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Join Date: Jun 2006
Posts: 903
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Quote:
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Originally Posted by gixaholic
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May depend in how they do the books, but I'll take your word for it. A few weeks back though Tim Russert on Meet the Press can be quoted as saying that oil companies had 60% increase in profits. Maybe that's where I'm getting confused. Profit compared to increase.
__________________
"Those who stand for nothing fall for anything." Alexander Hamilton
The price good men pay for indifference to public affairs is to be ruled by evil men.
Plato
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08-02-2006, 01:38 AM
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Political Novice
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Join Date: May 2006
Posts: 18
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>Why are we still paying $3 for a gallon of gas and why do we accept paying that much for gas?
The simple answer is don't accept $3 per gallon, and stop buying/using it!
In reality Gas/Petrol is still cheap in the USA, and the USA knows it, however much they might whine, they don't buy smaller cars and drive less.
Cars are much smaller in Europe, consume less, and are driven less. Gas @ $3.00 per gallon is both statistically cheap and still viewed as cheap by USA consumers. In Europe it is approx. $8 per gallon, so you see $3 per gallon is still very cheap!
The price remains high because of the Opec Cartel, in most industries such a thing would be illegal, but, not in oil.
Opec has a limited resource and wants to maximize profits for the next 200 years, gas would be less than $0.30 cents per gallon if Opec agreed to pump at maximum rates........but, they have a limited investment to control.
Diamonds would be almost worthless if DeBeers flooded the diamond market, same with oil, it is a controlled substance.
The answer to both issues is the same, "buy fake". Encourage E85.........it is the future, most don't encourage E85 yet as oil is still too cheap.
I say bring on $10 per gallon for gas, then people will reduce the size of vehicles and look to corn!
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