Oil prices are going down, but gas is going up...WTF???

[ZoranC]

Is anybody reading and paying attention? These prices have nothing, absolutely nothing, to do with demand and supply or value of currency. They have been manipulated.

[supercharged]

Originally Posted by ZoranC

Is anybody reading and paying attention? These prices have nothing, absolutely nothing, to do with demand and supply or value of currency. They have been manipulated.

that's what I mean, they think we are gonna buy the gas anyway, so they just wanna benefit from it...

[ryandamartini]

w/e

No one is ever going to do anything about it except complain. The more gas costs, the more tax the government gets off of it, the more money oil companies make, more influence big oil has in washington.

the only answer that will ever help the nation is get a president who can grow a pair and tell the overpricing oil companies to #### off and set a price that the USA will pay and thats that.

No one is going to turn down the USA's full oil business.... They might die of heart failure if that did happen.... Americans standing up and uniting for a common cause... I mean thats just unheard of!

[killrwheels@autogeek]

Originally Posted by ZoranC

Is anybody reading and paying attention? These prices have nothing, absolutely nothing, to do with demand and supply or value of currency. They have been manipulated.

I disagree , supply and demand and valuation of our currency do play a part, and yes so does manpulation. There is more than one absolute in this situation and all actually are working against us currently.

[ZoranC]

Originally Posted by killrwheels@autogeek

I disagree , supply and demand and valuation of our currency do play a part, and yes so does manpulation. There is more than one absolute in this situation and all actually are working against us currently.

Question is still how big of a part. If part of price caused by supply and demand is much smaller than part caused by other reasons then we can as well say that price as it is now has nothing to do with supply and demand but it has everything to do with other reasons.

How much world production has changed over last 5 years?

How much world consumption has changed over same period?

If not much then supply and demand have not changed so it can not be due to supply and demand.

None of the reasons for increases we have been offered were "supply and demand". None of them were "oil producing countries jacked up the prices", at least not to such extent. They were all "price on Wall Street went up". And reasons we are being offered for price on Wall Street going up? "There was a squirrel in the vicinity of oil line, OMG, let's jack the price up", "Squirrel crossed over the oil line, OMG, OMG, let's jack the price up quick". "Squirrel dropped the nut when crossing over the oil line, OMG, OMG, OMG". "Squirrel turned around to retrieve the nut, OMG, OMG, OMG, OMG", "Wind started blowing in the vicinity, OMG, OMG, OMG, OMG, OMG", "Wind changed direction, OMG, OMG, OMG, OMG, OMG".

In other words: Wool over eyes for fools, not solid reasons.

[gary26]

The Government finances these oil companies with our tax dollars. Bush, Chaney, Rice all have oil ties. What's not to understand about Republican greed.

[supercharged]

the government gets "bribed" by those oil companies, and they will make any excuse there is just to raise those prices. It's simple, government is on commision...
I hate to say this, but the only use I see for republicans, is to sweep the floor in democrats office, using "made in China" grooms, since they wanna support those third world counties, instead of their own country.

[ZoranC]

FWIW, I have heard (I have no way of checking) that currently price of gas in United Arab Emirates is $1/gal.

[killrwheels@autogeek]

There would be no reason to manipulate something that was not needed and demanded. Is there a huge run on horse manure ?? Over the past years we have consumed more fossil fuels and become much more greety over its use. We drive the biggest SUVS, we want the most horsepower, and this all uses fuel. When the gas crunch in the 70's came about, people united and pulled back consumption which showed that we would/could use less if pricing was increased, but not in modern society. (charge cards also play a part, as we receive instant gradification in purchasing the fuel and pay later or offset the immediate financial woe from 4.00 per gallon)

So we now have a commodity that is highly suseptible to gouging and manipulation as its supply is wanted (and thus demand) and we arent as keen on slowing consumption. Add into it that we dont want or wont allow drilling and further supplies from precious America and we are left to allow others to dictate its pricing.

Have you seen the huge industrial and residential boom in Saudi and others area's rich in black gold ?? They are reeping in from the additional costs. Until we place a lower demand on this, they can control the pricing and government is free to tax and control the supply as it see's fit. Again more than one reason for the current place we are in, not just one simple definition.

[supercharged]

Originally Posted by killrwheels@autogeek

There would be no reason to manipulate something that was not needed and demanded. Is there a huge run on horse manure ?? Over the past years we have consumed more fossil fuels and become much more greety over its use. We drive the biggest SUVS, we want the most horsepower, and this all uses fuel. When the gas crunch in the 70's came about, people united and pulled back consumption which showed that we would/could use less if pricing was increased, but not in modern society. (charge cards also play a part, as we receive instant gradification in purchasing the fuel and pay later or offset the immediate financial woe from 4.00 per gallon)

So we now have a commodity that is highly suseptible to gouging and manipulation as its supply is wanted (and thus demand) and we arent as keen on slowing consumption. Add into it that we dont want or wont allow drilling and further supplies from precious America and we are left to allow others to dictate its pricing.

Have you seen the huge industrial and residential boom in Saudi and others area's rich in black gold ?? They are reeping in from the additional costs. Until we place a lower demand on this, they can control the pricing and government is free to tax and control the supply as it see's fit. Again more than one reason for the current place we are in, not just one simple definition.

Scott, how can you a lower demand, when automanufacturers don't want to improve fuel economy. Well, they do with hybrid technology, but then charge you premium price for that. I've seen an average 4 cylinder car like Honda Accord (I've taken a japanese, since domestic keep changing their models from time to time) hardly didn't improve any over in the last 15 years! What's up with that? That's the problem. And yet, almost everyone want to drive an SUV, if not the largest, something midsize, and those are bad gas-guzzlers. And speaking of small cars, with exception of a very few, they look very funny and they look like they designed for very poor people. Look at Yaris, it's ugly! Look ar Aveo - same thing! Even newer Focus looks uglier then a previous model. Nobody will wanna buy that. Believe me, My first car was a '95 Geo Metro. I though I was a clown, everyone were laughing!
And yet when government says fuel economy needs to be 35 MPG by 2020 on midsize sedans, they probably mean highway MPG on a 4 cylinder car.
NO! This figure needs to be on a V-6 3.5-4.0 engine models CITY MPG!!! And highway MPG should be in high 40's low 50's, without any hybrid technology for which they rip you off. And yes, they can do that, it's just a few people don't want it, as it will dramatically reduce oil consumption/their income.