Gas JUMP!
Drifting
Joined: Sep 2005
Posts: 1,995
Likes: 9
From: Camdenton MO
2024 C5 of the Year Finalist - Unmodified
Anybody else hear about the hearing that was to be held about a month-and-a-half ago where our government wanted the national heads of the major oil companies to be present for questions? Not a single representative from the oil giants showed up.
Melting Slicks
Joined: Nov 2005
Posts: 2,071
Likes: 0
From: clackamas oregon
Originally Posted by MilleniumVette
Anybody else hear about the hearing that was to be held about a month-and-a-half ago where our government wanted the national heads of the major oil companies to be present for questions? Not a single representative from the oil giants showed up.
Safety Car
Joined: Aug 2003
Posts: 4,988
Likes: 16
From: Hooterville, NJ
It was down to $1.95 here for Reg a few weeks ago. Now its back up to $2.25 for reg. Another thing I noticed is there is no more Ultra 94 at my local Sunoco station just 93. Looked like things were starting to stabilize there for a minute........oh well.
Melting Slicks
Joined: Jun 2001
Posts: 3,123
Likes: 3
From: Orland Park Illinois
St. Jude Donor '06-'07
Originally Posted by MagikDraggin
But then what do you expect when you have an "oil man" in the drivers seat at the white house?
Sorry, but, you're wrong about Bush. It would not matter if Jesse Jackson was in the white house. The oil companies are going to crush our ***** with this "supply & demand" bulls**t forever. No President is going to tell them (the oil companies) to build more refineries........
Burning Brakes
Joined: Jul 2004
Posts: 831
Likes: 0
From: Traverse City Michigan
Originally Posted by BiggieBoy
Sorry, but, you're wrong about Bush. It would not matter if Jesse Jackson was in the white house. The oil companies are going to crush our ***** with this "supply & demand" bulls**t forever. No President is going to tell them (the oil companies) to build more refineries........
Administrator
Joined: Mar 2001
Posts: 368,384
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From: In a parallel universe. Currently own 2014 Stingray Coupe.
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St. Jude Donor '03 thru '26
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That's a heck of a jump. Wonder what their reasoning was (as if they have to have a reason to hike prices)?
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Le Mans Master
Joined: Nov 2005
Posts: 5,403
Likes: 31
From: Allentown PA & Elk Twp NJ HPDE Addict
Originally Posted by MagikDraggin
Ok, my pleasure.
What better way to create an illusion of short supplies, than to restrict the refining capacity of a given product, in this case gasoline?
It is no secret that since the mid 70's, there have been no new refineries built...regardless of whatever reasons/excuses are given for it. However, demand has continued to increase as the population increases.
The result?.....viola, we have a shortage....we must raise the prices....and blame it all on simple "supply and demand".
Surely you can't be that naive, not to be aware of these sorts of manipulations?
And while we're on the subject, do you have any idea why the price of natural gas (which is completely unrelated to the refining of gasoline), goes up when there is a "fear" or some "concern" which MIGHT affect oil production?
These oil companies are not stupid. Their monetary successes are a testamony to that. The stupid ones are the general public for not demanding something be done about it.
But then what do you expect when you have an "oil man" in the drivers seat at the white house?
What better way to create an illusion of short supplies, than to restrict the refining capacity of a given product, in this case gasoline?
It is no secret that since the mid 70's, there have been no new refineries built...regardless of whatever reasons/excuses are given for it. However, demand has continued to increase as the population increases.
The result?.....viola, we have a shortage....we must raise the prices....and blame it all on simple "supply and demand".
Surely you can't be that naive, not to be aware of these sorts of manipulations?
And while we're on the subject, do you have any idea why the price of natural gas (which is completely unrelated to the refining of gasoline), goes up when there is a "fear" or some "concern" which MIGHT affect oil production?
These oil companies are not stupid. Their monetary successes are a testamony to that. The stupid ones are the general public for not demanding something be done about it.
But then what do you expect when you have an "oil man" in the drivers seat at the white house?
Drifting
Joined: Jun 2002
Posts: 1,847
Likes: 1
From: Iowa
Cruise-In IV Veteran
Cruise-In V Veteran
Originally Posted by spdislife
My understanding is the tree huggers threw so many hoops up for new refineries the oil boys threw in the towel and said f**k this! I could be wrong here too, just sharing what I've learned.
However, you are indeed displaying a distubing amount of naivety if not outright ignorance of the matter if you seriously believe the oil companies decided to give up working towards providing an economical product to the US consumers and instead chose to say, as you put it, f**k this, let's go out and make some money instead.
Believe what you want. The facts speak for themselves. This refinery shortage is no coincidence. That NO oil companies have taken the initiative to build a new refinery is no coincidence. They have actually closed some in order to facillitate their objective.
To suggest that there is no collusion going on behind closed doors with the oil companies is absurd.
Have it your way, though, and don't pay me no mind.
Team Owner
Joined: Jan 2006
Posts: 58,551
Likes: 95
From: The warm part of Anger Island
St. Jude Donor '09
Hmmm... the Bush's are in on it. .Dubbya's going to be out of a job soon and needs to pay off his yachts or whatever and have the american people pay for his retirement.
Jsut think BOHICA and you'll understand.
Jsut think BOHICA and you'll understand.
Le Mans Master
Joined: Nov 2005
Posts: 5,403
Likes: 31
From: Allentown PA & Elk Twp NJ HPDE Addict
Originally Posted by MagikDraggin
This is not a debate forum, so I can't really debate this subject with you here.
However, you are indeed displaying a distubing amount of naivety if not outright ignorance of the matter if you seriously believe the oil companies decided to give up working towards providing an economical product to the US consumers and instead chose to say, as you put it, f**k this, let's go out and make some money instead.
Believe what you want. The facts speak for themselves. This refinery shortage is no coincidence. That NO oil companies have taken the initiative to build a new refinery is no coincidence. They have actually closed some in order to facillitate their objective.
To suggest that there is no collusion going on behind closed doors with the oil companies is absurd.
Have it your way, though, and don't pay me no mind.
However, you are indeed displaying a distubing amount of naivety if not outright ignorance of the matter if you seriously believe the oil companies decided to give up working towards providing an economical product to the US consumers and instead chose to say, as you put it, f**k this, let's go out and make some money instead.
Believe what you want. The facts speak for themselves. This refinery shortage is no coincidence. That NO oil companies have taken the initiative to build a new refinery is no coincidence. They have actually closed some in order to facillitate their objective.
To suggest that there is no collusion going on behind closed doors with the oil companies is absurd.
Have it your way, though, and don't pay me no mind.
