โMay-20-2008 09:25 PM
โJun-03-2008 03:19 AM
โJun-02-2008 03:57 PM
onrecess wrote:
Yes, Texas crude went from $30 as barrel to $133. So let's see... OLD oil (already drilled and pumping) still costs big oil EXACTLY the same to get, refine, and transport. We use 50% our own oil. 26-28% OPEC. Now they base the price on OPEC's $133. And how exactly is that explainable if not outright theft??? Seems our avg cost (or oil's) is roughly $91. Strange that they charge you like it is $133. Shell started a program of shale oil in the last crunch which was only profitable at $50 barrel. So, why aren't they building it now? Lack of can-do? Bologna. Too much self-reliance would mean you couldn't pretend OPEC has you over a barrel. Prices could drop to $50. POOF! ONE HUNDRED BILLION DOLLARS of extra profit this year alone disappears.
How's them easter egss? I always preferred bunny ears... chocolate ones, that is.
โJun-02-2008 03:43 PM
โJun-02-2008 03:07 PM
onrecess wrote:
Too much self-reliance would mean you couldn't pretend OPEC has you over a barrel. Prices could drop to $50. POOF! ONE HUNDRED BILLION DOLLARS of extra profit this year alone disappears.
โJun-02-2008 02:59 PM
โJun-02-2008 01:44 PM
eltejano1 wrote:
The article also makes claims that aren't documented - like Shell admitting they demolished their Bakersfield refinery to stop competition - date of meeting, name of official making statement, etc are lacking. It's hearsay.
โJun-02-2008 01:29 PM
eltejano1 wrote:
WZ - I read farther down in the article and found several instances of refineries being shut-down or demolished - but no concrete evidence that it was done in order to drive-up prices. The article also makes claims that aren't documented - like Shell admitting they demolished their Bakersfield refinery to stop competition - date of meeting, name of official making statement, etc are lacking. It's hearsay.A CLASSIC EXAMPLE of frustration with antitrust law is the recent attempt by Shell Oil to close its highly profitable refinery in Bakersfield, California. Already short on fuel and home to some of the highest prices for diesel and gasoline, Shell attempted to bulldoze the refinery rather than sell it. During initial open meetings with effected employees, the Shell spokesman claimed the company would never sell the plant. The bulldozing was desired to prevent a new competitor from entering the market. The company claimed the decrease in production at Bakersfield was expected to increase profits for Shell at its remaining refineries in Puget Sound, Los Angeles, and San Francisco. Shell's intentions alarmed the entire West. Elected officials pushed Shell to sell the refinery rather than close it and some asked the FTC to investigate. The company claimed it was losing money in Bakersfield and its wells in nearby California fields were running dry. The FTC agreed to investigate and announced its report would be completed sometime after Shell was scheduled to send the bulldozers through the refinery.
โJun-02-2008 01:02 PM
wing_zealot wrote:
Guess i believe in Santa Claus and the Tooth Fairy... (I also believe in the Easter Bunny in case you wondered)
โJun-02-2008 12:55 PM
โJun-02-2008 12:52 PM
The Weekenders wrote:eltejano1 wrote:
Hi Joe and Mrs J:
Those fellows, with the DMax and CTD, are trying in their own way to make a statement - a kind of one man Boston Tea Party if you will. Rather than being ridiculed, they should be commended for at least making some small effort to offer resistance rather than just lying there and taking it! If we had a few million more like them, diesel would be $2/gal. Maybe the guys that should be ridiculed are the ones who gleefully pay exhorbitant prices and then make fun of those who try to resist - now that's just nuts :-):-0
Love and Prayers, Jack
Mr J here,
A one man Boston Tea Party is liking using a shot glass to put out a forest fire. JMO
โJun-02-2008 11:31 AM
โJun-02-2008 10:26 AM
โJun-02-2008 10:07 AM
winkyb wrote:
But just think how quite it will be.No airliners over head no SUV~s and big trucks.Yea, you'll be able to hear the gunfire in the cities. People out in there garden growing what they eat.That's why you'll hear gunfire in the cities, most don't have the space or knowledge to grow anything--it's easier to take it from those who have what they need. The lady down the street making what the neighborhood wears as you can`t go to Wall Mart.Is she going to grow her own cotton? In the northeast? For many reasons, we just aren't capable of living that type of life anymore..
โJun-02-2008 08:53 AM
โJun-02-2008 08:41 AM
bagman wrote:
Dick, no rants or raves from me, because I refuse to let the higher cost of gas and diesel get the best out of me. We made several changes in our personal habits and the way we manage our personal affairs, so that we actually come out ahead in spite of the higher cost of fuel. You have to look at this situation as a problem that has to be solved and all you have to do is find a solution or a way to solve that problem. That is the key! Regards, Chuck.